0001096350-05-000103 Sample Contracts

Consulting Agreement
Consulting Agreement • November 2nd, 2005 • Paramount Gold Mining Corp. • Ontario

This agreement (the “Agreement”) is made and entered into as of the 31st day of August 2005, by and between Charles W. Reed (the “Consultant”) and Paramount Gold Mining Corp, a Delaware corporation with a class of securities registered under Section 12(g) of the Exchange Act (“PARAMOUNT”); the Consultant and Paramount being sometimes hereinafter collectively referred to as the “Parties” or generically as a “Party.”

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August 3, 2005 Mr. Francis R. Biscan Jr. President & CEO American Stellar Energy Inc.
Paramount Gold Mining Corp. • November 2nd, 2005

Re: Option Agreement on the San Miguel Groupings, near Temoris, Chihuahua, Mexico between Amermin S.A. de C.V., a 97% owned subsidiary of American Stellar Energy, Inc. (American Stellar) and Paramount Gold Mining Corp. in trust for a Mexican subsidiary to be created at a later date (Paramount). The San Miguel Groupings are approximately 800 acres and are known as Santa Clara, Las Tres S.S.S., San Luis, El Carmen, Swanick, Sangre De Cristo, Las Tres B.B.B., Guadalupe De Los Reyes, San Juan, El Rosario, San Miguel (Head of group) and Empalme.

Christopher Crupi, CA Ottawa, Ontario Canada K2P 1B8
Paramount Gold Mining Corp. • November 2nd, 2005

This letter confirms that you have retained me to act as President and Secretary of Paramount Gold Mining Corp. (the Company) for an indefinite period. This letter outlines the Services to be provided.

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