1UNITED STATES
                                 --------------
                        SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C.  20549
                                    FORM 20-F/A

             ANNUAL REPORT PURSUANT TO SECTION 13 OF THE SECURITIES
                              EXCHANGE ACT OF 1934

                   For the Fiscal Year Ended November 30, 1999
                   -------------------------------------------
                           Commission File No. 0-29986

                          TRIBAND RESOURCE CORPORATION
             (Exact name of Registrant as specified in its charter)

                                 Alberta, Canada
                 (Jurisdiction of incorporation or organization)

   Suite 1370, 885 West Georgia Street, Vancouver, British Columbia,  V6E 3E8
                    (Address of principal executive offices)

 Securities registered or to be registered pursuant to Section 12(b) of the Act:
                                      None

 Securities registered or to be registered pursuant to Section 12(g) of the Act:

                        Common Shares, without par value
                                (Title of Class)

  Securities for which there is a reporting obligation pursuant to Section 15(d)
                                of the Act:  None

Indicate  the  number  of  outstanding shares of each of the Issuer's classes of
capital  or  common  stock  as  of  November  30,  1999:    12,893,007.

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding  12  months  (or  for such shorter period that the registrant was
required  to  file  such  reports),  and  (2)  has  been  subject to such filing
requirements  for  the  past  90  days.

                                Yes      No     X
                                    ----     ----

Indicate by check mark which financial statement item the registrant has elected
to  follow.

                         Item 17    X   Item 18
                                 ----           ----

                                                        The Index to Exhibits is


                                                                    Page 1 of 55
<PAGE>
                                                                Found at page 55

                           CURRENCY AND EXCHANGE RATES
                           ---------------------------


All  dollar  amounts  set  forth  in this report are in Canadian dollars, except
where  otherwise  indicated.  The  following  table  sets forth (i) the rates of
exchange  for  the  Canadian dollar, expressed in the U.S. dollars, in effect at
the  end  of  each of the periods indicated;  (ii) the average exchange rates in
effect  on  the  last day of each month during such periods;  (iii) the high and
low  exchange  rate  during  such periods, in each case based on the noon buying
rate  in  New York City for cable transfers in Canadian dollars as certified for
customs  purposes  by the Federal Reserve Bank of New York.  Prices based on the
Corporation's  fiscal  year  end  (November  30),  and  quoted  in U.S. Dollars.



                             1999    1998   1997   1996   1995   1994

Rate at end of Period       $0.6862  $0.65  $0.70  $0.74  $0.74  $0.73

Average Rate During Period  $0.6718  $0.68  $0.72  $0.73  $0.73  $0.73

High Rate                   $0.6535  $0.63  $0.70  $0.72  $0.70  $0.72

Low Rate                    $0.6890  $0.71  $0.75  $0.75  $0.75  $0.76


On  September 30, 2000, the noon buying rate in New York City for cable transfer
in  Canadian  dollars  as  certified for customs purposes by the Federal Reserve
Bank  of  New  York  was  $0.6862  USD  =  $1.00  CDN.

FORWARD  LOOKING  STATEMENTS
----------------------------

Forward-Looking  Information  is  Subject to Risk and Uncertainty.  When used in
this  Annual  Report,  the  words  "estimate,"  "project,"  "intend,"  "expect,"
"anticipate"  and  similar  expressions are intended to identify forward-looking
statements.  Readers  are  cautioned  not  to  place  undue  reliance  on  these
forward-looking  statements,  which  speak  only  as  of the date of this Annual
Report. These statements are subject to risks and uncertainties that could cause
actual  results  to  differ  materially  from  those  contemplated  in  such
forward-looking  statements.  Such  risks and uncertainties include, but are not
limited  to,  those identified under the heading "Certain Risks of Operation" in
Item  1  hereof.


                                                                    Page 2 of 55
<PAGE>
<TABLE>
<CAPTION>
                                GLOSSARY OF TERMS
                                -----------------

<S>                      <C>
AG                       chemical symbol for silver

AMPHIBOLITE              a type of metamorphic rock formed by high temperature and pressure from an
                         original  iron magnesium rich igneous rock

ANTIMONY                 a chemical element, chemical symbol Sb

ARABLE LAND              land which is suitable for the cultivation of crops (farm land)

ARGILLIC CLAY FORMATION  clay minerals formed by alteration of original rock

ARGILLITE                a sedimentary rock comprised of siltstone, claystone or shale that has been
                         compacted

ARSENIC                  a chemical element, chemical symbol As

ARSENOPYRITE             a mineral composed of iron, arsenic and sulfur (FeAsS)

AS                       chemical symbol for arsenic

AU                       chemical symbol for gold

BA                       Chemical symbol for barium

BARITE                   a mineral composed of barium, sulfur and oxygen (BaSO4)

BI                       Chemical symbol for bismuth

BIOTITE GRANITE          a granitic igneous rock containing large amounts of biotite

BISMUTH                  a chemical element, chemical symbol Bi

CADMIUM                  a chemical element, chemical symbol Cd

CALCARENITE              clastic sedimentary rock containing calcium carbonite

CALC-SILICATE MINERALS   a term referring to a group of minerals containing calcium and silica formed in a
                         carbonate rock

CARBONATE-MUSCOVITE      a mixture of calcium carbonate and illite-muscovite clays in altered rocks

CHALCOPYRITE             a mineral composed of copper, iron and sulfur (CuFeS2)

CHLORITE                 a greenish, platy, mica-like mineral containing iron, magnesium, aluminum and
                         silica.

CU                       chemical symbol for copper

EPIDOTE                  a calcium, aluminum silica mineral, common in metamorphic rocks

FEOX                     general chemical term for group of minerals containing iron and oxygen and/or
                         water

FLUORITE                 a mineral composed of calcium and fluorine (CaF2)

GRANITE                  an igneous rock consisting of quartz and orthoclase with  ornblende or biotite
                         as mafic constituents.

GRANODIORITE             a plutonic igneous rock consisting of quartz, calcic feldspar, and orthoclase with
                         biotite, hornblende or pyroxene as mafic constituents


                                                                    Page 3 of 55
<PAGE>
GREENSTONE               iron and magnesium rich igneous rock whose composition has been changed in a
                         sequence of sedimentary rocks.

HEMATITE                 a mineral composed of iron and oxygen (Fe2O3)

HG                       chemical symbol for mercury

HYDROTHERMAL             a term applied to heated water or fluid

JAROSITE                 a mineral composed of potassium iron, sulfur and oxygen (K, Fe3 (SO4)(OH)6

LIMONITE                 a generic term for brown hydrous iron oxide, not specifically identified

LOWER TERTIARY AGE       the early part of the Tertiary geological time period spanning 66 to 44 million
                         years before the present

MESOTHERMAL              conditions of ore deposition of intermediate temperatures and depths

MESOZOIC                 Era of geologic time spanning 245 to 66 million years before the present

METASOMATISM             introduction of a fluid into a rock which totally changes the composition of the
                         rock

MICROCRYSTALLINE QUARTZ  small crystals of the mineral quartz

MINERALS                 means a homogeneous naturally occurring chemical substance

ORE                      means a mineral or aggregate of minerals which can be mined at a profit

MO                       chemical symbol for molybdenum

PALAEOZOIC               Era of geologic time spanning 570 to 245 million years before the present

PB                       chemical symbol for lead

PLUTONIC ROCKS           igneous rocks formed below the earth's surface

PPB                      an abbreviation for units of measure in parts per billion

PPM                      abbreviation for units of measure in parts per million

PRE-TERTIARY             a term applied to rocks of geological events older than Tertiary Age (more than
                         66 million years before the present.

PRODUCT                  means a metallic or non-metallic substance extracted from ore.

PYRITE                   a mineral composed of iron and sulfur (FeS2)

PYRITIZATION             formation of the mineral pyrite in rocks

PYRRHOTITE               a mineral composed of iron and sulfur (FeS)

QUARTZ DIORITE           a plutonic igneous rock similar to granodiorite but with larger amounts of mafic
                         constituents.

QUARTZ-ANKERITE          a mixture of quartz (SiO2) and ankerite (Ca, Fe, Mg) CO3 in altered rocks

QUATERNARY AGE           a period of geologic time from 1.6 million years ago to the present

SB                       chemical symbol for antimony

SELENIUM                 a chemical element, chemical symbol Se

SILICIFICATION           the introduction of or replacement by silica

THALLIUM                 a chemical element, chemical symbol Tl


                                                                    Page 4 of 55
<PAGE>
ULTRAMAFICS              group of igneous rocks containing very small amounts of silica and large
                         amounts of magnesium and iron

VESICULAR BASALT FLOWS   a surface flow of dark gray volcanic rocks of mafic composition with open voids
                         from gas bubbles

ZN                       chemical symbol for zinc
</TABLE>


                                                                    Page 5 of 55
<PAGE>

<TABLE>
<CAPTION>
                                          TABLE OF CONTENTS

                                               PART I

                                                                                        PAGE


<S>                                                                                     <C>
ITEM 1    Description of Business . . . . . . . . . . . . . . . . . . . . . . . . . .    7

ITEM 2    Description of Properties . . . . . . . . . . . . . . . . . . . . . . . . .   13

ITEM 3    Legal Proceedings . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   37

ITEM 4    Control of Registrant . . . . . . . . . . . . . . . . . . . . . . . . . . .   37

ITEM 5    Nature of Trading Market. . . . . . . . . . . . . . . . . . . . . . . . . .   37

ITEM 6    Exchange Controls and Other Limitations Affecting Security-Holders. . . . .   38

ITEM 7    Taxation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   39

ITEM 8    Selected Financial Data . . . . . . . . . . . . . . . . . . . . . . . . . .   41

ITEM 9    Management's Discussion and Analysis of Financial Condition and Results . .   42

ITEM 9A  Quantitative and Qualitative Disclosure About Market Risk. . . . . . . . . .   47

ITEM 10   Directors and Officers of Registrant. . . . . . . . . . . . . . . . . . . .   47

ITEM 11   Compensation of Directors and Officers. . . . . . . . . . . . . . . . . . .   48

ITEM 12   Options to Purchase Securities from Registrant or Subsidiaries. . . . . . .   51

ITEM 13  Interest of Management in Certain Transactions . . . . . . . . . . . . . . .   51

                                            PART II

ITEM 14  Description of Securities to be Registered . . . . . . . . . . . . . . . . .   53

                                            PART III

ITEM 15  Defaults Upon Senior Securities. . . . . . . . . . . . . . . . . . . . . . .   53

ITEM 16  Changes in Securities and Changes in Security for Registered Securities. . .   53


                                            PART IV

ITEM 17 Financial Statements. . . . . . . . . . . . . . . . . . . . . . . . . . . . .   53

ITEM 18  Exhibits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   53
</TABLE>



                                                                    Page 6 of 55
<PAGE>
                                     PART I
                                     ------

ITEM  1   DESCRIPTION  OF  BUSINESS
          -------------------------

NAME  AND  INCORPORATION

Triband Resource Corporation (the "Corporation") was incorporated under the laws
of  the  Province of Alberta on October 7, 1994 under the name of 627743 Alberta
Ltd.  On  February  10,  1995,  627743  Alberta Ltd. changed its name to Triband
Capital  Corp.  On  July  18,  1996  Triband  Capital  Corp. changed its name to
Triband  Resource  Corporation.  The  authorized  capital  of  the  Corporation
consists  of  an  unlimited  number  of  common  shares ("Common Shares") and an
unlimited  number  of  preferred  shares, without par value.  As of November 30,
1999,  its  fiscal  year  end  there  were  12,893,007  Common Shares issued and
outstanding  and  no  preferred  shares  issued  and  outstanding;  there  are
13,791,457  Common  Shares  issued  and  outstanding  as  of September 30, 2000.

The  registered office of the Corporation is located at 1600 Canada Place, 407 -
2nd  Street  S.W.,  Calgary,  Alberta,  T2P  2Y3  and  the  head  office  of the
Corporation  is  located  at  Suite  1370,  885  West Georgia Street, Vancouver,
British  Columbia,  V6C  3E8.  The  Corporation  has  two  wholly  owned, direct
subsidiaries:  Triband  Resource  US  Inc., a corporation incorporated under the
laws  of  the State of Nevada on November 5, 1997, and Triband de M xico S.A. de
C.V.,  a  corporation  incorporated  under  the  laws of the Hermosillo, Sonoro,
Mexico  on August 5, 1997.  The registered office of Triband Resource US Inc. is
located  at  1  East Liberty Street, Suite #424, Reno, Nevada, , , 89504 and the
registered  office  of Triband de M xico S.A. de C.V is located at Blvd. Hidalgo
No.  64,  Col.  Centenario,  Hermosillo,  Sonora,  83260,  MexicoINTERCORPORATE
RELATIONSHIPS

--------------------------------------------------------------------------------
                          TRIBAND RESOURCE CORPORATION
                                    (ALBERTA)
--------------------------------------------------------------------------------
                  |                                       |
                  |   100%                         100%   |
                  |                                       |
--------------------------------------------------------------------------------
               TRIBAND DE MEXICO          TRIBAND RESOURCE US INC.
                    (MEXICO)                     (NEVADA)
--------------------------------------------------------------------------------


BUSINESS  OF  THE  CORPORATION
------------------------------

DESCRIPTION  AND  GENERAL  DEVELOPMENT
--------------------------------------

The  Corporation  is  a  natural  resource  corporation currently engaged in the
acquisition  and  exploration  of  mineral  properties.  It  presently  has  no
producing  properties,  and there can be no assurance that a commercially viable
body  of  ore  (a  reserve)  exists in any of the Corporation's properties until
appropriate  drilling  and/or  underground  testing  is done and a comprehensive
evaluation  based  upon unit cost, grade recoveries and other factors determines
economic  feasibility.

The  Corporation  was incorporated on October 7, 1994.  The Common Shares of the
Corporation  were listed and posted for trading on the junior capital pool board
of  the  Alberta Stock Exchange on September 22, 1995 and  are currently trading
on  the  Canadian  Venture Exchange under the trading symbol "TBD" trades on the
NASD's  OTC  Electronic  Bulletin  Board  under the symbol TRBPF.  On August 22,
1996,  the  Corporation acquired the Standard Creek Property in British Columbia
(the  "Major  Transaction").  Upon  completion  of  the  Corporation's  Major


                                                                    Page 7 of 55
<PAGE>
Transaction,  the  Corporation  was  no  longer considered a junior capital pool
corporation pursuant to the Alberta Stock Exchange Junior Capital Pool Policies,
so  its  Common  Shares thereafter traded on the Alberta Stock Exchange, now the
Canadian Venture Exchange, as a normal course issuer.  Prior to August 22, 1996,
the  Corporation  conducted  no business operations of any kind other than those
acts  consistent  with the Corporation's attempts to acquire commercially viable
business  interests  in  the  natural  resource  industry.


During  the  three  preceding  fiscal  years  the  Corporation  has  pursued its
operations  through  the  acquisition  and  exploration of mineral properties in
Canada,  Vietnam  and the United States.  Presently, the Corporation's principal
mineral  properties,  all  of which are in the exploration stage, are located in
British  Columbia,  and  Nevada.


On November 28, 1997, the Corporation acquired three exploration licenses in the
Bac  Giang  Province  in  Vietnam.  The  Corporation  satisfied  the  minimum
exploration expenditures required on the Bac Giang Project during the first year
of the licenses (See page 35); however, because of the unsatisfactory results of
the  Corporation's  exploration  program, as well as the uncertainties regarding
renewal  of  its  exploration  licenses  by  the  Vietnamese  government,  the
Corporation  decided  not  to  expend any further amounts on the project.  As of
February  28,  1999,  the  Corporation  wrote off $154,129 and abandoned the Bac
Giang Project. The Corporation is conducting no further activities in Vietnam at
this  time.

Triband  Resource US Inc. was incorporated to carry on the Corporation's mineral
exploration  and  property  acquisition  activities  in  the  State  of Nevada,.
Triband  de  Mexico S.A. de C.V. was established to carry out similar activities
on behalf of the Corporation in Mexico.  Currently the Corporation does not have
any  properties  in  Mexico  but  is  seeking new properties through its Mexican
subsidiary.


The  table  below  illustrates  the  Corporation's expenditures on   exploration
activities  for  the  last  three  fiscal  years.  The  figures  below have been
prepared in accordance with generally accepted accounting principles ("GAAP") in
Canada.  A  major  difference  under  Canadian  generally  accepted  accounting
principals  is  that the costs of acquiring and exploring mineral properties are
capitalized  prior  to commercial feasibility and written down if the properties
are  abandoned,  sold  or  if  management  decides not to pursue the properties.
Under  United  States  generally accepted accounting principles, exploration and
prospecting  costs  are charged to expense as incurred, as are exploration costs
for  projects  not  yet  determined  by  management to be commercially feasible.
Except  as  stated above and explained in Note 10 of the Corporation's financial
statements,  the  figures  below  are  consistent  with  U.S.  GAAP.


<TABLE>
<CAPTION>
                             1999     1998     1997     1996   1995
<S>                         <C>      <C>      <C>      <C>     <C>

General Exploration          50,062   76,246        -  50,059     -

Mineral Properties           97,106  166,902   50,433  31,746     -

Deferred Exploration Costs  224,791  454,547  779,045       -     -
</TABLE>

The  Corporation  has  not  prepared  a  budget  for  all  its properties due to
depressed gold prices.  The cost of developing gold and other mineral properties
is  affected by the cost of operations, variations in ore grade, fluctuations in
metal  markets  and  the  cost  of  processing equipment. Government regulations
regarding  prices,  taxes,  royalties,  allowable  production,  importing  and
exporting  of  minerals, land use, land tenure and environmental protection also
affect  economic  viability.

The  Corporation's  properties and plan of operations for the foreseeable future
are  described  in  Item  2,  below.


                                                                    Page 8 of 55
<PAGE>
CHANGE  OF  BUSINESS
--------------------

In  April  2000, the Company decided to change its business focus to internet or
high  tech  ventures  and  completed a filing with the Canadian Venture Exchange
regarding  the  Company's  intention  to  change  its  business.

On  May  2,  2000,  the  Company entered into a letter of intent with eFinancial
Training.com  Inc.  ("eFinancial")  and  the  sole  shareholder  of  eFinancial,
pursuant  to  which  the  Company  has  agreed  to acquire all of the issued and
outstanding  shares  of  eFinancial  for  a  purchase  price of $1,575,000 to be
payable  by  3,500,000 common shares of the Company at the deemed price of $0.45
per  share.  The  3,500,000  common  shares  will  be  subject  to a contractual
performance  escrow  agreement,  pursuant  to  which  the  common shares will be
released  upon  the achievement by eFinancial of certain performance criteria to
be  determined.

Concurrent  with the acquisition, the Company announced its intention to proceed
with  a  private  placement  of  1,800,000 units at the price of $0.45 per unit.
Each  unit  consists  of  one  common share and one share purchase warrant which
entitles  the  warrant holder to purchase one common share at the price of $0.55
per  share  for  the  first  year  and  $0.80  per  share  for  the second year.

In  August  2000,  the Company determined not to proceed with the acquisition of
eFinancial  and  the  private placement due to certain difficulties.   All costs
relating  to  this  acquisition  totaling  $40,163  were  written off during the
period.

The  Company  intends  to  continue  to  review  potential  businesses.

INVESTMENTS
-----------

In July 1999, the Company acquired 240,000 shares in Puresource, Inc., a company
which owns a "SteriSure Process", at the cost of $146,450.  SteriSure Process is
a proprietary technology, which uses a combination of patented, and trade secret
technologies,  including  application  of  gamma  irradiation,  to  safely  and
completely  sterilize  biologics  without destroying their integrity and without
using  toxic  chemicals.  Puresource is currently in the process of completing a
transaction  with  SteriSure,  Inc.  a California company that has the marketing
skills  and  financial  resources  to  accelerate  the  commercialization of the
technology.

WHISKY  CANYON
--------------

The  Company is also actively seeking a joint venture partner for this property.
In  order  to  make  the  property  more attractive, the Company has acquired an
option  to purchase a group of patented mining claims for a total purchase price
of  US$2,000,000,  adjustable by consumer price index, in 15 years plus 2.5% net
smelter  royalty.  In  accordance with the agreement, the Company is required to
pay  advance  royalty  payments U$5,000 on signing, US$15,000 in the first year,
US$15,000  in  the  second  year,  US$20,000 in the third year, US$25,000 in the
fourth year, US$50,000 in the fifth year and US$50,000 each year thereafter.  In
addition,  the  Company  is  required to spend amounts equivalent to the advance
royalty  payments,  except  the first US$5,000, each year as work commitments to
the  maximum  of US$250,000.  The claims acquired by the Company are as follows:


                                                                    Page 9 of 55
<PAGE>
<TABLE>
<CAPTION>
                                             Lot or Mineral
Claim Name          Patent Date  Patent No.    Survey No.
------------------  -----------  ----------  --------------
<S>                 <C>          <C>         <C>
Betty O'Neal          4/23/1892       20955          Lot 51
Betty O'Neal South    4/23/1892       20956          Lot 52
Chloride              4/23/1892       20954          Lot 50
Chloride              6/25/1884        9448          Lot 45
Defiance             11/15/1877        2557          Lot 37
Defiance No. 2        6/25/1884        9449          Lot 42
Dusang               12/28/1895       26390          Lot 43
Eagle                11/15/1877        2558          Lot 38
Grove                 6/25/1884        9447          Lot 44
Henry Logan          12/28/1895       26389          Lot 40
Highland Chief         2/6/1892       19601         Lot 41A
Monitor              11/14/1877        2553          Lot 39
Record                 2/6/1895       25252          Lot 55
Ruby Silver           7/30/1924      942249            4570
Ruth                  7/30/1924      942249            4570
Valley View           7/30/1924      942249            4570
Yankee                2/14/1895       25277          Lot 54
</TABLE>

During  the  period,  the  Company  abandoned  the  Iowa claims in Nevada due to
economic  reasons.

MANAGEMENT
----------

At  the  annual  general  meeting on March 24, 2000, Gary Freeman and William R.
Green  were elected as directors of the Company.  On the same date, Gary Freeman
was  appointed  as  President  replacing Jerry Pogue who retired and Sam Szajman
appointed  as  Corporate  Secretary.


RESULTS  OF  OPERATION
----------------------

The net loss for the nine months ended August 31, 2000 was $193,408 or $0.01 per
share  in  comparison  with $461,002 or $0.04 per share for the same period last
year.  The huge reduction in loss was mainly due to reduced expenses relating to
abandonment  of mineral properties and the gain of $171,032 generated by sale of
418,700  shares  of  Indico  Technologies  Corporation.  However,  the  expenses
relating to shareholder and investor communications were increased by $47,578 in
comparison  with  last year due to significantly increased activities during the
period.

INVESTOR  RELATIONS
-------------------

In  March  2000,  the  Company  entered  into  an  agreement  with  Barry Kaplan
Associates  of  New Jersey to provide investor relations services to a period of
one  year at a fee of US$5,000 per month plus expenses.  Barry Kaplan Associates
will  assist  the  Company  in:


                                                                   Page 10 of 55
<PAGE>
The  Company  terminated  the  above  agreement  in  August  2000.

CERTAIN  RISKS  OF  OPERATION
-----------------------------


The  Corporation's  business  is subject to a number of material risks which may
affect its future financial performance, including risks customarily encountered
by  exploration  stage  companies.

GENERAL  EXPLORATION  AND  MINING  RISKS
----------------------------------------

Operating  Risks

The  exploration  and,  if  warranted,  development  of  mining  properties is a
high-risk  industry.  Presently,  none  of  the  Corporation's properties have a
known  body  of  commercial  ore.  Unusual  or  unexpected formations, formation
pressures,  fires,  power  outages,  labor  disruptions, flooding, explorations,
cave-ins,  landslides, and the inability to obtain adequate machinery, equipment
or  labor  are  all  risks involved in the operation of mines and the conduct of
exploration  programs.  The  Corporation  relies  significantly  on  independent
consultants  and  other professionals for exploration and development expertise.
Exploration  for  economically  feasible mineral deposits or reserves includes a
high  degree  of risk which even a combination of careful evaluation, experience
and  factual  knowledge  may  not  find  a  mineral  deposit that would become a
profitable  mining  operation.


Capital  Expenditures

The  Corporation  will  require substantial resources to establish ore reserves,
develop  metallurgical  processes  to  extract  metal  from the ore, and develop
mining and processing facilities at a given site.  Although substantial benefits
may  be  derived from the discovery of a major mineralized deposit, there can be
no  assurances  that sufficient quantities of minerals with a sufficient average
grade  to  justify,  if  warranted,  commercial  development  of  any such site.

Volatility  in  Mineral  Prices

The cost of developing gold and other mineral properties is affected by the cost
of  operations,  variations  in ore grade, fluctuations in metal markets and the
cost  of  processing  equipment. Government regulations regarding prices, taxes,
royalties,  allowable production, importing and exporting of minerals, land use,
land  tenure  and  environmental  protection  also  affect  economic  viability.

CLASSIFICATION  OF  THE  COMMON  STOCK  AS  PENNY  STOCK
--------------------------------------------------------

In  October 1990, Congress enacted the "Penny Stock Reform Act of 1990."  "Penny
Stock"  is  generally  any  equity  security  other  than a security (a) that is
registered  or  approved  for  registration  and traded on a national securities
exchange  or  an equity security for which quotation information is disseminated
by The National Association of Securities Dealers Automated Quotation ("NASDAQ")
System on a real-time basis pursuant to an effective transaction reporting plan,
or  which  has  been  authorized  or  approved  for authorization upon notice of
issuance for quotation in the NASDAQ System, (b) that is issued by an investment
company  registered under the Investment  Company Act of 1940, (c) that is a put
or call option issued by Options Clearing  Corporation,  (d) that has a price of
five  dollars or more, or (e) whose  issuer has net tangible assets in excess of
$2,000,000,  if  the issuer has been in continuous  operation for at least three
years,  or  $5,000,000  if  the issuer has been in continuous operation for less
than  three years, or average  revenue of at least $6,000,000 for the last three
years.

The  Company's  Common Shares are presently considered "penny stock" under these
criteria.  Therefore, the Common Shares are subject to Rules 15g-2 through 15g-9
(the  "Penny Stock Rules") under the Securities Exchange Act of 1934, as amended
(the  "Exchange  Act").  The  Penny  Stock  Rules  impose  additional reporting,


                                                                   Page 11 of 55
<PAGE>
disclosure  and  sales  practice requirements on brokers and dealers before they
can  recommend  the  Common  Shares for purchase by their customers, and require
that  such  brokers and dealers must make a special suitability determination of
each  purchaser  and  must  have received the purchaser's written consent to the
transaction  prior  to the sale.  Consequently, the Penny Stock Rules may affect
the  ability of brokers and dealers to sell the Common Shares and may affect the
ability of purchasers to sell any of the Shares acquired hereby in the secondary
markets.

