Filed by sedaredgar.com - Lamarun Resources, Inc. - Exhibit 10.2






LAMARUN 

  RESOURCES INC. 

 

 

GEOLOGICAL EVALUATION REPORT 

on the 

GOLD COIN PROPERTY 

 

 

	New Westminster Mining Division 
	               
                         
                         
                         
                         
                         
           NTS 092H.064 
	  
	  
	Vancouver, B.C. 
	               
                         
                         
                         
                         
                         
           Laurence Sookochoff, P.Eng 
	June 7, 2008 
	               
         Sookochoff Consultants Inc. 






Lamarun Resources Inc. 

  Geological Report 

  on the 

  Gold Coin Claim


___________________________________________

Table of Contents 

	  	page 
	  	  
	Introduction 	3. 
	Summary 	3. 
	Property Description, Location & Access 	4. 
	Climate 	4. 
	Physiography & Vegetation 	4. 
	Infrastructure 	4. 
	Water & Power 	4 
	History 	5. 
	Regional Geology 	6. 
	Property Geology 	6. 
	Mineralization 	6. 
	Conclusions & Recommendations 	7. 
	Recommended Exploration Program & Estimated Cost
      	8. 
	Selected References 	9. 
	Certificate 	10 


Illustrations 

	Figure 1. 	Location Map 	following page 3. 
	Figure 2. 	Claim Location 	following page 4. 
	Figure 3. 	UTM & Topography 	following page 4. 
	Figure 4. 	OrthoPhoto 	following page 5. 
	Figure 5. 	Geology 	following page6. 






Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 


INTRODUCTION 

At the request of officials of Lamarun Resources Inc. the
writer prepared this evaluation report on the GOLD COIN Mineral Claim ground,
the results of former and current exploration, and to recommend an exploration
program to continue the exploration and development of the ground with a view to
establish a sufficient gold bearing mineral resource on which to base a
productive economic operation. 

Information for this report was obtained from sources as cited
under Selected References and from personal geological reports the writer has
written on mineral properties in the general area. 

SUMMARY 

The GOLD COIN property covers an area of 188.22 hectares
located in southwestern British Columbia, Canada, 90 miles northeast of
Vancouver within the New Westminster Mining Division. 

The property is situated within the Cascade Range of mountains
along the western edge of the Methow Graben which is marked by the Hozameen
Fault separating the Jurassic Ladner group of rocks and the Permean to Jurassic
Hozameen undivided sedimentary rocks. The Graben makes up the Coquihalla Gold
Belt of southern British Columbia, a historic metallogenic belt characteristic
of lode gold occurrences. Much of the gold within the belt is spatially related
to the Hozameen Fault with the gold occurrences hosted by shear zones and veins
as high-grade low tonnage deposits or in breccia and replacement zones as
low-grade high tonnage deposits such as the Caroline Mines mineral deposit
located south of the Property. The Gold Coin mineral showing is exposed in a
tunnel reportedly as an iron-stained, altered argillite, and serpentine which,
near the portal, is particularly schistose and hosts “rotten” quartz, talc and
platy slate fragments. A five foot wide sample taken from this area reportedly
assayed 2.67 ounces gold per ton. 

A three phase exploration program of prospecting, trenching,
geophysical surveys, and diamond drilling estimated to cost US$99,500.00 is
recommended to delineate a potentially indicated economic mineral resource on
the GOLD COIN property. 

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Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 


PROPERTY DESCRIPTION, LOCATION & ACCESS 

The property covers an area of 188.22 hectares. Particulars are
as follows: 

	Claim Name 	Tenure No. 	Expiry Date 
	Gold Coin 	555722 	2009/aug/01



The property is located in southwestern British Columbia,
Canada, 90 miles northeast of Vancouver and 47 miles northwest of Princeton in
the New Westminster Mining Division. 

The UTM co-ordinates at the Gold Coin mineral showing near the
center of the property are 5502101N and 617456 E. 

The property is accessible from Vancouver, B.C. via Trans
Canada Highway #1 for some 90 miles to within 14 miles south of Boston Bar and
thence some two miles by secondary road to the Property. 

PHYSIOGRAPHY, CLIMATE, AND VEGETATION 

The property is situated within the northern tip of the Cascade
Mountain Range, a physiographic province of which only a small area lies in
British Columbia. Steep ridges and heavily vegetated valley floors typify the
area. Annual precipitation is heavy and temperatures relatively mild. 

