Document:

OPTION AGREEMENT

This  agreement  is  dated  for  reference  July  20,  1999.

BETWEEN:     Wet Coast Capital Corporation, a British Columbia company, of Suite
420,  1090  West  Pender  Street,  Vancouver, British Columbia, V6E 2N7, and fax
(604)  682-6509
          ("Wet  Coast")

AND:     GERRY  DIAKOW, a mining engineer, of 1537 - 54"' Street, Delta, British
Columbia,  V4M  3H6,  and  fax  (604)682-6509
          (the  "Optionor")

RECITALS

A.          The  Optionor  has  an  undivided 100% interest in Hi-Ho 1-10 Mining
Claims, New Westminster Mining Division, 121 , 36' West Longitude and 49 ', 23',
30"  North  Latitude,  British  Columbia,  Canada  (the  "Property").

B.          Wet  Coast wants the exclusive and irrevocable right to acquire 100%
of  the  Optionor's  interest  in  the  Property.

IN  CONSIDERATION  of  the  recitals and valuable consideration, the receipt and
sufficiency  of  which  are  acknowledged,  the  parties  agree  that:

1.     The  definitions  in  the  recitals  are  part  of  this  agreement.

2  .     The  Optionor  grants  Wet  Coast an option to acquire a 100% undivided
interest  in  the  Property  (the  "Option").

3.     To  exercise  the  Option,  Wet  Coast  must:

(a)     finance  the  work  program  recommended for the Property in the initial
report  of  Douglas  H.  Hopper, Consulting Geologist, dated March 11, 1999 (the
"Work  Program")  within  12  months  of  the  date of this agreement (the "Work
Period");  and

(b)     pay  the  Optionor  CDN$7,500  within  18  months  of  the  date of this
agreement  (the  "Option  Period").

4.     The  Optionor  will  perform  the Work Program and provide an engineering
report  that  satisfies  Wet  Coast within two months of his completing the Work
Program  or  the  end  of  the  Work  Period,  whichever  is  earlier.

<PAGE>

5.     Wet  Coast may transfer, assign, grant an option to purchase or otherwise
alienate  its  rights  and  obligations  under  this  agreement.

6.     Wet  Coast  and  its  employees,  agents,  independent  contractors,  and
assignees  may  have  full  access  to  the  Property  during the Option Period.

7.     Wet  Coast  may  terminate  this  agreement at any time during the Option
Period  by  giving  written  notice  of its intention to terminate by fax to the
Optionor's fax number as soon as Wet Coast arrives at its decision to terminate.
No  monies already paid by Wet Coast under this agreement are refundable and Wet
Coast is entitled to no interest in the Property if this agreement is terminated
by  Wet  Coast  during  the  Option  Period.

8.     During  the  Option  Period,  the  Optionor  will:

(a)     do  nothing  that  might  adversely affect Wet Coast's rights under this
agreement,  and

(b)     keep the Property free and clear of any claims and in good standing with
applicable  government  authorities.

9.     During  the  Option  Period,  Wet  Coast  will:

(a)     conduct  all work on the Property in a careful and miner-like manner and
in  compliance  with  all  applicable  laws,  and

(b)     obtain  and  maintain and cause any contractor or sub-contractor engaged
under this agreement to obtain and maintain adequate insurance during any period
in  which  active  work  is  carried  out  on  the  Property.

10.     Each  party  represents  and  warrants  to  the  other  that:

(a)     it has the power and authority to carry on its business and to make this
agreement  and  any  agreement  that  is  contemplated  by  this  agreement, and

(b)     the  making of this agreement and any agreements contemplated by it does
not  violate  or  breach  its constating documents or the laws of any applicable
jurisdiction  and  has  been  authorized  by  its  board  of  directors.

11.     The  Optionor  represents  and  warrants  that:

(a)     title to the Property is free and clear of any claims or charges, either
actual,  pending  or  threatened,

(b)     the  Property  is  not  subject  to  any  order or direction relating to
environmental  matters  that  requires  any  action,

(c)     he has the exclusive right to make this agreement, and to dispose of the
Interest  in  the  Property  in  accordance  with  the  terms of this agreement.

