UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 20-F/A

(Mark  One)

REGISTRATION  STATEMENT  PURSUANT  TO  SECTION  12(b)  OR  (g) OF THE SECURITIES
EXCHANGE  ACT  OF  1934

X  ANNUAL  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF  1934

For the fiscal year ended    November 30, 2000


                         Commission file number 0-29986


                          TRIBAND RESOURCE CORPORATION

             (Exact name of Registrant as specified in its charter)

                                 Alberta, Canada

                 (Jurisdiction of incorporation or organization)

                   659A Moberly Road, Vancouver, B.C., V5Z 4N2

                    (Address of principal executive offices)

 Securities registered or to be registered pursuant to Section 12(b) of the Act.

         Title of each class           Name of each exchange on which registered

___Common Shares Without Par Value___     ________CDNX, NASDAQ OTCBB________

-------------------------------------     ----------------------------------

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

              __________Common Shares Without Par Value___________
                                (Title of Class)

Indicate  the  number  of  outstanding shares of each of the issuer's classes of
capital  or  common  stock  as  of the close of the period covered by the annual
report.  13,886,457

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.
                                                         X   Yes     No

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

                                                         X   Item 17     Item 18
                                  Index to Exhibits found on page 37


                                                                               1
<PAGE>
                           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.

                             2000     1999    1998   1997   1996   1995   1994

Rate at end of Period       $0.6678  $0.6862  $0.65  $0.70  $0.74  $0.74  $0.73

Average Rate During Period  $0.6579  $0.6718  $0.68  $0.72  $0.73  $0.73  $0.73

High Rate                   $0.6695  $0.6535  $0.63  $0.70  $0.72  $0.70  $0.72

Low Rate                    $0.6411  $0.6890  $0.71  $0.75  $0.75  $0.75  $0.76


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.


                                                                               2
<PAGE>
                                GLOSSARY OF TERMS
                                -----------------

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


                                                                               3
<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

ULTRAMAFICS                   group  of  igneous  rocks  containing  very  small
                              amounts  of  silica and large amounts of magnesium
                              and  iron


                                                                               4
<PAGE>
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


                                                                               5
<PAGE>
                                TABLE OF CONTENTS


                                     PART I
                                                                            PAGE


ITEM 1   Identy of Directors, Senior Managment and
Advisors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  7

ITEM 2    Offer Statistics and Expected Timetable
 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  7

ITEM 3    Key Information . . . . . . . . . . . . . . . . . . . . . . . . .  7

ITEM 4    Information on the Company
 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  11

ITEM 5    Operating and Financial Review and Prospects
 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  23

ITEM 6    Directors, Sendior Managment and Employees. . . . . . . . . . . .  28

ITEM 7    Major Shareholders and Related Party Transactions
 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  32

ITEM 8    Financial Information . . . . . . . . . . . . . . . . . . . . . .  33

ITEM 9    The Offer and Listing . . . . . . . . . . . . . . . . . . . . . .  33

ITEM 10   Additional Information. . . . . . . . . . . . . . . . . . . . . .  34

ITEM 11   Quatitative and Aualitative Disclosures About Market Risk
 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  36

ITEM 12   Description of Securities Other than Equity Securities
 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  36

                                    PART II

ITEM 13   Defaults, Dividend Arrearas and Delinquencies
 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  36
ITEM 14   Material Modifications to the rights of Security
Holders and Use of Proceeds . . . . . . . . . . . . . . . . . . . . . . . .  36

                                    PART III


ITEM 17  Financial Statements . . . . . . . . . . . . . . . . . . . . . . .  36
ITEM 18 Financial Statements. . . . . . . . . . . . . . . . . . . . . . . .  37
ITEM 19  Financial Statements and
Exhibits. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  37


                                                                               6
<PAGE>
ITEM  1.   IDENTITY  OF  DIRECTORS,  SENIOR  MANAGEMENT  AND  ADVISORS


Directors,  Officers,  Senior  Management

Gary  Freeman,  Vancouver,  BC,  President  and  director  of  Triband  Resource
Corporation.

Jerry  F.  Pogue,  Vancouver,  BC,  Director  of  Triband  Resource  Corporation

Shalom  (Sam)  Szajman,  Vancouver, BC, Director of triband Resource Corporation

Michael  Bartlett,  Miami  Florida,  Director  of  Triband  Resource Corporation

William  R.  Green,  Portland,  Oregon, Director of Triband Resource Corporation

ADVISORS

The  Company's  principal  bankers  are  the  Bank of Montreal, Main Branch, 595
Burrard  Street,  Vancouver,  BC.

The  Company's  legal  advisors are McCullough O'Connor & Irwin, Suite 1100, 888
Dunsmuir Street, Vancouver, BC,  and Erwin Thomson, LLP, One East Liberty, Suite
424,  Reno,  Nevada,  89504  and Harris, Mericle & Wakayama, Seattle Washington.

AUDITORS

The  Company's  Auditors  are  Davidson  &  Company, Chartered Accountants, 12th
Floor,  609  Granville  St.,  Vancouver,  BC

ITEM  2.   OFFER  STATISTICS  AND  EXPECTED  TIMETABLE

Not  Applicable



ITEM  3.   KEY  INFORMATION

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
prospecting  costs  are charged to expense as incurred, as are development 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.


                                                                               7
<PAGE>
<TABLE>
<CAPTION>
         SELECTED  FINANCIAL  DATA

                                             SELECTED FINANCIAL DATA (CANADIAN GAAP)

                                              YEAR         YEAR         YEAR        YEAR        YEAR       YEAR
                                              ENDED        ENDED       ENDED       ENDED       ENDED      ENDED
                                            2000 ($)     1999 ($)     1998 ($)    1997 ($)    1996 ($)   1995 ($)
<S>                                        <C>          <C>          <C>         <C>         <C>         <C>

Revenues                                            -            -           -           -           -         -
Exploration Expenses                          176,563    2,237,244      76,246     177,476      50,059         -
Depletion, Depreciation and Amortization        4,376          212       2,247       6,348           -         -
General and Administrative Expenses           280,157      283,430     370,236     138,234      43,833     6,202
Other Income                                  194,209       11,818     219,927     120,953       8,043     3,497
Net Income (Loss)                          (1,459,273)    (899,836)   (228,802)   (201,105)    (85,849)   (2,705)
Per Share                                       (0.11)       (0.07)      (0.02)      (0.02)      (0.02)    (0.01)
Working Capital                               160,558      445,643     771,374   2,361,228   1,923,019   225,743
Deferred Exploration Expenses               1,197,295    2,042,109   1,907,394   1,283,748     631,746         -
Other Assets                                   27,565      147,649     772,219      14,813           -         -
Long-Term Liabilities                               -            -           -           -           -         -
Shareholders Equity                         1,396,861    2,635,401   3,450,987   3,659,789   2,554,765   225,743


