Document:

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                                                                   EXHIBIT 10.34

                               PURCHASE, SALE AND
                                OPTION AGREEMENT

     This is a Purchase, Sale and Option Agreement (the "Agreement") between
Titanium Resources Group Ltd. ("TRG") and Nord Resources Corporation ("Nord"),
and is made effective as of August 3, 2005 (the "Effective Date"). In
consideration of the following terms, and for other good and valuable
consideration the receipt and sufficiency of which are hereby acknowledged, the
parties, intending to be legally bound, hereby agree as follows:

     1. For US $200,000, plus the entire amount of the Fixed Dividend Payment
set forth in Section 9 below (collectively, the "Initial Price"), TRG hereby
purchases from Nord, and Nord hereby sells to TRG, (a) a separable and divided
2/15 interest in the B Share (the "B Share") issued to Nord by SRL Acquisition
No. 1 Limited ("SRL"), and (b) an Option (the "Option") to purchase all, but not
less than all, of the remaining 13/15 interest in the B Share for a price (the
"Exercise Price") of US $1,300,000 on or before December 15, 2005 (the
"Expiration Date"). In the event that Nord does not receive payment of the
Initial Price from TRG by 5:00 P.M., Pacific Time, on August 17, 2005, (the
"Initial Payment Date"), the offer to sell any portion of the B Share to TRG
shall be revoked, and this Agreement shall be null and void. Timely payment is a
condition of this offer and Nord shall have no obligation to accept any payment
made after any deadline set within this Agreement. Confirmation of the wire
transfer of the Initial Price by TRG to the location designated by Nord, shall
constitute receipt of payment of the Initial Price.

     2. If the Option is not exercised and the Exercise Price not paid by 5:00
PM Pacific Time on the Expiration Date, then all rights of TRG in this
Agreement, save and except the 2/15 interest in the B Share as defined in this
Agreement and transferred to TRG after having made payment to Nord in the amount
of the Initial Price, shall immediately cease, including without limitation the
right to exercise the Option.

     3. Upon payment of the full amount of the Initial Price by TRG to Nord,
Nord shall assign, transfer and convey to TRG a 2/15 interest in the B Share,
including the right to a proportionate share of any Fixed Dividend Payment (as
defined in Section 9 of this Agreement) which may be or become declared, due and
payable by SRL from and after the Initial Payment Date. Upon Nord's timely
receipt of payment by TRG of the Exercise Price as provided for in

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Section 6 below, and provided the Initial Payment has been timely received by
Nord, Nord shall assign, transfer and convey to TRG its remaining 13/15 interest
in the B Share.

     4. Each party hereby agrees that it consents to any act of the other which
occurred prior to the Effective Date, to the extent such act required the
consent of the other (or any of the others affiliates or subsidiary companies),
in accordance with the Shareholder's Agreement or Memo and Articles of
Association of SRL, provided, however, that nothing in this Agreement shall be
deemed to constitute a consent by Nord to any act which is designed to impair,
destroy, alter or modify any of the rights, preferences, privileges,
restrictions or any other material term of, or arising out of the B Share, or
which would have the effect of doing any of the foregoing and further provided
that neither party has consented to any act of the other which in any way would
expose the consenting party to any claim or liability to any third party. Each
party indemnities and holds the other harmless against any such claims or
liability by any third party.

     5. The parties agree that TRG's exercise of the Option and timely payment
of both the Initial Price and the Exercise Price shall: (a) constitute a
complete, full, and final termination of any and all agreements and obligations
of each party (or any of its affiliates, parent or subsidiary companies) to each
other; and (b) constitute a full and complete release of any and all claims or
causes of action that either party may have against the other for activities or
events which occurred before the Effective Date.

     6. TRG may exercise the Option by sending signed, written notice of such
election to counsel for Nord, August Law Group, P.C., attn: Kenneth S. August,
by telefacsimile at (949) 752-7776 at any time through and including the
Expiration Date. The Exercise Price shall be paid within five (5) business days
of the sending of such notice of election to exercise the Option.

     7. Nord agrees that upon exercise of the Option and Nord's timely receipt
of the full amount of the Initial Price and the Exercise Price, SRL Acquisition
No. 1 Limited is authorized and directed to transfer Nord's B Share to TRG it
being appointed as attorney in fact for Nord to effectuate this transfer.

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     8. This Agreement is governed by the laws of the State of Texas, and any
action arising out of this Option Agreement shall be brought in a court of
competent jurisdiction in Dallas County, Texas.

