EXHIBIT 4.69

                        ADMINISTRATION SERVICES AGREEMENT

THIS AGREEMENT dated for reference the 1st day of January 2005

BETWEEN:

               GROSSO GROUP  MANAGEMENT LTD., a company  incorporated  under the
               laws of  British  Columbia  having a  registered  office at Suite
               1500, 1055 West Georgia Street, Vancouver,  British Columbia, V6E
               4N7

               (herein "GGM")

                                                         PARTY OF THE FIRST PART

AND:

               THOSE PUBLIC CORPORATIONS MORE PARTICULARLY DESCRIBED IN SCHEDULE
               "A" HERETO

               (each herein "Pubco" and collectively "Pubcos")

                                                      PARTIES OF THE SECOND PART

WHEREAS:

(A)            GGM is a company established to provide on a non-exclusive basis,
geological,  corporate  development,  administrative and management services for
public  companies  involved in the  acquisition,  exploration and development of
natural resource properties;


(B)            Pubco and GGM have agreed that GGM will provide the services more
particularly  described herein on the terms and conditions of this Agreement and
that each  Pubco  will  appoint  one of its  directors  to serve on the board of
directors of GGM which board shall comprise only Pubco nominees;

NOW  THEREFORE in  consideration  of the premises  and mutual  covenants  herein
contained, the parties hereto agree as follows:

                                     PART 1

                             ADMINISTRATION SERVICES

1.1

               During the term of this  Agreement  GGM shall  generally  provide
each Pubco (including its affiliates) with the following administration services
on a non-exclusive basis:

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                                      -2-


               (a)      use of GGM's business premises located at 709 - 837 West
               Hastings Street, Vancouver,  British Columbia, with access to the
               reception  area, the boardroom and other offices as available and
               agreed to from time to time;

               (b)      receptionist personnel;

               (c)      use of office  equipment  including  telephone  systems,
               photocopying,  telecopier and computers,  and other  equipment as
               required;

               (d)      services  of  administration,  accounting,  purchasing,
               secretarial  and like  support  staff on an "as  needed"  and "as
               available" basis.

1.2            GGM shall be  responsible to pay the premises lease costs and the
costs of all office  equipment as well as the salaries and benefits of all staff
providing the services referred to in ss.1.1 and ss.2.2, but subject to ss.3.3.

1.3            Each  Pubco  shall pay a monthly  fee  initially  as set forth in
Schedule A in consideration of the agreed services  hereunder a portion of which
fee reflects the value of the availability of the services.  The  Administration
Fee  shall  be  invoiced  by GGM on a  monthly  basis  and is a fee  which is to
represent  a full  cost-recovery  basis  to GGM for the cost of  providing  such
services. The monthly fee will be described in reasonable detail in the invoice.
The fee shall be based upon a reasonable pro-rating of GGM's costs including its
executive  staff and other overhead among each Pubco with regard to the mutually
agreed average annual level of services  provided to each Pubco. GGM staff shall
record  their  daily  activities  in  connection  with each Pubco and they shall
retain a log for invoicing purposes. The fee shall be reviewed from time to time
and the basis may be changed on notice by GGM in the event GGM's costs change or
the Pubcos' use of the services is in excess of historical  experience or in the
event a greater or lesser number of other Pubcos are using GGM's services.


1.4            The   administration   services  to  each  Pubco  shall   include
bookkeeping,  accounting  and services in  connection  with  quarterly  filings,
material change reports and other disclosure  filings on SEDAR. Each Pubco shall
remain  responsible for approving such filings and GGM does not assume liability
for the  disclosures  made therein  (except for a loss due to any  negligence or
wilful misconduct of GGM which is proved before a Court of final jurisdiction).

1.5            Only  where  otherwise  agreed by Pubco and GGM in  writing,  GGM
shall retain  suppliers and contractors in connection with each Pubco's approved
work programs and shall separately  invoice such Pubco for the third party costs
and such invoice  shall  include a handling  charge as a percentage of the third
party  costs,  such  charge to be in  accordance  with  industry  standards  and
reviewed for reasonableness from time to time.

