EXHIBIT 10.5

                              BLACK BEAR AGREEMENT
                              --------------------
                              Dated: August 1, 1996


                                OPTION AGREEMENT

                                     between


                         Frank H. Piatt, John R. Heigis
                                 Thomas C. Rich


                                       and

                      Idaho Consolidated Metals Corporation
     <PAGE>
                              BLACK BEAR AGREEMENT
                                OPTION AGREEMENT


     THIS AGREEMENT is dated August 1, 1996.

     BETWEEN:

     FRANK H. PIATT, JOHN R. HEIGIS, THOMAS CAT RICH;

     (hereinafter called the "Owner")


                                                          OF THE FIRST PART

     AND:

          IDAHO CONSOLIDATED METALS CORPORATION, a body corporate
          incorporated under the laws of the Province of British Columbia
          having a place of business at 504 Main, Suite 470, Lewiston,
          Idaho, U.S.A.

          (hereinafter called the "Optionee")

                                                         OF THE SECOND PART


                      OPTION TERM AND PROPERTY DESCRIPTION

     1.   The Owner hereby options to the Optionee all of the property
          described in Schedule "A" together with, except as may be
          expressly provided in Schedule "A", all:

          (a)  tailings, dumps and mine wastes;

          (b)  surface rights, easements and rights of way incident
               thereto;

          (c)  mining and water rights incident thereto; and

          (d)  improvements, fixtures, personal property, mining machinery
               and tooks thereon useful  or convenient for mining and
               related uses.

     herein defined as "Mining Property".
     <PAGE>
                                      TITLE

     2.1    The Owner represents that it is in exclusive possession of and
            bears full mining privileges to the Mining Property, subject to
            the rules and regulations of the State of Idaho. Owner warrants
            and shall defend title to all of the Mining Property for which
            Owner warrants in Subsections (2) and (3) hereof.

     2.2    Owner represents that the mining claims have been properly
            acquired and maintained and that any required validation work
            has been properly performed; assessment work and proof of
            assessment  work duly performed and filed or otherwise properly
            carried out under the provisions of the applicable legislation.

     2.3    Owner warrants that the Mining Property is free and clear of
            all liens and encumbrances, including any leases, rights or
            licences granted to third persons by, through or under Owner,
            except taxes not yet payable and those liens and encumbrances,
            if any, specifically described in Schedule "A".

     2.4    Owner shall not create, permit or suffer any liens or
            encumbrances on the Mining Property unless expressly
            subordinated to Optionee's rights hereunder. If the Mining
            Property or any interest  therein should be subject to lien or
            encumbrance, Optionee, at its option, may discharge the same
            and thereby be subrogated to all the rights of the holder
            thereof, and may recover any amounts so paid from any amounts
            otherwise due to Owner.

     2.5    Owner shall at Optionee's request take all action necessary to
            cure any defect in or remove any cloud on title to the Mining
            Property, including participation in judicial proceedings and
            recordation of any unrecorded documents. If after notice or
            demand Owner fails to do so, Optionee may take such action in
            Owner's name and recover its reasonable costs and expenses,
            including attorney's fees, from amounts otherwise due to Owner.

     2.6    Owner shall provide Optionee with all data and information
            related to title to the Mining Property and copies of all
            unrecorded documents related thereto.

     2.7    Neither the Optionee's execution of this Agreement nor its
            failure to disapprove Owner's title shall constitute an
            admission of or estoppel as to the validity of Owner's title.  
     <PAGE>
                                 OPTION PAYMENTS

     3.     The Owner shall receive $4,500.00 on the execution of this
            Agreement (receipt of which is hereby acknowledged).  The
            Optionee agrees to pay to the Owner the sum of $1,200.00 per
            quarter commencing July 1, 1996 (July 1 payment has been made)
            in order to keep this option in good standing. This payment
            shall continue for one (1) year. At the end of the first year,
            the Optionee can elect to proceed with either of the following
            two options.

            OPTION I -  The Optionee can elect to purchase the property and
                        the Owner agrees to transfer all right, title and
                        interest in the property to the Optionee for a
                        total price of $90,000. 

