Document:

Exhibit 10.20

                              TREND MINING COMPANY
                       401 Front Ave., Suite 1, 2nd Floor
                             Coeur d'Alene, ID 83814
              Telephone: (208) 664-8095 o Facsimile (208) 667-9616

                     SALE OF LAKE OWEN OPTION AGREEMENT AND
                               EXERCISE OF OPTION

         THIS SALE OF THE LAKE OWEN OPTION AGREEMENT AND EXERCISE OF OPTION (the
"Agreement") is made and entered into this 15th day of March, 2002, (the
"Effective Date") by and between Trend Mining Company, a Delaware corporation
("Trend"), and Howard Schraub, an individual ("Schraub").

                                    RECITALS

         Reference is made to the Lake Owen Option Agreement ("Option
Agreement"), effective as of July 27, 1999, between General Minerals
Corporation, a Delaware corporation ("General Minerals") and Trend which created
the option for Trend to earn a 100% interest in the Lake Owen Project (the
"Option"); to an Amendment to the Lake Owen Option Agreement (the "Lake Owen
Amendment") effective as of June 12, 2000, between General Minerals and Trend;
and to the Lake Owen Transfer Agreement ("Lake Owen Transfer") effective as of
February 11, 2002 between General Minerals, Trend and Schraub and pursuant to
which Schraub assumed part interest then held by General Minerals in the Option
Agreement, as modified by the Lake Owen Amendment.

                                    AGREEMENT

         NOW THEREFORE, for good and valuable consideration of 500,000 shares of
the Trend common stock, Schraub and Trend hereby agree as follows:

1)       As of the Effective Date, the exploration expenditures required by
         Section 5.1(a) of the Option Agreement are hereby declared to be fully
         satisfied and any further exploration expenditure obligations of Trend
         are hereby affirmatively and irrevocably waived.

2)       The conditions and terms specified by the Section 5.2 of the Option
         Agreement have been satisfied.

3)       The conditions and terms specified by the Section 5.3(a) of the Option
         Agreement have been satisfied.

4)       The conditions and terms specified by the Section 5.3(b) of the Option
         Agreement, as modified by the Lake Owen Amendment have been satisfied.

5)       The conditions and terms specified by the Section 5.3(c) of the Option
         Agreement were deleted by the Lake Owen Amendment and are no longer
         applicable.

6)       The conditions and terms specified by the Section 5.3(d) of the Option
         Agreement, as modified by the Lake Owen Amendment have been satisfied.

<PAGE>

7)       Pursuant to Sections 5.5(a) and (b) of the Option Agreement, the notice
         requirements requiring a summary of exploration expenditures in order
         to exercise said Option are hereby waived.

8)       Any and all other terms and conditions specified by the Option
         Agreement as modified by the Lake Owen Amendment which would need to be
         satisfied by Trend to allow Trend to exercise the Option are declared
         to be either satisfied or are hereby waived.

9)       Trend hereby does affirmatively exercise its Option pursuant to Section
         5.5 of the Option Agreement, and Schraub pursuant to the authority
         granted to him by his part interest in the Lake Owen Transfer, now
         declare that all terms and conditions being either satisfied or waived,
         Schraub hereby forever irrevocably grants Trend all of his interest in
         the Lake Owen Project, as that term is defined in the Option Agreement,
         subject only to the existing Royalty, as specified and defined in the
         Option Agreement.

10)      This Agreement contains the entire agreement and understanding between
         the parties. This Agreement shall be governed and interpreted in
         accordance with the laws of New York. Any disputes arising out of this
         Agreement shall be settled by mandatory and binding arbitration in the
         State of New York.

11)      This Agreement may be executed by facsimile and in two or more
         counterparts, each of which shall be deemed to be an original, and all
         of which taken together shall constitute one and the same instrument.

         IN WITNESS WHEREOF, the Parties hereto have executed this Agreement and
made it effective as of the date first written above.

