Document:

EXHIBIT 10.23

WESTERN GOLDFIELDS, INC.
    WG

Office: 961 Matley Lane, Suite 120                      Telephone (775) 849-1985
        Reno, Nevada 89502                                    Fax (775) 849-1985

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April 8, 2004

Coolcharm LTD
Attn: Gerald Thompson
Address:133 Ebury Street
London, SW 1W  9QU, U.K.
Phone 44 (0) 20 7881 0800

RE:  LINCOLN HILL GOLD PROPERTY - LETTER OF INTENT AGREEMENT AND EXPLORATION AND
MINING JOINT VENTURE AGREEMENT

Dear Mr. May,

Pursuant to discussions over the past few weeks, Western Goldfields, Inc. (WG)
is interested in entering into and executing this exclusive Letter of Intent
Agreement (LOI), as well as entering into and executing an exclusive definitive
Exploration and Mining Joint Venture Agreement (Agreement) with Coolcharm Ltd.
(Company) with regards to the Lincoln Hill Gold Property (Property) located in
the Rochester Mining District, Pershing County, Nevada.  Below are suggested
Letter of Intent Agreement joint venture terms for your review and consideration
which would be incorporated into a definitive Exploration and Mining Joint
Venture Agreement where Company may earn a 60% interest in WG' Exploration and
Mining Lease Agreement held by WG with regards to the Lincoln Hill Gold
Property.

     EARN IN EXPENDITURE TERMS: WG proposes an Exploration and Mining Joint
     Venture Agreement where Company could earn a 60 % interest in the Property
     as outlined below:

     Company may earn a 60% interest in the Property by making cash and stock
     payments by expending (US $) $4,000,000 dollars in exploration and
     development expenditures over 5 years and by producing a bankable
     feasibility study on the Property supporting the development of a reserve
     of as least 150, 000 ounce of gold as outlined below. During the 60%
     earn-in term, WG shall have the option to manage and operate the JV and a
     JV Operating Committee shall be established consisting of 5 members: 3 WG
     members and 2 Company members.

     Upon both parties executing this LOI and executing a definitive Exploration
     and Mining Joint Venture Agreement and WG receiving the $50,000 payment and
     200,000 shares of Coolcharm Ltd. common stock, Coolcharm will then
     establish a Limited Liability Company whereby Coolcharm shall own a 60%
     interest in said Limited Liability Company and Western Goldfields shall own
     a 40% interest in the Limited Liability Company. This new Limited Liability
     Company will hold all rights to the leasehold interest of the Lincoln Hill
     project. This agreement is subject to the terms and conditions as outlined
     below:

          -    The execution of the Exploration and Mining Joint Venture
               Agreement and payment of $50,000 and issuance of 200,000 common
               shares of Coolcharm Ltd to WG;
          -    On or before the 1st Anniversary of the Exploration and Mining
               Joint Venture Agreement, the payment of US$75,000 and issuance of
               200,000 common shares of Coolcharm Ltd. to WG;

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          -    On or before the 2nd Anniversary of the Exploration and Mining
               Joint Venture Agreement, the payment of US$100,000 and issuance
               of 200,000 common shares of Coolcharm Ltd. to WG
          -    Completing exploration work expenditures prior to 1st Anniversary
               $500,000
          -    Completing work expenditures prior to 2nd Anniversary $500,000
          -    Completing exploration work expenditures prior to 3rd Anniversary
               $1,000,000
          -    Completing exploration work expenditures prior to 4th Anniversary
               $1,000,000
          -    Completing exploration work expenditures prior to 5th Anniversary
               $1,000,000
          -    Completing a bankable feasibility study on the property
               supporting the development of a reserve of at least 150,000 oz of
               gold.

Upon Company completing the 60 % earn-in, Company shall have the option to
manage and operate the JV, and the Operation Committee shall be changed to 3
member of Company and 2 members WG.
Upon Company having earned its 60%, a Joint Venture will be formed with Company
holding 60% and WG holding 40%.

Note: Any earn-in expenditures for a period specified above that are not spent
     within the above time schedules may be paid in cash to WG, within 30 days
     of the earn-in expenditure period, at the rate of one-half of the remaining
     unspent exploration expenditures for that period. All expenditures would be
     cumulative and any excess spent in any one year would be credited towards
     future exploration expenditure obligations.

ADDITIONAL TERMS AND REQUIREMENTS

1.   ASSUMING AGREEMENTS: Company agrees to assume all underlying Agreements on
     the Property.

2.   STAKING AND FILING OF CLAIMS: Company would agree to file and record at its
     expense all future claims in the underlying leaseholder title.

