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MBMI Resources Inc. is a Canadian-based mining company focused on the exploration and development of nickel mineral properties in the Philippines. MBMI and its partners control nine nickel laterite projects in the Philippines, covering an area greater than 22,000 hectares. MBMI's objective is to become a major supplier of high-grade nickel material to primary industrial consumers in Asia.The Company's Philippine partners were granted Small Scale Mining Operating permits for the Alpha nickel property in Narra, Philippines which have enabled the evaluation, extraction, testing, and sales of nickel raw materials to Asian industrial consumersIn June of 2010 MBMI Resources Inc. Company announced the approval of a consolidated Financial and Technical Assistance Agreement (FTAA) with the Philippine Government which allows large-scale exploration, development and utilization of minerals on the four (4) properties on Palawan, Philippines.Adnet Communications Inc.

MDN set its compass for East Africa in search of gold. MDN company's most prominent operation is the Tulawaka gold project (a joint venture with a subsidiary of mining giant Barrick Gold) in Tanzania. It also has licenses for properties adjacent to the Tulawaka project. The Tulawaka mine began production in 2005 and has produced about 450,000 ounces since then. In addition, MDN -- formerly called Northern Mining Explorations and which derives its current name from its French name, Explorations Minieres du Nord -- is investing in exploration projects in Quebec, where MDN company was formed.

Medallion Resources is looking for gold and rare earth metals to hang around its neck. Medallion Resources company acquires, evaluates, explores, and develops promising mineral-resource projects in North America. The Ocelot Gold Project, jointly owned with Allied Nevada Gold, is located alongside the Shoshone Mountains in Nevada. In addition, Medallion Resources holds the mineral rights to the Lodi Hills property in Nevada and the Amazing Grace project in British Columbia. Medallion Resources company continues to evaluate and negotiate for additional projects in those same general regions.

Mediterranean Resources Ltd (TSX -- MNR) is developing four projects located along the 12 kilometre Yusufeli Property in northeastern Turkey. Current NI 43-101 compliant resource estimates for the Tac and Corak projects, 8 km apart, total 1.58 million ounces gold Indicated and 0.29 million ounces Inferred. These estimates, completed in April 2009 by SRK Consulting are constrained within Whittle pit shells, providing a materially enhanced level of confidence in the economic potential of the Yusufeli Property. The new resource estimates demonstrate that both Corak and Tac are amenable to open-pit mining with a reasonable assumption of economic viability.To date, less than 20% of the 100 square kilometre Yusufeli Property has received drill exploration, and several targets remain to be addressed. In December 2008 MNR announced initial drilling results from the Celtik project area, located at the eastern end of the Yusufeli Trend. Assays from three holes confirmed a significant new discovery at Celtik, with multiple intercepts from surface to 314 metres. An intercept of 18.4 metres assayed 6.51 g/t gold and 0.9% copper.MNR acquired the Corak and Tac properties from Teck in 2005, and currently controls these core areas under a mining license. Acquisition of contiguous areas has been conducted by obtaining new exploration licenses. The properties are well serviced by roads, water and access to power, providing for highly cost-effective exploration. To date, exploration costs have averaged less than $8 per ounce. As well, Turkey's modernized mining code and permitting process provide attractive incentives to exploration ventures, including rebates on expenditures.MNR's plans for 2009 include 6,000 metres of diamond core drilling to an average depth of 300 metres at Corak and Tac to upgrade and expand resources within the new pit shell modeling, and a drill program to follow up on the significant new discovery at Celtik.

Medoro Resources Ltd. is a gold exploration, development and mining company with a primary emphasis on Colombia. Medoro owns most of the prolific Marmato gold district and the producing Mineros Nacionales underground gold mine located in Zona Baja at Marmato. The Company is conducting an exploration and infill drilling program at its Marmato Project to expand and upgrade its already substantial gold resources there as the basis for its plan to develop a large open pit gold mine to realize the large potential of the Marmato Project. The Company’s Marmato Project currently hosts measured and indicated gold resources of approximately 7.5 million ounces, and an inferred resource of approximately 2.2 million ounces.In March 2010, Medoro signed a binding agreement to acquire all of the assets of Frontino Gold Mines Limited. Frontino and Marmato are considered to be the two most historically important gold producing districts in Colombia. Frontino has been in production for approximately 155 years, during which time it has produced over 4.5 million ounces of gold. In June 2010, the Company announced that its preliminary due diligence investigations in respect of the asset purchase agreement to acquire the assets of Frontino Gold Mines Ltd. had been positive and that the Company’s Board of Directors had resolved to proceed with the acquisition. The Company also announced that it had amended its agreement with Gran Colombia Gold S.A., its joint venture partner in respect of the proposed Frontino asset acquisition, whereby Medoro will retain a 5% carried interest in Frontino Gold Mines Ltd. (when acquired by Gran Colombia) and a right for one year from the closing of the acquisition to increase its interest in Frontino to 50%. This acquisition is scheduled to close two weeks from the end of July 2010, subject to certain conditions, including legal and technical due diligence and requisite regulatory approvals.

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