| Property Locations |
| Location Name: | *Kozmurun Upper Zone/Akbastau deposit | Area Name: | *40 km Southeast of Mizek |
| Effective Date: | 16/Sep/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 15/Mar/1999 | Phone: | (not available) |
| Address: | MizekKazakhstan Asia | Fax: | (not available) |
| Description: | Kosmurun & Akbastau copper-gold-zinc project. |
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| Location Name: | *Leninogorsk GT project | Area Name: | * |
| Effective Date: | 5/Jun/1998 | Location Ownership Percent: | 50 |
| Expiry Date: | 15/Mar/1999 | Phone: | (not available) |
| Address: | Kazakhstan Asia
| Fax: | (not available) |
| Description: | 50% owned by GBIL, being acquired from Goldbelt Resources Ltd. |
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| Location Name: | *Mizek Heap Leach project | Area Name: | *Abyz cu-zinc-au property |
| Effective Date: | 1/Aug/1997 | Location Ownership Percent: | 60 |
| Expiry Date: | 15/Mar/1999 | Phone: | (not available) |
| Address: | Kazakhstan Asia
| Fax: | (not available) |
| Description: | 60% owned by GBIL, being acquired from Goldbelt Resources Ltd. |
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| Location Name: | *Operating Location | Area Name: | * |
| Effective Date: | 6/Feb/1985 | Location Ownership Percent: | 100 |
| Expiry Date: | 15/Mar/1999 | Phone: | (not available) |
| Address: | Vancouver,British Columbia Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location | Area Name: | * |
| Effective Date: | 29/Nov/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | 15/Mar/1999 | Phone: | (not available) |
| Address: | Perth,Western Australia Australia Australia | Fax: | (not available) |
| Description: | |