1.6            Each  Pubco   acknowledges   that  GGM   intends  to  enter  into
substantially  similar  agreements in future with other public companies and GGM
retains the discretion to add, delete or vary its  arrangements  with such other
companies  in GGM's  sole  discretion.  As of the date  hereof,  all  Pubcos are
described on Schedule "A" hereto which includes an estimate of their anticipated
monthly fees.  GGM shall not appoint any person as a director of GGM without the
consent of a majority of the Pubcos who are parties hereto at the time.


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                                     PART 2

                       GEOLOGICAL AND MANAGEMENT SERVICES

2.1            In addition to the  administration  services,  GGM may,  where it
first  agrees  in  writing  with a  Pubco,  also  supply a Pubco  technical  and
geological management services on a "as needed" and "as available" basis.

2.2            Any future agreement  reached in connection with GGM providing or
administering  technical programs and services shall include details of programs
including  scheduling,  description  of  activities  and related  budgets.  Upon
acceptance  (with or without  variations) of such  recommendations  by a Pubco's
Board (which  acceptance is in the sole discretion of each Pubco's board) GGM to
the extent  agreed , carry out the agreed  program as the agent of the Pubco and
shall:

               (a)      retain and/or itself provide the required  technical and
               support staff;

               (b)      negotiate  third party  service  contracts  and provide
               those that either Pubco or GGM deem  necessary or  appropriate to
               each Pubco for  execution or execute same as agent for the Pubco.
               Such third party contracts shall  generally  include  geophysical
               and  geochemical  surveys,   sampling,   line  cutting,   diamond
               drilling,  engineering,  environmental,  independent analyses and
               reporting and such other work as has been  recommended by GGM and
               approved by such Pubco's Board;

               (c)      apply  for  necessary  government  exploration  or work
               permits and licences;

               (d)      provide field staff to supervise and oversee the work of
               GGM staff and other contractors and subcontractors;

               (e)      obtain  insurance and assist in making  application  and
               relevant  filings  pertaining to the maintenance of titles to the
               property  as  well  as  filing  of  assessment   work  respecting
               exploration work carried out;

               (f)      general   administration  of  the  exploration  program
               including  accounting,   payment  of  third  party  invoices  and
               reporting thereon; and

               (g)      providing  assistance with corporate  awareness programs
               regarding a Pubco and its properties.

2.3            For purposes of  administration  of any exploration  program each
Pubco shall be or remain for all purposes the participant  (and where applicable
the  operator) of all of its joint  venture  agreements  and GGM's  function and
status shall be limited to advisor and agent.

2.4            The fee to GGM for any of the additional technical services which
may be agreed upon shall be included as part of budgets which are subject to the
approval of each Pubco.  Unless otherwise agreed,  greater than 10% overruns and
significant  variations (greater than 20%) in the planned programs shall require
the prior  approval of the relevant  Pubco in which case the costs incurred with
respect to such overruns and variations shall be for the account of the Pubco.


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                                     PART 3

                       ADDITIONAL RIGHTS AND DUTIES OF GGM


3.1            Each Pubco agrees to severally  indemnify  and hold harmless GGM,
its officers, directors, employees and agents, from any and all claims, suits or
demands  arising out of the good faith  performance  of GGM  hereunder.  Without
restricting  the generality of the foregoing,  each Pubco agrees to promptly pay
GGM invoices and to advance funds  against  written cash calls for work programs
wherever  reasonably  required by GGM to pay for or secure  services,  to secure
equipment, contractors, deposits and the like and to honour all agreements which
GGM enters into as agent on behalf of a Pubco with third  parties  pursuant to a
written  agreement with that Pubco.  The foregoing  indemnity shall not apply to
losses,  claims  or suits  arising  out of GGM's  proven  negligence  or  wilful
misconduct.

3.2            GGM shall  indemnify  each Pubco  against  claims  arising out of
GGM's  acts  or  omissions  to the  extent  such  acts or  omissions  constitute
unauthorized acts, negligent  performance of duties, or wilful misconduct as the
case may be.

3.3            GGM  shall  have  the  right to  request  of each  Pubco  that it
allocate a reasonable number of shares in its incentive option plan to employees
of GGM based on the general amount of time and value added of such staff member.
Each such  staff  member  shall be deemed a "service  provider"  to the Pubco as
contemplated  by regulatory  policy.  The  allocation of options to GGM staff is
understood to constitute an important  incentive to reduce the overall  employee
and consultant  costs to the Pubcos on a collective basis and to ensure that GGM
staff have an incentive to work diligently for all Pubcos with equanimity.

