Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Wildcat Silver Corp. - Exhibit 4.5

 

 

 

 

SHARE PURCHASE AGREEMENT AMONG

WILDCAT SILVER CORPORATION

- and -

VENTANA GOLD CORP. 

- and -

AUGUSTA CAPITAL CORPORATION

- and –

AUGUSTA CAPITAL (U.S.) CORPORATION

 

 

May 18, 2006

TABLE OF CONTENTS

	  	  	Page 
	 	 	 
	1. 	INTERPRETATION 	2
      
	 	 	 
	2. 	REPRESENTATIONS AND WARRANTIES 	8
      
	 	 	 
	3. 	COVENANTS 	22
      
	 	 	 
	4. 	PURCHASE AND SALE 	22
      
	 	 	 
	5. 	PURCHASE PRICE AND DELIVERY 	22
      
	 	 	 
	6. 	CLOSING 	23
      
	 	 	 
	7. 	HOLD PERIOD AND RESALE RESTRICTIONS AND VENDOR’S COVENANT
      REGARDING RESALE OF SHARES 	24
      
	 	 	 
	8. 	REORGANIZATION 	25
      
	 	 	 
	9. 	GENERAL PROVISIONS 	25
      
	 	 	 
	10. 	APPLICABLE LAW 	26
      
	 	 	 
	11. 	ARBITRATION 	26
      
	 	 	 
	12. 	NOTICES 	27
      
	 	 	 
	13. 	CONFIDENTIAL INFORMATION 	28
      
	 	 	 
	14. 	COUNTERPARTS 	29
      

	SCHEDULE
      “A” 	ASSETS
      OF THE COMPANY 
	 	 
	SCHEDULE
      “B” 	THE
      PROPERTIES 
	 	 
	SCHEDULE
      “C” 	MATERIAL
      CONTRACTS OF THE COMPANY AND SUBSIDIARIES 
	 	 
	SCHEDULE
      “D” 	FINANCIAL
      STATEMENTS OF COMPANY 
	 	
	SCHEDULE
      “E” 	EMPLOYEES
      
	 	 
	SCHEDULE
      “F” 	OUTSTANDING
      WILDCAT SECURITIES 
	 	 
	SCHEDULE
      “G” 	OUTSTANDING
      VENTANA SECURITIES 
	 	 
	SCHEDULE
      “H” 	VOLUNTARY
      POOLING AGREEMENT 

SHARE PURCHASE AGREEMENT

SHARE PURCHASE AGREEMENT made and dated for reference May 18,
2006.

AMONG:

  
    
      
        
          WILDCAT SILVER CORPORATION, a company duly
            incorporated and validly subsisting under the laws of British Columbia
            and having an office at 400 – 837 West Hastings Street, Vancouver,
            British Columbia, V6C 3N6

          (“Wildcat”)

        

      

    

  

AND

  
    
      
        
          VENTANA GOLD CORP., a company duly incorporated
            and validly subsisting under the laws of British Columbia and having
            an office at 400 – 837 West Hastings Street, Vancouver, British
            Columbia, V6C 3N6

          (“Ventana”)

          (Wildcat and Ventana collectively referred to as
            the “Purchaser”)

        

      

    

  

AND

  
    
      
        
          AUGUSTA CAPITAL CORPORATION, a corporation
            duly incorporated and validly subsisting under the laws of British
            Columbia, and having an office at Suite 400 – 837 West Hastings
            Street, Vancouver, British Columbia, V6C 3N6

          (“Augusta”)

        

      

    

  

AND

  
    
      
        
          AUGUSTA CAPITAL (U.S.) CORPORATION, a company
            duly incorporated and validly subsisting under the laws of Nevada
            and having an office at 400 – 837 West Hastings Street, Vancouver,
            British Columbia, V6C 3N6

          (“Augusta US”)

          (Augusta and Augusta US collectively referred to
            as the “Vendor”)

        

      

    

  

WHEREAS:

	A. 	
      Augusta is the legal and beneficial owner of the one
      issued and outstanding common share in the capital of 688287 B.C. Ltd.
      (the “BC Company”);

- 2 -

	B. 	
      The BC Company will become the legal and beneficial owner
      of all but one of the issued and outstanding quotas in the capital of CVS
      Explorations Limitada (the “Company”) on the Delivery Date (as defined
      below);

	 	 
	C. 	
      Ventana is a wholly owned subsidiary of
Wildcat;

	 	 
	D. 	
      Augusta has agreed to sell to Ventana, and Ventana has
      agreed to purchase from the Augusta, all of Augusta’s shares in the
      capital of the BC Company on the terms and conditions set out herein;
      and

	 	 
	E. 	
      Augusta US has agreed to sell to Ventana, and Ventana has
      agreed to purchase from the Augusta US, all of the Augusta US’ beneficial
      interest in one quota of the Company on the terms and conditions set out
      herein.

NOW THEREFORE THIS AGREEMENT WITNESSES that for good and
valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, and of the premises, covenants and agreements herein set forth,
the parties hereto covenant and agree each with the other as follows:

1.          
INTERPRETATION

1.1        For the purposes
of this Agreement, unless the context otherwise requires, the following words
and phrases will have the meanings hereinafter ascribed to them:

	 	(a) 	
      “Agreement” means this share purchase agreement,
      including the recitals and all schedules hereto, as amended and
      supplemented;

	 	 	 	 
	 	(b) 	
      “Applicable Law” means any domestic or foreign statute,
      law (including the common law), ordinance, rule, regulation, restriction,
      regulatory policy or guideline, by-law (zoning or otherwise), or Order, or
      any consent, exemption, approval or license of any Governmental Authority
      that applies, in whole or in part, to the parties hereto, the Purchased
      Quotas or the business, Assets, operations or affairs of the
    Company;

	 	 	 	 
	 	(c) 	
      “Assets” means all tangible assets such as real estate,
      fixtures and chattels and intangible things such as contractual rights,
      including without limitation the Company’s interest in or arising out of
      the Material Contracts, mineral rights, and intellectual property rights
      and benefits, held by the Company as set forth in Schedule “A”;

	 	 	 	 
	 	(d) 	
      “Associated Company” means:

	 	 	 	 
	 		(i) 	
      any corporation which owns directly or through any other
      means more than 30% of the outstanding capital stock of a party
    hereto,

	 	 	 	 
	 		(ii) 	
      any corporation of which a party hereto owns directly or
      through any other means more than 30% of the outstanding capital stock,
      and

- 3 -

	 	(iii) 	
      any corporation of which either of the corporations
      referred to in paragraphs (i) and (ii) owns directly or through any other
      means more than 30% of the outstanding capital
stock;

	 	(e) 	
      “BC Company” means 688287 B.C. Ltd.;

	 	 	 
	 	(f) 	
      “BC Company Additional Shares” means the 83,493 common
      shares without par value in the capital of the BC Company that will be
      issued on or before the Closing Date pursuant to the Transfer
      Agreement;

	 	 	 
	 	(g) 	
      “BC Company Share” means the one common share without par
      value in the capital of the BC Company that is issued and outstanding as
      of the date of this Agreement;

	 	 	 
	 	(h) 	
      “BC Company Shares” means the BC Company Share and the BC
      Company Additional Shares that will be all of the issued and outstanding
      common shares of the BC Company on the Closing Date;

	 	 	 
	 	(i) 	
      “Business Corporations Act” means the Business
      Corporations Act, S.B.C. 2002, c.57;

	 	 	 
	 	(j) 	
      “Business Day” means any day other than Saturday, Sunday
      or any other day which is a legal holiday in Vancouver, British Columbia,
      on which commercial banking institutions in Vancouver, British Columbia
      are open for the transaction of business;

	 	 	 
	 	(k) 	
      “Closing” means the delivery of all prescribed documents,
      certificates and agreements in connection with the purchase and sale of
      the BC Company Shares and related transactions, and “Closing Date” means
      the date, after the Delivery Date, upon which Closing occurs, as provided
      in section 6;

	 	 	 
	 	(l) 	
      “Commissions” means the British Columbia Securities
      Commission and the Alberta Securities Commission;

	 	 	 
	 	(m) 	
      “Company” means CVS Explorations Ltda., a limited
      liability company (Sociedad de Responsabilidad Limitada) duly created and
      validly subsisting under the laws of Colombia;

	 	 	 
	 	(n) 	
      “Company Quota” means a quota with a par value TEN
      THOUSAND (10,000) Colombian Pesos in the capital of the Company, as
      presently constituted;

	 	 	 
	 	(o) 	
      “Completion Date” means the effective date of the
      Reorganization;

	 	 	 
	 	(p) 	
      “Constating Documents” means the Memorandum, the Notice
      of Articles, the Articles, the Articles of Incorporation, the Articles of
      Arrangement, the Articles of Continuance, the Articles of Amalgamation, or
      other agreement or contract pursuant to which a body corporate is
      incorporated, arranged, continued or amalgamated, as the case may be,
      together with any amendments thereto, the by-

- 4 -

	 		
      laws of such corporation, any special rights and
      restrictions associated with any class of shares and any shareholders’
      agreement which has been executed by such body corporate and which governs
      in whole or in part the affairs of such body corporate;

	 	 	 	 
	 	(q) 	
      “Contracts” means, the Leasing Agreement for Mining
      Exploration with Assignment Option of Rights Agreement (the “La Bodega
      Agreement”) dated February 8, 2006 between the Company and Sociedad with
      respect of the La Bodega Property, as described in Schedule “B” that
      supersedes and replaces the letter agreement (the “La Bodega Letter
      Agreement”) dated November 10, 2005 between Augusta and Sociedad together
      with any renewals or replacements thereof and any amendments thereto, and
      any rights, titles or interests issued in accordance therewith;

	 	 	 	 
	 	(r) 	
      “Data” means all data, information and records, in
      whatever form and whether factual or interpretive, with respect to the
      Contracts and all work done on or with respect to the Property in
      connection with the exploration for and assessment of the mineral
      resources thereof pursuant to the rights granted by the Contracts, whether
      by or on behalf of the Company or its optionees, agents, consultants, a
      subsidiary or any joint venture partners, and in the possession or control
      of the Vendor or the Company, including all:

	 	 	 	 
	 		(i) 	
      drill logs, assay results, maps, field notes, sections,
      and plans,

	 	 	 	 
	 		(ii) 	
      prospecting, geochemical, geophysical, metallurgical and
      other reports, and

	 	 	 	 
	 		(iii) 	
      cores, sample pulps, sample rejects, rock and soil
      samples;

	 	 	 	 
	 	(s) 	
      “Delivery Date” means the date that the BC Company
      becomes the legal and beneficial owner of the Purchased Quotas;

	 	 	 	 
	 	(t) 	
      “Drop Dead Date” means December 15, 2006;

	 	 	 	 
	 	(u) 	
      “Encumbrance” means any encumbrance of any kind
      whatsoever and includes a security interest, mortgage, lien, charge,
      hypothec, pledge, hypothecation, assignment, trust or deemed trust
      (whether contractual, statutory or otherwise arising), a voting trust or
      pooling agreement with respect to securities, an adverse claim or any
      other right, option or claim of others of any kind whatever, any covenant
      or other agreement, restriction or limitation, a deposit by way of
      security and an easement, restrictive covenant, agreement or right of way
      (registered or unregistered), restriction, encroachment, burden or title
      reservation of any kind with respect to real property;

	 	 	 	 
	 	(v) 	
      “Exchange” means the Canadian Trading and Quotation
      System Inc.;

	 	 	 	 
	 	(w) 	
      “Generally Accepted Accounting Principles” means Canadian
      generally accepted accounting principles which are applicable as at the
      date on which any calculation

- 5 -

	 		
      made hereunder is to be effective or as at the date of
      any financial statements referred to herein, as the case may be;