            OPTION II - The Optionee agrees to pay to the Owner the sum of
                        $2,400 per quarter for  a year total of $9,600 and
                        a cumulative total of $9,600.  In the second year,
                        the quarterly payment will increase by $1,200 to
                        $3,600. This will give a total for the second year
                        of $14,400 and a cumulative total of $24,000. In
                        the third year, the quarterly payments will
                        increase by $1,200 to $4,800 for a year total of
                        $19,200 and a cumulative total of $43,200.  In year
                        four, the quarterly payments will increase by
                        $1,200 to $6,000 per quarter for a year total of
                        $24,000 and a cumulative total of $67,200. In year
                        five, the quarter payments will increase by $1,200
                        to $7,200 per quarter for a year total of $28,800,
                        and a cumulative total of $96,000.   At the end of
                        year five, the Optionee will make a final payment
                        of $24,000 for a cumulative total of $120,000. The
                        Owner agrees to transfer all right, title and
                        interest in the property to the Optionee. Schedule
                        B has the payment schedule listed for the first
                        year and for the two options as well. 

            In the event that the Optionee places the property into
            production the Owner agrees to transfer all right, title and
            interest in the property to the Optionee and the owner shall be
            entitled to receive $120,000.00 less all quarterly payments
            made to the date when the property is placed in production. In
            the event the property is not placed into production by July 1,
            2002 then the Optionee shall have no further interest in the
            property unless the Optionee elects to pay to sum of $120,000
            to the Owners less all quarterly payments made on or before
            July 1, 2002.
     <PAGE>
                                 WORK COMMITMENT

     4.     The Optionee agrees to expend a total of $3,000.00 on the
            property on or before July 1, 1997  and to expend a minimum of
            $3,000.00 per year each and every year thereafter so as to
            maintain its interest in the property.


                                METHOD OF PAYMENT

     5.     All payments due Owner shall be deemed received by Owner if
            sent certified mail  to Thomas Cat Rich, Box 241, Kooskia, ID
            83539. Optionee shall not be liable for distribution of
            payments from such account and Owner shall bear all charges of
            financial institution.


                              EXCLUSIVE POSSESSION

     6.     Optionee shall have exclusive possession and quiet enjoyment of
            the Mining Property while this Agreement is in effect.


                                 ADVERSE CLAIMS

     7.1    If Owner should own less than the entire ownership interest
            described in the Mining Property, all payments shall be payable
            to Owner only in the proportion to Owner's actual ownership. If
            production from the Mining Property or any part thereof should
            be subject to any royalty or interest in production other than
            those expressly reserved to Owner herein, Optionee may credit
            all costs and expenses it incurs by reason of such royalty or
            interests against amounts otherwise due to Owner.

     7.2    Optionee shall have no obligation to protect or defend if any
            third person asserts any claims to the Mining Property for any
            reason except Optionee's failure to perform obligations
            expressly required by this Agreement.

     7.3    If any third person asserts any claim to the Mining Property or
            to any amounts payable by Optionee, Optionee may deposit any
            amounts payable by Optionee, Optionee may deposit any amounts
            otherwise due Owner in escrow until the dispute is finally
            resolved. Optionee may credit all costs and expenses including
            attorney's fees, it incurs by reason of such claim against all
            amounts otherwise due Owner.
     <PAGE>
                                      TAXES

     8.     Optionee shall pay all taxes on the Mining Property accruing
            while this Agreement is in effect but apportioned appropriately
            for fractions of years. All taxes shall be paid before
            delinquent, but neither party shall be under any obligation to
            pay any tax while contesting it in good faith.


                                 ASSESSMENT WORK

     9.1   Optionee shall perform:

            (a)  assessment work (unless deferred or excused) or make
                 payments in lieu of assessment work to necessary parties
                 for the benefit of the leased state land included in this
                 Agreement according to the laws and statutes of the State
                 of Idaho;

            (b)  no additional work commitments above and beyond those
                 judged necessary by the Optionee.