                                                SELECTED FINANCIAL DATA, US GAAP

                                                YEAR         YEAR        YEAR        YEAR        YEAR      YEAR
                                                ENDED        ENDED       ENDED       ENDED       ENDED     ENDED
                                                2000         1999        1998        1997        1996      1995
<S>                                        <C>          <C>          <C>         <C>         <C>         <C>

Revenues                                            -                        -           -           -         -
Exploration Expenses                          413,538      371,959     697,695     829,478     681,805         -
Depletion, Depreciation and
Amortization                                    4,376          212       2,247       6,348           -         -
General and Administrative Expenses           704,826      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)                    (1,090,823)  (1,155,022)   (893,190)   (916,536)   (721,375)   (2,705)
Per Share                                       (0.08)       (0.09)      (0.07)      (0.09)      (0.18)    (0.00)
Working Capital                               160,558      445,643     771,374   2,361,228     547,619   225,743
Deferred Exploration Expenses                       -            -           -           -           -         -
Other Assets                                   27,565      147,649     728,679      14,813           -         -
Long-Term Liabilities                               -            -           -           -           -         -
Shareholders Equity                           155,243      593,292   1,500,053   2,376,041   1,923,019   225,743
</TABLE>


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  early-stage  mining  companies.


                                                                               8
<PAGE>
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.
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,
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


                                                                               9
<PAGE>
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  and
development 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  and  development  of  its  projects.  The  Corporation's
accumulated  deficit  as  at  November  30,  2000  was  $2,758,685.
                                                        ----------

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
---------------------------

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.


                                                                              10
<PAGE>
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 and between $0.75 and $0.13 in
2000.  No  assurances  can be made that the Corporation's share price and volume
will  not  continue  to  fluctuate  materially.

SIGNIFICANT  UNCERTAINTIES

The  Corporation currently does not have any producing mineral properties 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 complete the development 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.

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  4     INFORMATION  ON  THE  COMPANY

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
13,886,457  Common  Shares  issued  and  outstanding  as  of  May  30,  2000.


                                                                              11
<PAGE>
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 659A Moberly Road, Vancouver, British Columbia, V5Z
4N2  (604)  331-0096.  The  Corporation has one wholly owned, direct subsidiary:
Triband Resource US Inc., a corporation incorporated under the laws of the State
of  Nevada  on  November  5, 1997.  The registered office of Triband Resource US
Inc.  is  located  at  1  East  Liberty  Street,  Suite  #424,  Reno,  Nevada.



INTERCORPORATE  RELATIONSHIPS

--------------------------------------------------------------------------------
|                         TRIBAND RESOURCE COPRORATION                         |
|                                                                              |
|                               (ALBERTA, CANADA)                              |
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                                        |
                                        |
                                      100%
                                        |
                                        |
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|                          TRIBAND RESOURCE U.S., INC.                         |
|                                                                              |
|                                   (NEVADA)                                   |
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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.

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


                                                                              12
<PAGE>
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.

The  table  below  illustrates the Corporation's expenditures on development and
exploration  activities  for the last five 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
development  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.

                             2000     1999     1998     1997     1996   1995

General Exploration         176,563   50,062   76,246       -   50,059     -

Mineral Properties          413,538   97,106  166,902   50,433  31,746     -

Deferred                    783,717  224,791  454,547  779,045      -      -
     Exploration
     Costs

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.

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.

Subsequent  to  the year ended November 30th, 2000, on  February 14th, 2001, the
Company  announced  that it had entered into prelimnary discussions with Via Vis
Technologies  Inc.,  whereby  Triband  Resource Corporation would acquire all of
the  issued and outstanding shares of Via Vis Technologies Inc., in exchange for
the  issuance  of  41,500,000  shares  of  Triband  Resource  Corporation.

On  March  27th,  2001, Triband Resource Corporation announced that it had opted
not  to  proceed  with the Via Via Technologies Inc. acquisition.  There were no
costs  relating  to  this  acquisition.

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.


                                                                              13
<PAGE>
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.

Effective  August  19,1999,  Puresource sold all of its assets to Clearant, Inc.
("Clearant"),  a  private  company incorporated in the State of Claifornia, USA.
As consideration, Puresource was issued 3,000,000 shares of clearant with a fair
value of $2,837,650 (US$1,900,000) or $0.95 (US$0.63) per share determined by an
independent  valuation  at date of closing and promissory notes convertible into
common shares at the discretion of Clearant totalling $1,642,850 (US$1,000,000).

Upon  completion of the sale, the shareholders of Puresource resolved to wind up
the  corporation.  During  the current year, the Company received a distribution
of  assets  from  Puresource  consisting  of  29,015  Clearant  shares.  The
distribution  of  assets  by  Puresource  to  its  shareholders  is considered a
non-monetary  non-reciprocal  transfer  and is accounted for on the basis of the
recorded  value  of  the  resources transferred.  As such, the 29,015 shares are
recorded by the Company at $0.95 per share for a total value of $27,564.  If, as
and  when  Puresource  distributes  further  assets  to  its  owners  prior  to
dissolution,  the  transfer  will  be  accounted  for  on  the  same  basis.

Consurrently,  the  investment  in shares of Puresource has been written down by
$145,449  to  a  nominal  value  of  $1.  The  balance of the investment will be
written  off  in  the  financial  statements  at  the date of formal wind up and
dissolution  of  the  coporation.

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:


                                                                              14
<PAGE>
                                             Lot or Mineral
Claim Name          Patent Date  Patent No.    Survey No.
------------------  -----------  ----------  --------------

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

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

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.

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

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.

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


                                                                              15
<PAGE>
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
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"):


                                                                  PAYMENT AMOUNT
         DATE                                                        (US$)

     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


                                                                              16
<PAGE>
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.

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.


                                                                              17
<PAGE>
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

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:


                                                                              18
<PAGE>
                                             Lot or Mineral
Claim Name          Patent Date  Patent No.    Survey No.
------------------  -----------  ----------  --------------

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

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.

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


                                                                              19
<PAGE>
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.

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


                                                                              20
<PAGE>
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.

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.


                                                                              21
<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.


                                                                              22
<PAGE>
ITEM  5.   OPERATING  AND  FINANCIAL  REVIEW  AND  PROSPECTS


MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  FINANCIAL  CONDITION AND RESULTS OF
OPERATIONS

The  Corporation  is  involved in mineral exploration activities in Nevada, USA.
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  therefore  has  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).


