Medinah Minerals, Inc. July 24, 2012 Confirms Purchase Land Agreement By Amarant Mining Ltd.

July 24, 2012 - PRLog -- Dear Shareholders:

Certain restrictions contained in the original Non-Disclosure Agreement between Medinah Minerals (Chile) S.A. and the purchasers of the Company’s Altos de Lipangue group of claims, Amarant Mining Ltd., and Associates, have been lifted.

Amarant Mining Ltd. and Associates have disclosed, in their News Release posting on Thursday, July 19, 2012, that they have purchased 85% of the Altos de Lipangue group of claims near Santiago, Chile. This information was publicly released by Amarant Mining Ltd. and Associates due to mandatory disclosure requirements of related parties.

Allowable details of the terms of purchase and sales price of the 1508 Altos de Lipangue properties had been released by Medinah Minerals (Chile) S.A. in our July 17, 2012 Shareholder Update. Medinah Minerals, Inc. can now confirm that Amarant Mining, Ltd. and Associates are our new partners. Further, that they have now finalized their funding issues in order to begin funding aspects agreed to in the original Purchase Contract among parties.

Management of Medinah Minerals, Inc. is pleased to inform our shareholders that our Company Attorney has received formal notice that the Company achieved another elevation upgrade in the Company’s listing status on the OTC Pinks. In keeping with our ultimate goal to progress toward fully reporting status, Medinah Minerals, Inc. has now been upgraded to an “Alternative Reporting Standard”. These steps were pursued in order to progress to our final intention of becoming a fully reporting OTC company.

All of the filings required to meet our New Reporting Standard were submitted last month, deemed to be complete, up to date, and were approved by OTC Markets staff.

Juan Jos Quijano Fernndez
President/CEO

http://www.medinah-minerals.com/shareholder_current.html

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I review new mining projects and announcements as they appear over various news, and public information sources. An Unofficial public forum with background and other project(s) information and news for MDMN Medinah Minerals N.A. Inc. can be found at http://Theminingplay.com

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Senior Editor, International Gold Mining Projects – Reviews

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About Amarant Mining Limited:

Amarant is a diversified base metals development and mining company with current operations in US, Canada and Chile, producing Gold and Platinum. Amarant has developed a strategy to take assets public as they complete development stage and prepare for production and has applied its strategic development process to the creation of Project Nugget.

Amarant is the largest share holder of Project Nugget.

Nugget will utilize Amarants mining capabilities, resources and further develop the Alluvial Mining assets with a game changing and environmentally-friendly placer technology with production costs far lower than existing technologies.

With the new technology, recovery increases to 90+% from 20% – 40% using less water and no toxic chemicals.

Nugget holds the exclusive rights to the patented placer mining technology, the AuVert Recovery System.

More information about Amarant Mining Limited can be found at:

Amarantmining.com/news.html

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.