Document:

Exhibit 4.8

                           STOCK OPTION PLAN AGREEMENT
                           ===========================

                                    Between:
                                    --------

                         SAVOY CAPITAL INVESTMENTS, INC.
                         -------------------------------

                                      and:

                                  Devlin Jensen
                             Barristers & Solicitors

                         Savoy Capital Investments, Inc.
                         -------------------------------
                              18826 Pagentry Place
                        Monument, Colorado, U.S.A., 80132

<PAGE>
                           STOCK OPTION PLAN AGREEMENT
                           ===========================

     THIS STOCK OPTION PLAN AGREEMENT (the "Agreement") is made and entered into
to be effective as of the 2nd day of January 2004 (the "Date of Grant").

BETWEEN:
--------

                  SAVOY CAPITAL INVESTMENTS, INC.,
                  -------------------------------
                  a company incorporated under the laws of the State of
                  Colorado, and having an address for notice and delivery
                  located at; 18826 Pagentry Place, Monument, Colorado 80132

                  (the "Company");

                                                               OF THE FIRST PART
                                                               -----------------

AND:
----
                  Devlin Jensen
                  Barristers & Solicitors
                  Suite 2550, 555 West Hastings Street
                  Vancouver, BC, Canada, V6B 4N5

                  (the "Optionee").

                                                              OF THE SECOND PART
                                                              ------------------

     WITNESSETH:
     -----------

     WHEREAS, effective as of January 2, 2004, the Board of Directors of the
Company determined that the Optionee should receive an option to purchase shares
of the Company's common stock (the "Common Stock") in order to provide the
Optionee with an opportunity for investment in the Company and additional
incentive to pursue the success of the Company, said option to be for the number
of shares, at the price per share and on the terms as set forth in this
Agreement;

     AND WHEREAS the Optionee desires to receive an option on the terms and
conditions set forth in this Agreement;

<PAGE>
                                      -2-

     NOW, THEREFORE, the parties to this Agreement agree as follows:

1.   Grant of Option.
     ----------------

     The Company hereby grants to the Optionee, as a matter of separate
agreement and not in lieu of salary or any other compensation for service, the
right and option (the "Option") to purchase all or any part of an aggregate of
300,000 shares of the authorized and unissued U.S. $0.001 par value Common Stock
of the Company (collectively, the "Option Shares") pursuant to the terms and
conditions as set forth in this Agreement.

2.   Option Price.
     -------------

     At any time when shares are to be purchased pursuant to the Option, the
purchase price for each Option Share shall be U.S. $0.10 (the "Option Price").

3.   Option Period and Vesting Provisions.
     -------------------------------------

     The option period with respect to all of the Option Shares shall commence
from the Date of Grant and shall terminate three years from the Date of Grant,
unless terminated earlier as provided in this Agreement. If the Optionee's
employment is terminated for any reason other than death or for cause, any
options granted to the Optionee which have not been exercised shall terminate
immediately or shall terminate, at the sole discretion of the Company, within up
to 90 calendar days after the effective date of such termination and shall be
exercisable during such 90-day period only to the extent they were exercisable
on the effective date of termination. If the Optionee's employment terminates
because of death, the Option may be exercised by the Optionee's estate in full
for 6 months after such death; provided, always, that payment is tendered within
6 months after the date of death. If the Optionee's employment is terminated for
cause, any unexercised portion of the Option shall immediately expire.

4.   Exercise of Option.
     -------------------

     (a)  The Option may be exercised by delivering to the Company:

          (i)  a Notice and Agreement of Exercise of Option (the "Notice and
               Agreement of Exercise of Option"), substantially in the form
               attached hereto as Exhibit "A", specifying the number of Option
               Shares with respect to which the Option is exercised, and

          (ii) full payment of the Option Price for such shares, either in cash
               or by certified cheque, or a combination thereof.

     (b)  Promptly upon receipt of the Notice and Agreement of Exercise of
          Option and the full payment of the Option Price by the Optionee
          (including payment or provision for payment of any applicable
          withholding or similar taxes), the Company shall deliver to the
          Optionee a properly executed certificate or certificates representing
          the Option Shares being purchased.

<PAGE>
                                      -3-

5.   Securities Laws Requirements.
     -----------------------------

     No Option Shares shall be issued unless and until, in the opinion of the
Company, any applicable registration requirements of the United States
Securities Act of 1933, as amended (the "Securities Act"), any applicable
listing requirements of any securities exchange on which stock of the same class
has been listed, and any other requirements of law or any regulatory bodies
having jurisdiction over such issuance and delivery have been fully complied
with. Pursuant to the terms of the Notice and Agreement of Exercise of Option
that shall be delivered to the Company upon each exercise of the Option, the
Optionee, and the Optionee's designate if applicable, shall acknowledge,
represent, warrant and agree as follows:

     (a)  all Option Shares shall be acquired solely for the account of the
          Optionee, or for the account of the Optionee's designate if
          applicable, for investment purposes only and with no view to their
          resale or other distribution of any kind;

     (b)  no Option Shares shall be sold or otherwise distributed in violation
          of the Securities Act or any other applicable federal or state
          securities laws;

     (c)  if the Optionee, or the Optionee's designate if applicable, is subject
          to reporting requirements under Section 16(a) of the United States
          Securities Exchange Act of 1934, as amended (the "Exchange Act"), the
          Optionee, or the Optionee's designate if applicable, shall:

          (i)  be aware that the grant of the Option to purchase Option Shares
               is an event that may require reporting on Forms 3, 4 or 5 under
               Section 16(a) of the Exchange Act;

          (ii) be aware that any sale by the Optionee or his immediate family of
               the Company's Common Stock or of any of the Option Shares within
               six months before or after any grant or exercise of the Option
               may create liability for him under Section 16(b) of the Exchange
               Act;

          (iii) consult with the Optionee's counsel regarding the application of
               Section 16(b) of the Exchange Act prior to any exercise of the
               Option, and prior to any sale of the Company's Common Stock or
               the Option Shares within six months after any grant or exercise
               of the Option;

          (iv) assist the Company with the filing of the applicable Forms 3, 4
               or 5 with the Securities and Exchange Commission; and

          (v)  timely file all reports required under the federal securities
               laws;

<PAGE>
                                      -4-

     (d)  the Optionee, or the Optionee's designate if applicable, shall report
          all sales of Option Shares to the Company in writing on a form
          prescribed by the Company; and

     (e)  if any of the Option Shares are being acquired solely for the account
          of the Optionee's designate, each of the Optionee and the Optionee's
          designate is either a consultant or advisor to the Company, the
          Optionee is under privity of contract or arrangement with the Company
          and each of the Optionee and the Optionee's designate, in such
          capacity, has rendered bona fide services to the Company which
          include, but are not limited to, financial, administrative and/or
          managerial services; provided that neither the Optionee nor the
          Optionee's designate rendered or renders services, directly or
          indirectly, to promote or maintain a market for the Company's
          securities and, furthermore, provided that no such services were
          rendered or are being rendered in connection with the offer or sale of
          securities in a capital-raising transaction on behalf of the Company;
          failing any of which any Option Shares acquired hereunder may not be
          or may not have been registerable under the Securities Act and may not
          be sold unless they are sold pursuant to an exemption from
          registration under the Securities Act.

     The foregoing restrictions or notice thereof shall be placed on the
certificates representing the Option Shares purchased pursuant to the Option and
the Company may refuse to issue the certificates or to transfer the shares on
its books unless it is satisfied that no violation of such restrictions will
occur.

6.   Transferability of Option.
     --------------------------

     The Option shall not be transferable except by will or the laws of descent
and distribution, and any attempt to do so shall void the Option. During the
Optionee's lifetime the Option is exercisable only by the Optionee, however, and
in accordance with the provisions hereof, any Option Shares being acquired
hereunder may, at the prior direction of the Optionee, be acquired by the
Optionee or by the Optionee's designate.

7.   Adjustment by Stock Split, Stock Dividend, etc.
     -----------------------------------------------

     If at any time the Company increases or decreases the number of its
outstanding shares of Common Stock, or changes in any way the rights and
privileges of such shares, by means of the payment of a stock dividend or the
making of any other distribution on such shares payable in its Common Stock, or
through a stock split or subdivision of shares, or a consolidation or
combination of shares, or through a reclassification or recapitalization
involving its Common Stock, the numbers, rights and privileges of the shares of
Common Stock included in the Option shall be increased, decreased or changed in
like manner as if such shares had been issued and outstanding, fully paid and
non-assessable at the time of such occurrence.

<PAGE>
                                      -5-

8.   Merger or Consolidation.

     (a)  Effect of transaction. Upon the occurrence of any of the following
          events, if the notice required by paragraph 8(b) hereinbelow has been
          given, the Option shall automatically terminate and be of no further
          force or effect whatsoever:

          (i)  the dissolution or liquidation of the Company

          (ii) the appointment of a receiver for all, or substantially all, of
               the Company's assets or business:

          (iii) the appointment of a trustee for the Company after a petition
               has been filed for the Company's reorganization under applicable
               statutes; or

          (iv) the sale, lease or exchange of all, or substantially all, of the
               Company's assets and business.

     (b)  Notice of such occurrence. At least 30 days' prior written notice of
          any event described in paragraph 8(a) hereinabove, except the
          transactions described in subparagraphs 8(a)(ii) and (iii) as to which
          no notice shall be required, shall, at the Company's option, be given
          by the Company to the Optionee. After receipt of such notice the
          Optionee may, at any time before the occurrence of the event requiring
          the giving of notice, exercise the unexercised portion of the Option
          as to all the shares covered thereby. Such notice shall be deemed to
          have been given when delivered personally to the Optionee or pursuant
          to the provisions of paragraph 11 of this Agreement. If no such notice
          shall be given with respect to a transaction described in
          subparagraphs 8(a)(i), (ii) or (iv), the provisions of paragraph 8(a)
          shall not apply and the Option shall not terminate upon the occurrence
          of such transaction.

9.   Common Stock to be received upon Exercise.
     ------------------------------------------

     The Optionee understands that the Company is under no obligation to
register the Option Shares under the Securities Act, and that, in the absence of
any such registration, the Option Shares cannot be sold unless they are sold
pursuant to an exemption from registration under the Securities Act. The Company
is under no obligation to comply, or to assist the Optionee in complying with,
any exemption from such registration requirement, including supplying the
Optionee with any information necessary to permit routine sales of the Option
Shares under Rule 144 of the United States Securities and Exchange Commission
(the "Rule"). The Optionee also understands that, with respect to the Rule,
routine sales of securities made in reliance upon such Rule only can be made in
limited amounts in accordance with the terms and condition of the Rule, and that
in cases in which the Rule is inapplicable, compliance with either Regulation A
or another disclosure exemption under the Securities Act will be required. Thus,
the Option Shares will have to be held indefinitely in the absence of
registration under the Securities Act or an exemption from registration.

<PAGE>
                                      -6-

     Furthermore, the Optionee fully understands that the Option Shares have not
been registered under the Securities Act and that they will be issued in
reliance upon an exemption, which is available, only if Optionee, or the
Optionee's designate if applicable, acquires such shares for investment and not
with a view to distribution. The Optionee is familiar with the phrase "acquired
for investment and not with a view to distribution" as it relates to the
Securities Act and the special meaning given to such term in various releases of
the Securities and Exchange Commission.

10.  Privilege of Ownership.
     -----------------------

     The Optionee and the Optionee's designate shall not have any of the rights
of a shareholder with respect to the Option Shares covered by the Option except
to the extent that one or more certificates for such Option Shares shall be
delivered to them upon exercise of the Option.

11.  Notices.
     --------

     Any notices required or permitted to be given under this Agreement shall be
in writing and they shall be deemed to be given upon receipt by sender or
sender's return receipt for acknowledgment of delivery of said notice by
postage-prepaid registered mail. Such notice shall be addressed to the party to
be notified as shown below:

                  The Company:      Savoy Capital Investments, Inc.
                                    18826 Pagentry Place,
                                    Monument, Colorado,
                                    U.S.A., 80132; and

                  The Optionee:     At the address listed below his name on
                                    the front page of this Agreement.

     Any party may change its address for purposes of this paragraph by giving
the other party written notice of the new address in the manner set forth above.

12.  General Provisions.
     -------------------

     (a)  Amendments. This Agreement may not be amended nor may any rights
          hereunder be waived except by an instrument in writing signed by the
          party sought to be charged with such amendment or waiver.

     (b)  Proper law. This Agreement shall be construed in accordance with, and
          governed by, the laws of the State of Colorado, U.S.A.

     (c)  Time of the essence. Time shall be of the essence of this Agreement.

<PAGE>
                                      -7-

     (d)  Gender. All pronouns contained herein and any variations thereof shall
          be deemed to refer to the masculine, feminine or neuter, singular or
          plural as the identity of the parties hereto may require.

     (e)  Entire agreement. The provisions contained herein constitute the
          entire agreement between the parties hereto and supersede all previous
          understandings and agreements with respect to the granting of the
          within Option.

     (f)  Enurement. This Agreement shall enure to the benefit of and bind the
          parties hereto and shall, to the extent hereinbefore provided, enure
          to the parties' respective heirs, executors, successors,
          administrators and assigns.