<PAGE>

12.     The  representations  and  warranties  of  the parties are conditions on
which  the  parties  have  relied  in  making  this  agreement  and  survive the
exercising  of  the  Option.

13.     The  Optionor  acknowledges  that this agreement was prepared by Jeffs &
Company, Law Corporation, on behalf of and solely for Wet Coast, and that it may
contain  terms  and  conditions onerous to the Optionor.  The Optionor expressly
acknowledges  that Wet Coast has given the Optionor adequate time to review this
agreement  and to seek and obtain independent legal advice, and he represents to
Wet  Coast  that he has in fact sought and obtained independent legal advice and
is  satisfied  with  all  of  the  terms  and  conditions  of  this  agreement.

14.     This  agreement  contains  the  entire  agreement  among the parties and
supersedes  all  earlier representations, understandings and agreements, whether
written or oral, express or implied, that might have lead to the parties' making
this  agreement.

15.     The  parties  will  sign any document and do anything within their power
that  is  necessary  to  implement  the  terms  of  this  agreement.

16.     Time  is  of  the essence of this agreement and is of the essence of any
amendments  to  this  agreement  unless  its essence is waived in the amendment.

17.     This  agreement  is governed by the laws of British Columbia and must be
litigated  in  the  courts  of  British  Columbia.

18.     This  agreement  enures  to the benefit of and is binding on the parties
and  their  respective  successors  and  permitted  assigns.

19.     This  agreement  may  be executed in any number of separate counterparts
and delivered to the parties by fax.  The counterparts together are deemed to be
one  original  document.

THE  PARTIES'  SIGNATURES  below  are  evidence  of  their  agreement.

WET  COAST  CAPITAL  CORPORATION

Per:
     Authorized  Signatory

Signed  by  Gerry  Diakow  in  the  presence  of:

"Alita  M.  Cerra"          "Gerry  Diakow
------------------------    -------------------
Signature  of  Witness       Gerry  Diakow

Alita  M.  Cerra
Name  of  Witness

Address  of  WitnessASSIGNMENT AGREEMENT

THIS  AGREEMENT  dated for reference July 20, 1999, is BETWEEN WET COAST CAPITAL
CORPORATION,  a British Columbia company, of Suite 420, 1090 West Pender Street,
Vancouver,  British  Columbia, V6E 2N7, and fax (604)682-6509 ("Wet Coast"); AND
QUILCHENA  RESOURCES, INC., a Nevada company, of Suite 1000, 355 Burrard Street,
Vancouver,  B.C.,  V6C  2G8,  and  fax  (604)687-0554  ("Quilchena").

WET  COAST  has an option (the "Option") to purchase an undivided I 00% interest
in the Hi-Ho 1-10 Mining Claims, New Westminster Mining Division, 121 , 36' West
Longitude  and  49  ,  23',  30"  North  Latitude, British Columbia, Canada (the
"Property")  by an agreement dated July 20, 1999, attached as Schedule A to this
agreement  (the "Option Agreement") and has agreed to assign its entire interest
in  the  Option  Agreement to Quilchena; So IN CONSIDERATION of the recitals and
valuable  consideration,  the receipt and sufficiency of which are acknowledged,
the  parties  agree  that:

1.     The  definitions  in  the  recitals  are  part  of  this  agreement.

2.     This  agreement  is  effective  on  July 20, 1999 (the "Effective Date").

3.     Wet Coast irrevocably assigns Its entire interest in the Option Agreement
to  Quilchena  as  of  the  Effective  Date  for  US$  I  0,000  (the  "Price").

4.     Wet Coast represents and warrants that it may assign the Option Agreement
and  that it has granted no other party any right to acquire any of its interest
in  the  Option  Agreement.

5.     Wet  Coast  represents and warrants that it has made the CDN$7,500 option
payment  referred  to  in  paragraph  3(b)  of  the  Option  Agreement.

