Hi Ho Silver Resources Inc. Sample Contracts

PROPERTY OPTION AMENDMENT AGREEMENT
Property Option Amendment Agreement • March 20th, 2007 • Hi Ho Silver Resources Inc. • Mining & quarrying of nonmetallic minerals (no fuels)

NOW, THEREFORE, in consideration of the sum of $1.00 paid by each of the parties to the other and for and other good and valuable consideration (the receipt and sufficiency of which is hereby acknowledged), the parties agree as follows:

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LETTERHEAD OF ST. ELIAS MINES LTD.]
Letter Agreement • March 20th, 2007 • Hi Ho Silver Resources Inc. • Mining & quarrying of nonmetallic minerals (no fuels)

This letter sets forth the general terms pursuant to which it is proposed that Hi Ho Silver Resources Inc. (“Hi Ho Silver”) acquire from St. Elias Mines Ltd. (“St. Elias”) an option to earn an interest in the South Rim Project (as more particularly described below and referred to herein as the “Property”) in the Houston area of British Columbia. The parties hereto intend to enter into a formal agreement (the “Formal Agreement”), incorporating the terms herein and such further terms as the parties may agree upon. The terms of this Letter Agreement and the Formal Agreement may be subject to regulatory approval.

Re: Property Purchase Agreement between Hi Ho Silver Resources Inc. and Madman Mining Co. Ltd. on the Silver Tip Silver Project, British Columbia
Hi Ho Silver Resources Inc. • March 20th, 2007 • Mining & quarrying of nonmetallic minerals (no fuels) • Ontario

This letter sets forth the terms, and shall act as the agreement (the “Agreement”), under which Hi Ho Silver Resources Inc. (“Hi Ho Silver”) can acquire from Madman Mining Co. Ltd. (“Madman”) an option to earn a 100% interest in the Silver Tip Project (as more particularly described below and referred to herein as the “Property”) in the Kaslo area of British Columbia. The terms of this Agreement may be subject to regulatory approval.

KETTLE RIVER PROPERTY PROPERTY OPTION AGREEMENT Dated as of September 12, 2005 Between: ST. ELIAS MINES LTD. and: HI HO SILVER RESOURCES INC.
Property Option Agreement • March 20th, 2007 • Hi Ho Silver Resources Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia

ST. ELIAS MINES LTD., a company incorporated under the laws of the Province of British Columbia and having its head office at Suite 604 - 700 West Pender Street, Vancouver, B.C., V6C 1G8

PART-TIME CONTRACTOR SERVICES AGREEMENT
Part-Time Contractor Services Agreement • March 20th, 2007 • Hi Ho Silver Resources Inc. • Mining & quarrying of nonmetallic minerals (no fuels)

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the respective covenants and agreements of the parties contained herein, the sum of one dollar paid by each party hereto to the other and other good and valuable consideration (the receipt and sufficiency of which is hereby acknowledged by each of the parties hereto) it is agreed as follows:

AGORACOM INVESTOR RELATIONS CORP. LETTERHEAD]
Investor Relations Agreement • March 20th, 2007 • Hi Ho Silver Resources Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • Ontario

Hi Ho Silver Resources Inc., a company subsisting under the laws of Canada and having its head office at 3045 Southcreek Rd, Suite 15A, Mississauga, Ontario, L4X 2E9

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