Ann: Response to ASX Appendix 5B Letter-BDI.AX, page-7

The Silver will be the icing on the cake in the future too. If the gold /silver ratio gets back to historic levels
of around 30:1 it could go well over $50 next time. (didn't paste very good)

El Columpio • LOI signed with total purchase price of US$300,000 over 3 years for 100% equity (Blina earning up to 50%) • Concession in exploitation stage – fully permitted to drill • Sampling results include: • 1m @ 26.13g/t Au & 559g/t Ag (Adit) • 1.8m @ 8.49g/t Au & 97.7g/t Ag (Adit) • 90m @ 5.226g/t Au & 220g/t Ag (Soil line) • 50m @ 3.175g/t Au (Soil line) • 140m @ 0.687g/t Au (Soil line) • 6.39g/t Au & 1,682g/t Ag (Outcrop) • 12.31g/t Au & 130g/t Ag (Soil) • 8.23g/t Au & 491g/t Ag (Soil) El Columpio adit vein 1m @ 26.13g/t Au & 559g/t Ag Page 7 El Columpio adit rock chip sample El Columpio adit rock chip sample Rock chip (red labels) and soil auger sampling (green & blue labels) assays Santa Rita Prospect Blina Minerals NL- Investor Presentation www.blinaminerals.com.au Santa Rita (BDI earning up to 50%) • Santa Rita prospect is a high-grade Au-Ag sheeted-vein epithermal system • ~2,100 stream sediment and soil samples were taken with a soil geochemistry anomaly covering a 1.2km by 0.5km area. Surface sampling results include: • 110m @ 1.1 g/t Au (10m spaced soil line) • 60m @ 2.07 g/t Au (10m spaced soil line) • 40m @ 1.7 g/t Au (10m spaced soil line) • 16.9g/t Au (Outcrop) • 15.1g/t Au (Outcrop) • 49.93 g/t Au (Soil sample) • Several mines were mapped with adit sampling restricted to remnant veins as the thicker veins are mined first. Adit sampling results include: • 1.6m @ 17.2g/t Au • 0.6m @ 65.3g/t Au • 0.7m @ 27.7g/t Au & 26.9g/t Ag • 0.6m @ 51.5g/t Au • 0.6m @ 44.1g/t Au & 11.9g/t Ag • 0.6m @ 25.4g/t Au • 0.3m @ 61.5g/t Au & 86.4g/t Ag