6.     Quilchena  acknowledges  that  in  order  to  exercise  the Option, it is
required  to  finance  the work program on the Property referred to in paragraph
3(a)  of  the  Option  Agreement.

7.     Quilchena  acknowledges  that  this  agreement  was  prepared  by Jeffs &
Company, Law Corporation, on behalf of and solely for Wet Coast, and that it may
contain  terms  and  conditions  onerous  to  Quilchena.  Quilchena  expressly
acknowledges  that  Wet  Coast  has given Quilchena adequate time to review this
agreement and to seek and obtain independent legal advice, and represents to Wet
Coast  that  it  has in fact sought and obtained independent legal advice and is
satisfied  with  all  of  the  terms  and  conditions  of  this  agreement.

8.     This  agreement  contains  the  entire  agreement between the parties and
supersedes  all  earlier representations, understandings and agreements, whether
written  or oral, express or implied, that might have lead to the parties making
this  agreement.

9.     The  parties  will  sign  any document and do anything within their power
that  is  necessary  to  implement  the  terms  of  this  agreement.

<PAGE>

10.     Time  is  of the essence of this agreement and of any amendments to this
agreement  unless  it  is  expressly  waived  in  the  amendment.

11.     This  agreement  is governed by the laws of British Columbia and must be
litigated  in  the  courts  of  British  Columbia.

12.     This  agreement  enures  to the benefit of and is binding on the parties
and  their  respective  successors  and  permitted  assigns.

13.     This  agreement  may  be executed in any number of separate counterparts
and  may  be  delivered to the parties by fax, and the counterparts together are
deemed  to  be  one  original  document.

THE  PARTIES'  SIGNATURE'S  are  evidence  of  their  agreement.

WEST  COAST  CAPITAL  CORPORATION

Per:
     Authorized  Signatory

QUILCHENA  RESOURCES,  INC.

Per:
     Authorized  Signatory

<PAGE>
                                  SCHEDULE "A"
                                OPTION AGREEMENT

This  agreement  is  dated  for  reference  July  20,  1999.

BETWEEN:     Wet Coast Capital Corporation, a British Columbia company, of Suite
420,  1090  West  Pender  Street,  Vancouver, British Columbia, V6E 2N7, and fax
(604)  682-6509
          ("Wet  Coast")

AND:     GERRY  DIAKOW, a mining engineer, of 1537 - 54"' Street, Delta, British
Columbia,  V4M  3H6,  and  fax  (604)682-6509
          (the  "Optionor")

RECITALS

A.          The  Optionor  has  an  undivided 100% interest in Hi-Ho 1-10 Mining
Claims, New Westminster Mining Division, 121 , 36' West Longitude and 49 ', 23',
30"  North  Latitude,  British  Columbia,  Canada  (the  "Property").

B.          Wet  Coast wants the exclusive and irrevocable right to acquire 100%
of  the  Optionor's  interest  in  the  Property.

IN  CONSIDERATION  of  the  recitals and valuable consideration, the receipt and
sufficiency  of  which  are  acknowledged,  the  parties  agree  that:

1.     The  definitions  in  the  recitals  are  part  of  this  agreement.

2  .     The  Optionor  grants  Wet  Coast an option to acquire a 100% undivided
interest  in  the  Property  (the  "Option").

3.     To  exercise  the  Option,  Wet  Coast  must:

(a)     finance  the  work  program  recommended for the Property in the initial
report  of  Douglas  H.  Hopper, Consulting Geologist, dated March 11, 1999 (the
"Work  Program")  within  12  months  of  the  date of this agreement (the "Work
Period");  and

(b)     pay  the  Optionor  CDN$7,500  within  18  months  of  the  date of this
agreement  (the  "Option  Period").

4.     The  Optionor  will  perform  the Work Program and provide an engineering
report  that  satisfies  Wet  Coast within two months of his completing the Work
Program  or  the  end  of  the  Work  Period,  whichever  is  earlier.

<PAGE>

5.     Wet  Coast may transfer, assign, grant an option to purchase or otherwise
alienate  its  rights  and  obligations  under  this  agreement.

