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| 1. | DEFINITIONS  | 2 |
|----|-------------------|---|

| 2. | REPRESENTATIONS, WARRANTIES AND COVENANTS  | 3 |
|----|-------------------------------------------------|---|

| 3. | ASSOCIATION OF PARTIES  | 7 |
|----|------------------------------|---|

| 4. | PURCHASE AND SALE  | 8 |
|----|-------------------------|---|

| 5. | CLOSING AND PROPERTY TRANSFER  | 10 |
|----|-------------------------------------|----|

| 6. | ACTIONS DURING INTERIM PERIOD  | 11 |
|----|-------------------------------------|----|

| 7. | ACTIONS AFTER THE CLOSING DATE  | 11 |
|----|--------------------------------------|----|

| 8. | ROYALTY  | 11 |
|----|---------------|----|

| 9. | SHARING OF AND CONFIDENTIAL NATURE OF INFORMATION  | 11 |
|----|---------------------------------------------------------|----|

| 10. | NOTICES  | 12 |
|-----|---------------|----|

| 11. | TERMINATION  | 13 |
|-----|-------------------|----|

| 12. | FORCE MAJEURE  | 14 |
|-----|---------------------|----|

| 13. | DEFAULT  | 14 |
|-----|---------------|----|

| 14. | GUARANTEE  | 15 |
|-----|-----------------|----|

| 15. | GENERAL  | 15 |
|-----|---------------|----|

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|   | 1. | DEFINITIONS |
|--------|----|-------------|

| 1.1 | In this Agreement and in the Schedules and the recitals hereto, unless the context otherwise requires, the following expressions will have the following meanings: |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | “Agreement” means this Agreement together with Schedules A to B; |
|--------|-----|------------------------------------------------------------------------------|

|   | (b) | “Closing Date” has the meaning given to such term in §5.1; |
|--------|-----|-----------------------------------------------------------------------------|

|   | (c) | “Commencement of Commercial Production” means: |
|--------|-----|------------------------------------------------------------|

|   | (d) | “Common Share” means one common share of Purchaser Parent; |
|--------|-----|------------------------------------------------------------------------|

|   | (e) | “Confidentiality Agreement” means the confidentiality agreement entered into between Crosshair Exploration & Mining Corp. and Strathmore Resources (US) Ltd. dated August 20, 2010; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | “Encumbrances” means all mortgages, charges, royalties, security interests, liens, encumbrances, actions, claims, demands and equities of any nature whatsoever or however arising and any rights or privileges capable of becoming any of the foregoing; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | “Environmental Laws” means all applicable United States federal, state, municipal and local laws, statutes, ordinances, by-laws, regulations, orders, directives and decisions, rendered by any ministry, department or administrative or regulatory agency relating to the protection of the environment, or pollutants, contaminants, chemicals, or industrial, toxic or hazardous wastes or substances; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (h) | “Exchange Approval Date” means the date on which the Toronto Stock Exchange and TSX Venture Exchange approve this Agreement and the transactions contemplated hereunder; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | “Interim Period” means the period of time between the Execution Date and the Closing Date; |
|--------|-----|--------------------------------------------------------------------------------------------------------|

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|   | (j) | “Party” means either of the Vendor, Vendor Parent, Purchaser or Purchaser Parent and their successors and permitted assigns and “Parties” means together, the Vendor, Vendor Parent, Purchaser and Purchaser Parent and their successors and permitted assigns; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (k) | “Property” means the mining claims described in Schedule A; and |
|--------|-----|-----------------------------------------------------------------------------|

|   | (l) | “Royalty” means the gross sales royalty described in Schedule B which is hereby reserved to the Vendor and its successors and assigns on all the Property. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.2 | In this Agreement, unless something in the subject matter or context is inconsistent therewith: |
|-----|-------------------------------------------------------------------------------------------------|

|   | (a) | all references in this Agreement to “articles”, “sections” and other subdivisions or Schedules are to the designated articles, sections or other subdivisions or Schedules of or attached to this Agreement; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the words “herein”, “hereof” and “hereunder” and other words of similar import refer to this Agreement as a whole and not to any particular section or other subdivision; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the headings are for convenience only and do not form part of this Agreement and are not intended to interpret, define or limit the scope, extent or intent of this Agreement; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | the singular of any term includes the plural, and vice versa, the use of any term is equally applicable to any gender and, where applicable, a body corporate, the word “or” is not exclusive and the word “including” is not limiting (whether or not non-limiting language is used with reference thereto); |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | the words “written” or “in writing” include printing, typewriting or any electronic means of communication capable of being visibly reproduced at the point of reception including telex, telegraph, telecopy, facsimile or e-mail; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | any reference to a statute is a reference to the applicable statute and to any regulations made pursuant thereto and includes all amendments made thereto and in force from time to time and any statute or regulation that has the effect of supplementing or superseding such statute or regulation; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | a “day” shall refer to a calendar day and in calculating all time periods the first day of a period is not included and the last day is included and references to a “business day” shall refer to days on which banks are ordinarily open for business in Vancouver, British Columbia, but if a period ends on a day on which the banks are not open for business in Vancouver, British Columbia, the period will be deemed to expire on the next calendar day on which banks are open for business in Vancouver, British Columbia; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (h) | all references to “$” or “dollars” are references to the lawful currency of the United States. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------|

| 2.1 | The Vendor represents and warrants to Vendor Parent, Purchaser and Purchaser Parent that, as of the date of this Agreement: |
|-----|-----------------------------------------------------------------------------------------------------------------------------|

|   | (a) | it is a valid and subsisting corporation duly incorporated under the laws of its jurisdiction of incorporation and has full corporate power and authority to execute and deliver this Agreement and to observe and perform its covenants and obligations hereunder and has taken all necessary corporate proceedings and obtained all necessary approvals in respect thereof and, upon execution and delivery of this Agreement by it, this Agreement will constitute a legal, valid and binding obligation of the Vendor enforceable against it in accordance with its terms except that: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | enforceability may be limited by bankruptcy, insolvency or other laws affecting creditors’ rights generally; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------|