     (g)  Approvals. This Agreement is or may be subject to the prior approval
          of all regulatory authorities having jurisdiction over the Company
          where required by the laws, regulations and by-laws to which the
          Company is subject, and, where not already obtained, is or may be
          subject, prior to exercise of the Option, to the approval by the
          shareholders of the Company to the granting of options in the capital
          stock of the Company.

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement to be
effective as of the day and year first above written.

SAVOY CAPITAL INVESTMENTS, INC.
--------------------------------

/s/ Floyd Wandler
--------------------------------
Authorized Signatory

SIGNED, SEALED and DELIVERED by

DEVLIN JENSEN, BARRISTERS & SOLICITORS

the Optionee herein, in the presence of:

/s/ P. Devlin
--------------------------------
Witness Signature                              /s/ T. Deutsch
                                          --------------------------
                                                Thomas Deutsch

Suite 2550, 555 West Hastings Street
Vancouver, BC, Canada, V6B 4N5
--------------------------------
Witness Address

    P. Devlin, Lawyer
--------------------------------
Witness Name and Occupation

<PAGE>
                                    EXHIBIT A
                                    ---------

                       TO: SAVOY CAPITAL INVESTMENTS, INC.
                       -----------------------------------
                           STOCK OPTION PLAN AGREEMENT
                           ---------------------------

                   NOTICE AND AGREEMENT OF EXERCISE OF OPTION
                   ------------------------------------------

     The Optionee hereby exercises its Savoy Capital Investments, Inc. Stock
Option dated, January 2, 2004 as to 300,000 shares of Savoy Capital Investments,
Inc. Common Stock (each an "Option Share").

     Enclosed are the documents and payment specified in paragraph 4 of the
Optionee's Option Agreement.

     The Optionee, and the Optionee's designate if applicable, understands that
no Option Shares will be issued unless and until, in the opinion of Savoy
Capital Investments, Inc. (the "Company"), any applicable registration
requirements of the Securities Act of 1933, as amended (the "Securities Act"),
exchange on which stock of the same class is then listed, and any other
requirements of law or any regulatory bodies having jurisdiction over such
issuance and delivery, shall have been fully complied with. The Optionee, and
the Optionee's designate if applicable, hereby acknowledges, represents,
warrants and agrees, to and with the Company as follows:

     (a)  the Option Shares the Optionee, or the Optionee's designate if
          applicable, is purchasing are being acquired for the Optionee's, or
          for the Optionee's designate's if applicable, own account for
          investment purposes only and with no view to their resale or other
          distribution of any kind, and no other person (except if the Optionee,
          or the Optionee's designate if applicable, is married, that person's
          spouse) will own any interest therein;

     (b)  the Optionee, or the Optionee's designate if applicable, will not sell
          or dispose of the Option Shares in violation of the Securities Act or
          any other applicable federal or state securities laws;

     (c)  if and so long as the Optionee, or the Optionee's designate if
          applicable, is subject to the reporting requirements under Section
          16(a) of the Securities Exchange Act of 1934, as amended (the
          "Exchange Act"), the Optionee, and the Optionee's designate if
          applicable, recognizes that any sale by the Optionee, or by the
          Optionee's designate if applicable, or their respective and immediate
          families, of the Company's Common Stock within six months before or
          after any grant or exercise of the Optionee's stock Option may create
          liability for the Optionee, or for the Optionee's designate if
          applicable, under Section 16(b) of the Exchange Act ("Section 16(b)");

<PAGE>
                                      -2-

     (d)  the Optionee, and the Optionee's designate if applicable, has
          consulted with the Optionee's, and the Optionee's designate's if
          applicable, counsel regarding the application of Section 16(b) to this
          exercise of the Optionee's stock Option;

     (e)  the Optionee, and the Optionee's designate if applicable, will consult
          with their respective counsel regarding the application of Section
          16(b) before the Optionee, or the Optionee's designate if applicable,
          makes any sale of the Company's Common Stock, including the Option
          Shares, within six months after the date of this Agreement;

     (f)  the Optionee, and the Optionee's designate if applicable, will report
          all sales of Option Shares to the Company in writing on a form
          prescribed by the Company;

     (g)  the Optionee, and the Optionee's designate if applicable, will assist
          the Company in the filing of and will timely file all reports that the
          Optionee, or the Optionee's designate if applicable, may be required
          to file under the federal securities laws;

     (h)  the Optionee, and the Optionee's designate if applicable, agrees that
          the Company may, without liability for its good faith actions, place
          legend restrictions upon the Option Shares and issue "stop transfer"
          instructions requiring compliance with applicable securities laws and
          the terms of the Optionee's stock Option; and

     (i)  if any of the Option Shares are being acquired solely for the account
          of the Optionee's designate, each of the Optionee and the Optionee's
          designate is either a consultant or advisor to the Company, the
          Optionee is under privity of contract or arrangement with the Company
          and each of the Optionee and the Optionee's designate, in such
          capacity, has rendered bona fide services to the Company which
          include, but are not limited to, financial, administrative and/or
          managerial services; provided that neither the Optionee nor the
          Optionee's designate rendered or renders services, directly or
          indirectly, to promote or maintain a market for the Company's
          securities and, furthermore, provided that no such services were
          rendered or are being rendered in connection with the offer or sale of
          securities in a capital-raising transaction on behalf of the Company;
          failing any of which any Option Shares acquired hereunder may not be
          or may not have been registerable under the Securities Act and may not
          be sold unless they are sold pursuant to an exemption from
          registration under the Securities Act.

     The foregoing restrictions or notice thereof shall be placed on the
certificates representing the Option Shares purchased pursuant to the Option and
the Company may refuse to issue the certificates or to transfer the Option
Shares on its books unless it is satisfied that no violation of such
restrictions will occur.

     The number of Option Shares specified above are to be issued in the
following registration manner as directed by the Optionee and, if applicable, to
the Optionee's designate as set forth hereinbelow:

<PAGE>
                                      -3-

    Registration respecting the Optionee (must be completed by the Optionee):
    -------------------------------------------------------------------------

--------------------------------------   ---------------------------------------
        (Print Optionee's name)                    (Optionee's signature)

                                          Devlin Jensen Barristers & Solicitors
                                          Suite 2550, 555 West Hastings Street
                                          Vancouver, BC, Canada, V6B 4N5
                                         ---------------------------------------
                  N/A                            (Address for Optionee)
--------------------------------------
Optionee - Print name of spouse
      if you wish joint registration)

--------------------------------------
         Date of Exercise

 Registration respecting the Optionee's designate (complete if applicable only):
 -------------------------------------------------------------------------------

--------------------------------------   ---------------------------------------
 (Print Optionee's designate's name)       (Optionee's designate's signature)

--------------------------------------   ---------------------------------------
(Optionee's designate - Print name of      (Address for Optionee's designate)
 spouse if you wish joint registration)
                                         ---------------------------------------

<PAGE>EXHIBIT 10.0

                            SHARE PURCHASE AGREEMENT
                            ------------------------

THIS AGREEMENT is made as of the 23rd day of December, 2003.

BETWEEN:

            Savoy Capital Investments, Inc.
            -------------------------------
            a Company incorporated pursuant to the laws of
            the State of Colorado,
            Andrew N. Peterie, Sr.
            c/o Cudd & Associates
            19926 Pagentry Place
            Monument, Colorado  80132
            (the "Company")

                                                               OF THE FIRST PART

AND:

            Geoffrey Armstrong
            ------------------
            a businessman,
            3240 E. 58th Ave., #45,
            Vancouver, BC,
            Canada, V5S 3T2
            (the "Seller")

                                                              OF THE SECOND PART

WHEREAS:

A. Savoy Capital Investments, Inc. ("the Company") is entering the resource
exploration and development business. The Company is currently seeking gold and
copper exploration properties in Mongolia and China. The Company wishes to enter
the gemstone mining business by acquiring gemstone mining exploration and
development properties in Madagascar.

B. Geoffrey Armstrong ("the Seller") owns 97% of Societe Siranna S.A.R.L.
("Siranna"). Siranna is a company incorporated under the laws of Madagascar.
Siranna holds title to two gem mining exploration and development properties
with export privileges in Madagascar.

NOW, THEREFORE, THIS AGREEMENT WITNESSES THAT in consideration of the premises
and mutual covenants contained in this Agreement and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties, intending to be legally bound hereby, agree as follows:

                                      -1-
<PAGE>
                                                                   EXHIBIT 10.0

1. INTERPRETATION
   --------------

1.1 Where used herein or in any amendments or Attachments hereto, the following
terms shall have the following meanings:

     (a)  "Seller's Shares" means the Seller's ownership of shares representing
          97% of the issued capital of Siranna;

     (b)  "Assets" means the Assets of Siranna listed in Attachment A of this
          Agreement;

     (c)  "Closing Date" means the 29th day of December, 2003 or such other date
          as agreed in writing by the parties;

     (d)  "Permitted Encumbrances" mean the security interests and stock option
          plan granted by the Seller and disclosed to the Company, as listed in
          Attachment A;

     (e)  "Purchase Price" means the amount of 7,500,000 common shares
          (representing an estimated 34% of the issued and outstanding and fully
          diluted share capital of the Company);

1.2 All dollar amounts referred to in this agreement are in United States funds,
unless expressly stated otherwise.

1.3  The following Attachments are attached to and form part of this Agreement:

    Attachment A - Societe Siranna S.A.R.L. List of Assets and Encumbrances
    Attachment B - Societe Siranna S.A.R.L. Stock Option Plan
    Attachment C - Societe Siranna S.A.R.L. Incorporation Documents
    Attachment D - Societe Siranna S.A.R.L. Permits

2. PURCHASE AND SALE OF SHARES
   ---------------------------

2.1 Subject to the terms and conditions of this Agreement, the Seller will sell
and the Company will purchase the Seller's Shares, representing 97% of the
issued capital of Siranna, for 7,500,000 common shares of Savoy on the Closing
Date.

2.2  The Company will pay the Purchase Price as follows:

     (a)  by a total of 7,500,000 common shares of the Company ("the Purchase
          Shares") representing 34% of the Company's issued and outstanding and
          fully diluted total share capital on the Closing Date. The Purchase
          Shares shall be subject to a non-dilution term to expire in twelve
          (12) months from the date of this Agreement (the "Non-dilution Term").

                                      -2-
<PAGE>
                                                                   EXHIBIT 10.0

          (i)  Non-dilution Term;
               Should the Company issue any additional shares or share purchase
               options prior to the end of the Non-dilution Term, the Company
               shall provide to the Seller, additional common shares of the
               Company such that the Seller shall maintain a 34% interest in the
               fully diluted share capital of the Company.

2.3 The Seller's Shares will be transferred to the Company free and clear of all
security interests, liens, charges and encumbrances of any kind or nature
whatsoever, with the exception of the Permitted Encumbrances.

3. COVENANTS, REPRESENTATIONS AND WARRANTIES OF THE SELLER
   -------------------------------------------------------

3.1 The Seller covenants with and represents and warrants to the Company as
follows, and acknowledges that the Company is relying upon such covenants,
representations and warranties in connection with the execution of this
Agreement:

     (a)  the Seller is a businessman with residences in Canada, USA and the
          Czech Republic.

     (b)  The Seller has full power and authority to enter into this Agreement
          and to complete the sale of the Seller's Shares in accordance with
          this Agreement.

     (c)  This Agreement has been duly authorized, validly executed and
          delivered by the Seller.

     (d)  The Seller's Shares are owned by the Seller as the legal and
          beneficial owner with a good and marketable title thereto, free and
          clear of all mortgages, liens, charges, security interests, adverse
          claims, pledges, encumbrances and demands whatsoever.

     (e)  With the exception of the Permitted Encumbrances, the Assets are owned
          by Siranna, as the legal and beneficial owner with a good and
          marketable title thereto, free and clear of all mortgages, liens,
          charges, security interests, adverse claims, pledges, encumbrances and
          demands whatsoever.

     (f)  The Seller has no indebtedness to any person, firm or corporation,
          which is capable by operation of law, instrument or otherwise, of
          constituting a lien, charge, security interest or encumbrance against
          any of the Seller's Shares.

     (g)  Siranna has no indebtedness to any person, firm or corporation which
          is capable by operation of law, instrument or otherwise, of
          constituting a lien, charge, security interest or encumbrance against
          any of the Assets, except for the Permitted Encumbrances.

     (h)  The entering into of this Agreement and the consummation of the
          transactions contemplated hereby will not result in the violation of
          any term or of any indenture, instrument or agreement, written or
          oral, to which the Seller may be a party.

                                      -3-
<PAGE>
                                                                   EXHIBIT 10.0

     (i)  The entering into of this Agreement and the consummation of the
          transactions contemplated hereby will not result in the violation of
          any term or of any indenture, instrument or agreement, written or
          oral, to which Siranna may be a party.

     (j)  There are no actions, suits or proceedings pending or threatened
          against or affecting the Seller or affecting the Seller's Shares, at
          law or in equity, or before or by any federal, provincial, state,
          municipal or other governmental department, commission, board, bureau,
          agency or instrumentality, domestic or foreign.