6.     Wet  Coast  and  its  employees,  agents,  independent  contractors,  and
assignees  may  have  full  access  to  the  Property  during the Option Period.

7.     Wet  Coast  may  terminate  this  agreement at any time during the Option
Period  by  giving  written  notice  of its intention to terminate by fax to the
Optionor's fax number as soon as Wet Coast arrives at its decision to terminate.
No  monies already paid by Wet Coast under this agreement are refundable and Wet
Coast is entitled to no interest in the Property if this agreement is terminated
by  Wet  Coast  during  the  Option  Period.

8.     During  the  Option  Period,  the  Optionor  will:

(a)     do  nothing  that  might  adversely affect Wet Coast's rights under this
agreement,  and

(b)     keep the Property free and clear of any claims and in good standing with
applicable  government  authorities.

9.     During  the  Option  Period,  Wet  Coast  will:

(a)     conduct  all work on the Property in a careful and miner-like manner and
in  compliance  with  all  applicable  laws,  and

(b)     obtain  and  maintain and cause any contractor or sub-contractor engaged
under this agreement to obtain and maintain adequate insurance during any period
in  which  active  work  is  carried  out  on  the  Property.

10.     Each  party  represents  and  warrants  to  the  other  that:

(a)     it has the power and authority to carry on its business and to make this
agreement  and  any  agreement  that  is  contemplated  by  this  agreement, and

(b)     the  making of this agreement and any agreements contemplated by it does
not  violate  or  breach  its constating documents or the laws of any applicable
jurisdiction  and  has  been  authorized  by  its  board  of  directors.

11.     The  Optionor  represents  and  warrants  that:

(a)     title to the Property is free and clear of any claims or charges, either
actual,  pending  or  threatened,

(b)     the  Property  is  not  subject  to  any  order or direction relating to
environmental  matters  that  requires  any  action,

(c)     he has the exclusive right to make this agreement, and to dispose of the
Interest  in  the  Property  in  accordance  with  the  terms of this agreement.

<PAGE>

12.     The  representations  and  warranties  of  the parties are conditions on
which  the  parties  have  relied  in  making  this  agreement  and  survive the
exercising  of  the  Option.

13.     The  Optionor  acknowledges  that this agreement was prepared by Jeffs &
Company, Law Corporation, on behalf of and solely for Wet Coast, and that it may
contain  terms  and  conditions onerous to the Optionor.  The Optionor expressly
acknowledges  that Wet Coast has given the Optionor adequate time to review this
agreement  and to seek and obtain independent legal advice, and he represents to
Wet  Coast  that he has in fact sought and obtained independent legal advice and
is  satisfied  with  all  of  the  terms  and  conditions  of  this  agreement.

14.     This  agreement  contains  the  entire  agreement  among the parties and
supersedes  all  earlier representations, understandings and agreements, whether
written or oral, express or implied, that might have lead to the parties' making
this  agreement.

15.     The  parties  will  sign any document and do anything within their power
that  is  necessary  to  implement  the  terms  of  this  agreement.

16.     Time  is  of  the essence of this agreement and is of the essence of any
amendments  to  this  agreement  unless  its essence is waived in the amendment.

17.     This  agreement  is governed by the laws of British Columbia and must be
litigated  in  the  courts  of  British  Columbia.

18.     This  agreement  enures  to the benefit of and is binding on the parties
and  their  respective  successors  and  permitted  assigns.

19.     This  agreement  may  be executed in any number of separate counterparts
and delivered to the parties by fax.  The counterparts together are deemed to be
one  original  document.

THE  PARTIES'  SIGNATURES  below  are  evidence  of  their  agreement.

WET  COAST  CAPITAL  CORPORATION

Per:
     Authorized  Signatory

Signed  by  Gerry  Diakow  in  the  presence  of:

"Alita  M.  Cerra"          "Gerry  Diakow
------------------------    -------------------
Signature  of  Witness       Gerry  Diakow

Alita  M.  Cerra
Name  of  Witness

Address  of  Witness

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00006-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00006-of-00352.parquet"}]]