BUSINESS CONSULTING AGREEMENT



WANNIGAN CAPITAL CORP,

1172
MANITOU DR NW

PO
BOX 363 

FOX
ISLAND, WASH 98333

TELEPHONE: (253) 549-4336

FACSIMILE: (253) 549-4FAX

FACSIMILE: (253) 549-4329




“...building companies for the future”




BUSINESS CONSULTING AGREEMENT




This
AGREEMENT made this 31th of August 2007 by and between: 




       

SILVER
MOUNTAIN MINES INC.




whose
principal place of business is




7230 Indian Creek Ln

Ste 201

Las Vegas, NV

89149







(hereinafter the “Company”) and;  




WANNIGAN CAPITAL CORP., a Company duly incorporated in the
State of Colorado, 

located
at:

1174
Manitou Dr NW

PO
Box 363

Fox
Island, Wash 98333

Telephone:
(253) 549-4336

Facsimile:
(253) 549-4fax

Facsimile:
(253) 549-4329




(hereinafter the “Consultant”).




WITNESSETH




In
consideration of the mutual promises hereinafter made by each to the other,
Consultant and Company agree as follows:




WHEREAS,
the Company wishes to retain the Consultant to act as a consultant in the
areas of Corporate growth and Acquisitions, accounting, business affairs,
business operations, and financial and public company structuring;




AND
WHEREAS, The Consultant has substantial experience in the areas of Corporate
growth and Acquisitions, accounting, business operations and supervision of the
business affairs of 







both
private and publicly traded companies and wishes to assume such responsibilities
for the Company.




WITNESSETH




NOW, THEREFORE,
the parties agree as follows:




1.

TERM:
 This Agreement shall be for a term of 6 months commencing the
1st day of September,  2007




2.

NATURE
OF SERVICES:  During the term of this Agreement Consultant shall
perform the following services in a timely and professional manner:

 

(a)

Attend
meetings of the Company’s Board of directors or Executive Committee(s) when so
requested in writing by the Company;

(b)

Attend
meetings for and at the request of the Company and review, analyze and report on
proposed  business opportunities;

(c)

Assist
in negotiating potential acquisitions and mergers;

(d)

Assist
in the implementation of short term and long term strategic planning as required
by the Company;

(e)

Assist
the Company in the monitoring of services provided by the Company’s advertising
firm, public relations firm (if other than the Consultant) and other
professionals to be employed by the Company; 

(f)

Maintain
the books and records of the Company in accordance with the instructions of the
Company’s Auditors and in accordance of U.S. GAAP if so requested by the
Company;

(g)

Prepare
all necessary regulatory and statutory filings required of the Company; and

(h)

Act
as liaison between the Company and its Auditor.

(i)

Act
as liaison between the Company and its Transfer Agent.




3.

Transaction
specific services.  The services contracted under this agreement shall
specifically include the following:




a)

Assist
the Company’s Legal counsel in filing appropriate SEC Form 10SB2 and NASD forms
(most likely Form 15(c) 211) to enable the Company to obtain trading privileges
on the NASD OTC BB.







4.
 IT IS AGREED that the Consultant’s services will not include any
services that  constitute the rendering of legal opinions or performance of
any work that it is the ordinary purview of a registered broker/dealer.




5.

COMPENSATION:
The Company agrees to compensate Consultant for its services:




(a)

Payment
to the Consultant of $10,000 to the Consultant upon signing of this agreement;
and

(b)

Payment
of $10,000 upon filing of the Form 10SB2; and

(c)

Payment
of $5,000 upon obtaining trading privileges on the NASD OTC BB; and 

(d)

 by
the delivery to the Consultant of 150,000 Common Shares of the Company; and







(e)

payment
to the Consultant of pre-approved expenses for the term of this Agreement to a
maximum of $5,000.




6.

CONFIDENTIALITY:
Consultant will not disclose to any other person, firm or corporation, nor use
for his own benefit, during or after the term of this Consulting Agreement, any
trade secrets or other information designated as confidential by the Company
which is acquired by Consultant in the course of his performing services
hereunder. (A trade secret is information not generally known to the trade,
which gives the Company an advantage over its competitors. Trade secrets can
include, by way of example, products or services under development, production
methods and processes, sources of supply, customer lists, marketing plans and
information concerning the filing of pendency of patent applications). Any
management advice rendered by Consultant pursuant to this Consulting Agreement
may not be disclosed publicly in any manner without the prior written approval
of Consultant.




7.