     (k)  There are no actions, suits or proceedings pending or threatened
          against or affecting Siranna or affecting the Assets, at law or in
          equity, or before or by any federal, provincial, state, municipal or
          other governmental department, commission, board, bureau, agency or
          instrumentality, domestic or foreign.

     (l)  No person other than the Seller has any beneficial or legal interest
          in the Seller's Shares or Assets, with the exception of the Permitted
          Encumbrances.

     (m)  The Seller's Shares are in good standing now and shall be so on the
          Closing Date.

     (n)  The Assets are in good standing now and shall be so on the Closing
          Date.

     (o)  The Seller has made full disclosure to the Company of all aspects of
          Siranna and the Assets and has made all of its books and records
          available to the representatives of the Company in order to assist the
          Company in the performance of its due diligence searches and no
          material facts in relation to the Assets have been concealed by the
          Seller.

3.2 The representations and warranties contained herein, and agreements
contained herein, and in any certificates or documents delivered in connection
with the transactions contemplated hereby shall be true at and as of the Closing
as though such representations, warranties and agreements were made at and as of
the Closing and shall survive the Closing.

3.3 The Seller acknowledges and agrees that the Company has entered into this
Agreement relying on the warranties and representations and other terms and
conditions of this Agreement notwithstanding any independent searches or
investigations that may be undertaken by or on behalf of the Company and that no
information which is now known or should be known or which may hereafter become
known to the Company or its officers, directors or professional advisors shall
limit or extinguish the right to indemnity hereunder.

                                      -4-
<PAGE>
                                                                   EXHIBIT 10.0

4. COVENANTS, REPRESENTATIONS AND WARRANTIES OF THE COMPANY
   --------------------------------------------------------

4.1 The Company covenants with and represents and warrants to the Seller and
acknowledges that the Seller is relying upon such covenants, representations and
warranties in entering into this Agreement:

     (a) The Company:

          (i)  has been duly incorporated and organized, is validly existing and
               is in good standing under the laws of the State of Colorado;

          (ii) The sole director is Andrew N. Peterie, Sr.;

          (iii) is duly qualified as a corporation to do business and is in good
               standing with respect thereto in each jurisdiction in which the
               nature of its business or the property owned or leased by it
               makes such qualification necessary;

          (iv) has no debt;

          (v)  has 5,090,333 common shares issued. Additionally the Company
               contemplates the issuance of 9,000,000 share purchase options.
               There are no other classes of shares issued.

     (b)  This agreement has been duly authorized, validly executed and
          delivered by the Company.

     (c)  The Company has full power and authority to enter into this Agreement
          and to perform its obligations hereunder.

     (d)  The entering into of this Agreement and the consummation of the
          transactions contemplated hereby will not result in the violation of
          any term or of any indenture, instrument or agreement, written or
          oral, to which the Company may be a party.

     (e)  There are no actions, suits or proceedings pending or threatened
          against or affecting the Company, at law or in equity, or before or by
          any federal, provincial, state, municipal or other governmental
          department, commission, board, bureau, agency or instrumentality,
          domestic or foreign, and the Company is not aware of any existing
          ground on which any such action, suit or proceeding might be commenced
          with any reasonable likelihood of success.

     (f)  The Company has made full disclosure to the Seller of all aspects of
          the Company and has made all of its books and records available to the
          representatives of the Company in order to assist the Seller in the
          performance of its due diligence searches and no material facts have
          been concealed by the Company.

                                      -5-
<PAGE>
                                                                   EXHIBIT 10.0

4.2 The representations and warranties contained herein, and agreements
contained herein, and in any certificates or documents delivered in connection
with the transactions contemplated hereby shall be true at and as of the Closing
as though such representations, warranties and agreements were made at and as of
the Closing and shall survive the Closing. The purchase and sale herein
contemplated and any reorganization, amalgamation, sale or transfer of the
Company shall continue in full force and effect except to the extent expressly
waived in writing.

4.3 The Company acknowledges and agrees that the Seller has entered into this
Agreement relying on the warranties and representations and other terms and
conditions of this Agreement notwithstanding any independent searches or
investigations that may be undertaken by or on behalf of the Seller and that no
information which is now known or should be known or which may hereafter become
known to the Seller or its professional advisors shall limit or extinguish the
right to indemnity hereunder.

5. COVENANTS OF THE SELLER AND THE COMPANY PENDING CLOSING

5.1 The Seller will, from the date of this Agreement to the Closing Date:

     (a)  maintain the Seller's Shares in good condition;

     (b)  obtain any consents and agreements as are necessary or required in
          order to permit the sale, transfer and assignment of all of the right,
          title and interest of the Seller's Shares from the Seller to the
          Company in accordance with the terms of this Agreement.

5.2 From the date of this Agreement to the Closing Date or to the date of
termination of this Agreement, whichever occurs earlier, the Seller will not,
without the prior consent in writing of the Company:

     (a)  sell or otherwise dispose of any of the Seller's Shares;

     (b)  enter into any contract or assume or incur any liability relating to
          or in any way affecting the Seller's Shares except in the ordinary
          course of business and which is not material;

     (c)  pursue, enter into or negotiate any agreements, understandings or
          arrangements of any manner whatsoever with any party concerning the
          Assets, other than in the ordinary course of business.

6. CONDITIONS OF CLOSING
   ---------------------

6.1 All obligations of the Company under this Agreement are subject to the
fulfillment, at or prior to the Closing Date, of the following conditions:

                                      -6-
<PAGE>
                                                                   EXHIBIT 10.0

     (a)  the representations and warranties of the Seller in this Agreement or
          in any Attachment hereto or certificate or other document delivered to
          the Company pursuant hereto shall be true and correct as of the
          Closing Date;

     (b)  the Seller will have made the closing deliveries contemplated by this
          Agreement;

     (c)  at the Closing Date there shall have been no materially adverse change
          to the Seller's Shares or the Assets;

     (d)  the Seller will have obtained any consents and approvals which are
          required to transfer the Seller's Shares to the Company in accordance
          with the terms and conditions of this Agreement.

     (e)  For the two-year period after the Closing Date, there shall be no
          reverse split, consolidation or combination of the outstanding common
          shares or any reorganization, recapitalization, merger or other action
          whatsoever that has the effect of changing the number of outstanding
          common shares into a smaller number of common shares (the "Reverse
          Split"), whether by action of the Board of Directors or shareholders
          or by consent, of the Company or any successor company. In the event
          that this covenant is breached, the breach shall trigger a grant by
          the Company of an immediate mandatory dividend to each shareholder of
          record as of the Closing Date, for each share owned after the Reverse
          Split, of a number of shares inversely proportional to the amount of
          the Reverse Split. This provision shall be adopted as a "poison pill"
          resolution by the Board of Directors concurrent with Closing and shall
          be irrevocable.

     (f)  As soon as practicable after the Closing Date, the Company shall
          effect a forward split in its outstanding common shares on the basis
          of two shares for each one share outstanding on the record date. In
          the event that this covenant is breached, the breach shall trigger a
          grant by the Company of an immediate mandatory dividend to each
          shareholder of record as of the Closing Date of two shares for each
          one share owned on the Closing Date. This provision shall be adopted
          as a resolution by the Board of Directors concurrent with Closing and
          shall be irrevocable.

6.2 The obligation of the Seller to transfer the Seller's Shares to the Company
on the Closing Date is subject to the fulfillment, at or prior to the Closing
Date, of the following conditions:

     (a)  the representations and warranties of the Company in this Agreement or
          in any Attachment hereto or certificate or other document delivered by
          the Company pursuant hereto shall be true and correct as of the
          Closing Date;

     (b)  the Company shall have completed or be able to complete on the Closing
          Date those acts required to have been done in contemplation of closing
          as set out in this Agreement prior to or on the Closing Date.

                                      -7-
<PAGE>
                                                                   EXHIBIT 10.0

6.3 In the event any of the foregoing conditions contained in Section 6.1 hereof
are not fulfilled or performed at or before the Closing Date, the Company will
not be obligated to transfer the Purchase Shares to the Seller on the Closing
Date.

6.4 In the event any of the foregoing conditions contained in Section 6.2 hereof
are not fulfilled or performed at or before the Closing Date, the Seller will
not be obligated to transfer the Seller's Shares to the Company on the Closing
Date.

7. CLOSING ARRANGEMENTS

7.1 The closing shall take place on the Closing Date at the offices of the
Company's solicitors (the "Closing") or any other location mutually agreed upon.

7.2 On the Closing Date, the Seller will deliver to the Company:

     (a)  a general conveyance of the Seller's Shares to the Company and all
          other deeds of conveyance, bills of sale, transfer and assignments,
          duly executed, in form and content satisfactory to the Company's
          solicitors appropriate to effectively vest good and marketable title
          to the Seller's Shares into the name of the Company free and clear of
          all encumbrances, and immediately registerable in all places where
          registration is necessary or desirable to effect the valid transfer of
          the Business and the Assets to the Company;

7.3 At the Closing, the Company will deliver to the Seller:

     (a)  share certificates of 7,500,000 common shares or 34% of the share
          capital of the Company, whichever is greater.

     (b)  A certified copy of a resolutions of the director of the Company
          approving:

          (i)  the execution of this Agreement; and

          (ii) the purchase of the Seller's Shares.

     (c)  A certified copy of a resolution of the director of the Company
          appointing Floyd Wandler, Clint Sharples and Philip Taff as directors
          of the Company together with a letter of resignation of the director
          from the positions of director, President, Secretary and Treasurer of
          the Company.;

8. INDEMNIFICATION
   ---------------

8.1 The Seller will indemnify and save harmless the Company from and against any
and all losses, claims, damages (including lost profits, consequential damages,
interest, penalties, fines and monetary sanctions), liabilities and costs
incurred or suffered by the Company by reason of, or resulting from, in
connection with or arising in any manner whatsoever out of the breach of any
warranty or the inaccuracy of any representation of the Seller contained or
referred to in this Agreement or in any agreement, instrument or document
delivered by or on behalf of the Seller in connection with this Agreement.

                                      -8-
<PAGE>
                                                                   EXHIBIT 10.0

8.2 The Company will indemnify and save harmless the Seller from and against any
and all losses, claims, damages (including lost profits, consequential damages,
interest, penalties, fines and monetary sanctions), liabilities and costs
incurred or suffered by the Seller by reason of, or resulting from, in
connection with or arising in any manner whatsoever out of the breach of any
warranty or the inaccuracy of any representation of the Company contained or
referred to in this Agreement or in any agreement, instrument or document
delivered by or on behalf of the Company in connection with this Agreement.

9. TAXES
   -----

9.1 All taxes payable arising out of the transactions contemplated by this
Agreement shall be paid by the Company.

9.2 The Seller and the Company shall jointly elect to have any available
elections that would result in non payment or deferral of applicable sales,
goods and services taxes or other transfer taxes, other than income taxes, apply
to the transfer of the assets. Such election shall be in the prescribed form and
shall be filed in a timely fashion with the return of the Seller for the
reporting period in which the transfer occurs.

10. GENERAL PROVISIONS
    ------------------

10.1  Time shall be of the essence of this Agreement.

10.2 The Assets shall remain at the risk of the Seller at all times prior to the
Closing Date.

10.3 The parties shall execute and deliver such further documents and
instruments and do all such acts and things as may be reasonably necessary or
requisite to carry out the full intent and meaning of this Agreement and to
effect the transactions contemplated by this Agreement.

10.4 This Agreement shall inure to the benefit of and be binding upon the Seller
and the Company and, as applicable, their heirs, executors, administrators,
successors and assigns.

10.5 Unless otherwise specifically provided herein, the parties will pay their
respective legal, accounting and other professional fees and expenses, including
goods and services taxes on such fees and expenses.

10.6 This Agreement contains the whole agreement between the parties hereto in
respect of the subject matter of this Agreement and there are no warranties,
representations, terms, conditions or collateral agreements expressed, implied
or statutory, other than as expressly set forth in this Agreement.

                                      -9-
<PAGE>
                                                                   EXHIBIT 10.0

10.7 Any notice to be given under this Agreement shall be duly and properly
given if made in writing and by delivering or telecopying the same to the
addressee at the address as set out on page one of this Agreement. Any notice
given as aforesaid shall be deemed to have been given or made on, if delivered,
the date on which it was delivered or, if telecopied, on the next business day
after it was telecopied. Any party hereto may change its address for notice from
time to time by notice given to the other parties hereto in accordance with the
foregoing.

10.8 This Agreement may be executed in one or more counterparts, each of which
so executed shall constitute an original and all of which together shall
constitute one and the same agreement.

10.9 This Agreement shall be construed and enforced in accordance with, and the
rights of the parties shall be governed by, the laws of the State of Colorado,
and each of the parties hereto irrevocably consents to the jurisdiction of the
Courts of the State of Colorado.

IN WITNESS WHEREOF the parties hereto have executed this agreement as of the day
and year first above written.

