Document:

EXHIBIT 10.1 Santos Claim

EXHIBIT 10.1

SANTOS CLAIM

  
  	
      	 	
      Ministry of Employment and Investment

      Energy and Minerals Division

      Mineral Titles Branch
	 	
      EVENT NUMBER: 3186929               
      

           
                      
      OFFICE USE ONLY
	 
	 	 	 	 	SUB-RECORDER

      RECEIVED

      NOV 15 2002

      M.R. #   9      
      $10   

      VANCOUVER, BC

      

      RECORDING STAMP
	 	 	
      Mineral Tenure Act

      Section 57 and 58

 
	 	 
	 	 	BILL OF SALE ABSOLUTE	 
	 	 	 	 
	INDICATE TYPE OF TITLE: 
      MINERAL                                                                                                            
      	 
	MINING DIVISION:  SLOCAN                                                                                                                                 
      	 

  

 

	SELLER:

    I,              
    LOCKE B. GOLDSMITH                                             
    

                            
    (Full Name)

       301 - 1855 BALSAM
    ST.                                                    
    

               
                  
    (Mailing Address)

       VANCOUVER,                                                       
    BC          

           
     (City)                                                                                        
    (Province)

              V6K
    3M3                                                 
    604-733-2830

            (Postal Code)                                                                             
    (Telephone)

    Client Number:    109865                                                          
    

 	 	PURCHASER:

                      
    RON SCHMITZ                                                         
    

                            
    (Full Name)

       P.O. BOX
    10356.                                                                
    

               
                  
    (Mailing Address)

       PACIFIC CENTRE                                                           
    

            (City)                                                                                        
    (Province)

              VANCOUVER,              
    BC                             
    V7Y 1G5     

            (Postal Code)                                                                             
    (Telephone)

    Client Number:    144895                                                          
    

For and in consideration of the sum of   $10.00    
TEN                                                                     
 Dollars ($10.00) 

paid to me, do hereby sell the interest as specified below in the following
mineral titles:

  
  	
      

      CLAIM NAME OR LEASE TYPE
	
      

      TENURE NUMBER
	
      PERCENTAGE OF 

      TITLE BEING SOLD

	 	 	 
	
      SANTOS
	
      256380
	
      100

       

       

  

  
  	 	I
      declare that I have good title to these tenures and every 

      right to sell the same, in witness whereof, I have today 

      signed my legal name.
	 	 
	/s/ "P.R
      Peters"	
      /s/"Locke B. Goldsmith"
	

      		

      	
	         
      (Signature of Witness)	                  
      *(Signature of Seller)
		* If a
      corporation, either the corporate seal or signature of a signing officer

      with position in corporation stated.Exhibit 10.2 Purchase Agreement

EXHIBIT 10.2

PURCHASE AGREEMENT

AGREEMENT

THIS AGREEMENT dated for reference the 14th day of October, 2002

BETWEEN:

                LOCKE B. GOLDSMITH, of Suite 301, 1855 Balsam Street,
Vancouver, BC

                (hereinafter called "Goldsmith")

  
    
      

                                                                     
       OF THE FIRST PART

    

  

AND:

    RON SCHMITZ, of Suite 1260 - 609 Granville Street, Vancouver,
    BC, V7Y 1G5

  

  
    (hereinafter called "Schmitz")

  

                                                                                                     OF
THE SECOND PART

                (collectively referred to as the "Parties")

WHEREAS:

A.     Goldsmith owns the title of the mineral interest in the Santos Mineral
Claim in the Slocan Mining Division of British Columbia and the information
related to this claim.

B.     Schmitz wishes to acquire the title of the mineral interest and obtain
the related information from Goldsmith for the ultimate benefit of Knightsbridge
Resources Ltd.

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the mutual
covenants and agreements herein contained and other good and valuable
consideration, the Parties agree as follows:

1.     Goldsmith agrees to sell and Schmitz agrees to purchase 100% interest in
the Santos Mineral Claim, Tenure Number 256380.

