Document:

Exhibit
      10.1

    

    Khul
      Morit Project - Mongolia Drill Hole Summaries 

    

    K04-01
      (292.8 m) 

     

    This
      hole
      was drilled to test the strong chargeability response at this location. The
      chargeability was explained by the presence of coarse pyrite clots associated
      with tourmaline alteration in the upper part of the drill hole. This anomaly
      should have further drill testing to the west, as this a large and strong
      anomaly measuring 400-500m in an east-west direction. 

    

    The
      tourmalinization seen in drill hole K04-01 is probably related to the areas
      of
      tourmaline brecciation (with copper) located north and west of drill hole
      K04-01. Copper mineralization may occur in the intervening zone between drill
      hole K04-01 and the area of the trench nine area drilling, located approximately
      550 meters southwest of drill hole K04-01. 

    

    Anomalous
      values include: 

    

      
        	
                Sample
                  No.

              	 	
                Interval

              	 	
                Width

              	 	
                Grade

              
	
                183709

              	 	
                29.1-30.75
                  

              	 	
                1.65m

              	 	
                0.103%
                  Cu

              
	
                183718

              	 	
                51.0-52.80
                  

              	 	
                1.8m

              	 	
                0.108%
                  Cu

              
	
                183739

              	 	
                112.8-115.8

              	 	
                3.0m
                  

              	 	
                0.129%
                  Cu

              

      

    

     

    183725
      67.8-70.8 3.0m 181 ppb Au

    

    K04-02
      (229.2 m) 

     

    Drill
      hole K04-02 was drilled for two reasons: to cross the area of surface scattered
      malachite at the base of the hill of sericite-tourmaline altered rhyolite
      porphyry/tuff, and to direct the hole towards trench T-9. Locally, strong areas
      of disseminated coarse pyrite with local chalcocite/bornite was encountered
      in
      the upper portion of drill hole K04-02; associated with sericite-tourmaline
      alteration. Sulphide (mainly pyrite) mineralization was prevalent throughout
      the
      drill hole. Anomalous copper occurs in this drill hole over a 15-metre interval
      from 31.8-46.8 metres. This interval contained an average grade of 0.153%
      copper. It is believed that this anomalous copper zone has formed as a result
      of
      its close proximity to the body of copper-bearing tourmaline breccia. Drill
      hole
      K04-02 was located near the boundary of the tourmaline breccia and was drilled
      away from the mineralized breccia outcrop. A copper value of 0.29% copper was
      returned from the 3-metre interval 73.8-76.8 metres, beyond which no further
      anomalous copper values were found in this drill hole. It is anticipated that
      the highest assay values will occur over the interval of approximately 28 to
      63
      m.

    

    K04-03
      (202.8 m) 

     

    Drill
      hole K04-03 was drilled along a similar azimuth to K04-02 to test the
      possibility of a north-south trend to the mineralization seen in K04-02.
      Mineralization was fairly weak in K04-03 and like hole K04-02, was mainly in
      the
      form of fine pyrite with possible fine associated chalcocite. 

    Both
      of
      these drill holes were drilled beyond (50-80 m) and away from the main area
      of
      the tourmaline breccia, where the best mineralization was encountered. These
      two
      holes are valuable in that they define the extent and grade of mineralization
      outside the immediate area of tourmaline brecciation. 

    

    K04-04,
      K04-05, K04-08 

     

    These
      3
      drill holes were the most significant drill holes located in the Trench Nine
      area. All three drill holes contained significant intervals of clast-supported
      tourmaline brecciation. Although this breccia has been referred to as a
      quartz-tourmaline breccia, the quartz component is of minor importance. The
      breccia zone is primarily a strongly disrupted zone of coarse angular rhyolite
      fragments with predominantly tourmaline matrix fills, locally with pyrite +/-
      associated chalcocite/bornite. Rhyolite fragments have also undergone pervasive
      tourmaline alteration/replacements.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    K04-04
      (208.8 m) 

     

    Drill
      hole K04-04 contained alternating zones of sericitized rhyolites and tourmaline
      breccias. This probably represents the variable contact zone between
      sulphide-bearing rhyolite breccia as it interfingers the less disrupted and
      less
      mineralized rhyolites. The drill hole traverses the southern side of the main
      prominent hill outcrop of tourmaline breccia. 

    

    Spectacular
      copper grades have been received for the tourmaline breccia zone at the top
      of
      drill hole K-04-04. The following table summarizes the main zone of strong
      copper mineralization found over the interval 25.8 to 61.8 metres. 