     9. Simultaneously with TRG's payment of the $200,000 to Nord as provided in
Section 1 of this Agreement, TRG agrees that it shall pay to Nord all accrued
and unpaid Fixed Dividends (as such term is defined in SRL'S Articles of
Association, attached as an Exhibit to the Sales and Purchase Agreement, dated
June 15, 1999, by and among Nord, M.I.L. (Investments) S.A.R.L., and SRL), plus
accrued interest at the rate of LIBOR rate plus six percent (6%) (the "Fixed
Dividend Payment"). TRG represents and warrants to Nord that as of August 17,
2005, the Fixed Dividend Payment due and owing to Nord will be US$100,002.41,
and other than the Fixed Dividend Payment, there is no other outstanding
amounts, payments, monies or other obligations due and owing to Nord from SRL by
virtue of or arising out of Nord's ownership of the B Share or the agreements,
documents or instruments pertaining thereto to which Nord is a party or by which
it is bound or governed. The parties hereto acknowledge and agree that,
notwithstanding anything contained in this Agreement, Nord's rights, privileges
and preferences in respect of the B Share, including without limitation its
right to receive Fixed Dividends thereupon, is separate and distinct from, and
shall not be construed as consideration for, the purchase of the Option as
provided in Section 1 of this Agreement, nor shall the amount of the Fixed
Dividend Payment, or any other Fixed Dividend or other amount which may be or
become due and payable to Nord by virtue of its ownership of any portion of the
B Share from and after the Effective Date to the date the Option is exercised,
be reduced as a result of TRG's purchase of the Option and/or the subsequent
exercise of the Option and purchase of the B Share.

     10. Nord hereby represents and warrants to TRG that, as of the Effective
Date, Nord is the sole owner and holder of the B Share and that other than
pursuant to that certain Security Agreement and Pledge and Security Agreement,
dated as of October 18, 2004 respectively, by and between Nord and Regiment
Capital, III, L.P. ("Regiment") whereby Nord has granted Regiment an interest in
the B Share as security for Nord's payment and performance of its obligations to
Regiment under that certain Promissory Note by Nord in favor of Regiment, dated
as of October 18, 2004, the B Share is unencumbered and has not been pledged,
assigned, hypothecated or otherwise transferred or conveyed, in whole or in
part, to any party other than as expressly provided herein. Nord covenants to
TRG that, until the Expiration Date, Nord shall not

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pledge, assign, hypothecate, encumber, or otherwise transfer or convey, in whole
or in part, to any party, the B Share.

     11. By entering into this Agreement, TRG agrees to be bound by all the
terms and conditions of the Shareholders Agreement, by and among MIL
(Investments) S.A.R.L. and SPV, and Nord Resources Corporation and SRL
Acquisition No. 1 Limited (the "Shareholders Agreement"), and agrees to execute
all documents necessary to effect the purposes of, and as required by, the
Shareholders Agreement, including but not limited to a deed or such other
document confirming to the parties to the Shareholders Agreement that TRG agrees
to be bound by the Shareholders Agreement as a Shareholder in respect of any B
Share, or a fraction thereof, transferred to TRG by Nord.

     12. Each party represents that it has the authority to enter into this
Agreement. Each party shall take all such steps as necessary to effect the terms
of this Agreement.

     13. This Agreement supersedes any prior understandings or written or oral
agreements between the parties respecting the subject matter of this Agreement
and may not be amended unless in writing signed by the parties hereto.

     14. This Agreement may be executed in one or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument. Facsimiles containing original signatures shall be
deemed for all purposes to be originally-signed copies of the documents which
are the subject of such facsimiles.

AGREED:

TITANIUM RESOURCES GROUP LTD.           NORD RESOURCES CORPORATION

/s/ Edward Wayne Malone                 /s/ Ronald A. Hirsch
-------------------------------------   ----------------------------------------
By: Edward Wayne Malone                 By: Ronald A. Hirsch
Its: Vice-Chairman                      Its: Chairman & CEO
August 5, 2005                          August 4, 2005

SRL ACQUISITION NO. 1 LTD.

/s/ Edward Wayne Malone
-------------------------------------
By: Edward Wayne Malone
Its: Director
August 5, 2005<PAGE>
                                                                   EXHIBIT 10.35

                              RESCISSION AGREEMENT

     THIS RESCISSION AGREEMENT ("Agreement"), dated as of August 5, 2005 (the
"Effective Date") is by and between Ronald A. Hirsch ("Mr. Hirsch"), and Nord
Resources Corporation, a California corporation ("NRC") (collectively, the
"Parties").

