Document:

EXHIBIT 10.1

              OPTION AGREEMENT - WHEATON RIVER

THIS AGREEMENT is dated for reference the 21st day of January, 2002.

BETWEEN:

               GLEN MACDONALD
a British Columbia resident with an address at
               303-1334 Cardero Street
               Vancouver, British Columbia  V6G 2J3

               (the "Optionor")
OF THE FIRST PART

AND:
               HUDSON VENTURES, INC.
               a Nevada corporation with its registered address at
               50 West Liberty Street, Suite 880
               Reno, Nevada  89501

               ("Hudson")
OF SECOND PART

WHEREAS:

A.   The  Optionor  is the owner of an undivided 100% right,  title  and
interest in and to mineral claims described in this Agreement;

B.   Hudson  wishes to acquire the option to acquire a 90%  interest  in
the  Optionor's property on the terms and subject to the conditions
contained in this Agreement;

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

1.   DEFINITIONS

1.1  In  this  Agreement, the following terms will have the meaning  set
forth below:

     (A)  "Exploration  and  Development" means any and  all  activities
comprising or undertaken in connection with the exploration and
development of the Property, the construction of a mine and mining
facilities on or in proximity to the Property and placing the
Property into commercial production;

     (B)  "Property" means and includes:

     (i)  the mining claims in the Whitehorse Mining District of Yukon
Territory listed in Schedule A to this Agreement; and

     (ii) all rights and appurtenances pertaining to the mining claims
listed in Schedule A, including all water and water rights, rights of
way, and easements, both recorded and unrecorded, to which the Optionor
is entitled;

     (C)  "Property Expenditures" means all reasonable and necessary
monies expended on or in connection with Exploration and Development as
determined in accordance with generally accepted accounting
principles including, without limiting the generality of the
foregoing:

(i)  the cost of entering upon, surveying, prospecting and drilling on
the Property;

(ii) the cost of any geophysical, geochemical and geological reports or
surveys relating to the Property;

(iii)all filing and other fees and charges necessary or advisable
to keep the Property in good standing with any regulatory authorities
having jurisdiction;

iv) all rentals, royalties, taxes (exclusive of all income taxes and
mining taxes based on income and which are or may be assessed against
any of the parties hereto) and any assessments whatsoever, whether the
same constitute charges on the Property or arise as a result of the
operation thereon;

(v)  the cost, including rent and finance charges, of all buildings,
machinery, tools, appliances and equipment and related capital items
that may be erected, installed and used from time to time in
connection with Exploration and Development;

(vi) the cost of construction and maintenance of camps required for
Exploration and Development;

(vii)     the cost of transporting persons, supplies, machinery and
equipment in connection with Exploration and Development;

(viii)all wages and salaries of persons engaged in Exploration and
Development and any assessments or levies made under the authority
of any regulatory body having jurisdiction with respect to such
persons or supplying food, lodging and other reasonable needs for
such persons;

(ix) all costs of consulting and other engineering services including
report preparation;

(x)  the cost of compliance with all statutes, orders and regulations
respecting environmental reclamation, restoration and other like work
required as a result of conducting Exploration and Development; and

(xi) all  costs  of searching for, digging, working, sampling,
transporting, mining and procuring diamonds, other minerals, ores, and
metals from and out of the Property;

2.   OPTION

2.1  The Optionor hereby grants to Hudson the exclusive right and option
to acquire an undivided 90% right, title and interest in and to the
Property (the "Option") for total consideration consisting of a 1% Net
Smelter Return attached as schedule "C" hereto, cash payments to the
Optionor totaling $7,500 US and the incurrence of Property Expenditures
totaling $195,000 US to be made as follows:

(A)  upon execution of this Agreement, the payment to the Optionor of
the sum of $2,500 US, which amount will be refundable pending delivery
of the Geological Report in a form acceptable to Hudson;

(B)  upon delivery of the Geological Report in a form acceptable to
Hudson, the payment to the Optionor of the sum of $5,000 US;

(C)  by December 31, 2002, the incurrence of Property Expenditures in
the amount of $15,000 US;

(D)  by December 31, 2003, the incurrence of Property Expenditures in
the further amount of $180,000 US for total aggregate Property
Expenditures of $195,000 by December 31, 2003, provided that any
Property Expenditures incurred prior to December 31, 2002 which are in
excess of $15,000 will be applied to the further required amount of
$180,000.