So  long  as  the  Common  Shares  are within the definition of "Penny Stock" as
defined in Rule 3a51-1 of the Exchange  Act, the Penny Stock Rules will continue
to be applicable to the Common  Shares.  Unless and until the price per share of
Common  Shares  is  equal  to  or  greater than $5.00, the Common Shares will be
subject  to substantial additional risk disclosures and document and information
delivery  requirements on the part of brokers and dealers effecting transactions
in  the  Common  Shares.  Such  additional  risk  disclosures  and  document and
information  delivery  requirements  on the part of such brokers and dealers may
have  an adverse effect on the market for and/or valuation of the Common Shares.

STAGE  OF  DEVELOPMENT
----------------------

The  Corporation  has  no  production  revenue.  It  does  not have an operating
history  upon  which  investors  may  rely.  Moreover,  the  Corporation  has no
commercially  viable  properties  at  this  time.


The  Corporation  has  limited  financial  resources,  with  no  assurance  that
sufficient funding will be available to it for future exploration  or to fulfill
its  obligations  under  current  agreements.  There  is  no  assurance that the
Corporation  will be able to obtain adequate financing in the future or that the
terms  of  such  financing will be favorable.  Failure to obtain such additional
financing  could  result  in  delay  or  indefinite  postponement  of  further
exploration  of  its  projects.  The  Corporation's  accumulated  deficit  as at
November  30,  1999  was  $1,418,297.
                          ----------


METAL  PRICES
-------------

The  Corporation  cannot control the marketability of the minerals it discovers.
Metal  prices  have  fluctuated  widely  in  recent  years,  and are affected by
numerous  factors  beyond  the Corporation's control. International economic and
political  trends,  expectations  of  inflation, currency exchange fluctuations,
interest  rates, global or regional consumption patterns, speculative activities
and  worldwide  production  levels  all  may  affect  metal  prices.

COMPETITION
-----------

The  mineral  industry  is  very competitive.  The Corporation must compete with
other  companies  possessing  superior  financial  resources  and  technical
facilities.  This  competition  is  not  only  for  the  acquisition  of  mining
interests,  but  also  for  retention  of  the  services of qualified employees.

NO  ASSURANCE  OF  TITLES
-------------------------

The  Corporation's  mineral  property  interests  may  be  subject  to  prior
unregistered  agreements,  transfers  or  native  land  claims  and title may be
affected  by  undetected defects.  Substance and continuity of title may also be
affected  by political instability and the vagaries of law as they exist and are
applied  in  foreign jurisdictions.  Surveys have not been carried out on all of
the  Corporation's mineral properties and therefore, in accordance with the laws
of  the  jurisdiction in which such properties are situated, their existence and
area  could  be  in  doubt.

GENERAL  OPERATING  HAZARDS
---------------------------


                                                                   Page 12 of 55
<PAGE>
PERMITS  AND  LICENSES
----------------------


The  operations  of  the  Corporation  require licenses and permits from various
governmental  authorities.  There  can be no assurance that the Corporation will
be  able  to  obtain  all necessary licenses and permits that may be required to
carry  out  exploration,  operations  at  its  projects.


The Corporation's properties in the State of Nevada consist of the Whisky Canyon
Property,  the  PW  Property  and  the ICP Property.  The Whisky Canyon Property
includes  83  lode mining claims optioned from St. George Metals Inc. and 23 Bet
claims  located  by  the  Corporation.  The  Corporation currently has licenses,
issued  by  the  Nevada Department of Mining, to conduct geological, geochemical
and geophysical investigations and sample drilling at the Whisky Canyon Property
for  a  period  of  one  year.  The  license may be renewed on a yearly basis by
submitting  the yearly filing fees to the appropriate Land Claims Offices in the
state.  The  yearly filing fees for the Corporation's properties are as follows:
$3,800  USD for the PW Property, $11,100 USD for the Whisky Canyon Property, and
$4,200  USD  for  the  ICP  Property.

The  ICP  Property consists of 42 lode mining claims.  Under the license granted
thereto, the Corporation may undertake similar exploration activities on the ICP
Property  as undertaken at the Whisky Canyon and PW Properties.  The Corporation
renewed  all  three  licenses  on October 27, 1998, and, because it has paid all
required  filing  fees, is currently in good standing with the Nevada Department
of  Mining.  Additional licenses will be required to extract minerals, if found.
The  PW Property consists of 28 lode mining claims registered in the name of the
Corporation's  subsidiary  Triband  Resource US Inc.  Under the license for this
property,  the  Corporation  may conduct geological, geochemical and geophysical
investigations  and sample drilling, and may engage in any other exploration the
Corporation  deems  advisable.

PRICE  FLUCTUATIONS,  SHARE  PRICE  VOLATILITY
----------------------------------------------

Securities  markets  in Canada have experienced a high level of price and volume
volatility in recent years, with many resource companies experiencing wide price
fluctuations  not  necessarily  related  to  operating performance or underlying
asset  values of such companies.  The Corporation's Common Shares traded between
$0.17  and $1.48 in 1996, between $0.56 and $1.60 in 1997, and between $0.23 and
$0.64  in  1998  and  between $0.19 and $1.09 in 1999. No assurances can be made
that  the  Corporation's  share  price and volume will not continue to fluctuate
materially.

ENVIRONMENTAL  REGULATIONS
--------------------------

All  phases  of  the  Corporation's  operations  are  subject  to  environmental
regulations promulgated by government agencies from time to time.  Environmental
legislation  is  evolving  in  a  manner  which  means  stricter  standards, and
enforcement,  fines  and  penalties  for  non-compliance  are  more  stringent.
Environmental  assessments  of  proposed  projects  carry a heightened degree of
responsibility for companies and directors, officers and employees.  There is no
assurance  that  future  charges  in  environmental regulation, if any, will not
adversely  affect  the  Corporation's  operations.

The  Corporation  is  in  compliance  with all applicable environmental laws and
regulations  in  Nevada,  USA,  and  British  Columbia,  Canada

ITEM  2   DESCRIPTION  OF  PROPERTIES
          ---------------------------

The  Corporation  is  in  the exploration stage and its properties are presently
without  a  known  body of commercial ore.  Its principal mineral properties are
the  following.


                                                                   Page 13 of 55
<PAGE>
The  Whisky  Canyon  Property, located along the northwest flank of the Shoshone
Range,  approximately  12  miles  southeast  of  Battle Mountain, Lander County,
Nevada,  USA.

The  PW  Property,  located  approximately  28 miles east-southeast of Lovelock,
Pershing  County,  Nevada,  USA.

The  ICP  Property,  located  approximately  56  miles south of Battle Mountain,
Lander  County,  Nevada,  USA.

The  Standard  Creek  Project,  located  160  km.  north  of  Vancouver, British
Columbia,  Canada  and  17  km. southeast of Bralorne, British Columbia, Canada.

WHISKY  CANYON  PROPERTY  -  LANDER  COUNTY,  NEVADA,  USA
----------------------------------------------------------

Location  and  Introduction

The  Whisky  Canyon  Property  ("Whisky  Canyon  Property") is located along the
northwest flank of the Shoshone Range approximately 12 miles southeast of Battle
Mountain,  Lander  County,  Nevada,  USA.  The  Whisky  Canyon Property includes
Whisky  Canyon  proper,  upper Rocky Canyon to the south and Betty O'Neal silver
mine area to the north.  Much of the property occurs in steep topography between
6000  feet  and  8000  feet in elevation.  Access is relatively difficult and is
limited  to  a  few  steep,  narrow  and  poorly  preserved  drill  roads.


                                                                   Page 14 of 55
<PAGE>
Insert  first  map



                                                                   Page 15 of 55
<PAGE>
The  Corporation's land package includes 83 lode mining claims optioned from St.
George  Metals  Inc.  ("St.  George")  and  the  23  Bet  claims  located by the
Corporation  in 1997 bordering the Betty O'Neal patented claims.  The St. George
land  package  includes  the Whisky Canyon and the upper Rocky Canyon area.  The
Whisky Canyon Property is located in T.30N, R.45E., sections 22,26,27,34 and 35.

Mining  and  Exploration  History


Prospecting  for and limited mining of high grade veins in the district began in
the  late  1870's.  The  Betty  O'Neal  mine  was  worked extensively for silver
beginning  in  about  1880.  It  was reportedly mined intermittently until about
1936 and was the only major producing mine in the vicinity of  the Whisky Canyon
Property.  Recorded production for the period of 1902-1936 from the Betty O'Neal
totals  about  4.2  million  ounces  of  silver  from ores with grades averaging
between  25  to  30  ounces per ton.  No production records exist for the period
between  1880-1902.  On  the  Whisky Canyon , the Celestine O'Neal workings were
explored  and  mined  intermittently  beginning  prior to 1900 and continuing to
1923.  Production  was  reportedly  small.  Numerous  other  showings small high
grade  mines  of  limited  production occur in adjoining Rocky Canyon and in the
surrounding  area,

Porphyry  copper-molybdenum  exploration  was focused in Rocky Canyon and nearby
Pipe  Canyon  in  an  active  way during the early to mid -1970's.  Several deep
(greater  than  2000  foot)  core  holes  encountered  deep,  low  grade,  Cu-Mo
mineralization  beneath the breccia pipes and magmatic centers in both Rocky and
Pipe  Canyons.  No  further  copper  exploration  has been done in the district.
Recent  gold  exploration  began  in  the  district  during  1979  and continued
intermittently  through  the  early  1900's.  Noranda  Exploration  ("Noranda")
conducted  the  first  phase  of  modern  exploration beginning in late 1979 and
continued through early 1981.  Their work included geologic mapping, geochemical
sampling,  and  exploration  drilling  (4  diamond  core  and  15 rotary holes).
Noranda  elected to terminate the project even though their drilling intersected
gold-mineralization  in  the  Whisky  Canyon  vicinity.

Following  Noranda,  Draco  Minerals  Ltd. ("Draco Minerals") explored the Rocky
Canyon  area for precious metals but drilled only 14 shallow reverse circulation
holes.  St. George acquired both the Whisky Canyon Property and the Rocky Canyon
property from the underlying owners and Draco Minerals, respectively, along with
other  ground in the district.  St. George and their subsequent partners drilled
at  least  16  reverse  circulation  holes  in  the Whisky-Rocky Canyon area and
numerous holes to the west along the range front zone. Cameco Gold U.S. acquired
ground  along the range front near the mouth of Rocky Canyon and the Lucky Rocks
area  by  claim  location  and  an option agreement with St. George.  The Cameco
program which  began in 1996, included core drilling,  and continues at present.

Property  Acquisition

The  Whisky  Canyon  Property is currently owed by St. George Metals, Inc. ("St.
George  Metals"),  a  Nevada  corporation.  On  June  29, 1998 the Corporation's
subsidiary  Triband  Resource  US  Inc.  entered into  a Mining Lease and Option
Agreement,  ("Mining  and  Lease  Option  Agreement").  Under  the agreement the
Corporation  may  explore,  conduct  geological,  geochemical  and  geophysical
investigations, sample, drill or otherwise explore for, in the manner and to the
extent  that  the  Corporation  in  its  sole  discretion,  deems  advisable.


Under  the  agreement  St.  George  Metals  agreed  to  lease exclusively to the
Corporation  the property and all minerals.  Under the agreement the Corporation
agreed  to make an initial payment for the property of $15,000 USD to St. George


                                                                   Page 16 of 55
<PAGE>
and  also  an additional payment of $1,200 USD to a consultant as direct payment
for  or  reimbursement  of  costs  for  geological,  geochemical  and other data
relating  to  the  property.

Under the Mining Lease and Option Agreement, the Corporation paid and has agreed
to pay to St. George Metals the following minimum payments which will be advance
payment of a net smelter returns production royalty payable to St. George Metals
("Royalty"):

<TABLE>
<CAPTION>
                                                               PAYMENT AMOUNT
                                                                   (US$)
                          DATE
<S>                                                           <C>
July 8, 1999 (paid)                                           $         65,000
July 8, 2000 (paid) and each following year for a period of   $         25,000
twenty (20) years expiry July 8, 2018
</TABLE>

Under  the  Mining Lease and Option Agreement, St. George Metals agreed to grant
the  Corporation  the  exclusive  right  to  purchase the Whisky Canyon Property
("Option").  The  purchase price for the Option is $2,000,000 USD, less the then
outstanding  balance  of  the  purchase  price  under  the underlying agreements
("Underlying  Agreements")  attached  to  the Mining Lease and Option Agreement.

The  Underlying  Agreements  to  the  Mineral  Lease and Option Agreement are as
follows:  (1)  the  Bida-Belaustegui  Agreement,  dated  March 20, 1986, between
Marion  Fisher,  Sam  Bida,  Neva  Bida, Leon Belaustegui, and Velma Belaustegui
("Sellers"),  and St. George Minerals, Inc. ("St. George Minerals"), the British
Columbia  parent  of  St.  George  Metals, as buyer; (2) the Boundary Agreement,
dated  February  16, 1989, between St. George Metals, Battle Mountain State Bank
Mortgage  Corporation  ("Battle  Mountain"),  and Rolac Systems Subsidiary, Inc.
("Rolac"); (3) the Claim Overlap Agreement, dated February 16, 1989, between the
same  parties  as  stated  in  (2)  above; and, (4) the Royalty Agreement, dated
February  16,  1989,  between  the  same  parties  as  stated  above  in  (2).

The  Bida-Belaustegui  Agreement is the purchase and sale agreement by which St.
George  Minerals  acquired  the  Whisky Canyon Property.  Under the terms of the
Bida-Belaustegui  Agreement, St. George Minerals was to pay Sellers $150,000 USD
over  a  period of four years, as well as tender to Sellers 50,000 shares of St.
George  Minerals common stock in exchange for the Whisky Canyon Property.  As of
the  date  of  the  Mineral  Lease  and Option Agreement (July 8, 1998), all but
$15,000  USD of the purchase price under the Bida-Belaustegui Agreement had been
paid.  In  August  1998,  the Corporation paid the remaining $15,000 to Sellers.
Pursuant  to  Section 6.1 of the Mineral Lease and Option Agreement, this amount
will  be  credited  against  the  Option's  $2,000,000  USD  purchase  price.

The  Boundary  Agreement  was executed by St. George Metals, Battle Mountain and
Rolac  in order to identify the claims at the Whisky Canyon Property that Battle
Mountain  and  Rolac  had  a right to explore.  There were no payments due under
this  agreement  that  would  have  reduced  the  purchase  price of the Option.

The  Claim  Overlap  Agreement also related to boundary issues and mining rights
between  the  parties  thereto.  There were no payments due under this agreement
that  would have reduced the purchase price of the Option. The Royalty Agreement
defined  the royalty payments to be paid to St. George Metals by Battle Mountain
and  Rolac.  Pursuant to this agreement, Rolac and Battle Mountain agreed to pay
St.  George  Metals  6% of net smelter returns.  This agreement expired in 1995.
There  were  no  outstanding payments under this agreement as of the date of the
Mineral Lease and Option Agreement that would have reduced the purchase price of
the  Option.


                                                                   Page 17 of 55
<PAGE>
St.  George  Metals  also agreed to grant to the Corporation the exclusive right
to  purchase  one-half  of  the Royalty representing two percent (2%) of the net
smelter  returns  ("Royalty Option").  The purchase price for the Royalty Option
is  $1,000,000 USD.  The Royalty Option may be exercisable by the Corporation at
any  time  within  six  (6) months after the Corporation receives all approvals,
consents,  licenses  and  permits  required  for  the  production  of Insert 2nd
mminerals from the Whisky Canyon Property and the commencement of development of
a  commercial  mine  on  the  Whisky  Canyon  Property.

If  the  Corporation  exercises  the  Option,  its obligation to pay the minimum
payments  will  terminate.  The  Royalty  percentage  will also be reduced.  The
Royalty  percentage  under  the  Mining  Lease and Option Agreement rate is four
percent (4%) of the net smelter returns.  However, this amount will be decreased
to two percent (2%) upon the Corporation's exercise of one, but not both, of the
Option or the Royalty Option.  Furthermore, the Corporation will be credited and
the  Royalty  otherwise  payable  to  St.  George  Metals in any quarter will be
reduced  by  the  amount of any and all production fees, production royalties or
severance  taxes  assessed  against,  based  on or imposed or levied against the
production of minerals, ore or product from the Whisky Canyon Property which are
paid by the Corporation to any party under the Underlying Agreements relating to
the  Mining Lease and Option Agreement during the quarter.  The Corporation will
be  making  no such payments under the Underlying Agreements except as disclosed
above.

The assessment work in accordance with the Mining Lease and Option Agreement was
carried  out  between  September 1, 1998 and September 1, 1999.  The Corporation
has  a  work commitment for exploration, development and reclamation work on the
Whisky  Canyon  Property  as  described  below:


                    DATE                      LEASE YEAR COMMITMENT (US$)

           July 9, 2000 (completed)                    $150,000
           July 9, 2001                                $200,000


After  the  third  lease  year,  beginning  July  9,  2001,  the work commitment
obligation  will  increase  by the amount of fifty thousand dollars ($50,000 US)
for each lease year until the Corporation commences commercial production on the
Whisky  Canyon  Property.

In  addition to the property from St. George Metals, the Company also acquired a
group  of patented mining claims in the adjacent area from Battle Mountain State
Bank Mortgage Corporation.  In accordance with an agreement dated  July 7, 2000,
the  Company  acquired  an option to purchase 17 patented mining claims during a
period  of  15  years  for  a total purchase price of US$2,000,000 plus 2.5% net
smelter  royalty.  The  Company is required to pay the following advance royalty
payments:


           Date                                 Payment Amount (US$)
           ----                                 --------------------

           July 7, 2000                         $     5,000
           July 7, 2001                              15,000
           July 7, 2002                              15,000
           July 7, 2003                              20,000
           July 7, 2004                              25,000
           July 7 each year thereafter  50,000


                                                                   Page 18 of 55
<PAGE>
Depending on the time the Company exercises the option, the above purchase price
will  be  increased  by  applying  the  Consumer  Price Index as published by US
Department  of Labor using the fifth anniversary date as the base year; and will
be  reduced  by all advance royalty payments made by the Company after the sixth
year.  In  addition, the Company is required to spend the following amounts each
year  as  work  commitments  to  the  maximum  of  US$250,000.


            On or before                         Work Commitment (US$)
            ------------                         ---------------------

            July 7, 2001                         $              15,000
            July 7, 2002                                        15,000
            July 7, 2003                                        20,000
            July 7, 2004                                        25,000
            July 7 each year thereafter                         50,000


The  claims  acquired  by  the  Company  are  as  follows:


<TABLE>
<CAPTION>
                                             Lot or Mineral
Claim Name          Patent Date  Patent No.  Survey No.
------------------  -----------  ----------  --------------
<S>                 <C>          <C>         <C>
Betty O'Neal          4/23/1892       20955          Lot 51
Betty O'Neal South    4/23/1892       20956          Lot 52
Chloride              4/23/1892       20954          Lot 50
Chloride              6/25/1884        9448          Lot 45
Defiance             11/15/1877        2557          Lot 37
Defiance No. 2        6/25/1884        9449          Lot 42
Dusang               12/28/1895       26390          Lot 43
Eagle                11/15/1877        2558          Lot 38
Grove                 6/25/1884        9447          Lot 44
Henry Logan          12/28/1895       26389          Lot 40
Highland Chief         2/6/1892       19601         Lot 41A
Monitor              11/14/1877        2553          Lot 39
Record                 2/6/1895       25252          Lot 55
Ruby Silver           7/30/1924      942249            4570
Ruth                  7/30/1924      942249            4570
Valley View           7/30/1924      942249            4570
Yankee                2/14/1895       25277          Lot 54
</TABLE>


Geology

The  geology  of the northwestern portion of the Shoshone Range is very complex.
The  Whisky  Canyon  area  is  comprised  of a complexly thrust faulted stack of
siliceous  and  lesser  carbonate  rocks  that were subsequently juxtaposed into
complex  contact  relationships  by several prominent sets of high-angle faults.
Thrust faulting occurred during the Antler and Sonoman Orogenies and resulted in
low-angle  zones  of  intense  shearing  and  fracturing  developed  within  the
pre-Tertiary  siliceous  rocks.  Caldera  development  and subsidence overprints
pre-Oligocene  structures  and  was  the focus of more recent high and low-angle
faulting of Tertiary age.  High-angle faulting is intense in the district and is
comprised  of  several distinct sets, including those trending; 1) N10E to N10W,
2)  N60-75W, 3) N20-30W, 4) East-West, 5) N60E and 6) N30E.  The faults trending
N60-75W  seem  to be the most favorable focus of gold-bearing quartz and sulfide
mineralization.


                                                                   Page 19 of 55
<PAGE>
Most of the northern part of the range is made up of chert and siliceous clastic
rocks  that  comprise the upper plate of the Roberts Mountains allochthon.  This
sequence of rocks was emplaced along the major, regional Roberts Mountain Thrust
zone  during  the  Devonian-Mississippian Antler Orogeny.  Lower plate carbonate
rocks  located  below  the thrust zone are not exposed in the district.  A large
portion  of  the  Whisky  Canyon  Property  is  underlain by a thick upper plate
sequence  consisting  of  quartzite,  chert,  argillite  and  greenstone  of the
Ordovician  Valmy  Formation.  In  Rocky  Canyon,  a thick section consisting to
interbedded  calcareous  siltstone  and  fine-grained  sandstone, believed to be
upper  plate  Silurian  Elder  Formation,  is tectonically inter-leaved with the
Valmy Formation.  The Pennsylvanian-Permian Antler Sequence consisting of Battle
Formation and Antler Peak Limestone, was deposited directly on upper plate Valmy
rocks  and  is exposed in Whisky Canyon.  Antler Sequence rocks are an important
host  for  gold mineralization in the Battle Mountain district at the Fortitude,
Tomboy  and  Minnie  deposits  and  the  Lone  Tree  and  Marigold  deposits.


During  the  Permian-Triassic  Sonoma  Orogeny, the Havallah Sequence rocks were
tectonically  emplaced  along  the  Golconda  Thrust above the Roberts Mountains
Allochton  and  Antler  Sequence  rocks.  The  Havallah  Sequence  consists  of
fine-to-medium-grained,  locally calcareous, siliceous clastic rocks.


These  rocks are well exposed at the head of Whisky Canyon. A sequence of debris
flows  and  limestone-rich  conglomerate  with  silty,  sandy, and shaly matrix,
believed  to  be  the  Triassic  Panther  Canyon  Formation,  was  deposited  on
pre-Triassic  rocks  and  is  also  exposed  at  the  head  of  Whisky  Canyon.

The pre-Tertiary sedimentary rocks are intruded and overlain by an Oligocene-age
sequence of volcanic flows, tuffs, tuff breccias, intrusive breccia pipes, dikes
and  irregular  intrusive masses ranging in composition from rhyolite to latite.
A  quartz  monzonite  porphyry intrudes the slightly older volcanic sequence and
sedimentary  rocks along the east margin of the property.  The Tertiary magmatic
event  is  believed  to  have  resulted  from  a large caldera that occupies the
northwest flank of the range.  Within this topographic zone, several large areas
of  volcanic rocks, abundant dikes, small intrusions and three breccia pipes are
preserved.



                                                                   Page 20 of 55
<PAGE>
Alteration

Hydrothermal alteration features of varying types and intensities are widespread
throughout  the  Whisky  Canyon  area.  The  alteration  types  include:  1)
silicification,  2)  quartz  veining  and  stockwork  zones,  3)  sulfide
mineralization,  4)  sericitic  and  argillic  clay alteration, 5) calc-silicate
mineral  formation  in calcareous rocks, and 6) supergene oxidation of sulfides.
The  introduction  of  quartz as the groundmass of various types of rocks and in
more  coarsely  crystalline  veins  is  the  most  important  alteration feature
associated  with  hydrothermal  mineralization.  Fine-grained  quartz  replaced
sedimentary  rocks  along  fracture  and  shear  zones.  The  intensity  of
silicification  is  variable and ranges from complete jasperoidal replacement to
silicification  mixed with sericitic and argillic clays and quartz veinlets. The
silicified zones commonly contain sulfide minerals including pyrite, pyrrhotite,
arsenopyrite  and  the copper-bearing minerals chalcopyrite and tetrahedrite. In
surface  outcrops  the  sulfide  minerals  are  commonly  altered  to iron oxide
minerals.  Calcite,  quartz  and  barite  gangue minerals occur with the quartz.

The  quartz  veins  and  stockwork veinlet zones contain individual sulfide-rich
veins  ranging  in  width  from  less  than 1 mm to several tens of meters.  The
quartz  is  fine-grained,  gray  and  glassy,  and  contains  ubiquitous
sulfide-sulfosalt  minerals.  Pyrite,  pyrrhotite,  and  arsenopyrite  are  most
abundant  within the mineralized veined zones.  Base metal sulfide and sulfosalt
minerals  are  less common and include:  chalcopyritre, sphalerite, galena.  The
vein  mineralization  is  discussed  in  more  detail  below  in  the section of
mineralization.

Sericitic  and  argillic clay alteration commonly occur with both groundmass and
vein-type  hydrothermal  silicification.  The  siliceous  clastic host rocks are
commonly bleached and variably altered to secondary clays.  Sericitic alteration
is  most  common closest to the most intense zones of silicification and because
it  contains  introduced  quartz  and  pyrite, it is very similar to the phyllic
alteration  zones  related to porphyry-style mineralization.  Argillic clays are
intermixed  with silica in less strongly altered areas and are commonly crosscut
by quartz microveinlets and contain both disseminated and massive concentrations
of  secondary  iron  oxide  minerals.

Calc-siliciate  minerals  are  well  developed  in  the calcareous clastic rocks
exposed  in  Rocky  Canyon and to a lesser degree in Whisky Canyon to the north.
Most  of  the  exposed  rocks  are  calc-silicate  hornfels  that  consist  of
recrystallized  host rocks containing quartz, diopside, epidote and fine-grained
actinolite  (+tremolite)  in  fractures and in veins in association with calcite
and  quartz.

Mineralization

Two  main types of mineralization are present on the Whisky Canyon Property:  1)
a  silver-base  metal  type,  and  2) a gold-silver-arsenic type with minor base
metals.  The  two  types  show  an  apparent  regional zonation.  Type 1 is most
common and strongest or best developed from Whisky Canyon northward to the Betty
O'Neal  mine.  The type 2 is prominent at Whisky Canyon and southward into Rocky
Canyon.

