| Property Locations |
| Location Name: | *Fraile Muerto Project | Area Name: | Dom Feliciano Mobile Zone, 350 km from Montevideo |
| Effective Date: | 10/Dec/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Uruguay
South America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Minas de Corrales Gold Project | Area Name: | |
| Effective Date: | 10/Dec/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Uruguay
South America
| Fax: | (not available) |
| Description: | |
|
| Location Name: | *Presidente Terra Project | Area Name: | Dom Feliciano Mobile Zone |
| Effective Date: | 14/May/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Uruguay
South America
| Fax: | (not available) |
| Description: | |
|
| Location Name: | *Retamosa Property | Area Name: | Lavalleja Formation |
| Effective Date: | 11/May/1999 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Uruguay
South America
| Fax: | (not available) |
| Description: | |
|
| Location Name: | *Valentines Property | Area Name: | 240 km north of Montevideo |
| Effective Date: | 11/Dec/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Uruguay
South America
| Fax: | (not available) |
| Description: | |