|   | (ii) | equitable remedies, including the remedies of specific performance and injunctive relief, are available only in the discretion of the applicable court; |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | a court may stay proceedings before them by virtue of equitable or statutory powers; and |
|--------|-------|------------------------------------------------------------------------------------------|

|   | (iv) | rights of indemnity and contribution hereunder may be limited under applicable law; |
|--------|------|-------------------------------------------------------------------------------------|

|   | (b) | neither the execution of this Agreement nor the consummation of the transactions contemplated hereby conflict with, result in a breach of, or accelerate the performance required by any agreement to which it is a party; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | neither the execution of this Agreement nor the consummation of the transactions contemplated hereby, result in a breach of the laws of any applicable jurisdiction or its constating documents; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | it is the legal, beneficial and registered owner of the Property and no person, other than Purchaser and Purchaser Parent in accordance with this Agreement, has any right or interest to acquire any interest in the Property; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | Schedule A attached hereto accurately sets out all of his interests in the mining claims and leases comprising the Property; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | all of the mining claims constituting the Property have been duly and properly recorded and are validly held by Vendor in accordance with applicable laws and regulations; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (g) | it has the legal capacity to hold mining claims in Wyoming; |
|--------|-----|-------------------------------------------------------------|

|   | (h) | Purchaser has been provided with true and complete copies of all agreements material to the Property, and there are no existing defaults by the Vendor; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | it is the legal, beneficial and registered owner of a 100% undivided interest in the Property free and clear of all Encumbrances and has the right to grant an interest in the Property; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (j) | subject to applicable laws, it has the exclusive right to conduct mineral exploration on the Property; |
|--------|-----|--------------------------------------------------------------------------------------------------------|

|   | (k) | there has been no act or omission by it, or to its knowledge by anyone else, that could result by notice or lapse of time, or both, in the breach, termination, abandonment, forfeiture, relinquishment or other premature termination of its rights in or to the Property; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (l) | the Property is in good standing and no proceedings have been instituted to invalidate or assert an adverse claim or challenge against or to the ownership of or title to the Property, nor is there any basis therefore, and no person other than Purchaser and Purchaser Parent is entitled to an agreement or option to acquire or purchase the Property or any portion thereof, and no person has any royalty or other interest whatsoever, in production from any part of the Property; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (m) | except for a letter received from the Bureau of Land Management dated October 1, 2010 regarding potential abandoned mine lands near the Property, there are no actions, suits or proceedings pending or to its knowledge, threatened, against or adversely affecting or which could adversely affect the Property before any federal, state, territorial, municipal or other governmental authority, court, department, commission, board bureau, agency or instrumentality, domestic or foreign, whether or not insured, and which might involve the possibility of any judgment or liability against the Property; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (n) | all work carried out on the Property has been carried out in compliance with all applicable laws, including Environmental Laws, and neither the Vendor, nor to its knowledge any person, has received any notice of any breach of any such law and he has no knowledge of any facts which would lead a well informed operator in the mining industry to believe there are any environmental liabilities associated with the Property and there are no environmental audits, evaluations, assessments or studies relating to the Property; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (o) | it has made full disclosure to Purchaser of all relevant information that it possesses which relates to the Property which could have any effect upon Purchaser determining whether it shall enter into this Agreement; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (p) | no consent or approval is required to permit the execution and delivery of this Agreement by the Vendor or the performance of its obligations hereunder. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 2.2 | Vendor Parent represents and warrants to the Vendor, Purchaser and Purchaser Parent that as of the date of this Agreement: |
|-----|----------------------------------------------------------------------------------------------------------------------------|

|   | (a) | it is a valid and subsisting corporation duly incorporated under the laws of its jurisdiction of incorporation and has full corporate power and authority to execute and deliver this Agreement and to observe and perform its covenants and obligations hereunder and has taken all necessary corporate proceedings and obtained all necessary approvals in respect thereof and, upon execution and delivery of this Agreement by it, this Agreement will constitute a legal, valid and binding obligation of Vendor Parent enforceable against it in accordance with its terms except that: |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | enforceability may be limited by bankruptcy, insolvency or other laws affecting creditors’ rights generally; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------|

|   | (ii) | equitable remedies, including the remedies of specific performance and injunctive relief, are available only in the discretion of the applicable court; |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | a court may stay proceedings before them by virtue of equitable or statutory powers; and |
|--------|-------|------------------------------------------------------------------------------------------|

|   | (iv) | rights of indemnity and contribution hereunder may be limited under applicable law; |
|--------|------|-------------------------------------------------------------------------------------|

|   | (b) | neither the execution of this Agreement nor the consummation of the transactions contemplated hereby conflict with, result in a breach of or accelerate the performance required by any agreement to which it is a party; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | neither the execution of this Agreement, nor the consummation of the transactions contemplated hereby, result in a breach of the laws of any applicable jurisdiction or its constating documents. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.3 | Neither Vendor nor Vendor Parent makes any representations or warranties whatsoever concerning the existence, nature, location, amount or value of any mineralization, mineral reserves or resources, or whether any necessary permits can be obtained in a timely manner or whether any mining can be done economically or as to the cost or time required to operate and maintain a project on the Property.  Furthermore, neither Vendor nor Vendor Parent makes any representations or warranties as to any impact on unpatented mining claims included in the Property arising from any changes to the General Mining Act of 1872, Federal Land Policy and Management Act, or other applicable laws. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.4 | Purchaser represents and warrants to the Vendor, Vendor Parent and Purchaser Parent that as of the date of this Agreement: |
|-----|----------------------------------------------------------------------------------------------------------------------------|

|   | (a) | it is a valid and subsisting corporation duly incorporated under the laws of its jurisdiction of incorporation and has full corporate power and authority to execute |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   |   | and deliver this Agreement and to observe and perform its covenants and obligations hereunder and has taken all necessary corporate proceedings and obtained all necessary approvals in respect thereof and, upon execution and delivery of this Agreement by it, this Agreement will constitute a legal, valid and binding obligation of Purchaser enforceable against it in accordance with its terms except that: |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | enforceability may be limited by bankruptcy, insolvency or other laws affecting creditors’ rights generally; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------|