                                                                              23
<PAGE>
RESULTS  OF  OPERATIONS
-----------------------

RESULTS  OF  OPERATION

The net loss for the nine months ended November 30, 2000 was $2,758,685 or $0.10
per  share  in comparison with $1,418,297 or $0.07 per share for the same period
last year.  The increase in loss is due to the write off of exploration costs of
the  Standard  Creek  property  and  the  the  write  off of mineral properties.

YEAR  ENDED  NOVEMBER  30,  2000

Net  loss for the year ended November 30,2000 under Canadian GAAP was $1,459,273
as  compared  to $899,836 for the year ended November 30, 1999.  The increase in
losses  was mainly due to write-off of mineral properties for $632,326, deferred
exploration  costs  for  $433,928.

Net  loss  for  the year ended November 30, 2000 under  US GAAP  was  $1,090,823
(1999  -  $1,115,022;  1998  - $893,190; 1997 - $893,190; 1996 - $721,,371). The
comparison  of  loss  per  Canadian  GAAP  was  calculated  as  follows:

<TABLE>
<CAPTION>
                               2000        1999       1998      1997      1996     1995
<S>                         <C>         <C>         <C>       <C>       <C>       <C>
Loss for the year per
Canadian GAAP               $1,459,273  $  889,836  $228,802  $201,105  $ 85,849  $2,705

Compensation expense on
Granting Stock Options (1)  $  476,404

Acquisition of Mineral
Properties(2)               $  132,577  $  120,471  $ 40,742  $ 63,429  $  3,780       -

Deferred Exploration
Costs (2)                   $   88,823  $   37,609  $456,744  $601,569
                            ----------  ----------  --------  --------  --------  ------

Loss for the year
Under US GAAP               $1,090,823  $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 development 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>

Totasl  assets  of  the  Coporation decreased from $2,657,747 as at November 30,
1999  to  $1,396,86  as  at  November 30, 2000. During the year, the Corporation


                                                                              24
<PAGE>
received  $488,027  from  the  sale  of marketable securities and  $110,290 from
exercise  of  stock  options.

In 2000, the Corporation expanded a total of $413,538 on exploration programs on
the Whisky Canyon, Iowa, and Bet properties in Nevada as compared to $224,638 in
1999.

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.

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.

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.


                                                                              25
<PAGE>
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.

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.


                                                                              26
<PAGE>
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  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 $150,000
USD in exploration expenditures by July 9, 2000.  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.

Year  Ended  November  30,  2000

During  the  year  ended November 30, 2000, The corporation used $219,088 of its
cash  resources  for  operating  activities  and  $153,017  in  its  investing
activities.  Included  in  the  investing  activities  was  $132,577 for mineral
properties,  $88,823  for  exploration  costs,  and $98,950 in costs incurred in
investigating  potential  investments.  These  activities  were  funded  by  the
initial  cash  balance  on  had  at  the beginning of the year plus funds raised
during  the  year.  During  the year, the Corporation received $110,290 from the
exercise of stock options.  As a result the Corporation had a negative cash flow
of  $1,459,273  and  a  cash  balance  of  $128,622  as  at  November  30, 2000.

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


                                                                              27
<PAGE>
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 producing mineral properties 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 complete the development 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  6.   DIRECTORS,  SENIOR  MANAGEMENT  AND  EMPLOYEES

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,                                                                       OR DIRECTLY/      PERCENTAGE OF
MUNICIPALITY OF RESIDENCE             PRINCIPAL OCCUPATION 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 Resource                  nil                  nil
Vancouver, British Columbia        Corporation from March, 2000 to present.
Canada                             Mr. Freeman has been in the investment
President and Director             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.


                                                                              28
<PAGE>
JERRY G. POGUE  (1)                Past President of Triband Resource                          209,305            1.5%
Vancouver, British Columbia        Corporation.  Mr. Pogue is a self-employed
Canada                             business consultant and has been a financier
Director                           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.  Independent
Canada                             Corporate Finance Consultant from 1995 to
Corporate Secretary and Director   present; Director and Vice-President, Legal
                                   Affairs of First Continental Bancorp., a
                                   private specialized commercial, asset-based
                                   finance company from 1996 to 1999

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 Company's                  Nil                  N/A
                                   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, 209,305 Common Shares
     of  the  Corporation, representing 1.5% of the total issued and outstanding
     Common  Shares  of  the  Corporation  as  at  May  31,  2001.
</TABLE>


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.


                                                                              29
<PAGE>
Gary  Freeman  provides  his services as President to the Company on a full time
basis.  The  Company  has  no  other  full  or  part  time  employees  and hires
consultants  on  an  as  needed  basis.

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.  The Company terminated
the  above  agreement  in  August  2000.


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, 2000, 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.

<TABLE>
<CAPTION>
                                       SUMMARY COMPENSATION TABLE
                                       --------------------------

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

Gary R. Freeman,       Nov 30/00   $  60,000   Nil     $ 30,000        350,000  Nil           Nil      Nil
Director, President

Jerry G. Pogue         Nov 30/00   $  51,250   N/A     N/A             225,000  N/A           N/A      N/A
Director,              Nov 30/99   $  55,000   Nil     Nil       Nil            Nil           Nil      Nil
                       Nov.30/98   $  46,000   Nil     Nil       Nil            Nil           Nil      Nil
                       Nov.30/97   Nil         Nil     Nil             100,000  Nil           Nil      Nil
                       Nov.30/96   Nil

William R. Green,      Nov 30/00                       $  6,787        100,000
Director

Michael Bartlett,      Nov 30/00                                       100,000
Director

Shalon (Sam)           Nov 30/00   $   1,400                           100,000
Szajmans, Director

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


                                                                              30
<PAGE>
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
 Subsidiary (4)        Nov.30/97     116,668   Nil     Nil              25,000  Nil           Nil      Nil
                       Nov.30/96   Nil         Nil     Nil       Nil            Nil           Nil      Nil

David L. Seymour       Nov.30/978        309   Nil     Nil              95,000  Nil           Nil      Nil
Former Director        Nov.30/97   Nil         Nil     Nil       Nil            Nil           Nil      Nil
(2)(3)                 Nov.30/96   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.

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.

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


                                                                              31
<PAGE>
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.


ITEM  7.   MAJOR  SHAREHOLDERS  AND  RELATED  PARTY  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,
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


                                                                              32
<PAGE>
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.

ITEM  8.   FINANCIAL  INFORMATION

See  Item  17

ITEM  9.   THE  OFFER  AND  LISTING

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
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.


