| Property Locations |
| Location Name: | *Cobalt Properties | Area Name: | *Larder Lake Mining Division |
| Effective Date: | 7/Apr/1999 | Location Ownership Percent: | 100 |
| Expiry Date: | 5/Dec/2007 | Phone: | (not available) |
| Address: | Ontario Canada North America
| Fax: | (not available) |
| Description: | Acquisition from Branchwater Resources Ltd. |
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| Location Name: | *Electrum Lake Properties | Area Name: | *Kenora Mining Division |
| Effective Date: | 28/Oct/2003 | Location Ownership Percent: | 100 |
| Expiry Date: | 5/Dec/2007 | Phone: | (not available) |
| Address: | Ontario Canada North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Lightning Claims | Area Name: | *Southwest of Mina |
| Effective Date: | 27/May/1999 | Location Ownership Percent: | 100 |
| Expiry Date: | 7/May/2003 | Phone: | (not available) |
| Address: | Nevada USA North America
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Nazko Lava Rock Property | Area Name: | Quesnel |
| Effective Date: | 7/May/1998 | Location Ownership Percent: | 100 |
| Expiry Date: | | Phone: | (not available) |
| Address: | British Columbia Canada North America
| Fax: | (not available) |
| Description: | Share Exchange Agreement with Canada Pumice Corp. |
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| Location Name: | *Operating Location | Area Name: | * |
| Effective Date: | 4/Apr/1996 | Location Ownership Percent: | 100 |
| Expiry Date: | 8/May/1998 | Phone: | (not available) |
| Address: | Cuba North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Tilt Cove Property | Area Name: | *St.John's |
| Effective Date: | 7/Jul/1999 | Location Ownership Percent: | 100 |
| Expiry Date: | 30/Jul/1999 | Phone: | (not available) |
| Address: | Newfoundland Canada North America
| Fax: | (not available) |
| Description: | Letter agreement to earn 100% interest. |