Future Power Location Sites

GPA is planning to construct a 35 Megawatt plant that can produce up to 35,000,000 watts of electrical energy per hour, for 24 hours a day 7 days a week. Of this amount, 5% is lost with time spent on maintenance of our generating equipment. The life expectancy of generators is about 30 years. This plant will be located on our 165 acre site in Northern Nevada. We have named this plant the Cinnibar Creek Plant. One nearby power plant is already producing power from geothermal sources in this area. Their electricity is sold to Nevada Power, under a 20 year Power Purchase Agreement. The power companies are in great need additional suppliers of electric power, due to the growing markets. The present consumption of electric power in the U.S. is 252 million megawatts per year, and is expected to double in the next two decades. All states presently are mandated to purchase 5% of their electricity from renewable, non-polluting sources. This number is expected to rise to 15% next year.

GPA currently has an access and use agreement for 250 acres of geothermal land near Victorville, California. The Company entered into a surface access and use agreement with the owners of the McKinley Ranch pursuant to the Geothermal Steam act of 1970. The term of the lease is three years for exploration.When production starts, it will continue as long as it produces geothermal power.