2.     Goldsmith agrees to provide to Schmitz information related to this
mineral claim.

3.     The Parties agrees that Schmitz shall pay to Goldsmith a total amount
of CDN $600 in cash on the date of this Agreement.

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

Locke B. Goldsmith

in the presence of:

/s/ Wendy A. Mortimer

________________________________

Witness Name - Signature

Wendy A. Mortimer                                
                             
/s/ Locke B. Goldsmith

Witness Name - Print                                                      
________________________________

21483 Mayo Place                               
                             
 LOCKE B. GOLDSMITH

Address

Maple Ridge, BC                                      

City, Province

Bookkeeper                                             

Occupation

  

Ron Schmitz

in the presence of:

/s/ Gurdeep Phachu

________________________________

Witness Name - Signature

Gurdeep Phachu                                      
                           
/s/ Ron Schmitz

Witness Name - Print                                                      
________________________________

7236 - 116th St.                                     
                                
   RON SCHMITZ

Address

North Delta, BC                                        

City, Province

Accountant                                               

OccupationExhibit 10.3 Trust Agreement

EXHIBIT 10.3

TRUST AGREEMENT

 

THIS AGREEMENT dated for reference the 15th day of November, 2002.

 

BETWEEN: 

    KNIGHTBRIDGE RESOURCES, INC., a company duly incorporated under the
    laws of the State of Nevada and having a registered office at 50 West
    Liberty Street, Suite 880, Reno Nevada.

  

("Knightbridge") 

    
  

AND: 

    RON SCHMITZ, businessman, having an office at 609 Granville Street,
    Suite 1260, Vancouver, British Columbia V7Y 1G5 

    ("Trustee") 

  

WHEREAS: 

	Knightbridge is desirous of acquiring and exploring certain mineral claims
  in the Province of British Columbia but does not wish to incur the cost or
  liability incurred through the establishment of a subsidiary foreign
  corporation at this early stage of its corporate development; 
	Trustee is willing and legally capable of acting as a trustee for
  Knightbridge to holding the mineral claims on behalf of Knightbridge until
  such time as the initial three phase exploration program is completed and the
  Company is properly able to evaluate the merits of owning the claims in its
  own name or that of a subsidiary; 
	Knightbridge and Trustee, acting as Trustee, has acquired sole beneficial
  owner of 100% of the right, title and interest in and to the Santos Mining
  Claims, which are situated in the Slocan Mining District, British Columbia,
  which mining claims are more particularly described in Schedule "A" attached
  hereto (hereinafter called the "Claims"); and 
	Knightbridge and Trustee now wish to enter into a trust agreement whereby
  Trustee would hold title in trust for Knightbridge to the Claims on the terms
  and conditions as hereinafter set forth. 

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the premises
and the mutual promises, covenants and agreements herein contained, the parties
hereto agree as follows: 

1. REPRESENTATIONS AND WARRANTIES

1.1 Knightbridge represents and warrants to Trustee that:

	Knightbridge is a body corporate duty incorporated, organized and validly
  subsisting under the laws of its incorporating jurisdiction; and 
	Knightbridge has full power and authority to carry on its business and to
  enter into this Agreement and any agreement or instrument referred to or
  contemplated herein. 

1.2 Trustee represents and warrants to Knightbridge that Trustee is legally
capable and has the full power and authority to carry on as a trustee and to
hold the mineral claims as a trustee on behalf of Knightbridge and to enter into
this Agreement and any agreement or instrument referred to or contemplated
herein. 

1.3 The representations and warranties hereinbefore set out are conditions on
which the parties have relied in entering into this Agreement and each party
will indemnify and save the other party harmless from all loss, damage, costs,
actions and suits arising out of or in connection with any breach or any
representation, warranty, covenant, agreement or condition made by the other
party and contained herein. 

