0001062993-07-004393 Sample Contracts

CONSULTANT NON-QUALIFIED STOCK OPTION AGREEMENT OF IRELAND INC. 2441 West Horizon Ridge Parkway, Suite 100 Henderson NV 89052 A Nevada Corporation
Ireland Inc. • November 9th, 2007 • Gold and silver ores • Nevada

THIS AGREEMENT is made between IRELAND INC., a Nevada corporation (hereinafter referred to as the "Company"), and R. Jerry Falkner of 125 Piper Lane, Spicewood, TX, 8669 (hereinafter referred to as the “Optionee”), a consultant of the Company, effective as of the 5th day of November, 2007.

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