Elevations range from 2600 feet in the northwest and 2150 feet
in the southwest.There are adequate sites on and/or peripheral to the property
for potential tailings storage areas, waste disposal areas and processing plant
sites. 

INFRASTRUCTURE 

Boston Bar, a community situated along Highway #1 some 14 miles
north of the Property, would be available for basic accommodation and supplies
for any exploration project. Vancouver, a port city on the southwest corner of,
and the largest city, in the Province of British Columbia, 90 miles southwest of
the Property would be the source for any mine related equipment for the
exploration and development of the Property. 

WATER AND POWER 

Sufficient water for all phases of the exploration program
could be available from the many creeks that are located within the confines of
the property. Electrical power may be available from a high voltage transmission
line that is within four miles of the Property. 

Diesel-electrical power would be required in the initial stages
  of development and production.

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Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 


AREA HISTORY 

The history of the immediate area stems the 1870’s when placer
gold was discovered along the Fraser River. Subsequent exploration led to the
discovery of placer gold northward to, and far beyond the Property to the
historic and prolific Barkerville placer gold fields from which placer gold is
still recovered. The more prominent placer discoveries in the Property area were
numerous placer lode gold ccurrences along Siwash Creek six miles south of the
Property. 

At Siwash Creek, numerous unsuccessful attempts have been made
to mine the bedrock gravels of the Creek by means of shafts, adits, and sluicing
operations. These include efforts by the Pacific Northwest Corporation around
the turn of the century, the Siwash Creek Hydraulic Company between 1911 and
1915, and the Azela Mining Company in 1925 and 1926. The gravels were also
tested, in 1950, by Canadian American Mines Incorporated. Most of the gold
recovered is said to have been found in gravels “which overlay a layer of clay”.
Total recorded production for the creek is reportedly estimated to be 529 grams.


During the sunset placer period, lode gold discoveries were
made along the Coquihalla gold belt where small former lode gold producers were
developed and several gold occurrences were located. Some of these discoveries
were along the north fork of Siwash Creek where at the Rodd B showing (MINFILE
No 092HNW053), four miles south of the Property, gold has reportedly been
recovered from panned samples of intrusive rocks and associated quartz veins.


PROPERTY HISTORY 

The Gold Coin showing was probably discovered and the tunnel
established during the early 1900’s when much placer exploration was in progress
in the Siwash Creek area. There was no reported exploration of the Property
until 1979 when Aquarius Resources Ltd. completed ageochemical survey on
portions of the present ground covered by the Property. Aquarius Resources Ltd.
in association with other companies, completed additional exploration in the
immediate area from 1979 to 1981.

There was no other reported exploration on the Property since
  1981. 

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Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 


REGIONAL GEOLOGY 

The Property is located within an area of the western margin of
the Methow Graben, a prominent geological feature of the northern Cascade Range
of Washington and British Columbia. The structural and lithological complex is
comprised of north-south trending sheared serpentine and ultramafic rocks
separated by the Hozameen Fault with the Lower Jurassic to Middle Jurassic
Ladner Group (ImJLa) to the east and the Permean to Jurassic Hozameen Complex of
undivided sedimentary rocks (PJHs) to the west. Most of the mineral occurrences
in the area lie east of but generally close to the Hozameen Fault, which
encloses metamorphic rocks of the Coquihalla serpentine belt. 

The Complex makes up the Coquihalla Gold Belt of southern
British Columbia, a historic metallogenic belt characteristic of lode gold
occurrences. Much of the gold within the belt is spatially related to the
Hozameen Fault with the gold occurrences hosted by shear zones and veins as
high-grade low tonnage deposits or in breccia and replacement zones as low-grade
high tonnage deposits such as the Caroline Mines mineral deposit located south
of the Property. 

PROPERTY GEOLOGY 

The Property covers a portion of the Hozameen fault with the
Ladner Group to the east and the Hozameen Complex to the west. The Gold Coin
occurrence is described as being situated near the western contact of a belt of
rocks characterized as serpentinite. These rocks are in contact with black,
carbonaceous slate and argillite of the Ladner Group. The sediments host quartz,
occurring as irregularly distributed bunches and stringers, adjacent to the
contact. 

AREA MINERALIZATION 

  Within the Coquihalla gold belt are many gold showings, occurrences and
  deposits which are indicated as spatially related to the Hozameen Fault. At
  the Majestic mineral showing located three miles northeast of the Property quartz
  veins within Ladner siltstones host finely disseminated pyrite and tetrahedrite
  reported to carry visible gold, locally encrusted by iron oxides. Grab samples
  from the vein reportedly assayed 6.9 ounces of gold per ton. Development is
  reported to have consisted of two tunnels. 