The  silver-dominant mineralization was the focus of most of the historic mining
activity and was centered at the Betty O'Neal mine and surrounding area.  Silver
mineralization  occurs  in quartz-calcite-barite-sulfide veins ranging from less
than  1  cm  to  tens  of  meters  in width.  Many of the veins were hundreds to
thousands  of  feet  long  and  were  worked down-dip for many hundreds of feet.
Well-defined,  prominent,  structurally-controlled  veins  eventually  exhibit a
transition  along  strike  and  down-dip  into  thin,  poorly-defined veins that
commonly  grade  into  quartz-calcite  stringer  or  stockwork  zones  before
disappearing  altogether.  Most  veins exhibit a crude banding, with calcite and
barite  in  contact  with  the  wallrocks  and  milky white massive to colorless
crystallized  quartz  in  the  center  of  the  veins.  The internal quartz zone
commonly  is  brecciated and contains open spaces lined with crystallized quartz
and  sulfide minerals.  Almost all of the sulfide minerals are restricted to the
quartz  portion  of  the  veins.  The  sulfide  mineralogy  includes:  pyrite,
tetrahedrite  (freibergite),  galena,  sphalerite,  chalcopyrite, stephanite and
stibnite.


                                                                   Page 21 of 55
<PAGE>

Gold  mineralization  occurs  in veins, fault breccia zones, and low-angle shear
zones and is most abundant at the head of Whisky Canyon.  Similar mineralization
is  also  exposed south of Whisky Canyon in the Rocky Canyon drainage and in the
Lucky  Rocks  area.  Most  of the early exploration for gold and production from
high  grade  ore  took  place between the late 1880's and 1920's.  The Celestine
O'Neal  mine  at  the  head of Whisky Canyon was the site of intermittent mining
through  about  1923.

The  gold  mineralized zones occur as steeply-dipping high-angle veins and fault
breccias  and  as  low  angle-shear-breccia  zones.  Most  mineralized veins and
high-angle breccias zones are relatively narrow (less than 1 to about 20 feet in
width),  while  the  low-angle  shear-breccia  zones  are typically 2 to 50 feet
thick.  The  vein  and  steeply-dipping fault breccia mineralization consists of
varying  mixtures  of  quartz  and  calcite  gangue  containing abundant sulfide
minerals.  The  sulfide  minerals  include  pyrite,  arsenopyrite, chalcopyrite,
sphalerite  and  tetrahedite.  Secondary copper minerals occur in oxidized zones
with  iron oxide minerals and scorodite.  Low angle zones contain mineralization
that is generally less distinctive and contains abundant clay minerals.  Most of
the  shear  zone  mineralization is more intensely oxidized relative to the vein
mineralization.  The  silver  content  of  the  veins is variable.  Values up to
several  ounces  silver  per  ton  are  common.

Exploration  drilling  has  identified  several  areas  of  low  grade  gold
mineralization.  The  primary focus of gold exploration has been in upper Whisky
Canyon  (Noranda,  Draco  Minerals,  St.  George),  upper  Rocky  Canyon  (Draco
Minerals),  the  Luck  Rocks  area  (St.  George,  Reynolds Metals) now owned by
Cameco,  and  along  the  range  front  just  south of the mouth of Rocky Canyon
(Cameco).  The  Corporation  controls the Whisky Canyon area, upper Rocky Canyon
and  the  range front just west of the Lucky Rocks ridge and north of the Cameco
project  area.

Several  drill  holes on the Whisky Canyon Property encountered thick intercepts
of  gold  mineralization (e.g. 35.3 feet @ 0.140 ounces per ton, 20 feet @ 0.232
ounces  per  ton,  10  feet  @ 0.345 ounces per ton) and many long 20 to 60 foot
intercepts  of  0.0X0  ounces  per ton.  A preliminary review of the Noranda and
Draco Minerals drilling information suggests that the best gold-bearing zones in
Whisky  Canyon  occur  beneath  low-angle thrust-shear zones that dip at shallow
angles  to  the southwest.  These zones are 5 to greater than 100 feet thick and
are commonly mineralized.  However, the  fluids are believed to have moved along
the  steeply  dipping vein and fault-breccia-vein zones that contain the largest
amounts  of  gold.  Several of these features are exposed at the Celesite O'Neal
mine and throughout Whisky Canyon.  The steeply dipping high grade zones and the
shallow  dipping  lower  grade  zones  are  targets  for  drilling.

Geochemistry

The  Whisky  Canyon  Property is geochemically anomalous with respect to Au, Ag,
As,  Cu,  Pb, Zn, Sb, Ba and locally Bi and Hg.  A non-statistical inspection of
the  geochemical  results  available  to  date  indicates that mineralized areas
commonly contain gold values in the 1-30 ppm or gram per ton range and silver in
the  1  to  1,000 ppm range.  Arsenic, lead, zinc and copper commonly range from
500  to greater than 1,000 ppm, bismuth is in the 10 to greater than 100 ppm and
mercury  0.1  to  1.0  ppm.  Elemental  values  are  highest  in  the  strongly
mineralized  ore  zones.

Amounts  of  gold  (greater  than  1  gram  per ton) occur in both rock and soil
samples east of the drilled area in Whisky Canyon.  The anomaly extends east for
at  least  2500  feet  from the drilled zone.  The size of the anomaly is poorly
defined  because  of  limited  rock  and soil sampling completed in this area to
date.  The eastward extension significantly increases the size of the known area
of  anomalous  gold  mineralization.



                                                                   Page 22 of 55
<PAGE>
Exploration

The Corporation is currently doing surface geologic mapping at a scale of 1 inch
to 400 feet (1:4800) which will cover the entire property.  A program of surface
rock  and  soil  sampling is planned to better define areas of anomalous metals.
This  will  also  be  done  over  areas  which  show  rock  alteration.

Areas  which  are  found  to  contain  anomalous  contents of metals overlapping
altered  rocks  will  then  be mapped in greater detail such as at 1 inch to 200
feet  (1:2400).

The  Corporation is  doing several types of geophysical studies including ground
and  airborne  magnetic  surveys,  geologic  mapping and soil and rock sampling.
Induced  polarization  ("I.P.")  surveys  may  also be done over select areas to
locate  zones  that could contain sulfide minerals commonly associated with gold
to  better  define  targets  for  drilling.

The  combined  results of geologic mapping, geochemical sampling and geophysical
studies  will  be  used  to  plan  a  future  drilling  program.




PW  PROPERTY  -  PERSHING  COUNTY,  NEVADA,  USA
------------------------------------------------

Location  and  Introduction

The  PW  Property  ("PW Property") is in the western foothills of the Stillwater
Range  approximately  28  miles  east-southeast  of  Lovelock,  Pershing County,
Nevada,  USA.  The  PW  Property  consists  of  28  lode  mining  claims  with
Certificates  of Location registered in the name of the Corporation's subsidiary
Triband  Resource  US  Inc


The  PW  Property  is  situated  at the north end of the Table Mountain district
which  includes  several  small mines and prospects. None of the small mines are
currently  in  production.  The  district  was originally exploited for mercury,
antimony,  gold  and  fluorite.

Geology

The  PW  Property  is  underlain  predominantly  by  sedimentary  rocks  of  the
Jurassic-age Boyer Ranch Formation.  Regionally, the Boyer Ranch consists mostly
of  quartz  sandstone,  with lesser limestone and carbonate-pebble conglomerate.
The  Boyer  Ranch  rocks  occur  adjacent  to the northeast edge of a regionally
extensive  late  Jurassic  gabbro  complex.

The  sedimentary  rock  lithologies  are  in  general order from the youngest to
oldest:


                                                                   Page 23 of 55
<PAGE>
Quartz  sandstone is the youngest sedimentary rock and the predominant lithology
exposed  on  the  property.  The  unit  is  a  fine grained, well-sorted, quartz
sandstone,  locally  conglomeratic.  This  unit  is  commonly  indurated  to  a
quartzite,  especially  along  the  south  side  of  Red Hill ridge.  Where this
occurs,  primary  features  such  as  bedding  are  obscured as a result of rock
compaction  and hydrothermal alteration/silicification.  Stratigraphic thickness
of  the  quartzite  approaches  1,000  feet.

Carbonate  conglomerate  underlies  the  sandstone/quartzite  and is composed of
gray,  subangular  to  subrounded dolomite clasts set in a tan to red calcareous
sandstone  matrix.  This  unit  occurs  as  irregular  lenses  mostly within the
sandstone  unit.  Thickness is quitevariable, ranging from several inches to 500
feet.

Calcareous  sandstone  underlies  the  carbonate  conglomerate.  It  is  a
medium-to-coarse grained quartz sandstone, containing variable amounts of matrix
carbonate.  Where hydrothermally altered, matrix carbonate has been removed, and
mobilized  into a stockwork of 1-3 mm thick calcite veins.  Maximum thickness of
this  unit  is  uncertain,  since  the  base  is  cut  by  gabbro.

Limestone  is  exposed  on  the  northern part of the property as 50 to 100 foot
thick  lenses.  The  unit  consists  of  mostly  gray,  massive-to-thick  bedded
sandy/silty  limestone,  that  is  occasionally  conglomeratic.


Shale  is  exposed  on the northern portion of the property as lenses ranging in
thickness  up to 300 feet.  This unit consists of pink, hematitic (less commonly
gray-green)  fissile  shale.,  Calcareous  siltstone  is  included in this unit.

The  limestone  and  shale  units represent the lower parts of the stratigraphic
section,  and previous mapping on the property included them as part of the Late
Triassic/Jurassic  Auld Lang Syne Group.  The Auld Lang Syne is a very thick and
uniform sequence of formations in northwestern Nevada whose thickness reaches up
to  25,000  feet.


Two  types  of igneous rocks occur on the southern part of the PW Property.  The
gabbro  is  of  a  medium-grained,  equigranular  rock  consisting  mostly  of
chloritized  hornblende  (~30%)  and plagioclase (~70%).  This rock is the north
edge  of  the  Humboldt  gabbro complex.  The contact relationship of the gabbro
with  the  sedimentary  rock  units  is  uncertain  but  probably  the gabbro is
intrusive  into  the  lower  part  of  the  sedimentary  rock  section.

Much  less widely exposed than the gabbro is an alaskite body(s), which intrudes
the  calcareous  sandstone sequence within 200-300 feet of the gabbro contact on
the  southern  edge  of  the  property.  The  alaskite  is  a  medium-grained
leucogranite,  consisting  of  sodic  plagioclase  and  quartz.

The  pre-Tertiary  rocks  described  above  are overlain by Tertiary sedimentary
rocks,  unconsolidated  fans  of Quaternary basalt-bearing rubble and Quaternary
gravels  in  drainages.  Tertiary  sedimentary rocks are exposed immediately off
the  east  edge  of  the  claim  block.  They  are  well  bedded,  buff/tan  to
red/hematitic,  clay  rich, and party tuffaceous.  Locally, the Tertiary section
contains  lenses  of  banded  calcareous  sinter.


                                                                   Page 24 of 55
<PAGE>
Two features dominate the structural geology on the PW Property.  In the central
part  of the property, a series of generally parallel, northeast striking faults
are  exposed  over  a  distance  of  approximately  2,300 feet. Northeast faults
generally  have  southeast  or  northwest  dips  of 60o and steeper, and contain
slickensided  surfaces  and  brecciated  zones  up to several feet wide.  Offset
along  the  faults  appears  to be minor, but in one locality along the northern
bank  of  Logan  Canyon,  the  offset  is  measured  at  approximately 200 feet.

The  other  prominent structural feature on the PW Property is the occurrence of
an  east-west  synform  in  the  Boyer  Ranch Formation sedimentary rocks.  This
feature  is  best  displayed  at  the crest of Red Hill Ridge, where a carbonate
conglomerate  lens  occurs  along the ridge, with opposing dips on the north and
south  sides.  The  synform  is  relatively  broad and plunges very gently east.


Alteration  and  Mineralization

Alteration  is  widespread  on  the  PW  Property  and  includes silicification,
iron-oxide  staining  and  acid  leaching.

Silicification generally consists of quartz flooding of the rock matrix that has
indurated  the  sandstone,  producing  a "quartzite".  This phenomenon generally
occurs  in areas of brecciation.  Occasionally quartz flooding is accompanied by
fine  druse  quartz  on  fractures.  Less  common  forms  of  silification  are
milky-gray  chalcedonic  quartz (sometimes with calcite) in veins up to 6" wide,
and  intense  quartz  flooding/jasperoid  development  which  accompanies strong
hematization  on  the  eastern  side  of  the  PW  Property.

Iron  oxide  staining  is commonly developed in strongly fractured and weakly to
moderately  silicified  sandstones,  as limonite-goethite fracture coatings with
lesser amounts of hematite.  Areas of strong hematite development in the central
and  eastern  part of the property are generally associated with silicification.
Hematite,  and  to  a lesser degree limonite, is at least in part developed from
oxidized  pyrite.  Small  amounts  of  jarosite  developed in strongly hematitic
zones,  as  at  the  mercury  prospects  on  the  west  end  of  Red Hill Ridge.

Acid  leaching  is  best-developed in calcareous sandstone.  This alteration has
produced  a  leached  rock,  which is vuggy and porous due to carbonate removal.
The  affected  rock  is  moderately  siliceous,  due  primarily to the residual,
unleached, clastic quartz component of the original sandstone.  Acid leaching is
accompanied  by  weak-to-moderate  hematite-limonite  staining.



                                                                   Page 25 of 55
<PAGE>
Insert  3rd  map




                                                                   Page 26 of 55
<PAGE>

Copper  oxide  was  observed  in  one prospect pit in the central portion of the
property  on  the  southeast  end  of  the  "Logan  Canyon"  alteration  zone.

The  most  significant area of alteration occupies a crudely defined, 4,000-foot
by  1,200-foot  zone,  elongated  northwest  along the Logan Creek drainage (and
northern  tributaries).  This  will  be  referred  to  as  the  "Logan  Canyon"
alteration  zone.  Alteration here is developed in calcareous sandstones (mostly
acid  leaching)  and  overlying non-calcareous sandstones (silification and iron
oxide  staining).  This  alteration  zone  extends northwest to the range front,
where  it  is  concealed by pediment cover.  Alteration appear to be at least in
part  controlled by the sedimentary rock-gabbro contact, as this contact and the
southwest  edge  of  the  alteration  zone  are  grossly coincident.  Additional
alteration  controls  appears  to be northeast structures and lithology.  On the
northeast  edge of the alteration zone, silicification does not generally extend
for  more  than  300-400  feet  into the noncalcareous sandstone, except locally
along  northeast  structures.

Geochemistry

Rock  Chip  Geochemistry


The  current rock chip database consists of a total of 410 samples, collected by
Nassau  Ltd.  during  the  1980's  and  by  the Corporation in April, 1998.  The
database  includes  123  trench  samples  collected  by  Nassau  Ltd. in 1989 (5
trenches,  3,500  feet).  Samples  generally show anomalous mercury, arsenic and
antimony  values,  along  with  spotty,  weakly anomalous gold and generally low
silver  values.

Although  the  gold  values  in the rock chip samples are generally low,  mildly
anomalous  values  from a coherent cluster on one of the northern tributaries to
Logan  Canyon, in the central portion of the property.  This cluster corresponds
with  the  silicification and iron oxide staining in the sandstones in the Logan
Canyon  alteration zone.  Other coherent, weak rock chip gold anomalies occur in
the  ESE-WNW  trending  Red  Hill ridge, and in a small area to the west of this
ridge  toward  the  pediment  cover,  about  800  feet  south  of the old Nassau
trenches.  In contrast, anomalous arsenic, mercury and antimony occur coincident
with,  and  over  a  much  larger  area, than the weak rock chip gold anomalies.


                                                                   Page 27 of 55
<PAGE>

Soil  Geochemistry

The  soil  geochemistry database consists of 200 samples, 44 collected by Nassau
Ltd.  near  the projection of the northwest Logan Canyon alteration zone and the
northeast  trending range front, and 156 samples collected in April, 1998 by the
Corporation,  in  the  central  portion of the Logan Canyon alteration zone.  As
with  the  rock  chip  data,  soil  gold  geochemistry is weak but coherent, and
anomalies  for  mercury,  arsenic  and antimony are strong.  Contoured anomalous
mercury and arsenic values display a good relationship to the northwest trending
Logan  Canyon alteration zone, and also appear to be partially influenced by the
northeast  structural  trends  described  in  the  geology  section.

Geophysics

38.6  line  miles  of  global  positioning  system  ("GPS") ground magnetics was
completed  by  Zonge  Geosciences  in  April,  1998 over a 2.5 square mile area.
Lines  were  oriented east-west and spaced 400 feet apart, except in a partially
covered  area  in the Logan Canyon drainage, where lines were spaced 200 feet to
provide  better  definition.  Evaluation  of  the data resulted in the following
observations.

A  broad  magnetic  low occurs coincident with the Logan Canyon alteration zone.
Although it is tempting to ascribe this magnetic low to hydrothermal alteration,
the  magnetic  signature  could  at  least  in  part  be due to a north-side-low
response expected from the regionally extensive Humboldt gabbro complex.  A weak
but  persistent magnetic low extends 2,000 feet north-northeast into the covered
pediment, off of the northern edge of the property and the magnetic survey grid.
This  feature  could  possibly  be  caused  by  alteration  along  a  structure.

A probable gravel unit is defined on the pediment in the northwest corner of the
property.  The survey has apparently defined basalts in the Tertiary sedimentary
rock section that overlaps the Jurassic units just off the southwest edge of the
claim  block.  The  gabbro bodies appear to be defined by intermediate highs, in
contrast  to  the  generally  low  magnetic  values  in the Jurassic sedimentary
section.  Basalt-bearing  alluvial  rubble gravel fans appear as magnetic highs.

Exploration  Potential


Extensive  rock  alteration  occurs  on  the PW Property, the nature of which is
consistent  with  a  near-surface,  hot  springs-type, gold-bearing hydrothermal
system.  The  obvious  host  lithologies  at  Red  Hill are Jurassic sedimentary
rocks.  The  existence  of  a  , gold-bearing hydrothermal system at Red Hill is
further  supported  by  the  following:

     Anomalous  mercury  values  on  the  PW  Property  associated with weak but
     nonetheless  anomalous  gold  values;

     documented  thermal  waters  on the pediment to the southeast near New York
     Canyon;  and

     high level (hot springs) alteration, and gold values at the New York Canyon
     kaolin  pit,  located  along the range front four miles southwest of the PW
     claims.

aArsenic,  antimony  and  mercury  values are anomalous at Red Hill in both rock
chip  and  soil samples, within an alteration/geological setting favorable for a
gold mineralization system.  Although gold values at the surface are low they do
show  a  discernable  pattern, and occupy a position within the larger anomalous
trace  element  zones  that  is  consistent  with  the alteration and structural
setting.  The  exploration  concept  at  Red  Hill  is  thus  fairly classic and
straightforward:

the  PW  Property  represents  the upper reaches of a  gold-bearing hydrothermal
system,  as  indicated  by  silicification and especially acid leach alteration;
and


                                                                   Page 28 of 55
<PAGE>
silicification  in  the  sandstones  may have served as a "silica cap" overlying
potential  gold  mineralization  in  the  more  favorable  underlying calcareous
lithologies.

Low  gold  values, along with anomalous values in arsenic, mercury and antimony,
are  expected  at  the  levels  exposed  at  Red  Hill,  with higher gold values
potentially  occurring  at depth below (or laterally from) the zone of leaching,
along  permeable  structures and/or within a favorable stratigraphic horizon(s).


There  are  examples  in Nevada of the type of gold deposits sought at Red Hill.
These  properties  contain  extensive  areas  of high-level, "hot springs" type,
hydrothermal  alteration,  with high mercury, arsenic, + antimony and + thallium
                                                      --              -
values,  but very low surface gold values.  These deposits include Hollister, in
the Ivanhoe mercury district, Elko County, (2.8 mm ounces gold estimated mineral
inventory),  the  Buckhorn South/Zeke deposit Eureka County (110,000 ounces gold
reserve/resource)  and  Goldbanks  in  the  Goldbanks mercury district, Pershing
County  (1.62  mm  ounces  gold  reserve)

ICP  PROPERTY  -  IOWA  CANYON  MINING  DISTRICT,  LANDER  COUNTY,  NEVADA,  USA
--------------------------------------------------------------------------------

Location  and  Introduction

The  Iowa  Canyon  Property  ("ICP Property") lies within the Iowa Canyon mining
district  along  the northwest flank of the Toiyabe Range approximately 56 miles
south  of Battle Mountain in Lander County, Nevada.  The ICP Property is located
in  T.23  N.,  R.  44  E,  sections  22,  23, 26 and 27.  In September 1997, the
Corporation located 42 lode mining claims (ICP 1-42) in the northwest portion of
the  district.  The  ICP  Property consists of the Corporation's ICP lode claims
and  three  Chem  (3,5 & 7) lode claims optioned from Brancote U.S. Inc. under a
Mining  Lease Agreement dated April 21, 1998.  The Chem claims cover "Chem Hill"
which  was  the primary focus of the previous gold exploration activity and host
for  a  small  gold  resource  (2.5  million  tons of 0.013 oz/ton Au).  The ICP
claims  are  located  south  of  Chem Hill and cover a large area of essentially
unexplored  pediment  and  range  front  that  is  highly  prospective  for gold
mineralization.

The ICP Property consists of 42 lode mining claims with Certificates of Location
registered  in the name of the Corporation's subsidiary Triband Resource US Inc.
The  Certificates  are  registered  with  the Bureau of Land Management in Reno,
Nevada,  USA  and  are  listed  below.


LODE CLAIM    LOCATION DATE    NMC NUMBER
------------  --------------  -------------

   ICP 1-8    March 27, 1997  772641-772648
------------  --------------  -------------
   ICP 9-18   March 26, 1997  772649-772658
------------  --------------  -------------
   ICP 19-26  March 27, 1997  772659-772666
------------  --------------  -------------
   ICP 27-34  April 18, 1997  772667-772674
------------  --------------  -------------
   ICP 35-42  May 15, 1997    772675-772682
------------  --------------  -------------

(T.23  N.,  R.44  E.,  Sec.  22,  23,  26  &  27)

The  Iowa  Canyon  district  has  been  explored  primarily  for  fluorite
mineralization.  The  fluorite  occurs  as  numerous small carbonate replacement
deposits  that  are  spatially  and  genetically related to a Cretaceous igneous
intrusive  stock.  Sporadic,  small scale exploration of these deposits occurred
until  about  the  mid-1970's.

Geology

The  ICP  Property  is underlain principally by Paleozoic sedimentary rocks that
are  intruded by a Cretaceous quartz monzonite stock.  A large proportion of the
sedimentary  rocks  exposed  in  the district are siliceous clastic rocks of the
Ordovician  Valmy  Formation.  The  Valmy  Formation  exposed  on  the  property
includes in order of decreasing abundance;  quartzite, siltstone-sandstone, with
lesser  amounts  of limestone and chert.  The Valmy Formation was emplaced along
the  Roberts  Mountain  Thrust Fault during the Antler Orogeny which moved upper
plate  western facies siliceous rocks (Valmy Formation) over lower plate eastern
facies  carbonate  rocks.


                                                                   Page 29 of 55
<PAGE>
Lower  plate carbonate rocks are exposed as small windows developed in the upper
plate  Valmy  Formation.  A  window  exposing  lower plate limestone occurs just
north  of  the intrusive stock and south of Chem Hill.  The exposed limestone is
probably  the  Ordovician  Hanson  Creek  Formation.  Carbonate rocks exposed in
tectonic  windows indicate that chemically reactive rocks favorable to host gold
mineralization,  may  occur at reasonably shallow (drillable) depths beneath the
large  exposures  of  the  altered  upper plate Valmy Formation and Tertiary age
rocks.

During the Cretaceous Period, a quartz monzonite igneous stock was emplaced into
the  Paleozoic  sedimentary  rocks.  The  exposed  portion  of  the  stock  is
approximately  0.75  square  miles  in  aerial  extent  (2000 x 5000 feet).  The
abundance  of  igneous dikes and intensity of thermal metamorphic effects on the
sedimentary rocks, suggests that portions of the intrusive occur at a relatively
shallow  depths and at significant distances outward from the surface exposures.
The  intrusion  is  characterized  by  fine-to-medium-grained  textures  and  is
principally  quartz monzonite in composition, although more mafic (granodiorite)
facies occur.  Biotite, quartz, feldspar and some muscovite phenocrysts occur in
finer-grained  groundmass  of the same mineralogical composition.  Variations in
mineralogical  composition  are  common  within  the intrusive mass.  The border
zones  are  commonly  bleached  and  clay altered, resulting in the formation of
light colored rocks that contain varying mixtures of secondary clays, quartz and
iron  oxide  minerals.

Thermal  metamorphic  effects  are widespread within the Valmy Formation and the
lower plate Paleozoic limestone exposed in the drainage south of Chem Hill.  The
thermal  aureole  extends  several  thousand  feet  from  the  exposed intrusive
contact.  The  thermal effects include recrystallization and bleaching developed
within  the chert and clastic rocks and the removal of fine-grained carbonaceous
material.  The  degree  of  recrystallization  and  bleaching  diminishes  with
increasing  distance from the intrusive contact.  Limestones are recrystalllized
to  coarser  grained  marble  and  weak  calcic skarn formation as the result of
thermal  and  metasomatic  effects.  Insert  4th  map

The  skarn  zones  are  typically less than 3 feet wide and contain the minerals
diopside,  garnet,  calcite,  minor  actinolite  in  veinlets  and  quartz.

The Tertiary section consists of volcanic, volcanoclastic and fluvial-lacustrine
sedimentary  rocks.  This  rock  sequence  is exposed throughout the Iowa Canyon
district  and  is  mapped  as  the  Oligocene  age  Hall  Creek Tuff by the U.S.
Geological  Survey.  Several distinctive rocks units have been recognized on the
property  and  were  mapped  in  detail during Spring 1998.  These include, from
oldest to youngest:  rhyodacite flow or flow dome, crystal-lithic rhyolite tuff,
conglomerate,  siliceous  sediments,  crystal  tuff, rhyolite tuff breccia and a
biotite  rhyolite.  These Tertiary rocks host the known gold resource identified
on  Chem  Hill.

Structurally,  the  district  is  relatively complex.  The oldest structures are
low-angle faults belonging to the regionally extensive Roberts Mountains Thrust,
a  major  tectonic event that occurred as a result of the Devonian-Mississippian
Antler  Orogeny.  The  Roberts  Mountain  Thrust,  and related structures, moved
western  assemblage siliceous, clastic rocks over lower plate carbonate platform
rocks  that  comprise  the  eastern  assemblage.

Several  small  areas  of  lower  plate  carbonate rocks are exposed in the Iowa
Canyon  district  as  windows  through  the  upper  plate assemblage.  Low-angle
faulting  and  subparallel  fracture sets are abundant within the Valmy Sequence
rocks  exposed  on  the  property  and  may  be  related to the regional Roberts
Mountain  Thrust.


