SHAREHOLDER UPDATE
December 20, 2007

Dear Shareholders:

The Management of Medinah Minerals, Inc. reports that Company CEO, Les Price, recently traveled during the first week of December to handle business matters relative to Medinah holdings in Chile. Les Price, along with Company Legal Counsel, entertained an intensive series of meetings and negotiations that were set up by Company President, Juan José Quijano Fernández. Also in attendance were various Geologists, Mining Engineers, Lawyers and various Company representatives of each of the organizations contemplating the finalization of a Joint Venture Agreement with Medinah Minerals, Inc. A series of negotiations were undertaken to complete the necessary legal authority for the Officers of Medinah Minerals (Chile) to memorialize a Joint Venture Agreement with a designated party.

On December 5, 2007, the Board of Directors passed the following Resolution: Resolved: The Board of Directors of Medinah Minerals, Inc. concurs with the finalization of a Joint Venture Agreement as to the Alto de Lipangue and associated properties with the designated groups and authorizes President Juan Jose Quijano Fernandez, on behalf of Medinah Minerals, Inc., to formalize the Agreement.

During this negotiation period, Company Management progressed through a list of terms and conditions requisite to finalizing a Joint Venture/Purchase Agreement with major partners on the Company’s Alto de Lipangue project. Several issues required Company Management’s input to bring the contracts to a final stage. Mandates were placed that Medinah Minerals (Chile) acquire outstanding claims, not currently held but associated with the Alto de Lipange holdings, and clear all final encumbrances. Each of these matters was completed to the satisfaction of the Joint Venture partners. Management is still bound by Non-Disclosure Agreements that are in place applicable to these negotiations and therefore Management cannot divulge any new information. However, we are now at the stage where unless something unforeseen occurs among the parties, there will be no further changes made and no untoward time delays in completing an Agreement and releasing the details publicly.

Rest assured that the instant that a Joint Venture Agreement is signed, the information will be disseminated immediately to shareholders.