0000939802-07-000261 Sample Contracts

PATRIOT GOLD CORP.
Patriot Gold Corp • August 29th, 2007 • Gold and silver ores

As you know, Patriot Gold Corp. (the “Company”) has a property option agreement with MinQuest Inc. (“MinQuest”) relating to the Bruner and Vernal Properties (the “Properties”) requiring various annual property payments and exploration expenditures to be made on the Properties. The purpose of this letter is to clarify our understanding with regards to the current status of the Bruner/ Vernal Property Option Agreement (the “Agreement”).

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