     9.2    Owner agrees that all contiguous property are to be treated as
            a whole pursuant to any limitations or rulings by the State of
            Idaho and that any assessment work conducted on any part of any
            property can be applied to the necessary assessment work for
            any or all those lumped properties when such work is required
            by state law.


                          EXPLORATION AND MINING RIGHTS

     10.1   Owner grants Optionee unrestricted access to the Mining
            Property and the exclusive rights:

            (a)  to explore, develop and mine, and to extract, remove,
                 store and dispose of any and all ores, minerals, air,
                 water, waste and other materials from the Mining Property
                 by means of underground or surface mining operations in or
                 on the Mining Property or other property and to deposit on
                 the Mining Property materials from the Mining Property or
                 other property;

            (b)  to carry on mining, milling, treatment, processing,
                 beneficiating, smelting and refining operations on or in
                 the Mining Property with respect to ores, minerals and
                 other materials from the Mining Property or other
                 property, including existing tailings, wastes and dumps;
     <PAGE>
            (c)  to use any part of the Mining Property for stockpiles,
                 tailings, wastes or dumps, and for any other purpose
                 incident to the underground or surfacing mining on the
                 Mining Property or other property;

            (d)  to erect or construct, use and maintain on the Mining
                 Property such roads, facilities, buildings, structures,
                 machinery and equipment as Optionee may require for the
                 conduct of its operations on the Mining Property or other
                 property;

            (e)  to continue to keep this Agreement in effect and use the
                 Mining Property for mining, milling, treatment,
                 processing, beneficiation, smelting, refining or storage
                 of ores, minerals and other materials from other property
                 with such use being deemed the conduct of development and
                 mining operations by the Optionee; and

            (f)  to stockpile or to sell or otherwise dispose of ores,
                 minerals and other materials in such forms at such times
                 and on such terms as Optionee along may determine.

     10.2   Optionee shall conduct its operations in a good and workmanlike
            manner in substantial compliance with the then generally
            accepted understanding of applicable laws and regulations in
            the mining industry.


                                  RIGHT OF WAY

     11.    While this Agreement is in effect, Optionee shall have non-
            exclusive rights of way upon, over, into and through the Mining
            Property and other property now or hereafter owned, leased or
            otherwise controlled by Owner to construct, improve, and
            maintain such pipelines, communication lines, electrical power
            or transmission lines, roads, railroads, tramways, flumes,
            tunnels, drifts and other facilities as may be necessary or
            convenient for Optionee's operations in the vicinity of the
            Mining Property.


                             LIABILITY AND INDEMNITY

     12.1   Optionee shall keep the Mining Property free of liens for
            labour performed and materials furnished for Optionee. Subject
            to the limitations in this section, Optionee shall hold Owner
            harmless from all liability to third persons caused by
            Optionee's operations on the Mining Property which result in
            injury to or death of persons or livestock or damage to
            personal property or liability for violation of applicable laws
            or regulations.
     <PAGE>
     12.2   In no event shall Optionee's liability for damage or economic
            loss to Owner's property, whether resulting from Optionee's
            negligence or otherwise, exceed the fair market value of the
            affected property (not including its value for mining or
            related purposes).

     12.3   Within a reasonable time after termination of this Agreement
            Optionee shall begin and diligently pursue to completion any
            reclamation of Owner's real property then required by
            applicable laws and regulations by reason of Optionee's
            operations. Optionee's liability with respect to disturbance of
            real property shall be limited to compliance with such laws and
            regulations.

     12.4   The payments and the performance of assessment work as herein
            expressly required are in lieu of any obligation of Optionee
            express or implied, to explore, develop or mine the Mining
            Property or to make any other efforts or expenditures in
            connection therewith.

     12.5   The obligations and limitations of liability in this section
            shall survive termination of this Agreement.


                                RIGHT TO INSPECT

     13.    At reasonable times Owner may at Owner's risk and expense enter
            the Mining Property to make reasonable inspections 


                                  RIGHT TO DATA

     14.1   Upon execution of this Agreement, Owner shall make available to
            Optionee for copying and general use all geological,
            geophysical and engineering data and maps, logs of drill holes,
            cuttings and cores, logging results, assay, sampling and
            similar data concerning the Mining Property in Owner's
            possession or control.

