Document:

exh4-159.htm

    Exhibit 4.159

      ADMINISTRATIVE SERVICES
AGREEMENT

       

      THIS AGREEMENT made as of this
1st day
of February 2009

      BETWEEN:

      HASTINGS MANAGEMENT CORP., a
company duly incorporated under the laws of the Province of British Columbia,
having its registered office at 711 – 675 West Hastings Street, Vancouver,
British Columbia, V6B 1N2

      (hereinafter
called "Hastings")

       OF
THE FIRST PART

      AND:

      AMADOR GOLD CORP., a company
duly incorporated under the laws of the Province of British Columbia, having its
registered office at 711 – 675 West Hastings Street, Vancouver, British
Columbia, V6B 1N2

      (hereinafter
called the "Company")

       OF
THE SECOND PART

      WHEREAS:

      

      A.           Hastings
is in the business of managing the affairs of public and private
companies;

      

      B.           The
Company is a public company listed on the TSX Venture Exchange and is in the
business of acquiring, exploring and developing natural resource
properties;

      

      C.           The
Company has interests in certain mineral properties and is continually acquiring
additional properties (hereinafter called the “Properties”); and

      

      D.           The
Company desires to retain the management services of Hastings in carrying on the
Company’s business and Hastings desires to manage the affairs of the Company on
the terms and conditions as are more particularly set forth herein.

      

      NOW THEREFORE THIS AGREEMENT
WITNESSES that in consideration of the respective covenants and
agreements hereinafter contained the parties agree as follows:

      

      
        	
                1.

              	
                Services

              

      

      

      1.1         Hastings
shall render services (the “Services”) to and on behalf of the Company and such
Services shall include, without detracting from the generality, the
following:

      

      
        	
                 
      

              	
                (a)

              	
                acting
      as project manager, as the same is understood in the mining industry, for
      development of the Properties to a pre-feasibility
  stage;

              

      

      

      
        	
                 
      

              	
                (b)

              	
                aiding
      in the negotiation, conclusion and approval of the acquisition of
      additional resource properties;

                 

              

      

      
        	
                 
      

              	
                (c)

              	
                administering
      and supervising compliance with the Properties’ title and maintenance in
      accordance with prevailing law and
contract;

              

      

      

      
        	
                 
      

              	
                (d)

              	
                gathering
      historical research and conducting data analysis in respect to the
      Properties and compiling the same for the purpose of analysis and for the
      purpose of providing recommendations to the Board of Directors of the
      Company;

              

      

      

      
        	
                 
      

              	
                (e)

              	
                from
      the historical data and from the work conducted under the supervision of
      Hastings, preparing exploration programmes and budgets for consideration
      by the Board of Directors of the Company, at such times as requested by
      the Board of Directors of the
Company;

              

      

      

      
        	
                 
      

              	
                (f)

              	
                supervising
      and administering the financial requirements of the Properties’
      maintenance and exploration, under the supervision of the Board of
      Directors of the Company and within the terms of this
      Agreement;

              

      

      
        	
                 
      

              	
                (g)

              	
                presenting
      to the Company on a monthly basis an account statement with a clear
      breakdown between administrative and exploration accounts and tax
      liabilities;

              

      

      

      
        	
                 
      

              	
                (h)

              	
                produce
      quarterly accounts in accordance with public recording requirements and
      Generally Accepted Accounting Principles of the Company in a form similar
      to Schedule “A” attached, and assisting the auditor of the Company with
      yearly audited financial
statements;

              

      

      

      
        
          
            

             

             

          

           

        

        
           

          
            

          

        

        
           

        

      

      
        	
                 
      

              	
                (i)

              	
                supervising
      all contract work and subcontract work, and ensuring that the contractors
      and subcontractors are reputable within the industry, the work conducted
      by them is conducted to professional standards acceptable within the
      industry, the work is conducted in accordance with the established
      programme and that security, information confidentiality is required of
      and maintained by the contractors and subcontractors and there are
      licensed and registered with the applicable regulatory
      authorities;

