----

| Parties | Goldplata      Resources Peru S.A.C. care of  9 Lotissement Mont Joyeux,      Cayenne, French Guinana ("Goldplata      Peru") |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------|

|   | Goldplata      Resources Inc. care of 9 Lotissement Mont Joyeux, Cayenne, French      Guiana ("Goldplata      Resources") |
|--------|---------------------------------------------------------------------------------------------------------------------------|

|   | Goldplata      Resources Sucursal-Colombia. care of Calle 33AA No. 80C-18 La      Castellana, Medellin, Antioquia, Colombia ("Goldplata      Colombia") |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Goldplata      Corporation Limited. care of Calle 33AA No. 80C-18 La Castellana,      Medellin, Antioquia, Colombia ("Goldplata      Corporation") |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (collectively      "the      Owners") |
|--------|---------------------------------------|

|   | Goldplata      Mining International Corporation care of  9 Lotissement      Mont Joyeux, Cayenne, French Guinana ("Goldplata      Mining") |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | AND |
|--------|-----|

|   | De      Beira Goldfields Inc. of 30 Ledgar Road Balcatta, Western Australia      ("De      Beira") |
|--------|----------------------------------------------------------------------------------------------------|

| A.   | The      Owners and De Beira are parties to the Project Agreements and the Titiribi      Agreement. |
|----------------|-----------------------------------------------------------------------------------------------------|

| B.   | Goldplata      Resources is the holding company of theOwners. |
|----------------|---------------------------------------------------------------|

| C.   | The      Owners, De Beira and Goldplata Mining have  agreed: |
|----------------|--------------------------------------------------------------|

|   | (a) | that,      subject to the conditions set out in this Agreement, De Beira may assign      its rights and obligations in the Project Agreements and the Titiribi      Agreement; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | to      amend the terms of  the Project Agreements in the manner set out      in this Agreement; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------|

|   | (c) | to      the transfer of the rights held by Goldplata Colombia in the Acandi      Project to De Beira in accordance with the terms of this      Agreement. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.   | Definitions |
|----------------|-------------|

| 1.1   | Definitions |
|-----------------|-------------|

----

| 1.2   | Defined      Terms |
|-----------------|--------------------|

| 1.3   | Interpretation |
|-----------------|----------------|

| (a)   | headings      are not relevant to interpretation; |
|-----------------|---------------------------------------------------|

| (b)   | the      recitals and Annexures to this Agreement form part of it and references to      recitals, Annexures or clauses are to recitals or Annexures to, or clauses      of, this Agreement; |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | a      reference to a document (including this Agreement) is a reference to that      document as amended, supplemented or replaced from time to      time; |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | a      reference to legislation includes any amendment to it and all subordinate      legislation; |
|-----------------|----------------------------------------------------------------------------------------------------|

| (e)   | the      singular includes the plural (and vice versa), and words of any gender      include the corresponding words of the other  genders; |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------|

| (f)   | where      a word or phrase is given a defined meaning, any other part of speech or      grammatical form of that word or phrase has a corresponding      meaning; |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (g)   | the      word "includes" in      any form is not a word oflimitation; |
|-----------------|-----------------------------------------------------------------------|

----

| (h)   | if      any day appointed or specified by this agreement for the payment of any      money or doing of any thing falls on a day which is not a Business Day,      the day so appointed or specified shall be deemed to be the next Business      Day; |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | the      expression "related body      corporate" has the same meaning as it does in the Corporations Act      2001 (Cth); and |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------|

| (j)   | references      to "agree", "approve" or "consent" are to      agreement, approval or consent (as the case may be) in      writing. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | Consent      to Assignment |
|----------------|----------------------------|

| 2.1   | Acknowledgement |
|-----------------|-----------------|

| 2.2   | Due      Diligence |
|-----------------|--------------------|

| (a)   | upon      receiving written notification from De Beira of details of the Listed      Company to which De Beira proposes to assign its rights and obligations      under the Project Agreements and the Titiribi      Agreement, they will review the due diligence investigations conducted by      De Beira (including investigation of trading and financial history);      and |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | within      two weeks of being provided with the full results of De Beira's due      diligence investigations into the Listed Company, they will advise De      Beira whether they consent to the assignment.  Such consent must      not be unreasonably withheld. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | Titiribi      Agreement |
|----------------|-------------------------|

