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Minera Vagabundo S.A. de C.V.

Minera Vagabundo S.A. de C.V.

Bramador Property, Jalisco. Four contiguous exploration titles totaling 292 ha in the Talpa de Allende Area of Jalisco State around 45 km SSE of Puerto Vallarta. Area prospective for a polymetallic VMS Kuroko-Type target with Au, Ag, Cu, Pb, Zn and minor Ba, Sb, and Hg. Looking for partner to conduct exploration under a purchase option agreement.

FAX dated June 15, 1998