Document:

Filed by sedaredgar.com - Lamarun Resources, Inc. - Exhibit 10.1

 

 

 

PURCHASE AND SALE AGREEMENT 

 

 

 

BETWEEN 

LAMARUN RESOURCES INC. 

AND 

MICHAEL E. SCHUSS 

 

 

Dated as of the 16nd day of May, 2008 

PURCHASE AND SALE AGREEMENT 

THIS AGREEMENT made as of the 16th day of May, 2008 

AMONG:

  
    
      LAMARUN RESOURCES INC., a company existing under
        the laws of the State of Nevada and having its head office at 158 Torrancewood
        Drive, Brampton, Ontario, Canada I6Y 4K2 (“Lamarun”) 

    

  

AND: 

  
    
      MICHAEL E. SCHUSS, An individual residing at 10740
        Fundy Drive, Richmond, British Columbia, Canada, V7E 5K7 referred to as
        (the “Vendor”) 

    

  

WHEREAS: 

	A. 	
      The Vendor holds, directly or indirectly, interests in
      certain mineral exploration claims located in the New Westminster Mining
      Division in the Province of British Columbia, Canada;

	 	 
	B. 	
      The Vendor wishes to sell and Lamarun wishes to purchase
      a 100% interest in the Property on the terms and conditions contained in
      this Agreement.

In consideration of the premises, covenants and agreements
contained in this Agreement, the parties covenant and agree each with the other
as follows: 

1.        
 INTERPRETATION 

1.1      
 Definitions 

For the purposes of this Agreement and the recitals in and
Schedule to this Agreement, unless the context otherwise requires, the following
words and phrases will have the meanings indicated below: 

	 	(a) 	
      “Agreement” means this Agreement including the recitals
      and Schedule hereto, which are incorporated by this reference, as amended
      and supplemented;

	 	 	 
	 	(b) 	
      “Property” means the mineral exploration claims located
      in the New Westminster Mining Division, British Columbia, Canada and
      listed in Schedule 1 hereto;

	 	 	 
	 	(c) 	
      “Purchase Price” means the $6,500, US Dollars, purchase
      price for the Property as contemplated in this Agreement;

	 	 	 
	 	(d) 	
      “The Vendor” means Michael E. Schuss., an Individual
      residing in Richmond, British Columbia,
Canada;

	 	(e) 	
      “Lamarun” means Lamarun Resources Inc., a company
      incorporated and existing under the laws of the State of
  Nevada;

1.2      
 Interpretation 

In this Agreement, except as otherwise expressed or provided or
as the context otherwise requires: 

	 	(a) 	
      the headings and captions are provided for convenience
      only and will not form a part of this Agreement, and will not be used to
      interpret, define or limit the scope, extent or intent of this Agreement
      or any of its provisions; and

	 	 	 
	 	(b) 	
      a reference to time or date is to the local time or date
      in Toronto, Canada, unless specifically indicated
  otherwise;

1.3        Amendment

No amendment, waiver, termination or variation of the terms,
conditions, warranties, covenants, agreements and undertakings set out herein
will be of any force or effect unless the same is reduced to writing duly
executed by all parties hereto in the same manner and with the same formality as
this Agreement is executed. 

1.4        Waiver

No waiver of any of the provisions of this Agreement will
constitute a waiver of any other provision (whether or not similar) and no
waiver will constitute a continuing waiver unless otherwise expressly provided.

1.5        Schedules

The following Schedules are attached hereto and form a part
hereof: 

	 	Schedule 	Subject 
	 	  	  
	 	1 	Description of Property 
	 	2 	Claim Map

	1.6 	
      Currency

	 	 
		
      All dollar ($) references in this Agreement are to United
      States dollars.

2.          PURCHASE
AND SALE 

2.1        Purchase and
Sale 

Subject to the terms and conditions of this Agreement and based
on the representations and warranties contained in this Agreement, Lamarun
hereby offers to purchase the Property from the Vendor and the Vendor hereby
agrees to sell the Property to Lamarun. 

