Baja Mining Corp. provided an update regarding the Boleo Project, in which it holds a 10% interest, and the impact of Hurricane Odile that hit the Baja Peninsula earlier in the week. Baja understands that although the hurricane was downgraded to a tropical storm in the region of Santa Rosalia, heavy rains and high winds in the area knocked out electricity and communications.

Baja has been informed by Minera y Metalúrgica del Boleo S.A. P.I. de CV. and Korea Resources Corporation that there has been no notable damage to the project site and communications have been restored at the site but that the activity at the Boleo Project remains halted while the site is inspected and until clean-up is completed.