Document:

SURRENDER OF MINING RIGHTS CELEBRATED BY: A) MR

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SURRENDER OF MINING RIGHTS CELEBRATED BY: A) MR. CARLOS ARNOLD
ACUÑA ARANDA, BY HIS OWN RIGHT (THE TRANSFEROR) AND: B) CORPORACIÓN AMERMIN, S.
A. DE C.V., REPRESENTED IN THIS ACT BY MR. RAMIRO TREVIZO LEDEZMA IN HIS
PERSONALITY AS SOLE ADMINISTRATOR (THE TRANSFEREE), JOINTLY NAMED AS THE
PARTIES, IN ACCORDANCE TO THE FOLLOWING DECLARATIONS AND CLAUSES:

DECLARATIONS

I. The
TRANSFEROR declares, by his own right and under oath of stating the
truth, that:

1. He
is a Mexican citizen, born in the city of Chihuahua, state of Chihuahua, on the
4th November 1977; bachelor, in complete use and enjoyment of his
physical and mental faculties on account of which he has the necessary capacity
to subscribe this instrument;

2. He
is duly inscribed in the Federal Taxpayers Registry under Fiscal Identification
Certificate AUAC-771104-9Q7, and being current to date in his income tax
payments and other contributions that have corresponded to him;

3. He
us currently undergoing before the Treasury Department the up dating of his
registration in order to be endowed with the faculty of emitting fiscal
invoices;

4. He
is the sole and exclusive title holder of the rights derived from the Mining
Concessions described following (The “CONCESSIONS”): 

				
	
LOT
	
TITLE
	
TYPE
	
SURFACE

	
Calichi
2
	
195,918
	
Exploitation
	
56.0000 Hectares

	
San
Judas
	
207,225
	
Exploitation
	
40.4534 Hectares

	
El Batamonte
N° 2
	
207,224
	
Exploitation
	
22.2115 Hectares

5. At
present he is undergoing the definite acquisition of the Mining Concessions
described below and once achieved under the terms of the current and applicable
legislation; these will become an integral part of this present contract,
integrating them to the object and matter of same as the (“FUTURE
CONCESSIONS”):

				
	
LOT
	
TITLE
	
TYPE
	
SURFACE

	
Ana 1
Oeste
	
Not assigned
	
Exploitation
	
1,730.6431 Hectares

	
La
Providencia
	
222,701
	
Exploitation
	
405.0000 Hectares

6. The
mining lots described in the CONCESSIONS and in the FUTURE
CONCESSIONS are located in the Municipality of Cucurpe, state of Sonora;
location maps are attached to this instrument as reference as Annex
I;

Surrender of
Mining Rights Contract subscribed between Carlos Arnold Acuña Aranda and
Corporación Amermin, S. A. de C. V., dated on the 4th April
20007.
            

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7. The
CONCESSIONS are free of any lien, encumbrance or domain limitation as
well as current in their obligations that the Mining Law and its Ruling imposes
upon this type of administrative authorizations.

8. That
it is his free will to surrender in favor of the TRANSFEREE the rights
related to the CONCESSIONS and FUTURE CONCESSIONS, and meeting in
all circumstances the terms and conditions of this present contract.

II. The
TRANSFEREE declares through the offices of its legal representative and
under oath of stating the truth, that:

1. It
is a mercantile society, duly established and operating in accordance with the
current and applicable legislation of the United States of Mexico as proven in
Public Writ number 17,227, granted on the 4th December 2006 before
testimony of Eugenio García Russek, Attorney at Law, candidate to the practice
of Notary Public and assigned to Notary Public number 28 of the Judicial
District Morelos, state of Chihuahua whose title holder is Felipe Colomo Castro,
Attorney at Law, and instrument that is duly inscribed in the Public Registry of
Commerce of said district under electronic mercantile folio number 23327*10;

2. Its
representative is endowed with power, mandate and all necessary and sufficient
faculties to subscribe this present contract, as evidenced in the immediately
previous numeral of this instrument, and same that to date have not been
limited, restrained, suspended or revoked.

3. Is
duly inscribed in the Federal Taxpayers Registry under Fiscal Identification
Certificate number CAM-950810-K77, and being to date current in his
income tax payments and other contributions that have corresponded to him.