    

      
        	
                Sample
                  Number 

              	 	
                Interval
                  (m) 

              	 	
                Width(m)
                  

              	 	
                Copper
                  (%) 

              	 	
                Gold
                  (ppb)

              
	
                183884

              	 	
                25.8-28.8

              	 	
                3.0

              	 	
                0.046

              	 	
                <2

              
	
                1001

              	 	
                28.8-31.8

              	 	
                3.0

              	 	
                0.986

              	 	
                4

              
	
                1002

              	 	
                31.8-34.8

              	 	
                3.0

              	 	
                0.835

              	 	
                3

              
	
                183885

              	 	
                34.8-37.8

              	 	
                3.0

              	 	
                0.704

              	 	
                3

              
	
                1003

              	 	
                37.8-40.8

              	 	
                3.0

              	 	
                1.178

              	 	
                4

              
	
                1004

              	 	
                40.8-43.8
                  

              	 	
                3.0

              	 	
                0.608
                  

              	 	
                2

              
	
                183886

              	 	
                43.8-46.8

              	 	
                3.0

              	 	
                2.742

              	 	
                6

              
	
                1005

              	 	
                46.8-49.8

              	 	
                3.0

              	 	
                6.599

              	 	
                24

              
	
                1006

              	 	
                49.8-52.8

              	 	
                3.0

              	 	
                1.805

              	 	
                5

              
	
                1007

              	 	
                52.8-55.8
                  

              	 	
                3.0

              	 	
                3.888

              	 	
                10

              
	
                183887

              	 	
                55.8-58.8

              	 	
                3.0

              	 	
                0.182

              	 	
                <2

              
	
                183888

              	 	
                58.8-61.8

              	 	
                3.0

              	 	
                0.155

              	 	
                <2

              

      

    

     

    The
      weighted average across a 33 metre interval (28.8 to 61.8 m) assays 1.74%
      copper, which includes a higher grade section from 28.8 to 55.8 m (27 m)
      assaying 2.09% copper. 

    

    These
      are
      very high copper values located at near-surface levels. Copper-bearing
      tourmaline breccias in the area of this drill hole have only received minor
      investigation by diamond drilling. The main surface tourmaline breccia body
      has
      only been partially tested around its periphery. Further drilling is recommended
      to test the main body of tourmaline breccia, the dimensions of which remain
      indeterminate, but surfacly is in the order of 100 to 300 metres. 

    

    Anomalous
      copper values are associated with mineralized tourmaline breccias to a depth
      of
      159.2 metres in this drill hole. From 85.8 to 159.2 metres important copper
      assay values with anomalous gold are found associated with tourmaline breccia
      zones. The most significant values from the lower mineralized breccia zones
      are
      listed below: 

    

      
        	
                Sample
                  Number 

              	 	
                Interval
                  (m) 

              	 	
                Width(m)

              	 	
                Copper
                  (%)

              	 	
                Gold
                  (ppb)

              
	
                183897

              	 	
                85.8-88.8

              	 	
                3.0

              	 	
                0.165

              	 	
                7

              
	
                139357

              	 	
                115.8-118.8

              	 	
                3.0

              	 	
                1.011

              	 	
                15

              
	
                139362

              	 	
                130.8-133.8

              	 	
                3.0

              	 	
                1.002

              	 	
                55

              
	
                139368

              	 	
                148.8-151.8

              	 	
                3.0

              	 	
                0.447

              	 	
                32

              
	
                139371

              	 	
                157.8-159.2

              	 	
                1.4

              	 	
                2.584

              	 	
                65

              

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    K04-05
      (138.3 m) 

     

    Drill
      hole K04-05 was drilled along the periphery of, and away from the main
      tourmaline breccia outcrop at the Trench 9 drilling area. Significant anomalous
      copper is found through the upper part of the drill hole, particularly from
      43
      to 107 metres. Breccia occurs from surface to 80 metres in the drill hole.
      Sulphide mineralizion (mainly pyrite) is found throughout the breccia matrix,
      with a pronounced increase (5-10%) in pyrite + covellite from approximately
      67
      to 80 metres. Significant sulphide mineralization continues within less
      brecciated rocks to approximately 90 metres. 

    

    It
      is
      interesting to note that a zone of enhanced copper values occur at the contact
      of the tourmaline breccia with less mineralized weakly non-brecciated rhyolite
      tuffs. The mineralized contact zone is expressed by the 15-metre interval from
      76.8 -91.8 metres, which averaged 0.2% copper. 

    

    K04-06
      (140 m) 

     

    (Bluey
      zone) 

    Drill
      hole K04-06 was drilled to test an area of low chargeability within an
      enveloping shell of moderate chargeability suggested to be a pyritic halo.
      The
      hole was also drilled due to the presence of fine disseminations of azurite
      within silicified rhyolite tuffs. 

    

    The
      drill
      hole exhibited pervasive silicification with pervasive finely disseminated
      pyrite. Fine azurite spots or patches were present throughout the upper portion
      of the drill hole. Although copper mineralization could not be identified due
      to
      the fine nature of the mineralization, copper sulphides are assumed to be
      present with possible associated gold values. Sampled intervals returned
      consistently anomalous gold values varying between 19 to 66 ppb Au throughout
      the upper 98 m depth of the drill hole. Copper values were negligible throughout
      the drill hole. 

