exh4-157.htm


    Exhibit 4.157

       

      JESSOP
AMENDMENT AGREEMENT

       

      This
Amendment Agreement dated for reference the 14th day
of January 2009

       

      BETWEEN:

       

      DAVID
MEUNIER                                                                        (as
to 50%)

      P.O. Box
1624

      South
Porcupine, Ontario  P0N 1H0

      Telephone:
(705) 235-5426

       

      CHRISTOPHER
PEGG                                                              (as
to 50%)

      10 Beaver
Drive, P.O. Box 59

      Chaput
Hughes, Ontario  P0K 1A0

      Telephone:
(705) 567 3662

       

      (hereinafter
referred to collectively as the "Optionors")

       

      OF THE
FIRST PART

       

      AND:

       

      AMADOR
GOLD CORP.

      #711 - 675 West Hastings
Street

      Vancouver,
British Columbia  V6B 1N2

       

      (hereinafter
referred to as the "Optionee")

       

      OF THE
SECOND PART

      

        WHEREAS Amador and the
Optionors entered into an option agreement dated for reference the 16th day
of October 2007 (the “Jessop Agreement”) and the parties wish to amend the
Jessop Agreement.

         

        NOW THEREFORE in consideration
of the premises and the mutual covenants and agreements herein contained, the
parties agree as follows:

        
          	
                  1.

                	
                  Sections
      3 and 4 to the Jessop Agreement be deleted in their entirety and replaced
      with Sections 3 and 4 as written
below:

                


        

        
          	
                   
      

                	
                  “3.

                	
                  TERMS
      OF THE OPTION

                


        

        In order
to maintain the Option in good standing and earn a 100% right, title and
undivided interest in and to the Property, the Optionee, subject to paragraph 2,
shall:

        
          	
                   
      

                	
                  (a)

                	
                  pay
      to the Optionors $18,000 upon receipt of regulatory approval
      (paid);

                


        

        
          	
                   
      

                	
                  (b)

                	
                  pay
      to the Optionors a further $10,000 on or before January 23,
      2009;

                


        

        
          	
                   
      

                	
                  (c)

                	
                  pay
      to the Optionors a further $30,000 on or before January 11,
      2010;

                


        

        
          	
                   
      

                	
                  (d)

                	
                  issue
      to the Optionors 100,000 common shares of the Optionee upon receipt of
      regulatory approval (issued);

                


        

        
          	
                   
      

                	
                  (e)

                	
                  issue
      to the Optionors a further 100,000 common shares of the Optionee on or
      before January 23, 2009; and

                


        

        
          	
                   
      

                	
                  (f)

                	
                  issue
      to the Optionors a further 100,000 common shares of the Optionee on or
      before January 11, 2010.

                


        

        4.           EXERCISE
OF THE OPTION

        If the
Optionee has paid $58,000 and issued 300,000 common shares to the Optionors, the
Optionee shall be deemed to have exercised the Option and will have acquired an
undivided 100% right, title and interest in and to the Property, subject only to
the Royalty Interest reserved to the Optionors.”

        
          	
                  2.

                	
                  In
      all other respects the terms of the Jessop Agreement remain as
      written.

                


        

        
          	
                  3.

                	
                  Time
      shall be of the essence of this Amendment
  Agreement.

                


        

        
          	
                  4.

                	
                  The
      parties hereto covenant and agree to execute and deliver all such further
      documents as may be required to carry out the full intent and meaning of
      this Amendment Agreement and to effect the transactions contemplated
      hereby.

                


        

        
          	
                  5.

                	
                  This
      Amendment Agreement shall be governed by and interpreted in accordance
      with the laws of the Province of
Ontario.

                


        

        
          	
                  6.

                	
                  This
      Amendment Agreement together with the Jessop Agreement constitute the
      entire agreement between the parties and supersedes all previous
      understandings, communications, representations and agreements between the
      parties with respect to the subject matter of this Amendment
      Agreement.

                


        

        
          	
                  7.

                	
                  This
      Amendment Agreement will enure to the benefit of and be binding upon the
      parties hereto and their respective successors and permitted
      assigns.

                


        

         

        IN WITNESS WHEREOF the parties
hereto have executed these presents as of the day and year first above
written.

        AMADOR GOLD
CORP.                                           
)

        )

        )

        Per:
/s/ Alan
Campbell_________________             )

                       Alan
Campbell,
Director                                 )

        


        SIGNED
and DELIVERED
by                                            )

        DAVID MEUNIER in the presence
of:                           
)

        )

        /s/ Paul Meunier                                       
)

        Witness
Signature                                                               )

        )

        Paul Meunier                                           )

        Name
(printed)                                                                    
)         /s/ David Meunier                                                           

        )         DAVID MEUNIER

        122 Tisdale St., South
Porcupine,
ON                               )

        Address                                                                               
 )

        


        SIGNED
and DELIVERED
by                                           
)

        CHRISTOPHER PEGG in the
presence
of:                 
)

        )

        /s/ Jessica Benson                                     
)

        Witness
Signature                                                               
)

        )

        Jessica Benson                                        )

        Name
(printed)                                                                   
 )         /s/ Christopher Pegg                                                           

        )         CHRISTOPHER PEGG

        7-5019 Hwy 112, Swastiko,
ON                                       
)

        Address                                                                                
)