RESPONSE TO SHAREHOLDERS
Q&A WEBSITE
August 24, 2007

We continue this week with answering the most commonly asked questions, in no particular order.

Q) “In a recent website Q & A, you stated that "specific target dates have been established for all potential joint venture participants." Can you tell us what that date is? And, what is a target date and how does it differ from a deadline?”
A) As you are aware, the Company has been negotiating for a considerable period of time with numerous potential joint venture/sale participants, each with its own particular set of circumstances and specific requirements.

We have now agreed with the various parties as to a timeline that is acceptable to them and to Medinah. The target dates are not the same in all instances and may not be a “deadline” per se.

Q) “In a shareholder letter from May 2005 you referred to a plan to do a share buy-back after funding is received. Is there currently a share buy-back plan in place?”

”To follow the shareholder instructions to conclusion, the Board of Directors is also developing a share-buyback plan that will be implemented as soon as the first monies are received. This plan should tighten up the stock and remove the excess shares that had to be issued at low prices in order to see the Company through these past difficult times.”
A) The Director’s Resolution passed in 2005 regarding a share buyback plan remains in effect and the Corporation intends to follow the dictates of that Resolution.

Q) “Are there any active plans to to comply with reporting requirements on the pink sheets to enable the company to move from "No Information" to "Limited Information" or "Current Information"?”
A) We have examined the various aspects of the “Pink Sheet” format and have had numerous meetings with several companies in similar circumstance, some of which have moved to compliance and now reached the “limited information” category.

The CEO of this particular company, whom I have worked with for 30+ years, has been kind enough to provide me with the detailed program that they followed along with specific cost points, along the way, and their estimated costs of maintaining that status and progressing forward.

Medinah intends to proceed to “limited information” status as quickly as possible. We have already filed a current (June 30, 2007) 15c2-11 disclosure document to the investment community.

Q) “Which is the name of the person who answer the questions in the Medinah web site.”
A) The CEO, Les Price, answers the questions after consultation with the Officers, Directors, Accountants, Attorneys and Geologists of the Company as needed to provide the applicable answers.

Q) “"IF" offers were to be in by the end of this month, would there "possibly" be an annoucement about this and/or that a dicission would be made soon? Thanks for your time.”
A) Any offers acceptable to the negotiating principals will be conveyed to the Directors for their consideration and public disclosure as soon as the restrictive covenants were removed. I am confident the Directors will act swiftly.