----

----

|   | · | 1.5 – 2.0% NSR. Blanket owns the claims totally. |
|--------|--------|--------------------------------------------------------|

----

| CLAIM BLOCK         | NUMBER OF            | CLAIM  | CLAIM/BLOCK                             | EXPIRY DATES | AREA   |
|---------------------|----------------------|--------|-----------------------------------------|--------------|--------|
| PROPERTY NAME       | CLAIM BLOCKS         | TYPE   | NUMBERS                                 |         | (ha)   |
| GWANDA CLAIMS       |                 |   |                                    |         |   |
| Blanket Mine        |                 |   |                                    |         |   |
| Valentine           | 26         | Gold   | GA2767-92                               | 21-Mar-16    | 240.6  |
| Oqueil              | 36    | Gold   | 35928-63                                | 29-Jan-16    | 270    |
| Havard              | 1     | Base   | 5576BM                                  | 02-Feb-15    | 25     |
| Blanket             | 11    | Gold   | GA512'GA547,GA247-8,GA349,              | 06-Apr-16    | 114    |
|                |                 |   | GA5030,1817,31202,3958                  |         |   |
|                |                 | Base   | 6874BM,9627BM                           | 26-Aug-15    |   |
| Feudal              | 6     | Gold   | 31190,19918,21065,GA446,                | 10-May-16    | 77     |
|                |                 | Base   | 10051BM,10358BM                         | 25-Sep-15    |   |
| Lima                | 85         | Gold   | 36066-117,35753-68,34052-67,            | 02-Apr-16    | 828.5  |
|                |                 | Base   | 10925BM                                 | 23-Sep-15    |   |
| Sheet               | 21         | Gold   | 35628-39,34744,34747-51,34856,GA341,    | 03-Apr-16    | 179.6  |
|                |                 | Base   | 9629BM                                  | 26-Aug-15    |   |
| Sabiwa              | 12         | Gold   | GA281,GA513,1978,25610,9628BM,          | 11-Apr-16    | 594    |
|                |                 | Base   | 9628BM,10922-23BM,10894-96BM,10049-50BM | 23-Sep-15    |   |
| Mbudzane Rock       | 43         | Gold   | 36160-202                               | 21-May-16    | 353.9  |
| Jethro              | 1          | Gold   | 19923                                   | 23-Jul-16    | 9      |
| DT                  | 2          | Gold   | 21775                                   | 01-Sep-16    | 10     |
| Smiler              | 1          | Gold   | 32939                                   | 20-Nov-15    | 10     |
| Site Cemetry        | 1          | Site   | 577                                     | 14-Dec-15    | 2      |
| Site Compound       | 1          | Site   | 701                                     | 15-Sep-15    | 10     |
| Site Compound       | 1          | Site   | 575                                     | 14-Dec-15    | 17     |
| Site Compound       | 1          | Site   | 574                                     | 14-Dec-15    | 7      |
| Site Dump           | 1          | Site   | 646                                     | 15-Sep-15    | 18     |
| Site Housing        | 1          | Site   | 573                                     | 17-Mar-15    | 23     |
| Site Housing        | 1          | Site   | 645                                     | 15-Sep-15    | 8      |
| Site Magazine       | 1          | Site   | 578                                     | 14-Dec-15    | 29     |
| Site Slimes         | 1          | Site   | 613                                     | 21-Mar-15    | 28     |
| Blanket Exploration |                 |   |                                    |         |   |
| Penzance            | 3          | Base   | 11264BM,11265BM,8838BM                  | 07-Jan-15    | 99     |
| Bunny's Luck        | 6          | Base   | 10443-48BM                              | 15-Jan-15    | 150    |
| Cinderella          | 5          | Base   | 11122-23BM,10824-26BM                   | 19-Jan-15    | 428    |
| Eagle 16            | 1          | Base   | 11266BM                                 | 21-Jan-15    | 51     |
| Spruit              | 5          | Base   | 10623-24BM,GA532-4BM                    | 24-Feb-15    | 388    |
| Shakeshake          | 3          | Base   | 10625-27BM                              | 24-Feb-15    | 288    |
| Surprise            | 2          | Base   | 10628-29BM                              | 24-Feb-15    | 196    |
| Abercorn            | 2          | Base   | 11269BM,10602BM                         | 11-May-15    | 216    |
| Banshee             | 1          | Base   | 11093BM                                 | 14-Jul-15    | 135    |

