Filed by sedaredgar.com - Blackstone Lake Minerals Inc. - Exhibit 10.2






PROMISSORY NOTE

	$77,500.00 	January 23, 2009 


     1. FOR VALUE RECEIVED, Caleco
Pharma Corp., a Nevada corporation (the “Payor”), hereby unconditionally
promises to pay to the order of NY Financial (International) Corp., a British
Virgin Islands corporation (the “Payee”), in lawful money of the United
States of America in immediately available funds, on January 31, 2009 (the
“Scheduled Maturity Date”), the principal sum of Seventy-Seven Thousand
Five Hundred Dollars ($77,500.00), without interest except as provided below. To
the extent the foregoing principal amount is not fully paid by the Scheduled
Maturity Date, the unpaid portion of such principal amount, together with any
accrued but unpaid interest as provided in this sentence, shall bear interest
from and after the Scheduled Maturity Date until paid in full, compounded
monthly on the last day of each calendar month at the rate of ten percent (10%)
per annum, calculated based on the actual number of days elapsed and an assumed
year of 360 days (the “Default Rate”). This note may be prepaid in whole
or in part at any time without a premium or penalty of any kind.

     2. If the principal amount of
this note is not fully paid by the Scheduled Maturity Date, then, in addition to
all rights and remedies of the Payee under this note, under applicable law or
otherwise, all such rights and remedies being cumulative, not exclusive and
enforceable alternatively, successively and concurrently, the Payor shall
immediately reimburse to the Payee upon demand all expenses incurred by the
Payee in connection with the collection or other enforcement of this note,
including, but not limited to, attorneys’ fees and expenses. If the foregoing
expenses of collection and enforcement are not paid upon demand, such unpaid
amounts shall bear interest at the Default Rate until paid in full.

     3. The Payor (i) waives
diligence, demand, presentment, protest and notice of any kind, and (ii) agrees
that it will not be necessary for the Payee to first institute suit in order to
enforce payment of this note.

     4. The validity, interpretation
and enforcement of this note and any dispute arising in connection herewith
shall be governed by the internal laws of the State of New York (without giving
effect to principles of conflicts of law).

     5. The Payor irrevocably consents
and submits to the exclusive jurisdiction of the state courts of the State of
New York located in the County of New York and the United States District Court
whose district covers such county, and waives any objection based on venue or
forum non conveniens with respect to any action instituted therein arising under
this note. 

    6. THE PAYOR HEREBY WAIVES ANY RIGHT TO
TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING UNDER THIS
NOTE, AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION 




OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A
JURY.

     7. The Payor may not assign this
note and/or delegate any of its obligations hereunder without the written
consent of the Payee. The Payor agrees this note may be negotiated, assigned,
discounted, or pledged by the Payee or subsequent holders hereof and in every
case payment will be made to the holder of this note instead of the Payee upon
notice being given to the Payor by the Payee or subsequent holder (as
applicable), and no holder of this note will be affected by the state of
accounts between the Payor and the Payee named above or any subsequent holder or
by any equities existing between the Payor and the Payee or any subsequent
holder, and each subsequent holder will be deemed to be a holder in due course
for the value of this note held by it.

     8. If any term or provision of
this note shall be held invalid, illegal or unenforceable, the validity of all
other terms and provisions hereof shall in no way be affected thereby.

     9. The waiver by the Payee of the
Payor’s prompt and complete performance of, or default under, any provision of
this note shall not operate nor be construed as a waiver of any subsequent
breach or default, and the failure by the Payee to exercise any right or remedy
which it may possess hereunder or under applicable law shall not operate nor be
construed as a bar to the exercise of any such right or remedy upon the
occurrence of any subsequent breach or default.

     IN WITNESS WHEREOF, the Payor has
executed this note the day and year first written above.

	 	CALECO PHARMA CORP.
  
	 	 	  
	 	By: 	/s/ John Boschert__________

	 	 	Name: John Boschert 
	 	 	Title: President 


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