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Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 


AREA MINERALIZATION (cont’d) 
At the Rodd B mineral
showing on the north fork of Siwash Creek some three miles south of the
Property, narrow veinlets of quartz with some scheelite occur along foliation
planes in sediments. Gold has reportedly been recovered from panned samples of
intrusive rock and associated quartz veins. A three foot sample taken from near
the contact of one sill reportedly assayed 0.06 ounces gold per ton. 

PROPERTY MINERALIZATION 

The Gold Coin tunnel reportedly exposes iron-stained, altered
argillite and serpentine which, near the portal, is particularly schistose and
hosts “rotten” quartz, talc and platy slate fragments. A five foot wide sample
taken from this area reportedly assayed 2.67 ounces gold per ton. 

CONCLUSIONS 

The GOLD COIN property is located within a favourable geological
  environment for the occurrence of potentially economic mineral resources that
  may be developed from gold mineralization hosted primarily by quartz veins or
  from a quartz vein stockwork. As the Hozameen Fault appears as the primary controlling
  structure to gold/quartz mineralization, and associated serpentinite localized
  by the Hozameen Fault, appears to be a secondary controlling factor to associated
  gold mineralization, the Hozameen Fault zone on the Property should be explored
  for potentially economic gold zones. As the significant gold values at the Gold
  Coin showing are associated with serpentine and indicated adjacent to the Hozameen
  Fault, the Hozameen Fault zone in the area of the Gold Coin showing should be
  the initial focus of exploration. 

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Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 


RECOMMENDED EXPLORATION PROGRAM & ESTIMATED COST


An exploration program of prospecting, trenching, sampling, and
geophysical surveys followed by diamond drilling is recommended to determine the
prime locality of mineralization which would be tested by diamond drilling. 

	Phase I 
Prospecting, trenching and
      sampling ------------------------------------------ 	 	
$ 7,500.00 	 
	  	 	  	 
	Phase II 
VLF-EM and magnetometer
      surveys ------------------------------------------ 	 	
12,000.00 	 
	  	 	  	 
	Phase III 
Diamond drilling
      ------------------------------------------------------------------- 	 	
80,000.00 	 
	  	 	  	 
	Total Estimated Cost 	$	 99,500.00 	 


Phase I of the recommended exploration program is estimated to
take two weeks to complete. 

It is the author’s opinion that the geological character of the
GOLD COIN property is of sufficient merit to justify the recommended exploration
program. 

Respectfully submitted 

  Sookochoff Consultants Inc.

  Laurence Sookochoff, P.Eng. 



  Vancouver, BC

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Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 


SELECTED REFERENCES 

MINFILE – 092HNW033; Majestic. 

MINFILE – 092HNW043; Siwash Creek. 

MINFILE – 092HNW053; Rodd B. 

MINFILE – 092HNW032; Gold Coin, Hidden Creek. 

Cochrane, D.R. – Geochemical Assessment Report and
Reconnaissance Geochemical Survey on a Portion of the Hidden Creek Group for
Aquarius Resources Ltd., March 8, 1979.  AR 7,168. 

Howe, D. - V.A. – Assessment Report on a Geochemical Sampling
Survey on the Maj Mineral Claim Group for Columbian Northland Exploration Ltd.,
Aquarius Resources Ltd., Rupertsland Resources Ltd., Flamingo Oils Ltd., and
Ocelot Industries Ltd. October 30, 1981. AR 13,499. 

MapPlace – Downloads 

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Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 


CERTIFICATE 

I, Laurence Sookochoff, of the City of Vancouver, in the
Province of British Columbia, do hereby certify: 

That I am a Consulting Geologist and principal of Sookochoff
Consultants Inc. with an office address at 120 125A-1030 Denman Street,
Vancouver, BC V6G 2M6. 

I, Laurence Sookochoff, further certify that: 

1) I am a graduate of the University of British Columbia (1966)
and hold a B.Sc. degree in Geology. 

2) I have been practicing my profession for the past fourty-two
years. 

3) I am registered and in good standing with the Association of
Professional Engineers and Geoscientists of British Columbia. 

4) The information for this report is based on information as
itemized in the Selected Reference section of this report. 

5) I do not have any direct or indirect interest in the GOLD
COIN Property nor in the securities of Lamarun Resources Inc. 

Laurence Sookochoff, P. Eng. 

   

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