Company Information for Moto Goldmines Ltd

AIM-MOE; TSX-MGL

www.motogoldmines.com

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AIM; MOE

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TSX; MGL

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Company Statement

Moto Goldmines Limited (MGL) is an Australian-based gold exploration and development company developing the world-class Moto Gold Project in the Democratic Republic of Congo in central Africa.

MGL is listed on the TSX, ASX, AIM and several of the German Stock Exchanges.
MGL's objectives are to:
- maximise shareholder value through the discovery and development of substantial, high grade gold deposits in Central Africa.
- operate at all times with a high social, environmental and ethical awareness.

Current Operations

The Moto Gold Project is located in the Moto goldfields in the north east of the DRC, some 560 kms north east of the city of Kisangani and 150 kms west of the Ugandan border town of Arua. The Project covers an area of approximately 5,000 sq kms.

The Moto goldfields are located primarily within rocks of the Moto greenstone belt, which consists of Archaean rocks of the Lower Kibalian System. The Moto greenstone belt is bounded to the north by the Archaean West Nile Gneiss complex and to the south by the (younger) Upper Zaire granitic complex.

The Moto greenstone belt has a history of gold production. Three of the deposits in the area, Gorumbwa, Agbarabo and Durba, which were exploited primarily in the 1950s and 1960s by the Belgians, have produced more than 60% of the +3 million ounces of recorded production from the Moto area. Most of the remainder of production has come from placer, alluvial and small oxide-zone workings. Many of the past-producing high-grade gold mines in the Moto greenstone belt fall within a 7km by 5km area near the towns of Doko and Durba.

At present the Moto goldfields remain relatively unexplored by today’s standards. Following the departure of the Belgians in the 1960s, the State owned mining company, OKIMO, undertook limited mining activity, and between 1996 and 1998 Barrick and Anglogold completed a limited exploration programme.

To date Moto has identified a number of unexploited deposits and a large number of untested and poorly explained gold occurrences remain to be systematically explored using modern techniques. Moto has to date focused its exploration activities on the central area of approximately 35 sq kms although a regional programme has commenced.

Geographical Spread

Democratic Republic of Congo

Board of Directors and Key Management

Directors:

Sir Samuel Jonah	Chairman
Klaus Eckhof	President and Director
Sean Harvey	Non-executive Director
David Hodgson	Non-executive director
Walter Kansteiner	Non-executive director
Jeff O Leary	Non-executive director
Andrew Dinning	Executive Director
Mark Arnesen	Chief Financial Officer and Investor Relations

Key Management

Patrick Flint	CFO
Greg Smith	Exploration Manager
Louis Watum	DRC Country Manager

Company Address

1st Floor
30 Ledgar Road
Balcatta, Australia 6021


Telephone:	618-92401377
Facsimile:	618-92402406
Email:	info[at]motogoldmines.com
Website:	http://www.motogoldmines.com

Additional Address/Key Contact

Canadian Office
C/- Lawson Lundell LLP
1600 Cathedral Place
925 West Georgia Street
Vancouver
British Columbia V6C 3L2
Canada

Annual General Meeting

May, Canada

Year End

31 December

Nominated Brokers

Haywood Securities (UK) Ltd

Nominated Advisors

RFC Corporate Finance Ltd

Most Recent Statement

08/07/08 - Signing of Consolidated Lease
21/02/08 - Update regarding the DRC Mining Review
31/01/08 - Moto Goldmines Acquires Additional Interest in the Moto Gold Project and Completes Placement to Sam Jonah
30/01/08 - FURTHER SIGNIFICANT RESULTS FROM ONGOING INFILL / EXTENSION DIAMOND DRILL PROGRAMME
21/08/07 - AIM RULE 26 AND STOCK OPTION UPDATE
11/07/07 - UPDATE ON DRC COMMISSION REVIEW

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