                                                                   Page 30 of 55
<PAGE>
Numerous sets of steeply-dipping faults occur on the ICP property and throughout
the  Iowa  Canyon  district.  Several  prominent fault sets have been mapped and
include:  1)  N  15-25o W, 2)  N60oE, 3) N 10-20oE and 4) N 35-45o W.  Faults of
other orientations also occur but are not abundant enough to be defined as major
structural  sets.  The  N  15-25oW  set  appears  to be an important control for
hydrothermal  alteration and mineralization.  Faults of this set are responsible
for  the  topographic break that forms the creek drainage south of Chem Hill and
are  believed to be the main controlling structure(s) for the strong geochemical
anomalies that occur along this marked topographic feature.  This structural set
strikes  directly into Chem Hill, occurs in close spatial proximity to the drill
holes  with  the  strongest  gold  values,  and  probably is a major controlling
feature  for  the  known  gold  mineralization  in  the  district.

Alteration

Several  distinct  types  of  alteration  occur  in the Iowa Canyon district and
include:  1)  silicification,  2)  argillic  clay  alteration,  3)  phyllic
quartz-sericite-pyrite  alteration,  4)  quartz  veining,  5)  pyrite  sulfide
introduction  and  6)  supergene alteration.  In addition to the main alteration
features  listed  above,  weak  contact  metasomatism  produced  narrow zones of
non-sulfidic  calcic  skarn  as  discussed  in  the  geology  section.

The  bulk  of  the  gold  mineralization  is  associated  with  hydrothermal
silicification.  The  silicification  consists  of  microcrystalline  quartz
replacements  of  the  Tertiary  volcanic  and sedimentary rocks and to a lesser
degree,  replacements  of  the  pre-Tertiary  sedimentary  rocks.  The quartz is
fine-grained,  gray  and  commonly  extremely vuggy with drusy quartz-lined open
spaces.  Pyrite  occurs  as disseminations, individual crystals and crystallized
aggregates.  Oxidation  of  the  sulfides resulted in the production of abundant
iron  oxide  minerals  and  jarosite in the form of disseminations, fracture and
open  space  infillings, and local gossans.  Chalcedonic and opaline silica also
occurs  as rock replacements and are most abundant on, and near, Chem Hill where
they  are  mixed  with epithermal microcrystalline quartz.  The silicified rocks
are  commonly  crosscut  by  later  colorless  to gray quartz veins ranging from
microveinlets  (less  than  1  mm.) to narrow veins that locally contain sulfide
minerals.

Argillic  clay  alteration  occurs  intermixed with zones of silification and is
best  developed  within  the  Tertiary  volcanic rocks.  Argillic clays are also
developed  within the Cretaceous intrusion, in areas of fluorite mineralization,
and  to  a  lesser extent along fault-fracture zones in the Valmy Sequence.  The
exact  clay  composition  of  these  zones  in  unknown,  but are believed to be
mixtures  of  kaolinite, illite and probably montmorillonite in association with
silicia  and  iron  oxides.

Phyllic  alteration  is  common  along  the  margin of the igneous intrusion and
consists  of  sericite,  quartz  and  dispersed pyrite (usually oxidized to iron
oxides).  Many  of the strongest zones of phyllic alteration are associated with
fluorite  mineralization.  Feldspar  minerals  are  altered to sericite and some
clay  minerals  while quartz usually occurs as irregular groundmass replacements
and  in  veins.  These  veins are white and massive, typical of mesothermal-type
vein  deposition.  The  quartz  veins are ubiquitous along the intrusion contact
zone  and  typically  flood  the  host sedimentary rocks with quartz stockworks.
Most  of the veins are limonitic, resulting from the oxidation of pyrite.  These
mesothermal quartz-veined phyllic alteration zones are relatively gold-deficient
and  contain  much  lower  concentrations of As, Sb, and Hg, suggesting that the
intrusive-related  hydrothermal  event  was  primarily  fluorine  rich.


                                                                   Page 31 of 55
<PAGE>
Mineralization

The  types  of mineralization occurring in the Iowa Canyon district include:  1)
fluorite  mineralization,  2)  weak molybdenum mineralization related to igneous
rock  and  3) epithermal gold mineralization.  As discussed in the introduction,
the  fluorite  mineralization  in  the  district  has  been  explored  and mined
intermittently  from  the mid-1940's to the mid-1970's.  Although numerous cuts,
trenches  and  small  pits  exist, the total production is estimated to be about
1500  tons  of  fluorite,  with  little  potential for additional tonnage of any
significance.  Exploration  for  intrusive-related  molybdenum mineralization in
the  district during the late 1960's or early 1970's included the drilling of at
least  4  diamond  core  holes.  The  results  of  this  program  are  unknown.

The  fluorite  and  molybdenum  mineralization  are  directly  related  to  the
emplacement  of  the  Cretaceous quartz monzonite igneous stock.  The alteration
mineral assemblages are typical of an intrusive-related, lithophile element-rich
system.  Textural,  mineralogical  and geochemical features of the quartz veins,
the  phyllic alteration zone, and the fluorite mineralization are characteristic
of  those  that typify magmatic-hydrothermal mineralization developed during the
later  stages  of  intrusion  emplacement.

Gold  exploration  in  the  district began in the mid-1980's by Mines Management
Company  which drilled the initial shallow rotary holes in the Chem Hill area in
an  attempt  to  discover  a shallow, bulk-minerable, open pit gold deposit.  It
drilled  a  total  of  15  holes in a surface gold-bearing siliceous zone in the
Tertiary volcanic and sedimentary rock section beneath the surface gold anomaly.
In  1990,  Echo Bay Exploration substantiated the presence of anomalous gold and
expanded  the  area of known mineralization by drilling an additional 12 reverse
circulation  holes.  The  latest  exploration  in the district was undertaken by
North  Mining  in  1994  and included drilling 18 reverse circulation holes that
were  focused  on  and  near  Chem  Hill.  Their  drilling  on  Chem  Hill again
substantiated  the  subsurface  mineralization  and  further  expanded the known
resource  area.  The  North  drilling  also  encountered  anomalous  gold
mineralization  in  the  pediment-covered  area that is located between the main
range  front  (to  the  south)  and  Chem  Hill.

The  zones  containing the most anomalous gold mineralization encountered in the
drill  holes  to  date  are  typically  silicified  and  argillic  altered,  are
associated  with  quartz veining, and contain pyrite.  The massively silicified,
and  quartz-chalcedonic  silica  veined zones typically contain small amounts of
gold.  However,  the  exact nature of the drill hole mineralization is not known
because  of  the relatively incomplete drill logs and the lack of rocks chips to
examine.  The  drilling  completed  to  date  also  indicates that the best gold
mineralization  occurs  within  the  Tertiary  rock sequence.  However, very few
holes  have penetrated the Tertiary-pre-Tertiary unconformity and none have been
drilled  deep  enough  to  reach  the  lower  plate  rocks.

Geochemistry

A  total  of  about 210 rock samples have been collected from the surface of the
ICP  and  Chem Claims and the surrounding area.  About 150 of these samples were
collected  by the Corporation and the rest previously collected by Cyprus Metals
Exploration  and  North  Mining.

Using  these  samples  as  a  data  base  a set of geochemical anomaly maps were
prepared  to  show  the distribution of samples containing gold and the contents
and  distribution  of the gold associated elements.  Anomalous concentrations of
gold (greater than 0.05 ppm), arsenic (greater than 1000 ppm), antimony (greater
than  100 ppm), mercury (greater than 0.1 ppm), silver (greater than 10 ppm) and
molybdenum  (greater than 100 ppm) are common on the property.  The distribution
of  coincident  elemental  anomalies, as defined by the geochemical anomaly maps
have been plotted.  These anomalies are focused primarily in two distinct areas:
1)  on  and  near  Chem Hill and 2) in the drainage south of Chem Hill.  Both of
these  anomalous  zones  are  believed to have resulted from hydrothermal fluids
that  were  focused  along  the  north-northwest trending fault zone.  The large
expanse  of  pediment  that  separates  these  two  anomalies is a high-priority
drilling  target.  In  addition to the pediment, the undrilled drainage contains
strongly anomalous gold values and is a priority target area.  Additional target
areas  are  believed  to  exist  just  west  of the drainage beneath the altered
volcanic  rocks.


                                                                   Page 32 of 55
<PAGE>
The  Chem  Hill  anomaly  has been extensively drilled by the previous companies
exploring  the district and offers less obvious exploration potential.  However,
the  north-northwest  trending  structural  zone,  characterized  by  intense

The Company has abandoned this property in 2000 due to economic reasons.

THE  STANDARD  CREEK  PROPERTY  -  BRITISH  COLUMBIA
----------------------------------------------------

Introduction

The Standard Creek property ("Standard Creek Property") is located 13 kilometers
southeast  of  Bralorne,  British  Columbia,  Canada  in the Gold Bridge area of
British  Columbia.  The  Standard  Creek  Property  comprises  of 83 claims (the
"Claims")  containing  171  units covering an areas of approximately 25.5 square
kilometers  in  the  Lillooet  Mining  Division.


The  Claims  are underlain by rocks of the Fergusson Group, the Pioneer and Noel
Formations of the Cadwallader Group, Bralorne Diorite, President ultrabasics and
Coast Granitic rocks.  The property lies along the southeast extension of a gold
bearing  structure,  the  Cadwallader  Break of the Bralorne Fault system.  This
fault  system  hosts  the  Bralorne/Pioneer mining complex, 13 kilometers to the
northwest.  The  Cadwallader  Gold  Belt  is characterized by the association of
gold  bearing  quartz  veins  with  a  complex  northwest  trending fault system
occupying  the  Cadwallader  Creek  Valley.  Variable  ultramafics  are  closely
associated  with  the  fault  system  and  gold  mineralization.


Exploration  potential  exists  for  the  discovery  of  mineralization  to  the
southeast  of  Bralorne  along with the Cadwallader Fault System on the Standard
Creek  Property.  Extensively altered ultramafic rocks are known in the area and
gold  and arsenic anomalies in soil samples appear to be closely associated with
serperntinites  along  the  Cadwallader  Fault  system.

Status  of  Claims

The  Standard  Creek  Property currently consists of 83 Claims comprising of 171
units  in  the  Lillooet Mining Division, British Columbia.  The claim units are
listed in Table below.  The claim information is obtained from the system of the
B.C.  Ministry  of  Energy,  Mines  and  Petroleum  Resources.

The  Claims listed below are covered by the Mines Act (British Columbia) and are
subject to a required assessment or cash in lieu of $200 per year per year after
their  expiry date in the case of the 4 post and 2 post claims and revered crown
ants,  and  payment  of  annual  taxes  in  the  case  of  the  crown  grants.


CLAIM NAME                  UNITS            YEAR STAKED     EXPIRY DATE
-----------------  ------------------------  -----------  ------------------

Tom 1-8            2-Post:  8 Units                 1984  October 11, 2000
-----------------  ------------------------  -----------  ------------------
Pat 1-8            2 Post:  8 Units                 1979  September 4, 2000
-----------------  ------------------------  -----------  ------------------
Mac 1-8            2 Post:  8 Units                 1986  August 6, 2000
-----------------  ------------------------  -----------  ------------------
June 1-8           2 Post:  8 Units                 1986  August 6, 2000
-----------------  ------------------------  -----------  ------------------
Peak               Modified Grid:  9 Units          1986  September 4, 2000
-----------------  ------------------------  -----------  ------------------
Butte-X-Cal        Modified Grid:  20 Units         1983  February 14, 2000
-----------------  ------------------------  -----------  ------------------
Lion 1             Reverted Crown Grant             1983  June 13, 2000
-----------------  ------------------------  -----------  ------------------
Lion 7             Reverted Crown Grant             1983  June 13, 2000
-----------------  ------------------------  -----------  ------------------
Bulldog 7          Reverted Crown Grant             1983  June 13, 2000
-----------------  ------------------------  -----------  ------------------
Unicorn 4          Reverted Crown Grant             1983  June 13, 2000
-----------------  ------------------------  -----------  ------------------
Unicorn 6          Reverted Crown Grant             1983  June 14, 2000
-----------------  ------------------------  -----------  ------------------
Bralorne Ext       Modified Grid:  20 Units         1984  June 14, 2000
-----------------  ------------------------  -----------  ------------------
Standard 1         Modified Grid:  4 Units          1984  September 13, 2000
-----------------  ------------------------  -----------  ------------------
Pie 3              2 Post:  1 Unit                  1985  November 19, 2000
-----------------  ------------------------  -----------  ------------------
Pie 4              2 Post:  1 Unit                  1985  September 17, 2000
-----------------  ------------------------  -----------  ------------------
Pie 5              2 Post:  1 Unit                  1985  September 17, 2000
-----------------  ------------------------  -----------  ------------------
Pie 6              2 Post:  1 Unit                  1985  September 17, 2000
-----------------  ------------------------  -----------  ------------------
Royalty            Reverted Crown Grant             1983  June 14, 2000
-----------------  ------------------------  -----------  ------------------
Royalty C Fr.      Reverted Crown Grant             1983  June 14, 2000
-----------------  ------------------------  -----------  ------------------


                                                                   Page 33 of 55
<PAGE>
Royalty 11         Reverted Crown Grant             1983  June 13, 2000
-----------------  ------------------------  -----------  ------------------
Standard 2         Modified Grid:  12 Units         1984  November 19, 2000
-----------------  ------------------------  -----------  ------------------
Goldstream I       Modified Grid:  12 Units         1985  February 22, 2000
-----------------  ------------------------  -----------  ------------------
Goldstream II      Modified Grid:  12 Units         1985  February 22, 2000
-----------------  ------------------------  -----------  ------------------
Goldstream Ext. 1  Modified Grid:  6 Units          1985  May 6, 2000
-----------------  ------------------------  -----------  ------------------
Goldstream Ext. 2  Modified Grid:  4 Units          1985  May 6, 2000
-----------------  ------------------------  -----------  ------------------
Pie 1                       2 Post:  1 Unit         1985  September 17, 2000
-----------------  ------------------------  -----------  ------------------
Pie 2                       2 Post:  1 Unit         1985  September 17, 2000
-----------------  ------------------------  -----------  ------------------
Royalty 1          Reverted Crown Grant             1983  June 13, 2000
-----------------  ------------------------  -----------  ------------------
Royalty 2          Reverted Crown Grant             1983  June 13, 2000
-----------------  ------------------------  -----------  ------------------
Royalty 3          Reverted Crown Grant             1983  June 14, 2000
-----------------  ------------------------  -----------  ------------------
Royalty 4          Reverted Crown Grant             1983  June 14, 2000
-----------------  ------------------------  -----------  ------------------
Royalty 5          Reverted Crown Grant             1983  June 14, 2000
-----------------  ------------------------  -----------  ------------------
Royalty 6          Reverted Crown Grant             1983  June 14, 2000
-----------------  ------------------------  -----------  ------------------
Royalty 7          Reverted Crown Grant             1983  June 14, 2000
-----------------  ------------------------  -----------  ------------------
Royalty 8          Reverted Crown Grant             1983  June 13, 2000
-----------------  ------------------------  -----------  ------------------
Royalty 9          Reverted Crown Grant             1983  June 13, 2000
-----------------  ------------------------  -----------  ------------------
Royalty 10         Reverted Crown Grant             1983  June 13, 2000
-----------------  ------------------------  -----------  ------------------
Royalty A Fr.      Reverted Crown Grant             1983  June 14, 2000
-----------------  ------------------------  -----------  ------------------
Royalty B Fr.      Reverted Crown Grant             1983  June 13, 2000
-----------------  ------------------------  -----------  ------------------
Chalco D Fr.       Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 5           Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 6           Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 8 Fr.       Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 9           Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 10          Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 12          Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 13          Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 35          Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 36          Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 37          Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 38          Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------
Chalco 39 Fr. A    Crown Grant               N/A          N/A
-----------------  ------------------------  -----------  ------------------

Due to depressed gold price, the Corporation decided not renewed any claims that
were  expired  in  1999  and  2000.

Location  and  Access

The  Standard  Creek  Property  is  located  in  the  Lillooet  Mining Division,
approximately  13  kilometres  southeast  of Bralorne, British Columbia, Canada.
The  Claims  cover  approximately  25.5  km  2 centering on latitude 50o42'N and
longitude  122o37'W.  Access  to  the  property  is  by  20 kilometres of gravel
logging road exiting southeast along Cadwallader Creek from Gold Bridge, British
Columbia.  Approximately  110 kilometres of good gravel road connect Gold Bridge
with  Transprovincial  Highway  12  at  Lillooet,  British  Columbia.

Physiography

The  Standard  Creek  Property  is  situated  in mountainous terrain between the
Cadwallader  and  Bendor  Ranges  of the Coast Mountains.  Elevations range from
1,300  metres  in Cadwallader Creek at the west end of the property to in excess
of  2,300  metres  at  the summit of Royalty Peak.  The valley flow is generally
snow  free  for  about  8  months  of  the  year.  Vegetation  varies from thick
coniferous  and  older  growth  along  the  valleys  to alpine terrain at higher
elevations.  The  area  has  been subjected to alpine glaciation as evidenced by
U-shaped  valleys  and  the  development  of  cirques.  Overburden  thickness is
variable  throughout  the  property  and  slides are not uncommon in some of the
steeper  areas.

History

The  Standard  Creek  Property  is  a  consolidation  of several gold and silver
bearing prospects located near the confluence of Standard Creek with Cadwallader
Creek.  Interest in the Cadwallader Creek area dates back to 1897 when load gold
was  first discovered.  Work on the Standard Creek Property is first reported in
the  early  1930's.


                                                                   Page 34 of 55
<PAGE>
The  Corporation  obtained  the  entire right, title and interest of 512026 B.C.
Ltd.  pursuant  to  the  terms  of  a Property Agreement, dated February 6, 1996
between  the Corporation and 512026 B.C. Ltd.  The acquisition the entire right,
title  and  itnerest  of 512026 BC Ltd. pursuant to the Property Agreement dated
February  6,  1996 allowed the Corporation to change from being a Junior Capital
Pool  listed  company  to  a  fully  listed Exchange Issuer on the Alberta Stock
Exchange,  now  the  CDNX.

Geology  and  Mineralization

Regional  Geology

The geology of the Bridge River-Cadwallader Creek area is well documented in the
literature  and  continues  to  be the subject of investigations.  The principal
strategic  assemblages  of  the  area  are the Fergusson, Cadwallader and Taylor
Creek  Groups.  The  Fergusson  Group,  the  oldest  known  unit in the area i s
believed  to  be  Pre-Permian  in  age.  It consists of steeply chert beds, some
marble,  schist,  gneiss  and  hornfels.  In some places, cataclasis has reduced
bedding  laminations  to  sheared  quartz  lenses  and intensely milled breccias
resembling  quartz  pebble  conglomerate.  Locally,  the  group  is  invaded  by
numerous  greenstone  dykes and sills which have been reduced to clorite schists
in  zones  of  intense  shering, and altered to fine-grained amphibolites in the
thermal  aureoles  of  large  granitic  stocks.

The  Pioneer  Formation  is apparently the oldest unit in the Cadwallader Group.
It  consists of greenstones (chlorite and ipidote bearing basic volcanics) which
appear  to be connected to greenstone feeders intruding the underlying Fergusson
Group.  The  only  sedimentary rocks assigned to the Pioneer Formation are a few
small  lenses  of  limestone  and  thin  tephra  beds.

The  Noel  Formation  is  typically  a discontinuous thinly bedded argillite and
siltstone  unit  with  a  few  thin  zones  of  dark grey limestone.  At various
locations in the area the formation rests directly on Fergusson Group rocks.  At
other  locations  it  overlies  Pioneer  greenstones  and  elsewhere the unit is
missing.  The  youngest member of the Cadwallader Group is the Hurley Formation,
predominately composed of green, brown and black argillite and cherty argillite.
These  beds  are  locally intercalated with gritty siltstones and sandstones and
some  calcarenites.  Boulder  and  pebble  conglomerate has been observed at the
base of the formation, resting conformably on the Pioneer Formation.  The Taylor
Creek  Group, overlying the Cadwallader Group, consists mostly of coarse clastic
sedimentary rocks, the source of which is believed to be the Fergusson Group and
the  Hurley  Formation.

The  main  igneous  intrusions of the area are the Bralorne Diorite (Paleozoic),
the  President  ultrabasic  rocks  and  the  Coast Plutonic rocks (Mesozoic).The
Bralorne  diorite  is  explored  at  intervals  from  Standard Creek through the
Bralorne  -  Pioneer mineral belt to the town of Gold Bridge.  The alignment and
elongated  shape of the diorite suggests emplacement in a major fault zone.  The
President  ultrabasic  rocks  are  lenticular bodies that follow the belt of the
Bralorne  Diorite.  The  ultrabasic  rocks are believed to have been emplaced in
fault  zones  either  as  faulted  slivers  of  pyroxenite  and  dunites or as a
crystalline  magma.  Emplacement  was  followed  by  extensive  metasomatism.

The ultrabasic intrusions are known to be younger than the Upper Triassic Hurley
rocks  which  they  cut  and older than overlying Middle Cretaceous Taylor Creek
rocks.  The  coast  plutonic  rocks  comprise  as assortment of granitic plutons
exposed at various locations including the Bendor Ridge.  These rocks are mainly
hornblende granordioite with quartz diorite and biotite granite as local phases.
Numerous  Mesozoic  and Tertiary dykes and sills occur throughout the area.  The
main Tertiary effusives are light brown feldspar porphyries, andesite porphyries
and  less  commonly  fresh  basalt  dykes.

Local  Geology

Exposed  on  the  Standard  Creek Property are rocks of the Fergusson Group, the
Pioneer  and  Noel  Formations  of  the  Cadwallader  Group,  Bralorne  Diorite,
President  ultrabasics  and  Coast  Granitic rocks.  Fergusson Group metamorphic
rocks  occur north of Standard and Cadwallader Creeks.  Sedimentary and volcanic


                                                                   Page 35 of 55
<PAGE>
rocks  of  the  Pioneer  and Noel Formations are found within the Standard Creek
Valley  and  southwest of the Cadwallader Creek.  Bralorne Diorite outcrops near
the  junction  of  Standard  and  Cadwallader Creeks.  President ultrabasics are
found  cutting  both Fergusson and Cadwallader Group rocks, while Coast granitic
rocks are generally found intruding Fergusson Group rocks along the Bendor Ridge
in  the  north  and  northeast  parts  of  the  Standard  Creek  Property.

Mineralization

The  Cadwallader  Gold  Belt is characterized by the association of gold bearing
quartz  veins  with  a  complex  northwest  trending  fault system occupying the
Cadwallader  Creek  Valley.  Variably altered ultramafics are closely associated
with  the  fault  systems  and  gold  mineralization.  Gold  quartz veins at the
Bralorne mesothermal deposit have extensive quartz-ankeritic carbonate-muscovite
hydrothermal  alternation  envelopes  that  grade  outward  to
chlorite-calcite-albite.

Minor pyrite with traces of sphalerite, galena and tetrahedrite are found in the
veins  with  native  gold,  more  abundant  pyrite and arsenophyrite with lesser
phyrrhotite  and chalcopyrite occur in altered wall rocks adjacent to the veins.
The gold at Bralorne is principally found as thin smeared flakes of native metal
in  black  sulphitic  septae  of  the  strongly  ribboned  shear veins.  Altered
ultramafic  rocks  appear to be closely associated with hold deposits around the
world,  although  they  do not necessarily have a direct spatial relationship to
auriferous quartz veins.  Characteristic features of their veins are as follows:

(1)  they  are  extremely  rich  but  erratically  distributed;


(2)  they  are  surrounded  by  a zone of carbonate alteration and phyritization
     often  more  than  10  feet  wide;  and

(3)  extensive mariposite - bearing quartz - carbonate rocks (listwanites) occur
     along  the  serpentinite  contacts.


Listwanite  is  presumably developed by metasomatic alternation to form the free
quartz  found  in the rocks.  The alteration process may have also released gold
from  ultramafic  rocks  and  remobilized  it into quartz veins.  Alternation of
ultramafics  by carbonation provides a mechanism for release of Au from magnetic
and  secondary  sulfide  where  it  may  have  been  concentrated  during
serpentinization of ultramafic rocks.  Thus, the gold may also be reconcentrated
in  carbonate-altered  ultramafic  rocks.  Listwanites  have  been  identified.
Listwanites  have been identified on the Standard Creek property at the Standard
Zone  and  on the Butte-X-Cal Claim.  Elsewhere on the property arsenic and gold
anomalies  in  soil  samples  appear to be closely associated with serpentinites
which  in  turn  lie  along  the  Cadwallader  Fault  System.  The Piebiter Zone
comprises  low grade gold mineralization in quartzites and quart-boitite schists
at  and  near the contact with ultramafic rocks.  The zone appears to be in part
structurally  controlled  within  a  broad  shear zone, a branch of the Bralorne
Fault  System.  Mineralization  in  the  Piebiter  Zone  is  associated  with
disseminated  pyrite  and  phyrrhotite  anomalous  in  arsenic and is open along
strike  and  to  depth.

Gold  may  also  have  been  derived  in the Bralorne area from gold leached and
transported  by  evolved  meteoric  and  metamorphic  fluids  during metamorphic
outgassing  within the greenschist facies.  The well developed fracturing within
the  major  Bralorne  fault system provided excellent channelways or plumbing to
focus  solutions  from  large volumes of rock.  In this case, the Bralorne fault
system  may  be  the  main  reason  that  gold  deposits are found in this area.


                                                                   Page 36 of 55
<PAGE>
ESTIMATED  ADMINISTRATIVE  EXPENDITURES
---------------------------------------


The  Corporation's  total  administrative costs to carry out the exploration and
anomalous  programs  was  approximately  $92,000.  The estimated average monthly
breakdown  was  as  follows:


<TABLE>
<CAPTION>
ITEM                          AVERAGE MONTH   12 MONTH PERIOD
----------------------------  --------------  ----------------
<S>                           <C>             <C>

Management & Consulting Fees  $        5,000  $         60,000
Office & Miscellaneous                 1,000            12,000
Accounting & Audit                     1,667            20,000
                              --------------  ----------------
        TOTAL                 $        8,167  $         92,000
                              ==============  ================
</TABLE>


ITEM  3     LEGAL  PROCEEDINGS
            ------------------

The  Corporation  is  unaware  of  any  legal  proceedings, either threatened or
pending, to which the Corporation is or is likely to be a party, or of which any
of its properties or assets is or is likely to be the subject, that are material
to  the  business  and  affairs  of  the  Corporation.


ITEM  4     CONTROL  OF  REGISTRANT
            -----------------------

There  are  no persons or entities known by the Corporation to own more than 10%
of  any  class  of  the  Corporation's voting securities.  Ownership is based on
information furnished to the Corporation by nominees holding securities for such
persons.  The  directors,  officers  and  other  members  of  management  of the
Corporation own as a group, directly or indirectly, 401,280 common shares of the
Corporation, representing 2.9% of the total issued and outstanding securities of
the  Corporation.