	 	 	 
	 	(x) 	
      “Governmental Authority” means any federal, provincial,
      state, municipal, county or regional governmental or quasi-governmental
      authority, domestic or foreign, and includes any ministry, department,
      commission, tribunal, bureau, board, administrative or other agency or
      regulatory body or instrumentality thereof;

	 	 	 
	 	(y) 	
      “La Bodega Property” means an area of 178 hectares and
      6,585 square meters located in the Municipality of California, Department
      of Santander, Republic of Colombia to which the Mining Concession
      Agreement No. 3451 dated September 10, 2004 pertains;

	 	 	 
	 	(z) 	
      “Material Contracts” means those agreements to which the
      Company is a party as listed in Schedule “C” attached hereto and includes,
      without limitation, the Contracts;

	 	 	 
	 	(aa) 	
      “Notice” means any citation, directive, order, claim,
      judgment, letter or other communication, written or oral, actual or
      threatened, from any Person;

	 	 	 
	 	(bb) 	
      “Order” means any order (draft or otherwise), judgment,
      injunction, decree, award or writ of any court, tribunal, arbitrator,
      Governmental Authority or other Person;

	 	 	 
	 	(cc) 	
      “Person” means an individual, a partnership, a body
      corporate, a corporation, a joint venture, a trust, an unincorporated
      association or other form of enterprise or legal entity or Governmental
      Authority;

	 	 	 
	 	(dd) 	
      “Property” means those lands situate in Colombia to which
      the Contracts pertain from time to time, including without limitation the
      La Bodega Property each as described in Schedule “B” attached
    hereto;

	 	 	 
	 	(ee) 	
      “Public Deed” means the public deed to be signed on
      behalf of Augusta and the BC Company, pursuant to which the parties
      consent to the transfer of the Purchased Quotas from Augusta to the BC
      Company;

	 	 	 
	 	
      (ff) 
	
      “Purchased Quotas” means all but one of the issued and
      outstanding Company Quotas on the Delivery Date, being TWO HUNDRED FORTY
      THREE THOUSAND SIX HUNDRED EIGHTY SEVEN (243,687) Company
Quotas;

	 	 	 
	 	(gg) 	
      “Regulation S” means Regulation S made under the 1933
      Act;

	 	 	 
	 	
      (hh) 
	
      “Reorganization” means the reorganization involving
      Wildcat and Ventana by way of a plan of arrangement, at the completion of
      which: (a) Ventana will no longer be a wholly-owned subsidiary of Wildcat;
      (b) Ventana will hold the interest in the Contracts through its then
      wholly-owned subsidiaries, the BC Company and the Company; and (c) Wildcat
      will hold indirectly the Hardshell Property through its then 80% owned
      subsidiary Arizona Minerals Inc.;

- 6 -

	 	(ii) 	
      “Securities Act” means the Securities Act,
      R.S.B.C. 1996, c. 418;

	 	 	 
	 	(jj) 	
      “Share” means a common share without par value in the
      capital stock of the Ventana or Wildcat, as applicable, as presently
      constituted;

	 	 	 
	 	(kk) 	
      “Sociedad” means Sociedad Minera La Bodega Ltda. a
      Colombia limited liability company (Sociedad de Responsabilidad Limitada)
      and party to the La Bodega Agreement and holder of the La Bodega
      Property;

	 	 	 
	 	(ll) 	
      “Tax Act” means the Income Tax Act
  (Canada);

	 	 	 
	 	(mm) 	
      “Taxes” means all income, franchise, business, property,
      sales, use, value added, withholding, excise, alternate minimum, capital
      and other taxes required to be reported upon or paid to any domestic or
      foreign jurisdiction and all interest and penalties thereon;

	 	 	 
	 	
      (nn) 
	
      “Transfer Agreement” means the letter agreement between
      Augusta and the BC Company, dated as of May 17, 2006, pursuant to which
      Augusta has agreed to transfer the Purchased Quotas to the BC Company in
      consideration for the BC Company Additional Shares;

	 	 	 
	 	(oo) 	
      “United States” means the United States, as that term is
      defined in Regulation S, which definition includes, but is not limited to,
      the United States of America and its territories and
possessions;

	 	 	 
	 	(pp) 	
      “U.S. Person” means a U.S. Person as that term is defined
      in Regulation S, which definition includes, but is not limited to, an
      individual resident in the United States and an estate or trust of which
      any executor, administrator, or trustee, respectively, is a U.S. Person,
      and any partnership or corporation organized or incorporated under the
      laws of the United States;

	 	 	 
	 	(qq) 	
      “Ventana Purchase Shares” means the THREE MILLION
      (3,000,000) Ventana Shares to be issued on the deemed exercise of the
      Ventana Special Warrants;

	 	 	 
	 	(rr) 	
      “Ventana Share” means a common share without par value in
      the capital stock of Ventana, as presently constituted;

	 	 	 
	 	(ss) 	
      “Ventana Special Warrants” means the THREE MILLION
      (3,000,000) Class “A” Special Warrants of Ventana dated the date hereof to
      be issued to Augusta as part consideration for the BC Company
    Shares;

	 	 	 
	 	(tt) 	
      “Wildcat Financial Statements” means the audited
      financial statements of Wildcat for the year ended June 30, 2005 and the
      unaudited financial statements for the six month period ended December 31,
      2005, copies of which are available on SEDAR at www.sedar.com;

	 	 	 
	 	(uu) 	
      “Wildcat Shares” means the THREE MILLION (3,000,000)
      Shares to be issued to Augusta in exchange for the Ventana Purchase Shares
      in the event that the

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      Completion Date has not occurred prior to the Drop Dead
      Date on the exercise of Augusta’s right under subsection 3.2;
and

	 	 	 
	 	(vv) 	
      “1933 Act” means the United States Securities Act
      of 1933.

1.2         In this
Agreement, except as otherwise expressed or provided, or as the context
otherwise requires:

	 	(a) 	
      the headings and captions are provided for convenience
      only and will not form a part of this Agreement, and will not be used to
      interpret, define or limit the scope, extent or intent of this Agreement
      or any of its provisions;

	 	 	 
	 	(b) 	
      the words “include” or “including” when following any
      general term or statement are not to be construed as limiting the general
      term or statement to the specific items or matters set forth or to similar
      items or matters, but rather as permitting it to refer to all other items
      or matters that could reasonably fall within its broadest possible
      scope;

	 	 	 
	 	(c) 	
      an accounting term not otherwise defined has the meaning
      assigned to it under, and all accounting matters will be determined in
      accordance with, Generally Accepted Accounting Principles as consistently
      applied;

	 	 	 
	 	(d) 	
      a reference to currency means Canadian currency unless
      specifically indicated otherwise;

	 	 	 
	 	(e) 	
      a reference to a statute includes every regulation made
      pursuant thereto, all amendments to the statute or to any such regulation
      enforced from time to time, and any statute or regulation that supplements
      or supersedes such statute or any such regulation;

	 	 	 
	 	(f) 	
      a reference to time or date is to the local time or date
      in Vancouver, British Columbia, unless specifically indicated
      otherwise;

	 	 	 
	 	(g) 	
      a reference to a particular corporation includes the
      corporation derived from the amalgamation of the particular corporation,
      or of a corporation to which such reference is extended by this paragraph
      (g), with one or more other corporations;

	 	 	 
	 	(h) 	
      a word importing the masculine gender includes the
      feminine or neuter and a word importing the singular includes the plural
      and vice versa; and

	 	 	 
	 	(i) 	
      a reference to “approval”, “authorization”, “consent”,
      “designation” or “notice” means written approval, authorization, consent,
      designation or notice unless specifically indicated
  otherwise.

	1.3 	
      The following Schedules are attached hereto and form a
      part hereof:

	 	Schedule “A” 	- 	Assets of the Company 
	 	Schedule “B” 	- 	The Properties

- 8 -

	 	Schedule “C” 	- 	Material Contracts of Company
  
	 	Schedule “D” 	- 	Financial Statement of Company
  
	 	Schedule “E” 	- 	Employees 
	 	Schedule “F” 	- 	Outstanding Ventana Securities
  
	 	Schedule “G” 	- 	Outstanding Wildcat Securities
  
	 	Schedule “H” 	- 	Voluntary Pooling Agreement
  

1.4         No
amendment, waiver, termination or variation of the terms, conditions,
warranties, covenants, agreements and undertakings set out herein will be of any
force or effect unless the same is reduced to writing duly executed by all
parties hereto in the same manner and with the same formality as this Agreement
is executed.

1.5         No waiver
of any of the provisions of this Agreement will constitute a waiver of any other
provision (whether or not similar) and no waiver will constitute a continuing
waiver unless otherwise expressly provided.

1.6         Every
provision of this Agreement is intended to be several and accordingly:

	 	(a) 	
      if any one or more of the provisions contained in this
      Agreement should be invalid, illegal or unenforceable in any respect, in
      any jurisdiction, the validity, legality and unenforceability of such
      provision will not in any way be affected or impaired thereby in any other
      jurisdiction, and the validity, legality and enforceability of any other
      provision contained herein will not in any way be affected or impaired
      thereby except that if, under reasonable construction of this Agreement as
      a whole, the applicability of the other provision presumes the validity
      and enforceability of the particular provision, the other provision will
      be deemed also to be invalid, illegal or unenforceable; and

	 	 	 
	 	(b) 	
      if any provision of this Agreement is invalid or
      unenforceable, the balance of this Agreement will be construed and
      enforced as if all invalid or unenforceable provisions and all provisions
      so deemed to be invalid or unenforceable were not contained
  herein.

2.          
REPRESENTATIONS AND WARRANTIES

2.1         The Vendor
warrants and represents to the Purchaser as follows:

Status and Capacity of the BC Company

	 	(a) 	
      the BC Company is a valid and subsisting corporation duly
      incorporated and validly organized under the laws of British Columbia
      and:

	 	 	 	 
	 		(i) 	
      is in good standing and up to date with all corporate
      filings and annual reports required under Applicable Laws,

	 	 	 	 
	 		(ii) 	
      has the corporate power and capacity to carry on the
      business now carried on by it and to own, lease or acquire the assets or
      interests in the assets now owned or leased by it or proposed to be
      acquired by it,

- 9 -

	 		(iii) 	
      is duly qualified and registered to carry on business in
      each jurisdiction in which the conduct of its business or the ownership or
      leasing of the assets makes such qualification necessary, and

	 	 	 	 
	 		(iv) 	
      is not in breach or default of any requirements under any
      Applicable Laws to which it is subject;

	 	 	 	 
	 	(b) 	
      the BC Company has no subsidiaries but the Company will
      become a subsidiary of the BC Company on the Delivery Date;

	 	 	 	 
	 	(c) 	
      the authorized capital of the BC Company is ONE HUNDRED
      THOUSAND (100,000) common shares without par value, of which the BC
      Company Share is issued and outstanding as at the date of this
      Agreement;

	 	 	 	 
	 	(d) 	
      the BC Company Share has been validly issued as a fully
      paid and non-assessable common share in the capital of the BC Company and
      is free and clear of all Encumbrances arising by, through or under the BC
      Company or the Vendor or otherwise;

	 	 	 	 
	 	(e) 	
      other than pursuant to the Transfer Agreement, no Person
      has any right, present or future, contingent or absolute, to require the
      BC Company to increase its capital or to issue any security, right or
      share in its capital and, in particular, there are no outstanding
      securities of the BC Company which are convertible into common shares of
      the BC Company and there are no outstanding options on or rights to
      subscribe for any common shares of the BC Company;

	 	 	 	 
	 	(f) 	
      Mr. Richard Warke is the sole director and officer of the
      BC Company and he has been duly and validly appointed or
elected;

	 	 	 	 
	 	(g) 	
      since the date of incorporation of the BC Company, the BC
      Company has not undertaken any active business;

