EXHIBIT 10.1

                MINERAL PROPERTY OPTION AGREEMENT


             THIS AGREEMENT dated for  December 15TH     2000

   BETWEEN-

             ROBERT GORDON ANDERSON, Seven Mile Beach, PO Box
30620, Grand Cayman;

             (the Optioner")

                                                      OF THE
FIRST PART

   AND:

             BLUESTONE VENTURES, JNC., a body corporate, duly incorporated
             under the laws of the Nevada and having an office at 8th
             Floor, 1006 Beach Avenue, Vancouver, British Columbia,
             V6E 1T7;

             (the "Optionee".)

OF THE SECOND PART

   WHEREAS:

   A.       The Optionor is the registered and beneficial owner of four
   mineral c1airn units known collectively as the Nag Lake Property which
 is located in the Gravel River area, Thunder Day Mining
   District, Ontario, Canada (Claim no.TB1195902) (collectively, the
   "Claims");

   B.       The Optionor has agreed to grant to the Optionee the right,
   privilege and option to explore the Claims together with the right,
privilege and option to  purchase the Claims upon terms and
   conditions hereinafter Set forth,

             NOW  THERFFORE THIS AGREEMENT WITNESSETH that in
consideration of the  mutual covenants and provisos herein contained, THE
PARTIES HERETO AGREE AS FOLLOWS:

   1.       DEFINITIONS

             For the purposes of this Agreement, exept as otherwise
             expressly provided or unless
   the context otherwise requires, the following words and phrases shall
   have the following meanings;

        (a)  "Agreememt means  this Mineral Property Option Agreement as
             entered into between the  Optionor and the Optionee herein;

        (b) "Commercial Production" rneans the operation of the Claims  or
             any portion thereof as a producing
        mine and  the  production of mineral products therefrom (excluding
             bulk sampling or pilot plant operations,
        if any)  for  a period of 30 consecutive days at not less than  60%
             of the plants  initial rated capacity;

        (c) "Net Smelter Returns" means the net amount shown due by the
        smelter or other place  of sale from the sale of mineral products, as
        indicated by  its returns or settlement
             sheets, after payment of (1) all freight charges from the
             shipping point to the smelter or
             other place of sale, (2) all other proper treatment or other
             charges at such smelter or
             other place of sale, and (3) federal or state royalties due
             and payable on production, if any;

  2.              THE OPTIONOR'S REPRESENTATIONS

   2.1      The Optionor represents and warrants to the Optionee that;

             The  Optionor is the beneficial owner of the mineral interests
             comprising the Claims and holds the right to explore and
             develop the Claims;

       (b)  Except as disclosed herein, the Optionor, as beneficial owner
   of the claims, holds all of the Claims free and clear of all liens,
charges and claims of others, and the Optionor has free and unimpeded right
of access to the Claims and has use of the Claims surface for the herein
purposes;
       (c)  The Claim have been duly and validly located and recorded in a
   good and miner-like manner pursuant to the laws of Ontario and are in good
   standing in as of the date of this agreement;
       (d)  There are no adverse claim or challenges against or to the
   Optionor's ownership of or title to any of the Claims nor to the knowledge
   of the Optionor is them any basis therefore, and there are no outstanding
agreements or options to acquire or purchase the Claims  thereof and
       (e)  The Optioner has the full right, authority and capacity to
   enter into this Agreement without first obtaining the consent of any
   other person or body corporate and the consummation of the transaction
herein contemplated will not conflict with or result in any breach of any
covenants or agreements contained in, or constitute a default under, or
result in the creation of any encumbrances under the provisions of any
shareholders' or directors' resolution, indenture, agreement
   or other instrument whatsoever to which the Optioner  is a party or by
which it is bound or to which it is subject;

   2.2                The representations and warranties of the Optionor set
out in paragraph 2.1 above form a part of this Agreement  and are
conditions upon which the Optionee has relied in entering into this
Agreement and shall survive the, acquisition of any interest in the Claim
by the Optionee.

   3.       THE OPTIONEE'S REPRESENTATIONS

             The  Optionee warrants mid represents to the Optionor that  it
   is  a  body corporate, duly incorporated under the laws of the State  of
   Nevada  with  full  power  and  absolute capacity  to  enter into  this
   Agreement  and that the terms of this Agreement have been authorized  by
   all  necessary corporate  acts and deeds in order to give effect to  the
   terms hereof.

