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Xietongmen – Emerging Copper Producer in China

April 2008PROJECT UPDATEApril 2008PROJECT UPDATE

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Cautionary and Forward Looking InformationThis presentation includes certain statements that may be deemed“forward-looking statements”. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. All statements in this presentation, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the companies expect are “forward looking statements” within the definition of the United States Private Securities Litigation Reform Act of 1995. For more information on the risks inherent in the Company’s business, Investors should review the Company’s annual Form 20-F filing with the United States Securities Commission and its home jurisdiction filings that are available at www.sedar.com.

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(KMK-TSXV) – Shareholder Distribution

C$28.0 MWorking Capital:

14.0%6.1%5.0%9.6%

Jinchuan Group - ChinaTaseko (TKO) - CanadaInstitutionsManagement

C$ 180 MMarket Capitalization:

(April 2008)136.7 MFully Diluted Shares:129.0 MShares Outstanding:

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Xietongmen Property – Western China

• High-grade copper and gold mineralization occurring in a bulk tonnage “Open Pit”setting

• Proven and Probable Reserves 182.1 Mt @ 0.45%Cu, 0.62 g/t Au, 4.03 g/t Ag.

• Projected Annual Production of 116 million pounds of Cu and 190,000 Oz Au, 1.73 million Oz Ag.

• Excellent logistics = paved road, hydro-power, rail line, and water in the region

1 Press release January 24, 2007 audited by I. Crisholm, P.Geo.

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Project Ownership

Continental Minerals Corporation (KMK)

Operator

Highland Mining Inc.BVI

100%

100%

Wholly Foreign Owned Enterprise (WFOE)Tibet Tianyuan

Minerals Exploration Ltd

100%

Xietongmen Property

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The Jinchuan Group Strategic Partnership

Jinchuan is China’s largest nickel producer, major smelter of nickel and copper

Framework Agreement signed in Feb 2007 includes:

• Private placement equity financing in KMK for C$36M giving Jinchuan an 14% equity in KMK

– Mar 2007 @ $1.80 (20% premium over market price of $1.50)– Nov 2007 @ $2.25 (40% premium over market price of $1.65)

• Concentrate Off-take MOU

• Project Capital Finance MOU

• Training, Detailed Engineering and Technical Support MOU

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Year 2010 - Copper Refinery Capacity in China

JiangxiJiangxi--500 500 ktkt

YunnanYunnan--325 325 ktkt

DayeDaye--200 200 ktkt TonglingTongling--150 150 ktkt

JinchuanJinchuan--400 400 ktkt

Baiyin-100 kt

HuludaoHuludao--100 100 ktkt

YantaiYantai--60 60 ktkt

YulongYulongSichuanSichuan

2005 Cu Production: 2112 Kt2010 Projected Cu Production: 2960 Kt

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Excellent Infrastructure in PlaceXietongmen Project Location and Basic Infrastructure

CAPACITYTanghe Station – 4 @ 1.6MWYanghu Station – 5 @ 22.5MWQiangwang Station – 4 @ 0.8MWMahla Station – 4 @ 5MWJiangzi Old Station – 4 @ 0.25MW

The typical power line is 110KV and 35KV in Rikaze Region

600 kv underconstruction

220 kv underconstruction

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Easy Access to Xietongmen Property

Looking North from Highway

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3900 m Level Plan – Resource Block Model

Xietongmen Deposit

B

B’

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Long Section A-A’ Block Model

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Supergene Zone > 1.40% Cu Eq

Supergene

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Proposed Xietongmen Infrastructure

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Feasibility Study – Technical Aspects

Mining with very low STRIP RATIO of 1.64• Annual throughput = 40,000 tpd or 13.2 Mt/yr

• Excellent RecoveriesHypogene (89% of the deposit):• Copper 92.1%• Gold 59.7% • Silver 77.6%

Supergene (11% of the deposit) will go in production in the first year:• Copper 88.4%• Gold 65.1% • Silver 75.8%

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Xietongmen Property Boundary

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$2.25 Cu$650 Au

$1.50 Cu$500 Au

182 Mt deposit(.45% Cu, .62 g/t Au,

4.03 g/t Ag)

30.7%15.7%IRR

$520M$2.85/tonne

$520M$2.85/tonneCapital Expenditures

$876M$262 MTotal NPV @ 7.5%

$ 9.22$9.22Total Opex Costs

$35.50$26.00In situ Value

At higher Metal Prices…

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$218 million$106 millionOP Cash Flow

($156 million)($156 million)OPEX

$374 million$262 millionGross Revenue

US$2.25 CuUS$650 Au

US$1.50 CuUS$500 Au13.2 Mt/year

Yearly basis Future P/E Valuation =

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Xietongmen Proposed Project Timeline