The  Optionor  will  prepare a geological report on  the  Property  (the
"Geological Report") and will deliver the Geological Report to Hudson by
not later than February 1, 2002.  If the Geological Report is acceptable
to  Hudson, then Hudson will be required to make the payment required by
Paragraph  2.1(B)  in order to maintain the Option.  If  the  Geological
Report  is  not  acceptable to Hudson, then Hudson will give  notice  of
termination  of  this Agreement to the Optionor and  the  Optionor  will
refund  to  Hudson the amount paid on account of the Option pursuant  to
Paragraph 2.1(A).

Upon making the cash payments and Property Expenditures as specified  in
Paragraph 2.1, Hudson shall have acquired an undivided 90% right,  title
and interest in and to the Property.

This  Agreement is an option only and the doing of any act or the making
of  any  payment by Hudson shall not obligate Hudson to do  any  further
acts or make any further payments.

3.   TRANSFER OF TITLE

3.1  Upon  execution  of  this Agreement, Hudson shall  be  entitled  to
record this Agreement against title to the Property.

3.2  Upon  making  the  cash  payments  and  Property  Expenditures as
specified in Paragraph 2.1, the Optionor shall deliver to Hudson a duly
executed  bill  of sale or quit claim deed and such other executed
documents of transfer as required, in the opinion of Hudson's lawyers,
for the transfer of an undivided 90% interest in the Property to Hudson.

4.   JOINT VENTURE

4.1  Upon  Hudson  acquiring  an interest in the  Property  pursuant  to
paragraph 2.1, the Optionor and Hudson agree to join and participate in
a single purpose joint venture ( the "Joint Venture") for the purpose of
further exploring and developing and, if economically and politically
feasible, constructing and operating a mine on the Property.  The Joint
Venture shall be governed by an agreement which shall be in the form of
joint venture agreement attached as Schedule B hereto.

5.   RIGHT OF ENTRY

5.1  During the currency of this Agreement, Hudson, its servants, agents
and workmen and any persons duly Authorized by Hudson, shall have the
right of access to and from and to enter upon and take possession of and
prospect, explore and develop the Property in such manner as Hudson in
its sole discretion may deem advisable for the purpose of incurring
Property Expenditures as contemplated by Section 2, and shall have the
right to remove and ship therefrom ores, minerals, metals, or other
products recovered in any manner therefrom.

6.       COVENANTS OF HUDSON

6.1  Hudson covenants and agrees that:

(A)  during the term of this Agreement, Hudson shall keep the Property
clear of all liens, encumbrances and other charges and shall keep the
Optionor indemnified in respect thereof;

(B)  Hudson shall carry on all operations on the Property in a good and
workmanlike manner and in compliance with all applicable governmental
regulations and restrictions including but not limited to the posting of
any reclamation bonds as may be required by any governmental regulations
or regulatory authorities;

(C)  during the term of the option herein, Hudson shall pay or cause to
be paid any rates, taxes, duties, royalties, workers' compensation or
other assessments or fees levied with respect to its operations thereon
and in particular Hudson shall pay the yearly claim maintenance payments
necessary to maintain the claims in good standing;

(D)  Hudson  shall  maintain books of account  in  respect  of  its
expenditures and operations on the Property and, upon reasonable notice,
shall make such books available for inspection by representatives of the
Optionor;

(E)  Hudson shall allow any duly Authorized agent or representative of
the Optionor to inspect the Property at reasonable times and intervals
and upon reasonable notice given to Hudson, provided however, that it is
agreed and understood that any such agent or representative shall be at
his own risk in respect of, and Hudson shall not be liable for, any
injury incurred while on the Property, howsoever caused;

(F)  Hudson shall allow the Optionor access at reasonable times to all
maps, reports, sample results and other technical data prepared or
obtained by Hudson in connection with its operations on the Property;

(G)  Hudson shall indemnify and save the Optionor harmless of and from
any and all costs, claims, loss and damages whatsoever incidental to or
arising out of any work or operations carried out by or on behalf of
Hudson on the Property, including any liability of an environmental
nature.

7.   REPRESENTATIONS AND WARRANTIES

7.1  The Optionor hereby represents and warrants that:

(A)  the Property is in good standing with all regulatory authorities
having jurisdictions and all required claim maintenance payments have
been made;

(B)  it has not done anything whereby the mineral claims comprising the
Property may be in any way encumbered;

(C)  it  has full corporate power and authority to enter into  this
Agreement and the entering into of this Agreement does not conflict with
any applicable laws or with its charter documents or any contract or
other commitment to which it is party; and

(D)  the execution of this Agreement and the performance of its terms
have been duly Authorized by all necessary corporate actions including
the resolution of its Board of Directors.