     14.2   The Optionee shall provide to the owner, geological reports of
            the Optionees exploration and development of the Mining
            Property on an ongoing basis.

     14.3   Upon request by Owner made within sixty (60) days after
            termination of this agreement, Optionee shall deliver to Owner
            a final report of its activities on the Mining Property
            together with copies or summaries of all assay results and
            electric and drill hole logs and copies of drill hole location
            maps including interpretations and evaluations thereof which
            Optionee has obtained as a result of work on the Mining
            Property under this Agreement. Optionee shall have no liability
            on account of any such data relied on acted on by Owner.
     <PAGE>
                              DEFAULT RECTIFICATION

     15.1   Default by Optionee in performance of any obligation arising
            hereunder shall not work a forfeiture or termination of this
            Agreement, nor cause the termination or reversion of the estate
            created hereby, nor be grounds for cancellation hereof in whole
            or in part.

     15.2   If Optionee commits a default, Owner shall give Optionee notice
            specifying the default with particularity.  Owner's sole remedy
            shall be recovery of actual compensatory damages plus interest
            at the prevailing U.S. Treasury note rate for $10,000.00 notes
            held for ninety (90) days and the payment of the alleged
            default itself interest on which accrues from the date Optionee
            receives notice of default.  If Optionee by notice to Owner
            disputes the existence of the default, no interest shall accrue
            if Optionee, within thirty (30) days after the default is
            finally determined, initiates and diligently pursues to
            completion efforts to cure and default.


                              AFTER-ACQUIRED RIGHTS

     16.    If Owner acquires any right or interest within one (1) mile of
            the boundaries of the Mining Property while this Agreement is
            in effect:

            (a)  Owner shall promptly notify Optionee;

            (b)  such right or interest shall automatically become part of
                 the Mining Property for all purposes of this Agreement;
                 and

            (c)  Owner shall sign, acknowledge and deliver to Optionee an
                 amendment to this Agreement so as to include such right or
                 interest.

                                   TERMINATION

     17.1   Optionee may terminate this Agreement at any time by giving
            Owner notice of termination in recordable form.

     17.2   Upon termination or surrender, all rights and obligations of
            the parties with respect to the affected acreage shall
            terminate except for:

            (a)  Optionee's obligation to provide data and a report; and

            (b)  any outstanding quarterly payments; and

            (c)  any rights or obligations which expressly survive
                 termination.
     <PAGE>
                        REMOVAL OF PROPERTY AND EQUIPMENT

     18.    Optionee may, within one (1) year after termination of this
            Agreement, remove from Owner's real property all fixtures and
            personal property, including ores, tailings, dumps and wastes
            and improvements which it has erected or placed thereon except
            mine supports in place. Owner shall not be responsible for any
            such property of Optionee. Optionee may post watchmen on the
            Mining Property during such period.


                                  FORCE MAJEURE

     19.1   If Optionee shall be prevented by Force Majeure from timely
            performance of any acts or obligations hereunder, the failure,
            if any, shall be excused and the period for performance shall
            be extended for a period equal to the duration of the Force
            Majeure. Optionee shall promptly give Owner notice of
            commencement and termination of Force Majeure. Optionee shall
            use reasonable diligence to remove Force Majeure but shall not
            be required against its will to institute legal proceedings,
            adjust any labour dispute or challenge the validity of any law,
            regulation, action or inaction of government.

     19.2   "Force Majeure" includes any cause beyond Optionee's reasonable
            control, whether or not foreseeable, including but not limited
            to law, regulations, action or inaction of government,
            inability to obtain any public or private license, permit or
            authorization which may be required for operations in
            connection with the Mining Property or other property,
            including removal and disposal of waters, wastes and tailings
            and reclamation, mining casualty, damage to or destruction of
            mine or mill plans or facility, fire, explosion, inclement
            weather, flood, civil commotion, labour dispute, inability to
            obtain workmen or material, delay in transportation, economic
            conditions and acts of God.