	 	 	 	 
	 	(h) 	
      the BC Company does not have any assets, other than its
      right, title and interest in and to the Transfer Agreement;

	 	 	 	 
	 	(i) 	
      no action, suit, judgment, investigation, assessment,
      reassessment, litigation, determination, administrative or other
      proceeding, arbitration or dispute with any Governmental Authority, is in
      progress, pending or threatened by, on behalf of, or against the BC
      Company and, to the knowledge of the Vendor, no state of facts exists
      which could reasonably constitute a basis therefor;

	 	 	 	 
	 	(j) 	
      the completion of the transactions contemplated hereby
      will not, insofar as related to the BC Company:

	 	 	 	 
			
      (i) 
	
      conflict with, or result in a breach of, or violate any
      of the terms, conditions or provisions of the Constating Documents of the
      BC Company, or

- 10 -

	 		
      (ii) 
	
      conflict with, or result in a breach of, or violate any
      of the terms, conditions or provisions of any Applicable Law to which the
      BC Company is subject;

	 	 	 	 
	 	(k) 	
      the BC Company has not, since incorporation, had and does
      not now have any employees;

Financial

	 	(l) 	 no financial statements, audited or unaudited,
        have been prepared for the BC Company;

	 	 	 	 
	 	(m) 	 Augusta is not indebted to the BC Company;

	 	 	 	 
	 	(n) 	 except with respect to:

	 	 	 	 
	 		(i) 	 any consideration owing to Augusta pursuant to the Transfer
        Agreement,

	 	 	 	 
	 		(ii) 	 any accrued and unpaid corporate or other filing fees
        with respect to annual corporate filings, and

	 	 	 	 
			 (iii) 
	 accrued legal or technical expenses and holding
        costs associated with the due diligence matters respecting the transactions
        contemplated hereby,

	 	 	 	 
	 	 	 the BC Company is not indebted to any Person;
	 	 	 	 
	 	(o) 	 there are no liabilities, contingent or otherwise,
        of the BC Company, other than:

	 	 	 	 
	 		(i) 	 pursuant to the requirements of the Transfer Agreement,
        and

	 	 	 	 
	 		(ii) 	 in connection with annual filings and other outstanding
        corporate matters;

	 	 	 	 
	 	(p) 	 the BC Company is not a party to nor is it
        bound by any guarantee, indemnity, surety or other contingent or similar
        obligation;

Contractual

	 	(q) 	
      the Transfer Agreement is the only material contract of
      the BC Company; and

	 	 	 
	 	(r) 	
      except for this Agreement, there is no agreement, option,
      understanding or commitment, or any right or privilege capable of becoming
      an agreement, option, understanding or commitment for the purchase from
      the BC Company of any Company Quota or any of its
assets.

- 11 -

2.2         The Vendor
further warrants and represents to the Purchaser as follows:

Status and Capacity of Company

	 	(a) 	
      the Company is a valid and subsisting Colombian Limitada
      duly created and validly organized under the laws of Colombia
  and:

	 	 	 	 
	 		(i) 	
      is in good standing and up to date with all corporate
      filings and annual reports required under Applicable Laws,

	 	 	 	 
	 		(ii) 	
      has the corporate power and capacity to carry on the
      business now carried on by it and to own, lease or acquire the Assets or
      interests in the Assets now owned or leased by it or proposed to be
      acquired by it,

	 	 	 	 
	 		(iii) 	
      is duly qualified and registered to carry on business in
      each jurisdiction in which the conduct of its business or the ownership or
      leasing of the Assets makes such qualification necessary, and

	 	 	 	 
	 		(iv) 	
      is not in breach or default of any requirements under any
      Applicable Laws to which it is subject;

	 	 	 	 
	 	(b) 	
      the Company has no subsidiaries;

	 	 	 	 
	 	
      (c) 
	
      the authorized capital of the Company consists of SIX
      HUNDRED AND SEVENTY SEVEN MILLION, FIVE HUNDRED AND SIXTY THOUSAND
      (677,560,000) Colombian Pesos divided into SIXTY SEVEN THOUSAND, SEVEN
      HUNDRED AND FIFTY SIX (67,756) quotas, each with a par value of TEN
      THOUSAND (10,000) Colombian Pesos, of which a total of SIXTY SEVEN
      THOUSAND, SIX HUNDRED AND FIFTY FIVE (67,655) Company Quotas are issued
      and outstanding as of the date hereof and a total of TWO HUNDRED FORTY
      THREE THOUSAND, SIX HUNDRED AND EIGHTY EIGHT (243,688) Company Quotas will
      be issued and outstanding on the Delivery Date and the Closing
  Date;

	 	 	 	 
	 	(d) 	
      the Purchased Quotas constitute all of the issued and
      outstanding Company Quotas except for one Company Quota, which is held by
      Ernesto Lopez Gomez, a resident of Colombia, in trust for Augusta
    US;

	 	 	 	 
	 	(e) 	
      the Company Quotas are all validly issued as fully paid
      and non-assessable quotas in the capital of the Company and are free and
      clear of all Encumbrances arising by, through or under the Company or the
      Vendor or otherwise;

	 	 	 	 
	 	(f) 	
      no Person has any right, present or future, contingent or
      absolute, to require the Company to increase its capital or to issue any
      security, quota or share in its capital including Company Quotas and, in
      particular, there are no outstanding securities of the Company which are
      convertible into Company Quotas and there are no outstanding options on or
      rights to subscribe for any of the unissued Company
  Quotas;

- 12 -

	 	(g) 	
      the directors and officers of the Company are as follows,
      each of whom has been duly and validly appointed or
  elected:

Legal Representatives and
Managers

Jon Lehmann
Substitute – Stella
Frias

	 	(h) 	
      since the date of incorporation of the Company, the only
      business of the Company has been the acquisition of rights to minerals,
      and the exploration therefor, and such business has been carried on in the
      usual and ordinary course and the Company has not entered into any
      transaction out of the usual and ordinary course of such
  business;

	 	 	 	 
	 	(i) 	
      the Company does not have any assets other than the
      Assets;

	 	 	 	 
	 	(j) 	
      no action, suit, judgment, investigation, assessment,
      reassessment, litigation, determination, administrative or other
      proceeding, arbitration or dispute with any Governmental Authority, is in
      progress, pending or threatened by, on behalf of, or against the Company
      or any of the Assets or the Property and, to the knowledge of the Vendor,
      no state of facts exists which could reasonably constitute a basis
      therefor;

	 	 	 	 
	 	(k) 	
      the completion of the transactions contemplated hereby
      will not, insofar as related to the Company:

	 	 	 	 
	 		(i) 	
      conflict with, or result in a breach of, or violate any
      of the terms, conditions or provisions of the Constating Documents of the
      Company,

	 	 	 	 
	 		(ii) 	
      conflict with, or result in a breach of, or violate any
      of the terms, conditions or provisions of any Applicable Law to which the
      Company is subject,

	 	 	 	 
	 		(iii) 	
      constitute or result in a breach of or a default under
      any Material Contract,

	 	 	 	 
	 		(iv) 	
      give to any Person, after the giving of notice or
      otherwise, any right of termination, cancellation or acceleration in or
      with respect to any Material Contract, or

	 	 	 	 
	 		(v) 	
      give to any Governmental Authority any right of
      termination, cancellation or suspension of, or constitute a breach of or
      result in a default under, any permit, licence, consent or authority
      issued to the Company and which is necessary or desirable in connection
      with the conduct and operation of the business or operations of the
      ownership or leasing of the Assets or the Property;

	 	 	 	 
	 	(l) 	
      the Company holds all permits, licences, consents and
      authorities issued by any Governmental Authority which are necessary or
      desirable in connection with the

- 13 -

	 		
      conduct and operation of the business of the Company and
      the ownership or leasing of the Assets as the same are now conducted,
      owned or leased, and all such permits, licences, consents and authorities
      are in full force and effect and no notice of breach or default or defect
      in respect of the terms of any such permit, licence, consent or authority
      has been received by the Company, and the Company is not aware of any
      matters which could give rise to such notice;

	 	 	 
	 	(m) 	
      the Company has not, since incorporation, had and does
      not now have any employees other than as set out on Schedule “E” attached
      hereto;

Financial

	 	(n) 	
      no financial statements, audited or unaudited, have been
      prepared for the Company other than the Balance General dated April 30,
      2006, and attached in Schedule “D”;

	 	 	 	 
	 	(o) 	
      Augusta and the BC Company are not indebted to the
      Company;

	 	 	 	 
	 	(p) 	
      except with respect to:

	 	 	 	 
	 		(i) 	
      any accrued and unpaid bonding, license or similar fees
      or taxes payable in connection with the Contracts,

	 	 	 	 
	 		(ii) 	
      any accrued and unpaid corporate or other filing fees
      with respect to annual corporate filings, or

	 	 	 	 
	 		(iii) 	
      accrued technical expenses and holding costs associated
      with the due diligence matters respecting the transaction contemplated
      hereby,

	 		
      and which amounts in (i) to (iii) do not, collectively,
      exceed the nominal sum of FIVE THOUSAND ($5,000) DOLLARS, the Company is
      not indebted to any Person;

	 	 	 	 
	 	(q) 	
      there are no liabilities, contingent or otherwise, of the
      Company, other than:

	 	 	 	 
	 		(i) 	
      pursuant to the requirements of the Contracts,
  or

	 	 	 	 
	 		(ii) 	
      in connection with annual filings and other outstanding
      corporate matters;

	 	 	 	 
	 	(r) 	
      no dividends have been declared or paid on or in respect
      of Company Quotas since the incorporation of the Company;

	 	 	 	 
	 	(s) 	
      the Company is not a party to nor is it bound by any
      guarantee, indemnification, indemnity, surety or other contingent or
      similar obligation;

	 	 	 	 
	 	(t) 	
      all tax returns and other reports of the Company as
      required by Applicable Law to be filed prior to the date hereof have been
      filed and are true, complete and correct, and all Taxes and other
      governmental charges to the date hereof have been
paid;

- 14 -

	 	(u) 	
      it is not aware of any contingent tax liability of the
      Company or any grounds which will prompt
reassessment;

Contractual

	 	(v) 	
      Schedule “A” contains a complete and accurate description
      of all of the Assets;

	 	 	 	 
	 	(w) 	
      the Company has good and marketable title to and
      possession of all of the Assets free and clear of all
  Encumbrances;

	 	 	 	 
	 	(x) 	
      none of the parties to the Material Contracts has made
      any material default in the performance of the terms thereof and there are
      no causes for forfeiture;

	 	 	 	 
	 	(y) 	
      Schedule “C” contains a complete and accurate legal
      description of each of the Material Contracts and the Company is not a
      party to and is not bound by any contract or commitment other than as
      disclosed in Schedule “C” attached hereto;

	 	 	 	 
	 	(z) 	
      the Material Contracts are each:

	 	 	 	 
	 		(i) 	
      in good standing;

	 	 	 	 
	 		(ii) 	
      valid, binding and enforceable in accordance with their
      terms;

	 	 	 	 
	 		(iii) 	
      in full force and effect; and

	 	 	 	 
	 		(iv) 	
      have not been amended or assigned;

	 	 	 	 
	 	(aa) 	
      there is no agreement, option, understanding or
      commitment, or any right or privilege capable of becoming an agreement,
      option, understanding or commitment for the purchase from the Company of
      its business or any of the Assets;

Property and Environmental

	 	(bb) 	
      Schedule “B” contains a complete and accurate description
      of the Property including a legal description of all exploration or mining
      licenses or leases in which the Company, has an interest;

	 	 	 	 
	 	(cc) 	
      to the best of the Vendor’s knowledge, except to the
      extent that any violation or other matter referred to in this paragraph
      does not have a material adverse effect on the Company, the Vendor and any
      optionee, joint venturer or partner which has carried out any work on or
      with respect to the Property:

