Runruno Update

Metals Exploration PLC
29 September 2005


                     Metals Exploration Plc ('the Company')

                 Runruno Project - Final Approval of Assignment


29 September 2005


The board of Metals Exploration Plc ('MetalsEx') is pleased to announce that the
Department of Environment and Natural Resources ('DENR') in the Philippines has
given its final approval of the Deed of Assignment relating to the exploration
permit in respect of the Runruno project from Greenwater Mining Corporation to
FCF Mining Corporation. MetalsEx owns 70% of FCF Mining Corporation.

The final approval by the DENR allows the Company to commence drilling
operations, which is expected within the next two weeks. The proposed drilling
program comprises a first phase of 7,000 metres, which will test the same area
that was the subject of the previous 1970s resource drilling carried out by
Fil-Am Resources Inc. The Company believes that by increasing the core recovery
relative to the poor recoveries experienced by the 1970s drilling, it may
demonstrate an increase in the average gold grades of the mineralisation. In
addition, molybdenum will be analysed for.

Further details of the Company's projects are contained in the announcements
released by, or on behalf of, the Company to its Regulatory Information Service.



Enquiries:


Steven Smith - Chairman                    [phone]
Jonathan Anderson - Investor Relations     [phone] or + 63 (0) 916 226 7575
Philip Haydn-Slater - W.H Ireland          [phone]




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