4.            GRANT OF OPTION

                                      The  Optionor hereby gives and grants
to  the Optionee the sole and exclusive right and option to acquire a  100%
undivided  right, title and interest in and to the Claims  (the "Option"),
subject to a Net Smelter Return, royalty, by performing the acts and  deeds
and paying the sums provided for in paragraph 5.

5.            CONSIDERATION FOR THE GRANT OF OPTION

5.1           In order to keep the right and Option granted to the Optionee
in respect of the Claims in  good  standing and in force and effect, the
Optionee shall be obligated to:

  (a)  Share Issuances

               Issue   to   The Optionor   250,000
non-assessable  common shares in its capital stock at  a  deemed
price  of $0.10 per share upon execution of this Agreement;

(b)           Cash Payments

                                    Pay to the Optionor a total
of $250,000
as follows:

(i)                $25,000 upon execution of this Agreement;

(ii)               $50,000 by January 2, 2002;

(iii)              $75,000 by June 1, 2003; and

(iv)               $100,000 by June 1, 2004;

  (b)  Expenditure Commitments

         Provide  funding of minimum cumulative
expenditures for exploration and development work on the Claims
of at least $85,000 under the direction of a qualified geologist
or project engineer as follows:

(i)                    $10,000 of expenditures to be
incurred or caused to be incurred, by the Optionee on the Claims
by  January 1, 2002;

(ii)    No less than a further $25,000 of expenditures to be  or
caused to be incurred, by the Optionee on the Claims by October 31,
2002; and

(iii)   No  less  than  a further  $50,000  of Expenditures to be
incurred, or caused to be incurred by the Optionee on the Claims by
January 1, 2003.

(e)           Property Payments and Assessment Work

     Pay, or cause to be paid, to the
     Optionor, or on the Optionor's behalf as the
     Optionee may determine, all Claim payments and assessment work
     required to keep the Claims and
     this Option in good standing during the term of this Agreement.

   5.2       Area of Influence. For the purpose of this Agreement, the
   area covered by the Claims shall include an area of influence
surrounding the outer perimeter of the Claims to a maximum of three
   miles (the "Area of Influence") and all mineral claims, interests or
   rights acquired (collectively, the
   "Interests"), dirtectly or indirectly, within the Area of influence
   before or after the date of signing of this
   Agreement by the Optionor during the currency of this Agreement shall
   become part of this Agreement. The Optionee agrees to reimburse the
Optionor for its out-of-pocket expenses, which are
   incurred by the Optionor upon its acquisition of the interests.

   6.        RIGHT TO ABANDON PROPERTY INTERESTS

        Should  the  Optionee, in its sole discretion, determine that  any
   part of the Claims no longer warrants  further exploration and development,
then  the  Optionee may abandon such interests  without affecting its rights
or obligations  under  the Agreement, so long as the
Optionee  provides  the  Optionor  with  30  days  notice  of its
   intention to do so. Upon receipt of   such  notice,  the Optionor  my
request  that  the  Optionee retransfer title to such interests to
the  Optionor, and the Optionee hereby agrees to do  so,  and upon
expiry of the 30 days, or upon the  earlier  transfer thereof such interests
shall  cease  to   be  part of the Claims.

   7.        TERMINATION OF OPTION

   7.1       The Option shall terminate upon 30 calendar days written
   notice being first provided by the Optionor to the Optionee, if the
Optionee fails to make the required share issuance or cash
   payments, or fails to complete the minimum cumulative and expenditures
   and assessment work in accordance with paragraph 5. 1 within the time
periods specified.

   7.2       If the Optionee sball be in default of any requirement set
   forth in paragraph 5.1 herein, the Optionor shall give written notice
to the Optionee specifying the default and the Optionee shall not
   lose any rights granted under this Agreement, unless within 30 days
   after the giving of notice of default by the Optionor, the Optionee has
failed to take reasonable steps to cure the default by the appropriate
   performance.

