TUSCANY MINERALS, LTD.
Xxxxxxxx X. Xxxxxxx November 18, 2002
0000 Xxxxxxxxx Xxxxx Xxx Xxxxxxxxx
Xxxxx Xxxxxxxxx, X.X. X0X 0X0
Dear Xx. Xxxxxxx;
Re: Tuscany Minerals, Ltd. ("Tuscany") -
Option Agreement dated December 8, 2000 as
amended Between Tuscany and Xxxxxxxx X.
Xxxxxxx ("Xxxxxxx") (the "Option Agreement")
This letter confirms that the Option Agreement (relating to the Holy Cross
property) is hereby terminated in accordance with Section 7(a) of the Option
Agreement and Tuscany has no further interest in or obligations arising from the
properties referred to in the Option Agreement. This letter also confirms
Xxxxxxx has agreed to waive the provisions of Section 7 relating to leaving the
property in good standing for a period of 6 months from the date of termination
in consideration of Tuscany agreeing to terminate the Option Agreement prior to
December 8, 2002.
Please indicate your acceptance in the space set out below.
Yours truly,
Tuscany Minerals, Ltd.
Per: /s/ J. Xxxxxxx Xxxxxx
J. Xxxxxxx Xxxxxx, President
The above is hereby agreed as of the date first above written.
/s/ Xxxxxxxx X. Xxxxxxx
______________________
Xxxxxxxx X. Xxxxxxx
0000 XXXXX XXXXXX - XXXX XXXXXXXXX, XX - X0X 0X0
PHONE: (000) 000-0000 - FAX: (000) 000-0000
E-MAIL: XXXXXX@XXXX.XXX
