TRIDENT PLACER MINE        - - - -         EXECUTIVE SUMMARY

A LARGE NUGGET AND JEWELRY NUGGET GOLD MINE

Location:  Near Congress, Arizona - 80 acres on 3 unpatented claims

Ore Reserves: Mineral Reserves of 60,000 ounces of gold, or US $90 Million at $1,500 per ounce gold

                        Estimated Total Reserves on completion of mining: $600 Million +               

Cash Flow:  Annual net profit projection US $19.7 Million at 100 yards per hour.

Location: Rich Hill is one of the most famous historical gold sites in the US. Its discovery in 1863 led to a gold rush in Arizona.  Nuggets the size of potatoes were found on and below the ground and huge amounts of gold was removed from the surface or surface trenching from 1863 to 1875.  More recently, an eight pound nugget was found in a nearby claim area. The Trident claims represent one of the last unmined areas of the Rich Hill erosion deposit field; and are located on 80 acres in central Arizona, 45 miles south of Prescott, and 10 miles east of Congress.  The site is near a highway and accessible on County maintained roads.  Water is available from a known aquifer on the property, and seasonal creek water.

Mineral Reserve Reporting Standards: There are currently multiple and conflicting standards worldwide for the reporting of mineral reserves. Following a major stock fraud, Canada enacted a very restrictive law entitled NI 43-101 that essentially dismisses testing data older than 2 years.  Under this standard, the Trident Ore Reserves would be characterized as estimated or historical reserves. Despite intensive lobbying by Canada, the US government has not adopted 43-101 standards. Under existing US law, embodied in SEC Industry Guide 7, and based on the reporting standards set forth by the US Society of Mining Engineers, the Trident Ore Reserves would be characterized as Proven and Probable Reserves.

Ore Reserves:  Trident has been thoroughly tested in limited areas by a number of independent professional geologists and corporate mineral interests.  These results show a Mineral Reserve ore calculation of 60,000 ounces from an independent appraisal - or $90 Million at $1,500 per ounce. Only a limited portion of the uniform geology at the site has been tested, meaning an additional 10 million yards of ore is estimated only, for a total Estimated Reserve of $600 Million plus.  Some amount of production will be jewelry gold and large nuggets, which is typically sold for 2-4 times the spot price of gold per ounce, depending on size and shape.  It is possible that the value of the coarse jewelry gold may exceed the value of the free gold. The actual jewelry premium will be unknown until large scale mining commences.

Production Analysis: The average ore tenor is 0.03 ounces of gold per cubic yard.  The average recoverable value of the free gold without an added nugget premium is estimated at $41.40 per yard at $1,500 per ounce.  Average mining costs are $5, environmental and reclamation costs $2, and overhead, contingency and other costs $2. This leaves an average projected net profit of $32.40 per yard. Adding an estimated $5 per yard for a nugget premium results in a net profit of $37.40 per yard. At 100 yards per hour, the operation should yield a net profit $37,400 per 10 hour shift. A double shift operation should yield a net profit of $74,800 per day.  Running the double shift 24 days per month should yield a net profit of $1,795,200 per month.  Assuming about 11 months of actual operation, the annual net profit should be $19,747,200.

Permitting:  The permit jurisdiction is the US Bureau of Land Management. There are no anticipated impediments to BLM permitting.

Price: US $3,500,000

The following technical documents and reports are available for review:

2005 Jenkins Technical Summary and Geology Report
2007 First Jenkins Addendum to 2005 Technical Summary
2008 Second Jenkins Addendum to 2005 Technical Summary
2005 Steven Lewis Geology Report and Sample Results
1990 Triad Minerals Geology Report
1982 Earth Search Geology Report
1982 Uranis Exploration Geology Report
Uranis Exploration Restated Assay Chart
1931 American Mineralogist Article about this Rich Hill site

Other information available for review:

BLM LR2000 Database Report Verifying Ownership

2009 Independent Appraisal Report

Area and Site Maps

Area and Site Photographs (see limited photos below)

If you are interested in purchasing the Trident Placer Mine, or in obtaining further information, please click here for contact information.

Hillside Cut Test Trench Areas

Hi Bar Gravel Deposit

Streambed Gravels

Nuggets found on nearby Rich Hill area claims