              

      

      

      
        	
                 
      

              	
                (j)

              	
                maintaining
      local administrative facilities and maintaining field facilities (unless
      the same are supplied by another party arranged by the parties) and such
      facilities shall be maintained to a professional standard, including
      appropriate standards for safety, cleanliness, inventory, personnel
      support, communication, housing, information, appropriate insurance and
      sample storage and security;

              

      

      

      
        	
                 
      

              	
                (k)

              	
                maintaining
      all records and information pertaining to the Services, and the
      Properties, and the exploration and activities thereto, and ensuring that
      the Board of Directors of the Company receives copies of all such material
      records and information as would be reasonable and appropriate for the
      Board of Directors’ deliberations;

              

      

      

      
        	
                 
      

              	
                (l)

              	
                ensuring
      that all work in respect to the Properties and exploration and other
      activities thereto is performed in a competent and diligent fashion to an
      acceptable standard within the industry and ensuring that the same is
      effected in conformity with all governmental requirements including,
      without limiting the generality, all environmental requirements, labour
      requirements, mining requirements, taxation requirements, mobility
      requirements, and all and every legislative enactment, regulation,
      ordinance, zoning, order and every other matter required to ensure that
      the work is conducted without violation and in conformity with every
      governmental requirement, such that the Properties are maintained in good
      standing and the development is permitted under the law to proceed without
      disruption or impairment;

              

      

      

      
        	
                 
      

              	
                (m)

              	
                aiding
      in the negotiation, conclusion and approval of future financings for the
      Company;

              

      

      

      
        	
                 
      

              	
                (n)

              	
                communicating
      with various regulatory authorities and preparing and filing the required
      documentation on behalf of the Company in order to ensure compliance with
      all applicable laws;

              

      

      

      
        	
                 
      

              	
                (o)

              	
                as
      requested by the Board of Directors of the Company preparing news
      releases, promotional materials, maps and other documents required to be
      disseminated to the public and to members of the Company and to respond to
      any requests for information or questions which may be posed by the public
      or members of the Company;

              

      

      

      
        	
                 
      

              	
                (p)

              	
                maintaining
      electronic media communications and sites for the Company where all
      material information relating to the Company and its Properties is posted
      in order to keep the public and members of the Company
      informed;

              

      

      

      
        	
                 
      

              	
                (q)

              	
                monitor
      Company activities to ensure compliance with the Company’s overall
      long-term objective and the regulatory framework in which the Company
      operates and to proactively address and respond to the Board of Directors
      to prevent non-conformity;

              

      

      

      
        	
                 
      

              	
                (r)

              	
                pro-actively
      effecting all such activities in performance of the Services as are not
      specifically stated herein but which may be required or advisable and
      reasonable to safeguard the Properties, and the Company’s interest in the
      Properties, to ensure regulatory compliance, and to produce a competent
      and efficient exploration programme and reports, with verifiable data and
      reports acceptable professionally within the industry, and which will be
      acceptable by independent professionals to provide the underlying data and
      information to produce a pre-feasibility report, if warranted, and to
      underpin a programme of work for an eventual feasibility report;
      and

              

      

      

      
        	
                 
      

              	
                (s)

              	
                compliance
      with such other additional instructions and directions as the Board of
      Directors of the Company may reasonably require for the proper and timely
      production of the Services and to safeguard the Properties and the
      Company’s interest therein.