7.2  Hudson hereby represents and warrants that:

(A)  it  has full corporate power and authority to enter into  this
Agreement and the entering into of this Agreement does not conflict with
any applicable laws or with its charter documents or any contract or
other commitment to which it is party; and

(B)  the execution of this Agreement and the performance of its terms
have been duly Authorized by all necessary corporate actions including
the resolution of its Board of Directors.

8.   ASSIGNMENT

8.1  With  the  consent of the other party, which consent shall  not  be
unreasonably withheld, Hudson and the Optionor has the right to assign
all  or  any part of its interest in this Agreement and or  in  the
Property, subject to the terms and conditions of this Agreement.  It
shall be a condition precedent to any such assignment that the assignee
of the interest being transferred agrees to be bound by the terms of
this Agreement, insofar as they are applicable.

9.   CONFIDENTIALITY OF INFORMATION

9.1  Each  of  Hudson  and the Optionor shall treat all  data,  reports,
records and other information of any nature whatsoever relating to this
Agreement  and  the  Property as confidential,  except  where  such
information must be disclosed for public disclosure requirements of a
public company.

10.  TERMINATION

10.1 Until such time as Hudson has acquired an undivided 90% interest in
the Property pursuant to Section 2, this Agreement shall terminate upon
any of the following events:

     (A)  upon the failure of Hudson to make a payment or incur Property
Expenditures required by and within the time limits prescribed by
Paragraph 2.1;

     (B)  in the event that Hudson, not being at the time in default
under any provision of this Agreement, gives 30 day's written notice to
the Optionor of the termination of this Agreement;

     (C)  in  the event that Hudson shall fail to comply with any of its
obligations hereunder, other than the obligations contained in Paragraph
2.1, and subject to Paragraph 11.1,  and within 30 days of receipt by
Hudson of written notice from the Optionor of such default, Hudson has
not:

          (i)  cured such default, or commenced proceedings to cure such
default and prosecuted same to completion without undue delay; or

          (ii) given the Optionor notice that it denies that such
default has occurred.

     (D)  delivery of notice of termination by Hudson pursuant to
Paragraph 2.1 in the event the Geological Report is not acceptable;

In  the event that Hudson gives notice that it denies that a default has
occurred,  Hudson shall not be deemed in default until the matter  shall
have been determined finally through such means of dispute resolution as
such matter has been subjected to by either party.

10.2 Upon  termination of  this Agreement under Paragraph 10.1,   Hudson
shall:

     (A)  transfer any interest in title to the Property, in good
standing to the Optionor free and clear of all liens, charges, and
encumbrances;

     (B)  turn  over to the Optionor copies of all maps, reports, sample
results, contracts and other data and documentation in the possession of
Hudson or, to the extent within Hudson's control, in the possession of
its agents, employees or  independent contractors, in connection with
its operations on the Property; and

     (C)  ensure that the Property is in a safe condition and complies
with all environmental and safety standards imposed by any duly
authorized regulatory authority.

10.3 Upon the termination of this Agreement under Paragraph 10.1, Hudson
shall cease to be liable to the Optionor in debt, damages or otherwise
save for the performance of those of its obligations which theretofore
should have been performed, including those obligations in Paragraph
10.2.
10.4 Upon  termination  of  this  Agreement,  Hudson  shall  vacate  the
Property within a reasonable time after such termination, but shall have
the  right  of  access to the Property for a period of  six  months
thereafter  for  the  purpose of removing its chattels,  machinery,
equipment and fixtures.

11.  FORCE  MAJEURE

11.1 The  time for performance of any act or making any payment  or  any
expenditure required under this Agreement shall be extended by  the
period of any delay or inability to perform due to fire, strikes, labor
disturbances, riots, civil commotion, wars, acts of God, any present or
future  law  or governmental regulation, any shortages  of  labor,
equipment or materials, or any other cause not reasonably within the
control of the party in default, other than lack of finances.

12.  REGULATORY APPROVAL

12.1 If  this  Agreement  is  subject  to  the  prior  approval  of  any
securities regulatory bodies, then the parties shall use their best
efforts to obtain such regulatory approvals.