|   | (ii) | equitable remedies, including the remedies of specific performance and injunctive relief, are available only in the discretion of the applicable court; |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | a court may stay proceedings before them by virtue of equitable or statutory powers; and |
|--------|-------|------------------------------------------------------------------------------------------|

|   | (iv) | rights of indemnity and contribution hereunder may be limited under applicable law; |
|--------|------|-------------------------------------------------------------------------------------|

|   | (b) | neither the execution of this Agreement nor the consummation of the transactions contemplated hereby conflict with, result in a breach of or accelerate the performance required by any agreement to which it is a party; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | neither the execution of this Agreement nor the consummation of the transactions contemplated hereby, result in a breach of the laws of any applicable jurisdiction or its constating documents. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.5 | Purchaser Parent represents and warrants to the Vendor, Vendor Parent and Purchaser that as of the date of this Agreement: |
|-----|----------------------------------------------------------------------------------------------------------------------------|

|   | (a) | it is a valid and subsisting corporation duly incorporated under the laws of its jurisdiction of incorporation and has full corporate power and authority to execute and deliver this Agreement and to observe and perform its covenants and obligations hereunder and has taken all necessary corporate proceedings and obtained all necessary approvals in respect thereof and, upon execution and delivery of this Agreement by it, this Agreement will constitute a legal, valid and binding obligation of Purchaser Parent enforceable against it in accordance with its terms except that: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | enforceability may be limited by bankruptcy, insolvency or other laws affecting creditors’ rights generally; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------|

|   | (ii) | equitable remedies, including the remedies of specific performance and injunctive relief, are available only in the discretion of the applicable court; |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (iii) | a court may stay proceedings before them by virtue of equitable or statutory powers; and |
|--------|-------|------------------------------------------------------------------------------------------|

|   | (iv) | rights of indemnity and contribution hereunder may be limited under applicable law; |
|--------|------|-------------------------------------------------------------------------------------|

|   | (b) | neither the execution of this Agreement nor the consummation of the transactions contemplated hereby conflict with, result in a breach of or accelerate the performance required by any agreement to which it is a party; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | neither the execution of this Agreement nor the consummation of the transactions contemplated hereby, result in a breach of the laws of any applicable jurisdiction or its constating documents; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | all prospectuses, financial statements and management discussion and analysis, technical reports, press releases, material change reports, shareholder communications and other disclosure documents of Purchaser Parent filed at www.SEDAR.com or on its website, including all publicly filed financial statements, contain no untrue statement of a material fact as at the date thereof nor do they omit to state a material fact which, at the date thereof, was required to have been stated or was necessary to prevent a statement that was made from being false or misleading in the circumstances in which it was made. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.6 | As soon as reasonably practicable following the Execution Date, Purchaser Parent shall use commercially reasonable efforts to obtain the approval of the TSX Venture Exchange and Toronto Stock Exchange of this Agreement and the transactions contemplated hereunder on or before December 1, 2010, after which time unless the Exchange Approval Date has occurred, this Agreement may be terminated by either party on five days notice and will thereafter be of no further force or effect unless the Exchange Approval date occurs within said five days. If requested by Purchaser Parent, the Vendor and Vendor Parent shall provide such reasonable assistance to Purchaser Parent to help obtain Toronto Stock Exchange approval by providing additional information or documentation as may be required by the Toronto Stock Exchange. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.7 | The representations, warranties and covenants hereinbefore set out are conditions on which the Parties have relied in entering into this Agreement and each of the Parties will indemnify and save the other harmless from all loss, damage, costs, actions and suits arising out of or in connection with any breach of any representation, warranty, covenant, agreement or condition made by it and contained in this Agreement. The representations and warranties set out herein shall survive for a period of one year following the Execution Date. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | ASSOCIATION OF PARTIES |
|--------|----|------------------------|

| 3.1 | All transactions, contracts, employments, purchases, operations, negotiations with third parties and any other matter or act undertaken on behalf of the Parties in connection with the Property will be done, transacted, undertaken or performed in the name of the transacting Party only and no Party will do, transact, perform or undertake anything in the name of any other Party or in the joint names of the Parties. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 3.2 | Except as otherwise expressed in this Agreement, the rights and obligations of the Vendor and Vendor Parent on one hand and Purchaser and Purchaser Parent on the other hand will be, in each case, several, and will not be or be construed to be either joint or joint and several. For the avoidance of doubt the obligations of Vendor and Vendor Parent to Purchaser and Purchaser Parent are joint and several and the obligations of Purchaser and Purchaser Parent to Vendor and Vendor Parent are joint and several. Nothing contained in this Agreement will, except to the extent specifically authorized hereunder, be deemed to constitute a Party, a partner, an agent, or legal representative of the other Parties.  It is intended that this Agreement will not create the relationship of a partnership among the Parties and that no act done by any Party pursuant to the provisions hereof will operate to create such a relationship. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.3 | Except as specifically provided hereunder: |
|-----|--------------------------------------------|

|   | (a) | each Party will be at liberty to engage, for its own account and without duty to account to the other Party, in any other business or activity outside the Property constituted hereby, including the ownership and operation of any other mining permits, licenses, claims and leases wherever located; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | no Party will be under any fiduciary or other duty or obligation to the other Party which will prevent or impede such Party from participating in, or enjoying the benefits of, competing endeavors of a nature similar to the business or activity undertaken by the Parties hereunder outside of the Property; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the legal doctrines of “corporate opportunity” or “business opportunity” sometimes applied to persons occupying a relationship similar to that of the Parties will not apply outside of the Property with respect to participation by any Party in any business activity or endeavor. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 4. | PURCHASE AND SALE |
|--------|----|-------------------|

| 4.1 | Subject to the terms and conditions of this Agreement, the Vendor hereby sells and transfers to Purchaser, and Purchaser hereby purchases from the Vendor, all of the Vendor’s legal and beneficial interest in the Property, subject to the Royalty, free and clear of all Encumbrances in accordance with the terms of this Agreement. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2 | In consideration of the sale to it of the Property, Purchaser will pay to the Vendor the following (Purchase Price): |
|-----|----------------------------------------------------------------------------------------------------------------------|

|   | (a) | $25,000 in immediately available funds, which the Vendor acknowledges has already been paid; |
|--------|-----|----------------------------------------------------------------------------------------------|