	 	 	 	 
	 		(i) 	
      did not, in carrying out such work, violate any
      environmental laws,

	 	 	 	 
	 		(ii) 	
      during such activities received, handled, used, stored,
      treated, shipped and disposed of all contaminants without violation of
      applicable environmental laws,

- 15 -

	 		(iii) 	
      did not cause or permit any spill, release, deposit or
      discharge of hazardous or toxic substances, contaminants or wastes which
      has not been rectified;

	 	 	 	 
	 	(dd) 	
      to the best of the Vendor’s knowledge, there are no
      outstanding orders or directions relating to environmental matters
      requiring any work, repairs, construction or capital expenditures with
      respect to the Property or the conduct of the operations related thereto,
      and the Company, the Vendor and the other parties to the Contracts have
      not received any notice of the same nor is the Vendor aware of any basis
      on which any such orders or direction could be made;

	 	 	 	 
	 	(ee) 	
      there is no adverse claim or challenge against or to the
      Company’s ownership of the Assets or Contracts or its interest in the
      Property nor, to the best of the Vendor’s knowledge, is there any basis
      therefor, and no person, firm or corporation has any proprietary or
      possessory interest in the Contracts or the rights granted thereby other
      than as provided in the Contracts and to the best of the Vendor's
      knowledge there is no adverse claim or challenge against the title to the
      Mining Concession Agreement No. 3451 dated September 10, 2004, held by
      Sociedad Minera La Bodega Ltda.; and

	 	 	 	 
	 	(ff) 	
      no person is entitled to any royalty or other payment in
      the nature of rent or royalty on any mineral products which are the
      subject of the Contracts other than as provided in the Contracts and a 4%
      royalty on production based on 80% of the monthly average gold price on
      the London Metal Exchange that is payable to the Colombian Governmental
      Authority.

2.3         The Vendor
further warrants and represents to the Purchaser that:

	 	
      (a) 
	
      Augusta has good and sufficient right and authority to
      enter into this Agreement on the terms and conditions herein set forth and
      to transfer all legal and beneficial right, title, interest and ownership
      in and to the Purchased Quotas to the BC Company, free and clear of any
      Encumbrances, in accordance with the terms hereof;

	 	 	 
	 	(b) 	
      Augusta US has good and sufficient right and authority to
      enter into this Agreement on the terms and conditions herein set forth and
      transfer all beneficial interest in and to the one Company Quota which is
      not a Purchased Quota;

	 	 	 
	 	(c) 	
      Augusta has good and sufficient right and authority to
      enter into this Agreement on the terms and conditions herein set forth and
      to transfer all legal and beneficial right, title, interest and ownership
      in and to the BC Company Shares to the Purchaser, free and clear of any
      Encumbrances, in accordance with the terms hereof;

	 	 	 
	 	(d) 	
      this Agreement constitutes a legal, valid and binding
      obligation of the Vendor, enforceable in accordance with its terms,
      subject only to the following qualifications:

- 16 -

	 		(i) 	
      equitable remedies, such as specific performance and
      injunction, are discretionary remedies and, in particular, may not be
      available where damages are an adequate remedy, and

	 	 	 	 
	 		(ii) 	
      enforcement may be limited by bankruptcy, insolvency,
      liquidation, reorganization, reconstruction and other similar laws
      generally affecting the enforceability of creditors’ rights;

	 	 	 	 
	 	(e) 	
      Augusta is the registered and beneficial owner of the
      Purchased Quotas free and clear of all Encumbrances, except for the
      Transfer Agreement;

	 	 	 	 
		
      (f) 
	
      except pursuant to or as referenced in this Agreement, no
      Person has any agreement, option, understanding or commitment, or any
      right or privilege (whether by law, pre-emptive or contractual right),
      capable of becoming an agreement, option or commitment for the purchase
      from Augusta or the BC Company of any of the Purchased Quotas;

	 	 	 	 
	 	(g) 	
      Augusta is not a U.S. Person and the office of Augusta at
      which the Vendor received and accepted the offer to acquire the BC Company
      Shares in consideration of the issuance of the Ventana Special Warrants
      hereunder is the address listed on page 1 of this Agreement;

	 	 	 	 
		
      (h) 
	
      Augusta is acquiring the Ventana Special Warrants as
      principal and is an “accredited investor” as such term is defined in
      National Instrument 45-106 – Prospectus and Registration
      Exemptions;

	 	 	 	 
	 	(i) 	
      Augusta is acquiring the Ventana Special Warrants for its
      own account and not with a view to resale or distribution, other than in
      accordance with available exemption(s) from the registration requirements
      of the 1933 Act and applicable state securities laws;

	 	 	 	 
	 	(j) 	
      Augusta understands that none of the Ventana Special
      Warrants have been, nor will they be, registered under the 1933 Act and
      that the transaction contemplated hereby is being made in reliance on an
      exemption from such registration requirement;

	 	 	 	 
	 	(k) 	
      Augusta does not have any knowledge of a “material fact”
      or “material change”, as those terms are defined in the Securities Act, in
      the affairs of the Purchaser that has not been generally disclosed to the
      public, save knowledge of the transactions contemplated hereby;

	 	 	 	 
	 	(l) 	
      no person has made any written or oral representations to
      Augusta:

	 	 	 	 
	 		(i) 	
      that any person will resell or repurchase the Ventana
      Special Warrants,

	 	 	 	 
	 		(ii) 	
      that any person will refund the purchase price of the
      Ventana Special Warrants, or

- 17 -

	 		
      (iii) as to the future price or value of the Ventana
      Special Warrants;

	 	 	 
	 	(m) 	
      it has the legal capacity and competence to enter into
      and execute this Agreement and to take all actions required pursuant
      hereto and it is duly incorporated and validly subsisting under the laws
      of its jurisdiction of incorporation and all necessary approvals by its
      directors, shareholders, Governmental Authorities and others have been
      given to authorize the execution and delivery of this Agreement on its
      behalf and the completion of its obligations hereunder;

	 	 	 
	 	(n) 	
      the entering into of this Agreement and the completion of
      the transactions contemplated hereby will not result in a material
      violation of any of the terms and provisions of any Applicable Laws or the
      Constating Documents of the Vendor, or of any agreement, written or oral,
      to which it is a party or by which it is bound including without
      limitation the Material Contracts; and

	 	 	 
	 	(o) 	
      Augusta presently holds 2,759,052 common shares in the
      capital of Wildcat.

2.4         The
Purchaser represents and warrants to the Vendor as follows:

Status and Capacity of Wildcat

	 	(a) 	
      Wildcat is a valid and subsisting company duly
      incorporated and organized under the laws of British Columbia and is a
      reporting issuer in British Columbia and Alberta and has received
      conditional approval to list its securities for trading on the Exchange,
      and each of Wildcat and Ventana:

	 	 	 	 
	 		(i) 	
      is in good standing and up to date with all filings
      required under the Business Corporations Act;

	 	 	 	 
	 		(ii) 	
      has the corporate power and capacity to carry on the
      business now carried on by it and to own, lease or acquire the assets or
      interests in assets now owned or leased by it or proposed to be acquired
      by it,

	 	 	 	 
	 		(iii) 	
      is duly qualified to carry on business in each
      jurisdiction in which the conduct of its business or the ownership or
      leasing of its properties and assets makes such qualification necessary,
      and

	 	 	 	 
	 		(iv) 	
      is not in default of any requirement under any Applicable
      Laws to which it is subject;

	 	 	 	 
	 	(b) 	
      Wildcat has full right, power and authority to enter into
      this Agreement and any agreement or instrument referred to or contemplated
      by this Agreement, and all requisite corporate acts and proceedings have
      been taken, or will have been taken before the Closing Date, so that
      Wildcat may deal with its interests and fulfill its commitments as herein
      provided and this Agreement constitutes a legal, valid and binding
      obligation of Wildcat, enforceable in accordance with its terms, subject
      only to the following qualifications:

- 18 -

	 		(i) 	
      equitable remedies, such as specific performance and
      injunction, are discretionary remedies and, in particular, may not be
      available where damages are an adequate remedy, and

	 	 	 	 
	 		(ii) 	
      enforcement may be limited by bankruptcy, insolvency,
      liquidation, reorganization, reconstruction and other similar laws
      generally affecting the enforceability of creditors’ rights;

	 	 	 	 
	 	(c) 	
      the authorized share capital of Wildcat consists of
      200,000,000 Shares, and 100,000,000 preferred shares without par value and
      of which 34,300,780 Shares and no preferred shares are issued and
      outstanding as the date hereof and 34,295,131 Shares and no preferred
      shares will be issued and outstanding as the Closing;

	 	 	 	 
	 	(d) 	
      upon their issuance, if applicable, the Wildcat Shares
      will be fully paid and non-assessable Shares of Wildcat;

	 	 	 	 
	 	(e) 	
      no Person has any right, present or future, contingent or
      absolute, to require Wildcat to issue any Share in its capital and, in
      particular, there are no outstanding securities of Wildcat which are
      convertible into Shares in the capital of Wildcat, and there are no
      outstanding options on or rights to subscribe for any of the unissued
      Shares in the capital of Wildcat, or any agreements, options or
      understandings capable of becoming options or agreements to purchase
      Shares in the capital of Wildcat, except as described in Schedule “F”
      attached hereto.

	 	 	 	 
	 	(f) 	
      the directors and officers of Wildcat are as follows, all
      of whom have been duly and validly appointed:

Directors

Robert A. Wares 
R. Stuart Angus

Donald B. Clark 
Michael A. Steeves 

Officers

Donald B. Clark – Interim President
and Chief Financial Officer

	 	(g) 	
      except as disclosed to or within the knowledge of
      Augusta, no action, suit, judgment, investigation, assessment,
      reassessment, litigation, determination, administrative or other
      proceeding, arbitration or dispute with any Governmental Authority, is in
      progress, pending or threatened by, on behalf of, or against Wildcat, or
      any of its assets and, to the knowledge of the Purchaser, no state of
      facts exists which could reasonably constitute a basis therefor;

	 	 	 
	 	(h) 	
      Wildcat is not in breach of any Applicable Law, the
      breach of which would result in a material adverse change in the position
      (financial, business or otherwise) or

- 19 -

	 		
      condition of Wildcat or would affect the rights of
      Wildcat under any of its material contracts;

	 	 	 	 
	 	(i) 	
      none of the execution and delivery of this Agreement, the
      completion of the transactions contemplated hereby, or the observance and
      performance by Wildcat of its covenants and obligations herein
  will:

	 	 	 	 
	 		(i) 	
      conflict with, or result in a breach of, or violate any
      of the terms, conditions or provisions of the Constating Documents of
      Wildcat,

	 	 	 	 
	 		(ii) 	
      conflict with, or result in a breach of, or violate any
      of the terms, conditions or provisions of any Applicable Law to which
      Wildcat is subject,

	 	 	 	 
	 		(iii) 	
      constitute or result in a breach of or a default under
      any agreement, contract, lease, indenture or other instrument or
      commitment to which Wildcat is a party or is or may become subject or from
      which it derives or may derive benefit,

	 	 	 	 
	 		(iv) 	
      give to any Governmental Authority any right of
      termination, cancellation or suspension of, or constitute a breach of or
      result in a default under, any permit, licence, consent or authority
      issued to Wildcat and which is necessary or desirable in connection with
      the conduct and operation of the business or operations of the ownership
      or leasing of its assets and properties; or

	 	 	 	 
	 		(v) 	
      constitute a default by Wildcat, or any event which, with
      the giving of notice or lapse of time, or both, might constitute an event
      of default under any agreement, contract, lease, indenture or other
      instrument or commitment which could give any Person the right to
      accelerate the maturity for the payment of any amount payable under any
      such agreement, contract, lease, indenture, promissory note or other
      instrument or commitment;