              

      

      

      2.         
 Hastings
Organization

      

      2.1         Hastings
shall have charge of its own internal affairs and administrative arrangements
for the production of the Services in accordance with this Agreement, but
Hastings shall establish the following internal controls:

      
        
          
            

             

            Page
2 

          

           

        

        
           

          
            

          

        

        
           

        

      

       

      
        	

              	
                (a)

              	
                Hastings
      shall establish separate accounts for the conduct of the
      Services;

              

      

      

      
        	
                 
      

              	
                (b)

              	
                Hastings
      shall employ reputable and technically competent personnel and contractors
      and subcontractors, and shall notify the Board of Directors of the Company
      of its roster of personnel and contractors and subcontractors, and any
      amendments thereto from time to time;
and

              

      

      

      
        	
                 
      

              	
                (c)

              	
                Hastings
      shall ensure that its employees, and other personnel and the contractors
      and subcontractors, employ an appropriate standard and code of conduct
      such that Hastings and the parties hereto will not be subject to scandal,
      subject to controversy, subject to any governmental or political enquiry
      or controversy, or otherwise create or encourage any situation which may
      impugn the reputation or negatively effect the work of the
      Company.

              

      

      

      3.       
   Management
Fee

      

      3.1         For
provision of the Services, Hastings shall be paid a fee of Sixty Thousand
Dollars ($60,000) per month payable on the first of every month commencing on
February 1st,
which shall cover Hastings administrative costs and financial services and the
overhead of a home office in Vancouver, but shall not include, which shall be
separately charged, any consultants, contractors, subcontractors, field office
costs, travel, accommodation, and other such matters relating to work conducted
on the Properties.  The extra costs shall be billed to the Company on
a monthly basis by Hastings with a 5% administrative surcharge.

      

      3.2         Due
to the nature of the business of the Company and the cyclical nature of mineral
exploration there will be times the Company will require more extensive Services
to be provided by Hastings.  At such times Hastings reserves the right
to charge an additional fee of Ten Thousand Dollars ($10,000) per month as and
when the more extensive Services are required.

      

      3.3         The
President of the Company shall notify Hastings, to the best of his knowledge, at
the beginning of each month the extent of the Services that will be required by
the Company from Hastings.

      

      4.       
   Representations, Covenants
and Warranties of Hastings

      

      4.1         Hastings
represents, covenants and warrants as follows:

      

      
        	
                 
      

              	
                (a)

              	
                it
      has the requisite skills, experience and industry contacts and support to
      perform the Services to a standard acceptable within the
      industry;

              

      

      

      
        	
                 
      

              	
                (b)

              	
                it
      shall devote the requisite time, shall devote sufficient planning and
      foresight, shall devote sufficient skills and resources, and shall devote
      reasonable best efforts to the performance of the Services, subject to the
      provision of appropriate and timely
funding;

              

      

      

      
        	
                 
      

              	
                (c)

              	
                it
      shall forewarn the Board of Directors of the Company if, at any time,
      employing reasonable skill and foresight, Hastings anticipates any
      problems as to performance, quality, cost, or results of the exploration
      and development or as to any societal or political or governmental
      problems which would affect the Services, the Properties or the Company’s
      interest therein;

              

      

      

      
        	
                 
      

              	
                (d)

              	
                it
      shall pro-actively perform all the terms, conditions, and warranties and
      covenants of this Agreement with due diligence, reasonable best efforts
      and due skill and attention to the requirements of the Services;
      and

              

      

      

      
        	
                 
      

              	
                (e)

              	
                it
      shall well and conscientiously serve the Company during the continuation
      of this Agreement, and Hastings shall use its best efforts to promote the
      interests of the Company.

              

      

      

      5.        
  Hastings
Indemnity

      

      5.1         Hastings
agrees and warrants to indemnify and hold harmless the Company, and its
servants, agents, and affiliates, from any and all costs, damages, expenses or
losses, arising from any negligence, misconduct or default in respect to any
activity conducted by Hastings in the performance of the Services.

      

      6.       
   Term

      
        
          
            

             

            Page
3 

          

           

        

        
           

          
            

          

        

        
           

        

      

      6.1         Subject
to the provisions hereof the term of this Agreement shall commence on the date
of this Agreement and continue for one (1) year.