----

| Dan's Luck South                | 3     | Base   | GA537-38BM,11268BM          | 11-Mar-15 | 135     |
|---------------------------------|-----------------|--------|-----------------------------|-----------|---------|
| Abercorn                        | 1     | Gold   | 32251                       | 28-Apr-15 | 10      |
| Annette                         | 3     | Gold   | GA3258-60                   | 03-Apr-16 | 24      |
| Dan's Luck                      | 2     | Gold   | 32776,GA3769B               | 13-May-15 | 18      |
| Eagle Hawk                      | 1     | Gold   | 30544                       | 08-Oct-16 | 10      |
| GG                              | 7     | Gold   | GA3769-75                   | 06-Jul-16 | 162.9   |
| Gum                             | 2     | Gold   | GA3060-61                   | 10-Oct-16 | 12      |
| Lincoln                         | 1     | Gold   | 30548                       | 01-Oct-16 | 10      |
| Mascot                          | 3     | Gold   | GA583,29657,32756           | 03-May-16 | 30      |
| Mazeppa                         | 1     | Gold   | 32769                       | 26-May-15 | 3       |
| Rubicon                         | 23    | Gold   | 34519-20,34794-805,34913-21 | 23-Jan-16 | 220     |
| Valentine                       | 3     | Gold   | GA2994-96                   | 11-Jul-16 | 30      |
| Vulture                         | 2     | Gold   | 5031, 8106                  | 13-Jan-16 | 20      |
| Will South                      | 1     | Gold   | 33143                       | 30-Sep-15 | 5       |
| Site                            | 1     | Site   | 649                         | 08-May-15 | 4       |
| Site                            | 1     | Site   | 607                         | 24-Sep-15 | 1       |
| Site                            | 1     | Site   | 608                         | 24-Sep-15 | 1       |
| Site                            | 1     | Site   | 609                         | 24-Sep-15 | 1       |
| Site                            | 1     | Site   | 610                         | 24-Sep-15 | 1       |
| Site                            | 1     | Site   | 512                         | 31-Dec-15 | 1       |
| Bubi Claims                     |            |   |                        |      |    |
| Stu                             | 4     | Base   | 12072-74BM,12021BM          | 07-Jan-13 | 495     |
| Chikosi                         | 7     | Base   | 12011-17BM                  | 30-Jan-13 | 499.5   |
| Sandy                           | 2     | Base   | 12018-19BM                  | 30-Jan-13 | 300     |
| Ruswayi                         | 6     | Base   | 12022-27BM                  | 30-Jan-13 | 544     |
| Lonely                          | 5     | Base   | 12028-30BM,12075-76BM       | 02-Feb-13 | 670     |
| Spawn                           | 3     | Base   | 12031-33BM                  | 30-Jan-13 | 311     |
| Kadoma Claims                   |            |   |                        |      |    |
| Goldern Donkey                  | 2     | Gold   | 1254-55                     | 18-Mar-13 | 8       |
| Headley NE                      | 3     | Gold   | 1256-58                     | 18-Mar-13 | 30      |
| Harare                          |            |   |                        |      |    |
| Apollo                          | 27    | Gold   | 17438-46,28665-79,28734-36  | 27-Sep-13 | 208     |
| Electra                         | 1     | Base   | 19482BM                     | 13-Mar-13 | 12      |
| Apollo                          | 3     | Base   | 28382-84BM                  | 27-Sep-13 | 96      |
| Avlin                           | 15    | Gold   | 28030-28044                 | 08-Sep-13 | 117     |
| TOTAL                           | 419   |   |                        |      | 8793.96 |
|    Exploration claims |            |   |                        |      |
|                            |            |   |                        |      |    |
| GG-GG6, GGA-GGE                 | 11    | Gold   | GA651,GA942-51              | 06-Jul-16 | 110     |

----

----