    

    K04-07
      (144.0 m) 

     

    Drill
      hole K04-07 was the most northerly of the 6 drill holes drilled at the Trench
      9
      area. The hole was also drilled at the northwestern extent of the hill outcrop
      of tourmaline breccia. Drill hole K04-07 did not contain significant alteration
      or mineralization. No tourmaline brecciation was seen in this drill hole and
      thus helps to define the extent of mineralization in this area of the trench
      9
      mineral zone. The hole was drilled in attempt to define an inferred north-south
      trend to mineralization suggested by previous drill holes. 

    

    K04-08
      (118.8 m) 

     

    Drill
      hole K04-08, was drilled from the K04-05 set-up and tested the contact between
      the tourmaline breccia and the less brecciated surrounding rhyolite tuffs.
      

    Drill
      hole K04-08 intersected coarse tourmaline-rhyolite breccia from surface to
      65 m
      depth in the drill hole. Variable concentrations of pyrite with localized
      associated covellite/bornite were found throughout the breccia, with increasing
      sulphide concentration (5-10%) found through the lower half of the breccia
      zone.
      Copper values also extend 10 to 15 metres beyond the end of the breccia zone
      as
      shown by significant copper values to 79.8 metres. 

    

    The
      following table summarizes significant copper assays received for DH K04-08.
      The
      Weighted copper grade average for the interval 55.8-70.8 m (15 m) is 0.583
      % Cu.

     

    
      
        	
                Sample
                  Number 

              	 	
                Interval
                  (m)

              	 	
                Width(m)
                  

              	 	
                Copper
                  (%) 

              	 	
                Gold
                  (ppb)

              
	
                183487

              	 	
                28.8-31.8

              	 	
                3.0

              	 	
                0.216

              	 	
                10

              
	
                183491

              	 	
                40.8-43.8

              	 	
                3.0

              	 	
                0.255

              	 	
                10

              
	
                183496

              	 	
                55.8-58.8

              	 	
                3.0

              	 	
                0.558

              	 	
                4

              
	
                183497

              	 	
                58.8-61.8

              	 	
                3.0

              	 	
                1.780

              	 	
                71

              
	
                183499

              	 	
                64.8-67.8

              	 	
                3.0

              	 	
                0.203

              	 	
                9

              
	
                183500

              	 	
                67.8-70.8

              	 	
                3.0

              	 	
                0.294

              	 	
                22

              
	
                183652

              	 	
                73.8-76.8

              	 	
                3.0

              	 	
                0.115

              	 	
                5

              
	
                183653

              	 	
                76.8-79.8

              	 	
                3.0

              	 	
                0.282

              	 	
                12

              

      

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    K04-09
      (112.8 m) 

     

    (Bluey
      zone) 

    K04-09
      was drilled approximately 300 meters northwest of drill hole K04-06. Drill
      hole
      K04-09, like drill hole K04-06, was also drilled in an area of low chargeability
      surrounded by a shell of moderate (pyritic?) chargeability. Drill hole K04-09
      was similar to drill hole K04-06 in that it contained silicified rhyolitic
      tuffs
      with variable concentrations of fine grained pyrite with the strongest
      concentrations in the upper part of the drill hole. Drill hole K04-09 contained
      numerous areas of fracturing, often with associated carbonate fracture
      fills/alteration. The area has a high potential for gold due to the presence
      of
      silicification with associated locally strong pyrite concentrations. Hole K04-09
      was also drilled in the area of highly anomalous coincident gold values in
      both
      rock and soil samples. 

    

    Drill
      hole K04-09 returned significantly anomalous gold values. All assayed sections
      showed anomalous gold, with the highest values occurring with strong fine
      grained pyrite concentrations near surface. Over the interval 13.8 to 40.8
      metres (27.0 m), gold values average 130 ppb gold or 0.13 g/t Au. Anomalous
      gold
      is also found throughout the lower part of the drill hole, with values ranging
      between 13 to 63 ppb Au. Although the gold values in K04-09 are not considered
      economic, they indicate that this area is prospective for locating increased
      grades of gold mineralization. 

    

    Summary
      

     

    The
      discovery of high-grade copper and associated gold mineralization from the
      Khul
      Morit Mineral License is to be considered a new discovery of significant
      economic importance. 

    The
      majority of the 2004 drill program was carried out in an area that contained
      surface showings consisting primarily of malachite mineralization, a green
      copper mineral that is often found in the oxidized zone of copper deposits.
      

    

    Although
      no occurrences of surface sulphide forms of copper mineralization were found
      in
      the main area of drilling, the lack of such mineralization has been explained
      by
      the diamond drilling program. It is apparent from the drill program that
      extensive surface leaching and oxidation has obliterated surface sulphide
      mineralization leaving only surface indicators in the form of malachite. Surface
      leaching extends 20 to 30 metres depth before sulphide mineralization is
      encountered. 

    

    Drill
      holes K04-04, K04-05 and K04-08 were collared within the periphery of the main
      body of tourmaline breccia outcrop. The strongest sulphide mineralization
      containing the high-grade copper values in these drill holes were found near
      the
      tops of the holes, immediately below the zone of surface leaching. 