                                   ARBITRATION

     20.    Any dispute arising out of or related to the negotiation,
            existence, performance, breach or termination of this Agreement
            shall be finally determined by arbitration. The exclusive place
            of arbitration shall be Lewiston, Idaho. Either party may
            compel arbitration by notice to the other. Within forty-five
            (45) days of the notice the parties shall select one
            arbitrator. If they fail to agree, the presiding Judge (or
            senior Judge in point of service if there is no presiding
            Judge) of the State Court for the place of arbitration shall 
     <PAGE>
            appoint one arbitrator from a list of three (3) persons
            submitted by each party. The arbitrator shall follow the
            procedural rules of the American Arbitration Association and
            shall apply the substantive law of the state where the Mining
            Property is located. The arbitrator shall issue his decision
            within six (6) months of his selection. Costs of arbitration
            shall be borne equally.


                                NOTICE PROVISIONS

     21.    All notices and other communications to either party shall be
            in writing and delivered personally or sent by prepaid mail.
            All notices of default or arbitration and demands for
            performance or assurance, if delivered personally to Optionee,
            shall be delivered to Optionee's Land Administrator and, if
            mailed to either party, shall be sent by certified or
            registered mail shall be effective on the next business day
            after the date of the actual delivery. Until a change of
            address is so given, notices shall be addressed to Optionee and
            Owner, respectively as set out herein.

            If to the Owners:

              Frank H. Piatt
              P.O. Box 1814          
              Lewiston, ID 83501
      
              John R. Heigis
              P.O. Box 536
              Juliaetta, ID 83535

              Thomas Cat Rich
              Box 241
              Kooskia, Idaho 83539

            If to the Optionee:

              Idaho Consolidated Metals Corporation
              504 Main, Ste 470
              P.O. Box 1124
              Lewiston, ID 83501


                               FURTHER ASSURANCES

     22.    The parties agree to execute any and all further documents and
            agreements as may be reasonably required to carry out the
            spirit and intent of this Agreement.
     <PAGE>
                            REGISTRATION OF DOCUMENTS

     23.    The parties may register their interests as they appear and the
            parties agree to cooperate fully with each other in any
            requirements for such registration.


                             APPOINTMENT OF ATTORNEY

     24.    The owner hereby appoints the optionee his true and lawful
            attorney for any purpose related to the carrying out of any
            terms or provisions of this Agreement and without limiting the
            generality of the foregoing for the purpose of any necessary
            applications or filings to any governmental body or agency.


                             RIGHT OF FIRST REFUSAL

     25.1   In the event that the owner receives a bona fide offer in
            lawful money of the United States, which it is willing to
            accept for the purchase of all its interest in said lands, from
            a person, firm or corporation ready, willing and able to
            purchase same, the owner shall immediately give written notice
            thereof to the optionee hereto, including in the said notice
            and name and address of the offeror, the price offered and all
            other pertinent terms and conditions of the offer. The
            optionee, for a period of thirty (30) days following receipt of
            said notice, shall have the prior and preferred right and
            option to purchase the owner's interest at the price and
            according to the terms and conditions specified in said offer.
            The optionee shall give written notice to the owner within said
            thirty (30) day period, to purchase the interest being sold.
            If, however, such right and option is not exercised by the
            optionee giving written notice thereof within thirty (30) days
            after the receipt of the above-mentioned notice, the owner may
            accept the offer and complete said sale to the offeror in
            accordance with said offer within sixty (60) days after the
            expiration of the said thirty (30) day period; provided that if
            the owner fails to accept said offer or to complete said sale
            within said sixty (60) day period, the preferred right  and
            option of the optionee hereunder shall be considered as revived
            and the owner shall not complete said sale to said offeror
            unless and until said offer has again been presented to the
            optionee, as hereinabove provided, and said optionee has again
            failed to elect to purchase on the terms and conditions of said
            offer.
     <PAGE>
     25.2   A party who wishes to dispose of its entire interest by merger,
            reorganization, consolidation or sale of all its assets, or a
            sale or transfer of its interest to a subsidiary or parent
            company, or subsidiary of a parent company, or to any company
            in which any one party owns a majority of the stock, where the
            transferee assumes the obligations hereunder of such party and
            thereby becomes a party to this Agreement shall not be bound by
            the provisions of the right of first refusal.