Savoy Capital Investments, Inc.
a Colorado corporation
by its authorized signatory:
                      per

/s/ Andrew N. Peterie Sr.
-------------------------
Signature of Authorized Signatory

Andrew N. Peterie, Sr., President
---------------------------------
Name and Position of Authorized Signatory

Geoffrey Armstrong
        per
/s/ Geoffrey Armstrong.
-----------------------
Signature

Geoffrey Armstrong
------------------
Name

                                      -10-
<PAGE>
                                                                   EXHIBIT 10.0

ATTACHMENTS

Attachment A - Societe Siranna S.A.R.L. List of Assets and Encumbrances
Attachment B - Societe Siranna S.A.R.L. Stock Option Plan & Amended Stock
               Option Plan
Attachment C - Societe Siranna S.A.R.L. Incorporation Documents
Attachment D - Societe Siranna S.A.R.L. Permits

                                      -11-
<PAGE>
                                                                   EXHIBIT 10.0

                     Attachment A - Societe Siranna S.A.R.L.
                         List of Assets and Encumbrances

                                  ATTACHMENT A
                                  ------------

Assets
------

1. Mining Exploitation Permit No. 1308 (Map 31) representing the ownership title
and forty (40) year mining exploitation rights to two gem-mining perimeters
(properties) totaling 12.5 square kilometers in the Diego district of the
Republic of Madagascar. Permits issued on February 27, 2003 and expires February
26, 2043. Renewable for an additional period of eighty (80) years in blocks of
twenty (20) years.

Encumbrances
------------

1.   A 3% non-royalty interest is held by Jean Bruno Besy Andriamanolo, a
     Madagascar resident and the Gerant (General Manager) of Societe Siranna as
     required by Madagascar law.

2.   The following options to purchase stock in Siranna have been granted;

     Name         Jean Bruno Besy Andriamanolo
     Shares       2,000,000 common shares
                  Logement n(degree) 2,
                  Cite Grand Pavois,
                  Antsiranana, Madagascar

     Name         Pacific Gems Trading Company
     Shares       4,500,000 common shares
     Address      435 Martin Drive #3090
                  Blaine, WA USA 98230

     Name         Therese Ramond
     Shares       1,000,000 common shares
     Address      11 Pinner Court, Warncliff Gardens
                  24 St. Johns Wood Road
                  London UK  NW88UH

     Name         Kayleigh Williams
     Shares       1,000,000 common shares
     Address      Varos Vari-UT-15 H-1035
                  Budapest, Hungary

                                      -12-
<PAGE>
                                                                   EXHIBIT 10.0

     Name         Chinaquantum Investments Ltd.
                  Weiguo Lang
     Shares       500,000 common shares
     Address      A22, 22nd Floor. Linda Building
                  8 East Tucheng Road
                  Beijing, China 100013

     Name         Devlin Jensen
     Shares       300,000 common shares
     Address      Suite 2550, 555 West Hastings Street
                  Vancouver, BC, Canada, V6B 4N5

                                      -13-
<PAGE>
                                                                   EXHIBIT 10.0

                                  Attachment B
                            Societe Siranna S.A.R.L.
                                Stock Option Plan

                             2002 STOCK OPTION PLAN

SOCIETE SIRANNA S.A.R.L., a Madagascar incorporated company (the "Company")
adopts this stock option plan (the "Plan") in consideration of services rendered
and to be rendered by Company personnel its subsidiaries and affiliates.

1. GRANT OF AWARDS GENERALLY

In accordance with the provisions hereinafter set forth in this stock option
plan, the name of which is the SOCIETE SIRANNA S.A.R.L. STOCK OPTION PLAN (the
"Plan"), the Shareholders or, the Compensation Committee (the "Committee") of
SOCIETE SIRANNA S.A.R.L (the "Company") is hereby authorized to issue from time
to time on the Corporation's behalf to any one or more Eligible Persons, as
hereinafter defined, Awards to acquire shares of the Company's common stock (the
"Stock").

2. TYPE OF AWARDS

     (a)  The Company is authorized under this Plan to enter into any type of
          arrangement with a Participant that is not inconsistent with the
          provisions of this Plan and that, by its terms, involves or might
          involve the issuance of shares of Stock with an exercise or conversion
          privilege at a price related to the Stock or with a value derived from
          the value of the Stock. The entering into of any such arrangement is
          referred to herein as the "grant" of an "Award".

     (b)  Awards are not restricted to any specified form or structure and may
          include, without limitation, sales or bonuses of stock, restricted
          stock, stock options reload stock options, stock purchase warrants,
          other rights to acquire stock, securities convertible into or
          redeemable for stock, stock appreciation rights, limited stock
          appreciation rights, phantom stock, dividend equivalents, performance
          units or performance shares, and an Award may consist of one such
          security or benefit, or two or more of them in tandem or in the
          alternative.

     (c)  Stock may be issued pursuant to an Award for any lawful consideration
          as determined by the Company, including, without limitation, services
          rendered by the recipient of such Award.

3. AMOUNT OF STOCK

     The aggregate number of shares of Stock, which may be purchased pursuant to
     the exercise of Awards, shall be 9,000,000 shares of Stock. If an Award
     ceases to be exercisable, in whole or in part, the shares of Stock
     underlying such option shall continue to be available under this Plan.
     Further, if shares of Stock are delivered to the Company as payment for
     shares of Stock purchased by the exercise of an Award granted under this
     Plan, such shares of Stock shall also be available under this Plan. If
     there is any change in the number of shares of Stock on account of the
     declaration of stock dividends, recapitalization resulting in stock
     split-ups, or combinations or exchanges of shares of Stock, or otherwise,
     the number of shares of Stock available for purchase upon the exercise of
     Awards, the shares of Stock subject to any Award and the exercise price of
     any outstanding Awards shall be appropriately adjusted by the Company. The
     Company shall give notice of any adjustments to each Eligible Person
     granted an Award under this Plan, and such adjustments shall be effective
     and binding on all Eligible Persons. If because of one or more
     recapitalizations, reorganizations or other corporate events, the holders
     of outstanding Stock receive something other than shares of Stock then,
     upon exercise of an Award, the Eligible Person will receive what the holder
     would have owned if the holder had exercised the Award immediately before
     the first such corporate event and not disposed of anything the holder
     received as a result of the corporate event.

                                      -14-
<PAGE>
                                                                   EXHIBIT 10.0

4. ELIGIBLE PERSONS

     An Eligible Person means:

     (a)  any individual who has been employed by the Company or by any
          subsidiary of the Company for a continuous period of at least 30 days;

     (b)  any director of the Company or any subsidiary of the Company;

     (c)  any member of the Company's advisory board or of any of the Company's
          subsidiary(ies), or;

     (d)  any consultant of the Company or by any subsidiary of the Company.

5. GRANT OF AWARDS

     The Company has the right to issue the Awards established by this Plan to
     Eligible Persons. The Company shall follow the procedures prescribed for it
     elsewhere in this Plan. A grant of Awards shall be set forth in a writing
     signed by an officer of the Company. The writing shall set forth the terms,
     which govern the Awards. The terms shall be determined by the Company, and
     may include, among other terms, the number of shares of Stock that may be
     acquired pursuant to the exercise of the Awards, when the Awards may be
     exercised, the period for which the Award is granted and the expiration
     date, the effect on the Awards if the Eligible Person terminates
     employment, and whether the Eligible Person may deliver shares of Stock to
     pay for the shares of Stock to be purchased by the exercise of the Award.
     However, no term shall be set forth in the writing which is inconsistent
     with any of the terms of this Plan. The terms of an Award granted to an
     Eligible Person may differ from the terms of an Award granted to another
     Eligible Person, and may differ from the terms of an earlier Option granted
     to the same Eligible Person.

6.  EXERCISE PRICE

     The exercise price per share shall be determined by the Company at the time
     any Award is granted, and shall be not less than the par value of one share
     of Stock on the date the Award is granted, as determined by the Company.

7.   PAYMENT OF EXERCISE PRICE

3.   Except as otherwise provided below, payment of the exercise price for the
     number of shares of Stock being purchased pursuant to any Award shall be
     made:

     (i)  in cash, by certified check, or bank draft;
     (ii) by tender to the Company of shares of Stock owned by the holder of the
          Award;
     (iii) by the assignment of the proceeds of a sale or loan with respect to
          some or all of the shares being acquired upon the exercise of the
          Award;
     (iv) by the holder of the Award's promissory note in a form approved by the
          Company;

                                      -15-
<PAGE>
                                                                   EXHIBIT 10.0

     (v)  by such other consideration as may be approved by the Company from
          time to time to the extent permitted by applicable law, or;

     (vi) by any combination thereof approved by the Company.

4.   The Company may at any time or from time to time, by adoption of or by
     amendment to the standard forms of Awards or by other means, grant Awards
     which do not permit all of the foregoing forms of consideration to be used
     in payment of the exercise price or which otherwise restrict one or more
     forms of consideration.

5.   Notwithstanding the foregoing, an Award may not be exercised by tender to
     the Company of shares of Stock to the extent such tender of Stock would
     constitute a violation of the provisions of any law, regulation or
     agreement restricting the redemption of the Company's stock. Unless
     otherwise provided by the Company, an Award may not be exercised by tender
     to the Company of shares of Stock unless such shares either have been owned
     by the holder for more than six (6) months or were not acquired, directly
     or indirectly, from the Company.

6.   the Company reserves, at any and all times, the right, in the Company's
     sole and absolute discretion, to establish, decline to approve or terminate
     any program or procedures for the exercise of Awards by means of a Cashless
     Exercise.

7.   No promissory note shall be permitted if the exercise of an Award using a
     promissory note would be a violation of any law. Any permitted promissory
     note shall be on such terms, as the Company shall determine. The Company
     shall have the authority to permit or require the Award holder to secure
     any promissory note used to exercise an Award with the shares of Stock
     acquired upon the exercise of the Award or with other collateral acceptable
     to the Company. Unless otherwise provided by the Company, if the Company at
     any time is subject to the regulations promulgated by any governmental
     entity affecting the extension of credit in connection with the Company's
     securities, any promissory note shall comply with such applicable
     regulations, and the Award holder shall pay the unpaid principal and
     accrued interest if any, to the extent necessary to comply with such
     applicable regulations.

     (e)  the Company shall have the right, but not the obligation, to deduct
          from the shares of Stock issuable upon the exercise of any Award
          Option, or to accept from the Award holder the tender of, a number of
          whole shares of Stock having a value, as determined by the Company,
          equal to all or any part of the federal, state, local and foreign
          taxes, if any, required by law to be withheld by the Company with
          respect to such Award or the shares acquired upon the exercise
          thereof. Alternatively or in addition, in its sole discretion, the
          Company shall have the right to require the Award holder, through
          payroll withholding, cash payment or otherwise, including by means of
          a Cashless Exercise, to make adequate provision for any such tax
          withholding obligations of the Company arising in connection with the
          Awards or the shares of Stock acquired upon the exercise thereof. The
          Company shall have no obligation to deliver share of Stock or to
          release shares of Stock from an escrow established pursuant to the
          Award until the Company's tax withholding obligations have been
          satisfied by the Award holder.

8. GRANT OF RELOAD OPTIONS

     In granting stock options under this Plan, the Company may, but shall not
     be obligated to, include a Reload Option provision therein, subject to the
     provisions set forth herein. A Reload Option provision provides that if the
     Eligible Person pays the exercise price of shares of Stock to be purchased
     by the exercise of an Award (the "Original Option") by delivering to the
     Company shares of Stock already owned by the Eligible Person (the "Tendered
     Shares"), the Eligible Person shall receive a Reload Option which shall be
     a new Option to purchase shares of Stock equal in number to the tendered
     shares. The terms of any Reload Option shall be determined by the Company
     consistent with the provisions of this Plan.

                                      -16-
<PAGE>
                                                                   EXHIBIT 10.0

9. COMMITTEE

     The Company may appoint a Stock Option Committee from time to time. The
     Company may from time to time remove members from or add members to the
     Committee. The Committee shall be constituted so as to permit the Plan to
     comply in all respects with the provisions set forth herein. The members of
     the Committee may elect one to its members as its chairman. The Committee
     shall hold its meetings at such time and places, as its chairman shall
     determine. A majority of the Committee's members present in person shall
     constitute a quorum for the transaction of business. All determinations of
     the Committee will be made by the majority vote of the members constituting
     the quorum. The members may participate in a meeting of the Committee by
     conference telephone or similar communications equipment by means of which
     all members participating in the meeting can hear each other. Participation
     in a meeting in that manner will constitute presence in person at the
     meeting. Any decision or determination reduced to writing and signed by all
     members of the Committee will be effective as if it had been made by a
     majority vote of all members of the Committee at a meeting, which is duly
     called and held.

10. ADMINISTRATION OF PLAN

     In addition to granting Awards and to exercising the authority granted to
     it elsewhere in this Plan, the Company is granted the full right and
     authority to interpret and construe the provisions of this Plan,
     promulgate, amend and rescind rules and procedures relating to the
     implementation of the Plan and to make all other determinations necessary
     or advisable for the administration of the Plan, consistent, however, with
     the intent of the Company that Awards granted or awarded pursuant to the
     Plan comply with the provisions herein. All determinations made by the
     Company shall be final, binding and conclusive on all persons including the
     Eligible Person, the Company and its stockholders, employees, officers and
     directors and consultants. No member of the Company will be liable for any
     act or omission in connection with the administration of this Plan unless
     it is attributable to that member's willful misconduct.

