The following are selected excerpts from the February 12, 2001 Howe Chile Limitada report on the Alto de Lipangue Breccia  Property gold/copper/silver property. The complete report is available for viewing at the corporate offices of
Medinah Minerals, Inc.

           

SUMMARY GEOLOGICAL REPORT
ON THE
LIPANGUE BRECCIA PROPERTY

SUMMARY

1. General
2. Terms of Reference    
3. Scope, Sources of Information, and Disclaimer
4. Units and Currency

2.1 Location and Access
2.2 Property Description and Current Status

4.1 Medinah Exploration Programs - Lipangue Property
4.1.1 Phase V Exploration – Lipangue

5.1 Lipangue Property Geology
5.2 Lipangue Property Mineralization
5.3 Howe Verification Sampling

6.1 Conclusions
6.2 Recommendations

1.1 Map of Chile
2.1 Property Location Map.
2.2 Land Tenure
4.1 Lipangue Property – Geology and Drill Holes
5.1 General Geology of the Santiago Area
5.2 Geology of the Lipangue Property 
5.3 Lipangue Property – Section Line E
5.4 Lipangue Property – Section Line E + 50
5.5 Lipangue Property – Section Line EF
6.1 Lipangue Breccia – Level Plans
6.2 Lipangue – Proposed Drilling

2.1 Lipangue Claims
4.1 Lipangue Diamond Drill Holes – Third Drilling Program (2000)
4.2 Lipangue Property – General Range of Gold, Silver and Copper Values
4.3 Lipangue Property – Significant Diamond Drilling Analytical Results
5.1 Lipangue Property – Summary of Howe Assay Results (2000 Site Visit)  

At the request of Mr. Gregory Chapin, President of Medinah Mining Inc. ("Medinah"), a public New York company (NASDAQ – OTC) with offices located at 148 South Main Street, Lake Elsinore, CA, 92530, U.S.A, Howe Chile Limitada ("Howe"), was retained to review the recent phase of drilling completed between September 1^st and November 30, 2000 over the Lipangue Gold-Copper-Silver Breccia Property. The property is located within the Metropolitan Region of Chile, approximately 30 kilometres northwest of Santiago.

Howe was retained by Medinah on October 19, 2000 with the terms of reference for this assignment consisting of a summary of the results of the most recent phase of drilling over the Lipangue Property. This report appends the previously completed qualifying geological report ("Geological Report on the Lipangue and Dos Marias Gold-Copper Properties", Robert Cinits, Howe Chile Limitada Report #0029, June 19, 2000) which complies with Canadian reporting guidelines as set out in National Instrument 43-101, covering the mineral potential of the Lipangue and Las Dos Marias Properties. Since no further exploration has been completed over the Dos Marias Property, this newest report only covers the most recent drilling phase of exploration completed over the Lipangue Property and the new land tenure status. It is Howe’s understanding that this report is required by Medinah in support of a financing with the NASDAQ-OTC Stock Exchange.

The Lipangue Property consists of 12 individual mining claims ("mensuras") which together cover an area of approximately 2,163 hectares. All of the claims are currently held 100% by Medinah, through their wholly owned Chilean subsidiary Medinah Mining Chile ("Medinah – Chile"). The two original claims of the property have been bought outright by Medinah through a purchase agreement which became effective on April 23, 1999, and three additional claims were staked by Juan Jose Quijano, on behalf of Medinah. The remaining seven claims have recently been acquired by Medinah in an option to purchase agreement.

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.

The nearest city with any reasonable infrastructure is Santiago, however the most basic exploration supplies can be purchased in Lampa, approximately 1 hour driving time from the property. Deep water ports exist in the cities of Valparaiso and San Antonio on the Pacific coast, approximately 65 and 70 kilometres direct distance northwest, and southwest of the property, respectively. Electrical power, sufficient only for local town use, and telephone services currently exist in the town of Lampa, however a major power grid runs just west of Lampa. Telephone service in Chile is excellent, most of it being connected to a fibre optic network while the cellular network covers most major cities and has reception from the Lipangue Property.

