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                                                                    EXHIBIT 10.7

                         INVESTMENT MARKETING AGREEMENT


This Investment Marketing Service Agreement (the "Agreement") is entered this
26th day of October, 2000 by and between BreakOut Investment Marketing ("BOIM")
an Arizona Limited Liability Corporation and Atlas Mining (OTCBB: ALMI)
("Client") a Idaho Corporation.

                                    RECITALS

A.       The Client desires to be assured of the association and services of
         BOIM in order to avail itself of BOIM's experience, skills, knowledge
         and background to facilitate strategic planning, corporate imaging and
         to assist the Client in business and/or financial matters and is
         therefore willing to engage BOIM upon the terms and conditions set
         forth herein.

B.       BOIM agrees to be engaged and retained by the Client and upon the terms
         and conditions set forth herein.

         NOW, THEREFORE, in consideration of the foregoing, of the mutual
promises hereinafter set forth and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:

     1.  ENGAGEMENT. Client hereby engages BOIM on a non-exclusive basis, and
         BOIM hereby accepts the engagement to become a consultant to Client and
         to render such advice, consultation, information and services to the
         Directors and/or Officers of the Client regarding general business
         matters including but not limited to:

A.       Monitoring and increasing exposure on message boards

B.       Periodic reporting as to developments concerning the general financial
         markets and public securities markets and industry which may be
         relevant or of interest or concern to the Client or the Client's
         business

It shall be expressly understood that BOIM shall have no power to bind Client to
any contract or obligation or to transact any business in Client's name or on
behalf of Client in any manner.

5.       TERM. The term ("Term") of this Agreement shall commence on the date
         hereof and continue for twelve (12) months. The Agreement may extend
         upon agreement by both parties, unless or until the Agreement is
         terminated. Either party may cancel this Agreement upon five (5) days
         written notice in the event either party violates any material
         provisions of this Agreement and fails to cure such violations within
         five (5) days of written notification of such violation from the other
         party. Such cancellation shall not excuse the breach or non-performance
         by the other party or relieve the breaching party of its obligation
         incurred prior to the date of cancellation.

3.       COMPENSATION AND FEES. As consideration for BOIM entering into this
         Agreement, Client and BOIM shall agree to the following:

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6.       The Engagement Fee ("Engagement Fee") may be satisfied by issuing
         certificates representing an aggregate of 420,000 shares of restricted
         common stock (the "Shares"). The shares, when issued to BOIM, will be
         duly authorized, validly issued and outstanding, fully paid and
         nonassessable and will not be subject to any liens, encumbrances and
         cannot be cancelled. Shares have piggyback rights on the next
         registration.

4.       EXCLUSIVITY; PERFORMANCE; CONFIDENTIALITY. The service of BOIM
         hereunder shall not be exclusive, and BOIM and its agents may perform
         similar or different services for other persons or entities whether or
         not they are competitors of Client. BOIM shall be required to expend
         only such time as is necessary to service Client in a commercially
         reasonable manner. BOIM acknowledges and agrees that confidential and
         valuable information proprietary to Client and obtained during its
         engagement by the Client, shall not be, directly or indirectly,
         disclosed without the prior express written consent of the Client,
         unless such information is otherwise known to the public generally or
         is otherwise secret and confidential.

7.       INDEPENDENT CONTRACTOR. In its performance hereunder, BOIM and its
         agents shall be an independent contractor. Consultant shall complete
         the services required hereunder according to his own means and methods
         of work, shall be in the exclusive charge and control of BOIM and which
         shall not be subject to the control or supervision of Client, except as
         to the results of the work. Client acknowledges that nothing in this
         Agreement shall be construed to require BOIM to provide services to
         Client at any specific time, or in any specific manner. Payments to
         BOIM hereunder shall not be subject to withholding taxes or other
         employment taxes as required with respect to compensation paid to an
         employee.

8.       MISCELLANEOUS. No waiver of any of the provisions of this Agreement
         shall be deemed or shall constitute a waiver of any provision and no
         waiver shall constitute a continuing waiver. No waiver shall be binding
         unless executed in writing by the party making the waver. No
         supplement, modification, or amendment of this Agreement shall be
         binding unless executed in writing by both parties. This Agreement
         constitutes the entire agreement between the parties and supersedes any
         prior agreement or negotiations. There are no third party beneficiaries
         of this Agreement.

         IN WITNESS WHEREOF, the parties hereto have entered into this Agreement
on the date first written above.

                                           Client:
                                           Atlas Mining Company, Inc.


                                           Signature: /s/ William Jacobson
                                                                  President


                                           Company:

                                           BreakOut Investment Marketing