Exhibit 10.3
Extension of Option Agreement
XXXXXX VENTURES, INC.
00 Xxxx Xxxxxxx Xxxxxx, Xxxxx 000, Xxxx, Xxxxxx 00000 PHONE (000)000-0000
___________________________________________________________________________
Xxxx Xxxxxxxxx
000-0000 Xxxxxxx Xxxxxx
Xxxxxxxxx, XX X0X 0X0
December 31, 2002
ATTENTION: Xxxx Xxxxxxxxx
RE: Claims AAV 1-9, Grant #'s YC 19166-19174, Whitehorse Mining
District, Yukon Territory, Canada (the "Property")
Dear Sir,
Pursuant to an option agreement dated as of January 21, 2002, Xxxx
Xxxxxxxxx ("GM") granted to Xxxxxx Ventures, Inc., an option to acquire
an interest in the Property (the "Agreement"). This letter confirms
that in and for the sum of $1000 Cdn., the receipt of which is hereby
acknowledged, GM has agreed to amend the terms of the Agreement by
deleting the reference to "December 31, 2002" in section 2.1(C) and
inserting "December 31, 2003" and further by deleting the reference to
"December 31, 2003" in section 2.1(D) and inserting "December 31, 2004",
and further by deleting the reference to "December 31, 2002 in section
2.1(D) and inserting "December 31, 2003". The remainder of the
Agreement shall remain in full force and effect.
Yours truly,
XXXXXX VENTURES, INC.
Per: /s/ Xxxx Xxxxx
Xxxx Xxxxx Xxxxx, President
The above is hereby confirmed and agreed as of the date first above
written.
XXXX XXXXXXXXX
Per: /s/ Xxxx Xxxxxxxxx
Xxxx Xxxxxxxxx