2.2      
 Consideration 

In consideration for the sale by the Vendor to Lamarun of the
Property, Lamarun will pay the Purchase Price for the Property to the Vendor on
the Closing date. 

3.         
REPRESENTATIONS AND WARRANTIES 

3.1      
 Representations and Warranties of The Vendor 

The Vendor represents and warrants to and in favour of the
Lamarun as follows and acknowledges that Lamarun is relying upon such
representations and warranties in consummating the transactions contemplated by
this Agreement: 

	 	(a) 	
      This Agreement has been duly executed and delivered by
      the Vendor and constitutes a valid and binding obligation of the Vendor in
      accordance with its terms;

	 	 	 
	 	(b) 	
      Schedules 1 and 2 hereto contain an accurate and complete
      description of the Property;

	 	 	 
	 	(c) 	
      No person has any agreement or option or any right or
      privilege (whether by law, pre-emptive or contractual) capable of becoming
      an agreement or option for the purchase from the Vendor of any interest in
      the Property;

	 	 	 
	 	(d) 	
      The entering into, execution, delivery and performance by
      the Vendor of this Agreement will not violate or contravene or conflict
      with or result in a breach of or default or give rise to any right of
      termination, acceleration, cancellation or modification under any of the
      terms and conditions of any contract, agreement, commitment, arrangement
      or understanding pursuant to which the Vendor holds or has acquired its
      interest in the Property or any other contract, agreement, commitment,
      arrangement, understanding or restriction, written or oral, to which the
      Vendor is a party or by which it is bound;

	 	 	 
	 	(e) 	
      To the best of the knowledge of the Vendor after due
      enquiry, there are no legal conflicts of any nature and no investigations
      or legal or administrative affairs pending against the Vendor in
      connection with the Property or for any other cause and there is no
      pending or threatened decree, decision, sentence, injunction, order or
      award of any court, arbitral tribunal or governmental authority or any
      action, procedure, arbitration, administrative or judicial investigation,
      actual or threatened, with respect to the Vendor or the
Property;

	 	 	 
	 	(f) 	
      The Vendor holds all right, title and interest in and to
      the Property, and the Property is free of any lien, claim, pledge,
      privilege, levy, lease, sublease or rights of any person and other than
      government royalties, government work requirements and other conditions
      imposed by a governmental authority;

3.2       
Representations and Warranties of Lamarun 

Lamarun represents and warrants to and in favour of the Vendor
as follows and acknowledges that the Vendor are relying upon such
representations and warranties in consummating the transactions contemplated by
this Agreement: 

	 	(a) 	
      Lamarun is a corporation duly incorporated and validly
      subsisting and in good standing in the State of Nevada;

	 	 	 
	 	(b) 	
      Lamarun has the corporate power and authority to enter
      into this Agreement and to perform its obligations hereunder;

	 	 	 
	 	(c) 	
      The execution and delivery of this Agreement and the
      completion of the transactions contemplated herein will constitute a valid
      and binding obligation of Lamarun enforceable against it in accordance
      with its terms;

	 	 	 
	 	(d) 	
      The entering into, execution, delivery and performance by
      the Lamarun of this Agreement will not violate or contravene or conflict
      with or result in a breach of or default or give rise to any right of
      termination, acceleration, cancellation or modification under any of the
      terms and conditions of any contract, agreement, commitment, arrangement,
      understanding or restriction, written or oral, to which Lamarun is a party
      or by which it is bound or under the constating documents or directors’ or
      shareholders’ resolutions of Lamarun;

4.         
CLOSING 

4.1        Time and Place
of Closing 

The closing (the “Closing”) of this Agreement will take place
at the offices of Lamarun at 2:00 p.m. (Toronto time) on May 16, 2008. 