The Lipangue Property is located on the "Altos de Lipangue" which is a relatively flat, northeast elongate plateau covering an area approximately four kilometres long and one to two kilometres wide. The plateau, and its eastern and western flanks are underlain by a volcanic sequence, intercalated with continental and marine sediments which are intruded by Upper Cretaceous aged granitic rocks of the central batholith. The area surrounding the properties is host to several diverse types of metallic mineralization such as vein, stratiform, stockwork/breccia, skarn, and shear zone hosted copper/gold/silver mineralization which occur in a variety of geological environments.

The Property area is underlain by a generally north striking, east dipping volcano-sedimentary sequence of rocks which corresponds with the Ocoa and Purehue Members of the Veta Negro Formation, and which, to the east, is intruded by Cretaceous aged granodiorite of the central batholith. The contact zone with the granodiorite runs roughly north-south through the central portion of the property and is host to the recently discovered Lipangue gold-copper-silver breccia pipe.

The Lipangue Property was first obtained by Medinah in 1998 and since then has seen five phases of exploration, including the most recent phase which occurred between August 16^th and November 30, 2000. The Phase V exploration program consisted of: the rehabilitation of the access road; drill platform construction; 6 diamond drill holes (L00-13 to L00-18) which range in depth between approximately 325 and 427 metres and together total approximately 2,304 metres; and a thin/polished section study consisting of 25 samples from drill hole L00-13.

The new drill holes intersected the breccia at its deepest levels to date and helped to further outline its geometry and grades and determine the alteration sequences. To date, all of the drilling completed by Medinah (holes L99-01 to L00-18) has been in a fairly restricted area, with all of the holes occurring within a 360 metres radius of each other. Fourteen of the 18 holes have intersected the breccia, and these 14 holes have been drilled on 5, north-south oriented, irregularly spaced sections (separated by 25 to 50 metres) which cover a 150 metre east-west distance. Below surface the breccia has an ovoid pipe shape which is elongate to the northeast, and which plunges to the south southeast at about -62º. Drilling has so far traced it from surface, approximately 400 metres down its plunge where it remains open at depth.

Surface exposures of the breccia are heavily oxidized and consist of rounded to subangular clasts of intensely altered granodiorite, cemented by a matrix of crystalline quartz and limonite and iron-oxides. Limited sampling of previously excavated trenches indicates that the oxidized portions of the breccia are heavily leached and are only weakly anomalous in gold, copper, and silver.

The oxidation level varies between 25 and 50 metres in depth, below which the breccia consists of rounded and sub-angular clast and matrix supported fragments of altered granodiorite (varying amounts of fine disseminated and coarse "earthy" chlorite, along with sericite, silica, clay +/-pyrophyllite and alunite?). The fragments are set in a matrix of finer grained fragments and flour, along with coarse crystalline vuggy quartz, 1 to 15% coarse anhedral blebs of pyrite, chalcopyrite, and in places chalcocite (replacing chalcopyrite), sphalerite, and galena. Fine disseminated pyrite (trace to 5%), and lesser amounts of chalcopyrite are common throughout the granodiorite fragments. Late quartz veinlets, generally less than a centimetre in width, cut the breccia in places, and are mineralized with pyrite, chalcopyrite, and at times chalcocite, sphalerite and galena. Although the breccia is almost continually mineralized across its width, the intensity of both alteration and sulphide mineralization is variable and the most intense sulphide mineralization usually occurs near the hanging wall contact. In most holes a 10 to 30 metre wide halo of pyritization and sericitization occurs in the granodiorite in the immediate hanging and footwall of the breccia.

Below the 1800 metre level the alteration style changes and becomes more phyllic (quartz-sericite) with much less of the chloritic alteration which dominates in the upper levels. Potassium feldspar and pyrophyllite also occur in varying amounts at these lower levels. In addition, at this depth there appears to be much less of the coarse crystalline quartz crystals and open vuggs, instead the silicification consists of moderate-to-strong pervasive silicification throughout the matrix and fragments of the breccia and as cross-cutting smokey quartz veinlets.