3.4            GGM  agrees  to  carry  out  its  advisory,   administrative  and
operating  activities  hereunder in a competent and workmanlike  manner for each
Pubco,  in  good  faith  with a view  to  the  best  interests  of  each  Pubco,
respectively.

3.5            GGM  shall  take  reasonable  precautions  to  ensure  that  only
authorized  personnel  of GGM and  each  Pubco  are  provided  with  information
respecting  the business  affairs,  exploration  results and  properties of that
Pubco. GGM shall limit access to information respecting exploration developments
to its own staff on a  need-to-know  basis and shall  ensure that its  personnel
acknowledge the need to protect  confidentiality of information  respecting each
Pubco which is  developed by or comes into the  possession  of GGM and that each
such individual is in a "special  relationship"  with each Pubco as contemplated
by securities legislation.  GGM shall generally maintain confidentiality of each
Pubco`s affairs and shall take  reasonable  precautions to protect the integrity
and security of information developed for each Pubco.

3.6            GGM  shall  not  compete  with  a  Pubco  for  resource  property
interests  and will not acquire any  interest in any  property of a Pubco or one
reasonably  related  to an  existing  property  or  prospect  or one  which  can
reasonably  be said to be derived  from any  property  of such Pubco  either for
itself or for another Pubco, without the prior written consent of the board that
first Pubco which consent shall be in its sole discretion.


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                                      -5-


3.7            GGM shall not be obligated to provide any  information  or advice
to a Pubco respecting  resource property prospects and opportunities  which come
to the attention of GGM personnel unless such prospects and opportunities can be
clearly  demonstrated to have been received or obtained primarily as a result of
the provision of property-related  services by GGM to that Pubco under the terms
of this Agreement.  Each Pubco acknowledges that GGM is expected to be regularly
exposed  to  resource  property  opportunities  in the  ordinary  course and may
receive resource  property  prospects and  opportunities as a consequence of the
services that it provides and otherwise.  Each Pubco also  acknowledges that GGM
may  receive  unsolicited   proposals  and  opportunities  from  sources  wholly
unrelated to any Pubco (or that Pubco) and that those  opportunities are as well
are acknowledged by each Pubco to be the sole property of GGM which may elect to
transfer  them to any  Pubco or  third  party  in its  discretion..

3.8            GGM  may  terminate  this  Agreement with respect to any or every
Pubco in its sole discretion upon 30 days' notice to any Pubco.


                                     PART 4

                      OTHER RIGHTS AND DUTIES OF EACH PUBCO


4.1            So long as this  Agreement is in effect each Pubco shall  appoint
one of its  directors  to be a  director  of GGM who  shall  by  virtue  of such
appointment  have the right to  review  all  aspects  of GGM's  operations  (but
subject to retaining  confidentiality of any other Pubco's business,  properties
or  prospects  information  which is not  public).  Each Pubco  shall  obtain an
agreement  from  such  nominee  director  that he shall  not  seek  deliberately
confidential  information  respecting  any other Pubco  (unless such director is
also a  director  of  such  other  Pubco).  Each  such  nominee  shall  maintain
appropriate  confidentiality  procedures  with  respect  to any GGM  information
provided to or obtained by such  director and  particularly  with respect to any
other Pubco or where such  information  about another  Pubco or its  exploration
prospects is unavoidably  disclosed to the director.  Such nominee shall further
agree ( and does hereby agree if a signatory hereto) to promptly resign from the
board of GGM in the event  this  Agreement  is  terminated  in  respect  of that
director's  Pubco  for any  reason.  Such  nominee  director  shall  not use any
information  acquired  by virtue of his  directorship  in GGM for the purpose of
competing with GGM or competing with any other Pubco. Such nominee  acknowledges
he/she shall be in a "special  relationship" with any other Pubco of which he is
not already an "insider" if such director obtains confidential information about
such other Pubco.

4.2            Any  authorized  representative  of  each  Pubco,  including  its
auditors and attorneys, shall at all reasonable times have full access to all of
the records or information of GGM pertaining to the affairs of that Pubco.

4.3            GGM shall indemnify and save harmless Pubco from any claim,  suit
or demand which may arise by virtue of any improper act or gross  negligence  of
GGM arising as a consequence of the performance by GGM of this Agreement.