      

      6.2         Provided
Hastings is not in default hereunder, this Agreement shall automatically renew
for a further one (1) year term, and shall successively renew for further one
(1) year terms, unless Hastings or the Company shall give to the other party
thirty (30) days notice of non-renewal in which case it shall
terminate.

      

      6.3         This
Agreement may be terminated by Hastings or the Company, without cause, by giving
ninety (90) days notice.

      

      7.       
   Independent
Contractors

      

      7.1         Hastings,
and any of its employees or agents, are not, and shall not be construed to be,
employees or agents of the Company but are, and at all times shall remain,
excepting only where specifically authorized in writing, an independent
contractor, who shall have no capacity to bind the Company or engage or commit
their liabilities or obligations unless specifically approved in writing, and
all engagements, contracts and undertakings to be engaged by Hastings for the
performance of the Services shall be engaged directly by Hastings unless
otherwise directed by the Board of Directors of the Company.

      

      8.       
   Confidentiality

      

      8.1         Hastings
shall maintain all maters involving the Properties and the Services in
confidence, except only insofar as shall be required to perform the Services
hereunder, or as may be permitted by the Board of Directors of the Company in
writing, or as may come into the public domain through public
communications.  Hastings shall ensure that its employees and other
personnel and contractors and subcontractors, and such other persons with whom
it may contract or communicate, shall also maintain confidentiality in respect
to the Properties and the Services.

      

      9.        
  Ownership
of Information

      

      9.1         Hastings
agrees and warrants that all work, work product, information, samples, drill
cores, or any other matter in respect to the Properties or the Services are and
shall be solely the property of the Company and Hastings shall have no claim or
interest therein whatsoever.

      

      10.         Termination

      

      10.1       The
Agreement may be terminated with cause on the occurrence of any of the following
events:

      

      
        	
                 
      

              	
                (a)

              	
                if
      Hastings or the Company shall become bankrupt or insolvent or make a
      general assignment for the benefit of its
  creditors;

              

      

      

      
        	
                 
      

              	
                (b)

              	
                if
      Hastings or the Company shall be in default under any material term of
      this Agreement;

              

      

      

      
        	
                 
      

              	
                (c)

              	
                if
      the Company has failed to pay the Management Fee pursuant to section 3
      hereof;

              

      

      

      
        	
                 
      

              	
                (d)

              	
                if
      Hastings shall commit an act of fraud or dishonesty or be in dereliction
      of its duties; or

              

      

      

      
        	
                 
      

              	
                (e)

              	
                if
      Hastings is unable or unwilling to perform the duties under this
      Agreement.

              

      

      

      10.2       The
Company may terminate this Agreement with cause upon giving Hastings thirty (30)
days’ notice and Hastings may terminate this Agreement with cause by giving
thirty (30) days’ notice.

      

      10.3       On
termination of this Agreement, Hastings warrants that it shall deliver to the
Company all materials and information relating to the Properties and the
Services, including, but not limited to, all files, all agreements, all reports,
all correspondence, all maps, all working papers, all analytical work, all
samples, and all drill cores in its possession.

      

      10.4       If
the Board of Directors of the Company so requires, Hastings shall also assign
all specific facilities, including local offices and field camps, and thereto
shall assign all leases, contracts of service, rentals and other such matters as
such party or the Board of Directors of the Company may determine, subject to
lessors, et al., agreeing to such assignment, and Hastings agrees to sell, at
reasonable rates, all phone systems, furnishings, information processing
systems, rolling stock, inventory, equipment, and all other goods and matters at
such local office or field facilities as

      
        
          
            

             

            Page
4 

          

           

        

        
           

          
            

          

        

        
           

        

      

      may be
owned by Hastings, excepting only where the local office or field facilities
service more clients than represented by this Agreement; in which case such
sales and assignments contemplated herein shall be discretionary on the part of
Hastings.

