MINERAL COMMODITIES LTD — Regulatory Filings 2009

Jan 26, 2009

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Mineral Commodities Ltd

ABN 39 008 478 653

Unit 15, Level 1, 51-53 Kewdale Road Welshpool, Perth, Western Australia 6106 PO Box 235, Welshpool DC, Perth Western Australia 6986 Telephone: 61 8 9353 4890 Facsimile: 61 8 9353 4894 Email: info@mncom.com.au Web: www.mncom.com.au

27 January, 2009

Company Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam,

PETRO VENTURES INTERNATIONAL LIMITED STERLING RESOURCES ANNOUNCES SUCCESSFUL TESTING OF BREAGH WELL

Mineral Commodities Limited (MRC) is pleased to advise that TSX listed, Sterling Resources Ltd (“Sterling”) has announced the successful testing of the Breagh well located on Block 42/13 in the United Kingdom Southern North Sea. MRC is a seed capitalist in Petro Ventures holding 9.29% of the ordinary issued capital.

The 42/13-5z horizontal well tested dry gas at a maximum flow rate of 26 million standard cubic per day (MMscf/d) on an 80/64 inch choke setting at a flowing wellhead pressure of approximately 890 pounds per square inch (psig). Further inflow testing was performed using various choke sizes over a 60 hour period.

These results are currently being integrated with data from the drilling of the 42/13-4, 5 and 5z wells, in order to optimize well requirements for development. The results are expected to show an increase in gross rock volume in excess of 20% compared to previous estimates.

Sterling advised the TSX that it had achieved all the objectives set for the appraisal of the Breagh field during the 2008 drilling campaign. Additional gas was discovered with the 42/13-4 well on the eastern side of the structure, and now they had have drilled and tested the 42/13-5z well which brings the Breagh field one step closer to development. The consortium now has three wells ready for production with the 42/13-3 and 42/13-5z wells side-by-side at the correct spacing and ready for tie-back to a production platform. Sterling advised that it would lodge a Field Development Plan for approval by the UK Government.”

Yours faithfully

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Mark V. Caruso Managing Director

For further information please contact Mark Caruso or Robert Barras +61 8 9353 4890