11. RESTRICTIONS ON ISSUANCE OF STOCK

     The Company may condition the exercise of an Award granted in accordance
     herewith upon receipt from the Eligible Person, or any other purchaser
     thereof, of a written representation that at the time of such exercise it
     is his or her then present intention to acquire the shares of Stock for
     investment and not with a view to, or for sale in connection with, any
     distribution thereof; except that, in the case of a legal representative of
     an Eligible Person, "distribution" shall be defined to exclude distribution
     by will or under the laws of descent and distribution or upon written
     consent of the Company following written instruction by the optionee.

12. EXERCISE IN THE EVENT OF DEATH OF TERMINATION OR EMPLOYMENT

     (a)  If an Award holder shall die while an employee of the Company or a
          Subsidiary or within three months after termination of his employment
          with the Company or a Subsidiary because of his disability, or
          retirement or otherwise, his Awards may be exercised, to the extent
          that the Award holder shall have been entitled to do so on the date of
          his death or such termination of employment by the person or persons
          to whom the Award holder's right under the Award pass by will or
          applicable law, or if no such person has such right, by his executors
          or administrators, at any time, or from time to time. In the event of
          termination of employment because of his death while an employee or
          because of disability, his Awards may be exercised not later than the
          expiration date specified in Paragraph 5 or one year after the Award
          holder's death, whichever date is earlier, or in the event of
          termination of employment because of retirement or otherwise, not
          later than the expiration date specified in Paragraph 5 hereof or one
          year after the Award holder's death, whichever date is earlier.

                                      -17-
<PAGE>
                                                                   EXHIBIT 10.0

     (b)  If an Award holder's employment by the Company or a Subsidiary shall
          terminate because of his disability and such Award holder has not died
          within the following three months, he may exercise his Awards, to the
          extent that he shall have been entitled to do so at the date of the
          termination of his employment, at any time, or from time to time, but
          not later than the expiration date specified in Paragraph 5 hereof or
          one year after termination of employment, whichever date is earlier.

     (c)  If an Award holder's employment shall terminate by reason of his
          retirement in accordance with the terms of the Company's retirement
          plans or with the consent of the Company or involuntarily other than
          by termination for cause, and such Award holder had not died within
          the following three months, he may exercise his Award to the extent he
          shall have been entitled to do so at the date of the termination of
          his employment, at any time and from time to time, but not later than
          the expiration date specified in Paragraph 5 hereof.

     (d)  If an Award holder's employment shall terminate for cause, all right
          to exercise his Awards shall terminate at the date of such termination
          of employment.

13. CORPORATE EVENTS

     In the event of the proposed dissolution or liquidation of the Company, a
     proposed sale of all or substantially all of the assets of the Company, a
     merger or tender for the Company's shares of Stock, the Company shall
     declare that each Award granted under this Plan shall continue.

14. NO GUARANTEE OF EMPLOYMENT

     Nothing in this Plan or in any writing granting an Award will confer upon
     any Eligible Person the right to continue in the employ of the Eligible
     Person's employer, or will interfere with or restrict in any way the right
     of the Eligible Person's employer to discharge such Eligible Person at any
     time for any reason whatsoever, with or without cause.

15. TRANSFERABILITY

     Awards granted under the Plan shall be transferable by will or by the laws
     of descent and distribution or upon written consent of the Company
     following written instruction by the optionee.

16. NO RIGHTS AS STOCKHOLDER

     No Award holder shall have any rights as a stockholder with respect to any
     shares subject to his Award prior to the date of issuance to him of a
     certificate or certificates for such shares.

                                      -18-
<PAGE>
                                                                   EXHIBIT 10.0

17. AMENDMENTS AND DISCONTINUANCE OF PLAN

     The Board may amend, suspend or discontinue this Plan at any time. However,
     no such action may prejudice the rights of any Eligible Person who has
     prior thereto been granted Awards under this Plan. Further, no amendment to
     this Plan, which has the effect of;

     (a)  increasing the aggregate number of shares of Stock subject to this
          Plan (except for adjustments pursuant to Paragraph 3 herein), or;

     (b)  changing the definition of Eligible Person under this Plan;

     may be effective unless and until approval of the stockholders of the
     Company is obtained in the same manner as approval of this Plan is
     required. The Board is authorized to seek the approval of the Company's
     stockholders for any other changes it proposes to make to this Plan which
     require such approval, however, the Board may modify the Plan as necessary,
     to effectuate the intent of the Plan as a result of any changes in the tax,
     accounting or securities laws treatment of Eligible Persons and the Plan,
     subject to the provisions set forth in this Paragraph 19, and Paragraphs 20
     and 21.

18. COMPLIANCE WITH OTHER LAWS AND REGULATIONS

     The Plan, the grant and exercise of Awards thereunder, and the obligation
     of the Company to sell and deliver Stock under such Awards, shall be
     subject to all applicable laws, rules, and regulations and to such
     approvals by any government or regulatory agency as may be required.
     Moreover, no option may be exercised if its exercise or the receipt of
     Stock pursuant thereto would be contrary to applicable laws.

19. DISPOSITION OF SHARES

     In the event any share of Stock acquired by an exercise of an Award granted
     under the Plan shall be transferable other than by will or by the laws of
     descent and distribution within two years of the date such Award was
     granted or within one year after the transfer of such Stock pursuant to
     such exercise, the Award holder shall give prompt written notice thereof to
     the Company.

20. NAME

     The Plan shall be known as the "Societe Siranna Stock Option Plan."

21. NOTICES

     Any notice hereunder shall be in writing and sent by certified mail, return
     receipt requested or by facsimile transmission (with electronic or written
     confirmation of receipt) and when addressed to the Company shall be sent to
     it at its office, Logement n(degree) 2, Cite Grand Pavois, Antsiranana,
     Madagascar, or to the location described by Mr. Geoffrey Armstrong, subject
     to the right of either party to designate at any time hereafter in writing
     some other address, facsimile number or person to whose attention such
     notice shall be sent.

                                      -19-
<PAGE>
                                                                   EXHIBIT 10.0

22. HEADINGS

     The headings preceding the text of Sections and subparagraphs hereof are
     inserted solely for convenience of reference, and shall not constitute a
     part of this Plan nor shall they affect its meaning, construction or
     effect.

23. EFFECTIVE DATE

     The shareholders adopted the Plan, on October 1, 2002.

     The effective date of the Plan shall be the date on which the Plan was
     approved by the stockholders of the Company.

         Dated as of October 1, 2002

         SOCIETE SIRANNA S.A.R.L.

         By: /s/ G. Armstrong
             -------------------------------
                  G. J. Armstrong, President

                                      -20-

<PAGE>
                                                                   EXHIBIT 10.0

                            SOCIETE SIRANNA S.A.R.L.
                                     Amended
                                STOCK OPTION PLAN
                                 December, 2003
                                 --------------

     This revised stock option plan, dated 22nd December 2003, (the "Plan") is
adopted in consideration of services rendered and to be rendered by key
personnel to Societe Siranna S.A.R.L., its subsidiaries and affiliates.

1.   Definitions.

     The terms used in this Plan shall, unless otherwise indicated or required
by the particular context, have the following meanings:

         Board:               The Board of Directors of Societe Siranna S.A.R.L.
         -----

         Common Stock:        The common stock of Societe Siranna S.A.R.L.
         ------------

         Company:             Societe Siranna S.A.R.L a Company
                              incorporated under the laws of the Republic
                              of Madagascar and any successors in interest
                              by merger, operation of law, assignment or
                              purchase of all or substantially all of the
                              property, assets or business of the Company.

         Date of Grant:       The date on which an Option (see herein below)
         -------------        is granted under the Plan.

         Fair Market Value:   The Fair Market  Value of the Option  Shares.
         -----------------    Such Fair Market Value as of any date shall be
                              reasonably determined by the Board

         Incentive Stock
         Option:              An Option as  described  in Section 9 herein
         ------               below intended to qualify under section 422 of the
                              United States Internal Revenue Code of 1986,
                              as amended.

         Key Person:          A person designated by the Board
         -----------          upon whose judgment, initiative and efforts
                              the Company or a Related Company may rely,
                              who shall include any Director, Officer,
                              employee or consultant of the Company. A Key
                              Person may include a corporation that is
                              wholly owned or controlled by a Key Person
                              who is eligible for an Option grant.

         Option:              The rights granted to a Key Person to
         -------              purchase Common Stock pursuant to the terms
                              and conditions of an Option Agreement (see
                              herein below).

         Option  Agreement:   The written agreement (and any
         ------------------   amendment or supplement thereto) between the
                              Company and a Key Person designating the
                              terms and conditions of an Option.

                                      -21-
<PAGE>
                                                                   EXHIBIT 10.0

         Option Shares:       The shares of Common Stock underlying an Option
         -------------        granted to a key person.

         Optionee:            A Key Person who has been granted an Option.
         --------

         Related Company:     Any subsidiary or affiliate of the
         ---------------      Company or of any subsidiary of the Company.
                              The determination of whether a corporation
                              is a Related Company shall be made without
                              regard to whether the entity or the
                              relationship between the entity and the
                              Company now exists or comes into existence
                              hereafter.

2.   Purpose and Scope.
     -----------------

     (a)  The purpose of the Plan is to advance the interests of the Company and
          its stockholders by affording Key Persons, upon whose judgment,
          initiative and efforts the Company may rely for the successful conduct
          of their businesses an opportunity for investment in the Company and
          the incentive advantages inherent in stock ownership in the Company.

     (b)  This Plan authorizes the Board to grant Options to purchase shares of
          Common Stock to Key Persons selected by the Board while considering
          criteria such as employment position or other relationship with the
          Company, duties and responsibilities, ability, productivity, length of
          service or association, morale, interest in the Company,
          recommendations by supervisors and other matters.

3.   Administration of the Plan.
     --------------------------

     The Plan shall be administered by the Board. The Board shall have the
authority granted to it under this section and under each other section of the
Plan.

     In accordance with and subject to the provisions of the Plan, the Board is
hereby authorized to provide for the granting, vesting, exercise and method of
exercise of any Options all on such terms (which may vary between Options and
Optionees granted from time to time) as the Board shall determine. In addition,
and without limiting the generality of the foregoing, the Board shall select the
Optionees and shall determine:

     (i)  the number of shares of Common Stock to be subject to each Option;

     (ii) the time at which each Option is to be granted;

     (iii) the purchase price for the Option Shares;

     (iv) the Option period; and

     (v)  the manner in which the Option becomes exercisable or terminated. In
          addition, the Board shall fix such other terms of each Option as it
          may deem necessary or desirable. The Board may determine the form of
          Option Agreement to evidence each Option.

     The Board from time to time may adopt such rules and regulations for
carrying out the purposes of the Plan as it may deem proper and in the best
interests of the Company subject to the rules and policies of any exchange or
over-the-counter market which is applicable to the Company.

                                      -22-
<PAGE>
                                                                   EXHIBIT 10.0

     The Board may from time to time make such changes in and additions to the
Plan as it may deem proper, subject to the compliance of the regulatory body
which is applicable to the Company, and in the best interests of the Company;
provided, however, that no such change or addition shall impair any Option
previously granted under the Plan. If the shares are not listed on any exchange,
then such compliance is not necessary.

     Each determination, interpretation or other action made or taken by the
Board shall be final, conclusive and binding on all persons, including without
limitation, the Company, the stockholders, directors, officers and employees of
the Company and the Related Companies, and the Optionees and their respective
successors in interest.

4.   The Common Stock.
     ----------------

     Save and except as may be determined by the Board at a duly constituted
meeting of the Board as set forth herein below, the Board is presently
authorized to appropriate, grant Options, issue and sell for the purposes of the
Plan, a total number of shares of the Company's Common Stock not to exceed
9,300,000, or the number and kind of shares of Common Stock or other securities
which in accordance with Section 10 shall be substituted for the shares or into
which such shares shall be adjusted. Save and except as may otherwise be
determined by the disinterested approval of the shareholders of the Company at
any duly called meeting of the shareholders of the Company, at any duly
constituted Board meeting the Board may determine that the total number of
shares of the Company's Common Stock which may be reserved for issuance for
Options granted and to be granted under this Plan, from time to time, may be to
the maximum extent of up to 100% of the Company's issued and outstanding Common
Stock as at the date of any such meeting of the Board. In this regard, and
subject to the prior disinterested approval of the shareholders of the Company
at any duly called meeting of the shareholders of the Company, the total number
of shares of the Company's Common Stock which may be reserved for issuance for
Options granted and to be granted under this Plan, from time to time, may be
increased to greater than 100% of the Company's issued and outstanding Common
Stock as at the date of notice of any such meeting of the shareholders of the
Company whereat such disinterested shareholders' approval is sought and obtained
by the Company. All or any unissued shares subject to an Option that for any
reason expires or otherwise terminates may again be made subject to Options
under the Plan.

