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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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Strategy 
 

Dominion Minerals Corp. currently trades on the OTCBB under the ticker symbol DMNM.  The company's primary strategy is to advance the exploration and development of its Cerro Chorcha copper project in Panama, while maintaining its joint venture interest in the TIGMR joint venture in China. 

Cerro Chorcha, the Panamanian asset, sits atop the "other copper belt" in the Americas.  Panama is mining-friendly with a wealth of natural resources, a stable government, an educated workforce and is uniquely situated for shipping both East and West.  Mining interests currently represents only 1% of the country's GDP.

The updated NI 43-101 for Cerro Chorcha, which was published in September 2008, confirms a high grade zone in the northeastern portion of the deposit with 37.3million tonnes of ore at 0.93% Cu, 0.16 g/t Au and 3.11 g/t Ag.  The cut-off grade used was 0.65%. The mineralization is open both at depth and on strike.  A measured and indicated resource model on this zone is expected late in 2009.  Management intends to fast track the high grade zone into production to provide for the Company's future cash flow needs as it continues to drill out this 242 km2 property.

Dominion has also been proactive during the past few years in building its relationship with the Ngöbé (the indigenous population) and has an agreement in place with the Ngöbé.  Both Cerro Chorcha and Cerro Colorado, the largest copper deposit in Panama, fall within their area of entitlement.

During 2008 both the Company's management team and Board of Directors were strengthened. Management saw the addition of Jim Gorman as Chief Operating Officer and David Cadwell as Chief Geologist.  Mr. Gorman has spent his career developing large scale copper projects and Mr. Cadwell has over 40 years of exploration experience, much of it in Latin America.  Both have relocated to Panama to expedite the progress of Cerro Chorcha.  The Board of Directors has been strengthened with the additions of Chaim Lebovits, who is also President of the Company and brings experience working in the natural resource sector within the emerging market space, Danny Ayalon, former Israeli Ambassador to the U.S. and Deputy Chief of Mission in Panama and Grant Ewing, President and CEO of Staccato Gold Resources.

The combination of an exciting asset and a strengthened management team will propel Dominion Minerals into the forefront of junior mining companies with Latin American exposure.

 

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