                                                                              33
<PAGE>
ITEM  10.   ADDITIONAL  INFORMATION

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 November 30, 2000 as
traded  on  the  Canadian  Venture  Exchange  was  $0.13.

OUTSTANDING  EMPLOYEE  AND  DIRECTOR  STOCK  OPTIONS  AS  AT  NOVEMBER  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>

SHARE  ISSUANCES

All  issuances  of  shares  for  the  past  three  years  are represented in the
Company's  financial  statements  incorporated  by  reference  herein.

ARTICLES,  MEMORANDUM  AND  BY-LAWS  OF  THE  CORPORATION

The  Memorandum  and  Articles of Incorporation, outlining all classes of shaes,
shareholder  rights,  alteration  of  rights,  privileges,  directors'  powers,
borrowing  powers  of  the  directors and their ability to bind the corporation,
sinking  fund provisions, meetings of shareholders and shareholder rights in the
event of liquidation of the Company's assets are attached as and Exhibit and are
incorporated  herein  by  reference.


                                                                              34
<PAGE>
There  are  currently  no  anti-takeover,  poision  pill  or  shareholder rights
protections  in  the  event  of  a  takeover  bid  in  place.

The  Company  currently does not pay dividends and has no plans to pay dividends
in  the  near  future.
Documents  incorpoorated herein by reference may be viewed at the offices of the
Company  between  the  hours  of  9:00  am  to  5:00  pm  Pacific Standard Time.

TAXATION

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.


                                                                              35
<PAGE>
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
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  11.   QUANTITATIVE  AND  QUALITATIVE  DISCLOSURES ABOUT MARKET RISK

Not  Applicable.

ITEM  12.   DESCRIPTION  OF  SECURITIES  OTHER  THAN  EQUITY  SECURITIES

Not  Applicable

                                     PART 11

ITEM  13.   DEFAULTS,  DIVIDEND  ARREARS  AND  DELINQUENCIES

Not  Applicable

ITEM  14.   MATERIAL  MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND
            USE  OF  PROCEEDS

Not  Applicable

ITEM  17.   FINANCIAL  STATEMENTS

The  following  financial  statements are attached and incorporated herein:


                                                                              36
<PAGE>
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, 2000 and
1999


ITEM  18.   FINANCIAL  STATEMENTS

See  Item  17


ITEM  19.   EXHIBITS

FINANCIAL  STATEMENTS  AND  EXHIBITS

EXHIBIT  NUMBER
---------------

                                                                            PAGE
                                                                            ----

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.                                                          *

4.1     Mining Lease and Option Agreement between St. George Metals, Inc. and
        Triband Resource US Inc. dated June 29,1998                            *

4.2     Mining Lease Agreement between Brancote U.S. Inc., and Triband
        Resource US Inc. dated April 21, 1998.                                 *

4.3     Letter of Engagement dated February 18, 1997 between the Corporation
        and Timothy J. Percival.                                               *

4.4     Property Agreement dated February 9, 1996 between the Corporation and
        512026 B.C. Ltd.                                                       *

4.5     License Agreement dated November 28, 1997 between the Corporation and
        The Minister of Industries, Socialist Republic of Vietnam, Licenses No.
        2203/QD-DCKS.                                                          *

4.6     License Agreement dated November 28, 1997 between the Corporation and
        The Minister of Industries, Socialist Republic of Vietnam, Licenses
        No. 2204/QD-DCKS.                                                      *

4.7     License Agreement dated November 28, 1997 between the Corporation and
        The  Minister  of  Industries,  Socialist  Republic  of  Vietnam,
        Licenses  No. 2208/QD-DCKS.                                            *


*     The  exhibits  included  in the Registrant's original Form 20-F are hereby
incorporated  by  reference.


                                                                              37
<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 registration statement to be signed on
its  behalf  by  the  undersigned,  thereunto  duly  authorized.

TRIBAND  RESOURCE  CORPORATION



By: ____________________________
Gary  R.  Freeman,
President


Date: __________________________


                                                                              38
<PAGE>




                          TRIBAND RESOURCE CORPORATION
                         (AN EXPLORATION STAGE COMPANY)

                        CONSOLIDATED FINANCIAL STATEMENTS
                         (EXPRESSED IN CANADIAN DOLLARS)


                                NOVEMBER 30, 2000




<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, 2000 and 1999 and the consolidated statements of operations,
changes  in shareholders' equity and cash flows for the years ended November 30,
2000,  1999  and  1998,  as  well  as  the  cumulative  amounts from the date of
incorporation  on  October  7,  1994  to  November  30,  2000.  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 and United States 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, 2000
and  1999 and the results of its operations, changes in shareholders' equity and
cash  flows for the years ended November 30, 2000, 1999 and 1998, as well as the
cumulative amounts from the date of incorporation on October 7, 1994 to November
30,  2000  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

March  30,  2001

                          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

============================================================================================
                                                                     2000          1999
--------------------------------------------------------------------------------------------
<S>                                                              <C>           <C>

ASSETS

CURRENT
  Cash and cash equivalents                                      $   128,622   $    18,332
  Marketable securities (Note 6)                                           -       387,324
  Receivables                                                          9,986         1,314
  Due from affiliated companies                                            -        29,327
  Prepaid expenses                                                    21,950        31,692
                                                                 ------------  ------------

                                                                     160,558       467,989
CAPITAL ASSETS (Note 3)                                               11,483         1,199
MINERAL PROPERTIES (Note 4)                                          413,538       913,287
DEFERRED EXPLORATION COSTS (Note 5)                                  783,717     1,128,822
INVESTMENTS (Note 6)                                                  27,565       146,450
                                                                 ------------  ------------

                                                                 $ 1,396,861   $ 2,657,747
===========================================================================================

LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT
  Accounts payable and accrued liabilities                       $    38,810   $    22,346
  Due to affiliated company (Note 8)                                   5,562             -
                                                                 ------------  ------------

                                                                      44,372        22,346
                                                                 ------------  ------------

SHAREHOLDERS' EQUITY
  Capital stock (Note 7)
   Authorized
     Unlimited number of common shares without par value
     Unlimited number of preferred shares issuable in series
   Issued
     13,886,457 common shares (1999 - 12,893,007 common shares)    4,230,059     4,053,698
  Deficit accumulated during the exploration stage                (2,877,570)   (1,418,297)
                                                                 ------------  ------------

                                                                   1,352,489     2,635,401
                                                                 ------------  ------------

                                                                 $ 1,396,861   $ 2,657,747
===========================================================================================
</TABLE>

NATURE  AND  CONTINUANCE  OF  OPERATIONS  (Note  1)