    

    It
      is
      apparent that the tourmaline breccia is the source rock for copper
      mineralization and is likely related to a larger hydrothermal mineralizing
      process at depth. The breccia openings or matrix have provided channelways
      for
      sulphide-bearing solutions originating from the presence of an assumed blind
      or
      buried copper-gold porphyry deposit. 

    

    Drill
      holes K04-02, K04-03 and K04-07 were drilled in relative proximity to holes
      K04-04, K04-05 and K04-08. Holes 2, 3, and 7 were drilled outside and beyond
      the
      area of the tourmaline breccia zone and therefore contained considerably less
      mineralization than holes 4, 5, and 8. 

    

    The
      next
      stage of exploration at Khul Morit should assess the overall economic potential
      of the main body of tourmaline breccia. It is apparent that this is the main
      area of economic interest found to date. It is recommended that further diamond
      drilling be carried out around the periphery of the tourmaline breccia body
      to
      determine the extent of the copper mineralization within the core of the breccia
      as well as to determine the style and form of mineralization at greater depths.
      

    

    Other
      areas of tourmaline breccia with associated copper are found on the Khul Morit
      License area. The trench 10-11 area, located 750 metres northeast of the Trench
      9 drilling area returned significant copper values of up to 4960 ppm across
      3
      meters from rock samples collected in 2004. Another trenched tourmaline breccia
      zone located 250 metres northeast of the Trench 9 area, also produced anomalous
      copper values up to 791 ppm copper. These areas are also recommended for further
      exploration. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Of
      the
      two drill holes drilled on the west side of the Khul Morit License (Bluey Zone),
      drill hole K04-09 was considered the most significant in terms of gold value.
      As
      this drill hole returned near-surface anomalous gold (130 ppb Au over 27
      metres), its significance should be considered during future exploration of
      the
      project area. It is assumed that silicification and associated sulphide
      mineralization is a result of nearby intrusive rocks, which have provided the
      heat source for the resulting alteration and mineralizing effects. Further
      exploration of this area of the property should also take into account
      geophysical and geochemical surveys that have been carried out throughout the
      property area. 

    

    Respectfully
      Submitted: 

    Gregory
      R. Thomson, P.Geo.Exhibit
      10.2

    

    Sunrise
      Mining Corporation

    2007
      Stock Option, SAR and Stock Bonus Consultant Plan

    

    ARTICLE
      1

    

    General
      Provisions

    

    1.1 Purpose.
      The
      purpose of the Sunrise Mining Corporation 2007 Stock Option, SAR and Stock
      Bonus
      Consultant Plan (the “Plan”) shall be to retain and compensate directors,
      officers, employees and independent consultants (the "Participants") of Sunrise
      Mining Corporation (the "Company") and its subsidiaries, if any, by way of
      granting (i) non-qualified stock options ("Stock Options"), (ii) non-qualified
      stock options with stock appreciation rights attached ("Stock Option SAR’s"),
      and (iii) stock bonuses. Directors, officers and employees of the Company are
      not eligible to participate in this Plan. In addition, no person shall be a
      Participant in this Plan in consideration for consulting or other services
      related to capital raising activities for the Company or related to any stock
      promotion activities for the Company. For the purpose of this Plan, Stock Option
      SAR’s are sometimes collectively herein called "SAR’s;" and Stock Options. The
      Stock Options to be granted are intended to be "non-qualified stock options"
      as
      described in Sections 83 and 421 of the Code. Furthermore, under the Plan,
      the
      terms "parent" and "subsidiary" shall have the same meaning as set forth in
      Subsections (e) and (f) of Section 425 of the Code unless the context herein
      clearly indicates to the contrary.

    

    1.2 General.
      The
      terms and provisions of this Article I shall be applicable to Stock Options
      and
      SAR’s unless the context herein clearly indicates to the contrary.

    

    1.3 Administration
      of the Plan.
      The Plan
      shall be administered by the Stock Plan Committee (the "Committee") appointed
      by
      the Board of Directors (the "Board") of the Company and consisting of at least
      one member from the Board. The members of the Committee shall serve at the
      pleasure of the Board. The Committee shall have the power where consistent
      with
      the general purpose and intent of the Plan to (i) modify the requirements of
      the
      Plan to conform with the law or to meet special circumstances not anticipated
      or
      covered in the Plan, (ii) suspend or discontinue the Plan, (iii) establish
      policies and (iv) adopt rules and regulations and prescribe forms for carrying
      out the purposes and provisions of the Plan including the form of any "stock
      option agreements" ("Stock Option Agreements"). Unless otherwise provided in
      the
      Plan, the Committee shall have the authority to interpret and construe the
      Plan,
      and determine all questions arising under the Plan and any agreement made
      pursuant to the Plan. Any interpretation, decision or determination made by
      the
      Committee shall be final, binding and conclusive. A majority of the Committee
      shall constitute a quorum, and an act of the majority of the members present
      at
      any meeting at which a quorum is present shall be the act of the
      Committee.