4.2        Closing
Documents 

At Closing, the parties hereto will table the following
documents: 

	 	(a) 	
      Documents of The Vendor: The Vendor will table for
      delivery to Lamarun title transfer documents relating to the Property in a
      form acceptable to Lamarun’s legal counsel.

	 	 	 
	 	(b) 	
      Documents of Lamarun. Lamarun will table for
      delivery to the Vendor a certified check, or a check issued from an
      attorney’s trust account for $6,500 made payable to the Vendor or its
      agents.

5.         
TERMINATION 

5.1        Mutual
Termination 

This Agreement may, prior to Closing, be terminated by the
parties hereto by mutual agreement in writing notwithstanding anything contained
herein. 

6.         
GENERAL PROVISIONS 

6.1        Time of
Essence 

Time is and will be of the essence of each and every provision
of this Agreement. 

6.2        Finder’s Fees
and Brokers’ Commission 

Each of the parties hereto represents to the other that it has
not incurred any liability for any finders’ fee or brokers’ commission in
connection with the execution of this Agreement or the consummation of the
transactions contemplated herein. 

6.3        Expenses

Lamarun will be responsible for all fees and expenses in
connection with the preparation, execution and delivery of this Agreement and
the preparation and completion of all other agreements, documents, approvals and
transactions contemplated by this Agreement. 

6.4        Further
Assurances 

Each of the parties hereto will, whether before or after
Closing and at the expense of Lamarun, execute and deliver all such further
documents and instruments, give all such further assurances, and do all such
acts and things as may reasonably be required to carry out the full intent and
meaning of this Agreement. 

6.5        Entire
Agreement 

This Agreement and the Schedule hereto contain the whole
agreement among the parties hereto in respect of the subject matter hereof and
supersedes and replaces all prior negotiations, communications and
correspondence between the parties hereto. There are no warranties,
representations, terms, conditions or collateral agreements, express or implied,
statutory or otherwise, among the Vendor and Lamarun other than as expressly set
forth in this Agreement and the Schedule hereto. 

6.6        Enurement

This Agreement will enure to the benefit of and be binding upon
each of the parties hereto and their respective successors, liquidators and
permitted assigns. 

6.7        Assignment

No party hereto may assign any of its right, title or interest
in, to or under this Agreement, nor will any such purported assignment be valid
amongst the parties hereto, except with the prior written consent of all parties
hereto, such consent not to be unreasonably withheld. 

6.8        Governing
Law 

This Agreement will be construed and interpreted in accordance
with the laws of the Province of Ontario, Canada and the laws of Canada
applicable therein. The parties hereto irrevocably attorn to the jurisdiction of
the arbitrators and courts of the Province of Ontario, Canada and the venue for
any actions or arbitrations arising out of this Agreement will be Toronto,
Ontario Canada. 

6.9        Notices

All notices, payments, and other required communications
(“Notices”) to the parties hereto shall be in writing and shall be addressed
respectively as follows: 

	 	(a) 	If to Lamarun: 
	 	  	  
	 	  	       
                 Lamarun Resources Inc. 
	 	  	       
                 158 Torrancewood Drive, 
	 	  	       
                 Brampton, Ontario, 
	 	  	       
                 Canada I6Y 4K2 
	 	  	  
	 	  	  
	 	(b) 	If to the Vendor: 
	 	  	  
	 	  	       
                 Michael S. Schuss 
	 	  	       
                 10740 Fundy Drive, 
	 	  	       
                 Richmond, British Columbia,

	 	  	       
                 Canada, V7E 5K7

All notices shall be given (i) by personal delivery to the
party by leaving a copy at the place specified for notice with a receptionist or
an apparently responsible individual, or (ii) by electronic facsimile
communication. All notices will be effective and will be deemed delivered (i) if
by personal delivery, on the date of delivery if delivered during normal
business hours and, if not delivered during normal business hours, on the next
business day following delivery, and (ii) if by electronic communication, on the
next business day following receipt of the electronic communication. A party
hereto may change its address for notice by notice to the other party. 