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|   | (b) | $175,000 by wire transfer or in immediately available funds, at Vendor’s discretion, on or before November 15, 2010; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------|

|   | (c) | on the day that is one year after the Execution Date, pay to the Vendor $500,000 by wire transfer or in immediately available funds, at Vendor’s discretion; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | on the day that is two years after the Execution Date, paying $0.50 per pound of measured, indicated and inferred Uranium resources as defined by a National Instrument 43-101 compliant technical report encompassing the entire Property (“Technical Report”); provided, that if a Technical Report has not been completed by two years after the Execution Date, the Uranium resources on the Property will be set at five million pounds for the purposes of this calculation and Purchaser will make an additional payment of $0.50 per pound of Uranium for each pound of Uranium in excess of five million pounds if a subsequently completed Technical Report shows a Uranium resource in excess of five million pounds; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | on the day that is three years after the Execution Date, paying $0.50 per pound of measured, indicated and inferred Uranium resources as defined by the Technical Report; provided, that if the Technical Report has not been completed by three years after the Execution Date, the Uranium resources on the Property will be set at five million pounds for the purposes of this calculation and Purchaser will make an additional payment of $0.50 per pound of Uranium for each pound of Uranium in excess of five million pounds if a subsequently completed Technical Report shows a Uranium resource in excess of five million pounds; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | upon receipt of all permits required for production on the Property, paying $0.30 per pound of proven and probable Uranium reserves as determined by a prefeasibility study or feasibility study; provided, that if a prefeasibility study or feasibility study has not been completed upon receipt of all permits required for production, the Uranium reserves on the Property will be set at five million pounds for the purposes of this calculation, and further provided, that if all permits are not received by the day that is six years after the Execution Date, then Purchaser shall be required to make this payment as of that date. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.3 | Upon Purchaser satisfying the obligations set forth in §4.2(a), §4.2(b) and 4.2(c) it will have conditionally acquired 100% of the legal and beneficial interest in the Property free and clear of all Encumbrances and subject to the Vendor’s rights to recover ownership and all data related to the Property in the event of non-payment of the consideration in 4.2(d), 4.2(e) and 4.2(f), in accordance with §§ 4.5 and 13.2. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 4.4 | Upon payment of the consideration required under §4.2(a), §4.2(b) and 4.2(c) the Property will be transferred to Purchaser by the Vendor in accordance with Article 5. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.5 | The making of cash payments and Common Share issuances to the Vendor described in 4.2(c), 4.2(d), 4.2(e) and 4.2(f) are at Purchaser’s option only but nonetheless are required to keep the Agreement in good standing and accordingly are not firm and binding commitments of Purchaser. If Purchaser does not fulfill its obligations in 4.2(c), 4.2(d), 4.2(e) and 4.2(f) and the cure period in §13.1 has expired, then Purchaser shall transfer 100% of the legal and beneficial interest in the Property to the Vendor free and clear of any Encumbrances (except those existing as of the date of the original transfer date of the Property to Purchaser), together with a copy of all data associated with the Property at no cost to Vendor. This §4.5 shall survive termination of this Agreement. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.6 | Notwithstanding anything else contained in this Agreement, Purchaser shall have the right to terminate this Agreement at any time upon written notice. In the event of such termination, Purchaser shall not, upon conveyance of the Property back to Vendor, be responsible for any further payment of the Purchase Price. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 5. | CLOSING AND PROPERTY TRANSFER |
|--------|----|-------------------------------|

| 5.1 | The closing shall take place at 10:00 a.m. Vancouver time on the second business after the Exchange Approval Date, or at such other time and date as may be agreed (the “Closing Date”). |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2 | At closing, the Vendor shall deliver or cause to be delivered to Purchaser the following documents: |
|-----|-----------------------------------------------------------------------------------------------------|

|   | (a) | a certificate of a senior officer of Vendor and Vendor Parent (without personal liability) dated as of closing certifying that representations and warranties of the Vendor and Vendor Parent contained herein are true and correct in all material respects as of the date made and as of the date of closing and that all covenants contained in the Agreement have been performed; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | all documents, data, maps, books, records, results and other materials related to the Property. |
|--------|-----|-------------------------------------------------------------------------------------------------|

| 5.3 | At closing, Purchaser shall deliver or cause to be delivered to the Vendor the following documents and payments: |
|-----|------------------------------------------------------------------------------------------------------------------|

|   | (a) | a certificate of a senior officer of Purchaser and Purchaser Parent (without personal liability) dated as of the closing certifying that the representations and warranties of Purchaser and Purchaser Parent contained herein are true and correct in all material respects as of the date made and as of the closing and that all covenants have been performed; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (b) | $175,000, in accordance with §4.2(b). |
|--------|-----|--------------------------------------------|

| 5.4 | The Vendor hereby acknowledges that the issuance of the Common Shares is subject to applicable securities laws and the rules and policies of the stock exchange on which such the Common Shares of Purchaser Parent are listed.  In particular, the Common Shares will have a legend indicating that the Common Shares may not be transferred or sold for a period of four months and one day from the date of issuance. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.5 | On the second business day after Purchaser has satisfied the obligations set forth in §4.2(a), §4.2(b) and 4.2(c), the Vendor shall deliver to Purchaser a form of document satisfactory to Purchaser and duly executed by the Vendor for the transfer of a 100% interest in the claims comprising the Property to Purchaser and provide such other assistance as is necessary to complete such transfer.  All costs associated with the transfer shall be borne by Purchaser. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6. | ACTIONS DURING INTERIM PERIOD |
|--------|----|-------------------------------|

| 6.1 | During the Interim Period, the Vendor shall conduct all operations related to the Property, whether directly or through contractors and agents, in the ordinary course of business and in compliance with all applicable law. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2 | After the Execution Date, the Vendor shall not: |
|-----|-------------------------------------------------|