    

    1.4 Shares
      Subject to the Plan.
      Shares
      of stock ("Stock") covered by Stock Options, SAR’s, and stock bonuses shall
      consist of 2,000,000 shares of the Common Stock, $.001 par value, of the
      Company. Either authorized and unissued shares or treasury shares may be
      delivered pursuant to the Plan. If any Option for shares of Stock, granted
      to a
      Participant lapses, or is otherwise terminated, the Committee may grant Stock
      Options, SAR’s and stock bonuses for such shares of Stock to other Participants.
      However, neither Stock Options nor SAR’s shall be granted again for shares of
      Stock which have been subject to SAR’s which are surrendered in exchange for
      cash or shares of Stock issued pursuant to the exercise of SAR’s as provided in
      Article II hereof.

    

    1.5 Participation
      in the Plan.
      The
      Committee shall determine from time to time those Participants who are to be
      granted Stock Options, SAR’s and stock bonuses and the number of shares of Stock
      covered thereby. 

    

    1.6 Determination
      of Fair Market Value.
      As used
      in the Plan, "fair market value" shall mean on any particular day (i) if the
      Stock is listed or admitted for trading on any national securities exchange
      or
      the National Market System of the National Association of Securities Dealers,
      Inc. Automated Quotation System, the last sale price, or if no sale occurred,
      the mean between the closing high bid and low asked quotations, for such day
      of
      the Stock on the principal securities exchange on which shares of Stock are
      listed, (ii) if Stock is not traded on any national securities exchange but
      is
      quoted on the National Association of Securities Dealers, Inc., Automated
      Quotation System, the NASD electronic bulletin board, or any similar system
      of
      automated dissemination of quotations or securities prices in common use, the
      mean between the closing high bid and low asked quotations for such day of
      the
      Stock on such system, (iii) if neither clause (i) nor (ii) is applicable, the
      mean between the high bid and low asked quotations for the Stock as reported
      by
      the National Quotation Bureau, Incorporated if at least two securities dealers
      have inserted both bid and asked quotations for shares of the Stock on at least
      five (5) of the ten (10) preceding days, (iv) in lieu of the above, if actual
      transactions in the shares of Stock are reported on a consolidated transaction
      reporting system, the last sale price of the shares of Stock on such system
      or,
      (v) if none of the conditions set forth above is met, the fair market value
      of
      shares of Stock as determined by the Board. Provided, for purposes of
      determining "fair market value" of the Common Stock of the Company, such value
      shall be determined without regard to any restriction other than a restriction
      which will never lapse.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    1.7 Adjustments
      Upon Changes in Capitalization.
      The
      aggregate number of shares of Stock under Stock Options granted under the Plan,
      the Option Price and the total number of shares of Stock which may be purchased
      by a Participant on exercise of a Stock Option shall be approximately adjusted
      by the Committee to reflect any recapitalization, stock split, merger,
      consolidation, reorganization, combination, liquidation, stock dividend or
      similar transaction involving the Company except that a dissolution or
      liquidation of the Company or a merger or consolidation in which the Company
      is
      not the surviving or the resulting corporation, shall cause the Plan and any
      Stock Option, or SAR granted thereunder, to terminate upon the effective date
      of
      such dissolution, liquidation, merger or consolidation. Provided, that for
      the
      purposes of this Section 1.7, if any merger, consolidation or combination occurs
      in which the Company is not the surviving corporation and is the result of
      a
      mere change in the identity, form or place of organization of the Company
      accomplished in accordance with Section 368(a)(1)(F) of the Code, then, such
      event will not cause a termination. Appropriate adjustment may also be made
      by
      the Committee in the terms of a SAR to reflect any of the foregoing
      changes.

    

    1.8 Amendment
      and Termination of the Plan.
      The Plan
      shall terminate at midnight, January 14, 2010, but prior thereto may be altered,
      changed, modified, amended or terminated by written amendment approved by the
      Board. Provided, that no action of the Board may, without the approval of the
      Board of Directors, increase the aggregate number of shares of Stock which
      may
      be purchased under Stock Options, SAR’s or stock bonuses granted under the Plan;
      or withdraw the administration of the Plan from the Committee. Except as
      provided in this Article I, no amendment, modification or termination of the
      Plan shall in any manner adversely affect any Stock Option or SAR theretofore
      granted under the Plan without the consent of the affected
      Participant.

    

    1.9 Effective
      Date.
      The Plan
      shall be effective January 15, 2007.

    

    1.10 Securities
      Law Requirements.
      The
      Company shall have no liability to issue any Stock hereunder unless the issuance
      of such shares would comply with any applicable federal or state securities
      laws
      or any other applicable law or regulations thereunder.

    

    1.11 Separate
      Certificates.
      Separate
      certificates representing the Common Stock of the Company to be delivered to
      a
      Participant upon the exercise of any Stock Option, or SAR will be issued to
      such
      Participant.