                                   WITNESSETH

     WHEREAS, on October 20, 2003, NRC granted to Mr. Hirsch a stock option (the
"Stock Option") to purchase three million (3,000,000) shares of NRC common stock
at two cents ($0.02) per share; and

     WHEREAS, on June 29, 2004, Mr. Hirsch partially exercised the Stock Option
to receive one million seven hundred fifty thousand (1,750,000) shares of NRC
common stock (the "Option Shares") at an exercise price of two cents ($0.02) per
share (the "Option Exercise") by paying NRC Thirty-Five Thousand Dollars
($35,000) (the "Exercise Price");

     WHEREAS, on April 4, 2005, the Parties made an oral agreement to rescind
the Option Exercise;

     WHEREAS, this Agreement is intended to memorialize the Parties' oral
agreement on April 4, 2005, to rescind the Option Exercise; and

     WHEREAS, the Parties agree to rescind the Option Exercise upon the terms
and conditions set forth herein.

     NOW THEREFORE, in consideration of the promises and respective mutual
agreements herein contained, it is agreed by and between the Parties hereto as
follows:

                                    ARTICLE 1
                          RESCISSION OF OPTION EXERCISE

     1.1 Rescission of Option Exercise. Upon execution of this Agreement,
subject to the terms and conditions herein set forth, and on the basis of the
representations, warranties and agreements herein contained, the Parties agree
the Option Exercise is rescinded, effective June 29, 2004.

     1.2 Cancellation of the Shares. The Parties agree that Mr. Hirsch has no
right or title to the Option Shares and that the Option Shares shall be
cancelled on the books and records of NRC. Mr. Hirsch agrees to deliver the
share certificate representing the Option Shares to NRC by July 20, 2005 for
cancellation.

     1.3 Refund of Exercise Fund. NRC agrees to refund to Mr. Hirsch the
Exercise Price plus interest, calculated at the rate of 10% per annum commencing
on June 29, 2004; by executing a

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convertible note (the "Note")in the amount of $35,000 in favor of Mr. Hirsch in
the form of Exhibit A, attached hereto, dated to be effective June 29, 2004.

     1.4 Effect on Stock Option. In rescinding the Option Exercise, the Parties
agree that the Stock Option shall continue in full force and effect, pursuant to
its terms, just as though the Option Exercise never occurred.

                                    ARTICLE 2
               REPRESENTATIONS AND COVENANTS OF NRC AND MR. HIRSCH

     2.1 NRC hereby represents and warrants that:

          (a) The Note has been duly authorized by the appropriate corporate
action of NRC.

          (b) NRC shall transfer title, in and to the Note to Mr. Hirsch free
and clear of all liens, security interests, pledges, encumbrances, charges,
restrictions, demands and claims, of any kind and nature whatsoever, whether
direct or indirect or contingent.

          (c) As soon as practicable after the Effective Date, NRC shall deliver
to Mr. Hirsch the executed Note subject to no liens, security interests,
pledges, encumbrances, charges, restrictions, demands or claims in any other
party whatsoever, except as set forth in the legend on the certificate, which
legend shall provide substantially as follows:

     THE SHARES (OR OTHER SECURITIES) REPRESENTED BY THIS CERTIFICATE HAVE NOT
     BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. THE SHARES MAY NOT BE
     SOLD OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN OPINION OF
     COUNSEL THAT AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT IS AVAILABLE.

          (d) Mr. Hirsch acknowledges that the Note (and any shares of common
stock received pursuant to the Note (the "Conversion Shares"), unless such
shares are registered for sale with the SEC), will initially be "restricted
securities" (as such term is defined in Rule 144 promulgated under the
Securities Act of 1933, as amended ("Rule 144"), that the Note will include the
foregoing restrictive legend, and, except as otherwise set forth in this
Agreement, that the Note cannot be sold unless registered with the United States
Securities and Exchange Commission ("SEC") and qualified by appropriate state
securities regulators, or unless Mr. Hirsch obtains written consent from NRC and
otherwise complies with an exemption from such registration and qualification
(including, without limitation, compliance with Rule 144).

          (e) The Company is obligated to register the Conversion Shares in any
registration statement filed by the Company with the Securities and Exchange
Commission after the Effective Date, so that holders of the Conversion Shares
shall be entitled to sell the same simultaneously with and upon the terms and
conditions as the securities sold for the account of the Company are being sold
pursuant to any such registration statement, subject to such lock-up

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provisions as may be proposed by the underwriter of said registration statement
(the "Piggyback Registration Right").

          (e) Mr. Hirsch acknowledges and agrees that NRC makes no other
representations or warranties with respect to the Shares or the NRC.

     2.2 Mr. Hirsch represents and warrants to NRC as follows:

          (a) Mr. Hirsch has adequate means of providing for current needs and
contingencies, has no need for liquidity in the investment, and is able to bear
the economic risk of an investment in the Note offered by NRC of the size
contemplated. Mr. Hirsch represents that he is able to bear the economic risk of
the investment and at the present time could afford a complete loss of such
investment. Mr. Hirsch has had a full opportunity to inspect the books and
records of the NRC and to make any and all inquiries of NRC officers and
directors regarding the NRC and its business as he has deemed appropriate.

