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Mineral Enterprise Corporation Investor Presentation

Mineral Enterprise Corporation Investor Presentation. MINENCO. Forward Looking Statements.

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Mineral Enterprise Corporation Investor Presentation

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  1. Mineral Enterprise Corporation Investor Presentation MINENCO

  2. Forward Looking Statements This presentation contains forward-looking statements which reflect the current expectations of management regarding future growth, results of operations, performance and business prospects and opportunities. Wherever possible, words such as “may”, “would”, “could”, “will”, “anticipate”, “believe”, “plan”, “expect”, “intend”, “estimate”, “aim”, “endeavour” and similar expressions have been used to identify these forward-looking statements. These statements reflect management’s current beliefs with respect to future events and are based on information currently available to the Company. Forward-looking statements involve significant known and unknown risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking. Should one or more risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements contained in this presentation. These factors should be considered carefully and prospective investors should not place undue reliance on these forward-looking statements. Although the forward-looking statements contained in this presentation are based upon what management currently believes to be reasonable assumptions, prospective investors cannot be assured that actual results, performance or achievements will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this presentation and will not be updated or revised except as may be required by applicable securities law.

  3. Primary uses for kaolin in the paper industry 62% • Coating • Filling Kaolin Market Facts • One of the most common industrial minerals • Produced in 60 countries • Primarily used in the paper industry 7% 5% 5% 3% Also used in pharmaceuticals, bricks, ceramics, cosmetics Source: Mining Engineer Vol. 61 #6 June 2009 Based on US Kaolin Sales

  4. Consumption increase from 2003-2007 Market Drivers 8% Average office worker uses2.5 lbs of paper per week Demand growth greater than population growth US consumption for kaolin is over 44 lbs per person per annum

  5. Worldwide Kaolin Production 26M tonnes annual world wideproduction 29% 13% 10% 7% • 92% of US production comes from Georgia • Produced in 8 other US states 4% 5 2007

  6. The Opportunity Supplying paper grade kaolin to the Upper Great Lakes region The Upper Great Lakes paper mills require in excess of 1M tonnes of kaolin per year 6

  7. Our Advantage • Access to an established market • 22 paper mills in Upper Great Lakes region • Lower transportation costs Minnesota River Valley 2. High quality kaolin • Better colour and printability • 3. Mining friendly • Local community support through Coalition for Kaolin

  8. indicated resources with cut-off grade of 87 GEB brightness Current Assets 0M 1 • 838 acres • 6 pre-production leases • 3 near surface targets • 185 core drill holes • 8 bulk samples tonnes • Improved runability • Better sheet gloss • Improved printability • Easier calendering surface Tests at the University of Maine

  9. Optimized and Efficient Operations Open Pit Mine Degrit Pump Slurry to Plant Fine Sizing Brightness Treatment Delamination Slurry Conditioning Slurry Conditioning Tanker Transport Tanker Transport 9

  10. Project Development Timeline

  11. $11 million Use of Proceeds $2.2M $4.1M $4.7M Year 1 Year 2 Year 3 11

  12. Management • Dr. Kenneth Reid • President & Chief Executive Officer Dr. Milt Childers Consulting Geologist • Edward Chapin, Jr. • Chief Financial Officer D. Quentin Smith Chief Operating Officer

  13. Value Proposition • Transportation Advantage • High Quality Assets • Simple Extraction Process • Established and growing market 13

  14. Mineral Enterprise Corporation Investor Presentation MINENCO

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