| Property Locations |
| Location Name: | *Agua Verde Project | Area Name: | *Ayacucho |
| Effective Date: | 24/Jun/1994 | Location Ownership Percent: | 100 |
| Expiry Date: | 8/Jul/2002 | Phone: | (not available) |
| Address: | Lima Peru South America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Lara Porphyry Copper Prospect | Area Name: | *Coastal Peru - 400km southeast of Lima |
| Effective Date: | 7/May/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 8/Jul/2002 | Phone: | (not available) |
| Address: | Pasco Peru South America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Lima Office | Area Name: | *San Isidro |
| Effective Date: | 24/Jun/1999 | Location Ownership Percent: | 100 |
| Expiry Date: | 8/Jul/2002 | Phone: | (1) 440-2128 (primary) |
| Address: | Manuel Banon No. 445 San Isidro Lima Peru South America | Fax: | (1) 442-9127 (primary) |
| Description: | |
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| Location Name: | *Ollachea Property | Area Name: | * |
| Effective Date: | 7/May/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | 8/Jul/2002 | Phone: | (not available) |
| Address: | Puno Peru South America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (Ecuador) | Area Name: | * |
| Effective Date: | 8/Dec/1995 | Location Ownership Percent: | 100 |
| Expiry Date: | 31/Dec/1997 | Phone: | (not available) |
| Address: | Ecuador South America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (Nfld) | Area Name: | * |
| Effective Date: | 25/May/1995 | Location Ownership Percent: | 100 |
| Expiry Date: | 2/Jun/2000 | Phone: | (not available) |
| Address: | Newfoundland Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Silvertip Project | Area Name: | * |
| Effective Date: | 24/Jun/1999 | Location Ownership Percent: | 40 |
| Expiry Date: | 8/Jul/2002 | Phone: | (not available) |
| Address: | British Columbia Canada North America
| Fax: | (not available) |
| Description: | silver-zinc-lead project. minimum commitment to Imperial Metals of $450,000 in 1999 |
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| Location Name: | *Tingo Property | Area Name: | *ICA |
| Effective Date: | 17/Jun/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 8/Jul/2002 | Phone: | (not available) |
| Address: | Peru South America | Fax: | (not available) |
| Description: | |