|   | (a) | sell, transfer, or otherwise dispose of, grant any interest in or encumber any of the Property; |
|--------|-----|-------------------------------------------------------------------------------------------------|

|   | (b) | enter into any contract or any other transaction that could affect any of the Property, except with the prior written consent of Purchaser; or |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | terminate, cancel, modify or amend in any respect any contract related to the Property or take or fail to take any action that would entitle any party to a contract related to the Property to terminate, modify, cancel or amend such contract; or agree, commit or enter into any understanding to take any action set out in paragraphs (a), (b) or (c) of this §6.2. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7. | ACTIONS AFTER THE CLOSING DATE |
|--------|----|--------------------------------|

| 7.1 | After the Closing Date, Vendor shall: |
|-----|---------------------------------------|

|   | (a) | Until payment of the consideration required under §4.2(c), maintain the Property in good standing by filing requisite assessment work or by making cash payments in-lieu. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.2 | After the Closing Date Purchaser shall: |
|-----|-----------------------------------------|

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|   | (a) | Conduct all operations related to the Property, whether directly or through contractors and agents, in the ordinary course of business and in compliance with all applicable law; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Until payment of the consideration required under §4.2(c), reimburse Vendor for all fees reasonable or necessary to maintain the Property in good standing; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Until the Purchase Price has been paid and the Royalty purchased, Purchase shall submit an annual report to Vendor, on or before January 31 of each year, which includes: a discussion of activities over the preceding calendar year, a copy (hard and digital) of all factual information, drill holes, geophysical logs, assay and metallurgical results, coordinates, environmental studies and any other material information about the activities on the Property; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Once payment of the consideration required under §4.2(c) has been paid, and subject to §11.2, maintain the Property in good standing by filing requisite assessment work or by making cash payments in-lieu. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | ROYALTY |
|--------|----|---------|

| 8.1 | Upon Purchaser acquiring a 100% interest in the Property free and clear of all Encumbrances, Purchaser shall grant to the Vendor a 2% Royalty as described in Schedule B on all the Property. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.2 | During the first three years after the Commencement of Commercial Production, Purchaser may purchase 1% or 2% of the Royalty, thereby reducing the Royalty under §8.1 to 1% or 0%, as applicable, by paying to the Vendor $1,500,000 for each 1% of the Royalty. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 9. | SHARING OF AND CONFIDENTIAL NATURE OF INFORMATION |
|--------|----|---------------------------------------------------|

| 9.1 | No Party will make any public statement or issue any press release concerning the transactions contemplated herein without the consent of the other Parties which consent shall not be unreasonably withheld.  The Party making such disclosure will consult with the other Parties prior to making any statement or press release and the Parties will use all reasonable efforts, acting expeditiously and in good faith, to agree upon a text for such statement or release which is satisfactory to each of them within a reasonable time period and no more than five business days.  If the Parties fail to agree upon such text, the Party making the disclosure will make only such public statement or release as its counsel advises in writing is legally required to be made or is otherwise reasonable in the circumstances. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.2 | The Parties further agree that this Agreement will not be provided to any third party or used other than for the activities contemplated hereunder except as required by law or by the rules and regulations of any regulatory authority or stock exchange having jurisdiction (in which case the Party being compelled to disclose such information shall to the extent practical give the other Party an opportunity to review and provide reasonable comments on the disclosure), or with the written consent of the other Party, such consent not to be unreasonably withheld. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 9.3 | Consent to disclosure of information pursuant to Article 9 will not be unreasonably withheld where a Party wishes to disclose any such information to a third party for the purpose of arranging financing, entering into a corporate transaction or for the purpose of selling its interest or its rights as contemplated in this Agreement, provided that such third party first enters into a written agreement with the other Party that any such information not theretofore publicly disclosed will be kept confidential and not disclosed to others on terms satisfactory to the other Party acting reasonably. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.4 | During the term of this Agreement and following the termination hereof, if applicable, the Confidentiality Agreement shall remain in full force and effect until terminated pursuant to its terms. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 10. | NOTICES |
|--------|-----|---------|

| 10.1 | Any notice, direction or other instrument required or permitted to be given under this Agreement will be in writing and may be given by the delivery of the same or by mailing the same by prepaid registered or certified mail or by sending the same by email, facsimile or other similar form of communication, in each case addressed as follows: |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | If to the Vendor or Vendor Parent at: |
|--------|-----|---------------------------------------|

----

|   | (b) | If to Purchaser or Purchaser Parent at: |
|--------|-----|-----------------------------------------|

|   | Suite 1240 - 1140 West Pender Street |
|--------|--------------------------------------|

|   | Vancouver, BC |
|--------|---------------|

|   | V6E 4G1 |
|--------|---------|

|   | Attention: Stewart Wallis |
|--------|---------------------------|

|   | Facsimile No.: (604) 681-8039 |
|--------|-------------------------------|

|   | Email: swallis@explorationgroup.com |
|--------|-------------------------------------|

| 10.2 | Any notice, direction or other instrument will: |
|------|-------------------------------------------------|

|   | (a) | if delivered, be deemed to have been given and received on the day it was delivered; and |
|--------|-----|------------------------------------------------------------------------------------------|

|   | (b) | if sent by telecommunication, facsimile or other similar form of communication, be deemed to have been given and received on the business day following the day it was so sent. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.3 | A Party may at any time give to the other Party notice in writing of any change of address of the Party giving such notice and from and after the giving of such notice the address or addresses therein specified will be deemed to be the address of such Party for the purposes of giving notice hereunder. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 11. | TERMINATION |
|--------|-----|-------------|

| 11.1 | Other than the provisions of this Agreement which explicitly survive termination, this Agreement will terminate upon the occurrence of the earliest of: |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | the written agreement by the Parties to terminate; |
|--------|-----|----------------------------------------------------|

|   | (b) | the failure by Purchaser or Purchaser Parent to fulfill their obligations under Article 4 (subject to Article 12); and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Purchaser’s termination of this Agreement pursuant to §4.6. |
|--------|-----|------------------------------------------------------------------------|

