SHAREHOLDER UPDATE April 20, 2012 Dear Shareholder
Post# of 689
SHAREHOLDER UPDATE
April 20, 2012
Dear Shareholders:
Medinah Minerals, Inc. Management is pleased to report an update from Compañia Minera LDM Chile representatives as to developments at the Las Dos Marias mining project in the Santiago Region of Chile. The mining project is designed to drift a tunnel into the gold-bearing structures discovered in the previous diamond drilling intersections of high-grade gold mineralization, and is proceeding.
On April 5, 2012 the surface land rights to approximately 47 Hectares were purchased from several land owners. This is sufficient area for current mining development and all future milling/storage.
An Agreement has been concluded with the land owners in the Caren area to provide all access through their properties to connect to the South road. This road has been upgraded to allow passage of 20-ton ore trucks from the Las dos Marias mine to the processing facilities in the valley, and to the Enami milling and smelting operations.
The consulting Geologist has identified the starting points for the tunnels by surveying the points of intersection of the vein structure at the diamond drill stations and calculated the strike and direction where the vein would exit the mountain.
The excavator has been working on-site to provide access for the tunnels and also construct an area for the base camp. While the excavator was digging out the foundation area for the tunnels and the camp, an approximate 2-meter wide quartz vein containing visible gold was intersected. This vein is now being further stripped to determine the width and direction of the structures. The Geologist has now sampled the material and it has been sent out for assay. The excavator has reached 10 meters in depth and sampling is being done along the way. This will continue to reach a 20-meter depth analysis. The predictability of the vein direction is obviously variable at this time, but the tonnage and potential reserves from the original projections may be expanded as the strike length of the vein has exceeded prior expectations, and the length and strike of the new vein is yet to be determined
Señor Juan José Quijano Fernández
President/CEO