CONTINGENCY  (Note  11)

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,   ------------------------------------
                                                           2000       2000         1999        1998
------------------------------------------------------------------------------------------------------
<S>                                               <C>             <C>           <C>         <C>


GENERAL AND ADMINISTRATIVE EXPENSES
  Amortization                                    $      13,183   $     4,376   $     212   $   2,247
  Consulting fees                                       195,507        87,790      29,520      78,197
  Listing and transfer agent fees                        96,090        11,593      44,419       9,133
  Office                                                154,521        40,400      48,098      38,047
  Professional fees                                      88,938        14,495       8,720      23,390
  Property investigation                                176,563           196      50,062      76,246
  Rent                                                   77,458        13,049      19,084      44,125
  Salaries and benefits                                  80,308             -       5,085      75,223
  Shareholder communications                            362,980        74,107     128,356     101,538
  Travel                                                 61,718        34,151         148         583
                                                  --------------  ------------  ----------  ----------

                                                     (1,307,266)     (280,157)   (333,704)   (448,729)

INTEREST INCOME                                         194,209         7,424      11,818      90,122

GAIN (LOSS) ON FOREIGN EXCHANGE                         162,243        (3,154)    (12,056)    129,805

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

WRITE-OFF OF MINERAL PROPERTIES (Note 4)               (665,226)     (632,326)    (32,900)          -

WRITE-OFF OF DEFERRED EXPLORATION COSTS (Note 5)       (765,686)     (433,928)   (154,282)          -

GAIN ON SALE OF MARKETABLE SECURITIES (Note 6)          100,703       100,703           -           -

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

WRITE-DOWN OF INVESTMENT (Note 6)                      (146,449)     (146,449)          -           -

INVESTMENT INCOME (Note 6)                               27,564        27,564           -           -

WRITE-OFF OF ACQUISITION COSTS (Note 6)                 (98,950)      (98,950)          -           -
                                                  --------------  ------------  ----------  ----------

LOSS FOR THE PERIOD                               $  (2,877,570)  $(1,459,273)  $(899,836)  $(228,802)
======================================================================================================

LOSS PER SHARE (Note 2)                                           $     (0.11)  $   (0.07)  $   (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,   --------------------------------------
                                                                   2000       2000         1999        1998
                                                         --------------  ------------  ----------  ------------
<S>                                                      <C>             <C>           <C>         <C>

CASH FLOWS FROM OPERATING ACTIVITIES
 Loss for the period                                     $  (2,877,570)  $(1,459,273)  $(899,836)  $  (228,802)
 Items not affecting cash
   Amortization                                                 13,183         4,376         212         2,247
   Loss on disposal of capital assets                            4,186             -       4,186             -
   Write-off of mineral properties                             665,226       632,326      32,900             -
   Write-off of deferred exploration costs                     765,686       433,928     154,282             -
   Write-down of marketable securities                         374,526             -     374,526             -
   Gain on sale of marketable securities                      (100,703)     (100,703)          -             -
   Write-off of acquisition costs                               98,950        98,950           -             -
   Write-down of investment                                    146,449       146,449           -             -
   Investment income                                           (27,564)      (27,564)          -             -

Changes in non-cash working capital items
   (Increase) decrease in receivables                           (9,986)       (8,672)      3,559        66,899
   (Increase) decrease in prepaid expenses                     (21,950)        9,742     (25,589)       (2,216)
   (Increase) decrease in due from affiliated companies              -        29,327     (29,327)            -
   Increase (decrease) in accounts payable and
       accrued liabilities                                      38,810        16,464      10,989        (3,519)
   Increase (decrease) in due to affiliated company              5,562         5,562     (69,548)       69,548
                                                         --------------  ------------  ----------  ------------

Net cash used in operating activities                         (925,195)     (219,088)   (443,646)      (95,843)
                                                         --------------  ------------  ----------  ------------


CASH FLOWS FROM INVESTING ACTIVITIES
  Proceeds on sale of marketable securities                    488,027       488,027           -             -
  Capital assets acquired                                      (37,232)      (14,660)     (1,411)            -
  Proceeds on disposal of capital assets                         6,183             -       6,183             -
  Mineral properties                                          (478,764)     (132,577)    (97,106)     (166,902)
  Deferred exploration costs                                (1,547,206)      (88,823)   (224,791)     (454,547)
  Investments                                               (1,007,250)      (98,950)   (146,450)     (761,850)
                                                         --------------  ------------  ----------  ------------

  Net cash provided by (used in) investing activities       (2,576,242)      153,017    (463,575)   (1,383,299)
                                                         --------------  ------------  ----------  ------------
</TABLE>

                                         - continued -

    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,   -------------------------------------
                                                                   2000       2000         1999        1998
-------------------------------------------------------  --------------  ------------  ----------  ------------
<S>                                                      <C>             <C>           <C>         <C>

Continued . . .

CASH FLOWS FROM FINANCING ACTIVITIES
  Issuance of capital stock, net of issuance costs           3,630,059       176,361      84,250        20,000
                                                         --------------  ------------  ----------  ------------

  Net cash provided by financing activities                  3,630,059       176,361      84,250        20,000
                                                         --------------  ------------  ----------  ------------


CHANGE IN CASH AND CASH EQUIVALENTS DURING THE PERIOD          128,622       110,290    (822,971)   (1,459,142)


CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                       -        18,332     841,303     2,300,445
                                                         --------------  ------------  ----------  ------------


CASH AND CASH EQUIVALENTS, END OF PERIOD                 $     128,622   $   128,622   $  18,332   $   841,303
===============================================================================================================
</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 CHANGES IN SHAREHOLDERS' EQUITY
(Expressed  in  Canadian  Dollars)

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

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

  Issuance of shares for cash
    Exercise of options                  125,000    0.15       18,750             -        18,750
    Exercise of options                  565,950    0.17       96,211             -        96,211
    Exercise of options                  192,500    0.20       38,500             -        38,500
    Exercise of options                   15,000    0.45        6,750             -         6,750
    Exercise of warrants                  95,000    0.17       16,150             -        16,150
  Loss for the year                            -                    -    (1,459,273)   (1,459,273)
                                      ----------          -----------  -------------  ------------

BALANCE AT NOVEMBER 30, 2000          13,886,457          $ 4,230,059  $ (2,877,570)  $ 1,352,489
==================================================================================================
</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,  2000

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


1.   NATURE  AND  CONTINUANCE  OF  OPERATIONS

     The  Company's  principal  business  activity  is  the  exploration  and
     development  of  mineral  properties.

     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.