| 4.   | Goldplata      Peru warranties |
|----------------|--------------------------------|

| (a)   | the      obligations of the parties under the Titiribi Agreement have been complied      with; and |
|-----------------|----------------------------------------------------------------------------------------------------|

| (b)   | the      concessions and permits relating to the Suyckutambo Agreement, Condoroma      Agreement and the El Diablo Project, as set out in Annexure A, are all      held by Goldplata Peru and are in good standing.  Further, that      the requirements of clause 14 of the Project Agreements have been      satisfied, except in so far as they relate to El  Diablo. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.   | Suyckutambo      Agreement |
|----------------|----------------------------|

| (a)   | The      Owners acknowledge that expenditure in the sum of US$350,000 has been made      by De Beira under the Suyckutambo Agreement as at the date of this      Agreement and therefore the remaining Exploration Expenditure required to      satisfy the obligation under clause 2 of the Suyckutambo Agreement is      US$3.65 million.  The remaining Exploration Expenditure is to be      expended by De Beira as follows: |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (i)   | US$1.0      million by 31 August 2008; and |
|-----------------|--------------------------------------------|

| (ii)   | the      remaining US$2.65 million by 31 August2009. |
|------------------|------------------------------------------------------|

| (b)   | De      Beira has waived its right to elect to earn an additional 5% as provided      for under clause 5(a) of the Suyckutambo  Agreement. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Exploration      Expenditure can include expenditure on items required to advance the      Suyckutambo Property towards production suchas: |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | Land      purchase; |
|-----------------|---------------------|

| (ii)   | Metallurgical      test work and design; |
|------------------|------------------------------------------|

| (iii)   | Mine      design and development; |
|-------------------|-----------------------------------|

| (iv)   | Environmental      baseline studies and approvals; |
|------------------|----------------------------------------------------|

| (v)   | Feasibility      studies and work deemed by the technical review group ("Technical Review Group")      necessary to recommend to the Parties that the project is economic to      develop and resolve to proceed to a production phase;  and |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (vi)   | Construction      and commissioning activities. |
|------------------|-------------------------------------------------|

| (d)   | In      addition to the further US$3.65 million of Exploration Expenditure set out      above, provided that De Beira earns a 65% interest in the Suyckutambo      Property and enters into a Joint Venture Agreement with the      Owners: |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | De      Beira will sole fund additional expenditure to a maximum of US$4 million      ("Additional      Expenditure"), for all necessary technical work and the      development, construction and commissioning up to the commencement of      first production from the processing facilities, as referred to under      clause 15(g) of the Suyckutambo Agreement;and |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | If      expenditure is required over and above the Additional Expenditure to bring      the project to commencement of first production such funds must be      provided on a pro rata basis in accordance with the parties 65/35      interests in the Property or have their interests proportionally      diluted.  For the purposes of calculating any dilution, each      party will be deemed to have contributed US$8 million in      funding. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | In      accordance with clause 15(e) of the Suyckutambo Agreement, the Exploration      Expenditure and the Additional Expenditure will be treated as loans to the      Joint Venture but the Additional Expenditure must be repaid as a priority      from 100% of available cash flows and thereafter the Exploration      Expenditure and any other entitlement to payments to either party will be      made in accordance with 50% cash flow principle under clause      15(e). |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (f)   | Within      14 Business Days of signing of this Agreement, De Beira will pay Goldplata      Resources US$500,000 in consideration for the inclusion of the El Diablo      Project into the Suyckutambo Agreement.  Goldplata Peru warrants      that the El Diablo Project is not subject to any claim by a third party      nor are there any agreements granting any other rights to any other party      with respect to the El Diablo Project.. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (g)   | The      entitlement of the Owners to Gross Over Riding Royalties under clause      15(c) of the Suyckutambo Agreement is  extinguished. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------|