   7.3  If the Option is terminated in accordance with paragraphs 7.1 and 7.2
 herein), the Optionee shall have no interest in or to the Claims, and any
 share issuances, expenditures and payments made, or caused to be made, or
 incurred by the Optionee to or on behalf of the Optionor under this
 Agreement shall be non-refundable by the I Optionor to the Optionee for
 which the Optionee shall have no recourse.

             ACQUISITION OF INTERESTS IN THE CLAIMS

             At  such  time  as, the Optionee has made the required  share
   issuance,  minimum  cumulative  expenditures  mid  currency and   other
   payments,  in  accordance with paragraph 5 heM4 within the time  periods
   specified  therein  then  the  Option  shall  be  deemed  to have  been
   exercised by the Optionee, and the Optionee shall have thereby,  witbout
   any  further  act, acquired an undevided 100% interest  in and  to  the
   Claims subjecct to the net smelter returrns royalty described below.

9.            NET SMELTER RETURNS ROYALTY

9.1           On the date the Optionee commences Commercial Production on
the Claims, the Optionor shall be entitled to receive and the Optionee shall
pay to the Optionor 2% of Net Smelter Returns,

9.2           The Optionee may at any tirne pay $500,000 to the Optionor to
reduce the Net Smelter Returns payable to the Optioinor to 1% of Net
Smelter Returns.

9.3           The Optionee shall be under no obligation whatsoever to place
the Claims into Commercial Production and in the event it is placed into
Commercial Production, the Optionee shall have the right, at any time, to
curtail or suspend such production as it, in its absolute discretion,
may determine.

9.4           Net Smelter Returns and the payments payable to the Optionor
hereunder shall be adjusted and paid quarterly, all within 90 days after
the end of each fiscal year during which the Claims were in Commercial
Production, the records relateing to the calculation of Net
Smelter Returns
during that fiscal year shall be audited and any adjustments shall be made
forthwith, and the audited statements shall, be delivered to the Optionor
who shall have 60 days after receipt of such statements to question in
writing their accuracy, and failing  such question, the statements shall
be deemed Correct.

9.5           For the purposes of paragraph 9.4, the Optionor or its
representatives duly appointed in writing shall have the right at all
reasonable times, upon written request, to inspect those books and
financial records of the, Optionee as are relevant to the determination of
Net Smelter Returns, and, at the expense of tbe Optionor, to make copies
thereof

10.           OPERATOR

After  the  execution of this Agreement, the Optionee, or at the Optionee's
option, its respective associate or nominee will act as the operator of the
Claim under this Agreement The Optionee, if operator, may resign as the
Operator at any time by giving 30 calendar days prior  written notice to
the Optionor, and within such 30 day  period,  the Optionee may appoint
another  party wbo covenants to act as the  operator  of  tbe
claims upon such term as the Optionee sees At.

11.           POWER AND AUTHORITY OF THE OPERATOR

After  the  execution of this Agreement, the operator shall have the  full
right power and authority  to do everything necessary or desirable in
connection  with  the exploration and developement of the Claim and to
determine the manner of operation  of  the Claims
as  a mine including, and without limiting the generality of the foregoing,
the right, power and authority to:

  (a)  Regulate access to the Claims subject only to the right of the
  parties hereto to have access to the Claims at all reasonable times  for
  the purpose of  inspecting  work  being  done thereon  but  at their
own  risk  and expense; and


  (b)  Employ and engage such employees, agents and independent
  contractors as it may consider necessary or advisable to carry out its
  duties and obligations hereunder and in this conne0ion to delegate any
of its   powers and rights   to perform its duties and obligations  hereunder,
but the operator shall not enter into  contractual relationships with an
associated company except on terms   which are   commercially
competitive,

12.           REGISTRAYION AND TRANSFER OF PROPERTY INTERESTS

Upon the request of the Optionee, the Optionor shall assist the Optionee to
record this Agreement  with  the  appropriate mining recorder and,  when
required  the Optionor shall further provide the Optionee with such recordable
documents as the Optionee and its counsel shall require to record its due
interest in respect of the Claims,

13.           FURTHER ASSURANCES

The  parties  hereto  agree to do or cause to be done all  acts or  things
necessary to implement  and  carry  into  effect  the provisions  and
intent  of  this Agreement.