      

      11.         Events of Force
Majeure

      

      11.1       If
any party hereto is at any time prevented or delayed in complying with any
provisions of this Agreement by reason of strikes, walk-outs, labour shortages,
power shortages, fires, wars, civil disturbances, acts of God, governmental
regulations restricting normal operations, shipping delays or any other reason
or reasons beyond the control of such party (the “Delaying Party”), then the
time limited for the performance by such Delaying Party of its obligations
hereunder shall be extended by a period of time equal in length to the period of
each such prevention or delay.

      

      11.2       Such
Delaying Party shall within five (5) business days give notice to the Company of
each event of force majeure and shall furnish notice of the nature of the event,
together with particulars of the number of days by which the obligations of such
Delaying Party hereunder will be or have been extended by virtue of such event
of force majeure.

      

      12.         Arbitration

      

      12.1       The
parties hereto agree that all questions or matters in dispute with respect to
this Agreement shall be submitted to arbitration pursuant to the terms
hereof.

      

      12.2       It
shall be a condition precedent to the right of any party to submit any matter to
arbitration pursuant to the provisions hereof and that any party intending to
refer any matter to arbitration shall have given not less than thirty (30) days’
prior notice of its intention to do so to the other party together with
particulars of the matter in dispute.  The parties shall employ good
faith and best efforts to attempt to negotiate a resolution to any dispute
during such notice period. On the expiration of such thirty (30) days, any party
may give notice to refer the dispute to arbitration as provided
hereinafter.

      

      12.3       The
party desiring arbitration shall, after the thirty (30) day notice above,
appoint one (1) arbitrator, and shall notify the other party of such
appointment, and the other party shall, within ten (10) days after receiving
such notice, appoint an arbitrator, and the two arbitrators so named, before
proceeding to act, shall, within ten (10) days of the appointment of the last
appointed arbitrator, unanimously agree on the appointment of a third
arbitrator, to act with them and be chairman of the arbitration herein provided
for.  If the other party shall fail to appoint an arbitrator within
ten (10) days after receiving notice of the appointment of the first arbitrator,
and if the two arbitrators appointed by the parties shall be unable to agree on
the appointment of the third arbitrator, the third arbitrator shall be appointed
under the provisions of the Commercial Arbitration Act of the Province of
British Columbia.  Notwithstanding the foregoing, the parties may
agree to have the arbitration heard by a single arbitrator appointed by
unanimous consent.  Except as specifically otherwise provided in this
section, the arbitration herein provided for shall be conducted in accordance
with such Commercial
Arbitration Act.  The chairman, or in the case where only one
arbitrator is appointed, the single arbitrator, shall fix a time and place in
Vancouver, British Columbia, for the purpose of hearing the evidence and
representations of the parties, and he shall preside over the arbitration and
determine all questions of procedure not provided for under such Commercial Arbitration Act or
this section.  After hearing any evidence and representations that the
parties may submit, the single arbitrator, or the arbitrators, as the case may
be, shall make an award and reduce the same to writing, and deliver one (1) copy
thereof to each of the parties.  The expense of the arbitration shall
be paid as specified in the award.

      

      12.4       The
parties agree that the award of a majority of the arbitrators, or in the case of
a single arbitrator, of such arbitrator, shall be final and binding upon each of
them.

      

      12.5       In
the event that arbitration was effected to determine the issue of a default
under this Agreement and if the arbitrator finds that a default has occurred,
then this Agreement shall terminate at the election of the non-defaulting party,
without prejudice to such party’s right to enforce any damages or other remedy
awarded by the arbitrator.

