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WHAT'S NEW

June 2, 2009
Dominion Minerals Chairman’s Letter to Shareholders
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April 20, 2009
DOMINION PURCHASES 100% OF CERRO CHORCHA COPPER PROJECT FROM BELLHAVEN
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Summary 
 

Cerro Chorcha Copper Project, Panama

  • On April 14, 2009, Dominion acquired 100% interest in Cuprum Resources Corp and the Cerro Chorcha Copper Project in Panama.  
  • Cerro Chorcha is Panama's third largest known copper deposit encompassing 242km2 and is located 40 kilometers from the Cerro Colorado Deposit.
  • The September 2008 NI 43-101 reports indicated and inferred resource of 2.4bn lbs Cu Equivalent1: c. 200mt @ 0.49% Cu, 0.07 g/t Au and 1.78 g/t Ag.  Tonnage increased by 50% from the 2006 NI 43-101 resource estimates.
  • Large high grade zone confirmed which can be "fast tracked" into production to provide cash flow while the remainder of the concession is drilled out. Mineralization is open at depth and on-strike.
  • Current drilling program is focused on further delineation of depth of high grade zone.
  • Resource upgraded to Indicated category for 60% of mineralization
  • Pre-Feasibility slated to begin by Q3 2009.
  • Signed exploration agreement with the local indigenous peoples.
  • Much of the infrastructure already in place.  Property is 40km from deep water port at David, Panama's third largest city.
  • Between 1969 and 2006, at least $5.3 million had been spent on the exploration and development of the Cerro Chorcha Project including 7,036 meters of drilling in 35 holes.

 

China - TIGMR Joint Venture

  • Dominion has a comprehensive Joint Venture Agreement with the Tianjin Institute of Geology and Mineral Resources ("TIGMR"), one of the most prestigious and largest government run geological institutes in China. Dominion can earn a 70% interest in the joint venture company which will include projects in Inner Mongolia and the Xinjiang autonomous regions as well as potentially world-class copper-gold targets in the Tien Shan Belt.
  • The Tien Shan mineral belt hosts the Muruntau,  Kumtor and Oyu Tolgoi deposits.
  • Dominion has also signed a Joint Venture Agreement with Diying (Tianjin) Mining Science and Technology Development Co., Ltd. ("Diying"), a 100% wholly-owned subsidiary of TIGMR, to jointly explore mineral properties solely and/or jointly held by TIGMR as well as newly identified mineral zones.
  • Dominion will be initially focusing on four key copper/gold targets with potential.
  • Tianjin is currently reviewing four designated highly prospective properties in Inner Mongolia and Xinjiang autonomous regions currently being worked on by TIGMR.
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