| Property Locations |
| Location Name: | *ITS, Seal Lake & Fafner Prospect | Area Name: | *Buffalo Hills/Peace River Area |
| Effective Date: | 13/Feb/1998 | Location Ownership Percent: | 40 |
| Expiry Date: | 18/Jan/1999 | Phone: | (not available) |
| Address: | Alberta Canada North America | Fax: | (not available) |
| Description: | Has an option to earn a 50% interest from Claymore Resources Ltd. |
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| Location Name: | *Macromin Property | Area Name: | *Antofagasta Region (Northern Chile) |
| Effective Date: | 15/Oct/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | 23/Dec/2002 | Phone: | (not available) |
| Address: | Chile South America | Fax: | (not available) |
| Description: | Lucero may earn a 100% interest in this property from Sol Resources Inc. (a private company). |
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| Location Name: | *Operating Location (BC) | Area Name: | * |
| Effective Date: | 17/Mar/1987 | Location Ownership Percent: | 100 |
| Expiry Date: | 23/Dec/2002 | Phone: | (not available) |
| Address: | British Columbia Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (Man.) | Area Name: | * |
| Effective Date: | 17/Apr/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 23/Dec/2002 | Phone: | (not available) |
| Address: | Manitoba Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (Mex.) | Area Name: | * |
| Effective Date: | 17/Apr/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 23/Dec/2002 | Phone: | (not available) |
| Address: | Mexico North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (Nfld) | Area Name: | * |
| Effective Date: | 17/Mar/1987 | Location Ownership Percent: | 100 |
| Expiry Date: | 23/Dec/2002 | Phone: | (not available) |
| Address: | Newfoundland Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (NWT) | Area Name: | * |
| Effective Date: | 17/Mar/1987 | Location Ownership Percent: | 100 |
| Expiry Date: | 23/Dec/2002 | Phone: | (not available) |
| Address: | Northwest Territories Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (PQ) | Area Name: | * |
| Effective Date: | 17/Mar/1987 | Location Ownership Percent: | 100 |
| Expiry Date: | 23/Dec/2002 | Phone: | (not available) |
| Address: | Quebec Canada North America | Fax: | (not available) |
| Description: | |