**EXHIBIT 10.1**

 

 

**EXHIBIT 10.1**

Term            Sheet

By            and Between Holloman Minerals Ltd. and Plush Mall, Inc.

 

| 1.Parties:                                                                                         | Holloman Minerals Limited or Nominee (“HML”)                            and Plush Mall, Inc.(“PMI”)                                                                                                                                                                                                                                                                                                                                                                     |
|----------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.Nature of Agreement                                                                              | This Term Sheet constitutes the basis for a Joint                            Venture Agreement between HML and PMI on permits in Australia                            identified in block 7 of this agreement.                                                                                                                                                                                                                                                                                  |
| 3.Joint Venture Agreement:

                             

                              | HML and PMI will execute a comprehensive Joint Venture                            Agreement following the execution of the terms and reflecting the terms                            of this agreement.                                                                                                                                                                                                                                                                                         |
| 4.Exclusivity:

                                                                              | HML will have an exclusive right to finalize                            documentation giving effect to the intent of the arrangements herein                            during the period of this Term Sheet remains effective. In the event                            HML and PMI fail to finalize negotiation of documentation by the end of                            term, then neither will be bound by any of the terms or representations                            herein.           |
| 5.Commencement Date and

Term:                                                                     | The Effective Term of this agreement commences on the                            28th of November 2007 for the period of 90 days.                                                                                                                                                                                                                                                                                                                                                               |
| 6.Permits Subject to Joint

Venture Agreement:                                                     | Mineral exploration licenses EL3802,EL3803, EL3804,                            EL3805, EL324, EL3825, and EL 3826 in the lake Frome Embayment near                            Lake Callabonna in the State of South Australia.                                                                                                                                                                                                                                                                  |
| 7.Terms of Joint Venture

Agreement:                                                               | PMI may earn an 80% interest in the project covered by                            the Joint Venture Agreement by the investment of $2,000,000.00 in                            project related expenditures within the first two years, and a total of                            $5,000,000.00 in project related expenditures within four years                            following the execution of the Joint Venture Agreement contemplated by                            this Term Sheet. |
| 8. Statement:                                                                                      | The HML parties warrant that the project is in good                            standing at the Commencement of the Effective Term of this Term                            Sheet.                                                                                                                                                                                                                                                                                                                |
| 9.Joint Venture Operations:                                                                        | HML and PMI will execute a joint operating agreement                            following the execution of the Joint Venture Agreement.                                                                                                                                                                                                                                                                                                                                                         |
| 10.Transaction Costs:                                                                              | Each party will bear its own costs of, and incidental                            to, the preparation and execution of the agreements contemplated by                            this Term Sheet.                                                                                                                                                                                                                                                                                                |
| 11.Acknowledgement                                                                                 | By signature below, both Parties acknowledge their                            agreement to the terms set forth herein. Once executed, these terms are                            binding upon the Parties.                                                                                                                                                                                                                                                                                      |
| 12.Deposit                                                                                         | A good faith Deposit from PMI to Strongbow Resources Pty                            in the amount of AUD$340,000 is required on or before the                            15th of December 2007.                                                                                                                                                                                                                                                                                                 |
|                                                                                               | For and on Behalf Holloman Minerals Limited

                             

/s/MarkSteveson

                             

Mark Stevenson

Director Date 28 November, 2007                                                                                                                                                                                                                                                                                                           |
|                                                                                               | For and on behalf Plush Mall, INC.

                             

/s/Herbert Schmidt

                             

Herbert Schmidt

Director Date 28 November, 2007                                                                                                                                                                                                                                                                                                                |