| Property Locations |
| Location Name: | *"AEROTEM" Time-Domain EM System | Area Name: | * |
| Effective Date: | 18/Nov/1999 | Location Ownership Percent: | 100 |
| Expiry Date: | 28/Feb/2000 | Phone: | (not available) |
| Address: | Canada North America
| Fax: | (not available) |
| Description: | Letter of Agreement with Aeroquest Ltd. to provide exclusive operating rights. |
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| Location Name: | *Batchawana Property | Area Name: | *70 km North of Sault Ste. Marie |
| Effective Date: | 20/Nov/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 17/Nov/2006 | Phone: | (not available) |
| Address: | Sault St. Marie,Ontario Canada North America | Fax: | (not available) |
| Description: | increased from 51 to 100% as of 19981008; JV with Fort Knox Gold |
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| Location Name: | *Gloucester County | Area Name: | *Gloucester County |
| Effective Date: | 26/Oct/2001 | Location Ownership Percent: | 100 |
| Expiry Date: | 17/Nov/2006 | Phone: | (not available) |
| Address: | New Brunswick Canada North America
| Fax: | (not available) |
| Description: | 4 mineral claims |
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| Location Name: | *Lac Chaboullie | Area Name: | *Lac Chaboullie |
| Effective Date: | 20/Sep/2000 | Location Ownership Percent: | 75 |
| Expiry Date: | 17/Nov/2006 | Phone: | (not available) |
| Address: | Quebec Canada North America
| Fax: | (not available) |
| Description: | j/v with Nuinsco |
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| Location Name: | *Lone Mountain | Area Name: | *Eureka |
| Effective Date: | 12/Apr/2006 | Location Ownership Percent: | 100 |
| Expiry Date: | 29/Aug/2007 | Phone: | (not available) |
| Address: | Nevada USA North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *New Tribag claims | Area Name: | * |
| Effective Date: | 8/Oct/1998 | Location Ownership Percent: | 50 |
| Expiry Date: | 29/Aug/2007 | Phone: | (not available) |
| Address: | Ontario Canada North America
| Fax: | (not available) |
| Description: | 50% optioned to Fort Knox Gold Resources Ltd. |
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| Location Name: | *Operating Location | Area Name: | *Vancouver |
| Effective Date: | 20/Nov/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 29/Aug/2007 | Phone: | (not available) |
| Address: | Suite 1710 1177 West Hastings Street Vancouver,British Columbia Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Rocas el Tambor, S.A. Guatamala | Area Name: | *City of Guatamala |
| Effective Date: | 6/Sep/2006 | Location Ownership Percent: | 50 |
| Expiry Date: | 29/Aug/2007 | Phone: | (not available) |
| Address: | Guatemala North America
| Fax: | (not available) |
| Description: | |