| Property Locations |
| Location Name: | *Bobby's Pond | Area Name: | *Victoria Property |
| Effective Date: | 18/Aug/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | 7/Dec/2000 | Phone: | (not available) |
| Address: | Newfoundland Canada North America
| Fax: | (not available) |
| Description: | Acquisition from Canico. |
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| Location Name: | *Buchans Barite Plant | Area Name: | * |
| Effective Date: | 18/Dec/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | 7/Dec/2000 | Phone: | (709) 672 3871 (primary) |
| Address: | P.O. Box 128 Buchans,Newfoundland Canada A0H 1G0 North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Buchans Brook Tailings Development | Area Name: | *North shore of Red Indian Lake |
| Effective Date: | 24/Oct/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | 7/Dec/2000 | Phone: | (not available) |
| Address: | Newfoundland Canada North America
| Fax: | (not available) |
| Description: | Acquired a 100% interest from Newfoundland Mining & Exploration Ltd. |
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| Location Name: | *Frenchman's Cove Molybdenum/Copper Project | Area Name: | *South Coast of Newfoundland |
| Effective Date: | 30/Jan/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | 7/Dec/2000 | Phone: | (not available) |
| Address: | Newfoundland Canada North America | Fax: | (not available) |
| Description: | Acquired from Royal Oak Mines Inc. |
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| Location Name: | *Poly Property | Area Name: | *Skeena Mining Division |
| Effective Date: | 29/Jan/2003 | Location Ownership Percent: | 100 |
| Expiry Date: | 16/Dec/2003 | Phone: | (not available) |
| Address: | British Columbia Canada North America
| Fax: | (not available) |
| Description: | Option agreement with Island Arc Exploration Inc. |