| Property Locations |
| Location Name: | *Costigan Lake Property | Area Name: | Central Newfoundland |
| Effective Date: | 1/Dec/2003 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Newfoundland Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Fost Hill Properties | Area Name: | Northwestern Newfoundland |
| Effective Date: | 1/Oct/2002 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Newfoundland Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Long Lake Property | Area Name: | Central Newfoundland |
| Effective Date: | 7/May/2004 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Newfoundland Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Mishi Lake Property | Area Name: | * |
| Effective Date: | 3/Sep/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | 9/Sep/2008 | Phone: | (not available) |
| Address: | Ontario Canada North America | Fax: | (not available) |
| Description: | Mishibishu earned a 100% interest in this property from MacMillan Gold Corporation. |
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| Location Name: | *Pukaskwa River Property | Area Name: | *65 km west of Wawa |
| Effective Date: | 27/Oct/1989 | Location Ownership Percent: | 100 |
| Expiry Date: | 9/Sep/2008 | Phone: | (not available) |
| Address: | Ontario Canada North America | Fax: | (not available) |
| Description: | Golden Fortune Investments Limited had the option to earn 50% |
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| Location Name: | *Tulks South Volcanogenic Massive Sulfide Property | Area Name: | West central Newfoundland |
| Effective Date: | 9/Apr/2002 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Newfoundland Canada North America
| Fax: | (not available) |
| Description: | Assignment agreement with Windarra Minerals and Tulks Resources Ltd. |