| 11.2 | Notwithstanding that this Agreement has not been terminated in its entirety, Purchaser may while the Agreement is in good standing at any time and from time to time, abandon, surrender, or allow to lapse, reduce the area of with any part or parts of the Property as it may determine, provided that Purchaser shall give notice to Vendor of its intention to do so not less than ninety (90) days prior to the date when any such claim may lapse or be surrendered and shall, if requested by the Vendor by notice to Purchaser anytime within such ninety (90) day period, deliver forthwith to the Vendor duly executed transfers of the part or parts of the Property so intended to be dealt with which transfers shall convey good and clear title to said claims. Any part or parts of the Property so dealt with shall cease to be included in the Property and shall cease to be subject to this Agreement for all purposes. No notice of any proposed surrender or lapse of a claim shall be valid unless the claim remains in good standing without any action of the Vendor for a period of one year. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 12. | FORCE MAJEURE |
|--------|-----|---------------|

| 12.1 | The obligations of a Party shall be suspended to the extent and for the period that performance is prevented by any cause, whether foreseeable or unforeseeable, beyond its reasonable control, including without limitation, labor disputes (however arising and whether or not employee demands are reasonable or within the power of the Party to grant); acts of God; laws, instructions or requests of any government or governmental entity; judgments or orders of any court; acts of war or conditions arising out of or attributable to war, whether declared or undeclared; riot; civil strife, terrorism, insurrection or rebellion; fire, explosion, earthquake; delay or failure by suppliers or transporters of materials, parts, supplies, services or equipment or by contractors’ or subcontractors’ shortage of, or inability to obtain, labor, transportation, materials, machinery, equipment, supplies, utilities or services; accidents; breakdown of equipment, machinery or facilities; or any other cause similar to the foregoing (an “Intervening Event”). |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.2 | A Party relying on the provisions of §12.1 will promptly give written notice to the other Party of the particulars of the Intervening Event and all time limits imposed by this Agreement will be extended from the date of delivery of such notice by a period equivalent to the period of delay resulting from an Intervening Event. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.3 | A Party relying on the provisions of §12.1 will take all reasonable steps to eliminate any Intervening Event and, if possible, will perform its obligations under this Agreement as far as commercially practical, but nothing herein will require such Party test the validity of any law, rule, regulation or order of any duly constituted governmental authority or to complete its obligations under this Agreement if an Intervening Event renders completion commercially impracticable. A Party relying on the provisions of §12.1 will give written notice to the other Party as soon as such Intervening Event ceases to exist. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 13. | DEFAULT |
|--------|-----|---------|

| 13.1 | Notwithstanding anything in this Agreement to the contrary, if any Party is in default of any requirement herein set forth (a “Defaulting Party”) the Party or Parties affected by such default will give written notice to the Defaulting Party specifying the default and the Defaulting Party will not lose any rights under this Agreement, provided that within 30 days after the giving of the first notice of default by an affected Party the Defaulting Party has taken reasonable steps to cure the default by the appropriate performance and if the Defaulting Party fails within such period to take reasonable steps to cure any such default, the affected Party will be entitled to seek any remedy it may have on account of such default including terminating this Agreement or seeking the remedies of specific performance, injunction or damages. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 13.2 | If the reason for the default is Purchaser’s failure to meet its obligations under §4.2, then the sole remedy of the Vendor will be the transfer 100% of the legal and beneficial interest in the Property to the Vendor, together with all data associated with the Property, as set out in §4.5.  Such transfer shall be done at Purchaser’s sole expense.  Any costs or expenses incurred by Vendor to accomplish the transfer, including attorneys’ fees and costs, shall be reimbursed by Vendor. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 14. | GUARANTEE |
|--------|-----|-----------|

| 14.1 | Vendor Parent hereby unconditionally and irrevocably guarantees to Purchaser and Purchaser Parent the due and timely performance of Vendor’s obligations hereunder and all its representations made hereunder. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.2 | Purchaser Parent hereby unconditionally and irrevocably guarantees to Vendor and Vendor Parent the due and timely performance of Purchaser’s obligations hereunder and all its representations made hereunder. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 15. | GENERAL |
|--------|-----|---------|

| 15.1 | The Parties will without delay or demand forfeit on consideration, execute such further and other documents and do such further and other things as may be necessary or convenient to carry out and give effect to the intent of this Agreement. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.2 | Time is of the essence in the performance of this Agreement. |
|------|--------------------------------------------------------------|

| 15.3 | This Agreement may be assigned, in whole (or in part by way of joint venture or similar transfer), by either Party and will enure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.4 | This Agreement (including Schedules A to B) constitutes the entire agreement between the Parties and, except the Confidentiality Agreement and as hereafter set out, replaces and supersedes all prior agreements, memoranda, correspondence, communications, negotiations and representations, whether oral or written, express or implied, statutory or otherwise between the Parties with respect to the subject matter herein.  There are no implied covenants contained in this Agreement other than those of good faith and fair dealing. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.5 | This Agreement will be governed by and construed according to the laws of British Columbia and the federal laws of Canada applicable therein. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------|

| 15.6 | This agreement and the rights and obligations hereunder are subject to the approval of the TSX Venture Exchange and the Toronto Stock Exchange. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.7 | This Agreement may only be amended by the written agreement of all the Parties hereto or their permitted successors and assigns. |
|------|----------------------------------------------------------------------------------------------------------------------------------|

