| Property Locations |
| Location Name: | *Adair Trona | Area Name: | *Adair Trona |
| Effective Date: | 10/Nov/1999 | Location Ownership Percent: | 100 |
| Expiry Date: | 13/Sep/2006 | Phone: | (662) 133-864 (primary) |
| Address: | P.O. Box C. P. 83000 Revolucion No. 48 Hermosillo,Sonora Mexico North America | Fax: | (662) 123-827 (primary) |
| Description: | |
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| Location Name: | *Castillo Gold Property | Area Name: | * |
| Effective Date: | 14/Sep/2006 | Location Ownership Percent: | 100 |
| Expiry Date: | 23/Feb/2010 | Phone: | (52) 837-1230 (primary) |
| Address: | Coronado #834 Zona Centro,Durango Mexico CP 34000 North America | Fax: | (52) 837-2144 (primary) |
| Description: | |
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| Location Name: | *Coahuila Gypsum | Area Name: | *Coahuila Gypsum |
| Effective Date: | 15/Jun/2000 | Location Ownership Percent: | 100 |
| Expiry Date: | 13/Sep/2006 | Phone: | (662) 133-864 (primary) |
| Address: | P.O. Box C. P. 83000 Revolucion No. 48 Hermosillo,Sonora Mexico North America | Fax: | (662) 123-827 (primary) |
| Description: | |
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| Location Name: | *Cuatro Hermanos Property | Area Name: | *Cuatro Hermanos Copper Property |
| Effective Date: | 31/Oct/1995 | Location Ownership Percent: | 100 |
| Expiry Date: | 23/Feb/2010 | Phone: | (52) 837-2144 (primary) |
| Address: | Coronado #834 Zona Centro,Durango Mexico CP 34000 North America
| Fax: | (52) 837-1230 (primary) |
| Description: | |
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| Location Name: | *El Arca Silver Mill | Area Name: | *El Area Silver Mill |
| Effective Date: | 6/Jan/2000 | Location Ownership Percent: | 100 |
| Expiry Date: | 13/Sep/2006 | Phone: | (662) 133-864 (primary) |
| Address: | P.O. Box C. P. 83000 Revolucion No. 48 Hermsillo,Sonora Mexico North America | Fax: | (662) 123-827 (primary) |
| Description: | |
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| Location Name: | *El Cairo Gold Property | Area Name: | *Durango |
| Effective Date: | 21/Jan/2002 | Location Ownership Percent: | 100 |
| Expiry Date: | 13/Sep/2006 | Phone: | (662) 2133-864 (primary) |
| Address: | C.P. 83000 Revolucion No. 48 Hermosillo,Sonora Mexico North America | Fax: | (662) 2123-827 (primary) |
| Description: | |
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| Location Name: | *El Compa Gold Project | Area Name: | *Argentina Gold Property |
| Effective Date: | 16/Jan/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | 23/Feb/2010 | Phone: | (52) 618837-1230 (primary) |
| Address: | Zona Centro,Durango Mexico North America
| Fax: | (52) 618837-2114 (primary) |
| Description: | |
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| Location Name: | *La Fortuna Property | Area Name: | * |
| Effective Date: | 15/Mar/2006 | Location Ownership Percent: | 100 |
| Expiry Date: | 23/Feb/2010 | Phone: | (not available) |
| Address: | Zona Centro,Durango Mexico CP 34000 North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *La Sauceda Vat Leach Plant | Area Name: | *Zacatecas |
| Effective Date: | 1/Jun/2000 | Location Ownership Percent: | 100 |
| Expiry Date: | 13/Sep/2006 | Phone: | (662) 133-864 (primary) |
| Address: | P.O. Box C. P. 83000 Revolucion No. 48 Hermosillo,Sonora Mexico North America | Fax: | (662) 123-827 (primary) |
| Description: | |
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| Location Name: | *Las Cruces, El Aguilita, El Hacon, El Condor, Revelacion, Annel & El Placer De Santo Domingo Lots | Area Name: | * |
| Effective Date: | 1/Feb/1999 | Location Ownership Percent: | 100 |
| Expiry Date: | 27/Jul/2000 | Phone: | (not available) |
| Address: | Chihuahua Mexico North America
| Fax: | (not available) |
| Description: | The Company has acquired 100% of the concession rights of the mining concessions. |
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| Location Name: | *Operating Location (Mex.) | Area Name: | * |
| Effective Date: | 23/Mar/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | 27/Jul/2000 | Phone: | (not available) |
| Address: | Sinaloa Mexico North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (NH) | Area Name: | * |
| Effective Date: | 23/Nov/1984 | Location Ownership Percent: | 100 |
| Expiry Date: | 27/Jul/2000 | Phone: | (not available) |
| Address: | New Hampshire USA North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (ON) | Area Name: | * |
| Effective Date: | 29/Nov/1995 | Location Ownership Percent: | 100 |
| Expiry Date: | 27/Jul/2000 | Phone: | (not available) |
| Address: | Ontario Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (PQ) | Area Name: | * |
| Effective Date: | 23/May/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | 27/Jul/2000 | Phone: | (not available) |
| Address: | Quebec Canada North America | Fax: | (not available) |
| Description: | |