      

      13.         Notice

      

      13.1       Any
notice, direction or instrument required or permitted to be given hereunder
shall be given in writing and be mailed, postage prepaid, or be delivered by one
party to the other, at the addresses first herein appearing.  Any
notice, direction or any other instrument aforesaid if delivered shall be deemed
to have been given on the day on which it was delivered, or if mailed, shall be
deemed to have been given or made on the third business day following the day
on

      
        
          
            

             

            Page
5 

          

           

        

        
           

          
            

          

        

        
           

        

      

      which it
was mailed, provided that if there shall be a postal strike, slow down or other
labour dispute which may affect the delivery of such notice through the mail
between the time of mailing and the actual receipt of the notice then such
notice shall only be effective only if actually delivered.  Any party
may, from time to time, give notice of any change of its respective address and,
in such event, the address of such party shall be deemed to be changed
accordingly.

      

      14.         Severability and
Construction

      

      14.1       If
any provision of this Agreement or any part thereof shall be found or determined
to be invalid it shall be severable from this Agreement and the remainder of
this Agreement shall be construed as if such invalid provision or part has been
deleted from this Agreement.

      

      15.         Consents and
Waivers

      

      15.1       No
consent or waiver expressed or implied by either party in respect of any breach
or default by the other party in the performance of its obligations hereunder
shall:

      

      
        	
                 
      

              	
                (a)

              	
                be
      valid unless it is in writing and stated to be a consent or waiver
      pursuant to this section;

              

      

      

      
        	
                 
      

              	
                (b)

              	
                be
      relied upon as a consent to or waiver of any other breach or default of
      the same or any other obligation;

              

      

      

      
        	
                 
      

              	
                (c)

              	
                constitute
      a general waiver under this Agreement;
or

              

      

      

      
        	
                 
      

              	
                (d)

              	
                eliminate
      or modify the need for a specific consent or waiver pursuant to this
      section in any other or subsequent
instance.

              

      

      

      16.         Time of the
Essence

      

      16.1       Time
shall be of the essence in this Agreement.

      

      17.         Assignment

      

      17.1       This
Agreement may only be assigned with the express written consent of the
parties.

      

      18.         Successors and
Assigns

      

      18.1       This
Agreement shall enure to the benefit of and be binding upon each of the parties
hereto and their respective successors and permitted assigns

      .

      19.         Approvals

      

      19.1       This
Agreement is subject to the acceptance of the TSX Venture Exchange or other
appropriate regulatory authority.

      

      20.         Further
Assurances

      

      20.1       The
parties hereto agree from time to time after the execution hereof to make, do,
execute or cause or permit to be made, done or executed all such further and
other lawful acts, deeds, things, devices and assurances in law whatsoever as
may be required to carry out the true intention and to giver full force and
effect to this Agreement.

      

      21.         Entire
Agreement

      

      21.1       This
Agreement embodies the entire agreement and understanding between the parties
hereto and supersedes all prior agreements and undertakings, whether oral or
written, relative to the subject matter hereof.

      

      22.         Applicable
Law

      

      22.1       This
Agreement and all matters arising thereunder shall be governed by the laws of
British Columbia and all disputes arising under this Agreement shall be referred
to a court of British Columbia.

      
        
          
            

             

            Page
6 

          

           

        

        
           

          
            

          

        

        
           

        

      

      23.         Counterparts

      

      23.1       This
Agreement may be signed by the parties hereto in as many counterparts as may be
necessary, each of which so signed shall be deemed to be an original, and such
counterparts together shall constitute one and the same instrument and
notwithstanding the date of execution will be deemed to bear the Execution Date
as set forth on the front page of this Agreement.  This Agreement may
be executed by facsimile and such facsimiles shall be deemed original
documents.

      

      24.         No Partnership or
Agency

      

      24.1       The
parties hereto have not created a partnership and nothing contained in this
Agreement shall in any manner whatsoever constitute any party the partner, agent
or legal representative of any other party, nor create any fiduciary
relationship between them for any purpose whatsoever.  No party shall
have any authority to act for, or to assume any obligations or responsibility on
behalf of, any other party except as may be, from time to time, agreed upon in
writing between the parties or as otherwise expressly provided.

      

      IN WITNESS WHEREOF the common
seal of the Company and Hastings was hereunto affixed in the presence of its
proper officers as of the date first above written.

