Alexander Mining plc-Cobalt Patent Granted in Australia

Alexander Mining plc ('Alexander' or the 'Company') (TSX VENTURE:AXD)(AIM:AXM) -  

Alexander is pleased to report that it has received notification that its
MetaLeach Limited ("MetaLeach") subsidiary has been granted a patent in
Australia for a Method for leaching cobalt from a non-lateritic oxidised cobalt
ore, patent number 2010254596. The patent has a standard term of twenty years
from the effective date of 6 August 2010 (being the date of original filing of
the PCT Application from which the Australian patent is derived). 


The patent describes a method for leaching cobalt from a non-lateritic oxidised
cobalt ore, the method comprising the method steps of:




--  curing the non-lateritic oxidised cobalt ore to be leached through the
    application of an aqueous solution of a cobalt reducing agent selected
    from the group: iron (II) salts, sulphite salts, sulphur dioxide, and
    combinations thereof; at a pressure of between about atmospheric
    pressure and about 5 atmospheres, at a temperature between about 5
    degrees C and about 65 degrees C; 
    
--  wherein the pH of the aqueous solution of the cobalt reducing agent is
    between about 1.0 and 10.0; and wherein the relative volumes of the
    aqueous solution of the cobalt reducing agent and the non-lateritic
    oxidised cobalt ore to be leached are such that the combination of the
    aqueous solution of the cobalt reducing agent and the non-lateritic
    oxidised cobalt ore to be leached forms a mixture with a solids content
    not less than about 100 g/L of aqueous solution; 
    
--  substantially retaining the aqueous solution of the cobalt reducing
    agent in contact with the non-lateritic oxidised cobalt; and 
    
--  leaching the cured ore at a pressure of between about atmospheric
    pressure and about 5 atmospheres, at a temperature between about 5
    degrees C and about 65 degrees C, through the application of an ammonium
    carbonate solution containing free ammonia thereby producing a pregnant
    leach solution; then passing the pregnant leach solution resulting to a
    means for cobalt recovery.  



Martin Rosser, Chief Executive Officer, said: "The technology described in the
patent has application for the extraction of cobalt from a range of oxidised or
non-sulphide deposits. Moreover, the patent is a significant addition to our
valuable and growing portfolio of intellectual property patents granted and
pending". 


Forward Looking Statements 

This news release may contain forward looking statements, being statements which
are not historical facts, including, without limitation, statements regarding
potential mineralization, exploration results, resource or reserve estimates,
anticipated production or results, sales, revenues, costs, "best-efforts"
financings or discussions of future plans and objectives. There can be no
assurance that such statements will prove accurate. Such statements are
necessarily based upon a number of estimates and assumptions that are subject to
numerous risks and uncertainties that could cause actual results and future
events to differ materially from those anticipated or projected. Important
factors that could cause actual results to differ materially from the Company's
expectations are in Company documents filed from time to time with the TSX
Venture Exchange and provincial securities regulators, most of which are
available at www.sedar.com. The Company disclaims any intention or obligation to
revise or update such statements unless required by law.