13.  NOTICES

13.1 Any  notice,  election,  consent  or  other  writing  required   or
permitted to be given hereunder shall be deemed to be sufficiently given
if delivered or mailed postage prepaid or if given by telegram, telex or
telecopier, addressed as follows:

     In the case of the Optionor:

Glen Macdonald
303-1334 Cardero Street
Vancouver,      British      Columbia
Canada  V6G 2J3
Telecopier: (604) 852-6201

      In the case of Hudson :
Hudson Ventures, Inc.
444 E. Columbia Street
New Westminster, BC
Canada  V3L 3W9
Telecopier: (604) 519-1681

and  any  such  notice given as aforesaid shall be deemed to  have  been
given  to the parties hereto if delivered, when delivered, or if mailed,
on  the  third  business  day following the  date  of  mailing,  or,  if
telegraphed, telexed or telecopied, on the same day as the telegraphing,
telexing or telecopying thereof PROVIDED HOWEVER that during the  period
of  any postal interruption in Canada any notice given hereunder by mail
shall  be  deemed  to  have been given only as of  the  date  of  actual
delivery  of  the same.  Any party may from time to time  by  notice  in
writing change its address for the purposes of this Paragraph 13.1.

14.  GENERAL TERMS AND CONDITIONS

14.1 The parties hereto hereby covenant and agree that they will execute
such further agreements, conveyances and assurances as may be requisite,
or which counsel for the parties may deem necessary to effectually carry
out the intent of this Agreement.

14.2 This  Agreement shall constitute the entire agreement  between  the
parties with respect to the Property.  No representations or inducements
have been made save as herein set forth.  No changes, alterations or
modifications of this Agreement shall be binding upon either party until
and unless a memorandum in writing to such effect shall have been signed
by all parties hereto.  This Agreement shall supersede all previous
written, oral or implied understandings between the parties with respect
to the matters covered hereby.

14.3 Time shall be of the essence of this Agreement.

14.4 The titles to the sections in this Agreement shall not be deemed to
form part of this Agreement but shall be regarded as having been used
for convenience of reference only.

14.5 Unless  otherwise noted, all currency references contained in  this
Agreement shall be deemed to be references to United States funds.

14.6 Wherever  possible,  each  provision of  this  Agreement  shall  be
interpreted in such manner as to be effective and valid under applicable
law, but if any provision shall be prohibited by or be invalid under
applicable law, such provision shall be ineffective only to the extent
of such prohibition or invalidity, without invalidating the remainder of
such provision or the remaining provisions of this Agreement.

14.7 The  Schedules to this Agreement shall be construed with and as  an
integral part of this Agreement to the same extent as if they were set
forth verbatim herein.

14.8 Defined  terms  contained in this Agreement  shall  have  the  same
meanings where used in the Schedules.

14.9 This  Agreement shall be governed by and interpreted in  accordance
with the laws of British Columbia and the laws of Canada applicable
therein.

14.10      This  Agreement shall inure to the benefit of and be  binding
upon  the  parties  hereto and their respective  heirs,  executors,
administrators, successors and assigns.

WITNESS  WHEREOF this Agreement has been executed by the parties  hereto
as of the day and year first above written.

GLEN MACDONALD

_/S/ GLEN MACDONALD________
Signature of Authorized Signatory

______________________________
Name of Authorized Signatory

______________________________
Position of Authorized Signatory

HUDSON VENTURES, INC.
by its Authorized signatory:

__/S/ DANA UPTON_____
Signature of Authorized Signatory

______________________________
Name of Authorized Signatory

___PRESIDENT________
Position of Authorized Signatory

                               SCHEDULE "A"

PROPERTY DESCRIPTION

                                NTS 105 D-6
               Latitude 60 16' North, Longitude 135 06' West
                        WHITEHORSE MINING DISTRICT
                              YUKON TERRITORY
                                  CANADA

List of Claims

     CLAIM NAME          GRANT NUMBERS       CURRENT EXPIRY DATE

      AAV  1-9          YC  19166 - 174        AUGUST 19, 2002

                        SCHEDULE "B"

                    JOINT VENTURE AGREEMENT

                              SCHEDULE "C"

                            NET SMELTER RETURNS

For the purposes of this agreement, the term "Net Smelter Returns" shall
mean the net proceeds actually paid to Hudson from the sale by Hudson of
minerals mined and removed from the Property, after deduction of the
following:

     (a)  smelting costs, treatment charges and penalties including, but
not being limited to, metal losses, penalties for impurities and charges
for refining, selling and handling by the smelter, refinery or other
purchaser;  provided, however, in the case of leaching operations or
other solution mining or beneficiation techniques, where the metal being
treated is precipitated or otherwise directly derived from such leach
solution, all processing and recovery costs incurred by Hudson, beyond
the point at which the metal being treated is in solution, shall be
considered as treatment charges;

     (b)  costs of handling, transporting and insuring ores, minerals
and other materials or concentrates from the Property or from a
concentrator, whether situated on or off the Property, to a smelter,
refinery or other place of treatment; and

      (c)  ad valorem taxes and taxes based upon production, but not
income taxes.

