On April 29, 2013 MineralRite Corporation entered into a joint venture agreement with CSI Import and Export, S.A. de C.V. (“CSI”) for the purpose of establishing a joint copper and, potentially, iron ore mining operations in Mexico and Chile. Under the terms of the Agreement the Company will provide $100,000 to supply mining equipment to the operation. CSI maintains exclusive agreements to the mines in Chiapas and Jalisco, Mexico for 2 years and 5 years, respectively.

The exclusive mining agreement in Chiapas is renewable for an additional 2 years. During the Agreement, CSI will provide management, production and logistical support while the Company will provide the necessary equipment. The equipment will remain the property of the company.

The profits of the mining operations and sales are to be split 50%-50% between the company and CSI.