GobiMin Inc.



Joint Ventures in Xinjiang and Explorations
GobiMin currently owns equity interests in four exploration joint ventures in Xinjiang, China for nickel, copper, gold, lead and zinc. GobiMin has been exploring several copper projects which show good indications of copper mineralization. Some exploration licenses will be relinquished by not applying for renewal or in negotiation of selling to third parties due to not having good prospect. The projects are at early exploration stage while some of them had undergone reconnaissance-prospecting or reconnaissance explorations.