Purchase Option Agreement w/ Gateway Gold (aka Victoria Gold Corp), SEDAR documents.

Report excerpts:

"The property consists of 53 unpatented lode mineral claims that comprise an area of 920 acres (372 hectares) situated near the northeast end of the Jerritt Canyon Trend, one of four trends in northern Nevada known for disseminated sediment-hosted mineralization of the “Carlin Type”, and for more recently recognized high grade epithermal feeder systems."

"The geophisical data suggests that intrusive relationships are much more complex than previously envisioned. The main part of the quartz monzonite plug is generally expressed as a magnetic low, with the endoskarn-exoskarn/hornfels contact zone being expressed as a magnetic high grading into sedimentary country rocks with lower magnetic susceptibilities. Induced polarization resistivity and chargeability anomalies also tend to be associated with this same zone. A strong gold anomaly in surface outcrops has been the focus of intensive exploration. It is above an isolated, albeit deeper magnetic high that likely represents the contact metamorphic aureole around an apophysis off the main intrusive body. This could be a cupola situation, with strong exploration implications for bulk mineralization at attainable depths."

The East Canyon property had been optioned to Strategic Mining Corp., but the property was returned to ARNEVUT control on December 21, 2010. A NI 43-101 compliant report by a QP (Harald Hoegberg of Denver, CO) under contract to ARNEVUT is in progress on the property. East Canyon is prospective for gold and copper within the current claims area. This property is available for option or purchase by serious investors and exploration companies.

The property is 9 miles northeast of Grants, New Mexico. The Zia Uranium Property contains uranium mineralization hosted by the Todilto Limestone and probable uranium mineralization hosted by sandstones of the Morrison Formation, all of the Jurassic age. These claims are wholly owned by ARNEVUT.