Strictly Private & Confidential

Exhibit 10.18

Strictly Private & Confidential

October 9, 2013

Xxxxxx Xxxxxx

c/o Incorporated Communications Services

0000 Xxxxx Xxxx Xxxx., Xxxxx 000

Xx Xxxxxx, XX 00000

Re:            California Gold Corp. – Xxxxxx Xxxxxx

Settlement and Release Agreement

Dear Xxxxxx:

This letter is to acknowledge that (i) California Gold Corp. (the “Company”) has agreed to issue to Xxxxxx Xxxxxx  (“Xxxxxx”) 4,500,000 restricted shares of its common stock, $0.001 par value per share, as settlement in full (the “Settlement Shares”) of all obligations owed Xxxxxx by the Company, totaling $45,000, with respect to the consulting agreements between Xxxxxx and the Company  dated January 17, 2012 and January 17, 2013 (the “Consulting Agreements”); (ii) upon receipt of the Settlement Shares by Xxxxxx, the Company shall be deemed by Xxxxxx to have paid and fully satisfied all debts and obligations to Xxxxxx with respect to the Consulting Agreements; (iii) Xxxxxx agrees, upon receipt of the Settlement Shares, to completely release and forever discharge the Company (together with the Company’s present, future and former officers, directors, shareholders, partners, principals,  members, employees, agents, servants, attorneys, parents, subsidiaries, affiliates or other representatives, heirs, executors, administrators, successors and assigns (collectively, the “Released Parties”)), of and from any and all past, present or future claims, demands, obligations, actions, causes of action, rights, damages, costs, loss of services, expenses and compensation which Xxxxxx now has, or which may hereafter accrue or otherwise be acquired by Xxxxxx, on account of, or in any way growing out or relating to the Consulting Agreements; and (iv) Xxxxxx agrees, contingent upon receipt of the Settlement Shares, not to initiate or voluntarily participate in any legal action, charge or complaint against any of the Released Parties with respect to the Consulting Agreements or any other matter.

We thank you for your consideration.

Very truly yours,

California Gold Corp.

/s/ Xxxxx X. Xxxxxxxx

Name: Xxxxx X. Xxxxxxxx

Title: President

ACCEPTED AND AGREED to on this ___ day of October, 2013

/s/ Xxxxxx Xxxxxx

Xxxxxx Xxxxxx

0000 Xxxxx Xxxx Xxxx  Xxxxx 000  Xx Xxxxxx, XX 00000

Phone:  000-000-0000   Fax: 000-000-0000