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

                       NEW LICENCE AWARD IN COUNTY CLARE

Belmore  Resources  (Holdings)  Plc  is  pleased  to  announce that it has been
awarded an  exploration licence over Area 3679 in County  Clare, SW Ireland, by
the  Minister  of Communications Transport and Natural Resources.  The  licence
permits Belmore to explore for Base Metals, Barytes, Silver and Gold. 

This licence is  surrounded  by  other licences held by Belmore which contain a
drill indicated resource of some 400,000  tonnes grading 12% zinc plus lead and
79 g/t of Silver.

Management believe that the licence contains a number of zinc / lead prospects,
two of which, at Ballyhickey and Kilbricken,  were mined in the 19th Century. A
detailed  review  of previous exploration data is  currently  being  undertaken
prior  to additional  geochemistry  and  geophysics  to  identify  the  optimum
drilling  targets,  which  will  be tested in a drilling programme, on this and
other licences, planned for the first quarter of 2006.



                                   --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
Dominic Barretto                                          MOBILE: 07930 450 156
                             
VSA RESOURCES LIMITED                                        TEL: 020 7628 3989
William Voaden
Ela Tomasik