5.   Eligibility.
     -----------

     Options will be granted only to Key Persons. Key Persons may hold more than
one Option under the Plan and may hold Options under the Plan and options
granted pursuant to other plans or otherwise.

6.   Option Price and Number of Option Shares.
     ----------------------------------------

     The Board shall, at the time an Option is granted under this Plan, fix and
determine the exercise price at which Option Shares may be acquired upon the
exercise of such Option; provided, however, that any such exercise price shall
not be less than that, from time to time, permitted under the rules and policies
of any exchange or over-the-counter market which is applicable to the Company.

                                      -23-
<PAGE>
                                                                   EXHIBIT 10.0

     The number of Option Shares that may be acquired under an Option granted to
an Optionee under this Plan shall be determined by the Board as at the time the
Option is granted.

7.   Duration, Vesting and Exercise of Options.
     -----------------------------------------

     (a)  The option period shall commence on the Date of Grant and shall be up
          to 3 years in length subject to the limitations in this Section 7 and
          the Option Agreement.

     (b)  During the lifetime of the Optionee the Option shall be exercisable
          only by the Optionee. Subject to the limitations in paragraph (a)
          hereinabove, any Option held by an Optionee at the time of his death
          may be exercised by his estate within one year of his death or such
          longer period as the Board may determine.

     (c)  The Board may determine whether an Option shall be exercisable at any
          time during the option period as provided in paragraph (a) of this
          Section 7 or whether the Option shall be exercisable in installments
          or by vesting only. If the Board determines the latter it shall
          determine the number of installments or vesting provisions and the
          percentage of the Option exercisable at each installment or vesting
          date. In addition, all such installments or vesting shall be
          cumulative. In this regard the Company will be subject, at all times,
          to any rules and policies of any exchange or over-the-counter market
          which is applicable to the Company and respecting any such required
          installment or vesting provisions for certain or all Optionees.

     (d)  In the case of an Optionee who is a director or officer of the Company
          or a Related Company, if, for any reason (other than death or removal
          by the Company or a Related Company), the Optionee ceases to serve in
          that position for either the Company or a Related Company, any option
          held by the Optionee at the time such position ceases or terminates
          may, at the sole discretion of the Board, be exercised within up to 90
          calendar days after the effective date that his position ceases or
          terminates (subject to the limitations at paragraph (a) hereinabove),
          but only to the extent that the option was exercisable according to
          its terms on the date the Optionee's position ceased or terminated.
          After such 90-day period any unexercised portion of an Option shall
          expire.

     (e)  In the case of an Optionee who is an employee or consultant of the
          Company or a Related Company, if, for any reason (other than death or
          termination for cause by the Company or a Related Company), the
          Optionee ceases to be employed by either the Company or a Related
          Company, any option held by the Optionee at the time his employment
          ceases or terminates may, at the sole discretion of the Board, be
          exercised within up to 60 calendar days after the effective date that
          his employment ceased or terminated that being up to 60 calendar days
          from the date that, having previously provided to or received from the
          Company a notice of such cessation or termination, as the case may be,
          the cessation or termination becomes effective; and subject to the
          limitations at paragraph (a) hereinabove, but only to the extent that
          the option was exercisable according to its terms on the date the
          Optionee's employment ceased or terminated. After such 60-day period
          any unexercised portion of an Option shall expire.

                                      -24-

<PAGE>
                                                                   EXHIBIT 10.0

     (f)  In the case of an Optionee who is an employee or consultant of the
          Company or a Related Company, if the Optionee's employment by the
          Company or a Related Company ceases due to the Company's termination
          of such Optionee's employment for cause, any unexercised portion of
          any Option held by the Optionee shall immediately expire. For this
          purpose "cause" shall mean conviction of a felony or continued
          failure, after notice, by the Optionee to perform fully and adequately
          the Optionee's duties.

     (g)  Neither the selection of any Key Person as an Optionee nor the
          granting of an Option to any Optionee under this Plan shall confer
          upon the Optionee any right to continue as a director, officer,
          employee or consultant of the Company or a Related Company, as the
          case may be, or be construed as a guarantee that the Optionee will
          continue as a director, officer, employee or consultant of the Company
          or a Related Company, as the case may be.

     (h)  Each Option shall be exercised in whole or in part by delivering to
          the office of the Treasurer of the Company written notice of the
          number of shares with respect to which the Option is to be exercised
          and by paying in full the purchase price for the Option Shares
          purchased as set forth in Section 8.

8.   Payment for Option Shares.
     -------------------------

     In the case of all Option exercises, the purchase price shall be paid in
cash or certified funds upon exercise of the Option.

9.   Incentive Stock Options.
     -----------------------

     (a)  The Board may, from time to time, and subject to the provisions of
          this Plan and such other terms and conditions as the Board may
          prescribe, grant to any Key Person who is an employee eligible to
          receive Options one or more Incentive Stock Options to purchase the
          number of shares of Common Stock allotted by the Board.

     (b)  The Option term of each Incentive Stock Option shall be determined by
          the Board and shall be set forth in the Option Agreement, provided
          that the Option term shall commence no sooner than from the Date of
          Grant and shall terminate no later than 3 years from the Date of Grant
          and shall be subject to possible early termination as set forth in
          Section 7 hereinabove.

10.  Changes in Common Stock, Adjustments, etc.
     -----------------------------------------

     In the event that each of the outstanding shares of Common Stock (other
than shares held by dissenting stockholders which are not changed or exchanged)
should be changed into, or exchanged for, a different number or kind of shares
of stock or other securities of the Company, or, if further changes or exchanges
of any stock or other securities into which the Common Stock shall have been
changed, or for which it shall have been exchanged, shall be made (whether by
reason of merger, consolidation, reorganization, recapitalization, stock
dividends, reclassification, split-up, combination of shares or otherwise), then
there shall be substituted for each share of Common Stock that is subject to the
Plan, the number and kind of shares of stock or other securities into which each
outstanding share of Common Stock (other than shares held by dissenting
stockholders which are not changed or exchanged) shall be so changed or for
which each outstanding share of Common Stock (other than shares held by
dissenting stockholders) shall be so changed or for which each such share shall
be exchanged. Any securities so substituted shall be subject to similar
successive adjustments.

                                      -25-
<PAGE>
                                                                   EXHIBIT 10.0

     In the event of any such changes or exchanges, the Board shall determine
whether, in order to prevent dilution or enlargement of rights, an adjustment
should be made in the number, kind, or option price of the shares or other
securities then subject to an Option or Options granted pursuant to the Plan and
the Board shall make any such adjustment, and such adjustments shall be made and
shall be effective and binding for all purposes of the Plan.

11.  Relationship of Employment.
     --------------------------

     Nothing contained in the Plan, or in any Option granted pursuant to the
Plan, shall confer upon any Optionee any right with respect to employment by the
Company, or interfere in any way with the right of the Company to terminate the
Optionee's employment or services at any time.

12.  Transferability of Option.
     -------------------------

     No Option granted under the Plan shall be transferable by the Optionee,
either voluntarily or involuntarily, except by will or the laws of descent and
distribution or by written consent of the Company following written request by
the Optionee, subject to applicable regulatory authority.

13.  Rights as a Stockholder.
     -----------------------

     No person shall have any rights as a stockholder with respect to any share
covered by an Option until that person shall become the holder of record of such
share and, except as provided in Section 10, no adjustments shall be made for
dividends or other distributions or other rights as to which there is an earlier
record date.

14.  Securities Laws Requirements.
     ----------------------------

     No Option Shares shall be issued unless and until, in the opinion of the
Company, any applicable registration requirements of the United States
Securities Act of 1933, as amended (the "U.S. Act"), any applicable listing
requirements of any securities exchange on which stock of the same class is then
listed, and any other requirements of law or of any regulatory bodies having
jurisdiction over such issuance and delivery, have been fully complied with.
Each Option and each Option Share certificate may be imprinted with legends
reflecting federal and state securities laws restrictions and conditions, and
the Company may comply therewith and issue "stop transfer" instructions to its
transfer agent and registrar in good faith without liability.

     In addition, the Company may not, except as otherwise directed by counsel
to the Company, register any Option Shares for resale under the U.S. Act or
under any other applicable securities legislation when the registration of any
such Option Shares may be contrary or inconsistent with the intent of any
provisions, rules or policies promulgated under the U.S. Act or any other
securities legislation applicable to any such Option Shares.

                                      -26-
<PAGE>
                                                                   EXHIBIT 10.0

15.  Disposition of Option Shares.
     ----------------------------

     Each Optionee, as a condition of exercise, shall represent, warrant and
agree, in a form of written certificate approved by the Company, as follows: (i)
that no Option Shares will be sold or otherwise distributed in violation of the
U.S. Act or any other applicable federal or state securities laws; (ii) that if
he is subject to reporting requirements under Section 16(a) of the United States
Securities Exchange Act of 1934, as amended, he will (a) furnish the Company
with a copy of each Form 4 filed by him and (b) timely file all reports required
under the federal securities laws.

16.  Effective Date of Plan; Termination Date of Plan.
     ------------------------------------------------

     The Plan shall be deemed effective as of December 22, 2003. The Plan shall
terminate at midnight on December 22, 2006 except as to Options previously
granted and outstanding under the Plan at the time. No Options shall be granted
after the date on which the Plan terminates. The Plan may be abandoned or
terminated at any earlier time by the Board, except with respect to any Options
then outstanding under the Plan.

17.  Other Provisions.
     ----------------

     The following provisions are also in effect under the Plan:

     (a)  the use of a masculine gender in the Plan shall also include within
          its meaning the feminine, and the singular may include the plural, and
          the plural may include the singular, unless the context clearly
          indicates to the contrary;

     (b)  any expenses of administering the Plan shall be borne by the Company;

     (c)  this Plan shall be construed to be in addition to any and all other
          compensation plans or programs. The adoption of the Plan by the Board
          shall not be construed as creating any limitations on the power or
          authority of the Board to adopt such other additional incentive or
          other compensation arrangements as the Board may deem necessary or
          desirable; and

     (d)  the validity, construction, interpretation, administration and effect
          of the Plan and of its rules and regulations, and the rights of any
          and all personnel having or claiming to have an interest therein or
          thereunder shall be governed by and determined exclusively and solely
          in accordance with the laws of the State of Colorado, U.S.A.

     This Plan is dated and made effective on this 22nd day of December, 2003.

                                      -27-
<PAGE>
                                                                   EXHIBIT 10.0

BY ORDER OF THE BOARD OF DIRECTORS OF
SOCIETE SIRANNA S.A.R.L

  /s/ Geoffrey J, Armstrong
---------------------------
President. Societe Siranna S.A.R.L

                                      -28-
<PAGE>
                                                                   EXHIBIT 10.0

                                  Attachment C
                            Societe Siranna S.A.R.L.
                             Incorporation Documents

The Language Bureau

TRANSLATION AGENCY DECLARATION
The document below is a translation of a source document in the French language
that was transmitted to the translator by mail, e-mail, fax or hand. The
translation was transmitted to this agency electronically and printed by us. We
hereby certify that we have reproduced the translator's work below and ensured
that the (each) translator was working from a true copy of the source document
attached. We may have re-formatted the document to achieve layout consistency
throughout or to conform more closely to the appearance of the source document.
We verily believe that the translation was made by the named translator(s)
without undue influence by any other person. We impress our seal on this
translation and the attached source document for identification. Filename: 415E
Articles of Societe Sirana Translator(s): Andrea Rankin, Certified Translator;
David Reed, Accredited Court Interpreter (final translation editor)

Date: 20 Feb 04     By:   /s/  T. Hobrough   for The Language Bureau, Vancouver.
                      --------------------
--------------------------------------------------------------------------------

                            ARTICLES OF INCORPORATION
                                "SOCIETE SIRANNA"

                              Business Corporation
                              --------------------
                          Share capital: 2 000 000 FMG

The undersigned,

Mr. BESY ANDRIAMANOLO Jean Bruno, born on May 8, 1966, at Ambilobe, son of
Besilamo Andriamiava Norbert, deceased, and Philomene Mazava, of Malagasy
nationality, holder of the identity card No. 101 221 039 884, dated October 31,
1984, issued in Antananarivo I, residing at Dwelling No. 2, Grand Pavois City,
Antsiranana;

Mr. Armstrong Geoffrey John, born on June 22, 1942, in Liverpool, England; son
of Frederick, deceased, and Anita, having Canadian citizenship; holder of
British passport No. 701035452, issued on July 7, 1994: in Ottawa, residing at
3240 East 58 Avenue, Vancouver, BC. Canada; electing domicile at Dwelling No. 2,
Grand Pavois City, Antsiranana;

Have established the following Articles of Incorporation between them:

                                    TITLE ONE
                      FORM - OBJECTS - FIRM NAME - DURATION
                                   HEAD OFFICE

ARTICLE 1: FORM
---------------
A Business Corporation, governed by the Act of March, 7, 1925 and these
articles, has been constituted between the undersigned.

                                      -29-
<PAGE>
                                                                   EXHIBIT 10.0

ARTICLE 2: OBJECTS
------------------
The Corporation has been designed to:
- search for, operate, and transform crude rocks, precious, semi-precious, and
industrial stones in Madagascar; - market and export mine products; - and
generally perform all industrial, commercial, or financial, movable or immovable
operations, that may be directly or indirectly incidental to the objects and to
all similar or common objects of the Company.

