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AUSTRALIA

Oxiana-Minotaur Alliance

Oxiana and Minotaur Exploration Limited entered an exploration Alliance to explore for copper-gold deposits throughout various geological domains in South Australia and other states. The Alliance covers grass-roots project generation and exploration under a joint funding arrangement and from which identified prospects are offered to Oxiana for sole funding and further earn-in

Oxiana may earn from 51% up to 75% by sole funding between A$1million to A$5million of exploration expenditure or further funding all expenditure obligations through to a decision to mine.

For further information on Minotaur Exploration, please visit: www.minotaurexploration.com.au