4.
Within the scope of its social objective there is the possibility of acquiring
mining concessions, as well as undertaking exploration and exploitation mining
activities, as is the case of the operation set herein.

5. He
is aware of the negotiations carried to date by the TRANSFEROR with the
purpose of acquiring definitely the title holding regarding the FUTURE
CONCESSIONS, and that once such paper work in finished, he wishes that the
rights related to same be transferred to him in conjunction with those of the
CONCESSIONS, and;

6. It
is the will of its administration’s charter that the TRANSFEREE cedes the
rights related to the CONCESSIONS and the FUTURE CONESSIONS
meeting in all circumstances the terms and conditions of this present
contract.

III.
Both PARTIES declare, per its own right the first one and through the
offices of its legal representative the second, under oath of stating the truth,
that they assist to the 

Surrender of
Mining Rights Contract subscribed between Carlos Arnold Acuña Aranda and
Corporación Amermin, S. A. de C. V., dated on the 4th April
20007.
            

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subscription of this present document in good faith, free of
guile, error or any other vitiation in their consent and with the purpose of
committing themselves in accordance to the following:

CLAUSES

FIRST. OBJECT: By virtue of the subscription of this
present contract, the TRANSFEROR surrender onerously and definitely in
favor of the TRANSFEREE the mining rights related to the
CONCESSIONS and FUTURE CONCESSIONS, and receiving in exchange as
counterplea concept the certain and determined price set in the following
clause.

SECOND. PRICE: As a counterplea for the surrender already
stated, the TRANSFEREE commits himself to pay in favor of the
TRANSFEROR the amount of $2’000,000.00 Dollars (Two million Dollars
00/100 in legal American tender), plus the corresponding Added Value Tax (IVA),
an amount of $300,000.00 (Three hundred thousand Dollars 00/100 in legal
American tender) for a total payable amount of $2’300,000.00 Dollars (Two
million three hundred thousand Dollars 00/100 in legal American tender),
(the “PRICE”), complying in every instance to the terms and conditions
agreed to in this instrument.

THIRD. MANNER, TIME AND PLACE OF PAYMENT: PARTIES
agree that the TRANSFEREE will pay the PRICE to the
TRANSFEROR in compliance to the following calendar of partial
payments:

1. On
the date of signature of this present contract, the amount of $100,000.00
Dollars (One hundred thousand Dollars 00/100 in legal American tender), plus the
corresponding Added Value Tax (IVA) or a total payable amount of $115,000.00
Dollars (One hundred fifteen thousand Dollars 00/100 in legal American
tender);

2. On
the (2nd) second month as of the date of signature of this present
contract, that is, on the 4th June 2007, the amount of
$250,000.00 Dollars (Two hundred fifty thousand Dollars 00/100 in legal American
tender), plus the corresponding Added Value Tax (IVA) or a total payable amount
of $287,500.00 Dollars (Two hundred eighty seven thousand and five hundred
Dollars 00/100 in legal American tender);

3. On
the (8th) eighth month as of the date of signature of this present
contract, that is, on the 4th December 2007, the amount of
$200,000.00 Dollars (Two hundred thousand Dollars 00/100 in legal American
tender), plus the corresponding Added Value Tax (IVA) or a total payable amount
of $230,000.00 Dollars (Two hundred thirty thousand Dollars 00/100 in legal
American tender);

4. On
the (14th) fourteenth month as of the date of signature of this
present contract, that is, on the 4th June 2008, the amount of
$200,000.00 Dollars (Two hundred thousand Dollars 00/100 in legal American
tender), plus the corresponding Added Value Tax (IVA) or a total payable amount
of $230,000.00 Dollars (Two hundred thirty thousand Dollars 00/100 in legal
American tender);

5. On
the (20th) twentieth month as of the date of signature of this
present contract, that is, on the 4th December 2008, the
amount of $250,000.00 Dollars (Two hundred fifty 

Surrender of
Mining Rights Contract subscribed between Carlos Arnold Acuña Aranda and
Corporación Amermin, S. A. de C. V., dated on the 4th April
20007.
            

