Source:  Trendfield Holdings Ltd.                         Date: 17 March, 2011

THL Mongolia Ltd. purchased 70% of KMNG LLC holdings in March 2010. KMNG is based in Ulaanbaatar and owns 3 exploration licenses -- 13602X, 13603X and 13408X -- in the South Gobi Province at the southern border of Mongolia, in the territories of Khanboulag, Khanbogd, Sayshand and Dalanazadgad. The cumulative area of the licenses is 1935.5 sq. km.

Based on geological, structural, and alteration mapping combined with assay results of grab samples THL believes License 13602X has the potential to be a world-class epithermal polymetallic deposit. A 3.5-km long and 700-m wide zone has been clearly defined to contain high grade silver-lead, arsenic, stibnite and moderate grade gold, copper and zinc in grab samples. THL Mongolia is a fully owned subsidiary of Trendfield Holdings, a private mining exploration company with offices in Beijing, Hong Kong, Niamey and Ulaanbaatar.