3.   ANNUAL CLAIM FEES AND OTHER PAYMENTS: By August 15 of each year, Company
     agrees to pay all Federal, State and County annual mining claim maintenance
     fees, rental fees or real property taxes and any and all other fees which
     constitute all or part of the Property, while this Joint Venture Agreement
     is in force.

4.   TERMINATION: During the Company's earn-in period, Company may terminate the
     Joint Venture Agreement at any time subject to a sixty (60) day advanced
     notice. Company would be responsible for any land holding costs that became
     due through the 60-day notice period.

5.   CARRIED INTEREST: Company would be responsible for all project expenditures
     during the earn-in period. Direct expenditures shall not include any land
     lease payments, advanced royalties payments, new claim staking or recording
     fees or annual rental payments to the BLM or the County

6.   BANKABLE FEASIBILITY STUDY:  If at the end of the 5th Anniversary, Company
     has not completed a bankable feasibility study, Company's cumulative work
     expenditures would increase by $1,000,000 dollars in each successive year
     until the bankable feasibility study is completed to continue this Joint
     Venture Agreement.

7.   DILUTION CLAUSES: Following the production of the bankable feasibility
     study, WG shall have the option of contributing its 40% of the project
     financing as outlined in the feasibility document or in the event WG elects
     not to provide its share of the Joint Venture expenditures, it may elect,
     at its sole option, to revert to either:
          a.     a 20% net profit interests, or
          b.     a 2.5% net smelter return royalty.
     In the event Company elects not to provide its share of the Joint Venture
     expenditures, it may elect, at its sole option, to revert to either:

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          c.     a 20% net profit interests, or
          d.     a 2.5% net smelter return royalty.

8.   DEFINITIVE AGREEMENT: WG and Company shall complete an exclusive definitive
     Exploration and Mining Joint Venture Agreement within 30 days of signing a
     Letter of Intent Agreement or as practical as possible. Should WG and
     Company fail to complete a definitive Exploration and Mining Joint Venture
     Agreement within 90 days of the execution and Effective Date of this Letter
     of Intent Agreement, all Agreements and understandings shall be null and
     void, and that the parties shall have no binding obligations between them.

9.   QUITCLAIM DEED: Company agrees to sign a Quitclaim Deed which shall be made
     a part of the definitive Exploration and Mining Joint Venture Agreement,
     which shall be held by a third party escrow firm or agreed upon third
     party. Should Company fail to complete any of the earn-in terms in the
     event Company terminates any of the agreements with WG or in the event
     Company files bankruptcy, WG shall have the rights to record the Quitclaim
     Deed and Company agrees to transfer all its stock in the Limited Liability
     Company in which the Property is being held in back to WG within 30 days
     and WG shall have all rights, titles and interests in the Property and
     Company shall have no rights, title or interests in the Property.

10.  EFFECTIVE DATE: The effective date of this Letter of Intent Agreement shall
     be April 8, 2004.

     Agreed  and  Accepted,             Agreed  and  Accepted,

     /s/  John  May                     /s/  Thomas  E. Callicrate
     ----------------------------       -------------------------------------
     John  May                          Thomas  E.  Callicrate
     Coolcharm Ltd.                     Vice President Exploration, Director
                                        Western  Goldfields,  Inc.
     DATED:  __________                 DATED:  __________

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EXHIBIT 10.2

FIRST AMENDMENT

TO

M.D.C. HOLDINGS, INC.

STOCK OPTION PLAN

FOR NON-EMPLOYEE DIRECTORS

     Amendment to the M.D.C. Holdings, Inc. Stock Option Plan for Non-Employee
Directors as approved by the Board of Directors of M.D.C. Holdings, Inc. on
October 20, 2003:

	 	 	RESOLVED, that the M.D.C. Holdings, Inc. Stock Option Plan for
Non-Employee Directors (the “Plan”), which was approved by the Company’s
shareholders on May 21, 2001, is hereby amended pursuant to Section 6.2
of the Plan to terminate on May 21, 2011.

[End of Amendment]<PAGE>
                                                                    EXHIBIT 10.1

                           CHANGE OF CONTROL AGREEMENT

         This Change of Control Agreement (the "Agreement") is entered into this
5th day of April, 2004 (the "Effective Date") by and between Atrix Laboratories,
Inc., a Delaware corporation (the "Company") with its principal place of
business at 2579 Midpoint Drive, Fort Collins, Colorado 80525, and Michael R.
Duncan an individual residing at 627 Glenarbor Circle, Longmont, Colorado 80501
("Executive").