14.           FORCE MAJEURE

If  the  Optionee  is  prevented from or delayed  in  cornplying with  any
provisions of this Agreement   by  reason  of  strikes,  labour disputes,
lockouts,   labour shortages, power shortages,  fires, wars, acts of God,
governmental regulations  restricting normal operations
or any other reason or reasons beyond the control of the Optionee, the time
limited for the performance  of the various provisions of this Agreement as
set  out  above shall be extended by  a  period of time equal in length to
the period of such prevention  and delay and the Optionee,
insofar as is possible, shall promptly give written notice to the, Optionor
of the particulars of  the  reasons for any prevention or delay under this
section, and  shall take all reasonable steps  to  remove  the cause of
such prevention or delay  and  shall  give written notice to the Optionor
as soon as such causes ceases to exist.

CONFIDENTIAL INFORMATION

No  informatiom  furnished  by the Optionee to the  Optionor hereunder  in
respect of the activities  carried out on the Claims by the Optionee, or
related  to  the sale of mineral products  derived  from  the Claims shall
be published  by  the  Optionor without the prior written consent  of
the  Optionee, but such consent  in  respect  of  the reporting of factual
data  shall  not  be unreasonably withheld, and shall not  be withheld  in
respect of information  required  to  be  publicly disclosed pursuant  to
applicable securities and corporation laws.

16.           ENTIRE AGREEMENT

This Agreement constitutes the entire agreement to date between the parties
hereto and supersedes every previous agreement., communication, expectation,
negotiation representation or understanding, whether oral or written express
orimplied, statutory or otherwise, between the parties hereto with respect
to the subject matterof this Agreement.

17.          NOTICE

17.1 Amy notice required to be given under this Agreement shall
be deemed to be well and sufficiently given delivered by facsimile or sent
by registered  mail, in the case of the Optionor addressed as follows:

Robert Gordon Anderson
 Seven Mile Beach
PO Box 30620. Grand Cayman

and in the case of the Optionee addressed as follows

Bluestone Venwres Inc.
 8th Floor, 1006 Beach Avenue
 Vancouver, British Columbia
V6E 1T7

and  any  notice given as aforesaid shall be deemed to have been given,  if
delivered by  facsimile,  when transmitted or if mailed, on the second
business  day after the date of mailing.

17.2         Either party hereto may from time to time by notice in
writing change its address for the purpose of this section.

18.    OPTION ONLY

Until  the  option  is  exercised, this is an option  only  and except  as
specifically provided  otherwise,  nothing  herein contained shall  be
construed  as obligating the Optionee to do any acts or make any payments
hereunder and any act or acts or payments made hereunder shall not be
construed as obligating the Optionee to do any
further acts or make any further payments.

19.          RELATIONSHIP OF PARTIES

Nothing   contained  in  this  Agreement  shall,  except  to the   extent
specifically authorized  hereunder,  be deemed to constitute either  party
hereto  a partner,  agent or legal representative of the other party.

20.          FURTHER ASSURANCES

             The parties hereto agree to do or cause to be done all acts or
things necessary to implement and carry into effect the provisions and
intent of this Agreement..

21.          TIME OF ESSENCE

Time shall be of the essence of this Agreement.

22.          TTTLES

The titles to the respective sections hereof shall not be deemed a part of
this Agreement but shall be regarded as having been used for
convenience only.

23.          CURRENCY

All funds referred to under the terms of this Agreement shall be funds
designated in the lawful currency of the United States, of America.

24.           APPLICABLE. LAW

For all purpose this Agreement will be governed exclusively by and
construed and enforced in accordance with the laws prevailing in the
Province of Ontario.

25,           ENUREMENT

This Agreement, shall enure to the benefit of and be binding upon the
parties hereto and their respective successors and assigns.

26.           ASSIGNMENT

This agreement may be assigned by either party hereto with the written
consent of the other party which consent shall not be
unreasonably withheld.

IN WITNESS WHEREOF this Agreement has been executed as of the day
and Year first above written.


Robert Gordon Anderson

In the presence of :

/s/ Greg Yanke


 THE CORPORATE SEAL of
BLUESTONE VENTURES INC,
 was hereunto affixed in the presence of