| The Boleo Project is an advanced polymetallic (copper, cobalt, zinc) project located on tidewater on the east coast of the Baja Peninsula near Santa Rosalia, Baja Sur, Mexico. Baja Mining Corp. owns a 100% interest in the Boleo Project, free of any underl Baja Mining Corp. (“Baja”) owns a majority interest in El Boleo Project, an advanced polymetallic (copper, cobalt, zinc, manganese) property located in Baja California Sur, Mexico. Baja has assembled an exceptional management team who are developing Mexico’s largest copper-cobalt deposit. HIGHLIGHTS Definitive Feasibility Study completed Approval received for Environmental Impact Manifest Production scheduled for early 2010 Average annual production, for the first four years of production: Copper cathode: 55, 750 tonnes Cobalt cathode: 1, 535 tonnes Zinc contained metal: 6, 300 tonnes
Proven and probable reserves provide for 25 year mine life Measured and Indicated resources: 277.2 million tonnes grading 1.77% copper equivalent Inferred resources: 253.2 million tonnes grading 1.29% copper equivalent Management ownership: approximately 24% US$515 million debt facility secured US$64 million equipment lease secured Share purchase funding agreement executed with Korea Resource Corporation on April 17, 2008 April 22, 2008 BAJA MINING LAUNCHES NEW MULTIMEDIA PRESENTATIONS April 18, 2008 BAJA MINING CLARIFIES FINANCING ANNOUNCEMENT STOCK QUOTE BAJ:TSX Current Price: $1.59 + 0.03 ...
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