MEMORANDUM OF AGREEMENT
Exhibit
10.6
This
AGREEMENT (herein AAGREEMENT@)
is
entered into this 10th
day of
February 2008, between Xxxxx Resources Inc. (ANILAM@
or
Athe
corporation@),
and
MRC1 Explorations of Lima, Peru. (“MRC1”).
WHEREAS,
Xxxxx has entered into an Letter of Intent with MRC1 to purchase the concessions
comprising the Pattivilca Mine (collectively “Pattivilca”).
WHEREAS,
Xxxxx has completed its due diligence examination and is currently working
with
MRC1 to draft a Purchase Agreement for Pattivilca under the terms stated in
the
Letter of Intent.
WHEREAS,
Xxxxx and MRC1 have agreed to execute a Purchase Agreement no later than April
1, 2008
WHEREAS,
Xxxxx shall pay $10,000 to secure the purchase of Pattivilca. That sum shall
be
applied to the purchase price at closing.
NOW,
THEREFORE, in consideration of the mutual covenants herein contained, the
parties
agree
as
follows:
Xxxxx
shall pay $10,000 to MRC1 to secure the purchase of Pattivilca. That sum shall
be applied to the purchase price at closing. The closing shall be no later
than
April 1, 2008 unless otherwise agreed to by the parties.
IN
WITNESS WHEREOF, the undersigned have executed this AGREEMENT and RELEASE in
duplicate originals as of the date first set forth above.
/s/ Xxxxx Xxxxxx Xxxxxxx
Xxxxx
Xxxxxx Xxxxxxx
MCR1
Exploration
/s/ Xxx XxXxxx
Len
De
Melt, Director
Xxxxx
Resources, Inc.