15 April 2008

Pan Asia Gemstones Mining Limited conducted a meeting with government officials, introducing the full concept of Tashkurgan Emerald mining and marketing. The meeting was very successful and further emphasise the need to consolidate all mining licences.

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March 2008

Mr. Tommy Wu, Dr. Larry Snee and Mr. Trevor Robson attended the PDAC meeting in Toronto. They met with several investors who had shown much interest as well as officials of the TSX in preparation to raising capital for Pan Asia in the near future.

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Pan Asia Gemstones Mining Limited intends to commence feasibility exploration in Summer, 2008.

The feasibility study will undertake a careful emerald exploration program to determine the extent of the reserves, in order to define the location of the best emeralds both on the surface and at depth, by carefully mapping the geology of the area, the nature of the emerald mineralization, the orientation and extent of brittle faulting. This will be followed by a carefully planned drilling program to define the three-dimensional geometry of the deposit.

Exploration requires the detailed mapping of the license areas, followed by geological exploration on the concessions. This exercise, subject to positive results, will guide the design of the bankable feasibility study.

Funding will also be applied to completing the laboratory studies already commenced. This work can involve graduate students from the collaborating institutions.