	 	 	 	 
	 	(j) 	
      Wildcat holds all permits, licences, consents and
      authorities issued by any Governmental Authority which are necessary or
      desirable in connection with the conduct and operation of the business of
      Wildcat and the ownership or leasing of its assets as the same are now
      conducted, owned or leased, and all such permits, licences, consents and
      authorities are in full force and effect and no notice of breach or
      default or defect in respect of the terms of any such permit, licence,
      consent or authority has been received by Wildcat, and it is not aware of
      any matters which could give rise to such notice;

	 	 	 	 
	 	(k) 	
      Wildcat is not party to any collective agreement with any
      labour union or other association of employees and Wildcat is not aware of
      any attempt to organize or certify the employees of Wildcat as a
      bargaining unit;

- 20 -

Financial

	 	(l) 	
      Wildcat is not, except as to indebtedness reflected in
      the Wildcat Financial Statements or incurred in the normal course of
      business since December 31, 2005, indebted to any Person other than a
      guarantee provided to Quest Capital Corp (the "Quest Guarantee") which
      will have been discharged as at Closing;

	 	 	 	 
	 	(m) 	
      the Wildcat Financial Statements (as at their respective
      dates):

	 	 	 	 
	 		(i) 	
      are all current and up-to-date and reflect all material
      transactions undertaken by Wildcat to the date thereof,

	 	 	 	 
	 		(ii) 	
      are true and correct and present fairly the financial
      history of Wildcat,

	 	 	 	 
	 		(iii) 	
      have been prepared in accordance with Generally Accepted
      Accounting Principles on a basis consistent with prior periods,
  and

	 	 	 	 
	 		(iv) 	
      include and present fairly all of the assets and
      liabilities of Wildcat as at the date thereof including, without
      limitation, all contingent liabilities of Wildcat;

	 	 	 	 
	 	(n) 	
      other that the transactions contemplated in this
      Agreement and the purchase of 80% interest in Arizona Minerals Inc., there
      are no liabilities, contingent or otherwise, known or unknown, of Wildcat
      which are not disclosed or reflected in the Wildcat Financial Statements
      except those incurred in the ordinary course of its business since the
      date thereof (the “Wildcat Statement Date”) and there have been no
      material adverse changes in the financial affairs of Wildcat since the
      Wildcat Statement Date;

	 	 	 	 
	 	(o) 	
      no dividends have been declared or paid on or in respect
      of any Shares in the capital of Wildcat since incorporation;

	 	 	 	 
	 	(p) 	
      other than the Quest Guarantee and indemnification
      obligations in its articles, Wildcat is not party to and is not bound by
      any guarantee, indemnity, surety or other contingent or similar
      obligation;

	 	 	 	 
	 	(q) 	
      all tax returns and reports of Wildcat required by law to
      be filed prior to the date hereof have been filed and are true, complete
      and correct and all Taxes and other government charges to the Wildcat
      Statement Date have been paid or accrued in the Wildcat Financial
      Statements;

	 	 	 	 
	 	(r) 	
      there are no agreements, waivers or other arrangements
      providing for an extension of time with respect to the filing of any tax
      return by, or payment of, any Taxes, governmental charge or deficiency by
      Wildcat;

	 	 	 	 
	 	(s) 	
      to its knowledge, there is no contingent tax liability of
      Wildcat or any grounds which will prompt reassessment including aggressive
      treatment of income and expenses in filing tax
returns;

- 21 -

Contractual

	 	(t) 	
      other than the Reorganization, there is no agreement,
      option, understanding or commitment, or any right or privilege capable of
      becoming an agreement, option, understanding or commitment for the
      purchase from Wildcat of its business or any of its material assets;
      and

	 	 	 
	 	(u) 	
      Wildcat has filed all reports and documents required to
      be filed with the Commissions, and the Exchange, and is not in default of
      any material requirements of the Business Corporations Act, the Securities
      Act.

2.5         The
Purchaser further represents and warrants to the Vendor as follows:

Status and Capacity of Ventana

	 	(a) 	
      Ventana has full right, power and authority to enter into
      this Agreement and any agreement or instrument referred to or contemplated
      by this Agreement, and all requisite corporate acts and proceedings have
      been taken, or will have been taken before the Closing Date, so that
      Ventana may deal with its interests and fulfill its commitments as herein
      provided and this Agreement constitutes a legal, valid and binding
      obligation of Ventana, enforceable in accordance with its terms, subject
      only to the following qualifications:

	 	 	 	 
	 		(i) 	
      equitable remedies, such as specific performance and
      injunction, are discretionary remedies and, in particular, may not be
      available where damages are an adequate remedy, and

	 	 	 	 
	 		(ii) 	
      enforcement may be limited by bankruptcy, insolvency,
      liquidation, reorganization, reconstruction and other similar laws
      generally affecting the enforceability of creditors’ rights;

	 	 	 	 
	 	(b) 	
      the authorized share capital of Ventana consists of an
      unlimited number of Ventana Shares and an unlimited number of preferred
      shares without par value, and of which 10 Ventana Shares and no preferred
      shares, are issued and outstanding as at Closing;

	 	 	 	 
	 	(c) 	
      upon their issuance, the Ventana Purchase Shares will be
      fully paid and non-assessable Ventana Shares of Ventana;

	 	 	 	 
	 	(d) 	
      no Person has any right, present or future, contingent or
      absolute, to require Ventana to issue any Ventana Share in its capital
      and, in particular, there are no outstanding securities of Ventana which
      are convertible into Ventana Shares in the capital of Ventana, and there
      are no outstanding options on or rights to subscribe for any of the
      unissued Ventana Shares in the capital of Ventana, or any agreements,
      options or understandings capable of becoming options or agreements to
      purchase Ventana Shares in the capital of Ventana except as contemplated
      in the Reorganization and pursuant to the Ventana Special
  Warrants.

- 22 -

	 	(e) 	
      the directors and officers of Ventana are as follows, all
      of whom have been duly and validly appointed:

Directors

Donald Clark 
Michael Steeves

Robert P. Wares

Officers

Donald Clark – President

	 	(f) 	
      since incorporation, Ventana has carried on no
      business;

	 	 	 	 
	 	(g) 	
      no action, suit, judgment, investigation, assessment,
      reassessment, litigation, determination, administrative or other
      proceeding, arbitration or dispute with any Governmental Authority, is in
      progress, pending or threatened by, on behalf of, or against Ventana, or
      any of its assets and, to the knowledge of Ventana, no state of facts
      exists which could reasonably constitute a basis therefor;

	 	 	 	 
	 	(h) 	
      Ventana is not in breach of any Applicable Law, the
      breach of which would result in a material adverse change in the position
      (financial, business or otherwise) or condition of Ventana or would affect
      the rights of Ventana under any of its material contracts;

	 	 	 	 
	 	(i) 	
      none of the execution and delivery of this Agreement, the
      completion of the transactions contemplated hereby, or the observance and
      performance by Ventana of its covenants and obligations herein
  will:

	 	 	 	 
	 		(i) 	
      conflict with, or result in a breach of, or violate any
      of the terms, conditions or provisions of the Constating Documents of
      Ventana,

	 	 	 	 
	 		(ii) 	
      conflict with, or result in a breach of, or violate any
      of the terms, conditions or provisions of any Applicable Law to which
      Ventana is subject,

	 	 	 	 
	 		(iii) 	
      constitute or result in a breach of or a default under
      any agreement, contract, lease, indenture or other instrument or
      commitment to which Ventana is a party or is or may become subject or from
      which it derives or may derive benefit,

	 	 	 	 
	 		(iv) 	
      give to any Governmental Authority any right of
      termination, cancellation or suspension of, or constitute a breach of or
      result in a default under, any permit, licence, consent or authority
      issued to Ventana and which is necessary or desirable in connection with
      the conduct and operation of the business or operations of the ownership
      or leasing of its assets and properties; or

- 23 -

	 	(v) 	
      constitute a default by Ventana, or any event which, with
      the giving of notice or lapse of time, or both, might constitute an event
      of default under any agreement, contract, lease, indenture or other
      instrument or commitment which could give any Person the right to
      accelerate the maturity for the payment of any amount payable under any
      such agreement, contract, lease, indenture, promissory note or other
      instrument or commitment;

Financial

	 	(j) 	
      Ventana is not indebted to any Person;

	 	 	 
	 	(k) 	
      other that the transactions contemplated in this
      Agreement and transactions publicly disclosed, there are no liabilities,
      contingent or otherwise, known or unknown, of Ventana;

	 	 	 
	 	(l) 	
      no dividends have been declared or paid on or in respect
      of any Ventana Shares in the capital of Ventana since
  incorporation;

	 	 	 
	 	(m) 	
      Ventana is not party to and is not bound by any
      guarantee, indemnity, surety or other contingent or similar
    obligation;

	 	 	 
	 	(n) 	
      all tax returns and reports of Ventana required by law to
      be filed prior to the date hereof have been filed and are true, complete
      and correct and all Taxes and other government charges have been
    paid;

	 	 	 
	 	(o) 	
      there are no agreements, waivers or other arrangements
      providing for an extension of time with respect to the filing of any tax
      return by, or payment of, any Taxes, governmental charge or deficiency by
      Ventana;

	 	 	 
	 	(p) 	
      to its knowledge, there is no contingent tax liability of
      Ventana or any grounds which will prompt reassessment including aggressive
      treatment of income and expenses in filing tax
returns;

Contractual

	 	(q) 	
      none of the parties to Ventana’s material contracts has
      made any material default in the performance of the terms
  thereof;

	 	 	 
	 	(r) 	
      other than the Reorganization, there is no agreement,
      option, understanding or commitment, or any right or privilege capable of
      becoming an agreement, option, understanding or commitment for the
      purchase from Ventana of its business or any of its material assets;
      and

	 	 	 
	 	(s) 	
      Ventana is not in default of any material requirements of
      the Business Corporations Act or the Securities
Act.

- 24 -

2.6         The
Purchaser hereby advises the Vendor as to certain matters in connection with the
issuance of securities by the Purchaser hereunder, and the Vendor acknowledges
and agrees, as follows:

	 	(a) 	
      no prospectus has been prepared or filed by the Purchaser
      with any securities commission or similar authority in any jurisdiction in
      connection with the distribution of the Ventana Special Warrants, Wildcat
      Shares or Ventana Purchase Shares hereunder and the Purchaser is relying
      upon an exemption from the requirements of the Securities Act to provide
      the Vendor with a prospectus and to sell securities through a person
      registered to sell securities under the Securities Act and that, as a
      result:

	 	 	 	 
	 		(i) 	
      certain protections, rights, and remedies provided by the
      Securities Act, including statutory rights of rescission or damages, will
      not be available to the Vendor;

	 	 	 	 
	 		(ii) 	
      the Vendor may not receive information and the Purchaser
      is relieved from certain obligations that would otherwise be required to
      be given if a prospectus were provided under applicable securities
      legislation in connection with distribution of the Ventana Special
      Warrants, Ventana Purchase Shares and, if applicable, the Wildcat Shares;
      and

	 	 	 	 
	 		(iii) 	
      the issuance and distribution of Ventana Special
      Warrants, Ventana Purchase Shares and, if applicable, Wildcat Shares to
      the Vendor is subject to such issuance and distribution being exempt from
      the requirements of applicable securities laws as to the filing or
      delivery of a prospectus;

	 	 	 	 
	 	(b) 	
      there is no government or other insurance covering the
      Ventana Special Warrants, Ventana Purchase Shares and, if applicable,
      Wildcat Shares;

	 	 	 	 
	 	(c) 	
      the Ventana Special Warrants, Ventana Purchase Shares
      and, if applicable, Wildcat Shares are extremely speculative investments,
      the acquisition of which involves a substantial degree of risk and the
      Vendor may lose all of its investment in the Ventana Purchase Shares and
      the Wildcat Shares;

	 	 	 	 
	 	(d) 	
      no Governmental Authority, stock exchange or other entity
      has reviewed or made any finding or determination as to the merit for
      investment of, nor has any such Governmental Authority, stock exchange or
      other entity made any recommendation or endorsement with respect to, the
      Ventana Special Warrants, Ventana Purchase Shares and, if applicable,
      Wildcat Shares, and any representation to the contrary is a criminal
      offence; and

	 	 	 	 
	 	(e) 	
      the Purchaser and its counsel will each rely on the
      acknowledgements, representations, and warranties made herein or otherwise
      provided by the Vendor to the Purchaser in completing the acquisition of
      the BC Company Shares and the issuance of the Ventana Special Warrants,
      Ventana Purchase Shares and, if applicable, Wildcat Shares to the
      Vendor,

- 25 -

and the Vendor acknowledges and confirms that it has been made,
and is, aware of each of the foregoing matters.