     During  the  current year, 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
     (Note  6).  The  Company  was unable to complete its change of business and
     decided  to  maintain  its  principal  activity  in  the  exploration  and
     development  of  mineral  properties.


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 and
     the  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.

     FINANCIAL  INSTRUMENTS

     The  Company's  financial instruments consist of cash and cash equivalents,
     receivables,  accounts  payable  and  amounts due to an affiliated company.
     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,  2000

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


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  are  recorded  at  cost and are being amortized over their
     estimated  useful  lives using the declining balance method at rates of 20%
     and  30%  per  annum.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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


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, 2000, 1999
     and  1998,  the  weighted  average  number  of  shares  outstanding  were
     13,376,780,  12,445,244  and  12,217,840,  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.

     STOCK-BASED  COMPENSATION

     The  Company  grants stock options as described in Note 7.  No compensation
     expense  is  recognized  when  stock  options  are  granted.

     INCOME  TAXES

     Future  income taxes are recorded for using the asset and liability method.
     Under the asset and liability method, future tax assets and liabilities are
     recognized  for  the  future  tax  consequences attributable to differences
     between  the  financial  statement  carrying amounts of existing assets and
     liabilities  and  their  respective  tax  bases.  Future  tax  assets  and
     liabilities  are  measured using enacted or substantively enacted tax rates
     expected  to apply when the asset is realized or the liability settled. The
     effect  on  future  tax  assets and liabilities of a change in tax rates is
     recognized  in income in the period that substantive enactment or enactment
     occurs.  To  the  extent  that  the Company does not consider it to be more
     likely  than  not  that a future tax asset will be recovered, it provides a
     valuation  allowance  against  the  excess.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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


3.   CAPITAL  ASSETS

<TABLE>
<CAPTION>
=======================================================================
                                                       Net  Book  Value
                                          Accumulated  ----------------
                                 Cost    Amortization    2000     1999
                                -------  -------------  -------  ------
<S>                             <C>      <C>            <C>      <C>

Office furniture and equipment  $ 6,020  $       1,573  $ 4,447  $1,199
Computer equipment               10,051          3,015    7,036       -
                                -------  -------------  -------  ------

                                $16,071  $       4,588  $11,483  $1,199
=======================================================================
</TABLE>

4.   MINERAL  PROPERTIES

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

<TABLE>
<CAPTION>
===================================================================================================
                                                                                   2000      1999
---------------------------------------------------------------------------------------------------
<S>                                                                              <C>       <C>

STANDARD CREEK PROPERTY, BRITISH COLUMBIA
     A  100% interest by issuing 3,000,000 common shares valued at $600,000 (the
     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. During the current year, the property was abandoned and all
     related
     costs were written-off to operations.                                       $      -  $632,326

STAKED CLAIMS, NEVADA, U.S.A.
     A 100% interest in certain claims by staking and by entering into an option
     agreement.                                                                   413,538   280,961
                                                                                 --------  --------

                                                                                 $413,538  $913,287
===================================================================================================
</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  claims.

     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,  upon  exercise of the
               option;

          ii)  Make advance net smelter returns royalty payments of US$25,000 on
               July  8,  2001  and  on  July 8 of each of the following eighteen
               years;

          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


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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


4.   MINERAL  PROPERTIES  (cont'd  )

     FUTURE  MINERAL  PROPERTY  PAYMENTS  (cont'd  )

          iv)  Make  advance net smelter returns royalty payments of US$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


     During  the  year  ended  November 30, 2000 deferred exploration costs were
     incurred  as  follows:

<TABLE>
<CAPTION>
=========================================================================
                                        British
                                        Columbia    Nevada       Total
-------------------------------------------------------------------------
<S>                                    <C>         <C>        <C>

Balance, beginning of year             $ 422,682   $706,140   $1,128,822
                                       ----------  ---------  -----------

Assaying and sample preparation                -     11,908       11,908
Field expenditures                             -      4,380        4,380
Geological consulting                          -     61,193       61,193
Report preparation and mapping                 -         22           22
Travel                                         -     11,320       11,320
                                       ----------  ---------  -----------

Expenditures incurred during the year          -     88,823       88,823

Written-off during the year             (422,682)   (11,246)    (433,928)
                                       ----------  ---------  -----------

                                        (422,682)    77,577     (345,105)
                                       ----------  ---------  -----------

Balance, end of year                   $       -   $783,717   $  783,717
=========================================================================
</TABLE>


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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


5.   DEFERRED  EXPLORATION  COSTS  (cont'd  )

     During  the  year  ended  November 30, 1999 deferred exploration costs were
     incurred  as  follows:

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

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

Assaying and sample preparation                -    17,064          -       17,064
Field expenditures                             -     4,702        126        4,828
Field labour costs                             -    22,864          -       22,864
Geological consulting                          -   152,694          -      152,694
Report preparation and mapping                 -    11,554          -       11,554
Travel                                         -    15,760         27       15,787
                                       ---------  --------  ----------  -----------

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

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

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

6.   INVESTMENTS

     INDICO  TECHNOLOGIES  CORPORATION

     In  September  1998,  the  Company  acquired  704,225  units  in  Indico
     Technologies  Corporation  ("Indico"),  a  publicly  listed  company,  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 ended November 30, 1999, the Company reclassified
     this  investment to marketable securities in current assets, and wrote down
     the  shares  by  $374,526  to  their  market  value of $387,324. During the
     current year, the shares were sold for proceeds of $488,027, resulting in a
     net  gain  on  sale  of  $100,703.

     PURESOURSE,  INC.

     During  the  year  ended  November  30,  1999, the Company acquired 240,000
     common  shares  of  Puresource,  Inc.  ("Puresource"),  a  private  company
     incorporated  in  the  State of Washington, United States for $146,450. The
     investment  is  accounted  for  using  the  cost  basis.

     Effective  August  19, 1999, Puresource sold all of its assets to Clearant,
     Inc.  ("Clearant"),  a  private  company  incorporated  in  the  State  of
     California,  USA.  As consideration, Puresource was issued 3,000,000 shares
     of  Clearant  with  a  fair  value  of  $2,837,650  (US$1,900,000) or $0.95
     (US$0.63)  per  share  determined  by  an  independent valuation at date of
     closing  and  promissory  notes  convertible  into  common  shares  at  the
     discretion  of  Clearant  totalling  $1,642,850  (US$1,100,000).