----

| 15.8 | This Agreement may be executed by facsimile or other electronic means and in one or more counterparts, each of which shall be deemed to be an original but each of which shall constitute one and the same instrument. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | “David Miller” |
|--------|----------------------------|

| Per: |   |
|------|--------|

|   | Authorized Signatory |
|--------|----------------------|

|   | “David Miller” |
|--------|----------------------------|

| Per: |   |
|------|--------|

|   | Authorized Signatory |
|--------|----------------------|

|   | “Stewart Wallis” |
|--------|------------------------------|

| Per: |   |
|------|--------|

|   | Authorized Signatory |
|--------|----------------------|

|   | “Mark J. Morabito” |
|--------|--------------------------------|

| Per: |   |
|------|--------|

|   | Authorized Signatory |
|--------|----------------------|

----

| BLM Serial# | Claim Name | Subd.       | Sec | Twn | Rge | PM | Owner                         |
|-------------|------------|-------------|-----|-----|-----|----|-------------------------------|
| WMC259971   | RC-1       | SW SE       | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259972   | RC-2       | SE          | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259973   | RC-3       | NE NW SW SE | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259974   | RC-4       | NE SE       | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259975   | RC-5       | NE NW       | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259976   | RC-6       | NE          | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259977   | RC-7       | NE NW       | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259978   | RC-8       | NE          | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259979   | RC-9       | NE NW       | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259980   | RC-10      | NE          | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259981   | RC-11      | NE NW       | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259982   | RC-12      | NE          | 1   | 12N | 93W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259983   | RC-13      | SW          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259984   | RC-14      | SW SE       | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259985   | RC-15      | SW          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259986   | RC-16      | SW SE       | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259987   | RC-17      | SW          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259988   | RC-18      | SW SE       | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259989   | RC-19      | SW          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259990   | RC-20      | SW SE       | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259991   | RC-21      | SW          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259992   | RC-22      | SW SE       | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259993   | RC-23      | SW          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259994   | RC-24      | SW SE       | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259995   | RC-25      | SW          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259996   | RC-26      | SW SE       | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259997   | RC-27      | NW SW       | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259998   | RC-28      | NE NW SW SE | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC259999   | RC-29      | NW          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260000   | RC-30      | NE NW       | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260001   | RC-31      | NW          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260002   | RC-32      | NE NW       | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260003   | RC-33      | SE          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260004   | RC-34      | SW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 6   | 12N | 92W | 6  |                          |
| WMC260005   | RC-35      | SE          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260006   | RC-36      | SW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 6   | 12N | 92W | 6  |                          |
| WMC260007   | RC-37      | SE          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260008   | RC-38      | SW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 6   | 12N | 92W | 6  |                          |
| WMC260009   | RC-39      | SE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260010   | RC-40      | SE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 32  | 13N | 92W | 6  |                          |
| WMC260157   | RC-41      | SE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260158   | RC-42      | SE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 32  | 13N | 92W | 6  |                          |
| WMC260159   | RC-43      | SE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260160   | RC-44      | SE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 32  | 13N | 92W | 6  |                          |
| WMC260161   | RC-45      | SE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260162   | RC-46      | SE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 32  | 13N | 92W | 6  |                          |
| WMC260163   | RC-47      | NE SE       | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260164   | RC-48      | NE SE       | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW SW       | 32  | 13N | 92W | 6  |                          |
| WMC260165   | RC-49      | NE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260166   | RC-50      | NE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 32  | 13N | 92W | 6  |                          |
| WMC260167   | RC-51      | NE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260168   | RC-52      | NE          | 31  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 32  | 13N | 92W | 6  |                          |
| WMC260169   | RC-53      | SW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260170   | RC-54      | SE SW       | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260171   | RC-55      | SW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260172   | RC-56      | SW SE       | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260173   | RC-57      | SW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260174   | RC-58      | SW SE       | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260175   | RC-59      | SW          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260176   | RC-60      | SW          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260177   | RC-61      | SW          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260178   | RC-62      | SW          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260179   | RC-63      | NW SW       | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260180   | RC-64      | NW          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260181   | RC-65      | NW          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260182   | RC-66      | SW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 5   | 12N | 92W | 6  |                          |
| WMC260183   | RC-67      | SW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260184   | RC-68      | SW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 5   | 12N | 92W | 6  |                          |
| WMC260185   | RC-69      | SW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 5   | 12N | 92W | 6  |                          |
| WMC260186   | RC-70      | SW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 5   | 12N | 92W | 6  |                          |
| WMC260187   | RC-71      | SW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260188   | RC-72      | SE SW       | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260189   | RC-73      | SW SE       | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260190   | RC-74      | SW SE       | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260533   | RC-75      | NW SW       | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260534   | RC-76      | NE NW SW SE | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260535   | RC-77      | NW          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260536   | RC-78      | NE NW       | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260537   | RC-79      | NW          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260538   | RC-80      | NE NW       | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260539   | RC-81      | NW          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260540   | RC-82      | NE NW       | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260541   | RC-83      | NW          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 31  | 13N | 92W | 6  |                          |
| WMC260542   | RC-84      | NW SW       | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW SE       | 31  | 13N | 92W | 6  |                          |
| WMC260543   | RC-85      | NE SE       | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260544   | RC-86      | NW SW       | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE SE       | 6   | 12N | 92W | 6  |                          |
| WMC260545   | RC-87      | NE          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260546   | RC-88      | NW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 6   | 12N | 92W | 6  |                          |
| WMC260547   | RC-89      | NE          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260548   | RC-90      | NW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 6   | 12N | 92W | 6  |                          |
| WMC260549   | RC-91      | NE          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260550   | RC-92      | NW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 6   | 12N | 92W | 6  |                          |
| WMC260551   | RC-93      | NE          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 31  | 13N | 92W | 6  |                          |
| WMC260552   | RC-94      | NW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 6   | 12N | 92W | 6  |                          |
|        |       | SE          | 31  | 13N | 92W | 6  |                          |
|        |       | SW          | 32  | 13N | 92W | 6  |                          |