| (h)   | It      was intended during the Option Period that the exploration program would      be developed, ratified and identified work carried out under the direction      of an Exploration Committee comprising representatives of the Owners and      De Beira.  As the Exploration Committee has not been formally      defined or operationally effective, following the execution of this      Agreement: |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | The      Exploration Committee shall be reconstituted as the Technical Review Group      ("TRG") with the      Owners and De Beira with the representatives of De Beira having majority      voting rights. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | The      role of this group shall be expanded to include oversight of mine      feasibility studies, development of recommendations to the respective      boards of a decision to mine as well as the design and implementation of      Exploration Expenditures. |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (iii)   | The      TRG will meet at least four times per year, or as agreed by the committee      members, to review progress and success against pre determined criteria      and plan the next stage ofexploration. |
|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (iv)   | In      all other respects the duties of the TRG will include the responsibilities      of the Exploration Committee as contemplated under the terms of the      Suyckutambo Agreement, including the establishment of the programme and      budget, making cash calls for Exploration Expenditures on De Beira,      supervising and reviewing the work of the Operator.  The      Chairman of the Exploration Committee will be a representative of De Beira      or his nominated representative who must give approval in writing, on      behalf of the Exploration Committee, of all Exploration Expenditures and      provide notice of the approval to the Owners and De Beira before such      expenditure is incurred. |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.   | Condoroma      Agreement |
|----------------|--------------------------|

| (a)   | The      Owners acknowledge that expenditure in the sum of US$350,000 has been made      by De Beira under the Condoroma Agreement as at the date of this Agreement      and therefore the remaining Exploration Expenditure required to satisfy      the obligation under clause 2 of the Condoroma Agreement is US$3.65      million.  The remaining Exploration Expenditure is to be      expended by De Beira as follows: |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | US$1.0      million by 31 August 2008; and |
|-----------------|--------------------------------------------|

| (ii)   | the      remaining US$2.65 million by 31 August2009. |
|------------------|------------------------------------------------------|

| (b)   | De      Beira has waived its right to elect to earn an additional 5% as provided      for under clause 5(a) of the Condoroma  Agreement. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------|

----

| (c)   | Exploration      Expenditure may include expenditure on items required to advance the      Condoroma Property towards production suchas: |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | Land      purchase; |
|-----------------|---------------------|

| (ii)   | Metallurgical      test work and design; |
|------------------|------------------------------------------|

| (iii)   | Mine      design and development; |
|-------------------|-----------------------------------|

| (iv)   | Environmental      baseline studies and approvals; |
|------------------|----------------------------------------------------|

| (v)   | Feasibility      studies and work deemed by the technical review group ("Technical Review      Group") necessary to recommend to that the project is economic to develop      and resolve to proceed to a production phase;  and |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (vi)   | Construction      and commissioning activities. |
|------------------|-------------------------------------------------|

| (d)   | In      addition to the further US$3.65 million of Exploration Expenditure set out      above, assuming that De Beira earns a 65% interest in the Condoroma      Property and enters into a Joint Venture Agreement with the      Owners: |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | De      Beira will sole fund additional expenditure to a maximum of US$4 million      ("Additional Expenditure"), for all necessary technical work and the      development, construction and commissioning up to the commencement of      first production from the processing facilities, as referred to under      clause 15(g) of the Condoroma Agreement;and |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | If      expenditure is required over and above the Additional Expenditure to bring      the project to commencement of first production such funds must be      provided on a pro rate basis in accordance with the parties 65/35      interests in the Property or have their interests proportionally      diluted.  For the purposes of calculating any dilution, each      party will be deemed to have contributed US$8 million in      funding. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | In      accordance with clause 15(e) of the Condoroma Agreement, the Exploration      Expenditure and the Additional Expenditure will be treated as loans to the      Joint Venture but the Additional Expenditure must be repaid as a priority      from 100% of available cash flows and thereafter the Exploration      Expenditure and any other entitlement to payments to either party will be      made in accordance with 50% cash flow principle under clause      15(e). |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (f)   | The      entitlement of the Owners to Gross Over Riding Royalties under clause      15(c) of the Condoroma Agreement is  extinguished. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------|

