Phone (507) 264-4705 Fax (507) 264-4680

___BOARD

___President____________Edgard Btesh O.B.E. ___Planning, Legal, Finance

___Director_____________Jack N. Btesh__________Consultant

___Secretary____________Gail Btesh_____________MGR of support activities

___Treasurer ___________Salomon E. Btesh______MGR of Gardo Btesh S.A.

___CONSULTAN

1. 100% interest in Valle Grande S.A. own of 55 hectares of land in Quebrada Grande.
2. 100% interest in Interwelland S.A. own of 109 hectares of land in Cindy zone.
3. 51% interest in Rancho Vallejo S.A. own of 650 hectares in Capira (see maps concession 91-16).
4. 100% interest in Capira Dorada S.A. undivided interest. Open pit of minable resources, orebody with a exceptionally high grades Gold Silver Deposit.
5. Maintain fields office and exploration office in Panama city.

• HISTORY
• Capira Dorada was formed in 1991.
• In 1992, Capira Dorada S.A. won the Government Contract to explore Concession (91-16) Capira and (91-17) in Cacao.
• In 1994 made an agreement with KENNECCOTT, and terminated in October of that year.
• In 1993 Minova explored Cerro Cermeno with a geoquimical sampling.
• In 1996 Barclays Metal Group became our advisor and made a geological evaluation and due diligence the company and the properties.
• Several Major Mining Companies entered the bid to become the strategic partner with Capira Dorada S.A.
• In 1997 Pegasus Gold explored for 6 months and terminated after investing $800,000