In many of the holes to date an intrusive breccia was intersected either at the hanging or footwall contact of the hydrothermal breccia and in contact with the locally sericitized and pyritized granodiorite. The intrusive breccia has well defined heterolithic fragments in a fine-grained felsic to porphyritic intrusive matrix. Alteration is pervasive throughout both the matrix and the fragments as K-feldspar, sericite, clay, carbonate and minor pyrophyllite. Sulphide content is also much less in the intrusive breccia and occurs as fine disseminated pyrite cubes and irregular shaped specks along with minor traces of chalcopyrite. A general decrease in sulphide content is reflected by the lower assay results returned from several of the intrusive breccia intervals.

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:

The breccia remains completely open to the east, and to the west below the 1700 metre level, and down plunge. Even though to date 14 holes have intersected the breccia, its geometry and structural control(s) are still poorly understood. Typical of hydrothermal breccias, the down plunge extent could be very deep and possibly overlie, or occur adjacent to, a larger porphyry style mineralized system at depth.

During Howe’s recent visit to the core storage facility near Lampa, representative sections through the breccia and granodiorite were reviewed. A total of 10 quarter core samples were collected by Howe which repeat intervals that were recently split and analysed by Medinah. The gold analytical results obtained from the Howe repeat sampling are in the same general range of values of those reported by Medinah, but often upwards of several grams higher or lower. Similarly, silver and copper values at Lipangue were generally in the same range, but at times several grams, or tenths of a percent, higher or lower, respectively. Although this difference can be attributed to a nuggety effect for the gold, the blebby and inconsistent nature of the breccia style mineralization could in effect give quite variable assay results for all of the elements, even from two halves of a split core. During future drill programs, Medinah should consider using a larger diameter core to get a more representative sample.

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. In addition, a full quality assurance program should be adapted by Medinah for all future exploration programs to minimize unavoidable sample assay errors which are introduced by the acts of sample collection, sample preparation and assaying.

Howe recommends that a two phase, results driven program be conducted in order to further assess the large tonnage, bulk mineable, breccia hosted gold-copper-silver potential and to explore for copper porphyry style mineralization over the Lipangue Property. The total approximate cost for Phases I (US$415,000) and II (US$605,000) is US$1,020,000.

1.0 INTRODUCTION

1.1 GENERAL

At the request of Mr. Gregory Chapin, President of Medinah Mining Inc. ("Medinah"), a public New York company (NASDAQ – OTC) with offices located at 148 South Main Street, Lake Elsinore, CA, 92530, U.S.A, Howe Chile Limitada ("Howe"), was retained to review the recent phase of drilling completed between September 1^st and November 30, 2000 over the Lipangue Gold-Copper-Silver Property. The property is located within the Metropolitan Region of Chile, approximately 30 kilometres northwest of Santiago (see Figure 1.1).

1.1 Map of Chile compressed

1.1 Map of Chile full size

The Lipangue Property consists of 12 individual mining claims ("mensuras") which together cover an area of approximately 2,163 hectares. All of the claims are currently held 100% by Medinah, through their wholly owned Chilean subsidiary Medinah Mining Chile ("Medinah – Chile"). Five of the claims having been bought outright or staked directly by Medinah , and the remaining seven claims have recently been acquired by Medinah as part of an option agreement.

1.2 TERMS OF REFERENCE

Howe was retained by Medinah on October 19, 2000 with the terms of reference for this assignment consisting of a summary of the results of the most recent phase of drilling over the Lipangue Property. This report will append the previously completed qualifying geological report ("Geological Report on the Lipangue and Dos Marias Gold-Copper Properties", Robert Cinits, Howe Chile Limitada Report #0029, June 19, 2000) which complies with Canadian reporting guidelines as set out in National Instrument 43-101, covering the mineral potential of the Lipangue and Las Dos Marias Properties. Since no further exploration has been completed over the Dos Marias Property, this newest report only covers the most recent drilling phase of exploration completed over the Lipangue Property and the updated land tenure status. It is Howe’s understanding that this report is required by Medinah in support of a financing with the NASDAQ-OTC Stock Exchange.