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thousand Dollars 00/100 in legal American tender), plus the
corresponding Added Value Tax (IVA) or a total payable amount of $287,500.00
Dollars (Two hundred eighty seven thousand and five hundred Dollars 00/100 in
legal American tender);

6. On
the (26th) twenty sixth month as of the date of signature of this
present contract, that is, on the 4th June 2009, the amount of
$300,000.00 Dollars (Three hundred thousand Dollars 00/100 in legal American
tender), plus the corresponding Added Value Tax (IVA) or a total payable amount
of $345,000.00 Dollars (Three hundred forty five thousand Dollars 00/100 in
legal American tender)

7. On
the (32nd) thirty second month as of the date of signature of this
present contract, that is, on the 4th December 2009, the
amount of $300,000.00 Dollars (Three hundred thousand Dollars 00/100 in legal
American tender), plus the corresponding Added Value Tax (IVA) or a total
payable amount of $345,000.00 Dollars (Three hundred forty five thousand
Dollars 00/100 in legal American tender)

8. On
the (36th) thirty sixth month as of the date of signature of this
present contract, that is, on the 4th April 2010, the
remaining balance of the PRICE set at the amount of $400,000.00 Dollars (Four
hundred thousand Dollars 00/100 in legal American tender), plus the
corresponding Added Value Tax (IVA) or a total payable amount of $460,000.00
Dollars (Four hundred sixty thousand Dollars 00/100 in legal American
tender).

Regardless of the agreed terms, the TRANSFEROR expressly
grants in favor of the TRANSFEREE term of grace of 30 (thirty) natural
days counting from the date stated partial payments fall due, to cover for
these.

Both
PARTIES that the total of partial payments stated must be made effective
by the TRANSFEREE in favor of the TRANSFEROR without need of
demanding payment, by means of deposit or electronic transfer of funds to the
account number 004678392557 of the Bank of America financial institution,
routing number ABA 122101706, in the city of Douglas, state of Arizona,
U.S.A., and registered to the name of the TRANSFEROR.

With
the purpose of confirming the execution of the stated payments, the
TRANSFEREE commits himself to send to the TRANSFEROR copies of the
deposit slips or of the corresponding electronic transfer of funds within the
following 5 (five) able days of the date in which payments were carried out.

FOURTH. GUARANTEE: With the purpose of guaranteeing
compliance to payment obligations agreed to in this present contract, the
TRANSFEREE constitutes, signals and grants in guarantee in favor of the
TRANSFEROR, the totality of the rights derived from the
CONCESSIONS and of the FUTURE CONCESSIONS, in the understanding
that, in case the TRANSFEREE does not comply regarding the obligations
set in this instrument, such rights will be returned or restituted in favor of
TRANSFEROR, free of burdens, encumbrances or of dominion limitations.

Surrender of
Mining Rights Contract subscribed between Carlos Arnold Acuña Aranda and
Corporación Amermin, S. A. de C. V., dated on the 4th April
20007.
            

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Consequently, during the current status of this present contract,
the TRANSFEREE expressly commits himself not to burden, cede or transfer
in any way whatsoever the rights derived from the CONCESSIONS and of the
FUTURE CONCESSIONS without previously obtaining the written consent of
the TRANSFEROR.

FIFTH. ADMINISTRATIVE OBLIGATIONS: The TRANSFEREE
commits himself to keep current during the current status of this contract the
CONCESSIONS and the FUTURE CONCESSIONS, complying to such an
effect with all the paper work and payments that eventually must be met in
accordance with the current and applicable legislation, among these proof of
work; technical reports; answer to official notices rendered by the General
Directory of Mines; payment of semester rights; the request for exploitation of
the lots in exploration, among others.

SIXTH. ROYALTIES: Once the mineral exploitation and
extraction undertakings take place within the lots related in the
CONCESSIONS and in the FUTURE CONCESSIONS, and also once the
extracted mineral has been traded with any private person or corporation, the
TRANSFEREE commits himself to pay in favor of the TRANSFEROR, in
concept of Royalties on Production or Net Smelter Return, as per its
English terminology, the amount equivalent to an estimate of 2% (two per cent)
on invoices carried out regarding the traded mineral (the
“ROYALTIES”).

Payment
on ROYALTIES must be carried out monthly complying to the invoices of the
pertaining cycle within the first 15 (fifteen) natural days of the following
month of invoice, in the same manner and place agreed to for the payment of the
PRICE, under the terms of the above corresponding clause.