      

      HASTINGS MANAGEMENT
CORP.                     )

      )

      )

      Per:/s/ Richard Hughes            )

                    Richard
Hughes,
President                             )

      

      AMADOR GOLD
CORP.                                          )

      )

      )

      Per:/s/ Alan Campbell            
 )

                    Authorized
Signatory                                      )

      )

      Alan
Campbell                                                               )

      Name
(Printed)                                                              )

      
        
          
            

             

            Page
7exh4-160.htm

    Exhibit 4.160

      EAST
BRECCIA AMENDMENT AGREEMENT #2

      

      This
Amendment Agreement dated for reference the 10th day
of February 2009

      

      BETWEEN:

      

      AMADOR GOLD CORP. of Suite 711
- 675 West Hastings Street, Vancouver, British Columbia  V6B
1N2

      

      (referred
to as "Amador")

      

      OF
THE FIRST PART

      

      AND:

      

      KEN
FENWICK                                                               (as
to 43%)

      84 Velva
Avenue

      Thunder
Bay, Ontario  P7A 6N5

      Tel:  (807)
344-6568

      

      GEORGE
LUCIUK                                                         (as
to 42%)

      30
Carlbert Street

      Sault
Ste. Marie, Ontario  P6A 5S5

      Tel:  (705)
949-5940

      

      DANIEL
SHELLY                                                           
(as to 15%)

      P.O. Box
112

      Batchwana
Bay, Ontario  P0S 1A0

      Tel:  (705)
882-2592

      (hereinafter
referred to as the "Optionors")

      

      OF
THE SECOND PART

      

      WHEREAS Amador and the
Optionor entered into an option agreement dated for reference the 1st day
of March 2006 and an amendment agreement dated the 19th day
of October 2007 (collectively, the “East Breccia Agreement”) and the parties
wish to amend terms of the East Breccia Agreement.

      

      NOW THEREFORE in consideration
of the premises and the mutual covenants and agreements herein contained, the
parties agree as follows:

      

      
        	
                1.

              	
                Sections
      3 and 4 to the East Breccia Agreement be deleted in their entirety and
      replaced with Sections 3 and 4 as written
below:

              

      

      

      
        	
                 
      

              	
                “3.

              	
                TERMS OF THE
      OPTION

              

      

      

      In order
to maintain the Option in good standing and earn a 100% right, title and
undivided interest in and to the Property, the Optionee, subject to paragraph 2,
shall:

      

      
        	
                 
      

              	
                (a)

              	
                pay
      to the Optionor $12,000 within 10 days of receipt of regulatory approval
      (paid);

              

      

      

      
        	
                 
      

              	
                (b)

              	
                pay
      to the Optionor a further $25,000 on or before March 1, 2007
      (paid);

              

      

      

      
        	
                 
      

              	
                (c)

              	
                pay
      to the Optionor a further $25,000 on or before March 1, 2008
      (paid);

              

      

      

      
        	
                 
      

              	
                (d)

              	
                pay
      to the Optionor a further $15,000 on or before February 10, 2009
      (paid);

              

      

      

      
        	
                 
      

              	
                (e)

              	
                pay
      to the Optionor a final $50,000 on or before March 1,
  2010;

              

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        	
                 
      

              	
                (f)

              	
                issue
      to the Optionor 50,000 common shares of the Optionee within 10 days of
      receipt of regulatory approval
(issued);

              

      

      

      
        	
                 
      

              	
                (g)

              	
                issue
      to the Optionor a further 50,000 common shares of the Optionee on or
      before June 1, 2007 (issued); and

              

      

      

      
        	
                 
      

              	
                (h)

              	
                issue
      to the Optionor a further 50,000 common shares of the Optionee on or
      before June 1, 2008 (issued); and

              

      

      

      
        	
                 
      

              	
                (i)

              	
                issue
      to the Optionor a further 100,000 common shares of the Optionee on or
      before June 1, 2009 (the additional 50,000 shares subject to regulatory
      approval); and

              

      

      

      
        	
                 
      

              	
                (j)

              	
                issue
      to the Optionor a final 100,000 common shares of the Optionee on or before
      June 1, 2010.