    

    1.12 Payment
      for Stock; Receipt of Stock or Cash in Lieu of
      Payment. 

    

    (a) Payment
      for Stock. Payment
      for shares of Stock acquired under this Plan shall be made in full and in cash
      or check made payable to the Company. Provided, payment for shares of Stock
      purchased under this Plan may also be made in Common Stock of the Company or
      a
      combination of cash and Common Stock of the Company in the event that the
      purchase of shares is pursuant to the exercise of rights under an SAR attached
      to the Option and which is exercisable on the date of exercise of the Option.
      In
      the event that Common Stock of the Company is utilized in consideration for
      the
      purchase of Stock upon the exercise of a Stock Option, then, such Common Stock
      shall be valued at the "fair market value" as defined in Section 1.6 of the
      Plan.

    

    (b) Receipt
      of Stock or Cash in Lieu of Payment.
      Furthermore, a Participant may exercise an Option without payment of the Option
      Price in the event that the exercise is pursuant to rights under an SAR attached
      to the Option and which is exercisable on the date of exercise of the Option.
      In
      the event an Option with an SAR attached is exercised without payment of the
      Option Price, the Participant shall be entitled to receive either (i) a cash
      payment from the Company equal to the excess of the total fair market value
      of
      the shares of Stock on such date as determined with respect to which the Option
      is being exercised over the total cash Option Price of such shares of Stock
      as
      set forth in the Option or (ii) that number of whole shares of Stock as is
      determined by dividing (A) an amount equal to the fair market value per share
      of
      Stock on the date of exercise into (B) an amount equal to the excess of the
      total fair market value of the shares of Stock on such date with respect to
      which the Option is being exercised over the total cash Option Price of such
      shares of Stock as set forth in the Option, and fractional shares will be
      rounded to the next lowest number and the Participant will receive cash in
      lieu
      thereof. 

    

    1.13 Incurrence
      of Disability.
      A
      Participant shall be deemed to have terminated consulting and incurred a
      disability ("Disability") if such Participant suffers a physical or mental
      condition which, in the judgment of the Committee, totally and permanently
      prevents a Participant from engaging in any substantial gainful consulting
      with
      the Company or a subsidiary. 

    

    1.14 Grants
      of Options and Stock Option Agreement.
      Each
      Stock Option and/or SAR granted under this Plan shall be evidenced by the
      minutes of a meeting of the Committee or by the written consent of the Committee
      and by a written Stock Option Agreement effective on the date of grant and
      executed by the Company and the Participant. Each Option granted hereunder
      shall
      contain such terms, restrictions and conditions as the Committee may determine,
      which terms, restrictions and conditions may or may not be the same in each
      case.

    

    1.15 Use
      of Proceeds.
      The
      proceeds received by the Company from the sale of Stock pursuant to the exercise
      of Options granted under the Plan shall be added to the Company's general funds
      and used for general corporate purposes.

    

    1.16 Non-Transferability
      of Options.
      Except
      as otherwise herein provided, any Option or SAR granted shall not be
      transferable otherwise than by will or the laws of descent and distribution,
      and
      the Option may be exercised, during the lifetime of the Participant, only by
      him
      or her. More particularly (but without limiting the generality of the
      foregoing), the Option and/or SAR may not be assigned, transferred (except
      as
      provided above), pledged or hypothecated in any way, shall not be assignable
      by
      operation of law and shall not be subject to execution, attachment, or similar
      process. Any attempted assignment, transfer, pledge, hypothecation, or other
      disposition of the Option and/or SAR contrary to the provisions hereof shall
      be
      null and void and without effect.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    1.17 Additional
      Documents on Death of Participant.
      No
      transfer of an Option and/or SAR by the Participant by will or the laws of
      descent and distribution shall be effective to bind the Company unless the
      Company shall have been furnished with written notice and an unauthenticated
      copy of the will and/or such other evidence as the Committee may deem necessary
      to establish the validity of the transfer and the acceptance by the successor
      to
      the Option and/or SAR of the terms and conditions of such Option and/or
      SAR.

    

    1.18 Changes
      in Consultant Relationships.
      So long
      as the Participant shall continue to be a consultant of the Company or any
      one
      of its subsidiaries, any Option granted to him or her shall not be affected
      by
      any change of duties or position. Nothing in the Plan or in any Stock Option
      Agreement which relates to the Plan shall confer upon any Participant any right
      to continue as a consultant of the Company or of any of its subsidiaries, or
      interfere in any way with the right of the Company or any of its subsidiaries
      to
      terminate the consulting arrangement at any time.

    

    1.19 Shareholder
      Rights.
      No
      Participant shall have a right as a shareholder with respect to any shares
      of
      Stock subject to an Option prior to the purchase of such shares of Stock by
      exercise of the Option.

