Here is a brief description of 2 of the new properties. Notice the amount paid for these properties, it may be indicative of their future value.
f) Casino Gold Project, British Columbia, Canada
The Company entered into an agreement dated April 12, 2010 to acquire a 100% interest in certain
mining claims located in the Trail Creek Mining Division, British Columbia for total consideration of
$120,000 (paid).
g) Gold Summit Project, British Columbia, Canada
The Company entered into an option agreement dated July 15, 2010 to acquire a 100% interest in
twelve mineral claims located in the Lillooet Mining Division, British Columbia, Canada, through an
agreement with 824712 BC Ltd. in consideration of the sum of $150,000 due and payable as follows:
- the sum of $90,000 upon signing of the agreement (it was paid on July 16, 2010);
- the sum of $60,000 on or before August 31, 2010 (it was paid on August 31 2010)