Howe Chile is a wholly owned subsidiary of Howe International Consulting Limited and part of the A.C.A Howe International Limited group of companies which offer geological, geophysical, and mining consulting services to the international mining industry, including geological, evaluation and valuation reports on mineral properties. The firm was incorporated in the Province of Ontario, Canada in 1966 and has continuously operated under a "Certificate of Authorization" to practice as Professional Engineers (Ontario) since 1970. The firm’s services are provided through offices in Toronto, Canada, Denver, USA, London, England, and La Serena, Chile. Howe’s La Serena office was opened in 1996. Howe is not an insider, associate or affiliate of Medinah.

The summary geological report on the Lipangue Property was prepared by Robert Cinits, P.Geo. currently acting as the General Manager of Howe Chile Limitada. Mr. Cinits has more than 15 years experience in the mining industry, and has most recently worked on projects in Chile, Peru, Argentina, Brazil, Colombia, Ecuador, Honduras, and Costa Rica. Mr. Cinits has prepared numerous qualifying reports and valuations for various Canadian, American, and British stock exchanges.

1.3 SCOPE, SOURCES OF INFORMATION AND DISCLAIMER

In preparing this report, Howe relied on geological reports and maps, miscellaneous technical papers, published government reports and historical documents listed in the "Selected References" section at the conclusion of this report, public information and Howe’s previous experience on the property. In addition, on December 7^th and 8th, 2000 Mr. Cinits visited Medinah’s core storage facility near Santiago. During this period representative sections of several of the most recent drill holes from the Lipangue Property were reviewed and independent confirmation samples taken. This visit was complimented by background knowledge gained during earlier trips to the property and to Medinah’s core storage facility in Santiago by Mr. Cinits between June 16 and 17, 1999, on July 14, 1999, and on April 7^th and 8^th, 2000 (see Cinits, 2000).

Howe has only reviewed the land tenure in a preliminary fashion and has not independently verified the legal status or ownership of the properties or underlying option agreements.

The results and opinions expressed in this report are based on Howe’s field observations and the geotechnical data listed in the "Sources of Information". While Howe has carefully reviewed all of the information provided by Medinah as listed in the sources of information, and believe they are reliable, Howe has not conducted an in-depth independent investigation to verify its accuracy and completeness.

The results and opinions expressed in this report are conditional upon the aforementioned geological and legal information being current, accurate, and complete as of the date of this report, and that no information has been withheld which would affect the conclusions made herein. Howe reserves the right, but will not be obliged to revise our report and conclusions if additional information becomes known to us subsequent to the date of this report. Howe does not assume responsibility for Medinah’s actions in distributing this report.

During the most recent examination of the Lipangue diamond drill core a number of samples were independently collected by the author and submitted to ITS (Bondar-Clegg) Laboratories in La Serena, Chile. The results of these samples are included in this report.

1.4 UNITS AND CURRENCY

All measurement units used in this report are metric and currency in US dollars unless stated otherwise. The currency used in Chile is the Peso. The exchange rate as of February 12, 2001 is $US 1.00 is equal to approximately 550 Pesos.

2.0 LOCATION, ACCESS AND PROPERTY DESCRIPTION

2.1 LOCATION AND ACCESS

The Lipangue Property is located approximately 30 kilometres northwest of Santiago in the coastal range mountains (see Figures 1.1 and 2.1). The approximate UTM coordinates of the center of the Lipangue Property is 315500 E, 6314000N.

The project area is best accessed from Santiago, the capital city of Chile. From here one drives northwest about 25 kilometres to the town of Lampa. One must then travel north approximately 6 kilometres along a well maintained gravel road (route G-16) which parallels the base of the coast mountains until the Hacienda Mercedes at Chicauma. After entering through a steel gate, with a guard house, on the west side of the road, one drives an additional 6 kilometres along a 4 wheel drive road which rapidly gains elevation up a bumpy gravel and boulder filled open valley to an elevation of approximately 550 metres. At this point the valley abruptly ends and the road continues up a "cuesta" (a series of about 19 switch backs) which climb up a steep slope for approximately 7 kilometres. At the top of the cuesta, the northeast corner of the rolling Alto de Lipangue plateau is reached at an elevation of about 1,950 metres. The eastern edge of the Lipangue property is crossed just a few hundred metres west of the crest of the mountain and the La Fortuna de Lampa Mine (see Figure 2.2).

