Exhibit 10.19

                     TRANSFER OF LAKE OWEN OPTION AGREEMENT

         THIS TRANSFER OF THE LAKE OWEN OPTION AGREEMENT (the "Agreement") is
made and entered into this day of February, 2002, (the "Effective Date") by and
between General Minerals Corporation, a Delaware corporation ("General
Minerals"), Trend Mining Company, a Delaware corporation ("Trend"), Ron Nash, an
individual ("Nash"), and Howard Schraub, an individual ("Schraub").

                                    RECITALS

         Reference is made to the Agreement (the "Lake Owen Option Agreement"),
effective as of July 27, 1999, between General Minerals and Trend, and to an
Amendment to the Lake Owen Option Agreement (the "Lake Owen Amendment) effective
as of June 12, 2000, between General Minerals and Trend. Pursuant to the Lake
Owen Option Agreement, General Minerals now desires to transfer its interest in
the Lake Owen Option Agreement and Lake Owen Amendment to third parties Nash and
Schraub.

                                    AGREEMENT

         NOW THEREFORE, for good and valuable consideration of $89,107.00, the
receipt and sufficiency of which is hereby acknowledged, General Minerals,
Trend, Nash, and Schraub hereby agree as follows:

         1)       As of the Effective Date all of the interest held by General
                  Minerals in the Lake Owen Option Agreement, as modified by the
                  Lake Owen Amendment, is hereby irrevocably transferred to Nash
                  and Schraub, who as individuals shall henceforth have an equal
                  interest in said rights and interests.

         2)       Pursuant to the Article XIV.2 of the Agreement, Trend hereby
                  affirmatively waives any and all notice requirements and
                  pre-emptive rights it may have by virtue of said Article, and
                  affirmatively states that it has no objection to the transfer
                  of this interest.

         3)       The Royalty, as that termed is defined in the Lake Owen Option
                  Agreement, Article I, shall be retained by Chevron
                  Corporation, and to the extent it may be entitled, by General
                  Minerals.

         4)       Each party will be responsible for its own expenses in
                  connection with all matters relating to the transactions
                  described herein including but not limited to legal fees,
                  broker fees, and other expenses except that any escrow fees
                  shall be shared equally by the parties.


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         5)       This Agreement contains the entire agreement and understanding
                  between the parties. This Agreement shall be governed and
                  interpreted in accordance with the laws of Colorado. Any
                  disputes arising out of this Agreement shall be settled by
                  mandatory and binding arbitration in the State of Colorado.

         6)       This Agreement may be executed by facsimile and in two or more
                  counterparts, each of which shall be deemed to be an original,
                  and all of which taken together shall constitute one and the
                  same instrument.

         IN WITNESS  WHEREOF,  the Parties  hereto have  executed  this Transfer
Agreement and made it effective as of the date first written above.

GENERAL MINERALS CORPORATION,                    TREND MINING COMPANY,
a Delaware corporation                           a Delaware corporation

By:/s/ Ralph Fitch                               By:/s/ Kurt Hoffman
Name: Ralph Fitch                                Name: Kurt Hoffman
Title: President                                 Title: President





___________________________                      _____________________________
Ron Nash, an Individual                          Howard Schraub, an Individual



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