              

      

      

      4.           EXERCISE OF THE
OPTION

      

      If the
Optionee has paid $127,000 and issued 350,000 common shares to the Optionor, the
Optionee shall be deemed to have exercised the Option and will have acquired an
undivided 100% right, title and interest in and to the Property, subject only to
the Royalty Interest reserved to the Optionor.”

      

      
        	
                2.

              	
                Section
      7 to the East Breccia Agreement be deleted in its entirety and replaced
      with Sections 7 as written below:

              

      

      

      “7.           NOTICE OF DEFAULT AND TERMINATION BY
OPTIONOR

      

      If the
Optionee should be in default in making any payments or performing any other of
its obligations hereunder, the Optionors may give written notice to the Optionee
specifying the default.  The Optionee shall not lose any rights
granted under this Agreement so long as, within thirty (30) days after the
giving of such notice of default by the Optionors, the Optionee shall cure the
specified default.  If the Optionee fails to cure the default within
the thirty (30) day period, this Agreement shall terminate.  Upon
termination of this Agreement by the Optionors, the provisions of the paragraph
in this Agreement entitled “Termination Prior to Acquisition of Interest” shall
apply.”

      

      
        	
                3.

              	
                In
      all other respects the terms of the East Breccia Agreement remain as
      written.

              

      

      

      
        	
                4.

              	
                Time
      shall be of the essence of this Amendment
  Agreement.

              

      

      

      
        	
                5.

              	
                The
      parties hereto covenant and agree to execute and deliver all such further
      documents as may be required to carry out the full intent and meaning of
      this Amendment Agreement and to effect the transactions contemplated
      hereby.

              

      

      

      
        	
                6.

              	
                This
      Amendment Agreement shall be governed by and interpreted in accordance
      with the laws of the Province of
Ontario.

              

      

      

      
        	
                7.

              	
                This
      Amendment Agreement together with the East Breccia Agreement constitute
      the entire agreement between the parties and supersedes all previous
      understandings, communications, representations and agreements between the
      parties with respect to the subject matter of this Amendment
      Agreement.

              

      

      

      
        	
                8.

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

              

      

      

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

      

      The COMMON SEAL
of                                                                 
)

      AMADOR GOLD
CORP.                                                               )

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      was
hereunto affixed in the presence
of:                                         
)

                    
)

      /s/ Alan
Campbell______________________                             
)

      Alan
Campbell,
Director                                                                   
)

      

      SIGNED,
SEALED and DELIVERED
by                                         )

      KEN FENWICK in the presence
of:                                              
)

                     )

      /s/ Marilyn Fenwick                                  )

      Name
(printed &
signed)                                                                  
)

             
)

      84 Valva Ave., Thunder Bay,
ON, P7A
6N5                                    
)

      Address                                                                         
)         /s/ Ken Fenwick                                                          

                    
)         KEN FENWICK

      

      SIGNED
and DELIVERED
by                                                           )

      GEORGE LUCUIK in the presence
of:                                         )

                    
)

                    
)

      Name
(printed &
signed)                                                                   )

                    
)

                    
)

      Address                                                                                               
)         /s/ George
Lucuik                                                                    

                    
)         GEORGE LUCUIK

      

      SIGNED
and DELIVERED
by                                                           )

      DANIEL SHELLY in the presence
of:                                            )

                    
)

                    
)

      Name
(printed &
signed)                                                                   )

                    
)

                    
)

      Address                                                                                              
 )         /s/ Daniel Shelly        
                                                         

                    
)         DANIEL SHELLY

      
        
           

        

        
          3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00172-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00172-of-00352.parquet"}]]