Investment Highlights Emerging mining company (5 years old) Excellent potential for gold-bearing massive sulphide deposit(s) on 100%-held property Southern extension of 3.7 million ounce historic Cariboo Gold Fields $2.4 million invested on exploration to-date Targets ready for drilling

Outline of Presentation Overview Ace project 1998 plans

Overview

Company History Gold discovered! Large massive sulphide boulder field defined Possible deposit indicated below boulder field additional prospects recog. - property expanded Drill targets defined on Ace project Overview

Strong Management and Directors Louis Doyle =President and CEO Peter Hardychuk =30 years successful businessman Grant Hendrickson B. Sc. (Geophysics) P. Geo. =Managing Director, Delta Geoscience Ltd. Stephen Price L.L.B =15 years as a lawyer in BC James Kasten M. Sc. (Geology) =15 years explor. geologist, 4 years IR & corp. affairs Overview

Experienced Support John G. Payne, Ph.D. (Geology) = 24 years consulting geologist Alan S. Dobbs, B.A.Sc. =28 years successful businessman Solicitor: Koffman Kalef Auditor: Deloitte & Touche Transfer Agent: CIBC Mellon Trust Overview

Major Metals Deposits in BC Vancouver USA Yukon USA Barker Minerals Overview

Gold Fields of British Columbia Gold Fields in BC Vancouver USA Yukon USA Barker Minerals Cariboo Gold Field Overview

3.7 Million Ounces of Gold Location Property Boundry Ace Project Overview Mount Polley QR 0 km 20

A Philosophy of Quality All analytical work by highly-respected companies Eco-Tech Laboratories Kamloops Brenda Process Technology, Kelowna Overview

Ace Project

Ace Project – Work to Date Invested over $2.4 million on exploration Geochemical sampling 5,282 (soil, rock, stream) Geophysical surveys 184 line km (Mag/VLF, E-Scan & IP) Surface work 1,364 m trenches, 91 test pits Ace Project

Regional Geology Ace Project MINERAL OCCURRENCES Massive Sulphide or Polymetallic Gold

Vancouver USA USA Barkerville and related terranes Homestake TulsequahChief Kutcho Creek Creek WindyCraggy VMS Deposits Within Similar Rocks Yukon Kudz Ze Kayah Wolverine Ace Project Barker Minerals Rea Goldstream

Ace Project – Significant Mineralization Boulder field: 8 km by 2 km =mineralized quartz-rich sulphide and massive sulphide boulders Coincident bedrock mineralization Pronounced soil and geophysical anomolies Ace Project

Ace Project – Boulder Field Ace Project Cluster of quartz-rich sulphide boulders 53 samples averaged 3.1 g/t gold 53 samples averaged 3.1 g/t gold Cluster of massive to semi-massive boulders Up to 13% combined zinc & lead Up to 13% combined zinc & lead 0 km 2 Boulder Field

Ace Project – Boulder Field Many large angular boulders indicate proximity to source Quartz-rich sulphide vein boulders =53 samples average 3.1 g/t gold =Bismuth to 2,500 ppm, Tellurium to 90 ppm Massive sulphide boulders =up to 13% combined zinc & lead =up to 3 oz/t silver, 0.25% copper Ace Project

Boulder Samples Ace Project

Boulder Samples Ace Project

Boulder Field Ace Project – Bedrock Mineralization Quartz sulphide veins 5.5g/t Gold 2% Zinc/ Lead 6.0g/t Gold Ace Project Massive to semi-massive sulphides 0 km 2

Bedrock Sample Ace Project

Dug 18 Trenches Ace Project

Soil Geochemistry & Geophysical Anomalies Ace Project Soil Anomalies Geophysical Anomaly Zinc (+100 ppm) or lead (+25 ppm) Zinc (+100 ppm) or lead (+25 ppm) Copper (+50 ppm) Copper (+50 ppm) IP/Chargeability (+36mv/V) 0 km 2 Boulder Field

Compelling Evidence Mineralized boulder field Coincident bedrock mineralization Well-defined zinc-lead soil anomaly Strong IP/Chargeability anomaly Ace Project

BC Geological Survey Takes Notice “…massive sulphide mineralization and gold-bearing quartz-rich rocks have similarities to the deep- seated, massive sulphide deposits in the Besshi district of Japan” Hoy and Ferri, 1997 Ace Project

Strathcona Reports on Barker “The most likely targets on the property are the Besshi-type sediment-hosted massive sulphides similar to the Goldstream deposit…” Strathcona, Feb Ace Project

1998 Plans

Ace Project – 1998 Exploration Program Data compilation, geological mapping, geochem & trenching Detailed IP within target area 5 to 10 initial diamond drill holes 1998 Plans

Additional Prospects Property Boundry Ace Project ProspectArea Frank Creek CaribooUpper Grain Black Bear TasseSellers 1998 Plans

Cariboo Prospect Zinc/lead replacement within carbonate host Resource est: 400,000 tonnes at 4% (zinc and lead) Mineralized horizons up to 8 meters thick 1998 Plans Cariboo

Frank Creek Prospect Bedrock up to 4.5% zinc (grab samples) Extensive alteration- within areas of Zinc mineralization Numerous airborne E.M. conductors 1998 Plans Frank Creek

Respect for the Environment Company sensitive to preserving the environment 1998 Plans

1998 Priorities Continue exploration on Ace and prospects Develop marketing program VSE Listing, IPO Commence drilling on Ace project

Why We Will Succeed Excellent potential for gold-bearing massive sulphide deposit(s) on Ace project  Significant targets ready for drilling  Loyal Shareholders  Committed to success 

Reserve slides

Ace Project – Boulder Field Boulder Field Ace Project

Ace Project – Boulder Field Boulder Field Ace Project