A second, more southerly access road leaves the "Hacienda Lipangue" south of Lampa on route G-16 and reaches the plateau near the south and western boundary of the Lipangue Property however this road needs upgrading and for the moment all travel must be done along the more northerly route.

A 400 metre long, E-W oriented dirt air strip straddles the eastern boundary of the Lo Amarillo claim of the Lipangue Property (see Figure 2.2). Although it is not maintained, it appears to be in relatively good shape and with minimal care small planes could easily land there now.

The small town of Lampa is able to supply only the most basic needs (food, fuel, hardware, etc.) for very early stages of exploration, and more advanced projects must be serviced from Santiago. Electrical power, sufficient only for local town use currently exists in the village of Lampa, however a major power grid runs just west of the town. Telephone service in Chile is excellent, most of it being connected to a fibre optic network while the cellular network covers most major cities and has reception from most parts of the Lipangue Property.

Deep water ports exists at Valparaiso and San Antonio on the Pacific coast, approximately 65 kilometres northwest and 70 kilometres southeast of the property, respectively (see Figure 2.1).

figure 2.1 compressed

figure 2.1 full size

figure 2.2 compressed

figure 2.2 full size

2.2 PROPERTY DESCRIPTIONS AND CURRENT STATUS

The Lipangue Property consists of a total of 12 contiguous mining claims ("mensuras") covering approximately 2,163 hectares (Note: this total area takes into account the percentage of the Caren 1-80 claim which overlaps with several of the other claims held by Medinah). (see Table 2.1 and Figure 2.2). The property extends roughly 6,000 metres in a north-south direction and 7,000 metres east-west.

Table 2.1: Lipangue Claims

Claim Type	Claim Name	Area (hectares)
Mensura	Lo Amarillo 1-72	288
Mensura	Millalelfun 1-55	275
Mensura	Amparo 1-40	200
Mensura	Gordon 1-60	300
Mensura	Gordon 61-120	300
Mensura	Antonio 1-20	100
Mensura	Antonio 21-40	100
Mensura	Antonio 41-60	100
Mensura	Colihues 1-40	200
Mensura	Consuelo 1-20	100
Mensura	Consuelo 21-40	100
Mensura	Caren 1-80	400
	SUBTOTAL	2,463
	less overlapping area	300
	TOTAL	2,163

The Lipangue Property is currently held 100% by Medinah, through their wholly owned Chilean subsidiary, Sociedad Contractual Minera Medinah Mining, Chile ("Medinah Mining, Chile"). The initial three claims ("mensuras") of the property (Lo Amarillo 1-72, Millalelfun 1-55, Amparo 1-40) were acquired by Medinah through a purchase agreement with the previous owner, Juan Jose Quijano ("Quijano"), which became effective on April 23, 1999. Medinah has purchased a pre-existing royalty commitment from Quijano for preferred shares of Medinah and retains the right to re-purchase 50% of these shares for future financings. Since the date of that agreement Medinah has also staked two additional claims Gordon 1-60 and Gordon 61-120 which are now in the mensura stage and are held 100% by Medinah.

The seven newly added claims include: Colihues 1-40, Antonio 1-20, Antonio 21-40, Antonio 41-60, Consuelo 1-20 Consuelo 21-40, and Caren 1-80. All were acquired from two separate private Chilean groups under a 2-year option agreement signed in November 2000. Under the terms of the agreement Medinah has the option to earn 100% undivided interest in the 7 claims by issuing US$1 million in Medinah shares to the vendor upon signing and an additional US $1.5 million in Medinah shares at the completion of the 2 year option period (based on Medinah share price at the time the Option is exercised).

