Document:

MOSQUITO
      CONSOLIDATED GOLD MINES LTD.

    MSQ-
      TSX- VENTURE

     

    
      	
              Tel:
                604-689-7902

            	
              MSQ@
                TELUS.NET

            	
              FAX:
                604-689-7816

            
	 	 	 
	
              April
                17, 2007

            	 	 

    

     

    Mosquito
      Stakes Copper-Silver-Indium Property near Mina. Nevada

     

    The
      Board
      of Directors of Mosquito Consolidated Gold Mines Ltd. wish to report that 40
      claims have been staked to cover a mineralized area located approx. 4 miles
      north of the Pine tree project in Nevada known as "Copper Chief”. The area was
      staked after a grab sample from an existing trench along the contact of a quartz
      diorite intrusion assayed 12.02% copper, 356 gms silver/T, 7.93 gms indium
      /T
      and 0.78% Zinc. The presence of indium within the area was not recognized
      previously. The close proximity to Pine tree is very significant and further
      work is ongoing to determine the relationship between the two mineralized
      areas.

     

    The
      Copper Chief area consists of a series of 1 to 10 meter wide, east to north
      east
      trending zones of copper bearing skarn along the contacts of a series of quartz
      diorite dykes, where they cut a thick (up to 2000 feet) sequence of limestone,
      dolomite and fine sandstones. Previous work, consisting of mapping, surface
      sampling and diamond drilling, concentrated only in the area of the surface
      exposures which include several trenches and adits. Examination of the area
      by
      Mosquito personnel indicates that the exposed mineralization appears similar
      to
      mineralization found on the periphery of the Pine tree and other deposits in
      the
      region.

     

    The
      varied compositions of the quartz diorite dykes show the potential for a larger,
      differentiating quartz diorite intrusion close to the current mineralization,
      surface iron rich alteration located away from the historic work also confirm
      this potential. The target for exploration is a large copper, silver, indium
      bearing skarn in the immediate vicinity of the main quartz diorite intrusion.
      Mosquito plans to undertake detailed mapping and sampling of the staked area
      and
      then use the company owned air rotary/reverse circulation drill to prospect
      beneath the extensive alteration zones.

     

    On
      the
      Pine Tree Deposit, extreme weather conditions have slowed drill production.
      Drill-hole 11 was abandoned due to driller error. Drill-hole 11 A was collared
      10 feet away and is currently drilling at 800 feet. Drill-hole llA intersected
      the top of the molybdenum bearing mineralized zone at 177 meters (582 feet).
      Target depth is 518 meters (1700 feet).

    Mosquito
      has purchased a new air rotary/reverse circulation drill and is being used
      to
      pre-drill the top 152 meters (500 feet) (generally barren) of each of the
      diamond drill holes. The top 152 meters of all drill-holes to date have
      encountered extremely difficult diamond drill conditions. Diamond drilling
      is
      substantially better (2

    to
      3
      times) below 152 meters. Diamond drilling to date shows that over a month can
      be
      spent drilling the upper

    152
      meters, due to broken and oxidized zone. This is common in Nevada which is
      known
      for its difficult and high cost drill conditions. Pre-drilling collars using
      air
      rotary has resulted in significant savings in overall drill costs.

     

    The
      air
      rotary drill has already completed two pre-drill holes (diamond drill holes
      # 13
      and # 14) to 152 meters (500 feet) and has drilled a twin hole beside Hole
      PT06-6 to determine if the air rotary system can be used for infill drilling
      between the diamond drill holes. The rig is now continue to pre-drill the upper
      part of the 25 proposed diamond drill holes for this years program., this
      drilling should be completed in 4 to 6 weeks. Once the diamond and air rotary
      drilling is completed, Mosquito intends to use the data to produce a 43-101
      compliant resource for the property.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Of
      significance, a grab sample of a 1.5 meter wide east west trending shear zone
      on
      the east side of the property assayed 4.2 gms gold IT;
      356
      gms
      silver IT;
      1.21
      gms
      Indium IT
      and
      5.92%
      lead. This is similar to a grab sample taken across the 1.6 meter wide, north
      trending Bettles shear that assayed 4.67 gms gold/T; 492 gms silver/T, 0.23
      gms
      indium /T
      and
      3.92%
      lead. The two areas are approximately 1,000 meters apart. Although only grab
      samples, these confirm the potential for gold bearing quartz veins increasing
      to
      the east. It should be noted that these types of precious-base metals veins
      commonly occur around the periphery of porphyry type deposits and can contribute
      to the overall economics of the deposit. Mosquito intends to further investigate
      the potential of these veins during this summer's exploration
      program.

