Exhibit 10.10 




PROMISSORY
NOTE

GEMCO
MINERALS INC

A STATE OF FLORIDA CORPORATION

Identification number 65-10011685

HAVING ITS CORPORATE OFFICE AT

102-20475 DOUGLAS CRESCENT, LANGLEY, BC, CANADA V3A 4B6


	
 

	
 

	
 

	
 


	
Debt Owing

	
Due Date

	
Annual Interest Rate

	
Interest Starting Date


	


	


	


	



	
Box 1 (Cdn. Funds)

	
Box 2

	
Box 3

	
Box 4


	
 

	
 

	
 

	
 


	
$104,500.00

	
March 31, 2010

	
15%

	
April 1, 2009


	
 

	
 

	
 

	
 


	
 

	
Monthly Payment

	
First Payment Date

	
 


	


	


	


	



	
 

	
Box 5

	
Box 6

	
 


	
 

	
 

	
 

	
 


	
 

	
$1,305.25

	
May 1, 2009

	
 





FOR VALUABLE CONSIDERATION, I/we, the undersigned
Debtor(s) (jointly and severally, where more than one) promise(s) to PAY


	
 

	
 


	
To

	
Delaine Mollica


	
 

	



	
 

	
Name of Creditor


	
At

	
22896 88th Ave., Fort Langley, BC, V1M
  3S8


	
 

	



	
 

	
Address of Creditor





The debt owing on the due date, together with interest
at the annual interest rate both before and after maturity, computed from the
interest starting date, all of which are set forth in Boxes 1, 2, 3 and 4
above.


Where monthly payments are contemplated, during the
time all or part of the debt owing is outstanding, the undersigned agrees to
pay to the Creditor monthly payments of interest, or principal and interest, in
the amount set forth in Box 5. The first of such payments shall be paid on the
date set forth in Box 6, and thereafter on the same date of each and every
month until either the whole of the debt owing and interest is fully paid and
satisfied or until the due date set forth in Box 2, whichever shall first
occur. Payments shall be applied firstly toward payment of interest and, where
applicable, secondly in reduction of principal; PROVIDED the undersigned shall
have the privilege of prepaying the whole or any part of the debt owing without
notice, bonus or penalty.


If any monthly payment is not paid on the proper date,
then the whole of the then outstanding balance of the debt owing, together with
the interest, shall immediately become due and payable.


There are no implied covenants contained in this
agreement other than those of good and fair dealing. This agreement contains
the entire understanding between or among the participants relating to the
subject matters hereof, and supersedes all representations, warranties and
agreements, whether oral or written which antedate it. No modification of this
agreement shall be valid unless made in writing and duly executed by the
participants.


IN WITNESS WHEREOF the Borrower executes this
Agreement and delivers it to the lender.


BY EXECUTING THIS AGREEMENT ON BEHALF OF A
CORPORATION, THE PERSON SO SIGNING PERSONALLY WARRANTS TO THE OTHER
PARTICIPANTS THAT HE/SHE IS AN AUTHORIZED SIGNATORY OF THAT CORPORATION,THAT
THE CORPORATION ON BEHALF OF WHICH HE/SHE IS SIGNING HAS AUTHORIZED HIM/HER TO
EXECUTE THIS AGREEMENT ON ITS BEHALF AND THAT HE/SHE POSSESSES THE AUTHORITY TO
BIND THAT CORPORATION CONTRACTUALLY.


	
 

	
 

	
 


	
Date this       31st      
day of       March       20
    09      


	
 


	



	
 







		
	GEMCO MINERALS INC.
  
   	
  
 
	per: /s/ Evan Brett 	Evan Brett     
Print name 
	By its authorized signatory Debtor (Borrower)