Ty/Oro ,British Columbia

Previous drilling completed on the TY Gold Property on the Beta zone encountered values up to 5 feet of 5.86 oz/ton silver and 1.129 oz ton gold. Additional drilling has been recommended by Sampson Engineering Inc. to further explore the Beta zone.

The TY Gold Property was acquired for $30,000 (payable over three years) and 150,000 shares of Linux Gold Corp. The property is subject to a 2% net smelter interest (NSR). The company has an option to purchase each 1% NSR for $1,000,000 prior to production.

ORO Property
Linux has a 100% interest in 20 mineral claim units called the ORO property in the Bralorne/Lillooet mining division, British Columbia. The ORO property is located 12 miles from the Bralorne Pioneer Gold Mine, which was one of the richest producing gold mines in Western Canada. Several EM-VLF conductive zones have been located on the ORO property. The magnetic survey shows the entire property is underlain with sediments and volcanics, which are important geologic structures for the placement of gold bearing quartz veins.

The ORO property was acquired for $10,000 and 100,000 shares of the company and is subject to a 2% net smelter return. Linux Gold has the option to purchase back each 1% NSR return for $1,000,000 prior to production.