6.10      Counterparts 

This Agreement, and any certificates or other writing delivered
  in connection herewith, may be executed in any number of counterparts with the
  same effect as if all parties hereto had all signed the same documents, and
  all such counterparts will be construed together and will constitute one and
  the same instrument. The execution of this Agreement and any other writing by
  any party hereto or thereto will not become effective until counterparts hereof
  or thereof, as the case may be, have been executed by all the parties hereto
  or thereto, and executed copies delivered to each party who is a party hereto
  or thereto. Such delivery may be made by facsimile transmission of the execution
  page or pages, hereof or thereof, to each of the other parties by the party
  signing the particular counterpart, provided that forthwith after such facsimile
  transmission, an originally executed execution page or pages is forwarded by
  prepaid express courier to the other party by the party signing the particular
  counterpart. 

The parties hereto have executed and delivered this Agreement
as of the date first written above. 

LAMARUN RESOURCES INC. 

 

	Per		 
	 	Harvinder Klare 	 
	 	President	 
	 	  	 
	 	  	 
	 	  	 
	 	 	 
	 	Michael S. Schuss 	 

Schedule 1 

 

Description of Property 

 

	Claim Name: 	Gold Coin 
	 	 
	Mining District: 	New Westminster, BC 
	 	 
	Tenure Number 	555722 
	 	 
	Number of Units 	1 Units (188.22 Hectares) 
	 	 
	Expiry Date 	August 1, 2009Filed by sedaredgar.com - Lamarun Resources, Inc. - Exhibit 10.2

LAMARUN 

  RESOURCES INC. 

 

 

GEOLOGICAL EVALUATION REPORT 

on the 

GOLD COIN PROPERTY 

 

 

	New Westminster Mining Division 
	               
                         
                         
                         
                         
                         
           NTS 092H.064 
	  
	  
	Vancouver, B.C. 
	               
                         
                         
                         
                         
                         
           Laurence Sookochoff, P.Eng 
	June 7, 2008 
	               
         Sookochoff Consultants Inc. 

Lamarun Resources Inc. 

  Geological Report 

  on the 

  Gold Coin Claim

___________________________________________

Table of Contents 

	  	page 
	  	  
	Introduction 	3. 
	Summary 	3. 
	Property Description, Location & Access 	4. 
	Climate 	4. 
	Physiography & Vegetation 	4. 
	Infrastructure 	4. 
	Water & Power 	4 
	History 	5. 
	Regional Geology 	6. 
	Property Geology 	6. 
	Mineralization 	6. 
	Conclusions & Recommendations 	7. 
	Recommended Exploration Program & Estimated Cost
      	8. 
	Selected References 	9. 
	Certificate 	10 

Illustrations 

	Figure 1. 	Location Map 	following page 3. 
	Figure 2. 	Claim Location 	following page 4. 
	Figure 3. 	UTM & Topography 	following page 4. 
	Figure 4. 	OrthoPhoto 	following page 5. 
	Figure 5. 	Geology 	following page6. 

Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 

INTRODUCTION 

At the request of officials of Lamarun Resources Inc. the
writer prepared this evaluation report on the GOLD COIN Mineral Claim ground,
the results of former and current exploration, and to recommend an exploration
program to continue the exploration and development of the ground with a view to
establish a sufficient gold bearing mineral resource on which to base a
productive economic operation. 

Information for this report was obtained from sources as cited
under Selected References and from personal geological reports the writer has
written on mineral properties in the general area. 

SUMMARY 

The GOLD COIN property covers an area of 188.22 hectares
located in southwestern British Columbia, Canada, 90 miles northeast of
Vancouver within the New Westminster Mining Division. 

