SILVER COPORATION

Xxxxxxxxx

          SILVER  COPORATION

Dec 1, 2003

Xx. Xxxxxxxxx Xxxxxx.

Av. Paseo de la Republica 0000 Xxx Xxxxxx, Xxxx 00

Peru

Dear Xx. Xxxxxx

This letter will confirm our verbal consulting agreement. You will provide consulting services to our subsidiary companies (Reliant Ventures de Peru S.A. and E.M. Atocha S.A)for us in the areas of geology and mineral project management for monthly fee of US$2500. You will work under my direct supervision. This agreement can be cancelled for any reason with one month notice.

Sincerely

Xxxxxxx Xxxxxx President & CEO

Cc: Accounting