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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


6.   INVESTMENTS  (cont'd  )

     PURESOURSE,  INC.  (cont'd  )

     Upon  completion  of  the  sale, the shareholders of Puresource resolved to
     wind  up  the  corporation. During the current year, the Company received a
     distribution  of  assets  from  Puresource  consisting  of  29,015 Clearant
     shares.  The  distribution  of  assets by Puresource to its shareholders is
     considered  a  non-monetary non-reciprocal transfer and is accounted for on
     the  basis of the recorded value of the resources transferred. As such, the
     29,015 Clearant shares are recorded by the Company at $0.95 per share for a
     total  value  of  $27,564.  If,  as and when Puresource distributes further
     assets  to  its owners prior to dissolution, the transfer will be accounted
     for  on  the  same  basis

     Concurrently,  the investment in shares of Puresource has been written down
     by $146,449 to a nominal value of $1. The balance of the investment will be
     written-off  in  the financial statements at the date of formal wind up and
     dissolution  of  the  corporation.

     EFINANCIAL  TRAINING.COM  INC.

     During  the  current year, 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 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 performance escrow common shares of
     the  Company.

     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.  The  Company  subsequently  determined  not to proceed with the
     acquisition  of  eFinancial  and  the  private  placement  due  to  certain
     difficulties.  Consequently,  all  costs  relating  to  this  acquisition,
     totalling  $98,950,  were  written-off  to  operations.


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, 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           -
                                                           ----------  ----------
</TABLE>

                                  - continued -


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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

7.   CAPITAL  STOCK (cont'd)

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

Continued ...

  As at November 30, 1999                                  12,893,007   4,053,698
    For cash - exercise of options                            898,450     160,211
    For cash - exercise of warrants                            95,000      16,150
                                                           ----------  ----------

  As at November 30, 2000                                  13,886,457  $4,230,059
=================================================================================
</TABLE>

     STOCK  OPTIONS

     The  Company,  in  accordance  with  the  policies  of the Canadian Venture
     Exchange,  is  authorized  to  grant  options  to  directors, employees and
     consultants,  to  acquire up to 10% of issued and outstanding common stock.
     The  exercise  price  of each option equals the average market price of the
     Company's  stock as calculated over the ten trading days preceding the date
     of  grant.  The  options  can  be  granted  for  a maximum term of 5 years.

     The  following  incentive  stock  options  and share purchase warrants were
     outstanding  at  November  30,  2000:

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

OPTIONS:
             100,000  $    0.15  September 11, 2001
              25,000       0.15  May 8, 2002
              25,000       0.24  June 10, 2003
              35,000       0.45  June 10, 2003
             125,000       0.15  June 10, 2003
             200,000       0.24  February 10, 2005
             200,000       0.31  February 10, 2005
             515,000       0.52  April 5, 2005

WARRANTS:
             440,000      0.179  September 29, 2001
===================================================
</TABLE>

8.   RELATED  PARTY  TRANSACTIONS

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

     a)   The  Company  paid  $6,787  (1999  -  $123,954;  1998  -  $218,563) to
          directors or companies controlled by directors for geological services
          which  have  been  capitalized  to  mineral  properties or expensed as
          property  investigation  costs.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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

8.   RELATED  PARTY  TRANSACTIONS  (cont'd  )

     b)   The  Company  paid  $101,250  (1999  -  $55,000;  1998  -  $26,000) in
          consulting  fees  and  shareholder  communications to directors of the
          Company.

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

9.   INCOME  TAXES

     The  tax  effects  of  temporary  differences that give rise to significant
     components  of  future  income  tax  assets and liabilities are as follows:

<TABLE>
<CAPTION>
==============================================================
                                          2000         1999
--------------------------------------------------------------
<S>                                   <C>           <C>

Future income tax:
 Capital assets                       $     9,100   $   7,000
 Mineral properties                       492,000      15,000
 Deferred exploration costs               348,000     150,300
 Issuance costs                            21,000      41,000
 Losses available for future periods      507,800     384,000
                                      ------------  ----------

                                        1,377,900     597,300
Valuation allowance                    (1,377,900)   (597,300)
                                      ------------  ----------

                                      $         -   $       -
==============================================================
</TABLE>

     Subject  to  certain  restrictions,  the  Company  has  operating losses of
     approximately  $1,048,000  available  to  reduce Canadian taxable income of
     future  years.  Unless  utilized, these losses will expire through 2007. In
     addition,  the  Company  has  exploration  expenditures  of  approximately
     $2,700,000  available  to  reduce  Canadian taxable income of future years.

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.

     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.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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


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

     STOCK  BASED  COMPENSATION  (cont'd  )

     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,
     2000,  compensation  expense  totalling  $704,826  has  been  incurred.  In
     determining  the fair value of these incentive stock options, the following
     assumptions  were  used:

<TABLE>
<CAPTION>
=====================================================
                           2000      1999      1998
-----------------------------------------------------
<S>                      <C>       <C>       <C>

Risk free interest rate     6.16%     5.50%     5.94%
Expected life            5 years   5 years   5 years
Expected volatility          161%      147%       87%
Expected dividends             -         -         -
=====================================================
</TABLE>

     The  following  is  a summary of the status of stock options outstanding at
     November  30,  2000:

<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    250,000                   2.59  $    0.15  250,000  $    0.15
0.24 - 0.31  425,000              4.07       0.27  425,000       0.27
0.45 - 0.52  550,000              4.22       0.52  550,000       0.52
======================================================================
</TABLE>

     Following  is  a  summary of the stock based compensation plan during 2000,
     1999  and  1998:

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

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
                                                                    ---------
</TABLE>

                                  - continued -


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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

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

     STOCK  BASED  COMPENSATION  (cont'd  )

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



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
                                                                   ---------

Outstanding and exercisable at December 1, 1999              1,208,450   $    0.19
  Granted                                                      915,000        0.41
  Exercised                                                   (898,450)       0.17
  Forfeited                                                          -           -
                                                            -----------

Outstanding and exercisable at November 30, 2000             1,225,000   $    0.36
                                                            -----------  ---------

Weighted average fair value of options granted during 2000         $   0.36
==================================================================================
</TABLE>

     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.

     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.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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


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

     MINERAL  PROPERTIES  (cont'd  )

     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.

     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 year ended November 30, 1999, 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,  was  included  in  earnings.

     COMPREHENSIVE  INCOME

     SFAS No. 130, "Reporting Comprehensive Income", addresses standards for the
     reporting  and  display  of  comprehensive  income  and  its  components.

     Comprehensive  income  includes  net income and other comprehensive income.
     Other  comprehensive income represents revenues, expenses, gains and losses
     that  are  excluded  from  net  income  under generally accepted accounting
     principles.

     For  the  years ended November 30, 2000, 1999 and 1998, there were no other
     items  of  comprehensive  income.

