SHAREHOLDER UPDATE
September 18, 2012
Dear Shareholders:
As reported by LDM Chile, Geologists working on the Las dos Marias Mining project discovered a previously unidentified skarn zone that trends consistently towards Diamond Drill Holes – DDH-01 and DDH-02. Significant gold assays have been returned from sampling this skarn throughout the tunneling process.
The Geologist now reports that old Spanish workings have recently been encountered and he explored these workings entering through a recently discovered tunnel. He observed significant mineralization continuously throughout the wall rock and recommended a sampling program of the shafts and galleries.
The first assay from sampling the face of the tunnel, returned across the face of 2- to 7-meter widths closest to our current tunneling operations:
6.5% copper per tonne
53.5 grams per tonne silver
.05 grams per tonne gold
The tunnel heads away from the present workings to the right on an uphill trend. Observing upward, the Geologist determined an area that appeared to be a much larger mineralization structure. The Geologist sampled the old workings of approximately 100 meters and the galleries returned the following assays:
4.20% copper .24 grams per tonne of gold
0.49% copper .51 grams per tonne of gold
7.07% copper .41 grams per tonne of gold
1.56% copper .25 grams per tonne of gold
5.24% copper .19 grams per tonne of gold
The surprisingly high copper assays returned from these samplings give a clear indication that this is part of a much larger structure and this area has been mineralized from a very rich source. In this area alone, on the Los dos Marias property, Company geologists have discovered a gold-bearing skarn zone, high-grade gold vein structures, a potential quartz stock works, high-grade copper mineralization, and the surface expression that has now been exposed, of a copper/gold breccia within the boundaries of this project area.
The Company Geologist is currently mapping the various mineralized areas that have been discovered and overlaying all of the assays. When he has finished this process of mapping and analyzing this new ore body, he will then make recommendations as to a comprehensive mining strategy.
The miners are continuing to advance the adit toward the target of the DDH-02 that returned high-grade mineralization of over 100 grams of gold per tonne in past diamond drilling.
Señor Juan José Quijano Fernández
President/CEO
Note: This News Release may contain certain “forward-looking statements” within the meaning of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Medinah Minerals, Inc. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed under the heading “Risk Factors” and elsewhere in documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
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