In
order to evidence, the TRANSFEREE commits himself to submit periodically
in favor of the TRANSFEROR, within the first 10 (ten) natural days of the
following month of invoice, a report of the monthly mineral trades originating
from the lots related to the CONCESSIONS and to the FUTURE
CONCESSIONS, attaching a simple copy of the invoices corresponding to such
period.

The
TRANSFEREE commits himself to continue paying ROYALTIES under the
stated terms for as long as the exploitation and mineral commerce originating
from the mining lots related to the CONCESSIONS and the FUTURE
CONCESSIONS continues to be invoiced, even after the termination of this
present instrument.

SEVENTH. ROYALTY SUBSTITUTION: Regardless of what is stated
in the foregoing clause and if so becomes convenient to the PARTIES, in
writing by means of a Modifying Agreement to this present instrument and per
express request by the TRANSFEREE, the obligation of payment of
ROYALTIES in charge of this latter, could be substituted by a payment of
a certain and determined price, in accordance to the following terms and
conditions;

1. If
the stated substitution is requested by the TRANSFEREE and agreed on by
the PARTIES within the 6 (six) months following the signature of this
present contract, that is, at the latest on the 4th October
2007, the price to be paid will be $300,000.00 Dollars (Three hundred
thousand Dollars 00/100 in legal American tender), plus the corresponding Added
Value Tax (IVA), for a total payable amount of $345,000.00 

Surrender of
Mining Rights Contract subscribed between Carlos Arnold Acuña Aranda and
Corporación Amermin, S. A. de C. V., dated on the 4th April
20007.
            

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(Three hundred forty five thousand Dollars 00/100 in legal
American tender), amount that must be delivered in favor of the
TRANSFEROR in one single exhibit as of the date of signature of the
referred Modifying Agreement, caring for the manner and place agreed for payment
of the PRICE under the terms of the foregoing corresponding clause,
or;

2. If
the stated substitution is requested by the TRANSFEREE and agreed on by
the PARTIES after the 4th October 2007 and even after
the termination of this present instrument, the price to be paid will be the
amount of $600,000.00 Dollars (Six hundred thousand Dollars 00/100 in legal
American tender), plus the corresponding Added Value Tax (IVA). For a total
payable amount of $690,000.00 Dollars (Six hundred ninety thousand Dollars
00/100 in legal American tender), amount that must be delivered in favor of
the TRANSFEROR in 3 (three) equal exhibitions of $230,000.00 Dollars (Two
hundred thirty thousand Dollars 00/100 in legal American tender), Added Value
Tax included, on the date of signature of the stated Modifying Agreement the
first exhibit, the second exhibit on the 4th (fourth) month; and the
balance on the 8th (eighth) month from the subscription of said
document, and caring for the manner and place For payment of the PRICE
under the terms of the foregoing corresponding clause.

In case
the TRANSFEREE opts for a substitution of the stated payment obligations,
the TRANSFEROR obliges himself to subscribe the Modifying Agreement in
reference within the following 30 (thirty) natural days as of the date he
receives written notification from TRANSFEREE.

Both
PARTIES agree in that the totality of ROYALTY payments already
incurred in previous to the date of signature of the Modifying Agreement in
reference will remain in favor of the TRANSFEROR, the TRANSFEREE
renouncing as of such moment request of economic restitution for such a concept.

EIGHTH. FORMALIZATION OF THE SURRENDER OF RIGHTS:
PARTIES oblige themselves to ratify before Notary Public or Public Broker
this present document within 15 (fifteen) natural days following its signature
with the purpose it be inscribed in the General Directory of Mines, a dependency
of the Secretary of the Economy, as well with the purpose in mind of continuing
with any other administrative requirement in accordance with the current and
applicable legislation. The total of expenditures related with the compliance of
this present clause will be at the cost of the TRANSFEREE.

NINTH. EVIDENCE OF PAYMENT: Both PARTIES agree in
granting to the TRANSFEROR a 5 (five) month period as of the date of
signature of this present contract to fulfill his tax registration certificate
before the Treasury Department. The TRANSFEROR obliges himself to extend
and submit invoices within 5 (five) natural days following the date of
corresponding payment, a voucher comprising the requirements solicited by the
current and applicable legislation, if and ever these invoices be posterior to 5
(five) months as of the date of signature of this contract.

