Beowulf Mining PLC has located Four deposits in northern Sweden that will be investigated further by diamond drilling in 2005.



Beowulf is the name of an epic poem, which is widely regarded as the first great work of English literature. The company is listed on the AIM market with the ticker BEM.

Note: On the 4th April 2005 the company changed its name from Beowulf Gold to Beowulf Mining. This was done to reflect the broader mining and exploration goals of the company. Previous company press releases have not been changed and will therefore still refer to the company as Beowulf Gold.





Corporate website : http://www.beowulfmining.com/

UK smallcap opening - Beowulf ticks up on press tip
AFX


LONDON (AFX) - Shares in Beowulf, which this month was awarded an exploration permit for a potential titanium deposit, ticked up 0.25 to 6.12 in response to positive comment in The Business.

With a 3 mln stg market capitalisation, if successful with its search, the shares would shoot sky-high, the newspaper said.

newsdesk@afxnews.com

fjb/bam

Bid / offer price now down 0.25, not sure why .

aldwickk,

So much for Clem Chambers' "buy" tip in The Business yesterday!
I can't understad why it went down either

Beowulf Mining PLC
28 June 2006


BEOWULF MINING PLC


LONDON: 28 June 2006 - Appointment of Joint Broker


The Board of Beowulf Mining plc (the 'Company') is pleased to announce the
appointment of City Capital Securities Limited as joint broker to the Company
with immediate effect. King & Shaxson Capital Limited will remain as a broker to
the Company.


For further information contact :-


Dr. Robert Young +44 (0) 1353 649 701
Chairman
Beowulf Mining plc


Gavin Burnell +44 (0) 207 584 3663
Ruegg & Co Limited


Nick Bealer +44 (0) 207 426 5986
King & Shaxson Capital Limited


Charles Dampney +44 (0) 207 822 7107
City Capital Securities Limited


Gary Middleton
St Swithin's Public Relations +44 (0) 207 429 4391




This information is provided by RNS
The company news service from the London Stock Exchange

Andy,

Am still holding these.

One more horror show......2 pence looks like the next stop for these.

Aldwickk,

I sold out a while ago, I can't see them doing anything in the short term.


laila25,

I agree, the Agricola scandal did for these too IMO.

The old proverb - look before you leap - comes into play here.
Listening to the talk in the city seems to lead me to buy or keep, with talk of production in the near term.
The price has got to be on the way up up, and this is a great price to buy at.

marc3254,

Production in the near term?

From where exactly?

Beowulf have engaged swowdens to complete a feasability study. Ruoutevare is thier most likely candidate, with very promising results. Bob Young is a quiet master in his field, underestimate him at your own finicial peril.
He's also involved with a company called 'All Star Minerals', who are currently only listed on offex but are moving to AIM shortly. They are specializing in thorium. If youve never heard of write back, the future is thoriuim.

marc3254,

So you're saying thay have "engaged swowdens to complete a feasability study", and also "talk of production in the near term".

I would have thought they may wait for the feasability study to confirm what they think, then presumably they have to construct a mine of some sort, and cost it and fund it.

So my definition of "near term", and yours may vary somewhat.

I won't comment on "All Star Minerals" due to my thoughts on the age and inexperience of the COO.

Wait and see - for some reason you seem very down on these stocks, I think your secretly gutted that you sold out on them, just a little to early.
Our of thier projects to are looking good Ruoutevare and Grundtrask. I look forward to seeing your posts in the near future.
Incidently near term in my mind is within one year.

BEOWULF MINING PLC

Technical Review of Ruoutevare Titanium Iron Deposit, Northern Sweden, by
Snowden Mining Industry Consultants Ltd.

Drilling in September 2006 to Re-sample the Deposit to support JORC- Compliant
Resource Report

11 July 2006. In March 2006, Beowulf Mining PLC (AIM- BEM) the AIM-quoted
mineral exploration company was granted an exploration permit by the Swedish
state mining authority (Bergsstaten) for the Ruoutevare area in the Jokkmokk
County of northern Sweden. A previous resource estimate carried out by the
Geological Survey of Sweden (Sveriges Geologiska Undersoknning -'SGU') in 1975
reported a resource of 116 Mt of material averaging 38% iron, 5.6% titanium and
0.17% vanadium based on 32 drill holes. A richer section of 20 Mt is registered
with a grade of 47% iron, 10% titanium and 0.14% vanadium.

Snowden Mining Industry Consultants Limited ('Snowden') has completed a
technical review of the previous work and has also undertaken a preliminary
geostatistical analysis of the drill holes to support the preparation of a
JORC-compliant resource report.

Snowden concluded that the volumes, tonnages and average grades of the 116 Mt
resource are of the order of magnitude reported by the SGU in 1975. However they
cannot be regarded as being equivalent to a JORC-compatible Inferred Resource.

Snowden has therefore suggested additional work, which includes re-drilling of
holes as well as the drilling of additional, closer spaced, drill holes to
assess the deposit. Ten to twelve drill holes are suggested and these are
planned for September 2006. If this work confirms the previous estimates and
produces a JORC compliant resource report, Snowden recommends the preparation of
a detailed scoping / pre-feasibility report for the project. If the latter is
successful they recommend the completion of a full feasibility study for the
project.

