Ganes Creek

12162 acres total, 2642 acres in fee simple, 9520 acres State mining claims, the Ganes Creek property consists of 90 patented Federal claims and 238 State of Alaska claims covering approximately 50 km2 ( 2642 + 9520 = 12162 acres), encompassing Ganes Creek for 12 miles, the total Gold reserves on the land is 760,975 oz., as of today 12-26-2006 the $ value would be over $ 473 Million ( 1 troy oz= $ 622.30) there are living quarters for 25 people on the site, 5000 ft. runway capable of receiving C-130 and DC-6 aircraft, road access over Kuskokwim river, geology statements and exploration programs on request, newest density statements from 01-31-2001 performed at the Mineral Industry Research Laboratory at the University of Alaska read as follows: assumptions: gold fineness=870 with principal impurity b. silver gold density = 19.3 grams/cubic centimeter silver density=10.5 grams/cubic centimeter quartz density= 2.65 grams/cubic centimeter water density = 1.00 grams/cubic centimeter more details on request, equipment value on site approx. $ 3.0 M., list on request.