Consultancy Agreement

25 November 2010

Alexander Mining plc

('Alexander' or the 'Company')

Consultancy Agreement

The Company has noted the recent TSXV announcement of a possible business combination between RPT Resources Ltd. ("RPT") and a private oil and gas company, which, if consummated, may lead to RPT becoming solely engaged in oil and gas exploration. The Company has a commercial agreement with RPT to develop mining projects with MetaLeach's Proprietary Leaching Technologies. An extension to this agreement, on a rolling basis, was announced in September. The Company has been advised by RPT director Michelle Gahagan that RPT currently has no intention of giving notice terminating the consultancy agreement with Alexander's MetaLeach subsidiary.

ENDS

For further information please contact:

Alexander Mining plc

Martin Rosser, Chief Executive Officer

+44 (0) 20 7292 1300

Mobile: + 44 (0) 7770 865 341

Matt Sutcliffe, Executive Chairman

Mobile: +44 (0) 7887 930 758

Nominated Advisor and Broker

Ambrian Partners Limited

Samantha Harrison / Jen Boorer

+44 (0) 20 7634 4700

Public/Media Relations

Britton Financial PR

Tim Blackstone

+44 (0) 20 7242 9786