MARIETTA Property:

West Central Nevada, near Mina. Approximately 2,500 acres

• Previous work by a company in the 1970’s indicated significant uranium intersections in limited drilling.

• The Marietta property was first mined for silver copper ores in the late 1800's. Shear structures up to a few meters in width carrying bornite and oxide copper were the principal source of ore mined. After World War II it was discovered that these high grade ores carried uranium values

TEELS MARSH Property:

West Central Nevada, approximately 8,000 acres. Contiguous to Marietta Property.

• The 72 unpatented claims lie on the west end of the playa and on the east side of the granitic intrusive. The East flank of the intrusive terminates against extensional faulting that dropped the adjacent shales and volcanic rock down and much of this regional structure is obscured by piedmont gravels and sands that lie on the west side of a small playa basin. Uranium deposition from ground waters draining into the playa is targeted.

• In 1973, a Conoco geologist reported 10 to 20 feet of 0.1% uranium at a depth of about 100 feet in the Pleistocene and recent lake beds in Teels Marsh.