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|   | A. | "Acts" means all legislation, as amended from time to time, of the jurisdiction in which the Property is located, applicable to the Property, including all Mining Exploration Operations. |
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|   | B. | "Affiliate" shall have the meaning attributed to it in the Canada Business Corporations Act, R.S.C. 1985, c. C-44, as amended; |
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|   | C. | "Assets" means all tangible and intangible goods, chattels, improvements, or other items including, without limiting the generality of the foregoing, land, buildings, and equipment. |
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|                         D. | "Costs" means all items of outlay and expense whatsoever, direct or indirect, with respect to mining exploration operations, recorded by the Operator in accordance with this agreement. |
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|   | E. | "Currency" means all dollar amounts expressed in this agreement in lawful currency of Canada. |
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|   | F. | "Expenditures" means all costs, expenses and charges, direct and indirect, of or incidental to the Mining Exploration Operations incurred by the Optionee including, without limiting the generality of the foregoing, a charge for administrative services of the Option agreement not exceeding [10%] of the amount of the costs, expenses and charges of the 2 million dollar expenditure budget. |
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|   | G. | "Interest" means the undivided beneficial percentage interest of each party retained or earned as a result of this agreement in the Property. |
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|  H.     | "Minerals" shall mean the end products derived from the operations of mining processes and mining operations upon the Property as a mine; |
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|   | I. | "Mining Exploration Operations" means every kind of work done on or in respect of the Property, during the subsistence of the Option by or under the direction of the Optionee/Operator including, without limiting the generality of the foregoing, the work of assessment, geophysical, geochemical and geological surveys, studies and mapping, investigating, drilling, designing, examining, equipping, improving, surveying,searching for, digging, trucking, sampling, working and procuring mineral ores and metals, surveying and all other work usually considered to be prospecting, exploration, resource development and mining exploration. |
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|   | J. | "Operator" means the party appointed as the Operator in accordance with this agreement, as being David L. Gibson/Gibson and Associates or assigns of the Operator. |
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|   | K. | "Optionor" means Warrior Ventures Incorporated. |
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|   | L. | "Optionee" means Coastal Pacific Mining Corp. |
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|                         M. | "Program" means any program to carry our work and incur Costs on the Property and includes as the context requires: |
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|   | i. | a document or documents wherein there is specified in reasonable detail an outline of any and all research, prospecting and exploration and development work proposed to be carried out during the program, the estimated Costs as to be incurred in carrying out the work is to be undertaken and |
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|   | ii. | the preparation of any feasibility report, and shall include any amendments to a program as may be agreed upon by the Optionor and Optionee. |
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|   | N. | "Property" means all of the mineral claims outlined and described in schedule "A". |
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|   | O. | "this Option Agreement" refers to and collectively includes this agreement and every schedule attached. |
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| (a)   | Expenditures. The Optionee agrees under the terms of this agreement to fund a 2 million dollars exploration program within the first year of signing the agreement upon the Property through a prepared mining exploration work program. Costs shall only be incurred under and pursuant to Programs preparedby the Operator. The Operator shall be entitled to an allowance for a cost overrun of [10%] in addition to any budgeted costs. |
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| (b)   | Preparation of Programs. The Operator shall prepare, or have prepared, a designated work program, containing a statement in reasonable detail the proposed mining exploration operations to be conducted along with estimates of all costs to be incurred. |
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| (c)   | Commencement of Program. The Operator will proceed with the work upon election of an approved exploration program design and budget in conjunction with the secured financing of the Optionee's work commitment expenditure of2 million dollars. |
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| (d)   | Program Update. The Operator will supply progress and program updates to the Optionee and Optionor on a weekly to bi-weekly basis. |
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| (e)   | Distribution of Funds. The 2 million dollars will be placed in trust with a designated trust agent selected by the Operator for distribution in accordance with the on-going expenditures incurred during the process of the designated work program(s). The Operator will submit to the trust agent invoiceson a bi-weekly basis for payment of costs incurred payable upon receipt. An advance of30% of the funds held in trust, will be forwarded to the Operator for distribution to the contractors for the commencement of work program (s), know as startup capital. |
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|   | 9. Title to and Option of the claims. |
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|   | Optionor's representations and warranties. |
