AMENDMENT AND EXTENSION AGREEMENT

EXHIBIT 10.27

AMENDMENT AND

EXTENSION AGREEMENT

This Amendment and Extension Agreement is made as of the 10th day of November, 2005, by and between Calais Resources, Inc., Buyer, and the Estate of Xxxx X. Xxxxxx, Seller, to amend and extend that certain Vacant Land Contract to Buy and Sell Real Estate dated September 21, 2005 as follows:

In consideration of the Buyer depositing with the Title Company $10,000 an additional xxxxxxx money and as partial payment of the property, the parties agree to extend the closing to December 2, 2005.

	CALAIS RESOURCES, INC.
	By:	/s/ Xxx Xxxxxxxxx
		Xxx Xxxxxxxxx, President and CEO

	ESTATE OF XXXX X. XXXXXX
	By:	/s/ Xxxxx Xxxxxx
		Xxxxx Xxxxxx, Personal Representative