ITEM  5     NATURE  OF  TRADING  MARKET
            ---------------------------

The  common shares of the Corporation have been listed and posted for trading on
Canadian  Venture Exchange (formerly the Alberta Stock Exchange).  The following
table  sets  forth the high and low closing bid prices, in Canadian dollars, and
trading  volume  of  the  common  shares:

<TABLE>
<CAPTION>
                   HIGH      LOW   VOLUME (X1,000)
--------------  ----------  -----  ---------------
<S>             <C>         <C>    <C>

1996
----
First Quarter   $     0.17  $0.17          335,000
--------------  ----------  -----  ---------------
Second Quarter  No Trades   N/A    N/A
--------------  ----------  -----  ---------------
Third Quarter   No Trades   N/A    N/A
--------------  ----------  -----  ---------------
Fourth Quarter  $     1.48  $1.39        1,363,600


1997
----
First Quarter   $     1.60  $1.45          148,150
--------------  ----------  -----  ---------------
Second Quarter  $     1.42  $1.33        1,805,475
--------------  ----------  -----  ---------------
Third Quarter   $     0.96  $0.91          675,450
--------------  ----------  -----  ---------------
Fourth Quarter  $     0.59  $0.56          634,000
--------------  ----------  -----  ---------------


1998
----
First Quarter   $     0.64  $0.60          802,733
--------------  ----------  -----  ---------------
Second Quarter  $     0.43  $0.41          339,500
--------------  ----------  -----  ---------------
Third Quarter   $     0.27  $0.26          417,783
--------------  ----------  -----  ---------------
Fourth Quarter  $     0.24  $0.23          640,100
--------------  ----------  -----  ---------------


                                                                   Page 37 of 55
<PAGE>
1999
----
First Quarter   $     0.25  $0.10        1,399,599
--------------  ----------  -----  ---------------
Second Quarter  $     0.26  $0.14        2,028,850
--------------  ----------  -----  ---------------
Third Quarter   $     0.25  $0.15          874,100
--------------  ----------  -----  ---------------
Fourth Quarter  $     0.20  $0.10          690,300
--------------  ----------  -----  ---------------

2000
----
First Quarter   $     0.94  $0.10        5,751,927
--------------  ----------  -----  ---------------
Second Quarter  $     0.70  $0.40          846,925
--------------  ----------  -----  ---------------
Third Quarter   $     0.48  $0.17        3,713,372
--------------  ----------  -----  ---------------
</TABLE>


On  September  30,  2000,  the  closing  bid  price  of the Common Shares on the
Canadian  Venture  Exchange  was  $0.40  per  share.


ITEM  6      EXCHANGE  CONTROLS AND OTHER LIMITATIONS AFFECTING SECURITY HOLDERS
             ---------------------------- --------------------------------------

There  are  no  government  laws,  decrees  or regulations in Canada relating to
restrictions  on  the  import/export  of capital, or affecting the remittance of
interest,  dividends  or  other  payments  to  non-residential  holders  of  the
Corporation's shares.  Any such remittances to United States residents, however,
may  be  subject to a 15% tax pursuant to Article X of the reciprocal tax treaty
between  Canada  and the United States.  The applicable rate is dependent on the
type  of  entity  receiving  the  dividends.  See  Item  7  -  Taxation.

Except  as  provided  in  the  Investment  Canada  Act (the "Act"), there are no
limitations under the laws of Canada, the Province of British Columbia or in the
charter  or  any  other constituent documents of the Corporation on the right of
foreigners  to  hold  and/or  vote  the  shares  of  the  Corporation.

The  Act  requires  a  non-Canadian making an investment to acquire control of a
Canadian  business,  the  gross assets of which exceed certain defined threshold
levels,  to  file  an application for review with Investment Canada, the federal
agency  created  by  the  Act.

As  a  result  of the Canada - U.S. Free Trade Agreement, the Act was amended in
January,  1989  to  provide  distinct threshold levels for Americans who acquire
control  of  a  Canadian  business.

A  "Canadian  business" is defined in the Act as a business carried on in Canada
that  has  a place of business in Canada, an individual or individuals in Canada
who are employed or self-employed in connection with the business, and assets in
Canada  used  in  carrying  on  the  business.

An  "American",  as  defined  in  the  Act,  includes:  an  individual who is an
American  national  or  a  lawful  permanent  resident  of the United States;  a
government  or  government  agency of the United States;  an American-controlled
entity,  corporation  or  limited  partnership;  and  a  corporation,  limited
partnership  or  trust  which is not controlled in fact through ownership of its
voting interests in which two-thirds of its board of directors, general partners
or trustees, as the case may be, are any combination of Canadians and Americans.

The  following investments by a non-Canadian are subject to review by Investment
Canada:

1.  all  direct acquisitions of control of Canadian businesses with assets of $5
million  or  more;

2.  all  indirect  acquisitions of control of Canadian businesses with assets of
$50  million or more, if such assets represent less than 50% of the value of the
assets  of  the  entities,  the  control  of  which  is  being  acquired;  and


                                                                   Page 38 of 55
<PAGE>
3. all indirect acquisitions of control of Canadian businesses with assets of $5
million  or  more,  if  such  assets represent more than 50% of the value of the
assets  of  the  entities,  the  control  of  which  is  being  acquired.

Review  by  Investment  Canada  is required when investments by Americans exceed
$150  million  for  direct  acquisitions  of  control.  For purposes of the Act,
direct  acquisition  of  control  means:

     (i)  a  purchase  of  voting  interest in a corporation, partnership, joint
     venture or trust carrying on a Canadian business, or any purchase of all of
     or substantially all of the assets used in carrying on a Canadian business;
     and

     (ii)  indirect  acquisition  of  control  means:

     (iii)  a  pure  of the voting interest of a corporation, partnership, joint
     venture  or  trust,  whether a Canadian or foreign entity, which controls a
     corporation,  partnership,  joint  venture  or trust carrying on a Canadian
     business  in  Canada.

The  acquisition  of  certain  Canadian  businesses  is excluded from the higher
threshold  set  out  for Americans.  These excluded businesses include oil, gas,
uranium,  financial  services  (except  insurance);  transportation services and
cultural  services  (i.e.:  the  publication,  distribution  or  sale  of books,
magazines, periodicals [other than printing or typesetting businesses], music in
print or machine readable form, radio, television, cable and satellite services;
the  publications,  distributions,  sale  and  exhibitions  of  film  or  video
recordings or audio or video music recordings).  Direct or indirect acquisitions
of  control  of these excluded business are reviewable at the $5 million and $50
million  thresholds.

A  non-Canadian will not implement an investment reviewable under the Act unless
the  investment  has  been  reviewed and the Minister responsible for Investment
Canada  is  satisfied or is deemed to be satisfied that the investment is likely
to  be  of net benefit to Canada.  The factors to be taken into account include:

1.   the  effect  of  the  investment  on  the  legal and economic activities in
     Canada,  including the effect on employment and resource processing, on the
     utilization  of  particular components and services produced in Canada, and
     on  exports  from  Canada;

2.   the  degree  and significance of participation by Canadians in the Canadian
     business:

3.   the  effect  of  the  investment  on  productivity,  industrial efficiency,
     technological  development,  product  innovation  and  product  variety  in
     Canada;

4.   the  effect  of  the  investment  on  competition  within  an  industry  or
     industries  in  Canada;  and  likely  to  be  significantly affected by the
     investment;  and

5.   the  compatibility  of  the investment with national industrial economic or
     cultural  policies  enunciated  by the federal government or legislation of
     the  legislature  or  government  of  any  Province.

If  the  Minister  is  not  satisfied  that the investment is likely to be a net
benefit to Canada, the non-Canadian will not implement the investment or, if the
investment  has  been implemented, will divest itself of control of the business
that  is  the  subject  of  the  investment.

A non-Canadian or American making the following investments:  (i)  an investment
to establish a new Canadian business; or, (ii)  an investment to acquire control
of  a Canadian business which investment is not subject to review under the Act;
must  notify  Investment  Canada,  within  prescribed  time  limits,  of  such
investments.

ITEM  7     TAXATION
            --------


                                                                   Page 39 of 55
<PAGE>
Management  of  the  Corporation  considers that the following discussion fairly
describes  the  principal  and material Canadian federal income tax consequences
applicable  to  shareholders  of the Corporation who are residents of the United
States  and  are  not residents of Canada and do not hold, and are deemed not to
hold,  shares  of  the  Corporation in connection with carrying on a business in
Canada  (a  "non-resident").

Except  as  provided  in  the  Act,  there  are no limitations under the laws of
Canada,  the  Province  of  British  Columbia  or  in  the  charter or any other
constituent  documents  of the Corporation on the right of foreigners to hold or
vote  the  common  shares  of  the  Corporation.

The Act, which became effective on June 30, 1985, requires a non-Canadian making
an  investment  to  acquire  control,  directly  or  indirectly,  of  a Canadian
business,  to  file  a notification or an application for review with Investment
Canada.

An  application  for  review  must  be filed if the investor is not a citizen or
resident  of  a  World  Trade Organization member country, and the investment is
over  $50,000,000  or, if the investor is a citizen or resident of a World Trade
Organization  member  country  and the investment is over $179,000,000.  For all
acquisitions  of  a  Canadian business that does not meet the threshold criteria
for  filing  an  application for review, the Act requires the investor to file a
notification.

For  purposes  of the Act, direct acquisition of control means a purchase of the
voting  interests of a corporation, partnership, joint venture or trust carrying
on  a  Canadian  business,  or  any  purchase of all or substantially all of the
assets  used  in  carrying  on  a Canadian business.  An indirect acquisition of
control  means  a purchase of the voting interest of a corporation, partnership,
joint  venture  or trust, whether a Canadian or foreign entity, which controls a
corporation,  partnership, joint venture or trust company carrying on a Canadian
business  in  Canada.

Generally,  dividends paid by Canadian corporations to non-resident shareholders
are  subject  to a withholding tax of 25% of the gross amount of such dividends.
However,  Article  X  of the reciprocal tax treaty between Canada and the United
States  reduced to 15% the withholding tax on the gross amount of dividends paid
to  residents  of the United States.  A further 9% reduction, in 1996, and a 10%
reduction  in  1997  and  thereafter,  in  the withholding tax rate on the gross
amount  of  dividends is applicable when a U.S. corporation owns at least 10% of
the  voting  stock  of  the  Canadian  corporation  paying  the  dividends.

A  non-resident who holds shares on the Corporation as capital property will not
be  subject  to  tax on capital gains realized on the disposition of such shares
unless  such  shares  are  "taxable Canadian Property" within the meaning of the
Income  TaxAct  (Canada),  and  no  relief  is afforded under any applicable tax
treaty.

The  shares  of  the  Corporation  would  be  taxable  Canadian  property  of  a
non-resident  if at any time during the five year period immediately preceding a
disposition  by  the  non-resident  of  such shares (a) not less than 25% of the
issued  shares of any class of the Corporation belonged to the non-resident, (b)
the person with whom the non-resident dealt did not deal at arm's length, or (c)
to  the  non-resident  and any person with whom the non-resident did not deal at
arm's  length

PASSIVE  FOREIGN  INVESTMENT  CORPORATION

As  a  foreign  corporation  with  U.S.  shareholders,  the corporation could be
treated  as  a  passive  foreign  investment corporation ("PFIC"), as defined in
Section 1296 of the Internal Revenue Code.  This determination is dependent upon
the  percentage  of  the  Corporation's passive income, or the percentage of the
Corporation's  assets  which  are  producing  passive income.  U.S. shareholders
owning  shares  of  a PFIC are required to pay tax and an interest charge on the
receipt  of  certain  distributions  and  dispositions  of  PFIC  stock.

Gain  from  a  disposition  of PFIC stock or certain distributions is treated as
income  earned ratably over the period during which the shareholder has held the
stock.  That  portion  allocable  to  the  current  year  and  to years when the
corporation  was not a PFIC is included in the shareholder's gross income in the
year  of  distribution  as ordinary income, rather than as a capital gain.  That


                                                                   Page 40 of 55
<PAGE>
portion of the distribution or disposition which is not allocable to the current
year  is  subject  to  deferred U.S. tax (the amount of tax that would have been
owed  if  the allocated amount had been included in income in the earlier year),
plus  interest.

However,  if  the  U.S. shareholder makes a timely election to treat a PFIC as a
qualified  electing  fund  ("QEF")  with  respect to such shareholder's interest
therein,  the  above-described  rules  generally  will  not apply.  Instead, the
electing  U.S.  shareholder  would  include  annually  in  his  gross income his
pro-rata  share  of  the  PFIC's  earnings and profits and any net capital gain,
regardless  of  whether  such  income  or gain was actually distributed.  A U.S.
Holder  of  a  QEF  can,  however,  elect  to defer the payment of Untied States
Federal  Income  tax  on  income not currently received.  Special rules apply to
U.S.  shareholders  who  own  their  interests  in  a  PFIC through intermediate
entities  or  persons.

The  Corporation believes that it has been a PFIC for each fiscal year since its
incorporation, and expects to be characterized as a PFIC this fiscal year.  U.S.
taxpayers  holding  the Corporation's shares may wish to consult with a personal
tax  advisor concerning the possible application of the PFIC provisions to their
particular  circumstances.





ITEM  8     SELECTED  FINANCIAL  DATA
            -------------------------


<TABLE>
<CAPTION>
                                             YEAR        YEAR        YEAR        YEAR       YEAR
                                             ENDED       ENDED       ENDED       ENDED      ENDED
                                            1999 ($)    1998 ($)    1997 ($)    1996 ($)   1995 ($)
<S>                                        <C>         <C>         <C>         <C>         <C>
Revenues                                           -           -           -           -         -
Exploration  Expenses                       2237,244      76,246     177,476      50,059         -
Depletion, Depreciation and Amortization         212       2,247       6,348           -         -
General and Administrative Expenses          283,430     370,236     138,234      43,833     6,202
Other Income                                  11,818     219,927     120,953       8,043     3,497
Net Income (Loss)                           (899,836)   (228,802)   (201,105)    (85,849)   (2,705)
Per Share                                      (0.07)      (0.02)      (0.02)      (0.02)    (0.01)
Working Capital                              445,643     771,374   2,361,228   1,923,019   225,743
Deferred Exploration Expenses              2,042,109   1,907,394   1,283,748     631,746         -
Other Assets                                 147,649     772,219      14,813           -         -
Long-Term Liabilities                              -           -           -           -         -
Shareholders Equity                        2,635,401   3,450,987   3,659,789   2,554,765   225,743
</TABLE>


The  Corporation's  financial  statements  have been prepared in accordance with
GAAP  in Canada. A major difference under Canadian generally accepted accounting
principals  is  that the costs of acquiring and exploring mineral properties are
capitalized  prior  to commercial feasibility and written down if the properties
are  abandoned,  sold  or  if  management  decides not to pursue the properties.
Under  United  States  generally accepted accounting principles, exploration and


                                                                   Page 41 of 55
<PAGE>
prospecting  costs  are charged to expense as incurred, as are exploration costs
for  projects  not  yet  determined  by  management to be commercially feasible.
Except  as  noted above and as disclosed in Note 10 of the financial statements,
the  financial  statements  conform  in  all  material  respects with U.S. GAAP.
Listed  below  are  the  reconciled  amounts  under  U.S.  GAAP.

<TABLE>
<CAPTION>
                                             YEAR         YEAR        YEAR        YEAR        YEAR
                                             ENDED        ENDED       ENDED       ENDED       ENDED
                                              1999        1998        1997        1996        1995
<S>                                        <C>          <C>         <C>         <C>         <C>
Revenues                                                        -           -           -         -
Exploration  Expenses                         371,959     697,695     829,478     681,805         -
Depletion, Depreciation and Amortization          212       2,247       6,348           -         -
General and Administrative Expenses           403,901     410,236     138,234      43,833     6,202
Other Income                                   11,818     219,927     120,953       8,043     3,497
Basic Net Income (Loss)                    (1,155,022)   (893,190)   (916,536)   (721,375)   (2,705)
Per Share                                       (0.09)      (0.07)      (0.09)      (0.18)    (0.00)
Working Capital                               445,643     771,374   2,361,228     547,619   225,743
                                                    -           -           -           -         -
Other Assets                                  147,649     728,679      14,813           -         -
Long-Term Liabilities                               -           -           -           -         -
Shareholders Equity                           593,292   1,500,053   2,376,041   1,923,019   225,743
</TABLE>



ITEM  9     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF
            FINANCIAL  CONDITION  AND  RESULTS  OF  OPERATIONS
            --------------------------------------------------

The  Corporation  is  involved in mineral exploration activities in Nevada, USA,
and  British  Columbia,  Canada.   To  date,  it has no revenue from operations.
Expenditures  related  to  mineral  exploration  are  capitalized  and corporate
overhead  generated  items  are  expensed. Exploration and overhead expenditures
fluctuate  depending  on  the  exploration  stage  of  the Corporation's various
projects and on the amount of available working capital.  The Corporation is not
restricted  in  its  ability  to  transfer  funds  to  its  subsidiaries.

On November 28, 1997, the Corporation acquired three exploration licenses in the
Bac  Giang  Province  in  Vietnam.  The  Corporation  satisfied  the  minimum
exploration  expenditures  required on this project during the first year of the
licenses;  however,  because  of the unsatisfactory results of the Corporation's
exploration  program,  as  well  as  the  uncertainties regarding renewal of its
exploration  licenses  by the Vietnamese government, the Corporation decided not
to expend any further amounts on this project.  As of February 28, 1999, the end
of  the  Corporation's  first  quarter,  the  Corporation wrote off $154,129 and
abandoned the Bac Giang Project.  The Corporation's abandonment and write-off of
the  Bac  Giang  Project  was  disclosed  to  its  shareholders,  the regulatory
authorities  and  the  public  when  its first quarter financial statements were
released  on April 29, 1999.  The Corporation is therefore no further activities
in  Vietnam  at  this  time.

The Corporation did not engage, does not currently engage, nor does it expect to
engage,  in  any  hedging  transactions  to protect against fluctuations between
Canadian  currency  and  the  U.S. and Vietnamese currencies.  The Corporation's
expenses  are  denominated  in  both Canadian and U.S. currencies.  All expenses
incurred  in  Vietnam  were  paid  for  in  U.S.  currency.

The  following discussion of the operating results and financial position of the
Corporation  should  be  read in conjunction with the Corporation's consolidated
financial  statements  (and  related  notes).


                                                                   Page 42 of 55
<PAGE>
RESULTS  OF  OPERATIONS
-----------------------

YEAR  ENDED  NOVEMBER  30,  1999
--------------------------------

Net  loss  for the year ended November 30, 1999 under Canadian GAAP was $899,836
as  compared  to $228,802 for the year ended November 30, 1998.  The increase in
losses  was  mainly due to write-off of mineral properties for $32,900, deferred
exploration  costs  for  154,282,  and  write-down  of marketable securities for
$374,526.

Net loss for the year ended November 30, 1999 under US GAAP was $115,022 (1998 -
$893,190;  1997  -  $893,190; 1996 - $721,,371).  The increase over the loss per
Canadian  GAAP  was  calculated  as  follows:

<TABLE>
<CAPTION>
                               1999       1998      1997      1996     1995
<S>                         <C>         <C>       <C>       <C>       <C>

Loss for the year per
Canadian GAAP               $  889,836  $228,802  $201,105  $ 85,849  $2,705

Compensation expense on
Granting Stock Options (1)

Acquisition of Mineral
Properties(2)               $  120,471  $ 40,742  $ 63,429  $  3,780       -

Deferred Exploration
Costs (2)                   $   37,609  $456,744  $601,569
                            ----------  --------  --------  --------  ------


Basic Loss for the year
Under US GAAP               $1,155,022  $893,190  $916,536  $721,375  $2,705
                            ==========  ========  ========  ========  ======

<FN>
     (1)  Statement  of  Financial Accounting Standards No 123 ("SFAS No. 123"),
          entitled  "Accounting  for Stock Based Compensation", published by the
          U.S.  Financial  Accounting  Standards  Board,  requires  a company to
          establish  a  fair  market value based methods of accounting for stock
          based  compensation  plans.  Canadian  generally  accepted  accounting
          principals  do  not  require  the  reporting  of  any  stock  based
          compensation  expense  in  the  Company's  financial  statements.

          For  compliance  with  United  States  generally  accepted  accounting
          principals, the company uses the Black Scholes Option Pricing model to
          determine  the fair market of all incentive stock options at the grant
          date.


     (2)  Under  Canadian generally accepted accounting principals, the costs of
          acquiring  and  exploring  mineral properties are capitalized prior to
          commercial  feasibility  and  written  down  if  the  properties  are
          abandoned, sold or if management decides not to pursue the properties.
          Under  United  States  generally  accepted  accounting  principles,
          exploration  and prospecting costs are charged to expense as incurred,
          as are exploration costs for projects not yet determined by management
          to  be  commercially feasible. This would result in a greater net loss
          under  U.S.  GAAP.
</TABLE>


Total  assets  of  the  Corporation decreased from $3,531,892 as at November 30,
1998  to  $2,657,747  as of November 30, 1999.  During the year, the Corporation
received  $80,250  from a private placement of 535,000 shares at $0.20 per share
and  $4,000  from exercise of stock options.  The Corporation also issued 53,500
common  shares  as  finder's  fees  for  the  above  private  placement.

In 1999, the Corporation expanded a total of $224,638 on exploration programs on
the Whisky Canyon, Iowa, and Bet properties in Nevada as compared to $328,276 in
1998.  The lower expenditure was due to depressed gold price and the decision by
the  Corporation  to  preserve  its  funds.  The  Corporation  did not spend any
material  amounts  on  the  Standard  Creek  property  and  in  Vietnam.


                                                                   Page 43 of 55
<PAGE>
Due  to  the unsatisfactory results of the Corporation's exploration program, as
well  as  the uncertainties regarding renewal of its exploration licenses by the
Vietnamese  government,  the  Corporation decided  to  write-off its acquisition
cost  of  $32,900  and  its  exploration  costs  of  $154,129  in  March  1999.

YEAR  ENDED  NOVEMBER  30,  1998
--------------------------------

Net  loss  for the year ended November 30, 1998 under Canadian GAAP was $228,802
as  compared  to $201,105 for the year ended November 30, 1997.  The increase in
losses  was  due  to  an  increase  in  general  and  administrative  expenses.

Total  assets  of  the  Corporation decreased from $3,674,665 as at November 30,
1997  to  $3,531,892  as  of  November 30, 1998.  The Corporation raised $20,000
through  the  exercise  of  stock options. A total of 100,000 Common Shares were
issued for cash by the Corporation during the 12 month period ended November 30,
1998  pursuant  to  the  above-described  exercise  of  stock  options.

The  Corporation  did  not  expend  material sums on exploration of the Standard
Creek  Property  because the results of the exploration program on the property.
The  cost  of  maintaining  the  property  is minimal at a cost of approximately
$290.00  per  year.  Therefore,  the  Corporation  maintained its Standard Creek
Property  because  of  the  potential  for  mining  the  property in the future.

In 1998, the Corporation expended a total of $328,276 on exploration programs on
the  PW,  Whisky  Canyon,  and  ICP  Properties  in  Nevada.  The  increase  in
expenditures  from  1997  was  because the majority of the implementation of the
exploration  programs  conducted  on  these  properties  occurred  in  1998.

In  1998,  the Corporation expended a total of $128,468 on its Bac Giang Project
in  Vietnam,  compared  to $25,661 in 1997.  The rise in expenditures was due to
the  Corporation's  implementation  of  an  exploration  program on the project.


YEAR  ENDED  NOVEMBER  30,  1997
--------------------------------

Net  loss  for  the  year  ended  November  30, 1997 was $201,105 as compared to
$85,849 for the year ended November 30, 1996.  Before the write-down of deferred
exploration costs incurred in Mexico, net loss for fiscal year 1997 was $23,629,
compared to $85,849 for the same period in 1996.  The decrease in losses was due
to an increase in interest income and a gain on foreign exchange from a large US
cash  balance  throughout  the  year.

Total  assets  of  the  Corporation increased from $2,570,125 as at November 30,
1996  to  $3,674,665 as of November 30, 1997.  The Corporation raised $1,306,129
through  private  placements  and  the  exercise  of  stock  options.

In 1997, the Corporation expended a total of $422,682 on creation and completion
of  an  exploration of the Standard Creek Property.  This increase from 1996 was
due  to  the  fact  that the Corporation acquired the Standard Creek Property in
1996,  but  did  not  conduct  any  exploration  activities  thereon until 1997.

In  1997,  the Corporation expended a total of $153,226 on the Whisky Canyon, PW
and  ICP  Properties in Nevada.  The increase from 1996 was due to the fact that
the  Corporation  did  not  own  any  of  the  properties  in  1996

In  1997, the Corporation expended a total of $25,661 on its exploration program
for  the  Bac  Giang  Project  in Vietnam.  The increase in expenditures on this
project  from  1996  was  due to the fact that the Corporation purchased the Bac
Giang  Project  in 1996, but did not begin its exploration program thereon until
1997.


                                                                   Page 44 of 55
<PAGE>
The  Corporation has the financial ability to increase its exploration budget if
results  justify  increased  activity  on  any  of  its  properties.

A  total  of  3,234,507  Common  Shares  were issued for cash by the Corporation
during  the  12  month  period  ended  November  30,  1997  pursuant  to  the
above-described  private  placements  and  the  exercise  of  stock  options.

YEAR  ENDED  NOVEMBER  30,  1996
--------------------------------

Net  loss for the year ended November 30, 1996 was $85,849 as compared to $2,705
for the year ended November 30, 1995.  The increase was due to the Corporation's
investigating  various  properties  for  possible acquisitions.  During the 1996
fiscal  year  the  Corporation  raised  $1,814,871  through  private placements,
exercise  of  stock  options  and subscriptions received in advance.  A total of
2,450,000  common  shares  were  issued  for  cash.

The  Corporation  obtained the Standard Creek Property in February 1996, and did
not  expend any monies on exploration in that year.  The Corporation expended no
monies  on the Bac Giang Project in 1996.  The Corporation expended no monies on
the  Nevada  Properties  in  1996  because  it  did  not  own  the  properties.

YEAR  ENDED  NOVEMBER  30,  1995
--------------------------------

There was no activity in the year ended November 30, 1995.

LIQUIDITY  AND  CAPITAL  RESOURCES
----------------------------------

The  Corporation's primary source of funds since incorporation has been from the
sale  of  its  Common  Shares  through  private  placements  and the exercise of
incentive  stock  options  and  share purchase warrants.  The Corporation has no
revenue  from  mining  to  date  and  does not anticipate mining revenues in the
foreseeable  future.  The  Corporation  believes  that  it  has adequate working
capital  to  proceed  with  its  planned  exploration  programs.

The Corporation has no loan agreements or other current financing plans to raise
additional  capital.  However,  the Corporation's Board of Directors may seek to
increase  the  exploration  budget through private placements if the Corporation
receives  positive  geological  results  warranting  future  exploration.