Commenting on the report, Dr. Robert Young, Chairman of Beowulf, states 'the
directors are very encouraged and are looking forward to a successful drilling
campaign leading to a scoping / pre- feasibility study on the Ruoutevare deposit
(Ruoutevare when translated into English means 'iron mountain'). The Company has
sufficient existing resources for the drilling campaign'.


For further information contact:-


Dr. Robert Young, Chairman
Beowulf Mining plc Tel: +44 (0)1353 649 701

Gavin Burnell
Ruegg & Co Limited Tel: +44 (0)20 7584 3663

Nick Bealer
King & Shaxson Tel: +44 (0)20 7426 5986

Charles Dampney Tel: +44 (0)20 7822 7107
City Capital Securities Limited

Gary Middleton
St Swithin's Public Relations Tel +44 (0) 20 7929 4391

Still one to keep an eye on I think !

mrc3254,

You're starting to become personal now, always a bad sign!, so please leave out this type of comment. ok?


"I think your secretly gutted that you sold out on them, just a little to early.
Our of thier projects to are looking good Ruoutevare and Grundtrask. I look forward to seeing your posts in the near future."


The price is LOWER than when I sold, so just why I would be "gutted" I'm not sure!

Beowulf have quite a few projects in Sweden, and they have all looked like this new one, in terms of readiness at some point, and yet they move on to the next one, and the next one.

With regards to your "within one year" comment, I thik that looks challenging if you read this statement from the RNS you quote.


"If this work confirms the previous estimates and produces a JORC compliant resource report, Snowden recommends the preparation of a detailed scoping / pre-feasibility report for the project. If the latter is successful they recommend the completion of a full feasibility study for the project."

I count two "if's" there,so it's not a gimmee by any chalk IMO.

I have met and like Bob Young, but I think he made an error of judgement with Agricola with his bringing in a totally inexperienced and very young student, (and the accompanying allegations that are in the public domain!) has tainted the market's perception of all his companies.

Agricola has bombed, and I sold Beowulf as I feared a knock on effect.

Are you being personal about this young director?
What has age got to do with ability or knowledge?

I take it you dont hold with the school of teaching that say a good mixture of age, experience and youth, are the building blocks of a solid long term company.

marc3254,

I am not being personal towards him at all, IMO the person concerned lacks the experience needed to perform the role he has been given. That is my opinion.

The allegations made by Tom Winnifrith were never challenged in court, which they surely would have been if false! These allegations severely damaged the credibility of Agricola, IMO.

A combination of age and experience is a good mix, but you normally serve an apprenticeship first!

things moving in the right direction again.
A good stock to hold onto.


BEOWULF MINING PLC

News Release

Scoping Study of Ruoutevare Titanium Iron Deposit, Northern Sweden by Raw
Materials Group.


22 August 2006. Beowulf Mining PLC (AIM-BEM), the AIM-listed iron, titanium,
gold and copper exploration and development group has commissioned the Raw
Material Group of Sweden, ('RMG'
www.rmg.se
) to prepare a scoping study of the
Ruoutevare deposit. RMG will make an assessment of the potential value of the
iron, titanium, vanadium project and examine capital costs, operational costs
and the potential revenue receivable from exploiting the Ruoutevare deposit at
various mining outputs.


The Raw Material Group is one of Europe's leading groups of mineral economists.
It has recently published 'The Iron Ore Market 2005-2007' which was compiled for
the United Nations Conference on Trade and Development.

Commenting on the report, Dr. Robert Young, Chairman of Beowulf, states 'The
directors have decided to prepare the scoping study on Ruoutevare prior to
completing the extra diamond drilling for the JORC-compliant resource report,
which is now planned for 2007. This will give a better understanding of the
economics of the project'.


For further information contact :-


Dr. Robert Young, Chairman
Beowulf Mining plc Tel: +44-(0)1353 649 701


Gavin Burnell
Ruegg & Co. Limited Tel: +44-(0)207 584 3663


Nick Bealer
King & Shaxson Tel: +44-(0)207 426 5986


Charles Dampney Tel: +44-(0)207 822 7107
City Capital Securities Limited


Gary Middleton
St Swithin's Public Relations Tel +44 (0) 207 429 4391

marc3254,

There you go, I told you one year to production would be challenging!


Commenting on the report, Dr. Robert Young, Chairman of Beowulf, states 'The
directors have decided to prepare the scoping study on Ruoutevare prior to
completing the extra diamond drilling for the JORC-compliant resource report,
which is now planned for 2007. This will give a better understanding of the
economics of the project'.

Andy,
Because of the complexities of mining from this site it make sense to check out all viable options before making a decision., hence the scoping study. I would concur with a delay to ensure the correct decision is made, on how to move the minerals from the mine to the main transport links. The main options seems to be a conveyor belt system, road building and rail line building. All would give Beowulf the ability to mine different amounts per year but also have varying costs. It is vital that the most cost effective and productive method is chosen.

More importantly Beowulf are heading in the right direction and this is a very encouraging announcement.