ARTICLE 3: CORPORATE NAME
-------------------------
The Corporation will be called "Societe Siranna".

ARTICLE 4: DURATION
-------------------
The duration of the Corporation will be of 99 years, starting on the date of
incorporation, except in cases of anticipated dissolution, or continuance
provided by these articles.

ARTICLE 5: HEAD OFFICE
----------------------
The Head Office shall be located at Dwelling No. 2, Grand Pavois City,
Antsiranana.

Management may move it to any other place as determined by a group decision
taken by the Partners in accordance with article 20 hereinafter.

                                    TITLE TWO
                  CONTRIBUTIONS - CAPITAL STOCK - COMMON SHARES

ARTICLE 6: CONTRIBUTIONS
------------------------
The Partners make the following contributions to the Corporation:

-Mr. BESY ANDRIAMANOLO Jean Bruno, the sum of.........................60,000 Fmg
-Mr. ARMSTRONG, Geoffrey John, the sum of......................... 1,940,000 Fmg
                                                                   -------------

                                     TOTAL CONTRIBUTIONS:          2,000,000 Fmg

ARTICLE 7: CAPITAL STOCK
------------------------
The capital stock is determined to be 2,000,000 FMG, divided in shares of 10,000
Fmg each, which are allotted such:

-Mr. BESY ANDRIAMANOLO Jean Bruno.......................................6 shares
-Mr. GEOFFREY ARMSTRONG...............................................194 shares
                                                                      ----------

                                                               TOTAL: 200 shares

                                      -30-
<PAGE>
                                                                   EXHIBIT 10.0

The undersigned declare explicitly that those shares were divided among
themselves in the proportion indicated above, corresponding to their respective
contribution, and they are fully paid up.

ARTICLE 8: CAPITAL INCREASE AND REDUCTION
-----------------------------------------
The capital can be increased once or several times by creating new shares
alloted in representation of contributions in kind or in cash, by incorporating
liquidity reserves, or by any other means, on the motion of the Manager or
Managers, and under the authority of the Partners' decision, taken within the
meaning of article 20 infra. Those shares must be totally paid up at the time of
their creation.

No public subscription may be open to that effect. The amount of capital
increase may be supplied only by the Partners. Third parties may be allowed to
share in this capital increase pursuant to the Partners' decision taken in
accordance with the provisions of article 20 infra.

The capital stock may also be reduced for any reason, especially by paying the
Partners off, redeeming shares or reducing the number of shares. All done within
the terms of Article 6 of the Act of March 7, 1925. This reduction may take
place on the recommendations of Management and following a Partners' decision
taken according to the provisions of Article 20 of these Articles of
Incorporation.

ARTICLE 9: DEPOSITS OF FUNDS BY THE PARTNERS
--------------------------------------------
Each Partner may deposit funds in a current account of the Company. Those funds
may earn interest.

ARTICLE 10: REPRESENTATION OF THE CAPITAL STOCK
-----------------------------------------------
The shares cannot be represented by negotiable instruments, security in
registered form issued or payable to the holder.

Each Partner's certificate of shares shall arise only from these Articles of
Incorporation, subsequent acts, which could modify the capital stock, and acts
which would consist of duly approved assignments.

A copy or certificate of these acts may be delivered to each Partner upon his
request and at his expense.

ARTICLE 11: SHARES INDIVISIBILITY
---------------------------------
The shares are entire as far as the Company is concerned, as it recognizes only
one owner for each of them.

The undivided co-owners must appoint one of them to represent them towards the
Company. In case of default of agreement it is up to the most earnest party to
appoint by law an agent responsible for representing them.

                                      -31-
<PAGE>
                                                                   EXHIBIT 10.0

The usufructuaries and bare nominees must also be represented by one of them. In
case of default of agreement the usufructuary shall validly represent the bare
nominee.

ARTICLE 12: TRANSMISSION OF COMMON SHARES
-----------------------------------------
ss. 1 - Transmission inter vivos

Assignments of common shares must be evidenced by an act under private writing.
They are enforceable against the Company and third parties only after the
Company is served or has consented to them.

Common shares are freely transferable between Partners. They can only be
transferred to strangers to the Company with the authorization of the majority
of Partners representing three quarter of the capital stock.

In order to obtain that authorization, the Partner who wants to dispose of all
or part of his common shares informs Management by registered mail, indicating
the assignee's last names, first names, profession, domicile, and nationality,
as well as the number of shares to dispose of.

Within the following eight days, Management informs, by registered mail, the
Partners of the project of assignment. Each Partner must, within fifteen days
after that letter is sent, let it be known whether he accepts the assignment.

Decisions are not justified.

Management notifies forthwith, by registered mail, the Selling-Partner of the
consultation result.

In case the assignee is approved the assignment is formalized forthwith.

In case of refusal the Partners shall have the pre-emptive right on the
aggregate number of shares to be assigned.

In case the tenders (coming from the Partners wanting to exercise their
pre-emptive right) deal with a number of shares exceeding the number of shares
to be assigned the allotment of common shares between the buying-Partners will
be proceeded with on a pro rata rate with the number of their shares and within
the limits of their claim.

This pre-emptive right may be exercised in all cases of assignment inter vivos,
either free or paid for, even though the assignment was made by public
invitation to tender or by court judgment.

The purchase price of pre-empted shares shall be fixed on the basis of the last
balance sheet approved by the General Assembly.

In case of default of agreement between the parties, the redemption value shall
be determined on the same documents by two experts: one appointed by the
purchasers, the other by the assigning Partner, or the Partner's heirs and
assign, with power for the experts to an umpire. There shall be a judicially
appointed expert or umpire.

                                      -32-
<PAGE>
                                                                   EXHIBIT 10.0

ss. 2 - Transmission after death

In case a Partner dies, the transmission of the common shares belonging to him
shall be done as of right for the benefit of his heirs and agents, who must only
support their capacity within three months of the death, by producing to
Management proof of notoriety, or heading of inventory. Failure to produce that
evidence, and as long as it is not produced, Management will withhold exercise
of the rights connected to the deceased Partner's common shares.

ARTICLE 13: PARTNERS' RIGHTS
----------------------------
Each share entitles one to a portion of the earnings and social asset, pro rata
with the number of existing shares.

Any Partner may demand delivery at the Head Office, at his own expense, of a
certified copy of the updated Articles of Incorporation; to that copy shall be
appended the list of operating Managers.

Moreover any Partner may take cognizance or copy, by himself or through an
associated Partner or not, at the Head Office:

- of the inventory, balance sheet, and income statement within fifteen days
before the Partners' approval of those statements;

- of the text of the resolution at an assembly called to amend the Articles of
Incorporation, within fifteen days of the meeting of that assembly;

- and at any time, of the statements indicating the Partners' names and
addresses, as well as the number of shares held by each one, minutes of group
decisions of the Partners, regular or special, during the last three years, and
documents supporting the proper conduct of those decisions: letter placing on
record the Partners' votes, record of attendance, and powers of Partners.

The rights and obligations attached to the shares follow them, in any hand;
possession of a share carries as of right endorsement of the Articles of
Incorporation and resolutions adopted regularly by the Partners.

A Partner's agents, heirs, successors at law or creditors may not under any
pretence require the sealing of properties, Company's bond paper, require their
division or licitation, nor interfere in any way with its administrative acts;
they must, in order to exercise their rights, refer to the corporate inventory
and the Partners' decisions.

The Partners are liable, even with respect to third parties, only to the extent
of the amount of their shares.

ARTICLE 14: DEATH, INTERDICTION, BANKRUPTCY, AND INSOLVENCY OF A PARTNER
------------------------------------------------------------------------
The Company is not dissolved by a Partner's death, interdiction, bankruptcy, and
insolvency.

                                      -33-
<PAGE>
                                                                   EXHIBIT 10.0

                                   TITLE THREE
                                   MANAGEMENT

ARTICLE 15: APPOINTMENT AND POWERS OF MANAGERS
----------------------------------------------
The Company will be managed by one or several managers, Partner or not,
appointed by a decision taken according to Article 19, infra.

Each one has corporate signing authority, but may however only use it to fulfill
the needs and business of the Company.

Managers have each separately the widest powers to act on behalf of the Company
in all circumstances, and perform the operations related to its objects, subject
to the other Managers' vote.

Those powers include especially:

- to receive and pay all monies, subscribe, endorse, negotiate, and discharge
all instruments; execute any contract, agreement, and deals, concerning business
transactions, make any loans; and open any current accounts, especially in banks
and postal cheques, credits or advances, raise a loan by line of bank credit, or
otherwise constitute to that effect the necessary standard warranty;

- to authorize all withdrawals, transfers, and disposals of credit funds, and
any other securities belonging to the Company, grant all leases and rentals,
undertake any construction and work, follow all actions in court, represent the
Company in all arrangements concerning bankruptcy or liquidation by order of the
court or voluntary, deal, buy and sell, compromise, give all waivers and
releases, before or after payment.

The Managers may, under their responsibility, constitute agents for one or
several specified objects.

ARTICLE 16: TERM OF MANAGERS' FUNCTIONS
---------------------------------------
Managers' functions are for a non-stated term.

They expire because of death, interdiction, insolvency or bankruptcy,
revocation, or resignation. A Manager's death or retirement, for whatever
reason, does not bring about the dissolution of a partnership. The sole or
remaining Managers consult all the Partners to replace him. He or they ensure
alone the administration of the Company until the new Manager is appointed.

All the Partners, who dismiss Managers or one of them, shall forthwith proceed
to replace the new Manager.

Managers are removable only for legal causes.

They may, at any time, leave office.

                                      -34-
<PAGE>
                                                                   EXHIBIT 10.0

In case of group resignation they must forthwith consult all the Partners about
appointing new Managers, and if such collectivity deems it appropriate, continue
to collaborate with the Company after the date fixed by them for the termination
of their employment, in order to brief their successors about corporate affairs
during a period not exceeding six months.

ARTICLE 17: MANAGER'S RESPONSABILITIES
--------------------------------------
Managers are, in accordance with ordinary rules of law towards the Company and
third parties, responsible either for violation of the provisions of the law, or
for mistakes made by them during their Management.

                                   TITLE FOUR
                              COLLECTIVE DECISIONS

ARTICLE 18: TYPES OF DECISIONS
------------------------------
Collective decisions taken by the Partners may be ordinary or extraordinary.
Extraordinary decisions are those that involve an amendment to the statutes or
the approval of a transfer of common shares to persons outside the Company.

All other decisions are classified as ordinary.

ARTICLE 19: ORDINARY DECISIONS
The reason for ordinary decisions is to confer on Management the necessary
authorization to undertake actions which go beyond the powers conferred upon it
under Article 15, approved above, to approve, rectify or reject accounts, to
decide any distribution or allocations of profits, to name or revoke Managers
and in general to advise on any issues not dealing with amendment to the
statutes or approval of a transfer of common shares to persons outside the
Company.

Ordinary decisions are not valid unless they have been adopted by Partners
representing more than half of the capital stock. If this number is not reached
at the first consultation, the Partners shall be consulted a second time and
decisions taken by majority vote; these decisions can only be on the issues
which were to be dealt with at the original consultation.

ARTICLE 20: EXTRAORDINARY DECISIONS
-----------------------------------
The Partners may, by extraordinary decisions, amend any of the provisions of the
statues, including but not limited to the following:

- transformation of the Company into another form of Company recognized by the
laws in effect at the time of the transformation, without the necessity of
creating a new company or obtaining the consent of even the statutory managers
- change in the objects of the Company
- reduction of the Company term or its prorogation
- change in the Firm name
- change in the location of the Head Office
- amalgamation of the Company with another company
- change in the number, rate or conditions of transfers of common shares

                                      -35-
<PAGE>
                                                                   EXHIBIT 10.0

- change in the number, length of service and powers of the Managers
- change in the length of the financial year or in the allocation and
distribution of company profits
- change in the manner of consulting the Partners
- future dissolution of the Company - change in the manner of liquidation

Moreover, extraordinary decisions deal with the transfer of common shares to
persons outside the Company. Extraordinary decisions are not valid unless they
have been adopted by a majority of Partners representing three quarters of the
capital stock.

However, the Partners may not, unless it is unanimously, change the nationality
of the Company, or force one of the Partners to increase his share equity.

ARTICLE 21: TIMING OF CONSULTATIONS
-----------------------------------
Partners must make collective decisions at least once a year, during the
three-month period that follows the end of the company year, to approve the
financial statement for that year.

They can also make collective decisions at any other time of year.

ARTICLE 22: CONSULTATION PROTOCOL
---------------------------------
Collective decisions are taken upon request from one or several of the Managers.

Such decisions can also be taken upon request from one or several of the
Partners representing more than half of the capital stock; failing that, by the
Managers who shall consult with the Partners eight days after they have
delivered a Notice of Intent by registered mail.

Decisions are made by written vote.

The text of the proposed resolutions is to be sent by Management or by the
Partners participating in the consultation, to the last known address of each
Partner by registered mail, with an acknowledgement of receipt.