2.7         The Vendor
acknowledges to, and agrees with, the Purchaser that no information or
representation concerning the Purchaser has been provided to the Vendor by the
Purchaser other than as set out in this Agreement and the Vendor is relying
entirely upon such information or documents as are made publicly available by
the Purchaser and are on file at the Commissions.

2.8         The
representations and warranties hereinbefore set out are conditions on which the
parties have relied in entering into this Agreement and will survive the
acquisition of any interest in the BC Company Shares by Ventana.

2.9         Each party
will defend, indemnify and save each of the other parties harmless from and
against all actions, causes of action, losses, damages, costs, charges,
liabilities and expenses arising out of or in connection with any breach of any
representation, warranty or covenant of such party contained in this
Agreement.

3.          
COVENANTS

3.1         Forthwith
after execution and delivery of this Agreement, the Purchaser will take such
steps and proceedings as may be reasonably required with respect to the
transactions contemplated by this Agreement including, without limitation, the
Reorganization, and will comply with all applicable statutes and regulations and
with all policy statements of the Commissions and the by-laws, rules and
policies of the Exchange.

3.2         The
Purchaser further covenants and agrees with the Vendor that if the Completion
Date does not occur by the Drop Dead Date Augusta shall have the right to
require Wildcat to issue the Wildcat Shares to Augusta on the Drop Dead Date. On
the exercise of this right immediately after the exercise of the Ventana Special
Warrants, each Ventana Purchase Share acquired by Augusta on the exercise of the
Ventana Special Warrants will be exchanged in consideration for one Wildcat
Share.

3.3         The Vendor
covenants with the Purchaser that it will use commercially reasonable efforts to
take such steps and proceedings as may be reasonably required in order to
complete the transfer of the Purchased Quotas to the BC Company and cause the
Delivery Date to occur before the Drop Dead Date.

4.          
PURCHASE AND SALE

4.1         On the
basis of the representations and warranties and subject to the terms and
conditions in this Agreement, on the Closing Date Ventana will purchase and
Augusta will sell to Ventana the BC Company Shares, and Augusta US will sell to
Ventana all of its beneficial interest in the one Company Quota which is not a
Purchased Quota.

- 26 -

5.          
PURCHASE PRICE AND DELIVERY

5.1         Subject to
subsection 5.2, the consideration to be paid by Ventana for the BC Company
Shares (the “Purchase Price”) is:

	 	
      (a) 
	
      the allotment and issuance to Augusta on the date hereof,
      or on such date after Closing as the Purchaser and Augusta may agree, of
      an aggregate of THREE MILLION (3,000,000) fully paid and non-assessable
      Ventana Special Warrants. Each whole Ventana Special Warrant shall be
      deemed to be exercised for no additional consideration into one fully paid
      and non-assessable Ventana Purchase Share on the Completion Date if the
      Completion Date occurs before the Drop Dead Date. If, however, the
      Completion Date has not occurred on or before the Drop Dead Date, each
      whole Ventana Special Warrant shall be deemed to be exercised for no
      additional consideration into one fully paid and non-assessable Ventana
      Purchase Share on the Drop Dead Date and immediately thereafter Augusta
      will exercise its right under Subsection 3.2 pursuant to which each
      Ventana Purchase Share shall immediately be exchanged, for no additional
      consideration, for one Wildcat Share; and

	 	 	 
	 	(b) 	
      US $675,000 to the Vendor on the Closing Date, or on such
      date after Closing as the Purchaser and the Vendor may
  agree.

5.2         Subject to
the terms and conditions hereof, the Purchaser and the Vendor covenant and agree
that at the Closing, or as at such date after Closing as the Purchaser and the
Vendor may agree, the BC Company Shares will be transferred to and registered in
the name of Ventana.

5.3         Subject to
the terms and conditions hereof, the Purchaser and the Vendor covenant and agree
that on the Delivery Date the Purchased Quotas will have been transferred to and
registered in the name of the BC Company.

5.4         The
consideration to be paid by Ventana to Augusta US for its beneficial interest in
the one Company Quota that is not a Purchased Quota shall be US $1.00.

5.5         From and
after date hereof, the Purchaser will assume, pay, discharge, perform and be
responsible for any and all obligations and liabilities of the Vendor arising
under the Contracts including without limitation any and all amounts owed by the
Vendor, accruing, arising out of, or relating to the Contracts, if any, whether
actual or contingent, matured or unmatured, liquidated or unliquidated, or known
or unknown, which are now or hereafter outstanding or payable by Vendor,
including without limitation any and all royalties or payments that are required
to be made, together with all interest which accrues thereon from time to time
(the “Assumption”), and will indemnify the Vendor against and bear all expenses
in connection with this Assumption, including any and all loss or damage
suffered or incurred by the Vendor in respect of the obligation to make payments
of any nature whatsoever in respect of the debts, liabilities, obligations,
claims, demands, costs and expenses hereby assumed.

- 27 -

6.          
CLOSING 

6.1         On Closing,
the Vendor will deliver or cause to be delivered to the Purchaser, or as
directed by the Purchaser:

	 	(a) 	
      subject to subsection 5.2, an irrevocable stock power of
      attorney authorizing the transfer of the BC Company Shares into the name
      of Ventana and the share certificates representing the BC Company
      Shares;

	 	 	 
	 	(b) 	
      a share certificate registered in the name of Ventana
      representing the BC Company Shares and a copy of the central securities
      register of the BC Company showing Ventana as the registered owner of the
      BC Company Shares;

	 	 	 
	 	(c) 	
      copies of the Contracts, duly executed by all the parties
      thereto;

	 	 	 
	 	(d) 	
      copies of all corporate records and books of account of
      the BC Company and the Company including, without limitation, minute
      books, share register books and annual filings and duly executed copies of
      the Material Contracts;

	 	 	 
	 	(e) 	
      all Data; and

	 	 	 
	 	(f) 	
      a copy of the declaration of trust by Ernesto Lopez
      Gomez, the holder of the one Company Quota that is not a Purchased Quota,
      that he holds such Company Quota in trust for, and for the benefit of,
      Ventana, with the original to be delivered to Ventana by courier after
      Closing.

6.2         On Closing,
the Purchaser will deliver or cause to be delivered to, or as instructed by, the
Vendor:

	 	(a) 	
      certified copies of resolutions of the directors of
      Wildcat and Ventana, in each case authorizing this Agreement, the issuance
      of the Ventana Special Warrants, Ventana Purchase Shares and Wildcat
      Shares, authorizing the delivery of the Ventana Special Warrant
      certificates in the name of Augusta;

	 	 	 
	 	(b) 	
      certificates representing the Ventana Special Warrants
      registered in the name of Augusta; and

	 	 	 
	 	(c) 	
      a legal opinion in respect of the Ventana Special
      Warrants, Ventana Shares and, if applicable, Wildcat Shares to be issued
      to Augusta in a form satisfactory to the Vendor and its counsel acting
      reasonably.

7.          
HOLD PERIOD AND RESALE RESTRICTIONS
AND 
              VENDOR’S
COVENANT REGARDING RESALE OF SHARES

7.1         The Vendor
acknowledges that the Ventana Special Warrants, Ventana Purchase Shares and, if
applicable, Wildcat Shares are subject to resale restrictions imposed under
applicable securities laws and the rules of regulatory bodies having
jurisdiction including, without limiting the generality of the foregoing:

- 28 -

	 	(a) 	
      a requirement that some or all of the Ventana Purchase
      Shares or, if applicable, Wildcat Shares to be allotted and issued to
      Augusta be placed in a voluntary pooling agreement, in the form attached
      hereto as Schedule “H”, and released, in accordance with such timed
      release;

	 	 	 
	 	(b) 	
      a requirement under the Multilateral Instrument 45-102
      made under the Securities Act that the Ventana Special Warrants and
      Ventana Purchase Shares may not be traded for a period of four (4) months
      from the date Ventana becomes or is deemed to become a reporting issuer in
      a jurisdiction of Canada, except pursuant to either a prospectus or an
      exemption from the applicable prospectus requirements;

	 	 	 
	 	(c) 	
      if applicable, a requirement under the Multilateral
      Instrument 45-102 that the Wildcat Shares may not be traded for a period
      of four (4) months from the date of this Agreement, except pursuant to
      either a prospectus or an exemption from the applicable prospectus
      requirements; and

	 	 	 
	 	(d) 	
      if the Vendor is a “control person” there are additional
      specific restrictions on the ability of the Vendor to dispose of the
      Ventana Special Warrants, Ventana Purchase Shares or Wildcat Shares in
      addition to the foregoing.

7.2         The Vendor
acknowledges that it is the responsibility of the Vendor to determine and
confirm what restrictions there are on the Vendor’s ability to resell the
Ventana Special Warrants, Ventana Purchase Shares and, if applicable, Wildcat
Shares and to comply with them before selling any of the Ventana Special
Warrants, Ventana Purchase Shares and, if applicable, Wildcat Shares and, in
particular, the Vendor covenants with the Purchaser that:

	 	(a) 	
      it will comply with the applicable rules and policies of
      the Exchange and the provisions of the Securities Act, the 1933 Act, and
      any other relevant securities legislation, concerning the holding and
      resale or other disposition of the Ventana Special Warrants, Ventana
      Purchase Shares and, if applicable, Wildcat Shares; and

	 	 	 
	 	(b) 	
      upon each resale or other disposition by the Vendor of
      the Ventana Special Warrants, Ventana Purchase Shares and, if applicable,
      Wildcat Shares, the Vendor will effect such resale only in accordance with
      all applicable laws and stock exchange rules and
  policies.

8.          
REORGANIZATION

8.1         The Vendor
and Purchaser acknowledge and agree that the Purchaser shall use commercially
reasonable efforts to complete the Reorganization, the structure and details of
which are to be determined by the Purchaser in it sole discretion as soon as
reasonably practicable after Closing.

- 29 -

9.          
GENERAL PROVISIONS

9.1         The Vendor,
at its expense, will, and prior to Closing will procure that the BC Company and
the Company will, execute and deliver all such further documents and
instruments, give all such further assurances, and do all such acts and things
as the Purchaser or its solicitors may reasonably require to carry out the full
intent and meaning of this Agreement and to assure to Ventana the BC Company
Shares and the Purchased Quotas.

9.2         The
Purchaser, at its expense, will, and after Closing will procure that the BC
Company and the Company will, execute and deliver all such further documents and
instruments, give all such further assurances and do all such acts and things as
the Vendor or its solicitors may reasonably required to carry out the full
intent and meaning of this Agreement, including without limitation any
documents, filings or actions necessary to permit the Vendor to make use of
applicable tax rollover provisions and tax benefits, including any related
adjustments required to limit tax liabilities.

