| Property Locations |
| Location Name: | *Calcatreu Gold & Silver Project | Area Name: | *Argentina |
| Effective Date: | 11/Jul/2003 | Location Ownership Percent: | 100 |
| Expiry Date: | 17/Nov/2005 | Phone: | (not available) |
| Address: | Rio Negro Argentina South America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Dana, James, Henry & Crerar Townships Properties (96 claims) | Area Name: | *Sudbury Mining Division |
| Effective Date: | 21/Apr/1999 | Location Ownership Percent: | 70 |
| Expiry Date: | 17/Nov/2005 | Phone: | (not available) |
| Address: | Ontario Canada North America
| Fax: | (not available) |
| Description: | Option to acquire |
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| Location Name: | *Freewest Option claims | Area Name: | *East Bull Lake area |
| Effective Date: | 9/Aug/1999 | Location Ownership Percent: | 70 |
| Expiry Date: | 17/Nov/2005 | Phone: | (not available) |
| Address: | Ontario Canada North America
| Fax: | (not available) |
| Description: | Option to acquire 50% JV interest |
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| Location Name: | *Glamis Gold mining concessions | Area Name: | * |
| Effective Date: | 26/Jun/1995 | Location Ownership Percent: | 100 |
| Expiry Date: | 1/Jul/1998 | Phone: | (not available) |
| Address: | Sonora Mexico North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *La Cieneguita Project | Area Name: | |
| Effective Date: | 30/Jun/1998 | Location Ownership Percent: | 40 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Chihuahua Mexico North America
| Fax: | (not available) |
| Description: | JV with Glamis Gold Ltd. (Glamis owns 60%). |
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| Location Name: | *La Cienequita Project | Area Name: | * |
| Effective Date: | 3/Aug/1989 | Location Ownership Percent: | 40 |
| Expiry Date: | 20/May/1998 | Phone: | (not available) |
| Address: | Chihuahua Mexico North America | Fax: | (not available) |
| Description: | Being purchased by Glamis Gold Ltd. (TSE) |
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| Location Name: | *Loughrin Township, Ontario | Area Name: | *136 claims |
| Effective Date: | 26/Nov/1999 | Location Ownership Percent: | 40 |
| Expiry Date: | 17/Nov/2005 | Phone: | (not available) |
| Address: | Ontario Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Mustang sub-option claim | Area Name: | *No. 1016959 - East Bull Lake area |
| Effective Date: | 9/Aug/1999 | Location Ownership Percent: | 40 |
| Expiry Date: | 17/Nov/2005 | Phone: | (not available) |
| Address: | Ontario Canada North America
| Fax: | (not available) |
| Description: | Earning 50% undivided interest |
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| Location Name: | *Operating Location | Area Name: | * |
| Effective Date: | 22/May/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | 1/Jul/1998 | Phone: | (not available) |
| Address: | Michoacan de Ocampo Mexico North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Platinum Palladium Property | Area Name: | Sudbury |
| Effective Date: | 16/Mar/1999 | Location Ownership Percent: | 70 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Ontario Canada North America
| Fax: | (not available) |
| Description: | JV with Mustang Gold Corp. 30%. |
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| Location Name: | *Township of Dana | Area Name: | *#437779 & 437782 consecutively |
| Effective Date: | 16/Nov/2000 | Location Ownership Percent: | 70 |
| Expiry Date: | 17/Nov/2005 | Phone: | (not available) |
| Address: | Ontario Canada North America
| Fax: | (not available) |
| Description: | |