Medinah Minerals (MDMN)

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http://www.medinah-minerals.com/Q_A_020111.html

MEDINAH MINERALS Question & Answers
February 1, 2011

Question & Answer postings are compiled from time to time, as an information source as to company actions and/or activities. Q&A posts will continue in the post-Joint Venture Agreement phase concerning Company activities, to provide ongoing information for the benefit of Medinah Minerals shareholders.

Q: I guess I don't need to tell you that investor confidence is slipping. I'm no expert but I do know one thing when it comes to business, if you don't communicate with people then frustration grows negatively. In plain English...It's time to put out some form of update as to the status of the money transfer.

A: Management continues to work “on a daily basis” with the Joint Venture partners to finalize the initial transfer of funds. Required answers have been documented and provided to the various Governmental and Banking authorities and the formal process is proceeding. We are monitoring developments and look forward to being able to finally report the resolution of transfer issues. Upon notification that the funding is confirmed, and received, we will immediately report same to the shareholder body.

All terms and conditions, pursuant to the signed contract among parties, remain unchanged.





Juan José Quijano Fernández
President/CEO

Note: This News Release may contain certain “forward-looking statements” within the meaning of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Medinah Minerals, Inc. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed under the heading “Risk Factors” and elsewhere in documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities.

** Medinah Minerals, Inc. wishes to advise that this is our official Web Site. Medinah Minerals is not responsible for the presentation of any Company information made available on any other site.