TENTH. CONFIDENTIALITY: PARTIES oblige themselves expressly
to keep in confidence the whole of past, present and future information related
to this instrument, 

Surrender of
Mining Rights Contract subscribed between Carlos Arnold Acuña Aranda and
Corporación Amermin, S. A. de C. V., dated on the 4th April
20007.
            

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extending same responsibility to anyone, private or corporative,
to whom it may be disclosed.

The
PARTY recipient of confidential information must limit access to same to
its representatives or employees who, by reason of a justified and reasonable
cause, should request access to such information. In such cases, PARTIES
must oblige subjects to whom confidential information is disclosed, to upkeep
confidentiality responsibilities.

For
purposes of this present clause, the following will not be considered as
confidential information: 1. Information that had been legitimately known or
obtained by the recipient PARTY previous to the subscription of this
agreement; 2. Information that to date or in the future could be considered
public domain. If and ever such consideration did not derive from the non
compliance by any of the Parties to the stipulation set in this clause or; 3.
Information that must be disclosed per right of law by an administrative or
judicial mandate and from competent authorities, including those caring for the
principle of transparency in the media of stock exchange operations, both in the
United States of Mexico as abroad.

PARTIES agree that the subsistence of the obligations
contracted by virtue of this present clause will continue for an indefinite
period of time, even after the duration of this present instrument comes to a
close.

In the
event of non compliance, Parties expressly reserve to themselves such actions
that, according to law, correspond to them, both administrative and judicial in
order to claim indemnity for harm and damages caused as well as to apply such
sanctions deemed necessary.

ELEVENTH. DURATION AND ADVANCED TERMINATION: This present
contract will have a duration period comprehending from the 4th
April 2007 and the 4th May 2010, dateline for payment of
pending balance of the PRICE by the TRANSFEREE in favor of the
TRANFEROR.

TWELFTH. NON COMPLIANCE AND CANCELLATION: PARTIES
agree that, in case one of them does not comply to any of the obligations
assumed by virtue of the subscription of this present instrument and does not
satisfy such non compliance during a time lapse of 10 (ten) natural days
following the date in which the other demands compliance, this latter will have
the right to request compulsory compliance to the obligation not complied to, as
one option or, the cancellation of this present contract, for another one, as
well as payment as would be indemnity payment for damages and harms in both
cases. In case of non compliance by the TRANSFEREE to any of the payments
referred to in the THIRD clause of this present contract, all payments
that this latter has desimbursed in favor of the TRANSFEROR will remain
in favor of this latter, and the TRANSFEREE renounces as of that moment
to any indemnity or reimbursement of whatever kind.

The
cancellation of this contract by the reason stated will not liberate any of the
PARTIES from the compliance to the obligations that must be carried out
previous to the date in effect of the cancellation.

Surrender of
Mining Rights Contract subscribed between Carlos Arnold Acuña Aranda and
Corporación Amermin, S. A. de C. V., dated on the 4th April
20007.
            

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THIRTEENTH. SEPARATE ENTITIES: None of the terms and
conditions of this present instrument should be interpreted in the sense that
PARTIES have established a society relationship or association, reason by
which they are not considered jointly, and their assets remain separate for
Treasury purposes and before third parties, and will stay separate for whatever
other purpose.

FOURTEENTH. FISCAL OBLIGATIONS:  Once registered and
duly in order before the Federal Taxpayers Registry, as well as current in their
income tax payments and other contributions that might have corresponded to them
to date, PARTIES agree that each will defray separately tax payments that
are due to each in compliance to the terms and conditions of this present
instrument, in obedience to the current and applicable fiscal legislation, and
obliging themselves to safeguard the other in relation to whatever fiscal
responsibility that might be imputed contrary to this Clause by competent
authorities.

FIFTEENTH. LABOR RELATIONS: In order to comply to the
obligations that each of the PARTIES contracts by virtue of the
subscription of this contract, they state they will act as totally independent
corporations and reason by which it must be understood there does not exist a
labor relationship between them, thus rejecting the possibility of being charged
with the current social security and labor relation legislations. Consequently,
PARTIES under no assumption will be able to hire employees or workers in
the name or in representation of their counterpart.

