Fortbridge Media Release

Minotaur Exploration Limited [MEP] - Quarterly Report Ending 30 Sep 2014

CORPORATE
� Cash at end of Quarter was $3.95 million. � A Share Purchase Plan and subsequent placement
raised approximately $4 million in October.
� A conditional sale agreement was executed for the Lake Purdilla gypsum asset placing a commercial value of $4.8 million on the undeveloped deposit.

EXPLORATION
� A significant discovery, the polymetallic Cu-Au- Zn-Ag Artemis Prospect, emanated from the Company�s intensive exploration efforts at the Eloise Copper JV near Cloncurry, Queensland.
� An accelerated workplan and budget to advance the Artemis discovery was approved with joint venture partner Golden Fields Resources Pty Ltd.
� An increased budget and workplan were approved for Naraku region (Cloncurry) exploration with joint venture partner JOGMEC.