The corporation did not anticipate expending material sums on exploration of the
Standard  Creek  Property  because the results of the exploration program on the
property  and  the current depressed gold did not warrant further expenditure in
2000.  The  cost  of  maintaining  the  property  is  minimal  at  a  cost  of
approximately  $290.00  per  year.  Therefore,  the  Corporation  maintained its
Standard  Creek Property because of the potential for mining the property in the
future.  The  Corporation  feels that if it does not maintain the Standard Creek
Property,  the property could be obtained by another mining company and could be
a  viable  mining  property  when  gold  prices  rise.

The  Corporation  has  made  one  commitment  for  capital  expenditures for the
remainder  of  the  fiscal  year.  The  capital  expenditure will be made on the
Whisky  Canyon  Property.  Under  the  terms  of  the  Mining  Lease  and Option
Agreement,  the  Corporation agreed to pay St. George Metals at total of $65,000
USD  in  royalty  payments  by  July  8,  1999.  These  funds were paid from the
Corporation's  general  working  capital.

The  Corporation  does  not  know of any trends, demands, commitments, events or
uncertainties  that  will result in, or that are reasonably likely to result in,
the  Corporation's  liquidity  either  materially  increasing  or  decreasing at
present  or  in  the foreseeable future.  Material increases or decreases in the
Corporation's  liquidity  are substantially determined by the success or failure
of the Corporation's exploration programs or the future acquisition of projects.


                                                                   Page 45 of 55
<PAGE>
Year  Ended  November  30,  1999

During  the  year  ended November 30, 1999, The corporation used $443,646 of its
cash  resources  for  operating  activities  and  $463,575  in  its  investing
activities.  Included  in  the  investing  activities  was  $97,106  for mineral
properties.  $224,791 for exploration costs, and $146,450 for an investment in a
private  company incorporated in the State of Washington.  These activities were
funded by the initial cash balance on had at beginning of year plus funds raised
during  the  year.  In  September  30, 1999, the Corporation completed a private
placement  of  $80,250  for issuing the 535,000 common shares.  During the year,
the  Corporation  also received $4,000 from the exercise of stock options.  As a
result  the  Corporation had a negative cash flow of $822,971 and a cash balance
of  $18,332  as  at  November  30,  1999.


Year  Ended  November  30,  1998

During  the  year  ended  November 30, 1998, the Corporation used $95,843 of its
cash  resources  for  operating activities, which was included in a net loss for
the  year of $228,802, reduced by a recovery of $132,959 in non-cash and working
capital  items.  Expenditures on investing activities amounted to $1,383,299, an
increase  of  $532,660  from  the previous year.  The 1998 expenditures included
mineral  properties acquisition and exploration of $621,449 and an investment in
the  amount of $761,850 in Indico Technologies Corporation, a corporation listed
on  the Alberta Stock.  During the year ended November 30, 1998, the Corporation
issued  a  total  of  100,000 shares at the price of $0.20 for exercise of stock
options.  As  of November 30, 1998, the consolidated cash equivalent amounted to
$841,303,  a  decrease  of  $1,459,142  from  the  beginning  of  the  year.

Year  Ended  November  30,  1997

During  the  year  ended November 30, 1997, the Corporation used $332,579 of its
cash  resources  for operating activities, after deducting net loss for the year
of  $201,105.  Items  generated  from  non-cash  operating  activities  included
amortization  of $6,348, write-off of deferred exploration costs of $177,476 and
$349,860 in working capital items. Expenditures on investing activities amounted
to  $850,639,  an  increase  of  $818,893  over  the  previous  year.  The  1997
expenditures  included  $829,478  for  acquisition  and  exploration  of mineral
properties  and  $21,161  for  the  purchase of capital assets.  During the year
ended November 30, 1997, the Corporation raised a total of $2,681,529 by issuing
2,984,507 shares through private placements (the Corporation received $1,375,000
of  the  private  placement funds prior to November 30, 1996) and 250,000 shares
through  exercise  of  stock  options.  As a result, there was a net increase of
$788,069  in  cash  and  equivalent  for the year.  As of November 30, 1997, the
Corporation  had  a  total  cash  and  equivalent  of  $2,300,445.

Year  Ended  November  30,  1996

During  the  year  ended November 30, 1996, the Corporation used $497,500 of its
cash  resources  for  operating activities, including a net loss for the year of
$85,849  and $411,651 in non-cash working capital items. Expenditures on mineral
properties  amounted  to  $31,746.  During  the  year,  the  Corporation  raised
$439,471  through  private  placements  and  the  exercise of stock options.  In
addition,  the  Corporation also received $1,375,400 in share subscriptions from
the  private  placement  completed  in 1997.  With total cash of $1,814,871 from
financing,  the  Corporation  had a net increase of $1,285,625 in cash resources
for  the  year.  As  of  November  30, 1996, the Corporation's cash position was
$1,512,376.

SIGNIFICANT  UNCERTAINTIES

The  Corporation currently does not have any properties in Mexico but is seeking
mineral  property  prospects.  These  projects  may  be  subject  to substantial
regulatory  requirements, financing needs, and economic uncertainties.  There is
no  assurance  that  the Corporation can raise the additional funds necessary to


                                                                   Page 46 of 55
<PAGE>

complete  the  exploration  work  and,  if  warranted,  bring  the property into
production.  There  is  also  no  assurance  that  the property will prove to be
profitable  if  it  is  brought  into  production.



ITEM  9A   QUANTITATIVE  AND  QUALITATIVE  DISCLOSURE  ABOUT  MARKET  RISK
           ---------------------------------------------------------------

                  Not  Applicable

ITEM  10   DIRECTORS  AND  OFFICERS  OF  REGISTRANT
           ----------------------------------------

The  following table sets forth the names and addresses of each of the directors
and  officers  of  the  Corporation,  their  principal  occupations  and  their
respective  date  of  commencement  of  their  term  with  the Corporation.  All
directors  and  officers  hold  office  until the next annual general meeting of
shareholders  of  the  Corporation  or  until  successor  be  appointed.

<TABLE>
<CAPTION>
                                                                                  NUMBER OF
                                                                              COMMON SHARES OF
                                                                               THE CORPORATION
                                                                             BENEFICIALLY OWNED
NAME,                                        PRINCIPAL OCCUPATION               OR DIRECTLY/      PERCENTAGE OF
MUNICIPALITY OF RESIDENCE                    DURING THE PAST FIVE                INDIRECTLY        ISSUED SHARE
AND POSITION WITH CORPORATION                       YEARS                    CONTROLLED (2) (3)    CAPITAL (3)
---------------------------------  ----------------------------------------  -------------------  --------------
<S>                                <C>                                       <C>                  <C>
GARY FREEMAN                       President and Director of Triband                     191,975            1.3%
Vancouver, British Columbia        Resource Corporation from March,
Canada                             2000 to present.  Mr. Freeman has been
President and Director             in the investment community for over
                                   18 years and has been responsible for
                                   the financing of many public
                                   companies, such as  Lion Lake
                                   Resources, Palmer Resources and
                                   Indico Technologies.He  has worked  in
                                   the development and the structuring of
                                   projects from early stages.  Mr.
                                   Freeman began working with Triband
                                   in 1996 and had worked as project co-
                                   coordinator on a contract basis.
---------------------------------  ----------------------------------------  -------------------  --------------
JERRY G. POGUE  (1)                Past President of Triband Resource                    209,305            1.5%
Vancouver, British Columbia        Corporation.  Mr. Pogue is a self-
Canada                             employed business consultant and has
Director                           been a financier since 1994.  Mr. Pogue
                                   was previously the President, CEO,
                                   Chairman and a Director of Palmer
                                   Resources Ltd. from May, 1996 to
                                   February, 1999; Prior to 1994 was a
                                   Registered Representative with
                                   National Securities Corp., Seattle, WA,
                                   USA from 1981 to 1993
---------------------------------  ----------------------------------------  -------------------  --------------
SAM SZJMAN                         Director and Corporate Secretary of the           Nil               N/A
Vancouver, British Columbia        Company since March, 2000.
Canada                             Independent Corporate Finance
Corporate Secretary and Director   Consultant from 1995 to present;
                                   Director and Vice-President, Legal
                                   Affairs of First Continental Bancorp., a
                                   private specialized commercial, asset-
                                   based finance company from 1996 to
                                   1999
---------------------------------  ----------------------------------------  -------------------  --------------


                                                                   Page 47 of 55
<PAGE>
---------------------------------  ----------------------------------------  -------------------  --------------
MICHAEL BARTLETT                   President and Owner of Leisure Capital           Nil                N/A
Florida, USA                       & Management Inc., a company which
Director                           specializes in the pre-development,
                                   start-ups in innovative strategic,
                                   conceptual, economic and financial
                                   solutions from 1989 to present; from
                                   1998 director, chairman and President
                                   of Indico Technologies Corporation, a
                                   public company trading on the
                                   Canadian Venture Exchange; from
                                   1996 to present, President & CEO of
                                   Creative Entertainment &
                                   Technologies, Inc., a public company
                                   trading on the Canadian Venture
                                   Exchange; from January 1996 to 1995
                                   President and CEO of National
                                   Maritime Authority
---------------------------------  ----------------------------------------  -------------------  --------------
WILLIAM R. GREEN (1)               Mr. Green is responsible for the                 Nil                N/A
                                   Company's mineral exploration
                                   projects in Nevada.  President,
                                   Chairman and Director from 1996 to
                                   present of Mines Management Inc., a
                                   public company which trades on the
                                   NASD's OTC Electronic Bulletin
                                   Board; President and Director of Maya
                                   Gold Limited, a public company listed
                                   on the Canadian Venture Exchange
                                   from 1998 to present; Vice-President
                                   and Director of Petromin Resources
                                   Ltd., a public company listed on the
                                   Canadian Venture Exchange from 1991
                                   to present; Vice-President and Director
                                   of Yamana Resources, a public
                                   company listed on the Toronto Stock
                                   Exchange from 1994 to 1995
---------------------------------  ----------------------------------------  -------------------  --------------
<FN>
(1)  Member  of  the  Audit  Committee  of  the  Corporation

(2)  Common  shares  and  options beneficially owned, directly or indirectly, or
     over  which control or direction is exercised, as at the date hereof, based
     upon  information  furnished to the Corporation by individual directors and
     officers.  Unless  otherwise  indicated,  such  shares  or options are held
     directly.  These  figures do not include shares that may be acquired on the
     exercise  of  any  share purchase warrants held by the respective directors
     and officers. Details of options held by the directors and officers are set
     forth  under  "Options  and  Other  Rights to Purchase Shares - Outstanding
     Stock  Options".


(3)  The directors, officers and other members of management of the Corporation,
     as  a group beneficially own, directly or indirectly, 401,280 Common Shares
     of  the  Corporation, representing 2.9% of the total issued and outstanding
     Common  Shares  of  the  Corporation  as  at  September  30,  2000.
</TABLE>



ITEM  11   COMPENSATION  OF  DIRECTORS  AND  OFFICERS
           ------------------------------------------

The  following  tables  set  forth  all  annual  and  long term compensation for
services  in  all capacities to the Corporation and its subsidiaries for each of
the  past three completed fiscal years in respect of each of the individuals who
were,  as  of  November 30, 1999, the Chief Executive Officer and the other four
most  highly-compensated executive officers of the Corporation (collectively the
"Named Executive Officers") including any individual who would have qualified as
a  Named  Executive  Officer but for the fact that individual was not serving as
such  at  the  end  of  the  most  recently  completed  financial  year.



                                                                   Page 48 of 55
<PAGE>
<TABLE>
<CAPTION>
                                                 SUMMARY COMPENSATION TABLE
                                                 --------------------------

----------------------------------------------------------------------------------------------------------------------------
                                          Annual Compensation                     Long Term Compensation
                                                                                   Awards            Payouts
---------------------  ------------------------------------------------  ---------------------------------------------------
                                                                            Common       Restricted
                                                                         Shares Under    Shares or               All other
                                                                 Other     Options\      Restricted    LTIP    Compensation
Name and Principal           Fiscal           Salary    Bonus   Annual   SARs granted   Share Units   Payout        ($)
Position                    Year End           ($)       ($)     Comp         (#)           ($)         ($)
                                                                  ($)
---------------------  -------------------  ----------  ------  -------  -------------  ------------  -------  -------------
<S>                    <C>                  <C>         <C>     <C>      <C>            <C>           <C>      <C>

Jerry G. Pogue         Nov 30/99            $  55,000   N/A     N/A            225,000  N/A           N/A      N/A
Director, Chairman,    Nov.30/98            $  46,000   Nil     Nil      Nil            Nil           Nil      Nil
                       Nov.30/97            Nil         Nil     Nil      Nil            Nil           Nil      Nil
CEO, and President     Nov.30/96            Nil         Nil     Nil            100,000  Nil           Nil      Nil
---------------------  -------------------  ----------  ------  -------  -------------  ------------  -------  -------------
James T. Martin        Nov. 30/99           N/A         N/A     N/A      N/A            N/A           N/A      N/A
Past Director          Nov.30/98            Nil         Nil     Nil      Nil            Nil           Nil      Nil
                       Nov.30/97            Nil         Nil     Nil      Nil            Nil           Nil      Nil
                       Nov.30/96            Nil         Nil     Nil            292,500  Nil           Nil      Nil
                       -------------------  ----------  ------  -------  -------------  ------------  -------  -------------
Larry W. Reaugh        Nov. 30/99           N/A         N/A     N/A      N/A            N/A           N/A      N/A
Former Director        Nov.30/98            Nil         Nil     Nil      Nil            Nil           Nil      Nil
                       Nov.30/97            Nil         Nil     Nil      Nil            Nil           Nil      Nil
                       Nov.30/96            Nil         Nil     Nil      Nil            Nil           Nil      Nil
                       -------------------  ----------  ------  -------  -------------  ------------  -------  -------------
Arthur S. Radtke       Nov. 30/99           N/A         N/A     N/A      N/A            N/A           N/A      N/A
Past Vice-President.   Nov.30/98             66,590(1)  Nil     Nil             50,000  Nil           Nil      Nil
Exploration &          Nov.30/97             63,994(1)  Nil     Nil      Nil            Nil           Nil      Nil
Former Secretary       Nov.30/96            Nil         Nil     Nil            100,000  Nil           Nil      Nil
---------------------  -------------------  ----------  ------  -------  -------------  ------------  -------  -------------
Timothy J. Percival    Nov. 30/99           N/A         N/A     N/A      N/A            N/A           N/A      N/A
Former Director of a   Nov.30/98              151,973   Nil     Nil             25,000  Nil           Nil      Nil
                       Nov.30/97              116,668   Nil     Nil             25,000  Nil           Nil      Nil
Subsidiary (4)         Nov.30/96            Nil         Nil     Nil      Nil            Nil           Nil      Nil
---------------------  -------------------  ----------  ------  -------  -------------  ------------  -------  -------------
David L. Seymour       Nov.30/978Nov.30/97        309   Nil     Nil             95,000  Nil           Nil      Nil
Former Director        Nov.30/96            Nil         Nil     Nil      Nil            Nil           Nil      Nil
(2)(3)                                      Nil         Nil     Nil            100,000  Nil           Nil      Nil

---------------------
<FN>
(1)  Paid  to  Cougar  Metals  International,  Inc.,  of which Mr. Radtke is the
     primary  owner and provides geology consulting services to the Corporation.


(2)  The  Corporation  provided  a  $60,000.00  interest  free  loan to David L.
     Seymour  in  June,  1997  which  was  fully  repaid  in  February,  1998.

(3)  Mr.  Seymour  was  a  Director  of  the Corporation from August 22, 1996 to
     November  24,  1998.

(4)  Is  a Director of the Corporation's subsidiary Triband Resource US Inc. and
     provides  geology  consulting  services.
</TABLE>



No  other  executive  officer  received direct or indirect compensation from any
source  for  services  provided  to  the  Corporation  during  the most recently
completed  financial  year.

Mr.  Gary  Freeman  became  a  director  and  President  as  of  March 24, 2000.


                                                                   Page 49 of 55
<PAGE>
AGGREGATE  OPTION  EXERCISES  IN  LAST  FINANCIAL  YEAR  AND  OPTION  VALUES
----------------------------------------------------------------------------

There  were  no  stock  options exercised by Named Executive Officers during the
Corporation's  most  recently  completed  financial  year.:

DEFINED  BENEFIT  OR  ACTUARIAL  PLAN  DISCLOSURE
-------------------------------------------------

The  Corporation  has  no  defined  benefit  or  actuarial  plans.

TERMINATION  OF  EMPLOYMENT,  CHANGES IN RESPONSIBILITY AND EMPLOYMENT CONTRACTS
--------------------------------------------------------------------------------

The  Corporation  does  not presently have any outstanding employment contracts.

MANAGEMENT  AND  CONSULTING  CONTRACTS
--------------------------------------

The  Corporation  currently  utilizes  the  services  of Mr. William R. Green, a
director  of  the  Corporation to provided geological and consulting services to
the Corporation with respect to its existing properties and in identifying other
properties  of  potential  interest.

Pursuant  to  a  Letter  of  Engagement  dated  February  18,  1997  ("Letter of
Engagement")  the  Corporation engaged the geological services of Mr. Timothy J.
Percival.  Under  the  Letter  of  Engagement  the  Corporation  compensates Mr.
Percival  at  a rate of $350.00 USD/day which is billed on a monthly basis.  The
Corporation  has also agreed to reimburse Mr. Percival for all reasonable out of
pocket  expenses  which  is also billed on a monthly basis.  In addition to this
above,  the  Corporation  has  also  agreed to reimburse Mr. Percival a total of
$395.00  USD/month  towards  office  expenses.  In accordance with the Letter of
Engagement  the  Corporation has agreed to pay a Finder's Fee if the Corporation
acquires,  either by location or by negotiated agreement, a property recommended
by  Mr.  Percival  as  a  result  of data or general information supplied by Mr.
Percival.

COMPENSATION  OF  DIRECTORS
---------------------------

The  Corporation  has  no arrangements, standard or otherwise, pursuant to which
directors  are  compensated  by  the  Corporation  for  their  services in their
capacity  as  directors,  or for committee participation, involvement in special
assignments  or  for  services  as consultant or expert during the most recently
completed  financial  year  or  subsequently.

None of the Corporation's directors have received any manner of compensation for
services  provided  in their capacity as directors during the Corporation's most
recently completed financial year with the exception of stock options granted to
directors  of  the  Corporation.  See  Item  12  below.

PROPOSED  COMPENSATION
----------------------

The  Corporation  has  determined  the  amount  of compensation to be granted to
directors  and  Named Executive Officers for the 12 months beginning December 1,
1999  as  follows:


                                          MONTHLY                 YEARLY
                                            CDN.                   CDN.
              -----------------------------------------------------------
              Gary Freeman                $  5,000                $60,000


Except  as disclosed above, the Corporation has no standard arrangement pursuant
to  which  Named  Executive  Officers  or  directors  of  the  Corporation  are
compensated  by the Corporation for their services, except for the granting from
time  to  time  of  incentive  stock  options in accordance with policies of the
Canadian  Venture  Exchange.


                                                                   Page 50 of 55
<PAGE>
ITEM  12      OPTIONS  TO  PURCHASE  SECURITIES
              FROM  REGISTRANT  OR  SUBSIDIARIES
------------------------------------------------

As  at  September  30,  2000,  the Corporation has granted rights to purchase or
acquire  an  aggregate  of 1,760,000 Common Shares pursuant to stock options and
other  outstanding  rights to purchase securities, including the warrants listed
below.  The  closing  market price of the Common Shares on September 30, 2000 as
traded  on  the  Canadian  Venture  Exchange  was  $0.40.

OUTSTANDING  EMPLOYEE  AND  DIRECTOR  STOCK  OPTIONS  AS  AT  SEPTEMBER 30, 2000
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                          NO. OF
                          COMMON                       EXERCISE                    MARKET VALUE
                      SHARES SUBJECT   DATE OF GRANT/    PRICE                      ON DATE OF
NAME OF OPTIONEES      TO OPTION (#)      REPRICED         $       EXPIRY DATE    GRANT/REPRICED
--------------------  ---------------  --------------  ---------  --------------  ---------------
<S>                   <C>              <C>             <C>        <C>             <C>
Arthur S. Radtke (1)           35,000  June 10, 1998   $    0.45  June 10, 2003   $         4,900
--------------------  ---------------  --------------  ---------  --------------  ---------------
Jerry Pogue                   100,000  June 1,1999     $    0.15  Sept. 11, 2001  $         2,000
--------------------  ---------------  --------------  ---------  --------------  ---------------
Jerry Pogue                   125,000  April 4, 2000   $    0.52  April 4, 2005   $         1,875
--------------------  ---------------  --------------  ---------  --------------  ---------------
Timothy Percival (1)           25,000  June 1, 1999    $    0.15  May 8, 2002     $           500
--------------------  ---------------  --------------  ---------  --------------  ---------------
Timothy Percival (1)           25,000  June 10, 1998   $    0.15  June 10, 2003   $         1,000
--------------------  ---------------  --------------  ---------  --------------  ---------------
Gary Freeman                  100,000  June 1, 1999    $    0.15  June 10, 2003   $         3,000
--------------------  ---------------  --------------  ---------  --------------  ---------------
Gary Freeman                  350,000  April 4, 2000   $    0.52  April 4, 2005   $        59,500
--------------------  ---------------  --------------  ---------  --------------  ---------------
Albert Wu                      25,000  Feb. 18, 2000   $    0.24  June 10, 2003   $         1,000
--------------------  ---------------  --------------  ---------  --------------  ---------------
Michael Bartlett              100,000  Feb. 10, 2000   $    0.24  Feb. 10, 2005   $         6,000
--------------------  ---------------  --------------  ---------  --------------  ---------------
Sam Szajman                   100,000  Feb. 10, 2000   $    0.24  Feb. 10, 2005   $         6,000
--------------------  ---------------  --------------  ---------  --------------  ---------------
William R. Green              100,000  Feb. 22, 2000   $    0.31  Feb. 22, 2005   $         8,000
--------------------  ---------------  --------------  ---------  --------------  ---------------
David Tenaglia                 60,000  Feb. 22, 2000   $    0.31  Feb. 22, 2005   $         4,800
--------------------  ---------------  --------------  ---------  --------------  ---------------
Shelley Morgan                 40,000  Feb. 22, 2000   $    0.31  Feb. 22, 2005   $         3,200
--------------------  ---------------  --------------  ---------  --------------  ---------------
Shelley Morgan                 40,000  April 4, 2000   $    0.52  April 4, 2005   $         6,800
--------------------  ---------------  --------------  ---------  --------------  ---------------
  TOTAL                     1,225,000                                             $       125,450
--------------------  ---------------  --------------  ---------  --------------  ---------------
<FN>
(1)   Is  a  resident  in  the  United States and is engaged by the Corporation as a Geologist.
</TABLE>

OUTSTANDING  WARRANTS  FROM  PREVIOUS  PRIVATE  PLACEMENTS

As  of  September  30,  2000,  there  were  warrant outstanding for the right to
purchase  435,000  common  shares,  exercisable  at the price of $0.17 per share
until  September,  2001.  These  options  are  owned  by  Carrera Investments of
Shirley  House,  50  shirley  Street,  P.O.  Box  N-8426  Nassau,  Bahamas.

ESCROW  SECURITIES
------------------

As  of  November 30   1999, the Corporation had no common shares held in escrow.

ITEM  13   INTEREST  OF  MANAGEMENT  IN
           ----------------------------
           CERTAIN  TRANSACTIONS
           ---------------------

The  Corporation  participated in a private placement dated March 23, 1998, with
Indico Technologies Corporation ("Indico"), a corporation listed on the Canadian
Venture  Exchange  (formerly  the  Alberta  Stock  Exchange).  The  Corporation
purchased  704,225 Units of Indico at a price of $0.71 US per Unit in September,


                                                                   Page 51 of 55
<PAGE>
1998.  Each  Unit  consists of one common share of Indico and one share purchase
warrant  exercisable  for  one common share on or before September 11, 2000 at a
price  of  $2.00 CND. per common share.  Indico Technologies Corporation and the
Corporation  do  not  have  any  common  directors  or  officers.

The  Corporation  currently  utilizes  the  services  of  Mr. Arthur Radtke, its
Vice-President  Exploration  and  Secretary, as a geologist for the Corporation.
Mr.  Radtke  has  provided geological and consulting services to the Corporation
regarding its existing properties and in helping to identify other properties of
potential interest.  The Corporation currently compensates Mr. Radtke by payment
to Cougar Metals International, Inc., a company owned by Mr. Radtke.  Mr. Radtke
was  hired  as  a  consulting  geologist  and  was  appointed  an officer of the
Corporation  at that time.  The compensation paid to Mr. Radtke is comparable to
that  which  would have been paid for services rendered by unaffiliated parties.

There  is  also  a Stock Option Agreement between the Corporation and Mr. Radtke
dated  June  10,  1998  whereby  Mr. Radtke was granted options for the right to
purchase  50,000  common  shares,  exercisable  at  a  price of $0.45 per share.

Pursuant  to  a  Letter  of  Engagement  dated  February  18,  1997  ("Letter of
Engagement")  the  Corporation engaged the geological services of Mr. Timothy J.
Percival.  Under  the  Letter  of  Engagement,  the  Corporation compensates Mr.
Percival  at  a  rate  of  $350.00  USD/day,  billable  on a monthly basis.  The
Corporation  has also agreed to reimburse Mr. Percival for all reasonable out of
pocket  expenses.  In  addition to the above, the Corporation has also agreed to
reimburse Mr. Percival a total of $395.00 USD/month towards office expenses.  In
accordance  with  the  Letter of Engagement, the Corporation has agreed to pay a
finder's  fee  to Mr. Percival if the Corporation acquires a property based upon
general  information  and data supplied by Mr. Percival.  The Corporation paid a
total  of  $151,973 during its last fiscal period to Mr. Percival.  Mr. Percival
was  hired as a consulting geologist for the Corporation.  The compensation paid
to  Mr.  Percival  is comparable to that which would have been paid for services
rendered  by  unaffiliated  parties.

The  Corporation  also  executed  two Stock Option Agreements with Mr. Percival.
The first agreement is dated May 8, 1997, and grants Mr. Percival 25,000 options
exercisable  at  a price of $0.45 per share.  The second Stock Option Agreement,
dated June 10, 1998, grants 25,000 options to Timothy J. Percival exercisable at
a  price  of  $0.45  per  share

The  Corporation  paid  a total of $ 55,000 during its last fiscal period to Mr.
Jerry  G.  Pogue  in  consulting fees.  Mr. Jerry G. Pogue also has two separate
Stock  Option  Agreements with the Corporation, one dated September 11, 1996 for
the  right  to purchase 100,000 common shares at the exercise price of $0.15 and
the other dated April 4, 2000 for the right to purchase 125,000 common shares at
the  exercise  price  of  $0.52  per  share.