Socioeconomic

Production

Permit Approval

Drilling

Chinese Feasibility Study

Feasibility Study

Design/Engineering

Construction + Freight

Mining License

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

EIA

Completed ProjectedNote:

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Permits Approved to Date

In ProcessProject Approval Report

In ProcessMining Licence

Dec 2007Water Conservation Report

Jun 2007Water Use Permit

Nov 2007Land Acqusition Pre-Approval Report

In ProcessLand Reclamation Report

Dec 2007Environmental Impact Assessment approval from SEPA

Nov 2007Mineral Resources Development & Utilization Plan approval from MLR

Sept 2007Project Pre-Approval from NDRC

Apr 2007Mine Area Scoping (MAS) equivalent to the Mining Area Permit

Apr 2007Water Resources Report

Sept 2006Seismic Assessment

Sept 2006Geological Resource Report

Date ApprovedReport / Permit

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KMK’s Work for Community Sustainability

• Agricultural training for villagers at Tibet Agriculture College

• Greenhouses to grow market vegetables

• Construction training

• KMK providing machinery to fix and rebuild irrigation channels and roads

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KMK Community Liaison & Consultation Program

5 member Community Relations team works closely with local villagers to provide information and to establish trust. Villagers accept the team as a part of their lives.

Regular Community Coordination meetings held to exchange views with village reps on all aspects of the exploration program.

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DAVID COPELAND, P. ENG - President, CEO and Director• 30 years experience in advancing mineral projects through feasibility,

permitting, engineering design phases and initial development• Projects include the original feasibility and permitting on the South

Kemess mine; pre-feasibility and permitting on the Hollister development project, Nevada; feasibility and permitting of the Burnstone gold project, South Africa; and senior advisor on the Gibraltar mine acquisition and restart team

WANG ZHI, Co-Chairman• 20 years of government and commercial experience in Tibet Autonomous

Region• Extensive networks in Tibet and China

DICKSON HALL, Vice President, Business Development• 30 years of commercial and government experience between China and

Canada

MARK REBAGLIATI, P.ENG and Q.P.• Porphyry expert and Mining Man of the Year for Canada

Continental Minerals Corporation - Management

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Appendices

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OFFICERSRon Thiessen, Co - ChairmanZhi Wang, Co - ChairmanDave Copeland, President and CEOMarchand Snyman, CFODickson Hall, VP Business DevelopmentDIRECTORSRene CarrierRene CarrierDave CopelandScott CousensRobert DickinsonGordon FretwellXiaojun MaGerald PannetonRonald ThiessenJie (Jack) YangFuyu WangZhi WangATTORNEYSLang Michener, Barristers and Solicitors1500 – 1055 West Georgia StreetVancouver, British ColumbiaCanada V6E 4N7AUDITORSKPMG LLPBox 10426, 777 Dunsmuir StreetVancouver, British ColumbiaCanada V7Y 1K3

TRANSFER AGENTComputershare Investor Services Inc.3rd Floor, 510 Burrard StreetVancouver, British ColumbiaCanada V6C 3B9

BANKCanadian Imperial Bank of Commerce 400 Burrard StreetVancouver, British ColumbiaCanada V6C 3B9

LISTEDTSX Venture Exchange: KMKOTCBB: KMKCF

CORPORATE ADDRESS AND INVESTOR SERVICES1020 – 800 West Pender StreetVancouver, British ColumbiaCanada V6C 2V6Telephone (604) 684-6365Facsimile (604) 684-8092Toll-free 1-800-667-2114e-mail info@hdgold.comwebsite www.hdgold.com

Corporate Information

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0.084.040.620.45182.1Total Proven & Probable

0.092.790.450.399.4Probable

0.084.220.660.43152.3Proven

Hypogene

0.042.050.200.442.0Probable

0.033.350.420.6517.5Proven

Supergene

0.0142.990.490.200.9Proven

Oxide

Zn (%)Ag (g/t)Au (g/t)Cu (%)Tonnes(millions)Category

Proven & Probable Reserves – May 2007at a 0.15% copper cut-off

Proven & Probable Reserves

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ProjectPermit

Mining LicenseApplication

MineralResources

ReportApproval

Mineral ResourcesDevelopment

andUtilization PlanFinal Approval

(MOLAR)

EnvironmentalImpact

Assessment Report

Final Approval

Chinese CompliantFeasibility

StudyBankable

Feasibility Study

IFC SEIAFinal Report

(Draft receivedDec ‘07)

Financing Project Development

Mining LicenseApprovalProject Application

Permitting Process

Completed To be completedNote:

Project Pre-Approval(NDRC)

3Q 2

007

4Q 2

007

2008