INDEMNIFICATION:
The Consultant shall indemnify and hold the Company, its affiliates, control
persons, officers, employees and agents harmless from and against all
liabilities, where a court of competent jurisdiction has made a final
determination that Consultant engaged in negligence or willful misconduct in the
performance of its services hereunder which gave rise to the losses, claim,
damage, liability, cost or expense sought to be recovered hereunder. The
provisions of this paragraph shall survive the termination and expiration of
this Consulting Agreement.




8.

TERMINATION:
 After a period of six months has transpired from the date of signing,
the Parties agree that either Party shall have the right to terminate this
Agreement without cause and without notice or payment in lieu thereof upon the
giving by the Terminating Party to the Terminated Party written notice of such
termination, which shall be effective immediately upon delivery of such notice.
Provided however, that such termination does not relieve either party of
obligations which have accrued to the other and, in the event that notice is
given by the Consultant, the Consultant shall be obligated to complete all
filings required of the Company and due within 45 days of the giving of such
notice.




9.
 HEADINGS: The headings in this Agreement are for reference purpose
only and shall not in any way affect the meaning or interpretation of this
Agreement.




10.
SEVERABILITY OF PROVISIONS: The invalidity or unenforceability of any term,
phrase, clause, paragraph, restriction, covenant, agreement or other provision
of this Agreement shall in no way affect the validity or enforcement of any
other provision or any part thereof




11.
WHOLE AGREEMENT: This Agreement constitutes and contains the entire
agreement and understanding between the parties and supersedes all prior
agreements, memoranda, correspondence, communications, negotiations and
representations, whether oral or written, express or implied, statutory or
otherwise between the parties or any of them with respect to the subject matter
hereof. This Agreement may not be changed orally but only by an agreement in
writing, signed by the party against which enforcement, waiver, change,
modification or discharge is sought.




12.
 NOTICES: All notices to be given hereunder shall be in writing and
sent by fax or registered and certified mail, postage prepaid to the following
addresses., sent to the appropriate Party as set out below(or to such other
address or addresses as either Party may, in writing, notify the 







other
of), provided however, that notices given by fax transmissions shall be deemed
to have been given at the time and on the dated disclosed by the corresponding
fax transmission confirmation sheet and, if given by Registered Mail, shall be
deemed to have been given five (5) clear days after mailing:
    










If to
the Company

WANNIGAN CAPITAL CORP,

ATTN:
KEVIN M. MURPHY

AS
CHIEF EXECUTIVE OFFICER

1174
MANITOU DR NW

PO
BOX 363

FOX
ISLAND, WASH 98333




If
to Client:

SILVER
MOUNTAIN MINES, 

7230
INDIAN CREEK LN

STE
201

LAS
VEGAS, NV 89149













13.  LAW: This agreement is governed and construed
under the laws of the state of  Nevada. 




14.

MISCELLANEOUS:
 




(a)

All
final decisions with respect to consultation, advice and services rendered by
Consultant to the Company shall rest exclusively with the Company;

(b)

This
Agreement contains the entire agreement of the parties hereto and there are no
representations or warranties other than those contained herein.  Neither
party may modify this Agreement unless the same is in writing and duly executed
by both parties hereto;

(c)

In
the event this Agreement or performance hereunder contravene public policy or
constitute a material violation of any law or regulation of any federal or state
government agency, or either party becomes insolvent or is adjudicated bankrupt
or seeks the protection of any provision of the National Bankruptcy Act, or
either party is enjoined, or consents to any order relating to any violation of
any state or federal securities law, then this Agreement shall be deemed
terminated, and null and void upon such termination; neither party shall be
obligated hereunder and neither party shall have any further liability to the
other;

(d)

Any
controversy or claim arising out of or related to this Agreement shall be
litigated in the Courts of the State of Nevada and the law applicable to any
such dispute shall be the law of the State of Nevada.

(e)

The
Consultant acknowledges that he has been advised by the Company to obtain
independent legal advice with respect to this Agreement, that he has either
obtained such advice or has waived his right to such.

(f)

This
Agreement may be signed in counterpart.



















IN
WITNESS WHEREOF,  the parties hereto have hereunder signed their names as
hereinafter set forth.




WANNIGAN CAPITAL CORP.

SILVER MOUNTAIN MINES

               







By:/s/ Kevin
Murphy                         


By:_/s/ James
Zaniol                                   
 

     Kevin M. Murphy/ CEO-President
              James
Zaniol/ CEO-President
           

            

     August 31, 2007
          

    August 31, 2007