3.0 GEOLOGICAL SETTING

The regional geological setting has been previously documented in Cinits, 2000

4.0 HISTORY AND PREVIOUS EXPLORATION WORK

The history and previous work on the Lipangue Property has been previously documented in Cinits, 2000

4.1 MEDINAH EXPLORATION PROGRAMS - LIPANGUE

A detailed description of the first four phases of exploration at Lipangue by Medinah can be found in Cinits, 2000

4.1.1 PHASE V EXPLORATION- LIPANGUE

The fifth and most recent phase of exploration at Lipangue was completed by Medinah between August 16^th and November 30, 2000 and consisted of: the rehabilitation of the access road, drill platform construction, 6 diamond drill holes, and a thin section study. Similar to the earlier programs, the program was coordinated by, and all work was completed by House. The details of the exploration program are summarized below.

figure 4.1 – Geology and Drill Holes compressed

figure 4.1 - Geology and Drill Holes full size

A total of approximately 2,304 metres of diamond drilling was completed in 6 drill holes which ranged in depth between approximately 325 and 427 metres (see figure 4.1 and Table 4.1). All drilling was completed by PerfoAndes S.A. from Chile using a Boyles 56 drill rig and holes were collared at –70º, oriented north (Note: five of the six holes were pre-collared by a percussion drill rig which triconed down to depths ranging between 68 and 100 metres through the relatively barren granodiorite host rock at which point the drilling method was switched to NQ diameter diamond drilling for the remainder of the hole. None of the final collar coordinates were surveyed and down hole deviation tests (acid dip tests) were only completed at the end of holes L00-16 and 18 which showed "corrected" dip angles of –67.5º and -76º, respectively. At the end of each hole, PVC tubing was left in the collar and a cement block placed around it as a permanent marker. Based on the core recovery logs and the portions of the holes reviewed by Howe, the core recovery generally appeared very good. All diamond drill logs prepared by Medinah are included in House 2001 in Appendix I.

A total of 528 half core samples, each 1 metre in length were taken from mineralized sections of the core using a "hammer and wheel" style core splitter; samples were collected by a trained assistant, but under the supervision of House; once labeled and bagged the samples were under the control of House at all times, until a shipment was ready (50 to 100 samples) and then these were taken directly by House to the laboratory for analysis. The remaining unsplit and halved core is currently stored in a secure locked storage facility near Lampa. All samples were analysed at ACME Analytical Laboratories S.A. ("ACME") in Santiago for gold by 30 gram fire assay

and copper by AAS. The pulps were then shipped directly by ACME to their associated laboratory in Vancouver, Canada where they were further analysed for 30 elements by ICP method. As part of their in-house quality assurance program, ACME reported the results of their own blank, standard, and duplicate samples on the assay certificates (a full list of the ACME assay certificates were included as Appendix III in House 2001, and therefore have not been reproduced by Howe. Approximate general ranges of the gold, silver, and copper values returned from the recent drilling program is shown on Table 4.2 and the significant drilling weighted averages are shown on Table 4.3.

Drill Hole

Approx. Elevation (m)

Approximate UTM Location of Collars

Azimuth

Dip

Depth (m)

Samples Numbers (total #)

Easting

Northing

L00-13

1975

315125

6313823.5

360º

-70º

339.20

407001-407120 (120)

L00-14

1970

315175

6313770

360º

-70º

419.15

407121-407254 (134)

L00-15

1975

315125

6313770

360º

-70º

401.65

407255-407368
(114)

L00-16

1978

315075

6313770

360º

-70º

426.60

407369-407461 (93)

L00-17

1970

315175

6313720

360º

-70º

324.50

None

L00-18

1980

315175

6313820

360º

-70º

393.00

407462-407500,
and
349500-349527
(67)

TOTAL

528 samples

Sample Location in Drill Hole

Gold (g/t)

Silver (g/t)

Copper (%)

Total Range of Values

0.01-26.24

0.10-58.8

0.001-4.28

Approximate Average Range of Values in "Low Grade Breccia"

0.10-0.50

1.00-5.00

0.05-0.25

Approximate Average Range of Values in "High Grade Breccia"

0.50-1.50

5.00-15.00

0.30-0.80

Approximate Average Range of Values in Granodiorite

0.01-0.10

0.30-1.0

0.001-0.06