| Property Locations |
| Location Name: | *Aucupata Project | Area Name: | Chacahuaya and Ananea Properties, NE of Cordillera |
| Effective Date: | 20/Oct/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Bolivia South America
| Fax: | (not available) |
| Description: | JV with International African Mining Gold Corporation. |
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| Location Name: | *Birch Lake Platinum-Palladium Copper-Nickel Prospect | Area Name: | Northwestern Minnesota |
| Effective Date: | 27/Jan/1999 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Minnesota USA North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Calatrava Mining Concession | Area Name: | *La Paz Province |
| Effective Date: | 29/Oct/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 1/May/1998 | Phone: | (not available) |
| Address: | La Paz Bolivia South America
| Fax: | (not available) |
| Description: | Four year option agreement with a Bolivian Cooperativa. |
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| Location Name: | *Cuiu Cuiu/Carneirinho Project | Area Name: | North Brazil |
| Effective Date: | 17/Jan/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Brazil South America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Huayna Potosi Property | Area Name: | |
| Effective Date: | 9/Sep/1997 | Location Ownership Percent: | 25 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Bolivia South America | Fax: | (not available) |
| Description: | JV between Altoro and Vista Gold Corp. BHP Minerals has right to acquire 50%. |
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| Location Name: | *Iroco project | Area Name: | Altiplano region |
| Effective Date: | 14/Jun/1998 | Location Ownership Percent: | 50 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Oruro Bolivia South America
| Fax: | (not available) |
| Description: | Joint venture with Vista Gold Corp. (50%) and BHP Minerals option for 60%. |
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| Location Name: | *Pedra Branca Platinum Palladium Property | Area Name: | Ceara State |
| Effective Date: | 26/May/1999 | Location Ownership Percent: | 70 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Ceara Brazil South America
| Fax: | (not available) |
| Description: | Letter of Intent with Eldorado Gold Corporation. |
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| Location Name: | *Rincon del Teigre Project | Area Name: | Bolivia |
| Effective Date: | 3/Nov/1999 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Bolivia South America
| Fax: | (not available) |
| Description: | Letter of Agreement dated April 19, 1999 between company and Micheal Bennett and James A. McNamee |
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| Location Name: | *Rio Maria Project | Area Name: | Carajas |
| Effective Date: | 29/Jan/1999 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Brazil South America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Sao Jorge Project | Area Name: | North Brazil |
| Effective Date: | 7/Jul/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Brazil South America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Tocantinzinho Project | Area Name: | North Brazil, Tapajos Region |
| Effective Date: | 29/May/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Brazil South America | Fax: | (not available) |
| Description: | |