Mining Investments Resources plc

Investments Update

Mining Investments Resources plc ("MIR" or "the Company"), an investing company which focuses on special opportunities in the resource sector announces a half yearly update on its investments portfolio.

The Company is engaged in two main areas of activity.  Firstly MIR invests funds in the quoted shares of mining companies and secondly it is working assiduously to secure direct investments in unquoted mining companies in the Far East of Russia.

Investment Results

On 28 August 2012, the Company invested £563,834 of the funds raised in the financing which closed in August 2012.  We are pleased to be able to report that MIR's portfolio had increased in value by £97,779 during the period from 28 August to 31 December 2012, an increase of 17.3 per cent.

Direct Investment Activity

MIR is actively engaged in the negotiation of its direct investment activities, principally in the Far East of Russia.  Its focus is to secure investments which are attractive natural resource plays but which also have infrastructure already in place.

Discussions are ongoing with MIR's strategic alliance partner, Artel Vostok, to secure licences for three gold exploration structures which have been identified within the area of and surrounding some of Artel Vostok's alluvial gold placer mining activities and are believed to be the source of gold for the alluvial operations.  Exploration of these areas can be carried out using the infrastructure in place for the alluvial operations and by contracting the exploration drilling subsidiary of Artel Vostok which has the equipment necessary for a full exploration program in place, including two Boart Longyear drill rigs.

MIR is also in active negotiations to secure several other investment opportunities of more advanced exploration and development projects, mainly in the precious metals sector in the Khabarovsk and Primorsky regions of Russia.

Enquiries

Michael Nosworthy Mining Investments Resources plc +33 675657274
Steve Roberts Mining Investments Resources plc 07812043436
Luke Cairns / Matthew Johnson Northland Capital Partners Limited

(Nomad and Joint Broker)

020 7796 8800
Peter Greensmith / Eran Zucker Peterhouse Corporate Finance Limited

(Joint Broker)

020 7469 0932
Jonathan Anderson Investor Relations 07950410680
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