| WMC260553   | RC-95      | NW SW       | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260554   | RC-96      | NE NW SW SE | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260555   | RC-97      | NW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260556   | RC-98      | NE NW       | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260557   | RC-99      | NW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260558   | RC-100     | NE NW       | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260559   | RC-101     | NW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260560   | RC-102     | NE NW       | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260561   | RC-103     | NW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260562   | RC-104     | NE NW       | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE SW       | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260563   | RC-105     | NW SW       | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE SE       | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260564   | RC-106     | NW SW       | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260565   | RC-107     | NW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260566   | RC-108     | NW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260567   | RC-109     | NW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260568   | RC-110     | NW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260569   | RC-111     | NW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260570   | RC-112     | NW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260571   | RC-113     | NW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260572   | RC-114     | NW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260573   | RC-115     | SW SE       | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260574   | RC-116     | SE          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260575   | RC-117     | SW SE       | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260576   | RC-118     | SE          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260577   | RC-119     | SW SE       | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260578   | RC-120     | SE          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260579   | RC-121     | SW SE       | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260580   | RC-122     | SE          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260581   | RC-123     | NE NW SW SE | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260582   | RC-124     | NE SE       | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW SW       | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260583   | RC-125     | NE NW       | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260584   | RC-126     | NE          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260585   | RC-127     | NE NW       | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC260586   | RC-128     | NE          | 32  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285063   | RC- 129    | NW          | 7   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285064   | RC- 130    | NE NW       | 7   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285065   | RC- 131    | NW          | 7   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285066   | RC- 132    | NE NW       | 7   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285067   | RC- 133    | SW          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 7   | 12N | 92W | 6  |                          |
| WMC285068   | RC- 134    | SW SE       | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE NW       | 7   | 12N | 92W | 6  |                          |
| WMC285069   | RC- 135    | NE          | 7   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285070   | RC- 136    | NE          | 7   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 8   | 12N | 92W | 6  |                          |
| WMC285071   | RC- 137    | NE          | 7   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285072   | RC- 138    | NE          | 7   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 8   | 12N | 92W | 6  |                          |
| WMC285073   | RC- 139    | SE          | 6   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 7   | 12N | 92W | 6  |                          |
| WMC285074   | RC- 140    | SW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 6   | 12N | 92W | 6  |                          |
|        |       | NE          | 7   | 12N | 92W | 6  |                          |
|        |       | NW          | 8   | 12N | 92W | 6  |                          |
| WMC285075   | RC- 141    | NW          | 8   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285076   | RC- 142    | NE NW       | 8   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285077   | RC- 143    | NW          | 8   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285078   | RC- 144    | NE NW       | 8   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285079   | RC- 145    | SW          | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 8   | 12N | 92W | 6  |                          |
| WMC285080   | RC- 146    | SW SE       | 5   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE NW       | 8   | 12N | 92W | 6  |                          |
| WMC285081   | RC- 147    | NE          | 8   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 9   | 12N | 92W | 6  |                          |
| WMC285082   | RC- 148    | NW          | 9   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285083   | RC- 149    | NE          | 8   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 9   | 12N | 92W | 6  |                          |
| WMC285084   | RC- 150    | NW          | 9   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285085   | RC- 151    | SW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 5   | 12N | 92W | 6  |                          |
|        |       | NE          | 8   | 12N | 92W | 6  |                          |
|        |       | NW          | 9   | 12N | 92W | 6  |                          |
| WMC285086   | RC- 152    | SW          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 9   | 12N | 92W | 6  |                          |
| WMC285091   | RC- 157    | SW SE       | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE NW       | 9   | 12N | 92W | 6  |                          |
| WMC285092   | RC- 158    | SE          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 9   | 12N | 92W | 6  |                          |
| WMC285093   | RC- 159    | NE          | 9   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 10  | 12N | 92W | 6  |                          |
| WMC285094   | RC- 160    | NW          | 10  | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285095   | RC- 161    | NE          | 9   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 10  | 12N | 92W | 6  |                          |
| WMC285096   | RC- 162    | NW          | 10  | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285097   | RC- 163    | SW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 4   | 12N | 92W | 6  |                          |
|        |       | NE          | 9   | 12N | 92W | 6  |                          |
|        |       | NW          | 10  | 12N | 92W | 6  |                          |
| WMC285098   | RC- 164    | SW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NW          | 10  | 12N | 92W | 6  |                          |
| WMC285099   | RC- 165    | SW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 4   | 12N | 92W | 6  |                          |
| WMC285100   | RC- 166    | SW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285101   | RC- 167    | SW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 4   | 12N | 92W | 6  |                          |
| WMC285102   | RC- 168    | SW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285103   | RC- 169    | SW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | SE          | 4   | 12N | 92W | 6  |                          |
| WMC285104   | RC- 170    | SW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285105   | RC- 171    | NW SW       | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE SE       | 4   | 12N | 92W | 6  |                          |
| WMC285106   | RC- 172    | NW SW       | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285107   | RC- 173    | NW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 4   | 12N | 92W | 6  |                          |
| WMC285108   | RC- 174    | NW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285109   | RC- 175    | NW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 4   | 12N | 92W | 6  |                          |
| WMC285110   | RC- 176    | NW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285111   | RC- 177    | NW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 4   | 12N | 92W | 6  |                          |
| WMC285112   | RC- 178    | NW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285113   | RC- 179    | NW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
|        |       | NE          | 4   | 12N | 92W | 6  |                          |
| WMC285114   | RC- 180    | NW          | 3   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285115   | RC- 181    | NE NW SW SE | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285116   | RC- 182    | NE SE       | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285117   | RC- 183    | NE NW       | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285118   | RC- 184    | NE          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285119   | RC- 185    | NE NW       | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285120   | RC- 186    | NE          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285121   | RC- 187    | NE NW       | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285122   | RC- 188    | NE          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285123   | RC- 189    | NE NW       | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285124   | RC- 190    | NE          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285125   | RC- 191    | SW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285126   | RC- 192    | SW SE       | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285127   | RC- 193    | SW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285128   | RC- 194    | SW SE       | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285129   | RC- 195    | SW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285130   | RC- 196    | SW SE       | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285131   | RC- 197    | SW          | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285132   | RC- 198    | SW SE       | 33  | 13N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285133   | RC- 199    | SE          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285134   | RC- 200    | SE          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |
| WMC285135   | RC- 201    | SE          | 4   | 12N | 92W | 6  | STRATHMORE RESOURCES (US) LTD |

| State | Lease No. | Property      | Acre | Sec | Twn | Rge | Acquired |
|-------|-----------|---------------|------|-----|-----|-----|----------|
| WY    | 0-41095   | Juniper Ridge | 640  | 36  | 13N | 93W | 2-Apr-05 |

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