The JDN claims are located approximately 10 miles/16 km. northwest of the Pipeline deposit and next to Placer Dome’s Hilltop Mine. The area is reached by travelling Interstate 80 to Secondary Hwy. 306 to Crescent Valley. 50% interest in 27 claims in Lander County. In May 1993 the Company acquired the option to earn a 50% interest in 34 load mining claims. The area wa restaked and reduced in the 1996 fiscal year to the present 27 claims. The fiscal 1997 exploration program funded by the Company enabled it to exercise its right to an undivided 50% interest in the claims.

MILL BAY ventures inc., Nevada Properties: Goldstrike hosts two deposits - the Meikle underground mine (5.3 million ounces) and the Betze-Post open pit mine (23 million ounces). (Figures are combined reserves & resources, as at December 1999), For those not familiar with high-grade vein deposits on the Carlin Trend, an overview of the Ken Snyder Mine is useful for comparison purposes. At Ken Snyder, geological modeling and persistent drilling led to the discovery of the deposit. The Ken Snyder mine is a 650-ton per day underground operation, opened in 1999 at a capital cost of less than US$100 million. Annual production is about 250,000 equivalent ounces of gold at a cash cost of around US$100 per ounce.