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[Yukon Justice Logo]

BUSINESS CORPORATIONS ACT 
FORM 3

Certificate of Continuance

GOLDBELT RESOURCES LTD.

I hereby certify that the above-mentioned corporation was
continued into Yukon, as set out in the attached Articles of Continuance, under
section 190 of the Business Corporations Act.

|[Seal]                          |                          
|------------------------------- | -------------------------
|                                | [Signed]                 
|Corporate Access Number: 29005  | M. Richard Roberts       
|Date of Continuance: 2001-08-27 | Registrar of Corporations

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BUSINESS CORPORATIONS ACT 
(Section 190)

Form 3-01

ARTICLES OF CONTINUANCE

|1. | Name of Corporation:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | Goldbelt Resources Ltd.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|2. | The classes and any maximum number of
    shares that the corporation is authorized to issue:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | An unlimited number of common shares
    without par or nominal value                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|3. | Restrictions, if any, on share
    transfers:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | None                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|4. | Number (or minimum or maximum number)
    of Directors:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | A minimum of three (3) and a maximum
    of ten (10)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|5. | Restrictions, if any, on businesses
    the corporation may carry on:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | None                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|6. | If change of name effected, previous
    name:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | None                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|7. | Details of Incorporation:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | Incorporated under the Company Act
    (British Columbia) on July 23, 1976 as a specially limited company withthe name Goldbelt Mines Inc. (Non-Personal Liability), converted to a
    limited company pursuant to the Company Act (British Columbia) with the name
    Goldbelt Mines Inc. on October 5, 1984, amalgamated with North American
    Metal Corporation on October 22, 1984 as one company with the name Goldbelt
    Mines Inc., changed its name to Goldbelt Resources Ltd. on July 15, 1991 and
    amalgamated with Comptoir International du Commerce Ltee on July 9, 1997 as
    one company with the name Goldbelt Resources Ltd.                                                                                                  
|8. | Other provisions, if any:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | The Directors of the Corporation may,
    between annual general meetings of the Corporation, appoint one ormore additional directors to serve until the next annual general meeting but
    the number of additional directors shall not at any time exceed one third of
    the number of directors who held office at the expiration of the last annual
    general meeting, and in no event shall the total number of directors exceed
    the maximum number of directors fixed pursuant to paragraph 4 of the
    Articles of Continuance.
    Meeting of
    Shareholders may be held at Vancouver, British Columbia, Canada, or such
    other place or places as the directors in their absolute discretion may
    determine from time to time.

|9. | Date          | Signature      | Title                         
|-- | ------------- | -------------- | ------------------------------
|   | June 22, 2001 | [Signed]       | Director                      
|   |               | BRIAN C. IRWIN |                               
|   |               |                | [Stamp: Filed August 27, 2001]

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