9.3         This
Agreement contains the whole agreement between the Vendor and the Purchaser in
respect of the subject matter hereof and supersedes and replaces all prior
negotiations, communications, correspondence and agreements. There are no
warranties, representations, terms, conditions or collateral agreements, express
or implied, statutory or otherwise, other than as expressly set forth in this
Agreement.

9.4         This
Agreement will enure to the benefit of and be binding upon the parties and each
of them and their respective heirs, successors, liquidators, executors. No party
may assign any of its right, title or interest in, to or under this Agreement,
nor will any such purported assignment be valid amongst the parties hereto,
except with the prior written consent of all parties hereto, such consent not to
be unreasonably withheld.

10.        
APPLICABLE LAW

10.1        This
Agreement will be governed by the laws (without reference to their choice of law
rules) of British Columbia and the laws of Canada applicable therein.

11.        
ARBITRATION

11.1        Any dispute,
controversy or claim arising out of or relating to this Agreement, or the
breach, termination or invalidity of it, shall be referred to and finally
resolved by arbitration in accordance with the rules of the British Columbia
International Commercial Arbitration Centre in effect on the date of the
commencement of any arbitration hereunder.

11.2        The parties
agree that:

	 	(a) 	
      the appointing authority will be the British Columbia
      International Commercial Arbitration
Centre;

- 30 -

	 	(b) 	
      the case will be administered by the British Columbia
      International Commercial Arbitration Centre in accordance with its
      “Domestic Commercial Arbitration Rules”;

	 	 	 
	 	(c) 	
      the place of arbitration will be Vancouver, British
      Columbia;

	 	 	 
	 	(d) 	
      the number of arbitrators will be one (1); and

	 	 	 
	 	(e) 	
      the language used in the arbitral proceeding will be
      English.

11.3        The
arbitrator’s fees will be paid by the disputant parties in equal parts during
the course of the arbitration but upon final decision of the dispute, the
defeated party or parties will pay all costs of the prevailing party or parties
in connection with the arbitration and reimburse all such fees paid by the
prevailing party or parties, subject to any contrary decision of the
arbitrator.

11.4        Arbitrations
pursuant to this section 11 will be carried out in such a manner as to render
the arbitration award enforceable in each of British Columbia and any other
jurisdiction in which a disputant resides, and in that regard all requirements
of any such jurisdiction with respect to rendering a foreign arbitral award
enforceable will be complied with.

11.5        The City of
Vancouver will be the venue for any legal proceedings to enforce in British
Columbia any arbitral award pursuant to this Agreement. In the case of other
jurisdictions, the prevailing party or parties may, in their sole discretion,
select the venue in the jurisdiction in question where legal proceedings will be
brought to enforce in such jurisdiction any arbitral award pursuant to this
Agreement.

12.        
NOTICES

12.1        Any notice,
direction or other instrument required or permitted to be given under this
Agreement will be in writing and will be given by sending the same by electronic
facsimile, followed by a hard copy sent by registered airmail, in each case
addressed as follows:

	 	(a) 	
      If to the Vendor:

Augusta Capital Corporation 
400 –
837 West Hastings Street 
Vancouver, B.C. V6C 3N6

Attention: President
Facsimile No.:
(604) 687-1715

- 31 -

with a copy for information purposes only to:

Gowling Lafleur Henderson LLP

Suite 2300 - 1055 Dunsmuir Street 
Vancouver, BC V7X 1J1

Attention: Daniel Allen 
Facsimile
No.: (604) 689-8610

	 	(b) 	
      If to the Purchaser at:

Wildcat Silver Corporation 
400 –
837 West Hastings St. 
Vancouver, BC V6C 3N6

Attention: President
Facsimile No.:
(604) 687-1715

with a copy for information purposes
only to:

McCullough O'Connor Irwin LLP 
1100
- 888 Dunsmuir Street 
Vancouver, B.C.
Canada V6C 3K4

Attention: Jonathan McCullough

Facsimile No.: (604) 687-7099

12.2        Provided that
the sender’s facsimile machine produces a written confirmation slip indicating
that the facsimile was received by the facsimile machine at the intended
recipient’s facsimile number fixed in accordance with this section, any notice,
direction or other instrument aforesaid will be deemed to have been given and
received on the day it was sent by facsimile unless it was sent:

	 	(a) 	
      on a day which is not a Business Day in the place to
      which it was sent; or

	 	 	 
	 	(b) 	
      after 4:00 p.m. in the place to which it was
  sent,

in which cases it will be deemed to have been given and
received on the next day which is a Business Day in the place it was sent to.
Notices which are required to be sent for information purposes are required to
be sent, but for the purposes of determining the time when receipt of a notice
is effective hereunder it is the time of receipt of the primary notice which is
relevant.

12.3        Any party may at
any time give to the others notice in writing of any change of address of the
party giving such notice and from and after the giving of such notice the
address or addresses therein specified will be deemed to be the address of such
party for the purposes of giving notice hereunder.

- 32 -

13.      
    CONFIDENTIAL INFORMATION

13.1         So long as
this Agreement is in effect and except as provided by Applicable Law, legal
process or as required by the Commissions or the Exchange, each party will keep
the contents of this Agreement and any documents, materials or correspondence
provided hereunder (the “Confidential Information”) in the strictest confidence
(and shall cause their respective representatives and agents to maintain such
confidentiality) and shall promptly advise, consult and obtain the approval of
the other party (such approval not to be unreasonably withheld) prior to
issuing, or permitting any of their representatives to issue, any press release
or statement to the media or any third party with respect to the transactions
contemplated herein.

13.2         Each party
agrees that any Confidential Information delivered to it hereunder by the other
party will remain the property of the delivering party and that delivery of any
Confidential Information to the party will not give it any right or interest
therein other than the rights of use granted by this Agreement.

13.3         No party
shall use or disclose Confidential Information of another party except for the
purposes of this Agreement. Each party shall treat the Confidential Information
of the other party in the same way it treats its own confidential information
and shall use all reasonable efforts to protect the Confidential Information
against unauthorized use or disclosure.

13.4         In the
event that the transactions contemplated herein are not completed, each party
shall immediately (and, in any event, within three business days) return all
Confidential Information received from the other parties, including all copies
(including electronic copies) or reproductions of such documents.

13.5         Each party
may disclose the Confidential Information of the other party to its directors,
officers and employees and to outside consultants, including but not limited to
lawyers, investment bankers and other consultants (“Consultants”) who
participate in the party’s evaluation of the Confidential Information for the
purposes of this Agreement. Each party shall disclose Confidential Information
only to those Consultants who have agreed to be bound by the obligations of the
parties hereunder. Each party agrees to be liable to the other for any breach of
this Agreement with respect to Confidential Information by such party or by its
directors, officers, employees or Consultants.

13.6         Each party
acknowledges that money damages will not be an adequate remedy for breach of the
confidentiality obligations and limitations on use created by or arising under
this Agreement and agrees that the other party shall be entitled to equitable
relief, including injunction and specific performance, in the event of any
breach of the confidentiality obligations and limitations on use created by or
arising under this Agreement.

14.          
COUNTERPARTS

14.1         This
Agreement, and any certificates or other writing delivered in connection
herewith, may be executed in any number of counterparts with the same effect as
if all parties had all signed the same documents, and all such counterparts and
adopting instruments will be construed together and will constitute one and the
same instrument. The execution of this Agreement and 

- 33 -

any other writing by any party hereto or thereto will not
become effective until counterparts hereof or thereof, as the case may be, have
been executed by all the parties hereto or thereto, and executed copies
delivered to each party who is a party hereto or thereto. Such delivery may be
made by facsimile transmission of the execution page or pages, hereof or
thereof, to each of the other parties by the party signing the particular
counterpart, provided that forthwith after such facsimile transmission, an
originally executed execution page or pages is forwarded by prepaid express
courier to each of the other parties by the party signing the particular
counterpart.

IN WITNESS WHEREOF the parties have executed and delivered this
Agreement.

	The Corporate Seal of AUGUSTA 	) 	  
	CAPITAL CORPORATION was hereunto 	) 	  
	affixed in the presence of: 	) 	  
	  	) 	  
	“Richard W.
      Warke” 	) 	  
	Authorized Signatory 	) 	  
	  	) 	 c/s 
	  	) 	  
	Authorized Signatory 	) 	  
	  	) 	  
	  	  	  
	  	  	  
	The Corporate Seal of WILDCAT SILVER 	) 	  
	CORPORATION was hereunto affixed in 	) 	  
	the presence of: 	) 	  
	  	) 	  
	“Donald B.
      Clarke” 	) 	  
	Authorized Signatory 	) 	  
	  	) 	c/s 
	  	) 	  
	Authorized Signatory 	) 	  
	  	) 	  
	  	  	  
	  	  	  
	The Corporate Seal of VENTANA GOLD 	) 	  
	CORP. was hereunto affixed in the presence 	) 	  
	of: 	) 	  
	  	) 	  
	“Donald B.
      Clarke” 	) 	  
	Authorized Signatory 	) 	  
	  	) 	c/s 
	  	) 	  
	Authorized Signatory 	) 	  
	  	) 	  

- 34 -

	The Corporate Seal of AUGUSTA 	) 	  
	CAPITAL (U.S.) CORPORATION was 	) 	  
	hereunto affixed in the presence of: 	) 	  
	  	) 	  
	“Richard W.
      Warke” 	) 	  
	Authorized Signatory 	) 	  
	  	) 	c/s 
	  	) 	  
	Authorized Signatory 	) 	  
	  	) 	  

SCHEDULE “A” 
ASSETS OF THE COMPANY

	1. 	
      The Material Contracts

SCHEDULE “B” 
THE PROPERTIES

LA BODEGA PROPERTY 

Legal Description of Licence

Mining Concession Contract No. 3451 dated September 10, 2004
covering 178 hectares and 6,585 square meters situated in the Municipality of
California, Department of Santander, Republic of Colombia. 

SCHEDULE “C”
MATERIAL CONTRACTS OF THE COMPANY AND
SUBSIDIARIES

	1. 	
      The Contracts.

	 	 
	2. 	
      The rental or lease agreements summarized
  below:

	ITEM 
	MONTHLY RENT 
(Colombian Pesos) 	RENTAL TERM 

	Office 	1,650,000 	1 year 
	California House 	800,000 	6 Months 
	Toyota Pickup 	3,600,000 	6 months 
	Toyota Pickup 	3,600,000 	6 months 

SCHEDULE “D”
FINANCIAL STATEMENTS OF
COMPANY

SCHEDULE “E” 
EMPLOYEES

	1. 	
      THE COMPANY

	Name 
	Monthly Salary 
(Colombian
      Pesos) 	Employment Term 

	 	 	 
	Jose Bautista 	456,000 	3 months 
	 	 	 
	Olivia Gonzalez 	1,400,000 	3 months 
	 	 	 
	Diego Jacome 	1,500,000 	3 months 
	 	 	 
	Alberto Moncada 	456,000 	3 months 
	 	 	 
	Alvaro Moncada 	456,000 	3 months 
	 	 	 
	Alfonso Rodriguez 	1,400,000 	3 months 
	 	 	 
	Tulia Rojas 	1,400,000 	3 months 
	 	 	 
	Martin Rueda 	2,500,000 	3 months 
	 	 	 
	Cristian Toloza 	800,000 	3 months 
	 	 	 
	Pablo Toloza 	456,000 	3 months 
	 	 	 
	Claudia Uribe 	800,000 	3 months

SCHEDULE “F”
OUTSTANDING WILDCAT SECURITIES

34,300,780 issued and outstanding common shares

16,876,250 warrants to purchase 16,876,250 common shares

SCHEDULE “G”
OUTSTANDING VENTANA SECURITIES

Ten Common Shares registered in the name of Wildcat Silver
Corporation.

