| Property Locations |
| Location Name: | *AVT Claim | Area Name: | *Similkameen Mining Division |
| Effective Date: | 27/Mar/1984 | Location Ownership Percent: | 100 |
| Expiry Date: | 31/Dec/1994 | Phone: | (not available) |
| Address: | British Columbia Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Brookfield Property | Area Name: | *Queen's County |
| Effective Date: | 27/Mar/1984 | Location Ownership Percent: | 60 |
| Expiry Date: | 30/Sep/1996 | Phone: | (not available) |
| Address: | Nova Scotia Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Candle Lake Property | Area Name: | * |
| Effective Date: | 26/Apr/1994 | Location Ownership Percent: | 21 |
| Expiry Date: | 31/Dec/1995 | Phone: | (not available) |
| Address: | Saskatchewan Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Casa Berardi Claims | Area Name: | *Joutel Township |
| Effective Date: | 6/Feb/1990 | Location Ownership Percent: | 100 |
| Expiry Date: | 31/Dec/1992 | Phone: | (not available) |
| Address: | Quebec Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Forrest Property | Area Name: | *Liard Mining Division |
| Effective Date: | 3/Aug/1993 | Location Ownership Percent: | 100 |
| Expiry Date: | 29/Sep/1998 | Phone: | (not available) |
| Address: | British Columbia Canada North America
| Fax: | (not available) |
| Description: | Can acquire 100% from the Forest Kerr Syndicate. |
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| Location Name: | *Ham Claims | Area Name: | *Cariboo Mining Division |
| Effective Date: | 12/Jun/2000 | Location Ownership Percent: | 100 |
| Expiry Date: | 2/Dec/2002 | Phone: | (not available) |
| Address: | British Columbia Canada North America
| Fax: | (not available) |
| Description: | 59 mineral claims in Wells/Barkerville area |
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| Location Name: | *Herd Dome Project | Area Name: | * |
| Effective Date: | 3/Oct/2000 | Location Ownership Percent: | 100 |
| Expiry Date: | 2/Dec/2002 | Phone: | (not available) |
| Address: | British Columbia Canada North America
| Fax: | (not available) |
| Description: | Option to acquire a 100% interest. |
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| Location Name: | *Lake Claims | Area Name: | *Liard Mining Division |
| Effective Date: | 27/Mar/1984 | Location Ownership Percent: | 100 |
| Expiry Date: | 31/Dec/1995 | Phone: | (not available) |
| Address: | British Columbia Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Niblack Project | Area Name: | *Prince of Wales Island |
| Effective Date: | 7/Apr/1995 | Location Ownership Percent: | 100 |
| Expiry Date: | 15/Apr/2005 | Phone: | (not available) |
| Address: | Alaska USA North America | Fax: | (not available) |
| Description: | A joint venture agreement allows Teck Corporation to earn a 51% interest. |
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| Location Name: | *Pasquia Hills Property | Area Name: | * |
| Effective Date: | 26/Apr/1994 | Location Ownership Percent: | 49 |
| Expiry Date: | 31/Dec/1995 | Phone: | (not available) |
| Address: | Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Patagonia Properties group | Area Name: | * |
| Effective Date: | 20/Nov/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 2/Dec/2002 | Phone: | (not available) |
| Address: | Santa Cruz Argentina South America | Fax: | (not available) |
| Description: | 6 gold-silver properties, earning a 100% interest from Barrick Gold. |
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| Location Name: | *Pinchgut and Rawdon Hills Claimss | Area Name: | * |
| Effective Date: | 27/Mar/1984 | Location Ownership Percent: | 100 |
| Expiry Date: | 31/Dec/1994 | Phone: | (not available) |
| Address: | Nova Scotia Canada North America
| Fax: | (not available) |
| Description: | Option to acquire 462 mineral claims |
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| Location Name: | *Ruby Tuesday Project | Area Name: | * |
| Effective Date: | 10/Aug/1995 | Location Ownership Percent: | 100 |
| Expiry Date: | 2/Dec/2002 | Phone: | (not available) |
| Address: | Alaska USA North America
| Fax: | (not available) |
| Description: | Island-Arc has been granted an option to acquire 100% in this project |
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| Location Name: | *Sarita Properties | Area Name: | *Patagonia |
| Effective Date: | 7/May/1999 | Location Ownership Percent: | 50 |
| Expiry Date: | 2/Dec/2002 | Phone: | (not available) |
| Address: | Santa Cruz Argentina South America | Fax: | (not available) |
| Description: | Has granted Redstar Resources Corp. an option to acquire a 50% interest. |
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| Location Name: | *Smaby Properties | Area Name: | *Skeena Mining Division |
| Effective Date: | 10/Aug/1995 | Location Ownership Percent: | 100 |
| Expiry Date: | 29/Sep/1998 | Phone: | (not available) |
| Address: | British Columbia Canada North America
| Fax: | (not available) |
| Description: | Agreement between the Company, H. Smit, D. Hooper, P. Jones, C. Bishop and M. Grey. |
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| Location Name: | *ST Claims | Area Name: | *Cariboo Mining Division |
| Effective Date: | 12/Jun/2000 | Location Ownership Percent: | 100 |
| Expiry Date: | 2/Dec/2002 | Phone: | (not available) |
| Address: | British Columbia Canada North America
| Fax: | (not available) |
| Description: | 64 mineral claims located in Wells/Barkerville area of Central British Columbia |
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| Location Name: | *Stu, Spray and Sky, and NWG Claims | Area Name: | *Liard Mining Division |
| Effective Date: | 1/Dec/1992 | Location Ownership Percent: | 50 |
| Expiry Date: | 31/Dec/1995 | Phone: | (not available) |
| Address: | Quebec Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Thumb Peak Project | Area Name: | *Skeena Mining Division |
| Effective Date: | 27/Mar/1984 | Location Ownership Percent: | 100 |
| Expiry Date: | 30/Sep/1996 | Phone: | (not available) |
| Address: | British Columbia Canada North America | Fax: | (not available) |
| Description: | Right to earn 100% interest in five mineral claims. |
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| Location Name: | *Tobin Lake Property | Area Name: | * |
| Effective Date: | 26/Apr/1994 | Location Ownership Percent: | 25 |
| Expiry Date: | 31/Dec/1995 | Phone: | (not available) |
| Address: | Saskatchewan Canada North America
| Fax: | (not available) |
| Description: | |