          (b) Mr. Hirsch is acquiring the Note, and any Conversion Shares he may
receive, solely for his own account as principal, for investment purposes only
and not with a view to the resale or distribution thereof, in whole or in part,
and no other person or entity has a direct or indirect beneficial interest in
such Note or Conversion Shares.

          (c) Mr. Hirsch will not sell or otherwise transfer the Note or the
Conversion Shares without registration under the Act or an exemption therefrom
and fully understands and agrees that he must bear the economic risk of holding
the Note and any Conversion Shares he may receive for an indefinite period of
time because, among other reasons, neither the Note nor the Conversion Shares
have been registered under the Act or under the securities laws of any state
and, therefore, cannot be resold, pledged, assigned or otherwise disposed of
unless they are subsequently registered under the Act and under the applicable
securities laws of such states or unless an exemption from such registration is
available.

                                    ARTICLE 3
                                  MISCELLANEOUS

     3.1 Entire Agreement. This Agreement sets forth the entire agreement and
understanding of the parties hereto with respect to the transactions
contemplated hereby, and supersedes all prior agreements, arrangements and
understandings related to the subject matter hereof. No understanding, promise,
inducement, statement of intention, representation, warranty, covenant or
condition, written or oral, express or implied, whether by statute or otherwise,
has been made by any party hereto which is not embodied in this Agreement or the
written statements, certificates, or other documents delivered pursuant hereto
or in connection with the transactions contemplated hereby, and no party hereto
shall be bound by or liable for any alleged understanding, promise, inducement,
statement, representation, warranty, covenant or condition not so set forth.

     3.2 Notices. Any notice, request, instruction, or other document required
by the terms of this Agreement, or deemed by any of the parties hereto to be
desirable, to be given to any other party

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hereto shall be in writing and shall be given by personal delivery, overnight
delivery, or mailed by registered or certified mail, postage prepaid, with
return receipt requested, to the following addresses:

     TO NRC:         Nord Resources Corporation

                     Attn.: Erland A. Anderson, President
                     3048 Seven Dash Road
                     Dragoon, AZ 85609

     TO Mr. Hirsch:  Ronald A. Hirsch
                     668 North Coast Highway, #171
                     Laguna Beach, CA 92651

The persons and addresses set forth above may be changed from time to time by a
notice sent as aforesaid. If notice is given by facsimile, personal delivery, or
overnight delivery in accordance with the provisions of this Section, said
notice shall be conclusively deemed given at the time of such delivery. If
notice is given by mail in accordance with the provisions of this Section, such
notice shall be conclusively deemed given seven days after deposit thereof in
the United States mail.

     3.3 Waiver and Amendment. Any term, provision, covenant, representation,
warranty or condition of this Agreement may be waived, but only by a written
instrument signed by the party entitled to the benefits thereof. The failure or
delay of any party at any time or times to require performance of any provision
hereof or to exercise its rights with respect to any provision hereof shall in
no manner operate as a waiver of or affect such party's right at a later time to
enforce the same. No waiver by any party of any condition, or of the breach of
any term, provision, covenant, representation or warranty contained in this
Agreement, in any one or more instances, shall be deemed to be or construed as a
further or continuing waiver of any such condition or breach or waiver of any
other condition or of the breach of any other term, provision, covenant,
representation or warranty. No modification or amendment of this Agreement shall
be valid and binding unless it be in writing and signed by all parties hereto.

     3.4 Choice of Law. This Agreement and the rights of the parties hereunder
shall be governed by and construed in accordance with the laws of the State of
California including all matters of construction, validity, performance, and
enforcement and without giving effect to the principles of conflict of laws.

     3.5 Jurisdiction. The parties submit to the jurisdiction of the Courts of
the County of Orange, State of California or a Federal Court empaneled in the
State of California for the resolution of all legal disputes arising under the
terms of this Agreement, including, but not limited to, enforcement of any
arbitration award.

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     3.6 Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original, but all of which shall
together constitute one and the same instrument.

     3.7 Attorneys' Fees. Except as otherwise provided herein, if a dispute
should arise between the parties including, but not limited to arbitration, the
prevailing party shall be reimbursed by the non-prevailing party for all
reasonable expenses incurred in resolving such dispute, including reasonable
attorneys' fees exclusive of such amount of attorneys' fees as shall be a
premium for result or for risk of loss under a contingency fee arrangement.

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

NRC

NORD RESOURCES CORPORATION.
a Delaware corporation

------------------------------------------
By: Erland A Anderson
Its: President

MR. HIRSCH

------------------------------------------
By: Ronald A. Hirsch, an individual

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                                    EXHIBIT A

                            FORM OF CONVERTIBLE NOTE

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