Shareholder Update - June 6, 2012

SHAREHOLDER UPDATE

June 6, 2012

Dear Shareholders:

Compañia Minera LDM Chile has reported to Medinah Minerals, Inc. that mining is continuing on the Las dos Marias property with the new production adit approaching the first target area – DDH 99-01 and onward toward the high-grade sections encountered in DDH 99-02 (up to 100g/t gold over 2 meters).

During the initiation of the work program, a heavily mineralized 2-meter wide vein identified as a skarn, or possibly a mantos structure was discovered.  The first assays, taken by the Company’s Geologist across the initial sections of this new vein, have now been received.  These first samples delivered significant results from the discovery zone at and near surface in heavily oxidized material.  Samples taken from inside the tunnel in competent un-oxidized vein material will arrive sequentially as they were taken following progress of the tunnel into the mountain.  

The assay values returned range from a low of 2.9 grams of gold per tonne  to a high of 12.7 grams of gold per tonne; copper assays ranged from 0.26% to 2.1% with silver averaging 11 grams per tonne to 66 grams per tonne.  All of these surface assays are commercial grade and the ore is being held for processing with shipment to Enami refinery anticipated in the near future.

Significant mineralization is evident continuously along the adit (see pictures previously posted) and the tunnel itself is contained fully within the mineralized zone.  Sampling of the progress into the mountain and towards the target diamond drill holes will continue and be reported to Management by the Geologist.  In addition to the increased sampling and assay work, the mining plans have been significantly expanded from the original design as a result of this new discovery zone.  We expect to report a much increased mining operation as soon as the Mining engineer and Geologist conclude their studies and analysis of sampling data.

Larry Regis

Secretary/Treasurer

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.