In the event Hudson commingles minerals from the Property with minerals
from other properties, Hudson shall establish procedures, in accordance
with sound mining and metallurgical techniques, for determining the
proportional amount of the total recoverable metal content in the
commingled minerals attributable to the input from each of the
properties by calculating the same on a metallurgical basis, in
accordance with sampling schedules and mining efficiency experience, so
that production royalties applicable to minerals produced from the
Property may reasonably be determined.Exhibit 10.2

             OPTION AGREEMENT - McCONNELL RIVER

THIS AGREEMENT is dated for reference the 22 day of January, 2002.

BETWEEN:

               GLEN MACDONALD
a British Columbia resident with an address at
               303-1334 Cardero Street
               Vancouver, British Columbia  V6G 2J3

               (the "Optionor")
OF THE FIRST PART

AND:
               HUDSON VENTURES, INC.
               a Nevada corporation with its registered address at
               50 West Liberty Street, Suite 880
               Reno, Nevada  89501

               ("Hudson")
OF SECOND PART

WHEREAS:

A.   The  Optionor  is the owner of an undivided 100% right,  title  and
interest in and to mineral claims described in this Agreement;

B.   Hudson  wishes to acquire the option to acquire a 90%  interest  in
the  Optionor's property on the terms and subject to the conditions
contained in this Agreement;

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

1.  DEFINITIONS

1.1 In  this  Agreement, the following terms will have the meaning  set
     forth below:

     (A)  "Exploration  and  Development" means any and  all  activities
comprising or undertaken in connection with the exploration and
development of the Property, the construction of a mine and mining
facilities on or in proximity to the Property and placing the Property
into commercial production;

     (B)  "Property" means and includes:

     (i)     the mining claims in the Watson Lake Mining District of
Yukon Territory listed in Schedule A to this Agreement; and

     (ii) all rights and appurtenances pertaining to the mining claims
listed in Schedule A, including all water and water rights, rights of
way, and easements, both recorded and unrecorded, to which the Optionor
is entitled;

     (B)  "Property Expenditures" means all reasonable and necessary
monies expended on or in connection with Exploration and Development as
determined in accordance with generally accepted accounting principles
including, without limiting the generality of the foregoing:

     (iii)     the cost of entering upon, surveying, prospecting and
drilling on the Property;

     (iv)    the cost of any geophysical, geochemical and geological
     reports or surveys relating to the Property;

     (v)     all filing and other fees and charges necessary or
advisable to keep the Property in good standing with any regulatory
authorities having jurisdiction;

     (vi) all rentals, royalties, taxes (exclusive of all income taxes
and mining taxes based on income and which are or may be assessed
against any of the parties hereto) and any assessments whatsoever,
whether the same constitute charges on the Property or arise as a result
of the operation thereon;

      (vii)     the cost, including rent and finance charges, of all
      buildings, machinery, tools, appliances and equipment and related
      capital items that may be erected, installed and used from time to
time in connection with Exploration and Development;

      (viii)    the cost of construction and maintenance of camps
required for Exploration and Development;

      (ix)   the cost of transporting persons, supplies, machinery and
 equipment in connection with Exploration and Development;

      (x)     all wages and salaries of persons engaged in Exploration
and Development and any assessments or levies made under the authority
of any regulatory body having jurisdiction with respect to such persons
or supplying food, lodging and other reasonable needs for such persons;

      (xi) all costs of consulting and other engineering services
including report preparation;

      (xii)     the cost of compliance with all statutes, orders and
      regulations respecting environmental reclamation, restoration and
other like work required as a result of conducting Exploration and
Development; and

      (xiii)    all costs of searching for, digging, working, sampling,
 transporting, mining and procuring diamonds, other minerals, ores, and
 metals from and out of the Property;

2.  OPTION

2.1 The Optionor hereby grants to Hudson the exclusive right and option
 to acquire an undivided 90% right, title and interest in and to the
 Property (the "Option") for total consideration consisting of cash
 payments to the Optionor totaling $2,500 US and the incurrence  of
 Property Expenditures totaling $25,000 US to be made as follows:

     (A)  upon execution of this Agreement, the payment to the Optionor
of the sum of $2,500 US, which amount will be refundable pending
delivery of the Geological Report in a form acceptable to Hudson no
later than February 1, 2002;

     (B)  by June 30, 2003, the incurrence of Property Expenditures in
the amount of $25,000 US;

Upon making the cash payments and Property Expenditures as specified  in
Paragraph 2.1, Hudson shall have acquired an undivided 90% right,  title
and interest in and to the Property.

