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Mineral Property Interests

6 Months Ended

Dec. 31, 2014

NOTE 4 – MINERAL PROPERTY INTERESTS

On December 11, 2013, the Company acquired a 70% interest in three gold exploration claims in China’s Xinjiang Province.

The Company issued 6-million shares for the following claims:

	a)	Gold Mine Reconnaissance in the West of Daqing Gerry River, Qinghe County, comprising of 7.91 sq km, the claims are valid until March 27, 2014. The agreement for such claims expired on March 27, 2014 and the Company is currently renegotiating a renewed agreement.

	b)	Gold Mine Detailed Survey in the Northwest of Sensha Water Mountain, Heshuo, comprising of 15.8 sq km, the claims are valid until July 3, 2015.

	c)	Keler Nebrack Gold Mine Detailed Survey in Habar County, comprising of 10.28 sq km, the claims are valid until February 20, 2015.

Subsequently, after the date of this quarterly report, as of January 19, 2015, the Company cancelled the above acquisitions and returns all rights of the three gold exploration claims to Yinfu Gold Corporation. The cancellation was by mutual consent between the companies and no penalties have been exacted. The six million shares issued to Yinfu Gold Corporation via its subsidiary Element Resources International Ltd., for the interest in the three claims will be returned for cancellation.