----

----

| ·   | 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     |

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