EXHIBIT 4.63

                LETTER AGREEMENT WITH BEAUREGARD HOLDINGS CORP.
                 DATED FEBRUARY 5, 2004 REGARDING OFFICE LEASE








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                                 OFFER TO LEASE

                            TERMINAL CITY CLUB TOWER

                                (THE "BUILDING")


DATE:             February 21,2004

BETWEEN:          BEAUREGARD HOLDINGS CORP.               (THE "LANDLORD")

                  3860 Moscrop Street
                  Burnaby, B.C. V5G 2C9


AND:              IMA EXPLORATION INC.                    (THE "TENANT")

                  709 - 837 West Hastings Street
                  Vancouver, B.C. V6C 3N6

The  Tenant  hereby  offers to lease from the  Landlord  certain  premises  (the
"Premises"),  being a  portion  of the  building  located  at 837 West  Hastings
Street,  Vancouver,  B.C. and  generally  known as Terminal City Club Tower (the
"Building") on the following terms and conditions:


1 .     DESCRIPTION OF PREMISES

The Premises  shall consist of  approximately  one thousand six hundred  seventy
five (1,675)  rentable  square feet of office space,  being Suites 708 to 711 as
shown  outlined in heavy black line on the floor plan  attached as Schedule "A".
The  Premises  will be  measured  in  accordance  with the  terms  of the  Lease
described below.


2.      TERM

The term of the Lease  shall be for three (3) years  plus the part of the month,
if any, from the Commencement Date to and including the last day of the month in
which the term commences (the "Term").  The Term shall commence on the date (the
"Commencement Date") which is the earlier of.

(a)     the Tenant occupying for business any part of the Premises; and

(b)     the later of the expiry of the Fixturing Period;

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"Fixturing  Period" means a period of thirty (30) days commencing on the date on
which the Landlord  delivers  possession of the Premises to the Tenant  together
with  a  notice,  signed  by  the  Landlord,   confirming  that  the  Landlord's
Improvement  Work has  sufficiently  progressed to permit the Tenant to commence
and proceed with the Tenant's  Improvement Work without undue  interference from
the Landlord.

3.      BASIC RENT

Tenant  will pay to the  Landlord  Basic  Rent of Thirty  Dollars  ($30.00)  per
rentable  square  foot of the  Premises  per annum plus Goods and  Services  Tax
(GST),  payable in advance without deduction in equal monthly instalments on the
first  day of each and  every  month  throughout  the  Term,  commencing  on the
Commencement Date.

For the  purposes of the Lease,  the Term "Basic  Rent" as used in this Offer to
Lease shall mean the fixed  monthly  payments of rent due and payable  under the
Lease, whether  characterized as "Basic Rent", "Minimum Rent" or otherwise under
the Lease.

4.      PERMITTED USE

The Premises are to be used for the purpose of business offices of the Tenant or
its affiliated companies and for no other purposes without the prior approval of
the Landlord as set out in the Lease.


5.      TENANT RESPONSIBILITIES - ADDITIONAL RENT

In addition to Basic Rent plus GST, the Tenant  shall pay for all other  charges
and  expenses  provided for in the Lease from and after the  Commencement  Date,
including without  limitation the Tenant's share of property taxes,  corporation
capital  taxes,   business  taxes,   water/sewer  rates,   building   insurance,
maintenance,  management  fees,  heat,  light and power but  excluding  internal
janitorial  services  and  lampage  charges  (the  "Additional  Rent")  plus GST
applicable to the foregoing. The Additional Rent is estimated at Fifteen Dollars
($15.00) per rentable square foot for 2004.


6.      LANDLORD'S IMPROVEMENT WORK

The Premises to be provided by the Landlord shall be on an "as is, where is"
basis. All other leasehold improvements shall be at the Tenant's cost.


