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Agreements

Armourglass Ltd

10/3/03

Has entered into a memorandum agreement to purchase the shares of Chongqing Yuao Building Materials Co Ltd located in Chongqing in the People's Republic of China  from BelTrading International Corp, a company registered in the British Virgin Islands. The transaction will be by way of a share swap between parties.

Giralia Resources NL

17/3/03

Drilling will recommence in late March 03 at the Snake Well project. MIM has now notified Giralia of its election to proceed beyond the option period and enter a joint venture at Snake Well, under which MIM has the right, but not the obligation, to earn a 60% interest through expenditure of $3 million over the next 5 years.

Heron Resources Ltd

13/3/03

Has entered into a Letter Agreement with LionOre Australia (Nickel) Ltd whereby LionOre may earn a 70% interest in all minerals from Heron's Maggie Hays Project through expending $200,000 within four years.

Striker Resources NL

13/3/03

Striker , AngloGold Australia Ltd and De Beers Australia Exploration Ltd have entered into a joint venture agreement covering 17,000 square kilometres in the east Kimberley region. AngloGold, as manager, will carry out exploration for gold with an initial commitment of A$500,000 and has the right to earn 51% in all of the tenements subject to the agreemet, via a series of joint venture agreements, for a total combined expenditure of A$7,750,000. The signing of this agreement signifies settlement of the legal dispute between Striker, AngloGold and De Beers.

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