| Property Locations |
| Location Name: | *Caldera #10 | Area Name: | *Pinos District |
| Effective Date: | 25/Jun/1998 | Location Ownership Percent: | 50 |
| Expiry Date: | 10/Jan/2007 | Phone: | (not available) |
| Address: | Zacatecas Mexico North America | Fax: | (not available) |
| Description: | President Mines has acquired 50% of Arcturus' 100% interest. |
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| Location Name: | *Caldera #5 mineral concession | Area Name: | *Zacatecas |
| Effective Date: | 7/Aug/1998 | Location Ownership Percent: | 50 |
| Expiry Date: | 22/Jan/1999 | Phone: | (not available) |
| Address: | Zacatecas Mexico North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Caldera #8, #12 | Area Name: | * |
| Effective Date: | 16/Dec/1997 | Location Ownership Percent: | 50 |
| Expiry Date: | 10/Jan/2007 | Phone: | (not available) |
| Address: | Zacatecas Mexico North America
| Fax: | (not available) |
| Description: | Victory has the option to acquire a 50% interest. Option agreement dated March 23/98. |
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| Location Name: | *Finlayson Lake | Area Name: | |
| Effective Date: | 21/May/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Yukon Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Lewies River Property | Area Name: | |
| Effective Date: | 1/May/2005 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Yukon Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *McConnell River Property | Area Name: | Watson Lake Mining District |
| Effective Date: | 27/Jun/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | British Columbia Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Pluto Property | Area Name: | *54 km NW of Dawson City |
| Effective Date: | 1/Jun/1999 | Location Ownership Percent: | 25 |
| Expiry Date: | 10/Jan/2007 | Phone: | (not available) |
| Address: | Yukon Canada North America
| Fax: | (not available) |
| Description: | JV with Excellerated Resources Inc. |