Cartier Resources is engaged in the acquisition and exploration of mining properties. Co. has not yet determined whether its properties contain ore reserves that are economically recoverable. The recoverability of the amounts shown for mining properties is dependent upon the existence of economically recoverable ore reserves, the ability of Co. to obtain necessary financing to complete the exploration and development of its properties, and upon future profitable production or proceeds from the disposal of properties.

Cornerstone Capital Resources through its subsidiaries is engaged in the evaluation, acquisition and exploration of mineral properties in Canada and Ecuador. Co. plans to ultimately develop the properties as joint ventures, bring them into production, option or lease properties to third parties, or sell the properties outright. Co. has not determined whether these properties contain ore reserves that are economically recoverable and Co. is considered to be in the exploration stage.

Eskay Mining is primarily engaged in the acquisition, exploration and development of mineral properties in British Columbia. Co. is in the process of exploring and developing its mineral properties and has not yet determined whether the properties contain ore reserves that are economically recoverable.

Golden Minerals is an exploration stage mining company. The company owns the El Quevar exploration silver property; the Velardena and Chicago precious metals mining properties and associated oxide and sulfide processing plants; and a portfolio of precious metals and other mineral exploration properties located primarily in or near historical precious metals producing regions of Mexico. The company remains focused on evaluation activities at its El Quevar exploration property in Argentina and on evaluating and searching for mining opportunities in North America. The company is also focused and are continuing its exploration efforts on selected properties located primarily in Mexico.

Renforth Resources is engaged in the acquisition, exploration and development of mineral properties in Canada. The business of mining and exploring for minerals involves a degree of risk and there can be no assurance that exploration programs will result in profitable mining operations. The recoverability of value is dependent upon the preservation of its interest in the underlying properties, the discovery of economically recoverable reserves, the achievement of profitable operations, or the ability of Co. to raise additional financing, if necessary, or alternatively upon Co.'s ability to dispose of its interests on an advantageous basis.