Filed by Automated Filing Services Inc. (604) 609-0244 - Merrit Ventures Corp. - Exhibit 10.3






PURCHASE AGREEMENT

THIS AGREEMENT dated for reference the 30th
day of November, 2004.

	BETWEEN: 
	 
	               
                         
         MULTI METAL MINING CORP., of Suite B – 801
      South Rancho Drive, 
	               
                         
         Las Vegas, Nevada 89106 
	 
	               
                         
         (hereinafter called the “Vendor”) 
	OF THE FIRST PART 
	 
	AND: 
	 
	               
                         
         MERRITT VENTURES CORP., of 810 Peace Portal
      Drive, 
	               
                         
         Suite 201, Blaine, WA 98230 
	 
	               
                         
         (hereinafter called the “Purchaser”) 
	OF THE SECOND PART
	 
	WHEREAS: 


A.          The
Vendor is the beneficial owner of the mineral claim described in Schedule “A”
hereto (the “Property”);

B.          The
Vendor wishes to sell a 100% undivided interest in and to the Property to the
Purchaser and the Purchaser wishes to acquire such interest pursuant to the
terms and conditions hereinafter set out;

NOW THEREFORE THIS AGREEMENT WITNESSES that in
consideration of the premises and of the mutual covenants and agreements
hereinafter contained, the parties hereto agree as follows:

VENDOR’S REPRESENTATIONS AND WARRANTIES

	1. 	
      The Vendor represents and warrants to the Purchaser
      that:

	 	 	 
		(a) 	
      it has been duly incorporated, amalgamated or continued
      and validly exists as a corporation in good standing under the laws of its
      jurisdiction of incorporation, amalgamation or continuation;

	 	 	 
		(b) 	
      it has duly obtained all corporate authorizations for the
      execution of this Agreement and for the performance of this Agreement by
      it, and the consummation of the transactions 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 encumbrance under the provisions of the Articles or the constating
      documents of the Vendor or any shareholders’ or directors’ resolution,
      indenture, agreement or other instrument whatsoever to which the Vendor is
      a party or by which it is bound or to which it or the Property may be
      subject; and








	 	(c) 	
      no proceedings are pending for, and the Vendor is unaware
      of any basis for the institution of any proceedings leading to, the
      dissolution or winding up of the Vendor or the placing of the Vendor in
      bankruptcy or subject to any other laws governing the affairs of insolvent
      corporations.

	 	 	 
	 	(d) 	
      It is the sole beneficial owner of a 100% interest in and
      to the Property;

	 	 	 
	 	(e) 	
      The claim comprising the Property has been, to the best
      of the information and belief of the Vendor, properly located and staked
      and recorded in compliance with the laws of the jurisdiction in which it
      is situate, is accurately described in Schedule “A” and is a valid and
      subsisting mineral claim as at the date of this Agreement;

	 	 	 
	 	(f) 	
      The Property is in good standing under all applicable
      laws and regulations, all assessment work required to be performed and
      filed has been performed and filed, all taxes and other payments have been
      paid and all filings have been made;

	 	 	 
	 	(g) 	
      The Property is free and clear of any encumbrances, liens
      or charges and neither the Vendor nor, to the best of the Vendor’s
      knowledge, any of his predecessors in interest or title, have done
      anything whereby the Property may be encumbered; and

	 	 	 
	 	(h) 	
      it has the right to enter into this Agreement and to deal
      with the Property in accordance with the terms of this Agreement, there
      are no disputes over the title to the Property, and no other party has any
      interest in the Property or the production therefrom or any right to
      acquire any such interest.



PURCHASER’S REPRESENTATIONS AND WARRANTIES

	2. 	
      The Purchaser represents and warrants to the Vendor
      that:

	 	 	 
		(a) 	
      it has been duly incorporated, amalgamated or continued
      and validly exists as a corporation in good standing under the laws of its
      jurisdiction of incorporation, amalgamation or continuation;

	 	 	 
		(b) 	
      it has duly obtained all corporate authorizations for the
      execution of this Agreement and for the performance of this Agreement by
      it, and the consummation of the transactions 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 encumbrance under the provisions of the Articles or the constating
      documents of the Purchaser or any shareholders’ or directors’ resolution,
      indenture, agreement or other instrument whatsoever to which the Purchaser
      is a party or by which it is bound or to which it or the Property may be
      subject; and

	 	 	 
		(c) 	
      no proceedings are pending for, and the Purchaser is
      unaware of any basis for the institution of any proceedings leading to,
      the dissolution or winding up of the Purchaser or the placing of the
      Purchaser in bankruptcy or subject to any other laws governing the affairs
      of insolvent corporations.







