| Property Locations |
| Location Name: | *El Rubi Project | Area Name: | *Talpa de Allende |
| Effective Date: | 11/Dec/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 1/May/2000 | Phone: | (not available) |
| Address: | Jalisco
Mexico
North America | Fax: | (not available) |
| Description: | |
 |
| Location Name: | *Farim Phosphate Mine | Area Name: | *Cacheu River |
| Effective Date: | 1/Dec/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | 7/Dec/2004 | Phone: | (not available) |
| Address: | Guinea-Bissau
Africa | Fax: | (not available) |
| Description: | |
|
| Location Name: | *Operating Location (AB) | Area Name: | * |
| Effective Date: | 3/Apr/1989 | Location Ownership Percent: | 100 |
| Expiry Date: | 11/Dec/1997 | Phone: | (not available) |
| Address: | Alberta
Canada
North America | Fax: | (not available) |
| Description: | |
|
| Location Name: | *Operating Location (Hon.) | Area Name: | * |
| Effective Date: | 2/May/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | 11/Dec/1997 | Phone: | (not available) |
| Address: | Honduras
North America | Fax: | (not available) |
| Description: | |
|
| Location Name: | *Takatu Project | Area Name: | Northwest Guyana - Matthews Ridge |
| Effective Date: | 23/Oct/1998 | Location Ownership Percent: | 41 |
| Expiry Date: | | Phone: | (not available) |
| Address: | Guyana
South America | Fax: | (not available) |
| Description: | JV with TNR Resources Ltd. (40.18%), and 474013 Ltd. (18%). |