7.      TENANT'S IMPROVEMENT WORK


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For any  improvement  work,  the Tenant  shall be  required  to prepare  working
drawings of the proposed  improvement work and obtain the written consent of the
Landlord  before  commencing  the  improvement  work,  such  consent  not  to be
unreasonably  withheld.  All improvement work shall be done at the Tenant's sole
cost and expenses by qualified and licensed  contractors and sub-contractors who
shall be subject to the  reasonable  approval of the  Landlord.  All such Tenant
improvement  work shall be performed in a first class manner in accordance  with
the provisions of the Lease.


8.      PERMITS AND LICENSES

The Tenant shall be responsible for obtaining all necessary building permits and
approvals as required by the relevant  regulatory  authorities  for the Tenant's
improvement  work.  Such permits and approvals must be secured before the Tenant
commences its improvement  work. If required by the municipal  authorities,  the
Tenant shall also make application for an occupancy certificate for the Premises
upon completion of the Tenant's improvement work.


9.      LEASE

The lease for the Premises  shall be the  Landlord's  standard form of lease for
the Premises,  modified to include the provisions of this Offer to Lease and the
Tenant's reasonable  non-financial  amendments (the "Lease").  The Landlord will
deliver a copy of the standard  form of lease to the Tenant  within a reasonable
period of time after  acceptance  of this Offer to Lease,  and the Tenant  shall
have ten (10) days thereafter to review the standard form with its solicitor and
approve  of  the  same  with  or  without  amendments.  Upon  completion  of the
Landlord's review and approval of any non-financial  amendments requested by the
Tenant,  the  Landlord  will  prepare  and  deliver  the Lease to the Tenant for
execution.  The Tenant  agrees to execute  and return the Lease to the  Landlord
forthwith upon receipt of the same, and in any event prior to taking  possession
of and  commencing  business  operations  in the  Premises.  If the Tenant takes
possession  of the Premises  without  executing  the Lease,  the Tenant shall be
deemed to have  executed  the same and  shall be bound by all of the  provisions
thereof,  provided  however the Tenant  shall  remain  obligated  to execute and
deliver the Lease to the Landlord  forthwith  upon  demand,  and such failure to
execute and deliver the Lease to the Landlord shall be a default under the terms
of the Lease.


10.     TENANT'S CONDITIONS

This Offer to Lease is subject to the  following  conditions  precedent,  all of
which are for the sole benefit of the Tenant:

(a)     the Tenant obtaining budgetary quotations for the cost of the Tenant
        improvement work satisfactory to the Tenant;

(the "Tenant's Conditions").  The Tenant's Conditions shall be removed or waived
by notice in writing  from the Tenant to the Landlord  within ten (10)  business
days of the  Landlord's  acceptance  of this Offer to Lease,  failing which this
Offer


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to Lease shall be null and void and of no force or effect and the Deposit  shall
be returned to the Tenant. The Landlord  acknowledges the receipt of Ten Dollars
($10.00)  and  other  good and  valuable  consideration  to be  retained  by the
Landlord as  consideration  for keeping this Offer to Lease open for  acceptance
until the time for removal or waiver of the Tenant's Conditions has expired.


11.     LANDLORD'S CONDITIONS

This Offer to Lease is subject to the  following  conditions  precedent,  all of
which are for the sole benefit of the Landlord:

(a)     the  Landlord  determining  that  the  Tenant  and  the  Guarantor  have
        sufficient  financial  strength  to  perform all their obligations under
        this Offer to Lease;

(b)     the Landlord receiving  a 100% undivided  interest in  the office  units
        comprising the Premises;

(the "Landlord's Conditions").  The Landlord's Condition (a) shall be removed or
waived by notice in writing  from the  Landlord  to the Tenant  within  five (5)
business  days of the  Landlord's  acceptance  of this  Offer to Lease,  and the
Landlord's  Condition  (b)  shall be  removed  and  waived in  writing  from the
Landlord to the Tenant within five (5) business  days of the Landlord  receiving
the 100% undivided interest, failing which this Offer to Lease shall be null and
void and of no force or effect and the Deposit  shall be returned to the Tenant.
The Tenant  acknowledges  the receipt of Ten Dollars ($10.00) and other good and
valuable consideration to be retained by the Tenant as consideration for keeping
this Offer to Lease open for acceptance  until the time for removal or waiver of
the Landlord's Conditions has expired.