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|   | The Optionor represents and warrants to the Optionee that: |
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|   | 10. Grant of Option to earn Interest. The Optionor grants to the Optionee the right to earn a 40% interest in the Property through the entire completion of the terms of this agreement, for a period of 2 years from the date of signing of this agreement. No partial interest will be incurred through partial completion of this agreement. This right may be exercisedin the manner referred to in item 12. |
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|   | 11. Lapse of Acceleration of the Option. The Optionee let the working right lapse by failing to make any of the payments referred to in Item 4, or may accelerate any or all of these payments or expenditures as outlined in Item 4 to complete the terms of this agreement. |
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|   | 12. Maintenance of the Property. The Optionee agrees that during the currency of the Option, the Operator shall file all work from the designated work program(s), in the form of assessment work, to maintain the Property in good standing and pay all taxes, assessment fees, and other charges lawfully leviedor assessed against the Property from the 2 million dollar work expenditure budget, except for any part of the Property abandoned pursuant to Item 13. The Optionor shall transmit promptly to the Operator any notices pertaining to the taxes, assessments and other charges. |
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|   | 13. Abandonment. The Optionee may at any time, during the currency of the Option, abandon anyone or more of the claims, which comprise the Property. The Optionee shall give the Optionor notice in writing of any abandonment. In the event that any of the claims comprising the Property are abandoned (including the termination of this Option Agreement without the Optioneehaving exercised the Option), the Optionee will ensure that the claims are in good standing for a period of at least 6 months from the notice of abandonment. |
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|   | 14. Assessment work. The Operator shall file, on behalf of the Optionee, in whole, the assessment credits as may become available from the mining exploration operations conducted upon the Property during the currency of this agreement. |
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|   | 15. Indemnity. The Optionee shall indemnify and save the Optionor harmless from and against all losses, liabilities, claims, demands, damages, expenses, suits, injury or death in any way referable to the formation of this agreement, provided, that the Optionor shall not be indemnified for any losses, liabilities, claims, demands, damages, expenses, suits, injuryor death resulting from negligence or willful misconduct of the Optionor or its employees, agents, directors, officers, or contractors. The Operator will indemnify and save the Optionor and the Optionee harmless from and against all losses, liabilities, claims, demands, damages, expenses, suits, injury or death arising from the conducted work program(s). |
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|   | 16. Interest Earned. If the Optionee has, on or before the 28th of May 2011 made the payments referred to in Item 4 (ii), and incurred the Expenditures referred to in Item 4 (i), and issuance of capital stock in Coastal Pacific Mining Corp. as referred to in Item 4, the Optionee shallhave the right, by giving written notice to the Optionor on or before the 27th of May, 2011, to become the owner of a 40% undivided interest in all or that part(s) of the Property as the Optionee elects and will be registered upon title of the Property upon full completion oft he agreement. |
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|   | 17. Assignment of Interest. During the currency of the Optionee and Optionor shall not, except as set out, sell, transfer nor assign this Option Agreement or their right or beneficial interest in the Property without the consent of the other party. Either party shall be permitted to assign this Option agreement to an Affiliate on the assigning party providing aguarantee, in form satisfactory to the Agreement. Any assignment shall be subject to the assignee entering into an agreement, in forma and substance satisfactory to counsel for the other party. |
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|   | 18. Area of Interest. The area of interest shall be deemed to comprise that area which is included within 3 kilometers of the outermost boundary of the mineral properties which constitute the Property as outlined in Schedule A. |
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|   | 19. Encumbrances. During the currency of the Option the Optionor and Optionee shall not pledge, mortgage, charge, or otherwise encumber their beneficial interest in the Property or their rights under this Option Agreement. |
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|   | 20. Limitations of Obligations of Optionee. It is understood and agreed that: |
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|   | (a) that the Optionee shall make cash payments, issue capital stock in Coastal Pacific Mining Corp. and incur expenditure as outlined in Item 4. |
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|   | (b) Subject to the terms of this agreement, the Optionee may at any time abandon the working right in the option as in Item 13. |
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|   | (c) In the event that the Optionee abandons the Option agreement or fails to complete the terms of the agreement then no fractional or partial interest in the Property will be granted and no monies will be refunded or returned to the Optionee for cash payments made and expenditures incurred upon the Property. |
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|   | 21. Equipment. In the event that the Optionee abandons the working right and option agreement all buildings, plant, equipment, machinery, tools, appliances and supplies which the Optionee may have brought on the Property, either before or during the period of the working option, may be removed by the Optionee at any time not later than six months after the abandonmentof the option. Any buildings, plant, equipment, machinery, tools, appliances and supplies left on the Property during the six month period shall be at the Optionee's sole risk and, if not removed after the six-month period, shall be removed by the Optionor at expenses to the Optionee. |
