OVERVIEW OF KAZAKHSTAN PROJECTS

Central Asia has acquired an indirect interest in 6 prospect areas. All prospects are located in the Republic of Kazakhstan with the minority interests held by Kazakhstani companies. All prospects are predominately prospective for near surface Gold and were the subject of exploration by Soviet workers from the 1960s to the mid-1990s. Several other drilling and exploration programs were conducted in the regions prior to being acquired by Central Asia Resources. The Project areas are close to Almaty, the largest city in Kazakhstan and have adequate road, rail and telecommunication infrastructure.

With the exception of Bizhe, all prospects have progressed to ‘Commercial Discovery’ status under Kazakhstani law and as such hold long term mining licences. Bizhe is less advanced and remains classed as ‘Exploration’ status.

In April 2008 the Company announced Resource Estimates for Altyntas, Kepken, Kengir and Uenke Bulak. In July 2008 Central Asia commenced an 18 month program focussed on extensional drilling and prospect evaluation.

In November 2008, the Company articulated a 3 year plan and supporting budgets demonstrating its ability to sustain progress to production despite the harsh economic climate.

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