     25.3   An assignment shall not operate to relieve the assigned
            interest or the assignor from any liability or obligation which
            accrued prior to such assignment.


                               COMPLIANCE WITH LAW

     26.    The optionee shall be responsible for the compliance with all
            governmental rules and regulations as may from time to time be
            in effect including without limiting the generality of the
            foregoing, rules and regulations made pursuant to any mining,
            pollution and environmental requirements of the State of Idaho
            or other regulatory authority. The optionee shall be
            responsible for the posting of any bonds necessary for the
            reclamation and restoration of the property as required by any
            governmental agency and further the optionee agrees to obtain
            the consents, licenses and permits required which may be
            necessary for the carrying out of its operations. The owner
            agrees to cooperate with the optionee in the obtaining of such
            consents, licenses and permits.


                                BUYOUT PROVISIONS

     27.    The optionee shall have the right to buyout all of the owner's
            right, title and interest in and to the property described in
            Schedule "A" attached hereto, together with all ancillary
            rights appurtenant thereto for the sum of $120,000.00 less all
            payments made to the date of buyout in accordance with
            paragraph 3 hereof.

      
                               REGULATORY APPROVAL

     28.    The owners hereby acknowledge that this agreement is subject to
            Vancouver Stock Exchange regulatory approval and the optionee
            hereby agrees to obtain such approval on or before December 31,
            1996, failing which approval, this Agreement shall be of no
            further force and effect unless this time is extended by mutual
            agreement of the parties. The owners agree to cooperate in the
            obtaining of such approval.
     <PAGE>
                                 CONFIDENTIALITY

     29.    The owners hereby acknowledge that the optionee is a publicly
            held corporation traded on the Vancouver Stock Exchange and
            subject to the rules and regulations of the Superintendent of
            Brokers for British Columbia and they hereby agree not to
            release information about the property without obtaining the
            prior approval of the optionee, such approval not to be
            unreasonably withheld.


                                 RIGHT TO ASSIGN

     30.    The owners hereby acknowledge that the optionee shall have the
            right to assign their interest herein to the wholly owned
            subsidiary of the optionee and further, that the optionee shall
            have the right to assign their interest herein to third parties
            with the owners' consent, such consent not to be unreasonably
            withheld.


                             UNITED STATES CURRENCY

     31.    All sums of money referred to in the Agreement shall be
            expressed in United States currency.


                              DEVOLUTION PROVISIONS

     32.    All covenants, conditions and terms of this Agreement shall be
            of benefit to and run with the Mining Property and shall bind
            and inure to the benefit of the parties hereto, their
            respective successors and assigns. The only relationship
            between Owner and Optionee is that of lessor/lessee.  Nothing
            herein shall be construed to create, expressly or by
            implication a partnership, joint enterprise, relationship of
            master and servant or principal and agent, or the like, between
            parties.


                                    HEADINGS

     33.    The headings used in this Agreement are for convenience only
            and are to be disregarded in construing this Agreement.


                                ENTIRE AGREEMENT

     34.    This Agreement contains the entire agreement of the parties.
            There are no other conditions, agreements, representations,
            warranties or understandings, express or implied.
     <PAGE>
     The parties have executed this Agreement the day and year above
     written


     Signed, Sealed and Delivered by    )
     FRANK H. PIATT in the              )  /s/FRANK H. PIATT
     presence of:                       )  ------------------------------
                                        )  Frank M. Piatt
     Thomas Cat Rich                    )  August 5, 1996
     -----------------------------------) 
     Name                               )
                                        )
     P.O. Box 241                       )
     -----------------------------------)
     Address                            )
                                        )
     Kooskia, Idaho 83539               )
     -----------------------------------)
                                        )
     Logging, Construction and Mining   )
     -----------------------------------)
     Occupation                         )