The property is situated within the Cascade Range of mountains
along the western edge of the Methow Graben which is marked by the Hozameen
Fault separating the Jurassic Ladner group of rocks and the Permean to Jurassic
Hozameen undivided sedimentary rocks. The Graben makes up the Coquihalla Gold
Belt of southern British Columbia, a historic metallogenic belt characteristic
of lode gold occurrences. Much of the gold within the belt is spatially related
to the Hozameen Fault with the gold occurrences hosted by shear zones and veins
as high-grade low tonnage deposits or in breccia and replacement zones as
low-grade high tonnage deposits such as the Caroline Mines mineral deposit
located south of the Property. The Gold Coin mineral showing is exposed in a
tunnel reportedly as an iron-stained, altered argillite, and serpentine which,
near the portal, is particularly schistose and hosts “rotten” quartz, talc and
platy slate fragments. A five foot wide sample taken from this area reportedly
assayed 2.67 ounces gold per ton. 

A three phase exploration program of prospecting, trenching,
geophysical surveys, and diamond drilling estimated to cost US$99,500.00 is
recommended to delineate a potentially indicated economic mineral resource on
the GOLD COIN property. 

	Sookochoff Consultants Inc.  
	June 7, 2008 	page 3 of 15 

Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 

PROPERTY DESCRIPTION, LOCATION & ACCESS 

The property covers an area of 188.22 hectares. Particulars are
as follows: 

	Claim Name 	Tenure No. 	Expiry Date 
	Gold Coin 	555722 	2009/aug/01

The property is located in southwestern British Columbia,
Canada, 90 miles northeast of Vancouver and 47 miles northwest of Princeton in
the New Westminster Mining Division. 

The UTM co-ordinates at the Gold Coin mineral showing near the
center of the property are 5502101N and 617456 E. 

The property is accessible from Vancouver, B.C. via Trans
Canada Highway #1 for some 90 miles to within 14 miles south of Boston Bar and
thence some two miles by secondary road to the Property. 

PHYSIOGRAPHY, CLIMATE, AND VEGETATION 

The property is situated within the northern tip of the Cascade
Mountain Range, a physiographic province of which only a small area lies in
British Columbia. Steep ridges and heavily vegetated valley floors typify the
area. Annual precipitation is heavy and temperatures relatively mild. 

Elevations range from 2600 feet in the northwest and 2150 feet
in the southwest.There are adequate sites on and/or peripheral to the property
for potential tailings storage areas, waste disposal areas and processing plant
sites. 

INFRASTRUCTURE 

Boston Bar, a community situated along Highway #1 some 14 miles
north of the Property, would be available for basic accommodation and supplies
for any exploration project. Vancouver, a port city on the southwest corner of,
and the largest city, in the Province of British Columbia, 90 miles southwest of
the Property would be the source for any mine related equipment for the
exploration and development of the Property. 

WATER AND POWER 

Sufficient water for all phases of the exploration program
could be available from the many creeks that are located within the confines of
the property. Electrical power may be available from a high voltage transmission
line that is within four miles of the Property. 

Diesel-electrical power would be required in the initial stages
  of development and production.

	Sookochoff Consultants Inc.  
	June 7, 2008 	page 5 of 15 

Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 

AREA HISTORY 

The history of the immediate area stems the 1870’s when placer
gold was discovered along the Fraser River. Subsequent exploration led to the
discovery of placer gold northward to, and far beyond the Property to the
historic and prolific Barkerville placer gold fields from which placer gold is
still recovered. The more prominent placer discoveries in the Property area were
numerous placer lode gold ccurrences along Siwash Creek six miles south of the
Property. 

At Siwash Creek, numerous unsuccessful attempts have been made
to mine the bedrock gravels of the Creek by means of shafts, adits, and sluicing
operations. These include efforts by the Pacific Northwest Corporation around
the turn of the century, the Siwash Creek Hydraulic Company between 1911 and
1915, and the Azela Mining Company in 1925 and 1926. The gravels were also
tested, in 1950, by Canadian American Mines Incorporated. Most of the gold
recovered is said to have been found in gravels “which overlay a layer of clay”.
Total recorded production for the creek is reportedly estimated to be 529 grams.