    

    Mr.
      Shaun
      M. Dykes, M.Sc. (Eng), P.Geo. Director of Mosquito is the designated qualified
      person for the Mosquito's Projects, and prepared the technical information
      contained in this news release.

    

    ON
      BEHALF OF THE BOARD Mosquito Consolidated Gold Mines Ltd.

    

    Brian McClay,
      

    President

    

    THIS
      NEWS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS
      CONTENTS. THE TSX- VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THIS
      RELEASE.MANAGEMENT
      AGREEMENT

     

    This
      Management Agreement is dated for reference August 4, 2005.

     

    BETWEEN:

     

    BRIAN
      MCCLAY,
      businessman, of 938
      West
      49th
      Avenue,
      Vancouver, BC V5Z 2S9

     

    (the
      “Manager”)

     

    AND:

     

    MOSQUITO
      CONSOLIDATED GOLD MINES LIMITED,
      a
      company having a registered and records office located at Suite 1925, 700 West
      Georgia Street, PO Box 10037, Pacific Centre, Vancouver, BC, V7Y
      1A1

     

    (the
      “Company”)

     

    WHEREAS:

     

    A. The
      Company has agreed to retain the services of the Manager on the terms and
      conditions hereinafter set forth effective the date referenced above;
      and

     

    B. The
      Manager has agreed to be retained by the Company upon the terms and conditions
      hereinafter set forth.

     

    NOW
      THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the premises and
      mutual covenants and agreements herein contained, the parties hereto covenant
      and agree each with the other as follows:

     

    
      	
              1.

            	
              RETAINER

            

    

     

    The
      Company hereby retains the Manager and the Manager hereby accepts such retainer,
      to perform the duties and render the services set forth herein during the term
      of this Agreement.

     

    
      	
              2.

            	
              TERM

            

    

     

    This
      Agreement shall be renewable for a term of one further year subject to the
      approval of the board of directors prior to each renewal.

     

    
      	
              3.

            	
              COMPENSATION

            

    

     

    As
      compensation for the services of the Manager during the term of this Agreement,
      the Company shall pay the Manager a monthly salary of $8,000.00.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              4.

            	
              REIMBURSEMENT
                FOR EXPENSES

            

    

     

    The
      Manager will be reimbursed for all reasonable out-of-pocket expenses incurred
      by
      the Manager in or about the execution of his duties which are pre-approved
      by
      the Company.

     

    
      	
              5.

            	
              DUTIES
                AND SERVICES

            

    

    

    In
      carrying out its obligations under this Agreement the Manager
      shall:

    

    
      	 	
              (a)

            	
              subject
                to the Company's approval and the Company's right to designate legal
                counsel to engage such legal counsel, auditors, brokers, or other
                agents
                as may be necessary for the proper performance of the duties of the
                Manager hereunder;

            

    

    

    
      	 	
              (b)

            	
              notify
                the Company promptly of any lawsuits, or governmental orders or actions
                or
                any threats thereof that become known to the Manager that might adversely
                affect the Company or any interest of the Company, provided that
                in the
                case of a threat thereof, actual steps to enforce such threat must
                become
                known to the Manager or in the Manager's reasonably judgment appear
                imminent;

            

    

    

    
      	 	
              (c)

            	
              assist
                the Company in complying with all present and future laws, ordinances,
                orders, rules, regulations and requirements (the "Laws") of all federal,
                provincial and local governments, courts, departments, commissions,
                boards
                and offices, or any other body exercising functions similar to those
                of
                any of the foregoing;

            

    

    

    
      	 	
              (d)

            	
              give
                prompt notice to the Company of any violation or notice of alleged
                violation of any Law and to deliver to the Company copies of any
                such
                supporting papers received in connection with such notice; the Manager
                shall not bear responsibility for failure of the Company to comply
                with
                such Laws unless the Manager is negligent or has committed a wilful
                act or
                omission in the performance of its obligations under this Agreement
                or in
                the performance of any other duties owed to the Company or third
                parties
                by the Manager;

            

    

    

    
      	 	
              (e)

            	
              assist
                the Company in obtaining, developing, and maintaining contacts with
                other
                persons or companies who might assist the Company in developing and
                meeting business objectives;

            

    

    

    
      	 	
              (f)

            	
              do
                all such acts and things as may be required to foster and facilitate
                and
                enhance a positive reputation of the Company and its securities in
                the
                marketplace;

            

    

    

    
      	 	
              (g)

            	
              handle
                inquiries and reasonable requests from the general public or any
                regulatory authorities which, in the event an expenditure of money
                is
                required, shall be at the Company's
                expense;