Regarding their own employees and workers, PARTIES declare
that there does not exist any labor relationship between employees and workers
of the TRANSFEROR with the TRANSFEREE, and neither this latter’s
employees and workers with its counterpart. Thus, PARTIES declare being
the employers of their own personnel so complying to the current and applicable
labor relationship and social security legislations; and to be the sole
responsible entities regarding labor relationship and social security
obligations in favor of mentioned individuals.

Consequently, PARTIES oblige themselves to free their
counterpart of any labor and social security relationship that might be charged
to them contrary to this Clause regarding their own personnel under the terms of
the current and applicable labor and social security legislations.

SIXTEENTH. ADDRESSES AND TELEPHONE CONTACT: PARTIES agree
that in everything regarding the execution and compliance to the terms and
conditions of this present instrument, as well as to convey communication,
notices, and other information in relation to same, they state their addresses
and phone contact to be the following:

TRANSFEROR

TRANSFEREE

Privada
de Connecticut 1805

Calle
Ramón Domínguez 200

Colonia
Residencial Campestre

Colonia
Deportistas

C.P.
31238, Cd. de Chihuahua

C.P.
31125 Cd. de Chihuahua

Estado
de Chihuahua, México

Estado
de Chihuahua, México

Surrender of
Mining Rights Contract subscribed between Carlos Arnold Acuña Aranda and
Corporación Amermin, S. A. de C. V., dated on the 4th April
20007.
            

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9

Ph.
52-614-2008481

In case
of change of address, PARTIES agree to notify the other of such a
circumstance at least with 5 (five) natural days in advance to date the change
takes place. Not complying to this stated obligation will imply that
notifications, communications and other information delivered at the previous
address of the PARTY that moved, will bear all legal effects in favor of
the PARTY that was not opportunely notified as of the date of delivery
and for all long the non compliance subsists.

SEVENTEENTH. NOTICES, COMMUNICATIONS AND INFORMATION:
PARTIES agree that any required notices, communications and information
that must be given to the other be in writing.

Delivery of such documents can be carried out through two means:
1. By ordinary courier service delivered in hand or by certified mail, both with
acknowledgement receipt, or: 2. By electronic mail. In this latter case,
delivery will only be taken as valid when reception of the electronic mail be
acknowledged electronically within the following 3 (three) natural days of
remittance, be it automatically by means of a software program or in an
express manner by means of a confirmation answering message by addressee.

PARTIES likewise agree that notifications, communications
and information carried out regarding this present instrument will take effect
on the respective day of reception. In case such missives include some kind of a
dateline, this latter will start to be in effect on the day following
confirmation of acknowledgment, independently of it concerning labor or be
natural.

EIGHTEENTH. PERSONS TO BE IN TOUCH WITH: PARTIES
agree that the totality of notification, communications and information required
be given to the other derived from the terms and conditions of this present
instrument must be addressed indistinctly to the following persons:

TRANSFEROR

PROMINENT
TRANSFEREE

CARLOS
ARNOLD ACUÑA ARANDA

RAMIRO
TREVIZO LEDEZMA

In case
it is their will to name another contact person, PARTIES agree in
notifying the other at least with 5 (five) natural days in advance of date in
which the change of persons takes place. Not complying to this stated obligation
will imply that notifications, communications and information sent and delivered
to the name of previous addressees of the PARTY who made the change, will
bear all legal effects in favor of the PARTY that was not opportunely
advised as of the date of delivery and for as long as the non compliance
subsists.

NINETEENTH. TOTALITY OF CONTRACT: PARTIES accept
that this present agreement contains the totality of the agreements between them
regarding its object, leaving without effect and canceling the whole of
agreements, reports, negotiations, 

Surrender of
Mining Rights Contract subscribed between Carlos Arnold Acuña Aranda and
Corporación Amermin, S. A. de C. V., dated on the 4th April
20007.
            

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correspondence, commitments and communications carried out
previously between them, either in writing or verbal.

TWENTIETH. MODIFICATION: The terms and conditions of this
present instrument can only be modified by virtue of a subscription of modifying
agreements between the PARTIES. To such agreements must be added as
attachments simple copy of this contract, searching for a complete
interpretation of the terms and conditions the PARTIES might have agreed
to.

