| Property Locations |
| Location Name: | *Operating Location | Area Name: | * |
| Effective Date: | 12/May/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 8/Jan/2002 | Phone: | (not available) |
| Address: | QuitoEcuador South America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location | Area Name: | * |
| Effective Date: | 29/Dec/1993 | Location Ownership Percent: | 100 |
| Expiry Date: | 12/May/1997 | Phone: | (not available) |
| Address: | Azuay Ecuador South America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location | Area Name: | * |
| Effective Date: | 29/Dec/1993 | Location Ownership Percent: | 100 |
| Expiry Date: | 12/May/1997 | Phone: | (not available) |
| Address: | Arequipa Peru South America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location | Area Name: | * |
| Effective Date: | 29/Dec/1993 | Location Ownership Percent: | 100 |
| Expiry Date: | 12/May/1997 | Phone: | (not available) |
| Address: | Bolivia South America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location | Area Name: | * |
| Effective Date: | 29/Dec/1993 | Location Ownership Percent: | 100 |
| Expiry Date: | 12/May/1997 | Phone: | (not available) |
| Address: | AijaPeru South America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location | Area Name: | * |
| Effective Date: | 29/Dec/1993 | Location Ownership Percent: | 100 |
| Expiry Date: | 12/May/1997 | Phone: | (not available) |
| Address: | Ecuador South America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Peru Office | Area Name: | * |
| Effective Date: | 12/Mar/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 8/Jan/2002 | Phone: | (1) 264-2322 (primary) |
| Address: | Comandante Jimenez 128-A, Magdalena del Mar Lima 17Peru South America | Fax: | (1) 264-4989 (primary) |
| Description: | |
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| Location Name: | *Tafuna Hills & Mufurudzi | Area Name: | EPO's 1072, 1073 & 1080 |
| Effective Date: | 30/Jun/1998 | Location Ownership Percent: | 50 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Zimbabwe Africa
| Fax: | (not available) |
| Description: | Letter of intent with Mandorin Goldfields and Picard Holdings Ltd. to consolidate interests. |