4.4            On  execution  hereof  each Pubco  shall  subscribe  for a single
common share of GGM for $1.00 and hereby  agrees to resell such share to GGM for
$1.00 on  termination  of this  Agreement.  Each Pubco  shall in no event  sell,
transfer or otherwise  dispose of or encumber such GGM share during the currency


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of this  Agreement.  The  parties  acknowledge  that GGM  shall at all  times be
exclusively and equally owned by the Pubcos  collectively and that GGM shall not
allow any  other  person to  subscribe  or be issued  shares in GGM nor will GGM
otherwise authorize, create or issue any other shares or any other securities in
its capital stock without the consent of all of the Pubcos.

                                     PART 5

                                   TERMINATION

5.1            This Agreement  insofar as each Pubco is concerned may, after the
Initial  Period  referred to in ss.5.2,  be terminated by such Pubco on 30 days'
written  notice to  GGM.GGM  shall  inform  each  Pubco of the  receipt  of each
termination  notice and GGM shall  notify  each Pubco at the time it signs a new
Pubco  agreement  and shall  provide a copy of such  agreement to each  existing
Pubco.  From the date of notice to the date of termination,  GGM shall not enter
into any new  arrangements  on behalf of a  terminating  Pubco  (unless  already
legally  committed  to do so) without  such Pubco's  prior  consent.  During the
Initial Period each Pubco may terminate this agreement on its own behalf only to
the  extent  of the  bankruptcy,  insolvency,  or  breach  by GGM of its  duties
hereunder  (including  negligence  and wilful  misconduct)  which  breach is not
corrected  by GGM within 10 days of notice of such breach  being  delivered by a
Pubco and provided it is not bona fide disputed by GGM.

5.2            From the date hereof until the second  anniversary  (the "Initial
Period"),  termination hereof by a Pubco shall require greater notice to reflect
GGM's investment in establishing  facilities and retaining personnel. If a Pubco
desires  to  terminate  this  Agreement  in  the  first  year,  it  shall  pay a
termination  fee of  one-year's  basic  administration  charge as  described  on
Schedule A and if it  terminates  in the second year,  the Pubco shall pay GGM a
termination fee of six months' basic administration charge.

5.3            In the event of termination  during the course of  implementation
of any  exploration  or  other  program,  GGM and the  terminating  Pubco  shall
negotiate  in good faith to minimize  any  interruption  of such  program and to
ensure  that the costs  related  thereto  are  properly  accounted  for and duly
discharged by the  terminating  Pubco.  Notwithstanding  any termination of this
Agreement  in respect of a Pubco,  such Pubco shall  continue to be bound by any
agreements contracted for on its behalf by GGM prior to termination.

5.4            The  confidentiality  and  non-competition   provisions  of  this
Agreement  which are  applicable to GGM and each Pubco and its director  nominee
shall survive any  termination  of this Agreement and continue in full force and
effect for two years thereafter.

5.5            Upon termination hereof in respect of any Pubco, such Pubco shall
cease to use the GGM premises,  phone number,  etc. and shall make  arrangements
for the orderly transition of administrative and accounting  responsibilities by
advice  letter to GGM.  GGM shall turn over all  business,  technical,  and like

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                                      -7-


records  pertaining to the affairs and properties of such  terminating  Pubco as
may be in the  possession  of GGM  although  GGM may  retain  copies for its own
records where reasonably required.

5.6            The Parties acknowledge that neither GGM nor any Pubco shall have
any exclusive rights during the term hereof nor upon  termination  hereof to the
investor data base maintained by GGM on behalf of all the Pubcos.

5.7            Providing a Pubco has duly paid its  services  fees for the first
two years of the term  hereof,  the deposit  referred to in  ss.6.1(c)  shall be
refunded (without interest) on termination hereof.