     Signed, Sealed and Delivered by    )
     JOHN R. HEIGIS in the              )  /s/JOHN R. HEIGIS
     presence of:                       )  ------------------------------
                                        )  John R. Heigis
     Thomas Cat Rich                    )  August 5, 1996
     -----------------------------------)
     Name                               )
                                        )
     P.O. Box 241                       )
     -----------------------------------)
     Address                            )
                                        )
     Kooskia, Idaho 83539               )
     -----------------------------------)
                                        )
     Logging, Construction and Mining   )
     -----------------------------------)
     Occupation                         )
     <PAGE>
     Signed, Sealed and Delivered by    )
     THOMAS CAT RICH in the             )  /s/THOMAS CAT RICH
     presence of:                       )  ------------------------------
                                        )  Thomas Cat Rich
     Frank H. Piatt                     )  August 5, 1996
     -----------------------------------)
     Name                               )
                                        )
     P.O. Box 1814                      )
     -----------------------------------)
     Address                            )
                                        )
     Lewiston, Idaho 83501              )
     -----------------------------------)
                                        )
     Logging, Construction and Mining   )
     -----------------------------------)
     Occupation                         )



     SIGNED ON BEHALF OF IDAHO          )
     CONSOLIDATED METALS CORP           )
     by its duly authorized             )  /s/THOMAS CAT RICH
     signatories:                       )  ------------------------------
                                        )  Thomas Cat Rich
                                        )  August 5, 1996
     -----------------------------------)
     Authorized Signatory               )
                                        )
                                        )
                                        )
     -----------------------------------)
     Authorized Signatory               )
     <PAGE>
                                  SCHEDULE "A"




                                    PROPERTY
                                    --------

     This is Schedule "A" to that certain Agreement dated August 1, 1996 
     made between Frank H. Piatt, John A. Heigis, Thomas Cat Rich and Idaho
     Consolidated Metals Corporation.


      IMC      BLM                              Date of
      No.      No.         Claim Name           Location     Record Date
     ------   -----   ----------------------   -----------   -----------
     297158   72588   Black Bear Group No. 1   March 16/82   March 22/82

     297159   72589   Black Bear Group No. 2   March 16/82   March 22/82

     297160   72590   Black Bear Group No. 3   March 17/82   March 22/82

     297161   72591   Black Bear Group No. 4   March 17/82   March 22/82

     297162   72592   Black Bear Group No. 5   March 18/82   March 22/82

     297163   72593   Black Bear Group No. 6   March 18/82   March 22/82


     all located in the Elk City Mining District, T 29N Range 8E, County of
     Idaho, State of Idaho, United States of America. 
     <PAGE>
                                  SCHEDULE "B"


     IDAHO CONSOLIDATED METALS CORPORATION
     BLACK BEAR CLAIMS - PAYMENT SCHEDULE

     File:     BB2.wb2
     Revised:  07/21/96
     Printed:  08/05/96


     FIRST YEAR
     ----------

                     Payments  Comments
                     --------  --------
     Upon Signing    $ 4,500
     July 1, 1996      1,200     Paid
     Aug. 5, 1996        400     Paid    Payment to complete the quarter
     Nov. 1, 1996      1,200
     Feb. 1, 1996      1,200
     May 1, 1996       1,200
                     -------
     Total           $ 9,700
                     =======


     OPTION I
     --------
     Aug. 1, 1997    $90,000
                     =======


     OPTION II
     ---------

     <TABLE>
      <CAPTION>

             Quarterly    Yearly    Cumulative
      Year   Payments     Total       Total                          Comments
      ----   ---------   --------   ----------   --------------------------------------------------
      <S>    <C>         <C>        <C>          <C>
      1997   $  2,400    $  9,600    $  9,600    Quarterly payments starting August 1, 1997
      1998      3,600      14,400      24,000
      1999      4,800      19,200      43,200
      2000      6,000      24,000      67,200
      2001      7,200      28,800      96,000
      2002                 24,000    --------
                                     $120,000    Final payment at the end of year 5, August 1, 2002
                                     ========
      </TABLE>

     Note:  At the end of year 1, Idaho Consolidated Metals can select
            either Option I or Option II.
<PAGE>