SCHEDULE “H”
VOLUNTARY POOLING AGREEMENTFiled by Automated Filing Services Inc. (604) 609-0244 - Wildcat Silver Corp. - Exhibit 4.6

VOLUNTARY POOLING AGREEMENT

THIS AGREEMENT, dated for reference May 18, 2006, is made:

AMONG:

WILDCAT SILVER CORPORATION, a
company existing
under the laws of British Columbia and having its head
office at
Suite 400, 837 West Hastings Street, Vancouver, British
Columbia,
V6C 3N6

(the “Company”);

AND:

VENTANA GOLD CORP., a company
existing under the laws of
British Columbia and having its head office at
Suite 400, 837 West
Hastings Street, Vancouver, British Columbia, V6C
3N6

(“Ventana”)

AND:

AUGUSTA CAPITAL CORPORATION, a
corporation duly
incorporated and validly subsisting under the laws of
British
Columbia, and having an office Suite 400, 837 West
Hastings
Street, Vancouver, British Columbia, V6C 3N6

(the “Shareholder”);

WHEREAS:

A.      Pursuant to a share purchase
agreement dated for reference May 18, 2006 entered into among the Company,
Augusta Capital (U.S.) Corporation, Ventana and the Shareholder (the “Share
Purchase Agreement”) Ventana issued to the Shareholder an aggregate of 3,000,000
Class “A” special warrants (the “Special Warrants”).

B.      Each of the Special Warrants
is exercisable to acquire one common share in the capital of Ventana (the
“Ventana Shares”) for no additional consideration, pursuant to the terms and
conditions of the Share Purchase Agreement and the certificates representing
such Special Warrants. In certain circumstances set out in the Share Purchase
Agreement, the Shareholder has the right to require the Company to issue to the
Shareholder 3,000,000 common shares in the capital of the Company (the “Wildcat
Shares”) in exchange for the Ventana Shares.

C.      Ventana, the Company and the
Shareholder have agreed to restrict the Ventana Shares or the Wildcat Shares, as
applicable (together, the “Pooled Shares”) from being disposed of by the
Shareholder on the terms and conditions of this Agreement.

- 2 -

D.      Unless otherwise defined in
this Agreement, all defined terms used in this Agreement have the meaning
assigned to them in the Share Purchase Agreement.

THEREFORE, the parties agree:

	1. 	
      POOLING ARRANGEMENT

1.1       The Shareholder agrees,
effective as of the date of this Agreement (the “Effective Date”), not to
transfer, assign, option, dispose of, pledge or encumber any interest in the
Pooled Shares (the “Restrictions on Disposition”) other than pursuant to this
Agreement or subsection 3.2 of the Share Purchase Agreement.

1.2       Subject to subsection
1.3 of this Agreement, in the period from the Effective Date to the date which
is 36 months following the Effective Date, the Pooled Shares will be released
from the Restrictions on Disposition to the Shareholder in accordance with the
release schedule set out in Schedule “A” to this Agreement. 

1.3       Notwithstanding
subsection 1.2 of this Agreement, the Pooled Shares will automatically be
released from the Restrictions on Disposition on the earliest to occur of the
following: 

	 	(a) 	
      the day Ventana or the Company completes, or has
      completed, a technical report in accordance with National Instrument
      43-101, Standards of Disclosure for Mineral Projects, (“NI 43-101”) that
      identifies a measured, indicated or inferred mineral resource (as defined
      in NI 43-101) of at least 1,000,000 ounces of gold on the La Bodega
      Property, as such term is defined in the Share Purchase
  Agreement;

	 	 	 	 
	 	(b) 	
      if the Ventana Shares have been issued to the
      Shareholder:

	 	 	 	 
	 		(i) 	
      the day after any regulatory or public disclosure filings
      confirming that there has been a change of the Chief Executive Officer
      (and/or President) and the Chief Financial Officer of Ventana following
      the date of the Reorganization, as such term is defined in the Share
      Purchase Agreement;

	 	 	 	 
	 		(ii) 	
      the day after any regulatory or public disclosure filings
      confirming that there has been a change of the majority of the directors
      of Ventana following the date of the Reorganization;

	 	 	 	 
	 		(iii) 	
      the day after any regulatory or public disclosure filings
      confirming the creation of a new control person or control block holding
      over 20% of the issued and outstanding shares of Ventana following the
      date of the Reorganization; or

	 	 	 	 
	 		(iv) 	
      the day a third party arm’s length to Ventana completes a
      takeover bid, or otherwise acquires, over 50% of the issued and
      outstanding shares of Ventana; or

- 3 -

	 	(c) 	
      if the Wildcat Shares have been issued to the
      Shareholder:

	 	 	 	 
	 		(i) 	
      the day after any regulatory or public disclosure filings
      confirming that there has been a change of the Chief Executive Officer
      (and/or President) and the Chief Financial Officer of the Company
      following the date of this Agreement (except pursuant to the
      Reorganization, if applicable);

	 	 	 	 
	 		(ii) 	
      the day after any regulatory or public disclosure filings
      confirming that there has been a change of the majority of the directors
      of the Company following the date of this Agreement (except pursuant to
      the Reorganization, if applicable);

	 	 	 	 
	 		(iii) 	
      the day after any regulatory filings confirming the
      creation of a new control person or control block holding over 20% of the
      issued and outstanding shares of the Company following the date of this
      Agreement (except pursuant to the Reorganization, if applicable);
  or

	 	 	 	 
	 		(iv) 	
      the day a third party arm’s length to the Company
      completes a takeover bid, or otherwise acquires, over 50% of the issued
      and outstanding shares of the Company.

1.4       Upon their release from
the Restrictions on Disposition pursuant to subsections 1.2 or 1.3 of this
Agreement, the Pooled Shares will cease to be governed or affected by this
Agreement.

1.5       During the period in
which the Pooled Shares are subject to the Restrictions on Disposition pursuant
to this Agreement:

	 	(a) 	
      the Shareholder may exercise all voting rights attached
      to the Pooled Shares held by the Shareholder;

	 	 	 
	 	(b) 	
      the Pooled Shares may be transferred to another person
      only if the board of directors of Ventana in respect of the Ventana
      Shares, or the board of directors of the Company in respect of the Wildcat
      Shares, as applicable, has approved the transfer provided that any such
      transfer will only be effective if the transferee agrees to be bound by
      the terms of this Agreement and signifies such agreement by entering into
      a voluntary pooling agreement in respect of the shares that are to be
      transferred on the same terms as are contained in this
  Agreement.

1.6       Ventana or the Company,
as applicable, will conspicuously mark all certificates representing the Pooled
Shares with the following legend:

“The shares represented by this
  certificate are subject to a voluntary pooling agreement among the Augusta Capital
  Corporation, Wildcat Silver Corporation and Ventana Gold Corp., dated for reference
  May 18, 2006 (the “Agreement”), and are subject to a hold period that
  expires on the earlier of <> [enter the applicable release date in
  respect of the applicable amount of Pooled Shares

- 4 -

as set out in Schedule “A”] and
the day calculated pursuant to subsection 1.3 of the Agreement.

	2. 	
      AMENDMENT AND ASSIGNMENT

This Agreement may be amended only by a written agreement among
the parties to this Agreement.

	3. 	
      FURTHER ASSURANCES

The Company, Ventana and the Shareholder will execute and
deliver any further documents and perform any acts necessary to carry out the
intent of this Agreement.

	4. 	
      TIME

Time is of the essence of this Agreement.

	5. 	
      NOTICES

All notices, documents and other communications (“Notices”)
required or permitted to be given to the parties to this Agreement will be in
writing, and will be addressed to the parties as follows or at such other
address as the parties may specify from time to time:

	 	(a) 	
      the Company:

	 	 	 
	 		
      Wildcat Silver Corporation

	 		400 – 837 West Hastings Street
	 		
      Vancouver, B.C. 

	 	 	V6C 3N6
	 		
       

	 	 	Attention: President
	 	 	Facsimile No.: (604) 687-1715
	 	 	 
	 	(b) 	
      Ventana

	 	 	 
	 		
      Ventana Gold Corp.

	 		400 – 837 West Hastings Street 
	 	 	Vancouver, B.C.
	 		
      V6C 3N6

	 	 	 
	 		
      Attention: President 

	 	 	Facsimile No.: (604) 687-1715
	 	 	 
	 	(c) 	
      the Shareholder:

- 5 -

Augusta Capital Corporation
400 –
837 West Hastings Street
Vancouver, B.C. 
V6C 3N6
Attention:
President
Facsimile No.: (604) 687-1715

Notices must be delivered to the party to which notice is to be
given to the address above or to such other address as a party may by Notice to
the other parties advise. If Notice is delivered or transmitted by telecopier
during the normal business hours of the recipient, it will be deemed to be
received when delivered or sent by telecopier. If a Notice is delivered or
transmitted by telecopier outside of normal business hours of the recipient, it
will be deemed to be received at the commencement of normal business hours of
the recipient on the next business day.

	6. 	
      COUNTERPARTS

This Agreement may be executed in two or more counterparts,
each of which will be deemed to be an original and all of which shall constitute
one agreement.

	7. 	
      LANGUAGE

Wherever a singular expression is used in this Agreement, that
expression is deemed to include the plural or the body corporate where required
by the context.

	8. 	
      ENUREMENT

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

	9. 	
      APPLICABLE LAW

This Agreement is subject to and governed by the laws of
British Columbia and the parties irrevocably attorn to the non-exclusive
jurisdiction of the courts of British Columbia for the resolution of all
disputes arising under or in connection with this Agreement.

	10. 	
      CONFLICTING AGREEMENTS

Where a provision of this Agreement conflicts or is
inconsistent with a provision of any other agreement to which either of or all
of the Company, Ventana and the Shareholder are party, other than the Share
Purchase Agreement or ,if the Wildcat Shares are issued, the Reorganization, as
such term is defined in the Share Purchase Agreement, the terms of this
Agreement will supersede any such conflicting provision.

- 6 -

IN WITNESS of this Agreement, the parties have executed and
delivered this Agreement as of the date given above.

WILDCAT SILVER CORPORATION

	/s/ Donald B. Clark	 
	Authorized Signatory
    	 
	 	 
	 	 
	 	 
	VENTANA GOLD CORP. 	 
	 	 
	/s/ Donald B. Clark 	 
	Authorized Signatory 	 
	 	 
	 	 
	 	 
	AUGUSTA CAPITAL CORPORATION 	 
	 	 
	/s/ Richard W. Warke 	 
	Authorized Signatory 	 

Schedule “A” to the Voluntary Pooling Agreement

Release Schedule for 3,000,000 Pooled Shares

Timed Release

The appropriate percentage of the Pooled Shares will be
released on the later of: (i) the date of issuance of the Ventana Shares
pursuant to the exercise of the Special Warrants or the date of issuance of the
Wildcat Shares pursuant to the Share Purchase Agreement dated for reference May
18, 2006 entered into among the Company, Ventana, the Shareholder and Augusta
Capital (U.S.) Corporation, as applicable; or (ii) the release dates set out
below.

	

RELEASE DATES 	Percentage of Total Pooled
      
Shares to be Released 
	Total Number of Pooled 
Shares
      to be Released 

	May 18, 2006 	10% of Pooled Shares 	300,000 
	November 18, 2006 	15% of Pooled Shares 	450,000 
	May 18, 2007 	15% of Pooled Shares 	450,000 
	November 18, 2007 	15% of Pooled Shares 	450,000 
	May 18, 2008 	15% of Pooled Shares 	450,000 
	November 18, 2008 	15% of Pooled Shares 	450,000 
	May 18, 2009 	15% of Pooled Shares 	450,000 
	TOTAL 	100% 	3,000,000

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