                                     PART 6

                              INITIAL TRANSACTIONS


6.1            On execution hereof:


               (a)      IMA  Exploration  Inc.( "IMA") shall be transferred  the
               initial  subscriber share in GGM and thereupon Pubco while IMA is
               the only  Pubco,  it shall  immediately  transfer  to GGM certain
               equipment,  furniture and leasehold improvements having an agreed
               fair value of  $66,119.28  for the  equipment  and  furniture and
               $27,057.80 for the leasehold improvements. IMA shall execute such
               bills of sale as GGM may  reasonably  require to effect this sale
               and transfer.  GGM and IMA shall account for the  $93,177.08 as a
               shareholder's  loan to GGM  against  which GGM shall  offset  the
               initial  prepayment  and future  monthly  service  charges to IMA
               until the amount is fully recovered by IMA.IMA  warrants that the
               assets are owned by it free and clear of encumbrances and amounts
               owing except as disclosed on Schedule B;

               (b)      IMA shall  sub-lease  to GGM the  premises  at 709 - 837
               West Hastings Street,  Vancouver,  British Columbia, V6C 3N6 on a
               "all   rights  for  full  cost"  basis  and  GGM  shall  pay  the
               obligations  under the  sub-lease  which  shall be equal to IMA's
               cost  under its lease  for the same  premises.  GGM and IMA shall
               enter  into  a   sub-lease   agreement   effecting   these  terms
               immediately after execution hereof; and

               (c)      each  Pubco  shall  pay as a  deposit  against  the last
               approximately  six weeks'  services in the amount as set forth on
               Schedule "A".


                                     PART 7

                                  MISCELLANEOUS

7.1            This Agreement is not assignable by the parties and any purported
assignment  thereof is void ab initio.

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


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7.3            This Agreement  shall be construed in accordance with the laws of
the  province  of  British  Columbia  and the  parties  agree to  attorn to such
jurisdiction in the event of a dispute hereunder.


7.4            Notices  shall be considered  effectively  given  hereunder  when
personally  delivered by a Pubco to GGM or by GGM to a Pubco by personal service
only, in each case delivered to a director of the Pubco and a different director
of GGM.

7.5            The  parties  will,  insofar  as  lawfully  possible,  refer  all
disputes hereunder to binding arbitration  pursuant to a single arbitrator using
final offer arbitration.

IN WITNESS  WHEREOF the parties have caused this  Agreement to be executed as of
the 6th day of MAY, 2005 with the  intention that it be effective  retroactive
to January 1st, 2005.


GROSSO GROUP MANAGEMENT LTD.


Per: /s/ Arthur Lang
    ----------------------------------

Dated: May 6, 2005

Each  Pubco  has  executed  this  Agreement  by  executing  Schedule  "A"  or  a
counterpart thereof.



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                                  SCHEDULE "A"

          to the Administration Services Agreement dated for reference
                          the 1st day of January, 2005

<TABLE>
<CAPTION>

-------------------------------------------------------------------------------------------------------------------------
                                                INITIAL
                                                MONTHLY        NAME OF NOMINEE
PUBCO                              DEPOSIT       CHARGE        GGM  DIRECTOR          SIGNATURE AND DATE
-------------------------------------------------------------------------------------------------------------------------
<S>                              <C>          <C>             <C>                    <C>

Golden Arrow Resources Corp.       $30,000      $20,000        Manfred Kurschner      /s/ Manfred Kurschner, May 13, 2005
-------------------------------------------------------------------------------------------------------------------------

Amera Resources Corporation        $30,000      $20,000        Nikolaos Cacos         /s/ Nikolaos Cacos, May 9, 2005
-------------------------------------------------------------------------------------------------------------------------

Gold Point Exploration Ltd.        $15,000       $8,500        Nick DeMare            /s/ Nick DeMare, May 13, 2005
-------------------------------------------------------------------------------------------------------------------------

IMA Exploration Inc.              $100,000      $60,000        Joseph Grosso          /s/ Joseph Grosso, May 13, 2005
-------------------------------------------------------------------------------------------------------------------------

</TABLE>

(The  foregoing  figures and  Nominees  are subject to change from time to time.
This Schedule may be executed in counterpart and from time to time)





<PAGE>



                                  SCHEDULE "B"

          to the Administration Services Agreement dated for reference
                          the 1st day of January, 2005


--------------------------------------------------------------------------------
                                                RELATED ENCUMBRANCES OR
ASSET DESCRIPTION          AGREED VALUE         OBLIGATIONS (IF ANY)
--------------------------------------------------------------------------------

Computers                     $30,000           None
--------------------------------------------------------------------------------

Furniture                     $30,000           None
--------------------------------------------------------------------------------

Artwork                        $6,000           None
--------------------------------------------------------------------------------

Other                         $27,117           None
--------------------------------------------------------------------------------


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