         1.    Definitions.

               (a) "Affiliate" means any corporation, partnership, trust or
         other entity of which the Company and/or any of its Affiliates directly
         or indirectly owns a majority of the outstanding shares of any class of
         equity security of such corporation, partnership, trust or other entity
         and any corporation, partnership, trust or other entity which directly
         or indirectly owns a majority of the outstanding shares of any class of
         equity security of the Company or any of its Affiliates.

               (b) "Cause" means:

                   (i) If Executive materially violates any term of his
               employment or any Company policies and such violation is not
               substantially remedied within 30 days of written notice from the
               Company to Executive;

                   (ii) Willful misfeasance, gross negligence or nonfeasance of
               duty by Executive that is reasonably likely to be detrimental or
               damaging or that has the effect of injuring or damaging the
               reputation, business or business relationships of the Company or
               any of its subsidiaries or any of their respective officers,
               directors or employees;

                   (iii) Any arrest, indictment (defined as any proceeding in
               which "probable cause" is found), conviction (or the civil
               equivalent) of Executive or a plea of guilty or nolo contendere
               by Executive to a charge based on a federal or state felony or
               serious criminal or civil offense (even if the crime is
               classified under the applicable law as a "misdemeanor"),
               including, but not limited to (1) crimes or civil offenses
               involving theft, embezzlement, fraud, dishonesty or moral
               turpitude; (2) crimes or civil offenses based on banking or
               securities laws (including the Sarbanes-Oxley Act of 2002); and
               (3) civil enforcement actions brought by federal or state
               regulatory agencies (including the Securities and Exchange
               Commission).

                   (iv) Willful or prolonged and unapproved absence from work by
               the Executive or failure, neglect or refusal by the Executive to
               perform his duties and responsibilities as determined by the
               board of directors of the Company (the "Board") in its sole
               discretion.

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               (c) "Change of Control" means the occurrence of one or more of
         the following:

                   (i) Any person (as defined in Sections 3(a)(9) and 13(d)(3)
               of the Securities Exchange Act of 1934, as amended) other than an
               existing stockholder or an Affiliate that directly or indirectly
               becomes the owner of 50% or more of the Voting Stock;

                   (ii) A complete liquidation or dissolution of the Company
               other than a liquidation or dissolution occurring after any of
               the following transactions: the merger or consolidation of the
               Company with an Affiliate, the transfer of 50% or more of the
               Voting Stock of the Company to an Affiliate or Affiliates or the
               sale or other transfer of all or substantially all of the assets
               of the Company to an Affiliate or Affiliates;

                   (iii) The sale of all or substantially all of the Company's
               assets to a single purchaser or group of affiliated purchasers,
               other than any Affiliate or Affiliates, in one or a series of
               related transactions; or

                   (iv) The Company engages in a merger or consolidation with
               another entity other than an Affiliate and immediately after that
               merger or consolidation, the persons or entities that were
               stockholders of the Company immediately prior to that merger or
               consolidation hold, directly or indirectly, less than 50% of the
               Voting Stock of the surviving entity.

               (d) "Good Reason" means any action on the part of the Company not
         consented to by Executive in writing (which action shall not have been
         cured within 30 days following written notice from Executive to the
         Board specifying that such action will give rise to a termination of
         Executive's employment hereunder for Good Reason) having the following
         effect or effects: (i) a material diminution of Executive's job duties,
         responsibilities or requirements that is detrimentally inconsistent
         with Executive's then current title and Executive's prior duties,
         responsibilities or requirements; (ii) a reduction in Executive's
         salary then in effect, other than a reduction comparable to reductions
         generally applicable to similarly situated employees of the Company;
         (iii) the permanent relocation of Executive to a facility or location
         more than 50 miles from the Company's current location; or (iv) a
         significant change in the reporting relationship or title from that
         existing immediately prior to the Change of Control.

               (e) "Voting Stock" means, with respect to a corporation, the
         capital stock of any class or classes of that corporation having
         general voting power under ordinary circumstances, in the absence of
         contingencies, to elect directors of such corporation and, with respect
         to any other entity, the securities of that entity having such general
         voting power to elect the members of the managing body of that entity.

         2.    Term. This Agreement shall be for a term beginning on the
Effective Date and terminating on the date on which Executive's employment with
the Company terminates or is terminated.