TREND MINING COMPANY                             TREND MINING COMPANY
a Delaware corporation                           a Delaware corporation

By: /s/ Kurt Hoffman                             By:____________________________
Name: Kurt Hoffman                               Name: John Ryan
Title: President                                 Title: Chief Financial Officer

________________________________
Howard Schraub, as IndividualExhibit 10.21

                              TREND MINING COMPANY
                       401 Front Ave., Suite 1, 2nd Floor
                             Coeur d'Alene, ID 83814
              Telephone: (208) 664-8095 o Facsimile (208) 667-9616

                     SALE OF LAKE OWEN OPTION AGREEMENT AND
                               EXERCISE OF OPTION

         THIS SALE OF THE LAKE OWEN OPTION AGREEMENT AND EXERCISE OF OPTION (the
"Agreement") is made and entered into this 15th day of March, 2002, (the
"Effective Date") by and between Trend Mining Company, a Delaware corporation
("Trend"), and Ron Nash, an individual ("Nash").

                                    RECITALS

         Reference is made to the Lake Owen Option Agreement ("Option
Agreement"), effective as of July 27, 1999, between General Minerals
Corporation, a Delaware corporation ("General Minerals") and Trend which created
the option for Trend to earn a 100% interest in the Lake Owen Project (the
"Option"); to an Amendment to the Lake Owen Option Agreement (the "Lake Owen
Amendment") effective as of June 12, 2000, between General Minerals and Trend;
and to the Lake Owen Transfer Agreement ("Lake Owen Transfer") effective as of
February 11, 2002 between General Minerals, Trend and Nash and pursuant to which
Nash assumed part interest then held by General Minerals in the Option
Agreement, as modified by the Lake Owen Amendment.

                                    AGREEMENT

         NOW THEREFORE, for good and valuable consideration of 500,000 shares of
the Trend common stock, Nash and Trend hereby agree as follows:

1)       As of the Effective Date, the exploration expenditures required by
         Section 5.1(a) of the Option Agreement are hereby declared to be fully
         satisfied and any further exploration expenditure obligations of Trend
         are hereby affirmatively and irrevocably waived.

2)       The conditions and terms specified by the Section 5.2 of the Option
         Agreement have been satisfied.

3)       The conditions and terms specified by the Section 5.3(a) of the Option
         Agreement have been satisfied.

4)       The conditions and terms specified by the Section 5.3(b) of the Option
         Agreement, as modified by the Lake Owen Amendment have been satisfied.

5)       The conditions and terms specified by the Section 5.3(c) of the Option
         Agreement were deleted by the Lake Owen Amendment and are no longer
         applicable.

6)       The conditions and terms specified by the Section 5.3(d) of the Option
         Agreement, as modified by the Lake Owen Amendment have been satisfied.

<PAGE>

7)       Pursuant to Sections 5.5(a) and (b) of the Option Agreement, the notice
         requirements requiring a summary of exploration expenditures in order
         to exercise said Option are hereby waived.

8)       Any and all other terms and conditions specified by the Option
         Agreement as modified by the Lake Owen Amendment which would need to be
         satisfied by Trend to allow Trend to exercise the Option are declared
         to be either satisfied or are hereby waived.

9)       Trend hereby does affirmatively exercise its Option pursuant to Section
         5.5 of the Option Agreement, and Nash pursuant to the authority granted
         to him by his part interest in the Lake Owen Transfer, now declare that
         all terms and conditions being either satisfied or waived, Nash hereby
         forever irrevocably grants Trend all of his interest in the Lake Owen
         Project, as that term is defined in the Option Agreement, subject only
         to the existing Royalty, as specified and defined in the Option
         Agreement.

10)      This Agreement contains the entire agreement and understanding between
         the parties. This Agreement shall be governed and interpreted in
         accordance with the laws of New York. Any disputes arising out of this
         Agreement shall be settled by mandatory and binding arbitration in the
         State of New York.

11)      This Agreement may be executed by facsimile and in two or more
         counterparts, each of which shall be deemed to be an original, and all
         of which taken together shall constitute one and the same instrument.

         IN WITNESS WHEREOF, the Parties hereto have executed this Agreement and
made it effective as of the date first written above.