| (g)   | It      was intended during the Option Period that the exploration program would      be developed, ratified and identified work carried out under the direction      of an Exploration Committee comprising representatives of the Owners and      De Beira.  As the Exploration Committee has not been formally      defined or operationally effective, following the execution of this      Agreement: |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | The      Exploration Committee shall be reconstituted as the Technical Review Group      ("TRG") with the Owners and De Beira with the representatives of De Beira      having majority voting rights. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | The      role of this group shall be expanded to include oversight of mine      feasibility studies, development of recommendations to the respective      boards of a decision to mine as well as the design and implementation of      Exploration Expenditures. |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (iii)   | The      TRG will meet at least four times per year, or as agreed by the committee      members, to review progress and success against pre determined criteria      and plan the next stage ofexploration. |
|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (iv)   | In      all other respects the duties of the TRG will include the responsibilities      of the Exploration Committee as contemplated under the terms of the      Condoroma Agreement, including the establishment of the programme and      budget, making cash calls for Exploration Expenditures on De Beira,      supervising and reviewing the work of the Operator.  The      Chairman of the Exploration Committee will be a representative of De Beira      or his nominated representative who must give approval in writing, on      behalf of the Exploration Committee, of all Exploration Expenditures and      provide notice of the approval to the Owners and De Beira before such      expenditure is incurred. |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.   | De      Beira right to withdraw or sell |
|----------------|-----------------------------------------|

| 7.1   | Notice      of withdrawal or sale |
|-----------------|-----------------------------------|

| (a)   | At      any time after De Beira has earned a 65% interest in the Condoroma      Property or the Suyckutambo Property, De Beira will have a period of 120      days to decide and commit to funding that project into commercial      production, as contemplated by the process in clause 15(g) of the relevant      Project Agreement. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Where      De Beira decides to not commit to the funding as provided for in clause      7.1(a) then De Beira must give notice to the Owners to either withdraw      from the relevant project in accordance with clause 7.2 or attempt to sell      its interest in the relevant project in accordance with clause      7.3. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | If      De Beira does commit to the funding as provided for in clause 7.1(a) then      De Beira will undertake project development as defined in any feasibility      study and assure development in line with normal industry operating      standards and protocols. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.2   | Withdrawal |
|-----------------|------------|

| (a)   | Where      De Beira gives notice to the Owners that it elects to merely withdraw from      a particular project then it may do so without incurring further      expenditure and De Beira's interest in that project reverts to the      Owners. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | The      withdrawal by De Beira does not limit the Owners' rights in relation to      any antecedent breaches committed by De Beira under the relevant Project      Agreement or the terms of this Agreement prior to    withdrawal. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.3   | Sale |
|-----------------|------|

| (a)   | Where      De Beira gives notice to the Owners that it elects to sell its interest      under a particular Project Agreement then it must first offer that      interest to the Owners in accordance with clause  8. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Any      sale by De Beira does not limit the Owners' rights in relation to any      antecedent breaches committed by De Beira under the relevant Project      Agreement or the terms of this Agreement prior to any  sale. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 8.   | Pre-emption      on sale |
|----------------|--------------------------|

| 8.1   | Permitted      sale |
|-----------------|---------------------|

| 8.2   | Pre-emptive      rights |
|-----------------|-------------------------|

| (a)   | Subject      to clause 8.2(b), if De Beira ("Selling Party") intends      to sell its interest in a Project Agreement ("Interest") to a third      party, it will provide a notice ("Sale Notice") to      Goldplata Mining ("Continuing Party"),      giving details as of the Interest (“Sale Interest”) and the      price payable for the Sale Interest,whereupon: |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | the      Continuing Party may at any time within 20 Business Days after the Sale      Notice, notify the Selling Party that they wish to acquire the Sale      Interest  for a price equal to the price specified in the Sale      Notice; |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | If      a Continuing Party gives a notice to the Selling Party in accordance with      clause 8.2(a)(i), the Selling Party will sell the relevant Sale Interest      to the Continuing Party and the Continuing Party will pay the relevant      price for the Sale Interest to the Selling Party within 20 Business Days      of such notice; and |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (iii)   | If      a Continuing Party does not give a notice in accordance with clause      8.2(a)(i), the Selling Party will be free to sell the relevant Sale      Interest to a third party (provided that the price payable for the Sale      Interest is not less than that specified in the Sale    Notice). |
|-------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Any      transfer from a Selling Party to a related body corporate of such Selling      Party will not be considered as a transfer to which clause 8.2(a)      applies. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.3   | Deed      of assumption |
|-----------------|-------------------------|