The  Corporation  paid  a total of $ 18,750 during its last fiscal period to Mr.
Gary  Freeman  in consulting fees.  Mr. Gary Freeman also has two separate Stock
Option Agreements with the Corporation, one dated June 10, 1998 for the right to
purchase  100,000 common shares at the exercise price of $0.15 per share and the
other dated April 4, 2000 for the right to purchase 350,000 common shares at the
price  of  $0.52  per  share.

As  of  February  28,  1999,  the  end  of  the Corporation's first quarter, the
Corporation  wrote  off  $154,129 and abandoned the Bac Giang Project in Vietnam
due  to  the unsatisfactory results of the Corporation's exploration program, as
well  as  the uncertainties regarding renewal of its exploration licenses by the
Vietnamese  government.  The  Corporation is conducting no further activities in
Vietnam  at this time.  The Corporation's Bac Giang Project was located adjacent
to  the  Bac Giang Copper Project, a property formerly owned by Palmer Resources
Ltd.  ("Palmer").  Palmer  is  now  a  subsidiary of Lyon Lake Mines Ltd. ("Lyon
Lake")  pursuant  to  a  share exchange, dated February 11, 1999.  In that share
exchange,  Lyon  Lake  acquired  all issued and outstanding shares of Palmer  by
granting each Palmer shareholder one share of Lyon Lake for each share of Palmer
owned  as  of the record date.  Lyon Lake is a publicly-traded company listed on
the Montreal and Vancouver Stock Exchanges.  Jerry G. Pogue and David L. Seymour
were  directors and officers of both the Corporation and Palmer. The Corporation
paid  a  total  of  $69,548  during  its  last  fiscal  period  to  Palmer  for
administrative  costs  incurred  in  renting  office  space  from  Palmer.


                                                                   Page 52 of 55
<PAGE>
                                     PART II

ITEM  14   DESCRIPTION  OF  SECURITIES  TO  BE  REGISTERED
           -----------------------------------------------

Not  Applicable



                                    PART III

ITEM  15   DEFAULTS  UPON  SENIOR  SECURITIES
           ----------------------------------

                                 Not Applicable

ITEM  16   CHANGES  IN  SECURITIES  AND
           CHANGES  IN  SECURITY  FOR  REGISTERED  SECURITIES
           --------------------------------------------------

                                 Not Applicable

ITEM  17   FINANCIAL  STATEMENTS
           ---------------------

The  following  financial  statements  are  attached  and  incorporated  herein:

DESCRIPTION  OF  STATEMENT
--------------------------

Consolidated  Balance  Sheets,  Statements  of  Loss  and  Deficit
Statement  of  Resource  Properties,  Statement  of  Changes  in  Financial
Position  and  Notes  to  Consolidated Financial Statements, all for years ended
November  30,  1999  and  1998


ITEM  18   FINANCIAL  STATEMENTS
           ---------------------

                                   See Item 17


                                                                   Page 53 of 55
<PAGE>
ITEM  19   FINANCIAL  STATEMENTS  AND  EXHIBITS
           ------------------------------------

<TABLE>
<CAPTION>
EXHIBIT  NUMBER
---------------


                                                                                                    PAGE
                                                                                                    ----
<C>  <S>                                                                                            <C>
1.1  Certificates of Name Change dated July 18, 1996 and October 17, 1996.                             *
1.2  Certificate of Incorporation dated October 7, 1994.                                               *
1.3  Articles (Bylaws) of the Corporation                                                              *
1.4  Amendments to Articles of the Corporation, dated July 18, 1996 and October 16, 1996               *
2.1  Option Agreements between the Corporation and Management, Employees and Director.                 *
3.1  Mining Lease and Option Agreement between St. George Metals, Inc. and Triband Resource US         *
     Inc. dated June 29,1998
3.2  Mining Lease Agreement between Brancote U.S. Inc., and Triband Resource US Inc. dated April       *
     21, 1998.
3.3  Letter of Engagement dated February 18, 1997 between the Corporation and Timothy J. Percival.     *
3.4  Property Agreement dated February 9, 1996 between the Corporation and 512026 B.C. Ltd.            *
3.5  License Agreement dated November 28, 1997 between the Corporation and The Minister of             *
     Industries, Socialist Republic of Vietnam, Licenses No. 2203/QD-DCKS.
3.6  License Agreement dated November 28, 1997 between the Corporation and The Minister of             *
     Industries, Socialist Republic of Vietnam, Licenses No. 2204/QD-DCKS.
3.7  License Agreement dated November 28, 1997 between the Corporation and The Minister of             *
     Industries, Socialist Republic of Vietnam, Licenses No. 2208/QD-DCKS.
<FN>
*    The exhibits included in the Registrant's original Form 20-F are hereby incorporated by reference.
</TABLE>


                                                                   Page 54 of 55
<PAGE>
                                   SIGNATURES
                                   ----------

Pursuant  to  the  requirements  of Section 12 of the Securities Exchange Act of
1934,  the registrant certifies that it meets all of the requirements for filing
on  Form  20-F and has duly caused this amendment to this registration statement
to  be  signed  on  its  behalf  by  the undersigned, thereunto duly authorized.

TRIBAND  RESOURCE  CORPORATION



By:
   ---------------------------
Gary  R.  Freeman,
President



Date:
     -------------------------


                                                                   Page 55 of 55
<PAGE>



                          TRIBAND RESOURCE CORPORATION
                         (AN EXPLORATION STAGE COMPANY)

                        CONSOLIDATED FINANCIAL STATEMENTS
                         (EXPRESSED IN CANADIAN DOLLARS)


                                NOVEMBER 30, 1999




<PAGE>
DAVIDSON  &  COMPANY                A  Partnership of Incorporated Professionals
--------------------------------------------------------------------------------
--------------------------- Chartered  Accountants------------------------------



                                AUDITORS' REPORT



To  the  Shareholders  of
Triband  Resource  Corporation
(An Exploration Stage Company)


We  have audited the consolidated balance sheets of Triband Resource Corporation
as  at  November 30, 1999 and 1998 and the consolidated statements of operations
and  deficit, changes in shareholders' equity and cash flows for the years ended
November  30,  1999,  1998  and 1997, as well as the cumulative amounts from the
date  of incorporation on October 7, 1994 to November 30, 1999.  These financial
statements,  expressed  in  Canadian  dollars,  are  the  responsibility  of the
Company's  management.  Our  responsibility  is  to  express an opinion on these
financial  statements  based  on  our  audits.

We  conducted our audits in accordance with Canadian generally accepted auditing
standards.  Those  standards require that we plan and perform an audit to obtain
reasonable  assurance  whether  the  financial  statements  are free of material
misstatement.  An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements.  An audit also includes
assessing  the  accounting  principles  used  and  significant estimates made by
management,  as well as evaluating the overall financial statement presentation.


In  our  opinion, these consolidated financial statements present fairly, in all
material respects, the financial position of the Company as at November 30, 1999
and  1998  and  the  results  of its operations and the changes in shareholders'
equity  and  cash flows for the years ended November 30, 1999, 1998 and 1997, as
well as the cumulative amounts from the date of incorporation on October 7, 1994
to  November  30, 1999 in accordance with Canadian generally accepted accounting
principles.  As required by the Company Act of British Columbia, we report that,
in  our  opinion,  these  principles  have  been  applied on a consistent basis.


                                                            "DAVIDSON & COMPANY"


Vancouver, Canada                                          Chartered Accountants

February 10, 2000


                          A Member of SC INTERNATIONAL
                          ============================
Suite 1200, Stock Exchange Tower, 609 Granville Street, P.O. Box 10372, Pacific
                     Centre, Vancouver, BC, Canada, V7Y 1G6
                  Telephone (604) 687-0947  Fax (604) 687-6172


<PAGE>
<TABLE>
<CAPTION>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
CONSOLIDATED  BALANCE  SHEETS
(Expressed  in  Canadian  Dollars)
AS  AT  NOVEMBER  30

===========================================================================================
                                                                      1999         1998
-------------------------------------------------------------------------------------------
<S>                                                               <C>           <C>

ASSETS

CURRENT
  Cash and cash equivalents                                       $    18,332   $  841,303
  Marketable securities (Note 6)                                      387,324            -
  Accounts receivable                                                   1,314        4,873
  Due from affiliated companies                                        29,327            -
  Prepaid expenses                                                     31,692        6,103
                                                                  ------------  -----------

                                                                      467,989      852,279

CAPITAL ASSETS (Note 3)                                                 1,199       10,369
MINERAL PROPERTIES (Note 4)                                           913,287      849,081
DEFERRED EXPLORATION COSTS (Note 5)                                 1,128,822    1,058,313
INVESTMENTS (Note 6)                                                  146,450      761,850
                                                                  ------------  -----------

                                                                  $ 2,657,747   $3,531,892
===========================================================================================


LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT
  Accounts payable and accrued liabilities                        $    22,346   $   11,357
  Due to affiliated company                                                 -       69,548
                                                                  ------------  -----------

                                                                       22,346       80,905
                                                                  ------------  -----------

SHAREHOLDERS' EQUITY
  Capital stock (Note 7)
    Authorized
      Unlimited number of common shares without par value
      Unlimited number of preferred shares issuable in series
    Issued
      12,893,007 common shares (1998 - 12,284,507 common shares)    4,053,698    3,969,448
  Deficit accumulated during the exploration stage                 (1,418,297)    (518,461)
                                                                  ------------  -----------

                                                                    2,635,401    3,450,987
                                                                  ------------  -----------

                                                                  $ 2,657,747   $3,531,892
===========================================================================================
</TABLE>

NATURE  AND  CONTINUANCE  OF  OPERATIONS  (Note  1)
CONTINGENCY  (Note  11)
SUBSEQUENT  EVENTS  (Note  13)
ON  BEHALF  OF  THE  BOARD:

_____________________________ Director    _____________________________ Director

    The accompanying notes are an integral part of these consolidated financial
                                   statements.


<PAGE>
<TABLE>
<CAPTION>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
CONSOLIDATED  STATEMENTS  OF  OPERATIONS  AND  DEFICIT
(Expressed  in  Canadian  Dollars)

======================================================================================================
                                                    Cumulative
                                                       Amounts
                                                          From
                                                   October  7,
                                                      1994  to            Year Ended November 30,
                                                  November 30,    ------------------------------------
                                                          1999        1999         1998        1997
------------------------------------------------------------------------------------------------------
<S>                                               <C>             <C>           <C>         <C>

GENERAL AND ADMINISTRATIVE EXPENSES
  Amortization                                    $       8,807   $       212   $   2,247   $   6,348
  Consulting fees                                       107,717        29,520      78,197           -
  Listing and transfer agent fees                        84,497        44,419       9,133      21,072
  Office                                                114,121        48,098      38,047      15,855
  Professional fees                                      74,443         8,720      23,390      18,301
  Property investigation                                176,367        50,062      76,246           -
  Rent                                                   64,409        19,084      44,125       1,200
  Salaries and benefits                                  80,308         5,085      75,223           -
  Shareholder communications                            316,440       128,504     102,121      81,806
                                                  --------------  ------------  ----------  ----------

                                                     (1,027,109)     (333,704)   (448,729)   (144,582)

INTEREST INCOME                                         186,785        11,818      90,122      73,305

GAIN (LOSS) ON FOREIGN EXCHANGE                         165,397       (12,056)    129,805      47,648

LOSS ON DISPOSAL OF CAPITAL ASSETS                       (4,186)       (4,186)          -           -

WRITE-OFF OF MINERAL PROPERTIES (Note 4)                (32,900)      (32,900)          -           -

WRITE-OFF OF DEFERRED EXPLORATION COSTS (Note 5)       (331,758)     (154,282)          -    (177,476)

WRITE-DOWN OF MARKETABLE SECURITIES (Note 6)           (374,526)     (374,526)          -           -
                                                  --------------  ------------  ----------  ----------


LOSS FOR THE PERIOD                                  (1,418,297)     (899,836)   (228,802)   (201,105)


DEFICIT, BEGINNING OF PERIOD                                  -      (518,461)   (289,659)    (88,554)
                                                  --------------  ------------  ----------  ----------


DEFICIT, END OF PERIOD                            $  (1,418,297)  $(1,418,297)  $(518,461)  $(289,659)
======================================================================================================

LOSS PER SHARE (Note 2)                                           $     (0.07)  $   (0.02)  $   (0.02)
======================================================================================================
</TABLE>

    The accompanying notes are an integral part of these consolidated financial
                                   statements.


<PAGE>
<TABLE>
<CAPTION>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
CONSOLIDATED  STATEMENTS  OF  CASH  FLOWS
(Expressed  in  Canadian  Dollars)

================================================================================================================
                                                             Cumulative
                                                                Amounts
                                                                   From
                                                            October  7,
                                                               1994  to         Year  Ended  November  30,
                                                           November 30,   --------------------------------------
                                                                   1999      1999         1998          1997
----------------------------------------------------------------------------------------------------------------
<S>                                                       <C>             <C>         <C>           <C>

CASH FLOWS FROM OPERATING ACTIVITIES
  Loss for the period                                     $  (1,418,297)  $(899,836)  $  (228,802)  $  (201,105)
  Items not affecting cash
    Amortization                                                  8,807         212         2,247         6,348
    Write-down of marketable securities                         374,526     374,526             -             -
    Loss on disposal of capital assets                            4,186       4,186             -             -
    Write-off of mineral properties                              32,900      32,900             -             -
    Write-off of deferred exploration costs                     331,758     154,282             -       177,476

  Changes in non-cash working capital items
    (Increase) decrease in accounts receivable                   (1,314)      3,559        66,899       (70,660)
    (Increase) decrease in prepaid expenses                     (31,692)    (25,589)       (2,216)       (3,887)
    (Increase) decrease in due from affiliated companies        (29,327)    (29,327)            -       424,891
    Increase (decrease) in accounts payable and
        accrued liabilities                                      22,346      10,989        (3,519)         (484)
    Increase (decrease) in due to affiliated company                  -     (69,548)       69,548             -
                                                          --------------  ----------  ------------  ------------

  Net cash provided by (used in) operating activities          (706,107)   (443,646)      (95,843)      332,579
                                                          --------------  ----------  ------------  ------------

CASH FLOWS FORM INVESTING ACTIVITIES
  Capital assets acquired                                       (22,572)     (1,411)            -       (21,161)
  Proceeds on disposal of capital assets                          6,183       6,183             -             -
  Mineral properties                                           (346,187)    (97,106)     (166,902)      (50,433)
  Deferred exploration costs                                 (1,458,383)   (224,791)     (454,547)     (779,045)
  Investment                                                   (908,300)   (146,450)     (761,850)            -
                                                          --------------  ----------  ------------  ------------

  Net cash used in investing activities                      (2,729,259)   (463,575)   (1,383,299)     (850,639)
                                                          --------------  ----------  ------------  ------------

CASH FLOWS FROM FINANCING ACTIVITIES
  Issuance of capital stock, net of issuance costs            3,453,698      84,250        20,000     2,681,529
  Share subscriptions received in advance                             -           -             -    (1,375,400)
                                                          --------------  ----------  ------------  ------------

  Net cash provided by financing activities                   3,453,698      84,250        20,000     1,306,129
                                                          --------------  ----------  ------------  ------------

CHANGE IN CASH AND CASH EQUIVALENTS DURING THE PERIOD            18,332    (822,971)   (1,459,142)      788,069

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                        -     841,303     2,300,445     1,512,376
                                                          --------------  ----------  ------------  ------------

CASH AND CASH EQUIVALENTS, END OF PERIOD                  $      18,332   $  18,332   $   841,303   $ 2,300,445
================================================================================================================
</TABLE>

SUPPLEMENTAL  DISCLOSURES WITH RESPECT TO THE STATEMENTS OF CASH FLOWS (Note 12)

    The accompanying notes are an integral part of these consolidated financial
                                   statements.


<PAGE>
<TABLE>
<CAPTION>
========================================================================================================
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
CONSOLIDATED  STATEMENTS  OF  CHANGES  IN  SHAREHOLDERS'  EQUITY
(Expressed  in  Canadian  Dollars)



                                                                                  Deficit
                                                                    Common    Accumulated
                                                                    Shares     During the
                                                                Issued and    Exploration
                                             Shares    Price    Fully Paid          Stage      Total
--------------------------------------------------------------------------------------------------------
<S>                                        <C>         <C>     <C>           <C>            <C>

BALANCE AT OCTOBER 7, 1994                          -          $         -   $          -   $         -

  Issuance of shares for cash
    Private placement                       2,000,000  $ 0.10      200,000              -       200,000
    Escrow                                  1,500,000    0.05       75,000              -        75,000
  Share issuance costs                              -              (46,552)             -       (46,552)
  Loss for the year                                 -                    -         (2,705)       (2,705)
                                           ----------          ------------  -------------  ------------

BALANCE AT NOVEMBER 30, 1995                3,500,000              228,448         (2,705)      225,743

  Issuance of shares for cash
    Private placement                       2,000,000    0.20      400,000              -       400,000
    Exercise of options                       450,000    0.10       45,000              -        45,000
  Shares issuance costs                             -               (5,529)             -        (5,529)
  Issuance of shares for mineral property   3,000,000    0.20      600,000              -       600,000
  Subscriptions received in advance                 -            1,375,400              -     1,375,400
  Loss for the year                                 -                    -        (85,849)      (85,849)
                                           ----------          ------------  -------------  ------------

 BALANCE AT NOVEMBER 30, 1996               8,950,000            2,643,319        (88,554)    2,554,765

  Issuance of shares for cash
    Private placement                         450,000    0.65      292,500              -       292,500
    Private placement                       1,550,000    0.76    1,178,000              -     1,178,000
    Private placement                         100,000    1.22      122,000              -       122,000
    Private placement                         884,507    1.42    1,256,000              -     1,256,000
    Exercise of options                       150,000    0.20       30,000              -        30,000
    Exercise of broker's options              100,000    0.10       10,000              -        10,000
  Subscriptions received in advance                 -           (1,375,400)             -    (1,375,400)
  Share issuance costs                              -             (206,971)             -      (206,971)
  Loss for the year                                 -                    -       (201,105)     (201,105)
                                           ----------          ------------  -------------  ------------

BALANCE AT NOVEMBER 30, 1997               12,184,507            3,949,448       (289,659)    3,659,789

  Issuance of shares for cash
    Exercise of options                       100,000    0.20       20,000              -        20,000
  Loss for the year                                 -                    -       (228,802)     (228,802)
                                           ----------          ------------  -------------  ------------

BALANCE AT NOVEMBER 30, 1998               12,284,507            3,969,448       (518,461)    3,450,987

  Issuance of shares for cash
    Private placement                         535,000    0.15       80,250              -        80,250
    Exercise of options                        20,000    0.20        4,000              -         4,000
  Issuance of shares for finder's fee          53,500                    -              -             -
  Loss for the year                                 -                    -       (899,836)     (899,836)
                                           ----------          ------------  -------------  ------------

BALANCE AT NOVEMBER 30, 1999               12,893,007          $ 4,053,698   $ (1,418,297)  $ 2,635,401
========================================================================================================
</TABLE>

    The accompanying notes are an integral part of these consolidated financial
                                   statements.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999


================================================================================

1.   NATURE  AND  CONTINUANCE  OF  OPERATIONS

     The  Company  was incorporated under the laws of the Province of Alberta on
     October 7, 1994 under the name of 627743 Alberta Ltd. On February 10, 1995,
     627743  Alberta  Ltd. changed its name to Triband Capital Corp. On July 18,
     1996,  Triband  Capital  Corp.  changed  its  name  to  Triband  Resource
     Corporation.

     The  Company  is in the process of exploring its mineral properties and has
     not  yet  determined whether these properties contain ore reserves that are
     economically  recoverable.  The  recoverability  of  the  amounts shown for
     mineral properties and related deferred exploration costs is dependent upon
     the  existence  of  economically  recoverable  reserves, the ability of the
     Company  to  obtain  necessary  financing to complete their development and
     upon  future  profitable  production.


2.   SIGNIFICANT  ACCOUNTING  POLICIES


     USE  OF  ESTIMATES

     The  preparation  of  financial  statements  in  conformity  with generally
     accepted  accounting  principles  requires management to make estimates and
     assumptions  that  affect  the  reported  amount of assets and liabilities,
     disclosure  of  contingent  assets  and  liabilities  at  the  date  of the
     financial  statements  and  the  reported  amount  of revenues and expenses
     during  the  period.  Actual  results  could  differ  from these estimates.


     PRINCIPLES  OF  CONSOLIDATION

     These consolidated financial statements include the accounts of the Company
     and  its  wholly  owned  subsidiaries,  Triband  de  Mexico  S.A.  de  C.V.
     (incorporated  in  Mexico)  and  Triband  Resource US Inc. (incorporated in
     Nevada,  U.S.A.).


     CASH  AND  CASH  EQUIVALENTS

     Cash  and  cash equivalents include highly liquid investments with original
     maturities  of  three  months  or  less.


     MARKETABLE  SECURITIES

     Marketable  securities  are  carried  at the lower of cost or quoted market
     value.  As  at November 30, 1999, the Company's marketable securities had a
     quoted  market  value  of  $387,324  (1998  -  $Nil).


     FINANCIAL  INSTRUMENTS

     The  Company's  financial instruments consist of cash and cash equivalents,
     marketable  securities,  accounts  receivable, accounts payable and accrued
     liabilities.  Unless  otherwise  noted, it is management's opinion that the
     Company  is  not  exposed to significant interest, currency or credit risks
     arising from these financial instruments. The fair value of these financial
     instruments  approximate  their  carrying  values,  unless otherwise noted.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================


2.   SIGNIFICANT  ACCOUNTING  POLICIES  (cont'd . . . )

     MINERAL  PROPERTIES

     The  Company  records  its  interests  in  mineral  properties and areas of
     geological  interest at cost. All direct and indirect costs relating to the
     acquisition  of  these  interests  are capitalized on the basis of specific
     claim  blocks or areas of geological interest until the properties to which
     they relate are placed into production, sold or abandoned. These costs will
     be  amortized  over  the  estimated  useful  life  of  the related property
     following  commencement of production, using the units of production method
     based  on  proven  and  probable  reserves,  or  written off if the mineral
     properties  are  sold  or  abandoned.

     DEFERRED  EXPLORATION  COSTS

     The Company defers expenditures directly attributable to the exploration of
     mineral  properties, pending a decision as to the commercial viability of a
     property.  If  reserves are developed, the deferred costs will be amortized
     to  operations  when  production  is  commenced  on  the  property.  Such
     amortization will be computed using the units of production method based on
     proven  and  probable  reserves. All deferred costs relating to the project
     will  be  expensed  in  the  year  of  abandonment  or  sale.

     VALUES

     The amounts shown for mineral properties and for deferred exploration costs
     represent costs to date, and do not necessarily represent present or future
     values, as they are entirely dependent upon the economic recovery of future
     reserves.

     COST  OF  MAINTAINING  MINERAL  PROPERTIES

     The  Company  does not accrue the estimated future costs of maintaining its
     mineral  properties  in  good  standing.

     ENVIRONMENTAL  PROTECTION  AND  RECLAMATION  COSTS

     The  operations of the Company have been, and may in the future be affected
     from  time  to  time  in  varying  degrees  by  changes  in  environmental
     regulations, including those for future removal and site restoration costs.
     Both  the  likelihood  of new regulations and their overall effect upon the
     Company  may  vary  from  region  to  region  and  are  not  predictable.

     The  Company's  policy is to meet or, if possible, surpass standards set by
     relevant legislation, by application of technically proven and economically
     feasible  measures.

     Environmental  expenditures  that  relate  to  ongoing  environmental  and
     reclamation  programs  are  charged  against  earnings  as  incurred  or
     capitalized  and  amortized  depending upon their future economic benefits.
     The  Company  does  not  anticipate  any  material capital expenditures for
     environmental  control  facilities  because  it  is  at  an  early stage of
     exploration.  Estimated  future  removal  and  site  restoration  costs are
     considered  minimal.

     CAPITAL  ASSETS  AND  AMORTIZATION

     Capital  assets, being office equipment, are recorded at cost and are being
     amortized  over their estimated useful life on the declining balance method
     at  a  rate  of  20%  per  annum.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================


2.   SIGNIFICANT  ACCOUNTING  POLICIES  (cont'd  .  .  .  )

     INVESTMENTS

     The  Company's  long-term  investments are accounted for on the cost basis.
     The  investments  will  be  written-down  to their estimated net realizable
     value when there is evidence of a decline in value below carried value that
     is  other  than  temporary.


     CAPITAL  STOCK

     The proceeds from the exercise of stock options, warrants and escrow shares
     are  credited  to capital stock in the amount for which the option, warrant
     or  escrow  share  enabled  the  holder to purchase a share in the Company.


     FOREIGN  EXCHANGE

     The  Company's foreign subsidiaries are corporations used for holding title
     to  mineral  properties.  Therefore,  the  functional  currency  of  these
     consolidated  financial  statements  is  the  Canadian  dollar.

     Transaction  amounts  denominated in foreign currencies are translated into
     their  Canadian  dollar  equivalents  at  exchange  rates prevailing at the
     transaction  date.  Carrying  values of monetary assets and liabilities are
     adjusted at each balance sheet date to reflect exchange rates prevailing at
     that  date.  Gains  and losses arising from restatement of foreign currency
     monetary  assets and liabilities at each year end are included in earnings.


     LOSS  PER  SHARE

     Loss  per  share  is  based on the weighted average number of common shares
     outstanding  during  the  year. For the years ended November 30, 1999, 1998
     and  1997,  the  weighted  average  number  of  shares  outstanding  were,
     12,445,244,  12,217,840  and  10,490,724,  respectively.

     Fully  diluted  earnings  per  share  consider  the  dilutive impact of the
     conversion  of  outstanding stock options and warrants as if the events had
     occurred  at  the  beginning of the year. For all the years presented, this
     calculation  proved  to  be  anti-dilutive.