    

    1.20 Right
      to Exercise Upon Company Ceasing to Exist.
      Where
      dissolution or liquidation of the Company or any merger consolidation or
      combination in which the Company is not the surviving corporation occurs, the
      Participant shall have the right immediately prior to such dissolution,
      liquidation, merger, consolidation or combination, as the case may be, to
      exercise, in whole or in part, his or her then remaining Options whether or
      not
      then exercisable, but limited to that number of shares that can be acquired
      without causing the Participant to have an "excess parachute payment" as
      determined under Section 280G of the Code determined by taking into account
      all
      of Participant's "parachute payments" determined under Section 280G of the
      Code.
      Provided, the foregoing notwithstanding, after the Participant has been afforded
      the opportunity to exercise his or her then remaining Options as provided in
      this Section 1.21, and to the extent such Options are not timely exercised
      as
      provided in this Section 1.21, then, the terms and provisions of this Plan
      and
      any Stock Option Agreement will thereafter continue in effect, and the
      Participant will be entitled to exercise any such remaining and unexercised
      Options in accordance with the terms and provisions of this Plan and such Stock
      Option Agreement as such Options thereafter become exercisable. Provided
      further, that for the purposes of this Section 1.21, if any merger,
      consolidation or combination occurs in which the Company is not the surviving
      corporation and is the result of a mere change in the identity, form, or place
      of organization of the Company accomplished in accordance with Section
      368(a)(1)(F) of the Code, then, such event shall not cause an acceleration
      of
      the exercisability of any such Options granted hereunder. 

    

    1.21 Assumption
      of Outstanding Options and SAR’s.
      To the
      extent permitted by the then applicable provisions of the Code, any successor
      to
      the Company succeeding to, or assigned the business of, the Company as the
      result of or in connection with a corporate merger, consolidation, combination,
      reorganization or liquidation transaction shall assume Options and SAR’s
      outstanding under the Plan or issue new Options and/or SAR’s in place of
      outstanding Options and/or SAR’s under the Plan, as determined in its sole
      discretion.

    

    ARTICLE
      II

    

    Terms
      of Stock Options and Exercise

    

    2.1 General
      Terms.

    

    (a) Grant
      and Terms for Stock Options.
      Stock
      Options shall be granted by the Committee on the following terms and conditions:
      No Stock Option shall be exercisable within six months from the date of grant
      (except as specifically provided in Subsection 2.l(c) hereof, with regard to
      the
      death or Disability of a Participant), nor more than five years after the date
      of grant. Subject to such limitation, the Committee shall have the discretion
      to
      fix the period (the "Option Period") during which any Stock Option may be
      exercised. Stock Options granted shall not be transferable except by will or
      by
      the laws of descent and distribution, Stock Options shall be exercisable only
      by
      the Participant while actively retained as a consultant by the Company or a
      subsidiary, except that (i) any such Stock Option granted and which is otherwise
      exercisable, may be exercised by the personal representative of a deceased
      Participant within 12 months after the death of such Participant (but not beyond
      the Option Period of such Stock Option), (ii) if a Participant terminates his
      position as a consultant with the Company or a subsidiary on account of
      Retirement, such Participant may exercise any Stock Option which is otherwise
      exercisable at any time within three months of such date of termination and
      (iii) if a Participant terminates his position as a consultant with the Company
      or a subsidiary on account of incurring a Disability, such Participant may
      exercise any Stock Option which is otherwise exercisable at any time within
      12
      months of such date of termination. If a Participant should die during the
      applicable three-month or 12-month period following the date of such
      Participant's termination on account of Disability, the rights of the personal
      representative of such deceased Participant as such relate to any Stock Options
      granted to such deceased Participant shall be governed in accordance with
      Subsection 2.1(a)(i) of this Article II.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    (b) Option
      Price.
      The
      option price ("Option Price") for shares of Stock subject to a Stock Option
      shall be determined by the Committee, but in no event shall the Option Price
      of
      Stock Options be less than 85% of the "fair market value" of the Stock on the
      date of grant.

    

    (c) Acceleration
      of Otherwise Unexercisable Stock Option on Death, Disability or Other Special
      Circumstances.
      The
      Committee, in its sole discretion, may permit (i) a Participant who terminates
      his position as a consultant due to a Disability, (ii) the personal
      representative of a deceased Participant, or (iii) any other Participant who
      terminates his position as a consultant upon the occurrence of special
      circumstances (as determined by the Committee) to exercise and purchase (within
      three months of such date of termination of consulting arrangement, or 12 months
      in the case of a deceased or disabled Participant; all or any part of the shares
      subject to Stock Option on the date of the Participant's Disability, death,
      or
      as the Committee otherwise so determines, notwithstanding that all installments,
      if any, with respect to such Stock Option, had not accrued on such date.
      Provided, such discretionary authority of the Committee shall not be exercised
      with respect to any Stock Option (or portion thereof) if the applicable
      six-month waiting period for exercise had not expired except in the event of
      the
      death or disability of the Participant when the personal representative of
      the
      deceased Participant or the disabled Participant may, with the consent of the
      Committee, exercise such Stock Option notwithstanding the fact that the
      applicable six-month waiting period had not yet expired.

