Vaaldiam Mining Inc VAALF

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Company Profile Board of Directors Management Kimberley Certificate Corporate Policies & Charters Company Profile Vaaldiam Mining Inc. is a well-capitalized Canadian junior mining company whose objective is to be the largest producer of diamonds in South America. The company plans to upgrade the quality of its assets over time to move away from alluvial production to hard rock operations. It owns a significant and growing portfolio of diversified mining investments and royalty interests that it can sell in the future. Vaaldiam holds 100% interests in the Duas Barras and Chapada alluvial diamond mines in Brazil. Vaaldiam is evaluating its Chapada Mine and may either restart production or sell the mine in 2011. Chapada produced over 33,000 carats from 2006 to 2008 at average US$394 per carat. Vaaldiam’s operations rank amongst the highest value diamond producers in the world. Elsewhere in Brazil, Vaaldiam also holds interests in two high-potential kimberlite diamond deposits and owns a large exploration database of kimberlite occurrences. There are about 1,000 kimberlites in Brazil of which only three have had samples greater than 200 tonnes taken. Vaaldiam’s Braúna kimberlite project is one of these three and is now bulk sampling with a development decision expected in 2010. Vaaldiam owns 20% of Braúna with a right to increase to 49%. In Peru, Vaaldiam has a sliding-scale NSR royalty interest in the Pukaqaqa copper/gold project and will also receive US$8 million when the open pit mine goes into production. In Kenya, Vaaldiam owns a 1.5% Gross Revenue Royalty on all product revenue from the Kwale Mineral Sands project. Vaaldiam owns 10,625,000 common shares of Flemish Gold Corp., a private exploration company with properties in East Africa, which it purchased for US$3.4 million. Flemish Gold Corp. recently completed a private placement of $6.1 million net of costs at a price of $0.75 per share, valuing Vaaldiam’s investment at $8 million. Vaaldiam owns 20% of Freegold Ventures Ltd., a promising gold exploration company with properties in Alaska and one million common shares of Western Standard Metals Ltd. Vaaldiam.com About Vaaldiam Mining & Exploration Investor Relations News Contact Disclaimer