It will contain necessary information and explanations, and if it involves
approving the financial statement, will include the Managers' Report on Company
business and the certified true and accurate statement of profits and losses.

Management is obliged to include in the list of resolutions those proposed
before the sending of the letters, by one or several Partners representing at
least a quarter of the capital stock.

Partners must, within twenty full days after the registered letters have been
sent, indicate their acceptance or refusal to Management, also by registered
mail, with an acknowledgement of receipt. Vote will be taken on each resolution
by a "yes" or a "no".

Any Partner who has not indicated his response within the time stipulated above
will be considered to have abstained.

                                      -36-
<PAGE>
                                                                   EXHIBIT 10.0

During the above time periods the Partners may demand of the Management any
additional explanations they deem useful.

Partners' decisions may also be made in a general meeting.

A General Meeting may be called by one or several Partners representing more
than half of the capital stock, or, failing this, by a Notice of Meeting from
the Managers, to be held eight days after sending out a Notice of Intent by
registered mail, with an acknowledgement of receipt.

The Notice of Meeting shall be sent by registered mail, with an acknowledgement
of receipt, addressed to the last known residence of each Partner.

The Notice of Meeting shall clearly indicate the reason for the meeting.
Management is obliged to put on the Agenda resolutions proposed before the
sending of the letters, by one or several Partners representing at least a
quarter of the capital stock.

The Notice of Meeting must be sent a full fifteen days before the meeting.

The General Meeting will be held at Head Office or in any other place in the
city where the Head Office is located.

The eldest Manager will preside at the meeting.

Scrutineering will be carried out by the Partners with the greatest number of
shares, or by their proxies, or if they refuse, by those who have the next
greatest number.

The administration shall designate a Secretary who may or may not be a Partner.

There shall be an attendance sheet, indicating the names and home addresses of
the Partners and their representatives, as well as the number of common shares
held by each Partner. This attendance sheet, initialed by the members of the
meeting shall be certified true by the administration and held in the Head
Office.

The meeting may only discuss issues that are on the Agenda.

When the Partners' decisions must be unanimous they may be notarized or recorded
by private agreement, signed by all Partners or their representatives.

ARTICLE 23: VOTING
------------------
Each Partner may be involved in making ordinary or extraordinary decisions, no
matter how many shares he holds.

Each Partner has a number of votes equal to the number of common shares he
holds, without limit.

The right to vote by correspondence or in the General Meeting can be exercised
by a proxy not necessarily chosen from among the Partners.

                                      -37-
<PAGE>
                                                                   EXHIBIT 10.0

ARTICLE 24: MINUTES
-------------------
Collective decisions not established by agreement signed by all the Partners,
are recorded in the minutes kept in a special register. These minutes are
recorded and signed by the Managers at the time of the consultation by
correspondence with the Partners, and by the members of the administration when
the decision has been made at the General Meeting. Legal copies or texts of the
decisions shall be signed by one of the Managers. After dissolution of the
Company and during liquidation, copies and texts shall be signed by the
liquidator or liquidators.

ARTICLE 25: APPLICATION OF DECISIONS
------------------------------------
Regular collective decisions are binding on all Partners, even those who are
absent, opposed or unfit.

                                   TITLE FIVE

                    COMPANY YEAR - STATEMENTS - DISTRIBUTION

                            AND ALLOCATION OF PROFITS

ARTICLE 26: FINANCIAL YEAR
--------------------------
The financial year will begin on January 31 and end on December 31.

The first financial year will begin on the day of the adoption of the final
constitution of the Company and end on December 31 of the same year.

ARTICLE 27: ACCOUNTING - STATEMENTS
-----------------------------------
Company operations will be reflected in accounting practices, which conform to
the law and business usage.

Each year Management shall present a statement of the assets and liabilities of
the Company.

Management shall include in this statement the amortization expenses applicable
to any of the assets.

ARTICLE 28: DISTRIBUTION AND ALLOCATION OF PROFITS
--------------------------------------------------
Net profits shall be the revenue of the Company reported in the annual statement
minus overhead, capital expenses, amortization of capital assets and any
business or industrial risk reserves.

An amount equal to 5% will be taken out of the profits for a legal reserve. The
rest of the profits shall be distributed amongst the Partners according to the
number of shares each one holds.

                                      -38-
<PAGE>
                                                                   EXHIBIT 10.0

However, the Partners may, acting on a proposal by one of the Managers and with
the majority stipulated in Article 19 above, allot profits to the creation of
general or specified reserves, which may be used, at their discretion, to redeem
or revoke common shares or to amortize these shares by a reimbursement equal to
their value.

Losses, if there are any, will be assumed by all the Partners, whether they be
Managers or not, in proportion to the number of shares they own, without anyone
being liable for more than the amount of the shares they own.

ARTICLE 29: DIVIDEND AND PERCENTAGE PAYMENTS
--------------------------------------------
Dividends shall be paid annually in the six months following the General Meeting
where the distribution was established. The ones not claimed within five years
shall be deemed invalid by law.

                                    TITLE SIX
                            DISSOLUTION - LIQUIDATION

ARTICLE 30: DISSOLUTION
-----------------------
In the case of a loss of three quarters of the capital stock as established by
an accounting statement, Management must inform the Partners of this loss in the
manner prescribed above in Article 22, and must call on them to decide by double
majority as stipulated in Article 20 upon the continuance or the dissolution of
the Company.

If the Managers cannot contact the Partners in the case where there have been no
regular consultations, any interested party may demand court dissolution of the
Company.

ARTICLE 31: LIQUIDATION
-----------------------
Upon dissolution of the Company, at whatever planned time, or for whatever
reason, liquidation shall be carried out by the existing Managers.

During the liquidation the Partners may, as they do during the Company year,
make decisions that they deem necessary to the liquidation process.

All the capital assets are to be sold by the liquidators who have full powers
and who, if there are several, may act together or separately.

The liquidator, or liquidators, may, with the authorization of the Partners,
given in the form and with the majority required in Article 30 above, give or
transfer to another company or to any other person the total of goods, rights
and obligations, assets as well as liabilities, of the Company.

After discharge of liabilities and expenses, the net proceeds of the liquidation
shall be applied first to reimburse the amount of capital stock if this
reimbursement has not already taken place. The surplus shall be divided amongst
the Partners in proportion to the number of shares owned.

                                      -39-
<PAGE>
                                                                   EXHIBIT 10.0

                                   TITLE SEVEN
                                    DISPUTES

ARTICLE 32:  COMPETENT COURTS
-----------------------------
All disputes that may arise between the Partners, during the operations of the
Company or the liquidation, concerning Company business shall be subject to
Madagascar jurisdiction.

To this end, in the case of a dispute, a Partner must elect as his domicile the
Head Office, and all writs or notices shall be sent regularly to this domicile.

If there has been no election of domicile, writs and notices shall be duly
executed by the office of the Public Prosecutor of the Republic in Civil Court
at the Head Office location.

                                   TITLE EIGHT
                               PUBLICATION - COSTS

ARTICLE 33: PUBLICATION
-----------------------
Power is given to the bearer of the originals and copies of the present
documents, to carry out all the legal formalities in regard to public notices.

ARTICLE 34: COSTS
-----------------
Cost and fees of the present shall be the responsibility of the Company and
shall be considered as "Set-up costs".

Drawn at Diego Suarez, September 16, 2002

/s/ J.B. Besy Andriamanolo
--------------------------
BESY ANDRIAMANOLO Jean Bruno

/s/ G. Armstrong
----------------
ARMSTRONG Geoffrey John

                                      -40-
<PAGE>
                                                                   EXHIBIT 10.0

                                  Attachment D
                                 Societe Siranna
                                S.A.R.L. Permits

The Language Bureau

TRANSLATION AGENCY DECLARATION
The document below is a translation of a source document in the French language
that was transmitted to the translator by mail, e-mail, fax or hand. The
translation was transmitted to this agency electronically and printed by us. We
hereby certify that we have reproduced the translator's work below and ensured
that the (each) translator was working from a true copy of the source document
attached. We may have re-formatted the document to achieve layout consistency
throughout or to conform more closely to the appearance of the source document.
We verily believe that the translation was made by the named translator(s)
without undue influence by any other person. We impress our seal on this
translation and the attached source document for identification. Filename: 416E
Operating Permit Translator(s): Andrea Rankin, Certified Translator

Date: 20 Feb 04     By:   /s/  T. Hobrough  for The Language Bureau, Vancouver.
                      ----------------------
--------------------------------------------------------------------------------

REPUBLIC OF MADAGASCAR

MINISTRY OF ENERGY AND MINES                                Mine Registry Office

                    Act 99-022 of August 19, 1999 Mining Code

                                OPERATING PERMIT
                                ----------------

                                   Number 1308

By Order:  3492/2003                                         Dated:   27/02/2003

Issued in the name of:                      SOCIETE SIRANNA

Resident at:                        Lot 02 Grand Parvois, ANTSIRANANA 201

The present permit is valid for the exploitation of substances initially
declared, as follows:

Sapphire

The initial perimeter of the said permit includes    2   squares with sides of
2.5 kms    situated

Mainly on map FTM 1/1000,000 n                   V31     in the province of

Diego
-----

The coordinates from the center of the squares, according to the Laborde
Geodesic System (LGS) are listed in the Appendix, entitled "Configuration of the
Perimeter", which is part of this permit.

The present permit is valid for a period of   40 years from  23/03/1999

                                      -41-
<PAGE>
                                                                   EXHIBIT 10.0

Signed at:                ANTANANARIVO                  on:  March 20 (?)   2003

With seal and signature of:     Minister of Energy and Mines  (J. RABARISON)

         Renewal                                      Permit History
Date:            Length: 20 years             Date:                     Type:
Order No:                                 Order No:

[repeated three more times on page - all blank]

[at bottom of page]

                                IMPORTANT NOTICE

Request for Renewal must be made at
The Registry Office

                                      -42-
<PAGE>
                                                                   EXHIBIT 10.0

The Language Bureau

TRANSLATION AGENCY DECLARATION
The document below is a translation of a source document in the French language
that was transmitted to the translator by mail, e-mail, fax or hand. The
translation was transmitted to this agency electronically and printed by us. We
hereby certify that we have reproduced the translator's work below and ensured
that the (each) translator was working from a true copy of the source document
attached. We may have re-formatted the document to achieve layout consistency
throughout or to conform more closely to the appearance of the source document.
We verily believe that the translation was made by the named translator(s)
without undue influence by any other person. We impress our seal on this
translation and the attached source document for identification. Filename: 416E
Operating Permit Translator(s): Andrea Rankin, Certified Translator

Date: 20 Feb 04        By:     T. Hobrough   for The Language Bureau, Vancouver.
                           -----------------
--------------------------------------------------------------------------------

I. GENERAL INFORMATION ABOUT THE APPLICANT

I.I  Claimant's identity
---  -------------------

Corporate name               : "SOCIETE SIRANNA"
Legal form of Business Organization         : Business Corporation
Object : Research, mining, and export of untreated mine products Registration
record at the trade register : 2002-B-0116/ANTS.
Reference from the Expense Card                      : 3902-1cl-C
Head office or elected Domicile        : Dwelling No. 2, Grand Pavois City,
ANTSIRANANA-201
Powers of the Signatory    : Manager
Signatory's Identity        : BESY ANDRIAMANOLO Jean Bruno
                              Identity Card No. 101.221.039.884, dated
                              October 31, 1984, issued in Antananarivo II
Signatory's Address         : Dwelling No. 2, Grand Pavois City, ANTSIRANANA-201
                              Tel.: 032 04 100 10

II. INFORMATION ON THE SQUARES COMPOSING THE PERIMETER REQUESTED.
<TABLE>
                           Topographic Chart No.:V 31
                      (reference of the chart at 1/100,000)
<CAPTION>

-------- ------------ ------------ --------------- ---------------------------- ----------------- --------------------
<S>     <C>          <C>          <C>             <C>                          <C>               <C>
No.      Xv           Yv           Substance       Autonomous Province          Region            Commune
         --           --                           -------------------          ------            -------
-------- ------------ ------------ --------------- ---------------------------- ----------------- --------------------
01       713.750      1478.750     sapphire        Antsiranana                  Antsiranana-II    Anivorano-North
-------- ------------ ------------ --------------- ---------------------------- ----------------- --------------------
                                   sapphire        Antsiranana                  Antsiranana-II    Anivorano-North
-------- ------------ ------------ --------------- ---------------------------- ----------------- --------------------
</TABLE>

III. INFORMATION ON THE OTHER LICENCES OR APPLICATIONS FOR A
         LICENCE

                                      -43-
<PAGE>
                                                                   EXHIBIT 10.0

No license is already issued or has been requested.

IV.  ITEMS TO PROVIDE
---  ----------------

1.   Copy of the Company's Articles of Incorporation;

2.   Failing indication in the Articles, deed giving signing authority to the
     person who has signed the application (Minutes of Proceedings-Appointment
     of Manager);

3.   Attestation of Registration record at the trade register;

4.   Expense Card in the Company's name;

5.   Certificate of Fiscal Compliance

                                      -44-
<PAGE>

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