| 1. | Party                  B agrees to transfer to Party A 10% of Party B’s ownership of Xingzhen Co.                  for a consideration of Three Million Five Hundred Thousand                  Reminbi (3,500,000 RMB). Within 15 days after this agreement is                  signed, a                  payment of 3,500,000 RMB by Party B shall be deposited into a bank                  account                  designated by Party B. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Party                  B shall warrant that the assets whose ownership is being transferred                  in                  this agreement have by no means been assigned, collateralized or                  mortgaged, nor claimed by any third parties. The ownership which                  is being                  transferred is impeccably owned by Party B and transferable fully                  and                  legally by Party B to others. Party B shall indemnify of financial                  and                  legal responsibilities which this ownership transfer may                  cause. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | Party                  A and Party B agree that Party B shall simultaneously transfer                  5% of its                  ownership to Mengxin Investment Co. of Wulatehou Qi, Inner-Mongolia,                  and                  Party A shall surrender its pre-emptive right. After this ownership                  transfer, Party A shall own 90% of Xingzhen Co. and Party B shall                  own 5%                  (net equity). Party A shall be committed to subsequent investments                  in mine                  exploration and development, and Party B’s ownership of 5% in Xingzhen                  shall not be diluted. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | Within                  20 days after the legal transfer of ownership, Party B shall work                  cooperatively with Party A to complete legal and regulatory registration                  of the ownership transfer from Party B to Party A as required by                  central                  and local governments. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | Breach                  of contract. One party of this agreement who fails to fulfill this                  agreement properly or fully shall remedy another party of this                  agreement                  for its failure. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | Changes                  or termination of this agreement.This agreement may be changed                  or                  terminated in the case of force majeure or at the mercy of the                  uncontrollable by no-fault party of this agreement which prevents                  this                  agreement from performing. No change or termination shall be valid                  unless                  Party A and Party B sign to agree                  upon. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7. | Laws                  and legal settlement of disputes. This agreement shall be governed                  by the                  laws of China. Any dispute which arises due to or related to this                  agreement shall be settled between Party A and Party B through                  deliberation and negotiation. Any dispute which cannot be settled                  shall be                  arbitrated in the place of deliberation and                  negotiation. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 8. | This                  agreement shall be in four copies, and each party shall keep two                  copies. |
|----|-----------------------------------------------------------------------------------------------------------------|

| 9. | Any                  issue which is not covered by this agreement shall be subject to                  amendment                  which shall be made by the two parties. Amendments shall be of                  equal legal                  power as this agreement                  itself. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----