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	 	
              (h)

            	
              notify
                the Company or any major inquiry, complaint or request made by the
                general
                public or any regulatory authority and deliver to the Company copies
                of
                any supporting papers received in connection with such inquiry, complaint
                and request;

            

    

    

    
      	 	
              (i)

            	
              at
                the Company's expense, undertake public relations and advertising
                campaigns to advertise and make the public aware of the Company and
                its
                business;

            

    

    

    
      	 	
              (j)

            	
              perform
                all other functions relating to administration and promotion of the
                Company as may be customary and usual for the management of a company
                of
                the size and nature of the Company, in accordance and as limited
                by this
                Agreement;

            

    

    

    
      	 	
              (k)

            	
              perform
                any other services or functions reasonably required by the Company
                and
                within the general scope of the Manager's duties as set forth in
                this
                Agreement;

            

    

    

    
      	 	
              (l)

            	
              perform
                other normal business functions and otherwise operate and manage
                the
                administration of the Company's business in accordance with and as
                limited
                by this Agreement; and

            

    

    

    
      	 	
              (m)

            	
              co-ordinate
                the release of all information about the Company by filing the prescribed
                form of documents with governmental regulatory authorities as may
                be
                required from time to time including, but not limited
                to:

            

    

    

    -       
       audited
      and interim financial statements 

     

    -        
      quarterly
      reports

     

    -         annual
      reports

     

    -         filing
      statements

     

    -         statements
      of material facts

     

    -         certified
      copies of directors resolutions

     

    -         notices
      of change of address

     

    -         news
      releases.

     

    
      	
              6.

            	
              TERMINATION
                OF AGREEMENT

            

    

     

    Notwithstanding
      any other provision herein, it is understood and agreed by and between the
      parties hereto that the Manager may resign his retainer hereunder by giving
      one
      month’s written notice of such intention to resign.

     

    
      	
              7.

            	
              CONFIDENTIAL
                INFORMATION

            

    

     

    The
      parties hereto acknowledge and agree that the Manager will have access to
      confidential and secret information and therefore the Manager agrees that during
      the term of this Agreement and on termination or expiry of same, for any reason
      whatsoever, the Manager will not divulge or utilize for his own benefit or
      to
      the detriment of the Company any of such secret or confidential
      information.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              8.

            	
              PERSONAL
                CONTRACT

            

    

     

    This
      Agreement and all other rights, benefits and privileges herein confirmed will
      be
      personal, and accordingly may not be assigned by the Manager.

     

    
      	
              9.

            	
              NOTICES

            

    

     

    All
      notices or other instruments or communications provided for in this Agreement
      shall be in writing and signed by the party giving same and shall be deemed
      properly given if sent by courier deliver addressed to such part at the address
      set out above, or to such facsimile number as each party to this Agreement
      has
      provided to the other from time to time. Each party may by notice to the other
      party, specify any other address or facsimile number for the receipt of such
      notices, instruments or communications. Any notice, instrument or communication
      sent by facsimile transmission shall be deemed properly given only when received
      by the person to whom it is sent.

     

    
      	
              10.

            	
              APPLICABLE
                LAW

            

    

     

    This
      Agreement shall be governed by the laws of the Province of British Columbia,
      Canada.

     

    
      	
              11.

            	
              ENTIRE
                AGREEMENT

            

    

     

    This
      Agreement represents the entire agreement between the parties and supersedes
      any
      and all prior agreements and understandings, whether written or oral, between
      the parties. The Manager acknowledges that he was not induced to enter into
      this
      Agreement by any representation, warranty, promise or other statement except
      as
      contained herein.

     

    
      	
              12.

            	
              AMENDMENT

            

    

     

    This
      Agreement may not be amended or otherwise modified except in writing signed
      by
      both parties.

     

    
      	
              13.

            	
              HEADINGS

            

    

     

    All
      headings and titles in this Agreement are for reference only and are not to
      be
      used in the interpretation of the terms hereof.

     

    
      	
              14.

            	
              ACCEPTANCE
                OF AGREEMENT

            

    

     

    This
      Agreement is subject to the approval of the Board of Directors of the
      Company.

    
      
        
        

      

      
        
        

        
          

        

      

       

    

     

    IN
      WITNESS WHEREOF the parties hereto have executed this Agreement as of the
      4th
      day of
      August, 2005.

     

     /s/
Brian
      McClay
      
        

      

    

    BRIAN
      MCCLAY

     

     

    MOSQUITO
      CONSOLIDATED GOLD MINES LIMITED

     

     

    Per:
      /s/
      William Jefferies     

    
      

    

    Authorized
      Signatory

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