The properties, approximately 20 miles north of Lewistown, Montana, occur between elevations of 5000 to 5400 feet, near the center of the Judith Mountains and form a semi circle along the southern, eastern and northern margins of the Gold Hill intrusive complex. They are easily accessed from two directions, one of which is paved to within a mile of the properties. A three-phase electrical power line traverses through the Maginnis and terminates at the Spotted Horse. Telephone service is available.

MAGINNIS PROPERTY
The Maginnis Mine is comprised of four patented claims totaling 35 acres and owned by Mr. Jerry D. Hanley. There are other claims and lands adjoining the Maginnis totaling approximately 230 acres that could be included in a land package. There are a number of water rights for the Maginnis Mine owned by Mr. Hanley. There are no known encumbrances against the property. The Maginnis Mine produced at least 100,000 ounces of gold and 150,000 ounces of silver from 30,000 tons of ore. This is an average grade of 3.33 ounces per ton of gold (opt Au) and 5.00 ounces per ton silver (opt Ag). The most recent production in 1991 produced 151 ounces of gold from 56 tons of ore (2.70 opt Au).
 
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SPOTTED HORSE AND KENTUCKY FAVORITE PROPERTIES

The Spotted Horse Mine is comprised of two patented and 14 unpatented claims totaling 210 acres. The patented claims are the Spotted Horse and Kentucky Favorite and the unpatented claims are the Viking group. Mr. Patrick Henry and Mr. Dan Bauer acquired this property in 2002. They own several water rights for the Spotted Horse. There are no known encumbrances against the property. The combined Spotted Horse and Kentucky production is estimated at 250,000 ounces of gold and an equal amount of silver from approximately 110,000 tons of ore mined. The most recent 1987 to 1989 production was 8,350 ounces of gold from 26,000 tons.

CUMBERLAND PROPERTY

The Cumberland is comprised of five patented claims and totals 77 acres. Mrs. Janet Fowler Dargitz and Mr. Brent Anderson are the owners. There are no known encumbrances against the property. Production from the Cumberland is at least 20,000 ounces of gold from 50,000 tons of ore. Little information is available regarding the Cumberland .

The mines are on the same geologic trend, share like ore bodies, and are contiguous yet only once in their 125-year history have they been under one management. The owners agree that the properties can be best exploited if controlled by one operator and are interested in entering into an arrangement to explore and develop the mines.

The Maginnis is developed to a depth of about 450 feet. The Spotted Horse is developed 750 feet below its discovery. The Kentucky Favorite is developed to a depth of about 200 feet. The Cumberland was mined to a depth of about 200 feet.