     INCOME  TAXES

     The  Company  accounts  for  income  taxes  in accordance with Statement of
     Financial  Accounting  Standards  No.  109,  "Accounting  for Income Taxes"
     ("SFAS No. 109"). SFAS No. 109 requires a company to recognize deferred tax
     assets  and  liabilities for the expected future tax consequences of events
     that  have  been recognized in a company's financial statements. Under this
     method,  deferred  tax  assets  and  liabilities  are  determined  based on
     temporary differences between the tax rates in effect in the years when the
     temporary  differences  are  expected  to  reverse.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================


3.   CAPITAL  ASSETS

<TABLE>
<CAPTION>
========================================================
                                         Net Book  Value
                                         ---------------
                           Accumulated
                   Cost   Amortization    1999    1998
--------------------------------------------------------
<S>               <C>     <C>            <C>     <C>

Office equipment  $1,411  $         212  $1,199  $   262
Vehicle                -              -       -   10,107
                  ------  -------------  ------  -------

                  $1,411  $         212  $1,199  $10,369
========================================================
</TABLE>

4.   MINERAL  PROPERTIES

     The  Company has entered into the following agreements to acquire interests
     in  various  mineral  claims:

<TABLE>
<CAPTION>
==========================================================================================================
                                                                                          1999      1998
----------------------------------------------------------------------------------------------------------
<S>                                                                                     <C>       <C>

STANDARD CREEK PROPERTY, BRITISH COLUMBIA
     A 100% interest by issuing 3,000,000 common shares, at a deemed value of
     $600,000 (the deemed value of the shares was their quoted market price on the
     Alberta Stock Exchange on the date of acquisition), and incurring various
     acquisition related costs.   The claims are subject to a 3  % net smelter returns
     royalty and a 10% net proceeds of production royalty.                              $632,326  $632,036

STAKED CLAIMS, NEVADA, U.S.A.
     A 100% interest in certain claims by staking and by entering into an option
     agreement.                                                                          280,961   184,145

EXPLORATION LICENCES, VIETNAM
     A 100% interest in three exploration licences.  During the current year, the
     licenses were abandoned and all related costs were written-off.                           -    32,900
                                                                                        --------  --------

                                                                                        $913,287  $849,081
==========================================================================================================
</TABLE>

     FUTURE  MINERAL  PROPERTY  PAYMENTS

     a)   The  Company is required to pay annual filing fees totalling US$19,100
          to  renew  the  licenses  on  its  Nevada  properties.

     b)   On  certain  of  its  Nevada claims, the Company is required to pay or
          incur  the  following  to  earn  its  100%  interest:

          i)   Pay  a  purchase  price  of  US$2,000,000;

          ii)  Make advance net smelter returns royalty payments of US$25,000 on
               July  8,  2000  and  on  July 8 of each of the following nineteen
               years;


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================

4.   MINERAL  PROPERTIES  (cont'd  )

          iii) Incur  expenditures  totalling  US$150,000  by  July  9,  2000.
               Subsequently,  the  work  commitment  obligation will increase by
               $50,000  each  year  until  the  Company  commences  commercial
               production;  and

          iv)  Make  advance net smelter returns royalty payments of US$3,000 on
               May  14,  2000, $5,000 on May 14, 2001, 2002 and 2003 and $10,000
               on  May  14  of  each  of  the  following  fifteen  years.

     TITLE  TO  MINERAL  PROPERTIES

     Title  to  mineral  properties  involves  certain inherent risks due to the
     difficulties  of  determining the validity of certain claims as well as the
     potential  for  problems arising from the frequently ambiguous conveyancing
     history  characteristic  of  may  mineral  properties.  The  Company  has
     investigated title to all of its mineral properties and, to the best of its
     knowledge,  title  to  all  of  its  properties  are  in  good  standing.

5.   DEFERRED  EXPLORATION  COSTS

<TABLE>
<CAPTION>
===============================================================================================
                                        British
                                       Columbia    Nevada    Vietnam       1999         1998
-----------------------------------------------------------------------------------------------
<S>                                    <C>        <C>       <C>         <C>          <C>

Balance, beginning of year             $ 422,682  $481,502  $ 154,129   $1,058,313   $  601,569
                                       ---------  --------  ----------  -----------  ----------

Assaying and sample preparation                -    17,064          -       17,064       24,736
Field expenditures                             -     4,702        126        4,828       22,287
Field labour costs                             -    22,864          -       22,864       59,268
Geological consulting                          -   152,694          -      152,694      293,931
Report preparation and mapping                 -    11,554          -       11,554        5,289
Travel                                         -    15,760         27       15,787       51,233
                                       ---------  --------  ----------  -----------  ----------

Expenditures incurred during the year          -   224,638        153      224,791      456,744
Written-off during the year                    -         -   (154,282)    (154,282)           -
                                       ---------  --------  ----------  -----------  ----------

                                               -   224,638   (154,129)      70,509      456,744
                                       ---------  --------  ----------  -----------  ----------

Balance, end of year                   $ 422,682  $706,140  $       -   $1,128,822   $1,058,313
===============================================================================================
</TABLE>

     During  fiscal  year 1997, the Company incurred exploration expenditures in
     advance  of  entering  into  an  option  agreement to acquire a property in
     Mexico.  Management of the Company made a decision that this property would
     not  be  economically  viable  and consequently, all related costs totaling
     $177,476,  were  written-off.

6.   INVESTMENTS

     In  September  1998,  the  Company  acquired  704,225  units  in  Indico
     Technologies  Corporation,  a company listed on the Alberta Stock Exchange,
     for  $761,850.  Each  unit  consisted  of  one  common  share and one share
     purchase  warrant  to  acquire  an additional share for US$1.42 expiring on
     September  11,  2000.  During  the  year,  the  Company  reclassified  this
     investment  as  marketable  securities in current assets. The Company wrote
     down  its  investment in Indico Technologies Corporation by $374,526 to its
     market  value  of  $387,324.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================

6.   INVESTMENTS

     During  the  current  year,  the  Company acquired 240,000 common shares of
     Puresource,  Inc.,  a  private  company  incorporated  in  the  State  of
     Washington,  United  States  for  $146,450.

7.   CAPITAL  STOCK

<TABLE>
<CAPTION>
====================================================================================
                                                              Number
                                                            of Shares      Amount
------------------------------------------------------------------------------------
<S>                                                         <C>         <C>

Authorized
  Unlimited number of common shares without par value
  Unlimited number of preferred shares, issuable in series

Common shares issued
  As at November 30, 1996                                    8,950,000  $ 2,643,319
    Subscriptions received in prior year                             -   (1,375,400)
    For cash - private placements, net of issuance costs     2,984,507    2,641,529
    For cash - exercise of options                             150,000       30,000
    For cash - exercise of broker's options                    100,000       10,000
                                                            ----------  ------------

  As at November 30, 1997                                   12,184,507    3,949,448
    For cash - exercise of options                             100,000       20,000
                                                            ----------  ------------

  As at November 30, 1998                                   12,284,507    3,969,448
    For cash - private placement                               535,000       80,250
    For cash - exercise of options                              20,000        4,000
    For finder's fee                                            53,500            -
                                                            ----------  ------------

  As at November 30, 1999                                   12,893,007  $ 4,053,698
====================================================================================
</TABLE>

     The  following  incentive  stock  options  and share purchase warrants were
     outstanding  at  November  30,  1999:

<TABLE>
<CAPTION>
===================================================
            Number    Exercise
           of Shares    Price       Expiry Date
---------------------------------------------------
<S>        <C>        <C>        <C>

Options:     100,000  $    0.15  September 11, 2001
             192,500       0.20  September 11, 2001
              10,000       0.15  February 27, 2002
              25,000       0.15  May 8, 2002
              30,000       0.15  May 12, 2002
              75,000       0.45  June 10, 2003
             210,000       0.15  June 10, 2003
             565,950       0.17  June 1, 2004

Warrants:    535,000      0.179  September 29, 2001
===================================================
</TABLE>


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================

8.   RELATED  PARTY  TRANSACTIONS

     These  consolidated  financial statements include transactions with related
     parties  as  follows:

     a)   The  Company  paid  $123,954  (1998  -  $218,563;  1997 - $180,662) to
          directors or companies controlled by directors for geological services
          which  have  been  capitalized  to  mineral  properties or expensed as
          property  investigation  costs.


     b)   The  Company  paid $55,000 (1998 - $26,000; 1997 - $Nil) in consulting
          fees  included  in  shareholder  communications  to  a director of the
          Company.

     Amounts  due to or from affiliated companies are non-interest bearing, with
     no  fixed  terms  of  repayment.


9.   INCOME  TAXES

     The  Company  has  not  recorded  potential  future income tax benefits for
     $690,513  of  Canadian  operating  losses  which  expire  as  follows:


          2002              $  10,976
          2003                 96,154
          2004                 68,591
          2005                180,596
          2006                334,196
                           ----------

                           $  690,513
                           ==========

     Subject  to  certain  restrictions,  the  Company  has  further exploration
     expenditures  available  to reduce Canadian taxable income of future years.
     Future  tax  benefits  which  may  arise  as  a  result of these losses and
     resource  deductions  have  not  been  recognized  in  these  consolidated
     financial  statements.

10.  UNITED  STATES  GENERALLY  ACCEPTED  ACCOUNTING  PRINCIPLES

     These  financial statements have been prepared in accordance with generally
     accepted  accounting  principles  in Canada. Except as set out below, these
     financial statements also comply, in all material respects, with accounting
     principles  generally  accepted  in  the  United  States  and the rules and
     regulations  of  the  Securities  and  Exchange  Commission.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================

10.  UNITED  STATES  GENERALLY  ACCEPTED  ACCOUNTING  PRINCIPLES  (cont'd  )

     i)   Stock  Based  Compensation


          The  United  States  Financial  Accounting  Standards Board has issued
          Statement  of Financial Accounting Standards No. 123 ("SFAS No. 123"),
          "Accounting  for Stock Based Compensation", which became effective for
          fiscal  years  beginning  after  December  15,  1995.  This  statement
          requires  the Company to establish a fair market value based method of
          accounting  for  stock  based  compensation  plans. Canadian generally
          accepted  accounting  principles  do  not require the reporting of any
          stock  based  compensation  expense  in  the  Company's  financial
          statements.

          For  compliance  with  United  States  generally  accepted  accounting
          principles, the company uses the Black Scholes Option Pricing Model to
          determine the fair value of incentive stock options at the grant date.
          As  at  November 30, 1999, compensation expense totalling $228,422 has
          been  incurred. In determining the fair value of these incentive stock
          options,  the  following  assumptions  were  used:

<TABLE>
<CAPTION>
=====================================================
                           1999      1998      1997
-----------------------------------------------------
<S>                      <C>       <C>       <C>

Risk free interest rate     5.50%     5.94%     6.62%
Expected life            5 years   5 years   5 years
Expected volatility          147%    87.21%    91.05%
Expected dividends             -         -         -
=====================================================
</TABLE>

     The  following  is  a summary of the status of stock options outstanding at
     November  30,  1999:

<TABLE>
<CAPTION>
========================================================================
                           Outstanding  Options     Exercisable  Options
                           --------------------     --------------------
                            Weighted
                            Average     Weighted              Weighted
                           Remaining     Average               Average
Range of                  Contractual   Exercise              Exercise
Exercise Prices  Number   Life (Years)    Price     Number      Price
------------------------------------------------------------------------
<S>                       <C>           <C>        <C>        <C>

0.15 - 0.20  1,133,450           3.48  $    0.17  1,133,450  $    0.17
0.45    75,000                   3.50       0.45     75,000       0.45
========================================================================
</TABLE>


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================

10.  UNITED  STATES  GENERALLY  ACCEPTED  ACCOUNTING  PRINCIPLES  (cont'd  )

     Following  is  a  summary of the stock based compensation plan during 1999,
     1998  and  1997:

<TABLE>
<CAPTION>
==================================================================================
                                                                         Weighted
                                                                          Average
                                                              Number     Exercise
                                                             of Shares     Price
----------------------------------------------------------------------------------
<S>                                                         <C>          <C>

Outstanding and exercisable at December 1, 1996                892,500   $    0.31
  Granted                                                      435,000        0.82
  Exercised                                                   (150,000)       0.20
  Forfeited                                                   (100,000)
                                                            -----------

Outstanding and exercisable at November 30, 1997             1,077,500   $    0.55
                                                            -----------  ---------

Weighted average fair value of options granted during 1997        $     0.68
                                                                  -----------

Outstanding and exercisable at December 1, 1997              1,077,500   $    0.55
  Granted                                                      600,000        0.45
  Exercised                                                   (100,000)       0.20
  Forfeited                                                   (370,000)       0.80
                                                            -----------

Outstanding and exercisable at November 30, 1998             1,207,500   $    0.36
                                                            -----------  ---------

Weighted average fair value of options granted during 1998        $     0.49
                                                                  -----------

Outstanding and exercisable at December 1, 1998              1,207,500   $    0.36
  Granted                                                      565,950        0.17
  Exercised                                                    (20,000)       0.20
  Forfeited                                                   (545,000)       0.39
                                                            -----------

Outstanding and exercisable at November 30, 1999             1,208,450   $    0.19
                                                            -----------  ---------

Weighted average fair value of options granted during 1999         $     0.38
==================================================================================
</TABLE>

     ii)  Loss  per  share

          Under  Canadian  generally  accepted  accounting  principles  the
          calculation  of  basic loss per share is calculated using the weighted
          average  number  of  common  shares  outstanding  during  the  year.

          Under U.S. generally accepted accounting principles basic earnings per
          share  is  calculated  using  the  weighted  average  number of shares
          outstanding  during  the  year,  as well as including any common stock
          equivalents  which may be outstanding. This weighted average number of
          common  shares  outstanding includes any shares that remain in escrow,
          but  may be earned out based on the company incurring a certain amount
          of  exploration  and development expenditures. Basic loss per share is
          calculated  using  only  the  weighted average number of common shares
          outstanding  because  to  include  common  stock  equivalents would be
          anti-dilutive.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================


10.  UNITED  STATES  GENERALLY  ACCEPTED  ACCOUNTING  PRINCIPLES  (cont'd  )

     iii) Income  taxes

          The  Company accounts for income taxes in accordance with Statement of
          Financial  Accounting Standards No. 109, "Accounting for Income Taxes"
          ("SFAS  No.  109").  SFAS  No.  109  requires  a  company to recognize
          deferred  tax  assets  and  liabilities  for  the  expected future tax
          consequences  of  events  that  have  been  recognized  in a company's
          financial  statements.  Under  this  method,  deferred  tax assets and
          liabilities  are determined based on temporary differences between the
          tax  rates  in  effect in the years when the temporary differences are
          expected  to  reverse.

     iv)  Mineral  properties

          Under  Canadian  generally accepted accounting principles, the mineral
          properties,  including  prospecting and acquisition costs, are carried
          at  cost  and written down if the properties are abandoned, sold or if
          management  decides  not to pursue the properties. Under United States
          generally  accepted accounting principles, exploration and prospecting
          costs are charged to expense as incurred, as are development costs for
          projects not yet determined by management to be commercially feasible.
          Expenditures  for mine development are capitalized when the properties
          are  determined to have commercially mineable deposits but are not yet
          producing  at  a  commercial  level.  Prior  to  commencing commercial
          production,  revenue  relating to development ore, net of mining costs
          associated  with  its  production,  is offset against mine development
          costs. Mine development costs incurred to access reserves on producing
          mines  are  also  capitalized.  Capitalisation  of  all  exploration,
          development  and  acquisition  costs  commences  once  the  Company
          identifies  commercially  mineable  deposits  that  relate to specific
          properties.

          Under Statement of Financial Accounting Standards No. 121, "Accounting
          for  the  Impairment of Long-Lived Assets and for Long-Lived Assets to
          be  Disposed  of" ("SFAS 121"), management of a company is required to
          review  the  net  carrying  value of each property on a regular basis.
          Estimated  future  net  cash  flows  from each property are calculated
          using  estimates  of commercially mineable deposits. Reductions in the
          carrying  value  of each property would be recorded to the extent that
          the  Company's carrying value in each property exceeds its estimate of
          future  discounted  net  cash  flows.  Currently,  SFAS  121  is  not
          applicable  as  the  Company  has  no  commercially mineable deposits.

     v)   Trading  securities  and  available-for-sale  securities

          Under  Canadian  generally  accepted accounting principles, marketable
          securities  are  recorded at the lower of cost or quoted market value.
          Long-term  investments are recorded at cost and only written down when
          there  is  evidence  of a decline in value below carried value that is
          other  than  temporary.  Holding  gains  are  never  recognized.

          Under Statement of Financial Accounting Standards No. 115, "Accounting
          for  Certain  Investments  in  Debt  and Equity Securities" ("SFAS No.
          115"),  unrealized  holding gains and losses for marketable securities
          are  included  in  earnings.  Unrealized  holding gains and losses for
          long-term investments are excluded from earnings and reported as a net
          amount in a separate component of shareholders' equity until realized.

          The  fair  value  of  the  Company's investment in Indico Technologies
          Corporation  ("Indico")  (Note  6)  at November 30, 1998 was $718,310,
          resulting  in  a  $43,540 unrealized holding loss. Under SFAS No. 115,
          this  loss is reported as a separate component of shareholders' equity
          at  November  30,  1998.  During the current year, this investment was
          reclassified  as  marketable securities. At November 30, 1999 the fair
          value  was  $387,324, resulting in a $374,526 unrealized holding loss,
          which,  under  both  SFAS  No.  115  and  Canadian  generally accepted
          accounting  principles,  is  included  in  earnings.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================

10.  UNITED  STATES  GENERALLY  ACCEPTED  ACCOUNTING  PRINCIPLES  (cont'd  )

     vi)  Recent  accounting  pronouncements

          In  June 1997, SFAS No. 130, "Reporting Comprehensive Income" and SFAS
          No.  131,  "Disclosure  about  Segments  of  an Enterprise and Related
          Information"  were  issued.  SFAS  No.  130  addresses  standards  for
          reporting  and  display of comprehensive income and its components and
          SFAS  No.  131  requires disclosure of reportable operations segments.
          Both  statements  were  effective  for the Company's 1998 fiscal year.
          These  pronouncements  have  not  materially  affected  the  Company's
          financial  statements.

          In  June 1998, SFAS No. 133 "Accounting for Derivative Instruments and
          Hedging  Activities"  was  issued. SFAS No. 133 establishes accounting
          and  reporting  standards  for  derivative instruments and for hedging
          activities.  SFAS  No.  133  is  effective  for all fiscal quarters of
          fiscal  years  beginning  after  June  15,  1999. The Company does not
          anticipate  that the adoption of the statement will have a significant
          impact  on  its  financial  statements.

          In April 1998, the American Institute of Certified Public Accountant's
          issued  Statement of Position 98-5 "Reporting on the Costs of Start-Up
          Activities"  ("SOP  98-5")  which  provides  guidance on the financial
          reporting  of start-up costs and organization costs. It requires costs
          of  start-up  activities  and  organization  costs  to  be expensed as
          incurred.  SOP  98-5  is  effective  for  fiscal years beginning after
          December  15,  1998  with  initial adoption reported as the cumulative
          effect  of  a  change  in  accounting  principle. The Company does not
          anticipate that the adoption of this statement will have a significant
          effect  on  its  financial  statements.

          In  March 2000, the Canadian Institute of Chartered Accountants issued
          accounting  guideline  AcG-11  "Enterprises  in the Development Stage"
          which provides guidance for recognition, measurement, presentation and
          disclosure  by  enterprises  in  the  development  stage.  AcG-11  is
          effective  for all fiscal periods beginning on or after April 1, 2000.
          The  Company  has  not  determined  what effect AcG-11 will have on it
          financial  statements  in  relation  to  the  accounting  treatment of
          mineral  properties  and  deferred  exploration  costs.

          The impact of the above differences between Canadian and United States
          generally  accepted accounting principles on loss for the period would
          be  as  follows:

<TABLE>
<CAPTION>
====================================================================================================================
                                                                   Cumulative
                                                                Amounts  from
                                                                  October  7,
                                                                     1994  to        Year  Ended  November  30,
                                                                 November 30,   ------------------------------------
                                                                     1999           1999         1998        1997
--------------------------------------------------------------------------------------------------------------------
<S>                                                             <C>             <C>           <C>         <C>

Loss for the period as reported                                 $  (1,418,297)  $  (899,836)  $(228,802)  $(201,105)
Less: Compensation expense on granting of stock options              (228,422)     (120,471)    (40,742)    (63,429)
     Acquisition of mineral properties                               (946,187)      (97,106)   (166,902)    (50,433)
     Deferred exploration costs                                    (1,460,580)     (224,791)   (456,744)   (779,045)

Add:  Write-off of mineral properties and deferred costs under
Canadian generally accepted accounting principles                     364,658       187,182           -     177,476
                                                                --------------  ------------  ----------  ----------

Loss for the period in accordance with United States generally
     accepted accounting principles                             $  (3,688,828)  $(1,155,022)  $(893,190)  $(916,536)
====================================================================================================================

Basic loss per share for the period in accordance with
 United States generally accepted accounting principles                         $     (0.09)  $   (0.07)  $   (0.09)
====================================================================================================================
</TABLE>


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================


10.  UNITED  STATES  GENERALLY  ACCEPTED  ACCOUNTING  PRINCIPLES  (cont'd  )

     The  impact  of  the  above  difference  between Canadian and United States
     generally accepted accounting principles on the deficit, as reported, is as
     follows:

<TABLE>
<CAPTION>
==================================================================================================
                                                              1999          1998          1997
--------------------------------------------------------------------------------------------------
<S>                                                       <C>           <C>           <C>

Deficit, as reported                                      $(1,418,297)  $  (518,461)  $  (289,659)
                                                          ------------  ------------  ------------

Cumulative compensation expense                              (228,422)     (107,951)      (67,209)
Mineral property acquisition costs expensed under
  United States generally accepted accounting principles     (913,287)     (849,081)     (682,179)
Deferred exploration costs expensed under United States
  generally accepted accounting principles                 (1,128,822)   (1,058,313)     (601,569)
                                                          ------------  ------------  ------------

                                                           (2,270,531)   (2,015,345)   (1,350,957)
                                                          ------------  ------------  ------------

Deficit in accordance with United States generally
  accepted accounting principles                          $(3,688,828)  $(2,533,806)  $(1,640,616)
==================================================================================================
</TABLE>

     The  impact  of  the  above  difference  between Canadian and United States
     generally  accepted  accounting  principles  on the statement of changes in
     shareholders'  equity,  as  reported,  is  as  follows:

<TABLE>
<CAPTION>
==========================================================================================================
                                                                                    Deficit
                                              Share  Capital     Unrealized     Accumulated
                                         ----------------------     Loss on     Exploration
                                            Number                  Holding     During  the
                                         of Shares     Amount     Investment          Stage         Total
----------------------------------------------------------------------------------------------------------
<S>                                      <C>         <C>         <C>           <C>            <C>

Shareholders' equity as reported
  November 30, 1997                      12,184,507  $3,949,448  $         -   $   (289,659)  $ 3,659,789

Mineral property acquisition costs
  expensed under United States
  generally accepted accounting
  principles                                      -           -            -       (682,179)     (682,179)

Deferred exploration costs expensed
  under United States generally
  accepted accounting principles                  -           -            -       (601,569)     (601,569)

Compensation expense on granting of
  stock options                                   -      67,209            -        (67,209)            -
                                         ----------  ----------  ------------  -------------  ------------

Shareholders' equity in accordance with
United States generally accepted
  accounting principles at
  November 30, 1997                      12,184,507  $4,016,657  $         -   $ (1,640,616)  $ 2,376,041
==========================================================================================================
</TABLE>


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================

10.  UNITED  STATES  GENERALLY  ACCEPTED  ACCOUNTING  PRINCIPLES  (cont'd  )

<TABLE>
<CAPTION>
==========================================================================================================
                                                                                    Deficit
                                              Share  Capital     Unrealized     Accumulated
                                         ----------------------     Loss on     Exploration
                                            Number                  Holding     During  the
                                         of Shares     Amount     Investment          Stage         Total
----------------------------------------------------------------------------------------------------------
<S>                                      <C>         <C>         <C>           <C>            <C>

Continued . . .


Shareholders' equity as reported
  November 30, 1998                      12,284,507  $3,969,448  $         -   $   (518,461)  $ 3,450,987

Mineral property acquisition costs
  expensed under United States
  generally accepted accounting
  principles                                      -           -            -       (849,081)     (849,081)

Deferred exploration costs expensed
  under United States generally
  accepted accounting principles                  -           -            -     (1,058,313)   (1,058,313)

Unrealized holding loss on investment             -           -      (43,540)             -       (43,540)

Compensation expense on granting of
  stock options                                   -     107,951            -       (107,951)            -
                                         ----------  ----------  ------------  -------------  ------------

Shareholders' equity in accordance with
  United States generally accepted
  accounting principles at
  November 30, 1998                      12,284,507  $4,077,399  $   (43,540)  $ (2,533,806)  $ 1,500,053
                                         =================================================================


Shareholders' equity as reported
  November 30, 1999                      12,893,007  $4,053,698  $         -   $ (1,418,297)  $ 2,635,401

Mineral property acquisition costs
  expensed under United States
  generally accepted accounting
  principles                                      -           -            -       (913,287)     (913,287)

Deferred exploration costs expensed
  under United States generally
  accepted accounting principles                  -           -            -     (1,128,822)   (1,128,822)

Compensation expense on granting of
  stock options                                   -     228,422            -       (228,422)            -
                                         ----------  ----------  ------------  -------------  ------------

Shareholders' equity in accordance with
  United States generally accepted
  accounting principles at
  November 30, 1999                      12,893,007  $4,282,120  $         -   $ (3,688,828)  $   593,292
==========================================================================================================
</TABLE>


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  1999

================================================================================

11.  CONTINGENCY

     ENVIRONMENTAL  REGULATIONS

     All  phases  of  the  Company's  operations  are  subject  to environmental
     regulations.  Environmental  legislation,  in  the  countries  in which the
     Company  is  currently performing exploration work, is evolving in a manner
     which  will require stricter standards and enforcement, increased fines and
     penalties  for  non-compliance, more stringent environmental assessments of
     proposed  projects  and heightened degree of responsibilities for companies
     and  their  officers,  directors,  and  employees.  Although  presently,
     compliance  with  such  laws  is  not a significant factor in the Company's
     operations,  there  is  no  assurance  that future changes in environmental
     regulations,  if  any,  will not adversely affect the Company's operations.

12.  SUPPLEMENTAL  DISCLOSURES  WITH  RESPECT  TO  THE  STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
===========================================================================================
                                    Cumulative
                                       Amounts
                                          From
                                   October  7,
                                      1994  to            Year  Ended  November  30,
                                  November 30,   ------------------------------------------
                                      1999           1999           1998           1997
                                                 -------------  -------------  ------------
<S>                               <C>            <C>            <C>            <C>

CASH PAID DURING THE PERIOD FOR:
  Interest                        $           -  $           -  $           -  $          -
  Income taxes                                -              -              -             -
</TABLE>

     Since inception of the exploration stage, the Company has issued a total of
     3,053,500  common  shares  for  non-cash  consideration  as  follows:

================================================================================
                     Number
Year                of Shares       Amount       Consideration
--------------------------------------------------------------------------------
1999                   53,500      $      -      Finder's fee
1996                3,000,000       600,000      Acquisition of mineral property
================================================================================

13.  SUBSEQUENT  EVENTS

     Subsequent  to  November  30,  1999:

     a)   The  Company  granted  incentive stock options enabling the holders to
          acquire up to 200,000 common shares at $0.24 per share to February 10,
          2005.

     b)   The  Company  re-priced 25,000 incentive stock options, outstanding at
          year  end,  from  $0.45  per  shares  to  $0.24  per  share.

     c)   The Company issued 292,500 common shares for total proceeds of $55,500
          pursuant  to  the  exercise  of  incentive  stock  options.


<PAGE>