TREND MINING COMPANY                             TREND MINING COMPANY
a Delaware corporation                           a Delaware corporation

By: /s/ Kurt Hoffman                             By: /s/ John Ryan
Name: Kurt Hoffman                               Name: John Ryan
Title: President                                 Title:  Chief Financial Officer

________________________________
Ron Nash, as IndividualExhibit 10.22

                              TREND MINING COMPANY
                      401 Front Avenue, Suite 1, 2nd Floor
                           Coeur D'Alene, Idaho 83814
               Telephone (208) 664-8095 * Facsimile (208) 667-9616

June 27, 2002

Mr. D. Sean Hanna
LCM Holdings, LDC.
10 Deveaux Street
Nassau, Bahamas

Re: Loan Facility

To Whom It May Concern:

1)   By this letter agreement,  you hereby agree to loan to Trend Mining Company
     ("Trend") an aggregate amount of $113,412.59 (the "Loan").

2)   Trend, for value received, hereby unconditionally promises to pay to you in
     U.S. dollars and immediately available funds the entire outstanding
     principal amount of the remitted Loan immediately after completion of a
     private placement of any shares of trend and concurrently with any amounts
     repaid to Electrum LLC and others having provided loan facilities of this
     type to Trend. Trend further promises to pay interest on such outstanding
     principal amount at a rate equal to EIGHT PERCENT (8%) per annum, payable
     semi-annually in arrears. All computations of interest shall be based on a
     365-day year and actual days elapsed. (The monies loaned to Trend under the
     Loan plus to interest provided for in this paragraph 2 are sometimes
     referred to herein as the "Loan Amount").

3)   In consideration for you providing the Loan to Trend, concurrent with the
     execution of this letter agreement, Trend agrees to issue you warrants to
     purchase 113,413 shares of common stock of Trend at $1.00 per share
     exercisable from the date of the loan a for period of 5 years.

4)   Notwithstanding Trend's unconditional obligation to pay the Loan amount
     when due instead of receiving repayment of the Loan Amount in U.S. dollars,
     you may elect in a notice sent to Trend on or before the Loan Repayment
     Date to require Trend to issue to you on "unit" of Trend securities for
     each $.50 of the Loan Amount being converted (inclusive of interest
     thereon). Each "unit" will consist of one (1) share of Trend common stock
     and one (1) warrant to acquire a share of Trend common stock at a purchase
     price of $.50 per share exercisable by you (and/or his assignee(s)) at any
     time on or before May 7, 2007. You may make the election described in this
     paragraph 4 with respect to all or any part of the Loan Amount.

<PAGE>

5)   Trend hereby agrees that it will cause the shares of common stock described
     herein and the warrants and the shares of common stock receivable upon
     exercise of the warrants described in paragraphs 3 and 4 hereof, to be
     registered under the Securities Act of 1933 and the "Blue Sky" laws of
     appropriate jurisdictions at the same time as the shares received by
     Electrum LLC and others who having provided loan facilities of this type to
     Trend and received shares of common stock, warrants and common stock
     receivable upon exercise of those warrants are registered under the
     Securities Act of 1933 and the "Blue Sky" laws of appropriate
     jurisdictions.

6)   The provisions of this letter agreement and the rights and obligations of
     the parties hereunder shall be governed by, and construed and interpreted
     in accordance with the laws of the State of New York without reference to
     conflicts or choice of law provisions thereof, and may not be amended or
     waived without the express written consent of the parties hereto.

7)   Trend hereby agrees that all costs for obtaining this Loan Facility,
     including for the preparation of this letter agreement and the side letter
     agreements and the legal costs thereof, shall be borne by Trend.

8)   This letter agreement may be signed in counterparts, each of which shall be
     deemed an original but all of which together shall constitute one and the
     same instrument.

                                                 Sincerely,
                                                 Trend Mining Company

                                                 By: /s/ Kurt J. Hoffman
                                                     Name:  Kurt J. Hoffman
                                                     Title: President

                                                 Agreed To:

                                                 LCM Holdings, LDC.

                                                 By:____________________________
                                                     Name:
                                                     Title:

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