12.     DEPOSIT

Within  two (2)  business  days of  acceptance  of this  Offer  to  Lease by the
Landlord and removal of the Tenant's and Landlord's Conditions, the Tenant shall
tender a deposit cheque in the amount of Nine Hundred and Ninety Two and Seventy
Seven Cents ($992.77)  including GST increasing the current deposit of $3,194.73
to $4,187.50  (collectively  the "Deposit"),  to be held as security for the due
and  proper  performance  by the  Tenant  of all of  the  terms,  covenants  and
conditions  in the  Lease,  with the  balance to be  applied  toward  gross rent
(including  GST) for the last month of the Term.  If this Offer becomes null and
void, the Deposit shall be refunded to the Tenant without deduction.

The Deposit shall be paid to the Landlord at the following address:

                  BEAUREGARD HOLDINGS CORP.
                  3860 Moscrop Street
                  Burnaby, B.C. V5G 2C9


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13.     OPTION TO EXTEND TERM
If the Tenant duly and regularly pays the rent,  plus GST, and performs each and
every one of the  covenants  in the Lease to be  performed  and  observed by the
Tenant,  the Tenant  shall have one option to extend the Term of the Lease for a
further term of two (2) years (the "Extended Term"), such option to be exercised
on not less than six (6) months' and not more than twelve (12)  months'  written
notice prior to the  expiration  of the Term failing  which such option shall be
null and void and incapable of exercise.  If the Tenant  exercises the option to
extend the Term,  the Extended Term shall be on the same terms and conditions as
the initial Term of the Lease except for Basic Rent, and any incentive  given to
the Tenant during the initial Term, and except for this option to extend.

The  Basic  Rent  payable  by the  Tenant  during  the  Extended  Term  shall be
negotiated  and agreed upon  between the  Landlord  and the Tenant  based on the
prevailing  fair market Basic Rent as at the  commencement  of the Extended Term
for similarly  improved premises of similar size,  quality,  use and location in
buildings  similar to the Building,  but shall in any event not be less than the
Basic Rental paid during the last year of the initial Term of the Lease.  If the
Landlord  and the Tenant are unable to agree on the Basic Rent for the  Extended
Term within three (3) months prior to the commencement of the Extended Term, the
matter shall be determined by a single arbitrator  pursuant to the provisions of
the COMMERCIAL ARBITRATION ACT and in accordance with the foregoing provisions.



14.     NO REPRESENTATION / GOVERNING LAW

There are no  representations,  warranties,  covenants  or  agreements,  whether
express or implied,  related to the  subject  matter of this  agreement  save as
specifically  set out in this  Offer to  Lease.  This  Offer  to Lease  shall be
governed by and construed in  accordance  with the laws of the province in which
the Building is situated.

15.     TIME OF THE ESSENCE

Time is of the essence of this Offer to Lease and each part of it.



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16.     ACCEPTANCE

This Offer to Lease is open for  acceptance  for five (5) business days from the
date hereof and thereafter, if not accepted, it shall be null and void.


DATED at Burnaby, B.C., this 5th day of February ,2004

THE TENANT:
IMA EXPLORATION INC.



Per:  /s/ WILLIAM LEE   /s/ NIKOLAOS CACOS             /s/ DIANE REEVES
    ------------------------------------           -----------------------------
    (Authorized Signatory)                      Witness


William Lee, CFO     Nikolaos Cacos, Corporate Secretary
----------------------------------------
      (Name and Title)

We  hereby  accept  this  Offer to Lease  and agree to be bound by the terms and
conditions contained herein.

DATED at Burnaby, B.C., this 5th day of February ,2004.

THE LANDLORD:

BEAUREGARD HOLDINGS CORP.

Per: /s/ JOSEPH GROSSO                              /s/ DIANE REEVES
    --------------------------------------        ------------------------------
         (Authorized Signatory)                   Witness


Joseph Grosso, Pres.
------------------------------------------
         (Name and Title)