| 8.4   | Reciprocal      Rights |
|-----------------|------------------------|

| 9.   | Transfer      of Acandi Project |
|----------------|---------------------------------|

| (a)   | De      Beira pays US$220,000 to Goldplata Colombia within 5 Business Days of the      date of this Agreement (or under such other arrangement that the parties      may separately agree upon), to satisfy current expenditure commitments for      the Acandi Project; |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | De      Beira pays Goldplata Colombia US$20,000 per month to satisfy care and      maintenance obligations for the Acandi Project, starting on 1 August 2007      until 30 November 2007 at which time it will be jointly decided if the      parties wish to proceed with the project or that they mutually agree to      sell the project to a third party (The sale of the project to any third      party will be conditional upon Goldplata Colombia having a first right of      refusal and the parties agree to apply the principles in clause 8 of this      Agreement and treat the sale of the Acandi Interest as if it were De Beira      selling that interest to the third party as contemplated under that      clause); and |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (c)   | De      Beira pays Goldplata Mining a 1% net smelter royalty ("1% NSR") arising from      the Acandi Interest.  The 1% NSR will be governed by an      agreement between De Beira and Goldplata Colombia in the same terms of      Annexure C to the Suyckutambo Agreement ("NSR      Agreement").  De Beira and Goldplata Mining will enter      into the NSR Agreement contemporaneously with the transfer of the Acandi      Interest. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Goldplata      Colombia will procure from Minerales del Darien S.A. and Minerales del      Acandi S.A an acknowldgement and a consent of its assignment of the Acandi      Interest. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.   | Waiver |
|-----------------|--------|

| 11.   | Further      documents |
|-----------------|------------------------|

| (a)   | The      parties undertake to negotiate in good faith to enter into the deeds which      amend the Project Documents, as soon as practicable after the date of this      Agreement, which will contain the amendments provided for in this      Agreement. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Notwithstanding      clause 11(a), the parties agree and acknowledge that this Agreement sets      out the essential terms of their agreement with respect to the amendment      of the Project Documents. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.   | Legally      binding |
|-----------------|----------------------|

| 13.   | General |
|-----------------|---------|

| 13.1   | Confidentiality |
|------------------|-----------------|

| (a)   | The      parties agree to keep confidential the existence of this Agreement and,      subject to the remainder of this clause 13.1, will not disclose those      matters other than to a related body corporate or other person reasonably      having a need to know about such matters, provided that such disclosure      must be made on a confidentialbasis. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Subject      to clause 13.1(c), no party will make any public announcement in relation      to any of the matters described in clause 13.1(a) without the prior      approval of the other parties as to the form, content and timing of such      announcement. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | The      prohibition in clause 13.1(b) does not apply to the extent that a party is      required to make disclosure: |
|-----------------|-----------------------------------------------------------------------------------------------------------------------|

| (i)   | to      comply with the requirements of any law or rules of an applicable stock      exchange; or |
|-----------------|---------------------------------------------------------------------------------------------------|

----

| (ii)   | for      the purpose of obtaining any consent, authorisation, approval or licence      from a government authority, |
|------------------|---------------------------------------------------------------------------------------------------------------------|

| (iii)   | in      which case that party will not be required to obtain the prior approval of      the other parties, but in which case clause 13.1(d) will      apply. |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | A      party required to make an announcement or disclosure in accordance with      clause 13.1(c)(i) must not do so unless it has given the other parties 3      Business Days' notice of such requirement (or such shorter period of      notice as the relevant law or rules of the applicable stock exchange      allow) and has consulted with the other parties to the fullest extent      possible in relation to the content of the  notice. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | This      clause 13.1 continues in full effect until the date which is 3 years after      the date of termination or expiry of this  Agreement. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.2   | Further      acts |
|------------------|-------------------|