-3-

SURVIVAL OF REPRESENTATIONS AND WARRANTIES

3.          The
representations and warranties in this Agreement shall survive the closing of
this transaction and shall apply to all assignments, conveyances, transfers and
documents delivered in connection with this Agreement and there shall not be any
merger of any representations and warranties in such assignments, conveyances,
transfers or documents notwithstanding any rule of law, equity or statute to the
contrary and all such rules are hereby waived. The Vendor shall have the right
to waive any representation and warranty made by the Purchaser in the Vendor’s
favour without prejudice to any of its rights with respect to any other breach
by the Purchaser and the Purchaser shall have the same right with respect to any
of the Vendor’s representations in the Purchaser’s favour.

PURCHASE AND SALE

4.          The
Vendor hereby sells and assigns and the Purchaser hereby purchases a 100%
undivided interest in and to the Property for the sum of $6,000 US payable on or
before January 31, 2005.

FURTHER ASSURANCES

5.          Upon
payment of the Purchase Price the Vendor shall cause to be executed a Bill of
Sale or such other documents as the Purchaser may reasonably require
transferring a 100% undivided interest in and to the Property to the Purchaser
or its nominee which the Purchaser shall be at liberty to record forthwith. The
parties shall execute all further documents or assurances as may be required to
carry out the full intent of this Agreement.

NOTICE

6.          Each
notice, demand or other communication required or permitted to be given under
this Agreement shall be in writing and shall be delivered, telegraphed or
telecopied to such party at the address for such party specified above. The date
of receipt of such notice, demand or other communication shall be the date of
delivery thereof if delivered or telegraphed or, if given by telecopier, shall
be deemed conclusively to be the next business day. Either party may at any time
and from time to time notify the other party in writing of a change of address
and the new address to which notice shall be given to it thereafter until
further change.

PAYMENT

7.          All
references to monies hereunder will be in United States funds. All payments to
be made to any party hereunder may be made by check mailed or delivered to such
party to its address for notice purposes as provided herein.

ENTIRE AGREEMENT

8.          This
Agreement constitutes the entire agreement between the parties and replaces and
supercedes all agreements, memoranda, correspondence, communications,
negotiations and representations, whether verbal or express or implied,
statutory or otherwise, between the parties with respect to the subject matter
herein.




-4-

GENDER

9.         
Wherever the singular or neuter are used herein the same shall be deemed to
include the plural, feminine or masculine.

ENUREMENT

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

EXECUTION

11.         
(a)     Counterparts. This Agreement may be executed in
one or more counterparts, all of which will be considered one and the same
agreement and will become effective when one or more counterparts have been
signed by each of the parties and delivered to the other parties, it being
understood that all parties need not sign the same counterpart.

              
(b)     Fax Execution. This Agreement may be executed by
delivery of executed signature pages by fax and such fax execution will be
effective for all purposes.

IN WITNESS WHEREOF this Agreement has been executed by
the parties hereto as of the day and year first above written.

MULTI METAL MINING CORP.
by its authorized
signatory:

/s/ Larry Sostad
Signature of Authorized
Signatory

Larry Sostad
Name of Authorized Signatory

President
Position of Authorized Signatory

MERRITT VENTURES CORP.
by its authorized
signatory:

/s/ Lorrie Archibald
Signature of Authorized
Signatory

Lorrie Archibald
Name of Authorized Signatory

President
Position of Authorized Signatory




SCHEDULE “A”

THE PROPERTY

	Ireland 1 Claim. 
	 
	Located September 19, 2004. 
	 
	Recorded September 22, 2004 (Clark County Courthouse).
  
	 
	Instr#: 2004 0922-00005256. 
	 
	Located in the Yellow Pine Mining District, Clark County,
      Nevada