This Agreement is an option only and the doing of any act or the making
of  any  payment by Hudson shall not obligate Hudson to do  any  further
acts or make any further payments.

3.  TRANSFER OF TITLE

3.1 Upon  execution  of  this Agreement, Hudson shall  be  entitled  to
     record this Agreement against title to the Property.

3.2 Upon  making  the  cash  payments  and  Property  Expenditures   as
     specified in Paragraph 2.1, the Optionor shall deliver to Hudson a
duly executed  bill  of sale or quit claim deed and such other  executed
documents of transfer as required, in the opinion of Hudson's lawyers,
for the transfer of an undivided 90% interest in the Property to Hudson.

4.  JOINT VENTURE

4.1 Upon  Hudson  acquiring  an interest in the  Property  pursuant  to
     paragraph 2.1, the Optionor and Hudson agree to join and
participate in a single purpose joint venture ( the "Joint Venture") for
the purpose of further exploring and developing and, if economically and
politically feasible, constructing and operating a mine on the Property.
The Joint Venture shall be governed by an agreement which shall be in
the form of joint venture agreement attached as Schedule B hereto.

5.  RIGHT OF ENTRY

5.1 During the currency of this Agreement, Hudson, its servants, agents
     and workmen and any persons duly Authorized by Hudson, shall have
the right of access to and from and to enter upon and take possession of
and prospect, explore and develop the Property in such manner as Hudson
in its sole discretion may deem advisable for the purpose of incurring
Property Expenditures as contemplated by Section 2, and shall have the
right to remove and ship therefrom ores, minerals, metals, or other
products recovered in any manner therefrom.

          [ The balance of this page left intentionally blank]
6.      COVENANTS OF HUDSON

6.1 Hudson covenants and agrees that:

(A)  during the term of this Agreement, Hudson shall keep the Property
     clear of all liens, encumbrances and other charges and shall keep
the Optionor indemnified in respect thereof;

(B)  Hudson shall carry on all operations on the Property in a good and
     workmanlike manner and in compliance with all applicable
governmental regulations and restrictions including but not limited to
the posting of any reclamation bonds as may be required by any
governmental regulations or regulatory authorities;

(C)  during the term of the option herein, Hudson shall pay or cause to
     be paid any rates, taxes, duties, royalties, workers' compensation
or other assessments or fees levied with respect to its operations
thereon and in particular Hudson shall pay the yearly claim maintenance
payments necessary to maintain the claims in good standing;

(D)  Hudson  shall  maintain books of account  in  respect  of  its
     expenditures and operations on the Property and, upon reasonable
notice, shall make such books available for inspection by
representatives of the Optionor;

(E)  Hudson shall allow any duly Authorized agent or representative of
     the Optionor to inspect the Property at reasonable times and
intervals and upon reasonable notice given to Hudson, provided however,
that it is agreed and understood that any such agent or representative
shall be at his own risk in respect of, and Hudson shall not be liable
for, any injury incurred while on the Property, howsoever caused;

(F)  Hudson shall allow the Optionor access at reasonable times to all
     maps, reports, sample results and other technical data prepared or
     obtained by Hudson in connection with its operations on the
Property;

(G)  Hudson shall indemnify and save the Optionor harmless of and from
     any and all costs, claims, loss and damages whatsoever incidental
to or arising out of any work or operations carried out by or on behalf
of Hudson on the Property, including any liability of an environmental
nature.

7.  REPRESENTATIONS AND WARRANTIES

7.1 The Optionor hereby represents and warrants that:

     (A)  the Property is in good standing with all regulatory
authorities having jurisdictions and all required claim maintenance
payments have been made;

     (B)  it has not done anything whereby the mineral claims comprising
the Property may be in any way encumbered;

     (C)  it  has full corporate power and authority to enter into  this
Agreement and the entering into of this Agreement does not conflict with
any applicable laws or with its charter documents or any contract or
other commitment to which it is party; and

     (D)  the execution of this Agreement and the performance of its
terms have been duly Authorized by all necessary corporate actions
including the resolution of its Board of Directors.

21.2 Hudson hereby represents and warrants that:

     (C)  it  has full corporate power and authority to enter into  this
Agreement and the entering into of this Agreement does not conflict with
any applicable laws or with its charter documents or any contract or
     other commitment to which it is party; and

     (D)  the execution of this Agreement and the performance of its terms
have been duly Authorized by all necessary corporate actions including
     the resolution of its Board of Directors.