| 13.3   | Notices |
|------------------|---------|

| (a)   | A      notice or other communication under or in connection with this Agreement      ("Notice") must be      in writing, signed by or for the sending party and sent by post, with a      copy transmitted by facsimile, to the address of the relevant receiving      party as notified from time totime. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | A      Notice transmitted by facsimile in accordance with clause 13.3(b) will be      deemed to have been  received by the receiving party when the      sender's facsimile machine records that it was transmitted without      error. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.4   | Costs      and stamp duty |
|------------------|---------------------------|

| (a)   | Subject      to clause 13.4(b), the parties will each bear their respective legal and      other costs associated with the negotiation and execution of, and      performance of their obligations under, this  Agreement. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | De      Beira will bear the costs of any stamp duty (including any penalties for      late lodgement or non-payment of duty) assessed in relation to this      Agreement and the transactions itcontemplates. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.5   | Amendments |
|------------------|------------|

| 13.6   | Assignment |
|------------------|------------|

| 13.7   | Entire      agreement |
|------------------|-----------------------|

----

| 13.8   | Counterparts |
|------------------|--------------|

| 13.9   | Governing      law and jurisdiction |
|------------------|-------------------------------------|

| Signed by Michel Juilland for and on behalf      of Goldplata Resources Peru      S.A.C. in the presence      of: |   |   | /s/ Michel    Juilland |
|----------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------------------|
| Signature                                                                                                                        |
| /s/ Juan Carlos      Alcalde                                                                                                     |   |   |                   |
| Signature      of Witness Juan      Carlos Alcalde                                                                          |   |   |                   |
| Name      of Witness in full                                                                                                     |

| Signed by Michel      Juilland for and on behalf      of Goldplata Mining International      Corporation in the presence      of: |   |   | /s/ Michel    Juilland |
|--------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------------------|
| Signature                                                                                                                                        |
| /s/ Juan Carlos      Alcalde                                                                                                                     |   |   |                   |
| Signature      of Witness Juan      Carlos Alcalde                                                                                          |   |   |                   |
| Name      of Witness in full                                                                                                                     |

| Signed by Michel      Juilland for and on behalf      of Goldplata Resources      Inc. in the presence      of: |   |   | /s/ Michel    Juilland |
|--------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------------------|
| Signature                                                                                                                      |
| /s/ Juan Carlos      Alcalde                                                                                                   |   |   |                   |
| Signature      of Witness Juan      Carlos Alcalde                                                                        |   |   |                   |
| Name      of Witness in full                                                                                                   |

----

| Signed by Georges      Juilland for and on behalf      of Goldplata Corporation      Limited. in the presence      of: |   |   | /s/ Georges    Juilland |
|---------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-------------------------|
| Signature                                                                                                                             |
| /s/ Juan Carlos      Alcalde                                                                                                          |   |   |                    |
| Signature      of Witness Juan      Carlos Alcalde                                                                               |   |   |                    |
| Name      of Witness in full                                                                                                          |

| Signed by Georges      Juilland for and on behalf      of Goldplata Resources      Sucursal-Colombia. in the presence      of: |   |   | /s/ Georges    Juilland |
|-----------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-------------------------|
| Signature                                                                                                                                     |
| /s/ Juan Carlos      Alcalde                                                                                                                  |   |   |                    |
| Signature      of Witness Juan      Carlos Alcalde                                                                                       |   |   |                    |
| Name      of Witness in full                                                                                                                  |

| Signed by Reginald N      Gillard for and on behalf      of De Beira Goldfields      Inc.  in the presence      of: |   |   | /s/ Reginald N      Gillard |
|-----------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-----------------------------|
| Signature                                                                                                                               |
| /s/ Juan Carlos      Alcalde                                                                                                            |   |   |                        |
| Signature      of Witness Juan      Carlos Alcalde                                                                                 |   |   |                        |
| Name      of Witness in full                                                                                                            |

| Signed by Susmit Shah for and on behalf      of De Beira Goldfields      Inc.  in the presence      of: |   |   | /s/ Susmit  Shah |
|-----------------------------------------------------------------------------------------------------------------------------|--------|--------|------------------|
| Signature                                                                                                                   |
| /s/ Juan Carlos      Alcalde                                                                                                |   |   |             |
| Signature      of Witness Juan      Carlos Alcalde                                                                     |   |   |             |
| Name      of Witness in full                                                                                           |

----

----