2. TERMINATION 

2.1 This Agreement will terminate on: 

	January 01, 2006, unless on or before that date; or 
	on the date that Knightbridge terminates in writing this agreement; or
  
	the date on which Knightbridge incorporates a British Columbia subsidiary
  to hold Knightbridge's interest in the Claims and transfers such interest to
  the subsidiary. 

3. COVENANTS OF KNIGHTBRIDGE

3.1 Knightbridge will keep the Claims free and clear of all liens, charges
and encumbrances arising from their operations hereunder and in good standing by
the doing and filing of all necessary work and by the doing of all other acts
and things and making all other payments which may be necessary in that regard.

Page 2 of 6

4. COVENANTS OF TRUSTEE

4.1 Trustee will not do any act or thing which would or might in any way
adversely affect the rights of Knightbridge hereunder. 

5. FURTHER ASSURANCES 

5.1 The parties hereto agree that they and each of them will execute all
documents and do all acts and things within their respective powers to carry out
and implement the provisions or intent of this Agreement.

6. NOTICE 

6.1 Any notice, direction or other instrument required or permitted to be
given under this Agreement will be in writing and will be given by the delivery
or facsimile transmission or the same or by mailing the same by prepaid
registered or certified mail in each case addressed as follows: 

  (a) if to Knightbridge:

58 Surrey Road

    Bournemouth

    Dorset, UK

    BH4 9HT

  

  
    Attention: Ernie Rogers

  

  (b) if to Ron Schmitz:

609 Granville Street, Suite 1260

    Vancouver, British Columbia 

    V7Y 1G5 

  

6.2 Any notice, direction or other instrument aforesaid will, if delivered by
courier or facsimile transmission, be deemed to have been given and received on
the next business following the day on which it was delivered or sent by
facsimile, and if mailed, be deemed to have been given and received on the tenth
business day following the day of mailing, except in the event of disruption of
the postal services in which event notice will be deemed to be received only
when actually received. 

6.3 Any party may at any time give to the other notice in writing of any
change of address of the party giving such notice and from and after the giving
of such notice, the address or addresses therein specified will be deemed to be
the address of such party for the purpose of giving notice hereunder. 

Page 3 of 6

7. HEADINGS 

7.1 The headings to the respective sections herein will not be deemed part of
this Agreement but will be regarded as having been used for convenience only.

8. ENUREMENT 

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

9. TERMS 

9.1 The terms and provisions of this Agreement shall be interpreted in
accordance with the laws of British Columbia. 

10. ENTIRE AGREEMENT 

10.1 This Agreement constitutes the entire agreement between the parties and
replaces and supersedes all prior agreements, memoranda, correspondence,
communications, negotiations and representations, whether verbal or written,
express or implied, statutory or otherwise between the parties with respect to
the subject matter herein. 

11. TIME OF ESSENCE 

11.1 Time will be of the essence in this Agreement. 

Continued on Next Page...

Page 4 of 6

12. ENFORCEMENT OF AGREEMENT 

12.1 The covenants, promises, terms and conditions contained herein will be
binding upon the parties jointly and severally and may be enforced by each as
against each other inter se. 

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

KNIGHTBRIDGE RESOURCES, INC. 

/s/ Ron Schmitz

_________________________________

Per: Ron Schmitz

Sole Director and Officer

 

TRUSTEE:

/s/ Ron Schmitz

_________________________________

Ron Schmitz, as Trustee

Page 5 of 6

SCHEDULE A A@

This is SCHEDULE "A" to a Trust Agreement made as of the 17th day of May,
2002 between KNIGHTBRIDGE RESOURCES, INC. and RON SCHMITZ

  
  	Claim Name	 	Tenure	 	Number	 	Expiry Date
	 	 	 	 	 	 	 
	Santos 	 	1	 	256380	 	                       
      

  

 

                                  
                                
                              
                            
                          
                        
                      
                    
                  
                
              
            
          
        
      
    
  

Slocan Mining District, British Columbia 

Page 6 of 6

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