| Property Locations |
| Location Name: | *Ambon Island Property | Area Name: | * |
| Effective Date: | 10/May/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | 10/May/1998 | Phone: | (not available) |
| Address: | AmbonIndonesia Asia | Fax: | (not available) |
| Description: | |
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| Location Name: | *Big Onion Project | Area Name: | *16 km East of Smithers |
| Effective Date: | 1/Jun/1984 | Location Ownership Percent: | 100 |
| Expiry Date: | 11/Feb/2003 | Phone: | (not available) |
| Address: | British Columbia Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *El Rosario Copper-Magnetite Project | Area Name: | *Northern Sinaloa State |
| Effective Date: | 16/Jun/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | 11/Feb/2003 | Phone: | (not available) |
| Address: | Sinaloa Mexico North America | Fax: | (not available) |
| Description: | Mine property and mill facility. |
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| Location Name: | *Guarimba Property | Area Name: | * |
| Effective Date: | 10/May/1996 | Location Ownership Percent: | 40 |
| Expiry Date: | 11/Feb/2003 | Phone: | (not available) |
| Address: | Venezuela South America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Koala project | Area Name: | *100 K SSW of Chihuahua |
| Effective Date: | 12/May/1998 | Location Ownership Percent: | 70 |
| Expiry Date: | 11/Feb/2003 | Phone: | (not available) |
| Address: | Chihuahua Mexico North America | Fax: | (not available) |
| Description: | Partnered with NovaGold Resources |
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| Location Name: | *La Reyna de Oro Property | Area Name: | * |
| Effective Date: | 10/May/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | 11/Feb/2003 | Phone: | (not available) |
| Address: | Chihuahua Mexico North America | Fax: | (not available) |
| Description: | Joint Venture Partner with Minera La Metalica de Chihuahua S.A. de C.V. |
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| Location Name: | *Tasisuak Lake Property | Area Name: | * |
| Effective Date: | 1/Jun/1984 | Location Ownership Percent: | 51 |
| Expiry Date: | 11/Feb/2003 | Phone: | (not available) |
| Address: | Newfoundland Canada North America | Fax: | (not available) |
| Description: | |