Gold Summit Mines Ltd. - ss. 83.1(1)

Order

Headnote

Subsection 83.1(1) ­ issuer deemed to be a reporting issuer in Ontario ­ issuer has been a reporting issuer in BritishColumbia and Alberta since December 8, 1989 and November 26, 1999 respectively ­ issuer listed and posted fortrading on the Canadian Venture Exchange ­ continuous disclosure requirements of British Columbia and Albertasubstantially identical to those of Ontario.

Statutes Cited

Securities Act, R.S.O. 1990, c.S.5, as am., ss. 83.1(1).

IN THE MATTER OF

THE SECURITIES ACT

R.S.O. 1990, CHAPTER S.5, AS AMENDED (the "Act")

AND

IN THE MATTER OF

GOLD SUMMIT MINES LTD.

ORDER

(Subsection 83.1(1))

UPON the application of Gold Summit Mines Ltd. (the "Company") for an order pursuant to subsection 83.1(1)of the Act deeming the Company to be a reporting issuer for the purposes of Ontario securities law;

AND UPON considering the application and the recommendation of the staff of the Commission;

AND UPON the Company representing to the Commission as follows:

1. The Company was incorporated under the Company Act (British Columbia) on August 6, 1987.

2. The authorized capital of the Company consists of 20,000,000 common shares of which 7,428,571 commonshares are issued and outstanding as at the date hereof.

3. The Company is a reporting issuer under the Securities Act (British Columbia) (the "BC Act") since December8, 1989 and became a reporting issuer under the Securities Act (Alberta) (the "Alberta Act") on November 26,1999 as a result of the merger of the Vancouver Stock Exchange and the Alberta Stock Exchange to form theCanadian Venture Exchange ("CDNX"). The Company is not in default of any requirements of the BC Act orthe Alberta Act.

4. The Company is not a reporting issuer or its equivalent under the securities legislation of any other jurisdictionin Canada.

5. The continuous disclosure requirements of the BC Act and the Alberta Act are substantially the same as therequirements under the Act.

6. The continuous disclosure materials filed by the Company under the BC Act since July, 1997 and under theAlberta Act since November, 1999 are available on the System Electronic Document Analysis and Retrieval.

7. The common shares of the Company are listed and currently trade on the CDNX and the Company is not indefault of any requirements of the CDNX.

8. There have not been any penalties or sanctions imposed against the Company by a court relating to Canadiansecurities legislation or by a Canadian securities regulatory authority and no settlement agreements have beenentered into by the Company.

9. There have not been any penalties or sanctions imposed against any of the Company's directors or officersor significant shareholders within the last 10 years by a court relating to Canadian securities legislation or bya Canadian securities regulatory authority nor has any of them entered into any settlement agreement witha Canadian securities regulatory authority nor have they been subject to any other penalties or sanctionsimposed by a court or regulatory body that would be likely to be considered important to a reasonable investormaking an investment decision.

AND UPON the Commission being satisfied that to do so would not be prejudicial to the public interest;

IT IS HEREBY ORDERED pursuant to subsection 83.1(1) of the Act that the Company be deemed a reportingissuer for purposes of the Act.

May 4, 2001.

"Howard Wetston" "Robert Davis"