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         3.    Termination after Change of Control. If the Company terminates
Executive's employment without Cause, or Executive terminates his employment for
Good Reason, in either case within six months after a Change of Control, then
(i) the Company shall pay to Executive in either a lump-sum or through salary
continuation, at the Company's sole discretion, the amount of Executive's then
current base salary for a period of 12 months, (ii) the Company and the Board
shall cause all of Executive's unvested stock options to immediately vest
effective as of the date Executive's employment terminates, and Executive shall
have four months to exercise the options vested under this Section 3, (iii) if
Executive elects continued coverage under the Company's health plan pursuant to
the Comprehensive Omnibus Budget Reconciliation Act of 1985, as amended, then
the Company shall continue to pay the Company's portion of the premium for
Executive's continued coverage under the Company's health plan until the first
to occur of (A) the date that is 12 months after the date of termination and (B)
the date upon which Executive is employed by a third party and is eligible for
coverage by such third party's health insurance plan and (iv) if Executive
elects continued coverage under the Company's life insurance plan, then the
Company shall continue to pay the Company's portion of the premium for
Executive's continued coverage under the Company's life insurance plan, or if
continued coverage under the Company's life insurance plan is not available
pursuant to the terms of such plan, then the Company shall pay to Executive the
amount of the premium that would otherwise be payable by the Company if
Executive's employment were not terminated until the date that is 12 months
after the date of termination. Thereafter, Executive shall not be entitled to
receive, and the Company shall have no obligation to provide Executive with any
additional salary, payments or benefits of any kind.

         4.    Entire Agreement. The terms of this Agreement are intended by the
parties to be the final and exclusive expression of their agreement with respect
to the relationship between Executive and the Company and may not be
contradicted by evidence of any prior or contemporaneous statements or
agreements. The parties further intend that this Agreement shall constitute the
complete and exclusive statement of its terms and that no extrinsic evidence
whatsoever may be introduced in any judicial, administrative, or other legal
proceeding involving this Agreement.

         5.    Amendments, Waivers. This Agreement may not be modified, amended,
or terminated except by an instrument in writing, signed by Executive and by a
duly authorized representative of the Company other than Executive. No failure
to exercise and no delay in exercising any right, remedy, or power under this
Agreement shall operate as a waiver thereof, nor shall any single or partial
exercise of any right, remedy, or power under this Agreement preclude any other
or further exercise thereof, or the exercise of any other right, remedy, or
power provided herein or by law or in equity.

         6.    Assignment; Successors and Assigns. Executive agrees that
Executive will not assign, sell, transfer, delegate or otherwise dispose of,
whether voluntarily or involuntarily, or by operation of law, any rights or
obligations under this Agreement, nor shall Executive's rights be subject to
encumbrance or the claims of creditors. Any purported assignment, transfer, or
delegation shall be null and void. Subject to the foregoing, this Agreement
shall be binding upon Executive and the Company and shall inure to the benefit
of the parties and their respective heirs, legal representatives, successors,
and permitted assigns, and shall not benefit any person or entity other than
those enumerated above.

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         7.    Severability; Enforcement. If any provision of this Agreement, or
the application thereof to any person, place, or circumstance, shall be held by
a court or arbitrator of competent jurisdiction to be invalid, unenforceable, or
void, the remainder of this Agreement and such provisions as applied to other
persons, places, and circumstances shall remain in full force and effect.

         8.    Governing Law. The validity, interpretation, enforceability, and
performance of this Agreement shall be governed by and construed in accordance
with the laws of the State of Colorado, without regard to choice of law rules.
All disputes arising under this Agreement shall be submitted to and heard by a
state or federal court located in Denver, Colorado and each of the Company and
Executive hereby irrevocably consents to the exclusive jurisdiction and
exclusive venue of such courts.

         9.    Executive Acknowledgment. The parties acknowledge (a) that they
have consulted with or have had the opportunity to consult with independent
counsel of their own choice concerning this Agreement, and (b) that they have
read and understand the Agreement, are fully aware of its legal effect, and have
entered into it freely based on their own judgment and not on any
representations or promises other than those contained in this Agreement.

         10.   Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument. Signatures to this
Agreement may be transmitted via facsimile and such signatures shall be deemed
to be originals.

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         IN WITNESS WHEREOF, the parties have duly executed this Agreement as of
the date first written above.

Company                                       Executive

/s/ David R. Bethune                          /s/ Michael R. Duncan
--------------------------------------        ----------------------------------
David R. Bethune                              Michael R. Duncan
Chairman of the Board of Directors and        Vice President and General Manager
Chief Executive Officer

                                       5

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