BELMORE RESOURCES (HOLDINGS) PLC
                         ("BELMORE" OR "THE COMPANY")

                   BELMORE TO RECOMMENCE DRILLING PROGRAMME

Belmore  Resources  (Holdings) Plc, a minerals exploration company with a focus
on projects in the Republic  of  Ireland  and  Northern  Ireland, is pleased to
announce that, following the interpretation of last summer's  drilling  results
and a subsequent geochemical and geophysical programme in selected areas on its
base  metal prospecting licences in County Clare, Ireland, a drilling programme
is due to commence on licences 3789, 3643 and 3863 during the first week of May
2006.

Following  a  geophysical  and  geochemical  work  programme  on  newly awarded
licences  2590,  3642 and 3679 (86 sq km), we expect a drilling programme  will
follow thereon later in the year.

LICENCE 3789 - CLONLOUM AREA
A single hole drilled last year proved that a thick and prospective Waulsortian
Reef succession was present and that the very limited zone of outcrop is due to
the presence of a  major  fault. Geophysics has allowed us to locate this fault
and the drilling programme  will  be  targeted  to  test  the  best geophysical
anomalies close to this newly discovered fault zone.

LICENCE 3643 - KILMURRY AREA
Last  summer's  drilling confirmed structural complexity in this area  and  the
depth of the Reef base was greater than expected. This suggests the presence of
a north-west trending  fault  and  our recent geophysics has located this fault
and detected a chargeability anomaly  on  this  fault  which  will now be drill
tested.

LICENCE 3863 - SPANCIL HILL AREA
A single hole last summer confirmed the presence of a north-east trending fault
on this licence.  This hole tested the less prospective foot-wall of the fault.
Following  an  Induced Polarisation (IP) geophysical survey, we are  now  in  a
position to target the hanging wall of the same fault.

Scientific or technical  information relating to Belmore's activity is based on
direct supervision of, or  has  been  reviewed  by  John  Colthurst, consultant
geologist.
                                   --ENDS--


THE DIRECTORS OF THE ISSUER ACCEPT RESPONSIBILITY FOR THIS ANNOUNCEMENT


ENQUIRIES:

BELMORE RESOURCES (HOLDINGS) PLC                         Tel: 00 35387 681 2883
Patrick Mahony                               

BISHOPSGATE COMMUNICATIONS LTD                               Tel: 020 7430 1600
Maxine Barnes                                             Mobile: 07860 489 571
Scott Robertson
                             
VSA RESOURCES LIMITED                                        Tel: 020 7628 3989
William Voaden