Updated July 27, 2004

Current Programs

Two drill programs on the Company’s Clone and Konkin Silver propeties are the highlights of the 2004 field season.

Minvita’s prospectors will also continue to investigate new zones uncovered by retreating snow and icefields, within both established and newly staked properties. The object of these programs is to locate drill targets for which the Company will seek option partners during 2004-2005.

Drilling program scheduled for late August, or September. Owned 50-50 with Teuton Resources Corp. Option partner—Lateegra Explorations (“LEG”). Target: Follow-up of high-grade gold bearing interesection obtained in new area in the south of the Main zone.

Drilling program scheduled for September. Minvita-Teuton project. Target: Two zones carrying high-grade silver mineralization over widths to 9 metres. Additional zones discovered during prospecting may also be drilled. Potential for VMS-type deposit.