8.  ASSIGNMENT

8.1 With  the  consent of the other party, which consent shall  not  be
     unreasonably withheld, Hudson and the Optionor has the right to
assign all  or  any part of its interest in this Agreement and or  in
the Property, subject to the terms and conditions of this Agreement.  It
shall be a condition precedent to any such assignment that the assignee
of the interest being transferred agrees to be bound by the terms of
this Agreement, insofar as they are applicable.

9.  CONFIDENTIALITY OF INFORMATION

9.1 Each  of  Hudson  and the Optionor shall treat all  data,  reports,
     records and other information of any nature whatsoever relating to
this Agreement  and  the  Property as confidential,  except  where  such
information must be disclosed for public disclosure requirements of a
public company.

10.  TERMINATION

10.1 Until such time as Hudson has acquired an undivided 90% interest in
the Property pursuant to Section 2, this Agreement shall terminate upon
any of the following events:

     (A)  upon the failure of Hudson to make a payment or incur Property
Expenditures required by and within the time limits prescribed by
Paragraph 2.1;

     (B)  in the event that Hudson, not being at the time in default
under any provision of this Agreement, gives 30 day's written notice to
the Optionor of the termination of this Agreement;

     (C)  in  the event that Hudson shall fail to comply with any of its
obligations hereunder, other than the obligations contained in Paragraph
2.1, and subject to Paragraph 11.1,  and within 30 days of receipt by
Hudson of written notice from the Optionor of such default, Hudson has
not:

          (i)     cured such default, or commenced proceedings to cure
such default and prosecuted same to completion without undue delay; or

          (ii) given the Optionor notice that it denies that such
default has occurred.

     (D)  delivery of notice of termination by Hudson pursuant to
Paragraph 2.1 in the event the Geological Report is not acceptable;

In  the event that Hudson gives notice that it denies that a default has
occurred,  Hudson shall not be deemed in default until the matter  shall
have been determined finally through such means of dispute resolution as
such matter has been subjected to by either party.

10.2 Upon  termination of  this Agreement under Paragraph 10.1,   Hudson
shall:

     (A)  transfer any interest in title to the Property, in good
standing to the Optionor free and clear of all liens, charges, and
encumbrances;

     (B)  turn  over to the Optionor copies of all maps, reports, sample
results, contracts and other data and documentation in the possession of
Hudson or, to the extent within Hudson's control, in the possession of
its agents, employees or  independent contractors, in connection with
its operations on the Property; and

     (C)  ensure that the Property is in a safe condition and complies
with all environmental and safety standards imposed by any duly
authorized regulatory authority.

10.3 Upon the termination of this Agreement under Paragraph 10.1, Hudson
shall cease to be liable to the Optionor in debt, damages or otherwise
save for the performance of those of its obligations which theretofore
should have been performed, including those obligations in Paragraph
10.2.

10.4 Upon  termination  of  this  Agreement,  Hudson  shall  vacate  the
Property within a reasonable time after such termination, but shall have
the  right  of  access to the Property for a period of  six  months
thereafter  for  the  purpose of removing its chattels,  machinery,
equipment and fixtures.

11.  FORCE  MAJEURE

11.1 The  time for performance of any act or making any payment  or  any
expenditure required under this Agreement shall be extended by  the
period of any delay or inability to perform due to fire, strikes, labor
disturbances, riots, civil commotion, wars, acts of God, any present or
future  law  or governmental regulation, any shortages  of  labor,
equipment or materials, or any other cause not reasonably within the
control of the party in default, other than lack of finances.

12.  REGULATORY APPROVAL

12.1 If  this  Agreement  is  subject  to  the  prior  approval  of  any
securities regulatory bodies, then the parties shall use their best
efforts to obtain such regulatory approvals.

13.  NOTICES

13.1 Any  notice,  election,  consent  or  other  writing  required   or
permitted to be given hereunder shall be deemed to be sufficiently given
if delivered or mailed postage prepaid or if given by telegram, telex or
telecopier, addressed as follows:

     In the case of the Optionor:
         Glen Macdonald
         303-1334 Cardero Street
         Vancouver, British Columbia
         Canada  V6G 2J3
         Telecopier: (604) 852-6201

     In the case of Hudson :
      Hudson Ventures, Inc.
        444 E. Columbia Street
        New Westminster, BC
        Canada  V6M 2Z2
      Telecopier: (604) 519-1681

and  any  such  notice given as aforesaid shall be deemed to  have  been
given  to the parties hereto if delivered, when delivered, or if mailed,
on  the  third  business  day following the  date  of  mailing,  or,  if
telegraphed, telexed or telecopied, on the same day as the telegraphing,
telexing or telecopying thereof PROVIDED HOWEVER that during the  period
of  any postal interruption in Canada any notice given hereunder by mail
shall  be  deemed  to  have been given only as of  the  date  of  actual
delivery  of  the same.  Any party may from time to time  by  notice  in
writing change its address for the purposes of this Paragraph 13.1.

