Maggie Property.

This property is located in Eureka County, Nevada, approximately 7 miles north of Carlin, Nevada.  More particularly the location is Sec. 12 and 14, Township 33 North, Range 51 East.  This property is just south of Newmont Mining’s Gold Quarry deposit and on strike going southeast in a straight line from the Tusc Pit to the Mac Pit to their Gold Quarry Mine. Our interest in this property consists of a 3% net smelter return royalty by agreement with Newmont Mining dated April, 1990.