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Medinah Minerals, Inc. - News Release

Lipangue Update - A.C.A. Howe International Limited

Lake Elsinore, CA., March 6, 2001 . . . Management of Medinah Minerals, Inc. announces that A.C.A. Howe International, Ltd. has presented to Medinah Minerals, Inc., its latest updated report on the Lipangue gold copper property.

"The project area is located in central Chile, approximately 30 kilometres northwest of Santiago in the coast range mountains at an elevation of approximately 2,000 metres. The property can be easily reached from Santiago along a paved highway to the town of Lampa and then along approximately 13 kilometres of 4 wheel drive roads which climb to an elevation of about 2,000 metres to the Altos de Lipangue plateau. The Lipangue property covers the majority of the plateau. Dirt roads pass through the middle of both property areas, and from here most other parts of the property can be reached in a truck or by foot along dirt roads and trails."

"Geochemical analysis by Medinah on the drill hole samples indicates that the breccia below the oxidation level, is anomalously mineralized over most of its entire width, with significant weighted averages of gold, silver, and copper as shown below:"

Drill Hole Analytical Results Drilled Width
L99-03
and
1.72g Au/t, 10.07g Ag/t, and 0.40% Cu
0.37g Au/t, 2.88 g Ag/t, and 0.04% Cu
84 meters
36 meters
L99-05
and
0.23g Au/t, 1.35g Ag/t, and 0.07% Cu
0.47g Au/t, 2.11g Ag/t, and 0.10% Cu
40 meters
24 meters
L99-06 0.60g Au/t, 13.7g Ag/t, and 0.39% Cu 154 meters
L99-07 0.49g Au/t, 9.68g Ag/t, and 0.31% Cu 124 meters
L99-08
including
and
3.83g Au/t, 27.2g Ag/t, and 0.40% Cu
15.61g Au/t, 99.56g Ag/t, and 0.90% Cu
14.76g Au/t, 56.9g Ag/t, and 1.01% Cu
56 meters
3 meters
9 meters
L00-09 5.93g Au/t, 23.6g Ag/t, and 0.81% Cu 6 meters
L00-11
and
0.23g Au/t, 3.47g Ag/t, and 0.17% Cu
0.22g Au/t, 0.66g Ag/t, and 0.06% Cu
12 meters
9 meters
L00-12
and
0.33g Au/t, 3.06g Ag/t, and 0.07% Cu
0.56g Au/t, 2.33g Ag/t, and 0.14% Cu
11 meters
28 meters
L00-13 0.60g Au/t, 2.03g Ag/t, and 0.11% Cu 105 meters
L00-14
including
and
0.62g Au/t, 4.77g Ag/t, and 0.36% Cu
1.32g Au/t, 12.64g Ag/t, and 0.94% Cu
1.58g Au/t, 12.28g Ag/t, and 0.93% Cu
39 meters
7 meters
5 meters
L00-15 0.25g Au/t, 2.10g Ag/t, and 0.10% Cu 93 meters
L0016 1.19g Au/t, 6.47g Ag/t, and 0.36% Cu 27 meters
L00-18
including
and
0.67g Au/t, 5.02g Ag/t, and 0.32% Cu
0.85g Au/t, 22.62g Ag/t, and 1.53% Cu
1.67g Au/t, 14.23g Ag/t, and 0.71% Cu
38 meters
6 meters
3 meters

 

"Howe feels confident that the analytical values reported by Medinah from their recent drilling campaign over the Lipangue Property gives a general representation of the values that can be expected from this prospect. Future drill programs should be preceded by early stage mineralogical testing to determine the general characteristics of the gold grains in the mineralized domains which will assist in determining the optimum sampling scheme for future exploration programs."

"Medinah’s Lipangue property contains the Lipangue polymetallic breccia pipe which represents a good target to host underground, bulk mineable, gold-copper-silver mineralization. This target remains open to the east, and at deeper levels to the west, and down plunge, and could become much larger in extent as Medinah traces it in these directions. The breccia is still in the early stages of drill definition and Medinah believes that with a minimal exploration program the potential size of this target can be substantially increased. Other parts of the Lipangue Property have only been reviewed on a preliminary basis, or not at all, and these should be further explored, since the potential exists for additional breccia style or copper porphyry mineralization."

"Medinah’s increased land position is secure, in that it covers the strike and down dip extent of all of the defined mineralized zone and leaves sufficient ground to define new targets along strike or on other parts of the property."

RECOMMENDATIONS

"The Lipangue Property area should continue to be evaluated for large tonnage, bulk mineable, breccia hosted gold-copper +/-silver and/or copper porphyry style mineralization, according to the suggested two phase, results driven exploration program. The total approximate cost for Phases 1 (US$415,000) and II (US$605,000) is US$1,020,000."

Note: The entire text of the A.C.A. Howe report will be available shortly on the Company’s Website.

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For further investor information contact Investor Relations at (604) 903-2981 or visit us online at
www.Medinah-Minerals.com

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 Energy, 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 results 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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