Medinah Minerals Shareholder Letter
May 16,2005

Dear Shareholders:

This progress report of the Medinah Directors is to update the shareholders of the Company since the Annual General Meeting of May 17, 2004.

Those individuals who attended the Annual General Meeting or updated themselves by watching the video presentation and/or reading the various reports will know that the shareholders firmly assumed direction for the company and assigned Management and Directors specific tasks to resolve outstanding issues. The matters in question involved streamlining the company by reducing overhead, settle outstanding debts with the company's creditors, and most importantly, deal with the company's properties in a way that most benefits the shareholders and the company. During meetings conducted in the country of Chile, agreements were negotiated and finalized with the majority of the major creditors that protected the company’s assets and allowed the Board and Management to move forward with the shareholders directive to attract major joint venture participants.

Company President, Juan José Quijano, has remedied several key issues that precluded participation from major investors in the past including road access to the north, road access and surface rights to the south, and an exhaustive review of the unpaid land taxes that had placed the claims in jeopardy. We are pleased to report that all of these issues have been satisfactorily resolved and the company has been able to present proper secure title documents to potential participants.

Company President, Juan José Quijano, has conducted extensive negotiations with several major mining companies regarding an agreement that will provide Medinah with a significant cash infusion, and ensure future work programs to enhance the reserves of copper, gold and molybdenum. As these are sensitive negotiations, subject to formal non-disclosure agreements, information that can be reported is limited at this time. The full details of a finalized agreement will be released to the shareholders forthwith upon conclusion.

Management and the Board of Directors previously reported that revised agreements with Juan José Quijano gave Medinah additional properties known as the Concordia Group that contain significant deposits of copper and molybdenum. These properties were given to us by Juan José Quijano to assist the Company and its shareholders in counteracting the litany of disruptive and untimely issues that have plagued us all for some time. The latest on the Concordia properties is that a significant mining company entity has expressed interest in acquiring these claims from the Company and negotiations are currently underway.

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.

May 16, 2005