Alexander Mining plc-First 'MoReLeach' Patent Granted

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

Alexander is pleased to report that it has received notification that its
MetaLeach Limited ("MetaLeach") subsidiary has been granted a patent for a
Method Oxidative Leaching of Molybdenum - Rhenium Sulfide Ores and/or
Concentrates in Australia, patent number 2011229125. The patent has a standard
term of twenty years from 3 March 2011 (being the date of original filing), and
is directed to the MoReLeach technology, a sister technology to the Company's
HyperLeach(R) technology (patents pending).


The patent describes a method for leaching molybdenum and/or rhenium from a
sulfide ore and/or concentrate containing such, the method comprising the steps
of: 




--  Exposing the ore and/or concentrate to an aqueous solution of chlorine-
    based oxidising species in which the sum of the concentrations of
    hypochlorite and hypochlorous acid is at least 10mol% of the chlorine-
    based oxidising species; 
    
--  Allowing and/or facilitating the oxidation of the molybdenum and/or
    rhenium by the hypochlorite and/or hypochlorous acid, thereby decreasing
    the pH such that the predominant chlorine-based oxidising species
    becomes chlorine; 
    
--  Allowing and/or facilitating the oxidation of the molybdenum and/or
    rhenium by the chlorine thereby producing a pregnant leach solution; and
    
--  Passing the pregnant leach solution to a means for metal recovery. 



The MoReLeach Process

The MoReLeach process, a sister technology to the Company's HyperLeach(R)
technology, is used on molybdenum bearing ores, concentrates and flotation
tailings. The HyperLeach(R) process is a process for the extraction of base
metals, especially copper, zinc, nickel and cobalt from sulphidic ores and
concentrates.


The technology consists of three major stages i.e. leaching,
separation/concentration and recovery. The leaching can occur either in heap or
tank and involves contacting the ore/concentrate with a suitable solution of
reagent at an appropriate concentration. The separation/concentration and
recovery of the metals uses the same ion exchange process as that used in
current roasting - acid leach plants to produce the industry standard products,
ammonium molybdate and ammonium perrhenate, which can be sold directly to
secondary processors. The reagent used can be readily recycled at low cost using
conventional technologies.


Using MoReLeach both oxide and sulphide based molybdenum ores can be effectively
treated. The reagent used is highly selective for molybdenite and can be used to
remove molybdenum from copper flotation concentrates whilst minimising copper
loss. This allows realisation of the value of the molybdenum, increases the
copper grade and reduces penalties at the copper smelter. The rhenium which is
present in all molybdenite deposits will behave in the same way as molybdenum
and can be recovered at low additional cost.


Martin Rosser, Chief Executive Officer, said: "The granting of our first
MoReLeach patent for the potential application of the technology described in
the patent for molybdenum and rhenium ores is a significant addition to the
range of metals covered by the Company's leaching technology."


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.