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|   | 22. Information. All information in the form of maps, plans, drill logs, and surveys will become the property of the Optionor, and shall be delivered to the Optionee upon completion of the Option agreement. |
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|   | 23. Time. Time shall be of the essence of this agreement and of every part of it and no extension or variation of this agreement shall operate as a waiver of this provision. |
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|   | 24. Confidentiality of information. All information and data concerning or derived from the mining exploration operations shall be kept confidential and, except to the extent required by law, regulation or policy of any Securities Commission or Stock Exchange, or in connection with the filing of an annual information form, or prospectus or statement of materialfacts by any party or any of its affiliates, shall not disclose to any person other than an affiliate without the prior consent of the Operator any information related to the exploration of the Property. |
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|   | 25. Entire Agreement. With respect to the subject-matter of this agreement, this agreement: |
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|   | (a) Sets forth the entire agreement between the parties and any person who have in the past or who are now representing either of the parties; |
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|   | (b) Supersedes all prior understandings and communications between the parties or any of them, oral or written and |
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|   | (c) Constitutes the entire agreement between the parties. |
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|  Optionor                                      |   |   |  Optionee                       |   |
|----------------------------------------------------------|--------|--------|--------------------------------------|--------|
|  Warrior Ventures Inc.                         |   |   |  Coastal Pacific Mining Corp.   |   |
|  222 Main Street                          |   |   |  927 Drury Ave. NE              |   |
|  Airdrie, AB               |   |   |  Calgary, AB  T2E 0M3 |   |
|                                                     |   |   |                                 |   |
| /s/D. Gibson                                             |   |   | /s/ J.K. Berscht                     |   |
| Name: D. Gibson, President      |   |   | Name: J.K. Berscht, President   |   |
| Date: May 27/09                                          |   |   | Date: May 27/09                      |   |

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| Township/Area | Claim Number | Recording Date | Claim Due Date | Status | Percent Option | Work Required | Total Applied | Total Reserve | Claim Bank |
|---------------|--------------|----------------|----------------|--------|----------------|---------------|---------------|---------------|------------|
| MCNEIL        | 1204585      | 2003-Jul-08    | 2010-Feb-03    | A      | 100 %          | $ 4,000       | $ 12,000      | $ 1,378       | $ 0        |
| MCNEIL        | 1219237      | 2003-Dec-08    | 2010-Jul-06    | A      | 100 %          | $ 3,200       | $ 9,600       | $ 1,838       | $ 0        |
| MCNEIL        | 1219273      | 2003-Dec-08    | 2010-Jul-06    | A      | 100 %          | $ 1,200       | $ 3,600       | $ 0           | $ 0        |
| MCNEIL        | 1237005      | 2006-Oct-02    | 2010-Oct-02    | A      | 100 %          | $ 6,000       | $ 12,000      | $ 891         | $ 0        |
| MCNEIL        | 1237006      | 2007-May-23    | 2010-May-23    | A      | 100 %          | $ 2,800       | $ 2,800       | $ 0           | $ 0        |
| MCNEIL        | 1237010      | 2007-May-23    | 2010-May-23    | A      | 100 %          | $ 6,400       | $ 6,400       | $ 0           | $ 0        |
| MCNEIL        | 1237100      | 2007-May-23    | 2010-May-23    | A      | 100 %          | $ 6,400       | $ 6,400       | $ 0           | $ 0        |
| MCNEIL        | 1237409      | 2007-May-23    | 2010-May-23    | A      | 100 %          | $ 6,400       | $ 6,400       | $ 0           | $ 0        |
| MCNEIL        | 1248527      | 2003-Oct-21    | 2010-May-19    | A      | 100 %          | $ 4,000       | $ 12,000      | $ 81          | $ 0        |
| MCNEIL        | 3010873      | 2003-Feb-21    | 2010-Sep-19    | A      | 100 %          | $ 6,000       | $ 24,000      | $ 3,776       | $ 0        |
| MCNEIL        | 3010874      | 2003-Feb-21    | 2010-Sep-19    | A      | 100 %          | $ 3,200       | $ 12,800      | $ 2,690       | $ 0        |
| MCNEIL        | 3012718      | 2003-Jul-17    | 2010-Feb-12    | A      | 100 %          | $ 6,400       | $ 19,200      | $ 26,855      | $ 0        |
| MCNEIL        | 3012719      | 2003-Jul-17    | 2010-Feb-12    | A      | 100 %          | $ 4,800       | $ 14,400      | $ 1,378       | $ 0        |
| MCNEIL        | 4211423      | 2006-May-03    | 2010-May-03    | A      | 100 %          | $ 6,400       | $ 12,800      | $ 0           | $ 0        |
| MCNEIL        | 4211424      | 2006-May-03    | 2010-May-03    | A      | 100 %          | $ 6,400       | $ 12,800      | $ 0           | $ 0        |
| MCNEIL        | 4214664      | 2007-Apr-03    | 2010-Apr-03    | A      | 100 %          | $ 3,200       | $ 3,200       | $ 2,216       | $ 0        |
| MCNEIL        | 4214920      | 2007-Apr-03    | 2010-Apr-03    | A      | 100 %          | $ 6,400       | $ 6,400       | $ 1,379       | $ 0        |
| ROBERTSON     | 1219270      | 2003-Dec-08    | 2010-Jul-06    | A      | 100 %          | $ 6,400       | $ 19,200      | $ 0           | $ 0        |
| ROBERTSON     | 1219271      | 2003-Dec-08    | 2010-Jul-06    | A      | 100 %          | $ 6,400       | $ 19,200      | $ 0           | $ 0        |
| ROBERTSON     | 1219272      | 2003-Dec-08    | 2010-Jul-06    | A      | 100 %          | $ 6,400       | $ 19,200      | $ 0           | $ 0        |

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