RE: MINERAL PROPERTY PURCHASE AGREEMENT
| 606896 B.C. Ltd. |
| 00000 – 00xx Xxxxxx |
| Xxxxxxx, XX |
| X0X 0X0 |
September 5, 2005
SUTCLIFFE RESOURCES LTD.
#420 – 000 Xxxx Xxxxxx
Xxxxxxxxx, XX
X0X 0X0
Attention: Xxxxxxxx Xxxxxxxxxx
RE: MINERAL PROPERTY PURCHASE AGREEMENT
This agreement between 606986 B.C. Ltd. (hereinafter referred to as 606) and Sutcliffe Resources Ltd. (hereinafter referred to as SUT) establishes the final terms and conditions for the 100% purchase, subject to a 2.0% Net Smelter Royalty, of the Bloom 1-10 mineral claims, located west of and adjoining the Harrison Lake Massive Sulphide Project on NTS 92H/06I, 62.
The purchase price is:
- cash payment of $40,000
- share payment of 500,000 shares
- a 2.0% N.S.R. of which 1 of the 2.0 (or 50% of the total) may be purchased at any time for $500,000.
If you are in agreement, please sign below and forward the cash and share payments.
Agreed to this 5th day of September 2005.
| per 606896 B.C. Ltd. | per Sutcliffe Resources Ltd. |
| /s/ Xxx Xxxxx | /s/ Xxxxxxxx Xxxxxxxxxx |
| Xxx Xxxxx | Xxxxxxxx Xxxxxxxxxx, P.Eng. |
| President | President |
Page 2
| 606896 B.C. Ltd. |
| 00000 – 00xx Xxxxxx |
| Xxxxxxx, XX |
| X0X 0X0 |
Appendix A
The particulars for the Bloom claims are:
| Claim Name | Old Tenure # | NTS | New Tenure # | Expiry Date |
| Bloom 1 | 401407 | 92H061, 62 | All claims now
covered by converted cell numbers 512380 and 512382 |
12/12/05 |
| Bloom 2 | 401408 | 92H061, 62 | 12/12/05 | |
| Bloom 3 | 401409 | 92H061, 62 | 12/12/05 | |
| Bloom 4 | 401410 | 92H061, 62 | 12/12/05 | |
| Bloom 5 | 401411 | 92H061, 62 | 12/12/05 | |
| Bloom 6 | 401412 | 92H061, 62 | 12/12/05 | |
| Bloom 7 | 401413 | 92H061, 62 | 12/12/05 | |
| Bloom 8 | 401414 | 92H061, 62 | 12/12/05 | |
| Bloom 9 | 401415 | 92H061, 62 | 12/12/05 | |
| Bloom 10 | 401416 | 92H061, 62 | 12/12/05 |
All claims are in the New Westminster Mining Division.
