Gold Exploration in West Africa

[FL]

Glencar to drill in 36.85g/ton Malian orpailleur pits

[ Glencar is GEX on London AIM market. Disclosure: I have some. FL ]

Drilling to Recommence at Komana target in Mali

Glencar Mining plc (“Glencar” or “the Company”) is pleased to announce that the second phase of drilling on its Komana target in the Yanfolila Project in Mali is due to commence on 27th March. Approximately 2,500 metres of reverse circulation drilling will be carried out, predominantly to test the southerly continuation of the mineralised shear zone within which bonanza gold grades of 55.19 grams per tonne over 20 metres were reported from the first phase of drilling in December 2005.

Geological mapping and rock sampling has shown gold grades of up to 36.85 grams per tonne in grab samples taken from recently developed artisanal pits which occur 800 metres along strike to the south and in very similar geological setting to that of the mineralisation drilled in the first phase. Assay results from the drilling programme should be available during April.

8 March 2006.

For further information:
Hugh McCullough
Chief Executive
Telephone: [phone]
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