During the sunset placer period, lode gold discoveries were
made along the Coquihalla gold belt where small former lode gold producers were
developed and several gold occurrences were located. Some of these discoveries
were along the north fork of Siwash Creek where at the Rodd B showing (MINFILE
No 092HNW053), four miles south of the Property, gold has reportedly been
recovered from panned samples of intrusive rocks and associated quartz veins.

PROPERTY HISTORY 

The Gold Coin showing was probably discovered and the tunnel
established during the early 1900’s when much placer exploration was in progress
in the Siwash Creek area. There was no reported exploration of the Property
until 1979 when Aquarius Resources Ltd. completed ageochemical survey on
portions of the present ground covered by the Property. Aquarius Resources Ltd.
in association with other companies, completed additional exploration in the
immediate area from 1979 to 1981.

There was no other reported exploration on the Property since
  1981. 

	Sookochoff Consultants Inc.  
	June 7, 2008 	page 8 of 15 

Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 

REGIONAL GEOLOGY 

The Property is located within an area of the western margin of
the Methow Graben, a prominent geological feature of the northern Cascade Range
of Washington and British Columbia. The structural and lithological complex is
comprised of north-south trending sheared serpentine and ultramafic rocks
separated by the Hozameen Fault with the Lower Jurassic to Middle Jurassic
Ladner Group (ImJLa) to the east and the Permean to Jurassic Hozameen Complex of
undivided sedimentary rocks (PJHs) to the west. Most of the mineral occurrences
in the area lie east of but generally close to the Hozameen Fault, which
encloses metamorphic rocks of the Coquihalla serpentine belt. 

The Complex makes up the Coquihalla Gold Belt of southern
British Columbia, a historic metallogenic belt characteristic of lode gold
occurrences. Much of the gold within the belt is spatially related to the
Hozameen Fault with the gold occurrences hosted by shear zones and veins as
high-grade low tonnage deposits or in breccia and replacement zones as low-grade
high tonnage deposits such as the Caroline Mines mineral deposit located south
of the Property. 

PROPERTY GEOLOGY 

The Property covers a portion of the Hozameen fault with the
Ladner Group to the east and the Hozameen Complex to the west. The Gold Coin
occurrence is described as being situated near the western contact of a belt of
rocks characterized as serpentinite. These rocks are in contact with black,
carbonaceous slate and argillite of the Ladner Group. The sediments host quartz,
occurring as irregularly distributed bunches and stringers, adjacent to the
contact. 

AREA MINERALIZATION 

  Within the Coquihalla gold belt are many gold showings, occurrences and
  deposits which are indicated as spatially related to the Hozameen Fault. At
  the Majestic mineral showing located three miles northeast of the Property quartz
  veins within Ladner siltstones host finely disseminated pyrite and tetrahedrite
  reported to carry visible gold, locally encrusted by iron oxides. Grab samples
  from the vein reportedly assayed 6.9 ounces of gold per ton. Development is
  reported to have consisted of two tunnels. 

	Sookochoff Consultants Inc.  
	June 7, 2008 	page 10 of 15 

Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 

AREA MINERALIZATION (cont’d) 
At the Rodd B mineral
showing on the north fork of Siwash Creek some three miles south of the
Property, narrow veinlets of quartz with some scheelite occur along foliation
planes in sediments. Gold has reportedly been recovered from panned samples of
intrusive rock and associated quartz veins. A three foot sample taken from near
the contact of one sill reportedly assayed 0.06 ounces gold per ton. 

PROPERTY MINERALIZATION 

The Gold Coin tunnel reportedly exposes iron-stained, altered
argillite and serpentine which, near the portal, is particularly schistose and
hosts “rotten” quartz, talc and platy slate fragments. A five foot wide sample
taken from this area reportedly assayed 2.67 ounces gold per ton. 