     RECENT  ACCOUNTING  PRONOUNCEMENTS

     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. In June 1999, the FASB issued SFAS 137 to defer the
     effective  date  of  SFAS  133 to fiscal quarters of fiscal years beginning
     after  June  15, 1999. In June 2000, the FASB issued Statement of Financial
     Accounting  Standard  No. 138 which is a significant amendment to SFAS 133.
     The  Company  does  not  anticipate that the adoption of the statement will
     have  a  significant  impact  on  its  financial  statements.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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


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

     RECENT  ACCOUNTING  PRONOUNCEMENTS  (cont'd  )

     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. In June 1999, the FASB issued SFAS 137 to defer the
     effective  date  of  SFAS  133 to fiscal quarters of fiscal years beginning
     after  June  15, 1999. In June 2000, the FASB issued Statement of Financial
     Accounting  Standard  No. 138 which is a significant amendment to SFAS 133.
     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 adoption of this statement has had no significant effect on
     the  Company's  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. AcG-11 provides for new,
     detailed  criteria  to apply in the review for impairment of capital assets
     of  extractive  operations. The impact of AcG-11 will result in a change in
     the  Company's  accounting  policy  relating to exploration and development
     costs  of  mineral  properties. The Company will expense post AcG-11 mining
     exploration  costs  as incurred and expense previously capitalized balances
     as  a  cumulative  effect  of  a change in accounting policy for its fiscal
     period  beginning  December  1,  2000.

     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,   --------------------------------------
                                                                   2000       2000          1999         1998
-----------------------------------------------------------------------------------------------------------------
<S>                                                       <C>             <C>           <C>           <C>

Loss for the period as reported                           $  (2,877,570)  $(1,459,273)  $  (899,836)  $(228,802)

Less: Compensation expense on granting of stock options        (704,826)     (476,404)     (120,471)    (40,742)
      Acquisition of mineral properties                      (1,078,764)     (132,577)      (97,106)   (166,902)
      Deferred exploration costs                             (1,549,403)      (88,823)     (224,791)   (456,744)

Add:  Write-off of mineral properties and deferred costs
      under Canadian generally accepted accounting
      principles                                              1,430,912     1,066,254       187,182           -
                                                          --------------  ------------  ------------  ----------

Loss for the period in accordance with United States
      generally accepted accounting principles            $  (4,779,651)  $(1,090,823)  $(1,155,022)  $(893,190)
================================================================================================================
</TABLE>


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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


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>
=================================================================================================
                                                             2000          1999          1998
-------------------------------------------------------------------------------------------------
<S>                                                      <C>           <C>           <C>

Deficit, as reported                                     $(2,877,570)  $(1,418,297)  $  (518,461)
                                                         ------------  ------------  ------------

Cumulative compensation expense                             (704,826)     (228,422)     (107,951)
Mineral property acquisition costs expensed under
  United States generally accepted accounting principles    (413,538)     (913,287)     (849,081)
Deferred exploration costs expensed under United States
  generally accepted accounting principles                  (783,717)   (1,128,822)   (1,058,313)
                                                         ------------  ------------  ------------

                                                          (1,902,081)   (2,270,531)   (2,015,345)
                                                         ------------  ------------  ------------

Deficit in accordance with United States generally
  accepted accounting principles                         $(4,779,651)  $(3,688,828)  $(2,533,806)
=================================================================================================
</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
                                              Capital  Stock      Unrealized    Accumulated
                                         ----------------------      Holding    During  the
                                           Number                    Loss on    Exploration
                                         of Shares     Amount     Investment          Stage         Total
----------------------------------------------------------------------------------------------------------
<S>                                      <C>         <C>         <C>           <C>            <C>

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
                                         =================================================================
</TABLE>


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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


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

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

Continued . . .

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

Shareholders' equity as reported
  November 30, 2000                       13,886,457  $4,230,059  $         -  $ (2,877,570)  $ 1,352,489

Mineral property acquisition costs
  expensed under United States
  generally accepted accounting
  principles                                       -           -            -      (413,538)     (413,538)

Deferred exploration costs expensed
  under United States generally accepted
  accounting principles                            -           -            -      (783,717)     (783,717)

Compensation expense on granting of
  stock options                                    -     704,826            -      (704,826)            -
                                          ----------  ----------  -----------  -------------  ------------

Shareholders' equity in accordance with
  United States generally accepted
  accounting principles at
  November 30, 2000                       13,886,457  $4,934,885  $         -  $ (4,779,651)  $   155,234
==========================================================================================================
</TABLE>


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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


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

     EARNINGS  PER  SHARE  (EPS)


     SFAS  No.  128  "Earnings Per Share", is effective for financial statements
     issued  for periods ending after December 15, 1997. SFAS No. 128 simplifies
     the  computation  of  earnings  per  share by replacing the presentation of
     primary earnings per share with a presentation of basic earnings per share,
     as  defined.  The statement requires dual presentation of basic and diluted
     earnings  per  share  by  entities  with  complex capital structures. Basic
     earnings  per share includes no dilution and is computed by dividing income
     available  to  common stockholders by the weighted average number of shares
     outstanding  for  the  period.  Diluted  earnings  per  share  reflect  the
     potential  dilution  of  securities  that could share in the earnings of an
     entity  similar  to  fully  diluted  earnings  per  share.


     The  following loss per share information results under United States GAAP:

<TABLE>
<CAPTION>
========================================================================================
                                                    2000          1999          1998
----------------------------------------------------------------------------------------
<S>                                             <C>           <C>           <C>

Net loss for the year under United States GAAP  $(1,090,823)  $(1,155,022)  $  (893,190)
========================================================================================

Weighted average number of shares outstanding
  under United States GAAP                       13,376,780    12,445,244    12,217,840
========================================================================================

Basic loss per share                            $     (0.08)  $     (0.09)  $     (0.07)
========================================================================================
</TABLE>

     Diluted  EPS  has  not  been disclosed as the effect of the exercise of the
     Company's  outstanding  options  and  warrants  would  be  anti-dilutive.


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.


<PAGE>
TRIBAND  RESOURCE  CORPORATION
(An  Exploration  Stage  Company)
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  Canadian  Dollars)
NOVEMBER  30,  2000

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

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,   ------------------------------------------
                                          2000       2000           1999           1998
-------------------------------------------------------------------------------------------
<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:

<TABLE>
<CAPTION>
=====================================================================================
                              Number
Year                      of Shares       Amount      Consideration
-------------------------------------------------------------------------------------
<S>                       <C>            <C>          <C>
1999                         53,500      $      -     Finder's fee
1996                      3,000,000       600,000     Acquisition of mineral property
=====================================================================================
</TABLE>


<PAGE>