BitMine Immersion Technologies Inc. (BMNR)

[Hilander]

Reply on behalf of the board of directors:

I received a response from my e-mail that was sent to the company last Friday, August 8, 2008. It is as follows.

From: [e-mail]
Subject: CRPN - Any News or Updates for a private investor?
Date: August 12, 2008 8:20:11 AM HST

Dear Sir,

Thank you very much for your continued interest in Critical Point Resources, Inc.

As outlined in our recent News release, the company has recently entered into an Option – Joint Venture Agreement. This agreement covers more than 24,000 acres of mining claims, State Leases and private property in the20Uravan Mining District of the “Four Corners” area of Utah, Colorado and New Mexico. The properties contain more than 30+ mines that have a significant production record of Uranium and Vanadium ores.

The existing mine workings and drilling records indicate a substantial reserve of Uranium and Vanadium. The exploration and development potential for establishing new reserves is excellent.

The Agreement provides that Critical Point Resources may earn up to 50% interest in the venture, with an option to acquire additional interests.

About Critical Point Resources, Inc. -- The Company primarily engages in the exploration, acquisition and development of Uranium and Vanadium properties in the Western United States of America.
Critical Point Resources, Inc. has identified several project properties as potential and current acquisitions within the Uravan mineral belt: The Company's Management and Consulting Team have a strong exploration background -- from discovery through to mine development -- mining and milling.
The company as well holds a ten percent (10%) interest in an oil and gas well in Lee Country, Texas. Based upon production reports for the well and current oil and gas prices at t he well head, management estimates that the Company has accrued yet to be realized on going income.
The Uravan Area. -- The Uravan mineral belt is the oldest uranium mining area in the United States and is historically the most productive uranium and vanadium region in Colorado. The Uravan belt has about 1,200 historic mines that produced over 63 million pounds of uranium and 330 million pounds of vanadium from 1948 to 1978.
Uranium had its last boom in the 1970's when the price peaked at over $40 per pound in 1979. Uranium entered into a long bear market with the price falling all the way to $7.10 in Dec. 2000. Since then the price has advanced upward with most analysts predicting much higher prices in the next few years.
Weekly Spot Ux U3O8 Price as of July 28, 2008 US$ = U3O8 Price (lb) $64.50
Please note that the current filings of company may be viewed online at the following web address:

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=CRPN

Again thank for your continued interest.

On behalf of the board of directors of,

Critical Point Resources, Inc.


As per the information above, much of it can be found in the following news release dated 7-30-08.

News Source - Pub Date Headline
Jul 30, 2008 Critical Point Resources, Inc. Announces Joint Venture Agreement Option
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=CRPN



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