CONCLUSIONS 

The GOLD COIN property is located within a favourable geological
  environment for the occurrence of potentially economic mineral resources that
  may be developed from gold mineralization hosted primarily by quartz veins or
  from a quartz vein stockwork. As the Hozameen Fault appears as the primary controlling
  structure to gold/quartz mineralization, and associated serpentinite localized
  by the Hozameen Fault, appears to be a secondary controlling factor to associated
  gold mineralization, the Hozameen Fault zone on the Property should be explored
  for potentially economic gold zones. As the significant gold values at the Gold
  Coin showing are associated with serpentine and indicated adjacent to the Hozameen
  Fault, the Hozameen Fault zone in the area of the Gold Coin showing should be
  the initial focus of exploration. 

	Sookochoff Consultants Inc.  
	June 7, 2008 	page 12 of 15 

Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 

RECOMMENDED EXPLORATION PROGRAM & ESTIMATED COST

An exploration program of prospecting, trenching, sampling, and
geophysical surveys followed by diamond drilling is recommended to determine the
prime locality of mineralization which would be tested by diamond drilling. 

	Phase I 
Prospecting, trenching and
      sampling ------------------------------------------ 	 	
$ 7,500.00 	 
	  	 	  	 
	Phase II 
VLF-EM and magnetometer
      surveys ------------------------------------------ 	 	
12,000.00 	 
	  	 	  	 
	Phase III 
Diamond drilling
      ------------------------------------------------------------------- 	 	
80,000.00 	 
	  	 	  	 
	Total Estimated Cost 	$	 99,500.00 	 

Phase I of the recommended exploration program is estimated to
take two weeks to complete. 

It is the author’s opinion that the geological character of the
GOLD COIN property is of sufficient merit to justify the recommended exploration
program. 

Respectfully submitted 

  Sookochoff Consultants Inc.

  Laurence Sookochoff, P.Eng. 

  Vancouver, BC

	Sookochoff Consultants Inc.  
	June 7, 2008 	page 13 of 15 

Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 

SELECTED REFERENCES 

MINFILE – 092HNW033; Majestic. 

MINFILE – 092HNW043; Siwash Creek. 

MINFILE – 092HNW053; Rodd B. 

MINFILE – 092HNW032; Gold Coin, Hidden Creek. 

Cochrane, D.R. – Geochemical Assessment Report and
Reconnaissance Geochemical Survey on a Portion of the Hidden Creek Group for
Aquarius Resources Ltd., March 8, 1979.  AR 7,168. 

Howe, D. - V.A. – Assessment Report on a Geochemical Sampling
Survey on the Maj Mineral Claim Group for Columbian Northland Exploration Ltd.,
Aquarius Resources Ltd., Rupertsland Resources Ltd., Flamingo Oils Ltd., and
Ocelot Industries Ltd. October 30, 1981. AR 13,499. 

MapPlace – Downloads 

	Sookochoff Consultants Inc.  
	June 7, 2008 	page 14 of 15 

Lamarun Resources Inc. 
Geological Evaluation
Report 
GOLD COIN Property 

CERTIFICATE 

I, Laurence Sookochoff, of the City of Vancouver, in the
Province of British Columbia, do hereby certify: 

That I am a Consulting Geologist and principal of Sookochoff
Consultants Inc. with an office address at 120 125A-1030 Denman Street,
Vancouver, BC V6G 2M6. 

I, Laurence Sookochoff, further certify that: 

1) I am a graduate of the University of British Columbia (1966)
and hold a B.Sc. degree in Geology. 

2) I have been practicing my profession for the past fourty-two
years. 

3) I am registered and in good standing with the Association of
Professional Engineers and Geoscientists of British Columbia. 

4) The information for this report is based on information as
itemized in the Selected Reference section of this report. 

5) I do not have any direct or indirect interest in the GOLD
COIN Property nor in the securities of Lamarun Resources Inc. 

Laurence Sookochoff, P. Eng. 

   

	Sookochoff Consultants Inc.  
	June 7, 2008 	page 15 of 15

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