TWENTY FIRST. APPLICABLE LAW: This present instrument will
be subject and interpreted in accordance to the Mining Law, its Ruling and the
Federal Civil Code among other current and applicable legal dispositions in the
United States of Mexico. 

TWENTY SECOND. JURISDICTION: In case there may arise any
controversy related to the validity, intention, interpretation, execution or
compliance to this contract, PARTIES expressly agree to submit same to
the competent Courts of Law of the Morelos Judicial District, in the city of
Chihuahua, state of Chihuahua, renouncing as of this moment to any other
jurisdiction or privilege that might become them by reason of their present or
future domiciles or by any other circumstance.

BOTH
PARTIES IN THE KNOWLEDGE OF THE FORCE AND LEGAL REACH OF THIS PRESENT CONTRACT;
THEY SUBSCRIBE IT BEING TOGETHER IN THE CITY OF CHIHUAHUA, STATE OF CHIHUAHUA,
ON THE 4TH APRIL 2007.

TRANSFEROR

TRANSFEREE

/s/CAranda

/s/RT

CARLOS
ARNOLD ACUÑA ARANDA

   
CORPORACIÓN AMERMIN, S.A.DE C.V.

PER
HIS OWN RIGHT

REPRESENTED
IN THIS ACT BY:

RAMIRO
TREVIZO LEDEZMA

###

Surrender of
Mining Rights Contract subscribed between Carlos Arnold Acuña Aranda and
Corporación Amermin, S. A. de C. V., dated on the 4th April
20007.SHARE PURCHASE AGREEMENT

DISSOLVEMENT OF LAS MINITAS GROUPINGS JOINT VENTURE
AGREEMENT

DISSOLVEMENT AGREEMENT CONCERNING THE JOINT VENTURE AGREEMENT
ENCOMPASSING THE “LAS MINITAS GROUPINGS” EXECUTED BETWEEN TARA GOLD RESOURCES
CORP. AND RAVEN GOLD CORP. DATED AUGUST 23, 2006. 

WHEREAS:

A.

Raven Gold Corp. and Tara Gold Resources Corp. hereby this day,
mutually agree to release and dissolve the Las Minitas Groupings
Agreement dated August 23, 2006 encompassing the “Las Minitas Groupings” as
attached in Schedule A, as amended by Amendment No. 1 to the Las Minitas
Groupings Agreement dated March 30, 2007, as attached in Schedule B. 

Tara Gold Resources Corp. and Raven Gold Corp. hereby agree to the
following:

1)

All commitments and obligations outlined in the August 23, 2006
Agreement are hereby released and dissolved.

2)

Neither Raven Gold Corp. nor Tara Gold Resources Corp. will hold
any claim of gain or liability, now or in the future, regarding the August 23,
2006 Agreement and its mutual dissolution. 

3)

Raven Gold Corp. will have no further recourse against the
properties/concessions outlined in the August 23, 2006 Agreement or against Tara
Gold Resources Corp. 

4)

All discussions, meetings, documents, findings and any information
exchanged related to the Las Minitas Groupings, between Raven Gold Corp. and
Tara Gold Corp., are considered confidential and cannot be shared without the
written consent of the other party.

5)

Tara Gold Resources Corp. continues to hold the sole option to
acquire 100% interest in the Las Minitas Groupings.

Kindly signify your acceptance of the terms contained herein by
signing in the appropriate space below and returning a copy of the fully
executed term sheet to Tara Gold Resources Corp. to the attention of the
President by facsimile at 630-456-4135.  Upon receipt by facsimile as
aforesaid, the August 23, 2006 Agreement will be considered released and
dissolved and a binding obligation of the parties will have been formed.

The
above noted terms are hereby accepted this 3rd day of May, 2007.

TARA
GOLD RESOURCES CORP.

RAVEN
GOLD CORP.

Per:

Per:

/s/Francis
R Biscan Jr

                       
/s/GH
Francis R. Biscan Jr., President and
CEO                 
   Gary Haukeland, CEO and Director

Schedule A

Las Minitas Groupings Agreement Dated August 23, 2006

Schedule B

Amendment No. 1 to the Las Minitas Groupings Agreement Dated
March 30, 2007

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