Approval of Idora Tunnel Plan of Operations

Red Leopard Holdings Plc

("Red Leopard" or the "Company")

Approval of Idora Tunnel Plan of Operations

The Company is pleased to announce that its plan of operations to open the Idora Tunnel in Shoshone County, Idaho (the "Tunnel") has been approved by the US Bureau of Land Management, following the posting of a $7,300 reclamation bond. The Company intends to engage Coeur d'Alene Mining Contracting LLC to carry out the work, which is expected to commence imminently.

The Tunnel, once reopened, is expected to provide underground access to a large block of the Company's claims for exploration purposes.

Enquiries:

Red Leopard Holdings PLC

John May, Chairman Tel: +44 (0) 207 917 6826

Northland Capital Partners Limited

Gavin Burnell / Lauren Kettle Tel: +44 (0) 207 382 1100

Beaufort Securities Limited

Saif Janjua Tel: +44 (0) 207 382 8300