    

    (d) Number
      of Stock Options Granted.
      Participants may be granted more than one Stock Option. In making any such
      determination, the Committee shall obtain the advice and recommendation of
      the
      officers of the Company or a subsidiary which have supervisory authority over
      such Participants. The granting of a Stock Option under the Plan shall not
      affect any outstanding Stock Option previously granted to a Participant under
      the Plan.

    

    (e) Notice
      of Exercise Stock Option.
      Upon
      exercise of a stock option, a Participant shall give written notice to the
      Secretary of the Company, or other officer designated by the Committee, at
      the
      Company's principal executive office. No Stock shall be issued to any
      Participant until the Company receives full payment for the Stock purchased,
      if
      applicable, and any required state and federal withholding
      taxes.

    

    ARTICLE
      III

    

    SAR’s

    

    3.1 General
      Terms.

    

    (a) Grant
      and Terms of SAR’s.
      The
      Committee may grant SAR’s to Participants in connection with Stock Options
      granted under the Plan. SAR’s shall not be exercisable (i) earlier than six
      months from the date of grant except as specifically provided in Subsection
      3.l(b) hereof in the case of the death or Disability of a Participant, and
      (ii)
      shall terminate at such time as the Committee determines and shall be exercised
      only upon surrender of the related Stock Option and only to the extent that
      the
      related Stock Option (or the portion thereof as to which the SAR is exercisable)
      is exercised. SAR’s may be exercised only by the Participant while actively
      engaged as a consultant by the Company or a subsidiary except that (i) any
      SAR’s
      previously granted to a Participant which are otherwise exercisable may be
      exercised, with the approval of the Committee, by the personal representative
      of
      a deceased Participant, even if such death should occur within six months of
      the
      date of grant (but not beyond the expiration date of such SAR), and (ii) if
      a
      Participant terminates his position as a consultant with the Company or a
      subsidiary, as the case may be, on account of incurring a Disability, such
      Participant may exercise any SAR’s which are otherwise exercisable, with the
      approval of the Committee, anytime within 12 months of termination by
      Disability. If a Participant should die during the applicable three-month period
      following the applicable 12 month period following the date of termination
      on
      account of Disability, the rights of the personal representative of such
      deceased Participant as such relate to any SAR’s granted to such deceased
      Participant shall be governed in accordance with (i) of the second sentence
      of
      this Subsection 3.l(a) of this Article III. The applicable SAR shall (i)
      terminate upon the termination of the underlying Stock Option, as the case
      may
      be, (ii) only be transferable at the same time and under the same conditions
      as
      the underlying Stock Option is transferable, (iii) only be exercised when the
      underlying Stock Option is exercised, and (iv) may be exercised only if there
      is
      a positive spread between the Option Price, as applicable and the "fair market
      value" of the Stock for which the SAR is exercised.

    

    (b) Acceleration
      of Otherwise Unexercisable SAR’s upon Death, Disability or Other Special
      Circumstances.
      The
      Committee, in its sole discretion, may permit (i) a Participant who terminates
      his position as a consultant with the Company or a subsidiary due to a
      Disability, (ii) the personal representative of such deceased Participant,
      or
      (iii) any other Participant who terminates employment as a consultant with
      the
      Company or a subsidiary upon the occurrence of special circumstances (as
      determined by the Committee) to exercise (within 12 months in the case of a
      disabled or deceased Participant) all or any part of any such SAR’s previously
      granted to such Participant as of the date of such Participant's Disability,
      death, or as the Committee otherwise so determines, notwithstanding that all
      installments, if any with respect to such SAR’s, had not accrued on such date.
      Provided, such discretionary authority of the Committee may not be exercised
      with respect to any SAR (or portion thereof if the applicable six-month waiting
      period for exercise had not expired as of such date, except (i) in the event
      of
      the Disability of the Participant or (ii) the death of the Participant, when
      such disabled Participant or the personal representative of such deceased
      Participant may, with the consent of the Committee, exercise such SAR’s
      notwithstanding the fact that the applicable six-month waiting period had not
      yet expired.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    (c) Form
      of Payment of SAR’s.
      The
      Participant may request the method and combination of payment upon the exercise
      of a SAR; however, the Committee has the final authority to determine whether
      the value of the SAR shall be paid in cash or shares of Stock or both. Upon
      exercise of a SAR, the holder is entitled to receive the excess amount of the
      "fair market value" of the Stock (as of the date of exercise) for which the
      SAR
      is exercised over the Option Price, as applicable, under the related Stock
      Option, as the case may be. All applicable federal and state withholding taxes
      will be paid by the Participant to the Company upon the exercise of a SAR since
      the excess amount described above will be required to be included within taxable
      income in accordance with Sections 61 and 83 of the Code.

     

    
      	 	 	 
	 	
              Sunrise
                Mining Corporation

            
	 
 	 
 	 
 
	
            	By:  	/s/ Xuguang
              Sun 
	 	
              
Xuguang
              Sun, Chief Executive Officer and
              President
	 	 
	 	
              Date
                Plan adopted and approved by the Board of Directors: 

            
	 	
              January
                15, 2007

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}]]