14.  GENERAL TERMS AND CONDITIONS

14.1 The parties hereto hereby covenant and agree that they will execute
such further agreements, conveyances and assurances as may be requisite,
or which counsel for the parties may deem necessary to effectually
carryout the intent of this Agreement.

14.2 This  Agreement shall constitute the entire agreement  between  the
parties with respect to the Property.  No representations or inducements
have been made save as herein set forth.  No changes, alterations or
modifications of this Agreement shall be binding upon either party until
and unless a memorandum in writing to such effect shall have been signed
by all parties hereto.  This Agreement shall supersede all previous
written, oral or implied understandings between the parties with respect
to the matters covered hereby.

14.3 Time shall be of the essence of this Agreement.

14.4 The titles to the sections in this Agreement shall not be deemed to
form part of this Agreement but shall be regarded as having been used
for convenience of reference only.

14.5 Unless  otherwise noted, all currency references contained in  this
Agreement shall be deemed to be references to United States funds.

14.6 Wherever  possible,  each  provision of  this  Agreement  shall  be
interpreted in such manner as to be effective and valid under applicable
law, but if any provision shall be prohibited by or be invalid under
applicable law, such provision shall be ineffective only to the extent
of such prohibition or invalidity, without invalidating the remainder of
such provision or the remaining provisions of this Agreement.

14.7 The  Schedules to this Agreement shall be construed with and as  an
integral part of this Agreement to the same extent as if they were set
forth verbatim herein.

14.8 Defined  terms  contained in this Agreement  shall  have  the  same
meanings where used in the Schedules.

14.9 This  Agreement shall be governed by and interpreted in  accordance
with the laws of British Columbia and the laws of Canada applicable
therein.

14.10      This  Agreement shall inure to the benefit of and be  binding
upon  the  parties  hereto and their respective  heirs,  executors,
administrators, successors  and assigns.

WITNESS  WHEREOF this Agreement has been executed by the parties  hereto
as of the day and year first above written.

GLEN MACDONALD

__/S/ GLEN MACDONALD_____
Signature of Authorized Signatory

______________________________
Name of Authorized Signatory

______________________________
Position of Authorized Signatory

HUDSON VENTURES, INC.
by its Authorized signatory:

__/S/ DANA UPTON_____________
Signature of Authorized Signatory

______________________________
Name of Authorized Signatory

__PRESIDENT__________________
Position of Authorized Signatory

                               SCHEDULE "A"

PROPERTY DESCRIPTION

                               NTS 105 F-10
               Latitude 61 35' North, Longitude 132 35' West
                        WATSON LAKE MINING DISTRICT
                              YUKON TERRITORY
                                  CANADA

List of Claims

     CLAIM NAME          GRANT NUMBERS       CURRENT EXPIRY DATE

       B1-B4          YB 92568 - YB 92571       JUNE 17, 2003
  McConnell River      Claim Plan 105F-10
      District         Watson Lake Mining
                            District

                        SCHEDULE "B"

                            NET SMELTER RETURNS

For the purposes of this agreement, the term "Net Smelter Returns" shall
mean the net proceeds actually paid to Hudson from the sale by Hudson of
minerals mined and removed from the Property, after deduction of the
following:

     (a)  smelting costs, treatment charges and penalties including, but
not being limited to, metal losses, penalties for impurities and charges
for refining, selling and handling by the smelter, refinery or other
purchaser;  provided, however, in the case of leaching operations or
other solution mining or beneficiation techniques, where the metal being
treated is precipitated or otherwise directly derived from such leach
solution, all processing and recovery costs incurred by Hudson, beyond
the point at which the metal being treated is in solution, shall be
considered as treatment charges;

     (b)  costs of handling, transporting and insuring ores, minerals
and other materials or concentrates from the Property or from a
concentrator, whether situated on or off the Property, to a smelter,
refinery or other place of treatment; and

     (c)  ad valorem taxes and taxes based upon production, but not
income taxes.

In the event Hudson commingles minerals from the Property with minerals
from other properties, Hudson shall establish procedures, in accordance
with sound mining and metallurgical techniques, for determining the
proportional amount of the total recoverable metal content in the
commingled minerals attributable to the input from each of the
properties by calculating the same on a metallurgical basis, in
accordance with sampling schedules and mining efficiency experience, so
that production royalties applicable to minerals produced from the
Property may reasonably be determined.

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