Magnus Minerals Worldwide

PROPERITES

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MAGNUS INTERNATIONAL RESOURCES

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Magnus International Resources specializes in identifying, acquiring and developing precious and base metal properties. Magnus is currently focused on potential gold projects in Africa and China. In Uganda, the Company has a 100% interest in four gold projects - Lugazi, Mubende, Mwerusandu and Mitoma - and exclusive options to acquire a 60% interest in a fifth gold property, Mashonga, and an 80% interest in a sixth gold property, Ibanda. Magnus retains a 90 percent interest in the Huidong Sino-foreign joint venture exploration projects in China.

LATEST NEWS RELEASES

2008.06.04
Magnus International Resources Signs Agreement to Sell its Huidong Property Interest for US $3 million and Retains a 3% NSR

2008.05.05
Magnus International Resources signs Earn-In Agreement on Ibanda gold exploration property in Uganda

2008.02.28
Magnus International Resources completes the first 2,037m phase of drilling at the Lugazi Project in Uganda

2008.02.11
Magnus International Resources has commenced 5,000 meter drilling program in Uganda

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AFRICA

MAGNUS' PROJECTS ARE LOCATED IN GEOLOGICALLY FAVOURABLE TERRAINS: Along extensions of trends which link major gold deposits in Tanzania (Geita 11m oz and Bulyanhulu 16m oz) and the DRC (Twangiza +5m oz) | Similar geological setting to gold deposits in the DRC and base metal deposits in Tanzania – hosted by the Kibaran metallogenic belt.

Magnus is further expanding its portfolio in Uganda by generating and acquiring exploration projects as well as through JV | Uganda has seen very little exploration using modern techniques – comparisons have been drawn to Tanzania in the early 1990s | Uganda shows indications of hosting significant world-class deposits similar to those of neighbouring Tanzania and DRC | Uganda has fostered a mining-friendly environment – modern and transparent mining code, tax incentives, growing economy and stable government | Magnus has assembled a strong team with over 35 years of African exploration experience to take advantage of exploration opportunities.

UGANDA PROJECTS

Magnus has commenced a 5,000m RC drilling program.

MASHONGA (60% EARN-IN) (460 SQ KM) | Polymetallic gold, silver and PGE mineralization hosted by early-Proterozoic schists and granites. Drill program will test a high-grade shear zone at depth below the Mashonga mine and a 3km by 500m gold-in soil anomaly. Grab samples assaying at 58.8g/t gold, 4.15g/t platinum and 3.68g/t palladium.

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LUGAZI (100%-OWNED) (1,620 SQ KM) | The Lugazi drill program is complete with 31 drill holes totaling 2,037m. Drilling tested a strong 3.5km by 300m wide gold-in-soil and magnetic anomaly, hosted by early-Proterozoic metasediments.

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MWERUSANDU (100%-OWNED) (205 SQ KM) | Drilling will test a high grade trench intersection (20.4 g/t gold over 3.5m) and a 1km long gold soil anomaly at the contact between mid-Proterozoic metasediments and arena granite | Exploration is ongoing at Magnus’ two other 100%-owned projects at Mitoma (438 sq km) and Mubende (851 sq km).