PETAQUILLA GOLD

Petaquilla Minerals Ltd. is a gold producer that operates its wholly owned Molejon gold mine in Panama and owns exploration and development stage projects in Spain and Portugal. The Molejon mine commenced commercial production in January 2010 and has production capacity of approximately 3,500 tonnes per day. The mine is located in the Donoso District, Colon Province of Panama, 130 kilometres west of Panama City and is adjacent to First Quantum Minerals Ltd.’s world-class $6.5 billion Capex Cob... re Panama copper project. The Lomero-Poyatos Project is a polymetallic deposit located near Huelva in the Andalusia autonomous community of Spain in the prolific Iberian Pyrite Belt, which extends from southwestern Spain into Portugal. The Company also is moving forward with the nearby San Telmo project, which was historically mined for principally zinc and some gold credits in the 1960s. The Portuguese gold projects, Banjas and Jales-Gralheira, are formerly producing mines located near the Oporto region. Panama Development of Infrastructures, S.A. (“PDI”) is the wholly owned infrastructure, mining services and construction subsidiary of Petaquilla Minerals Ltd. PDI is an active participant in Panama’s infrastructure industry and is well positioned in the emerging mining services sector. PDI is currently engaged in aggregate mining and sales. The company is analyzing new business opportunities to increase PDI’s portfolio of projects and to resume its plans to spin out PDI to Petaquilla shareholders with plans to go public 12 months after the spin out.More