0001137171-05-000639 Sample Contracts

OPTION AGREEMENT

Option Agreement • April 28th, 2005 • Quincy Gold Corp. • Mining & quarrying of nonmetallic minerals (no fuels) • New Mexico

• Contract Type
  Option Agreement
• Filed
  April 28th, 2005
• Company
  Quincy Gold Corp.
• Industry
  Mining & quarrying of nonmetallic minerals (no fuels)
• Jurisdiction
  New Mexico

NZ URANIUM, LLC, a limited liability company organized under the laws of the State of Arizona and having an office for business located at 3514 East Presidio Circle, Mesa, Arizona 85213

Dear Sirs, Re: Option Agreement - Elliott Lake Uranium Property

Option Agreement • April 28th, 2005 • Quincy Gold Corp. • Mining & quarrying of nonmetallic minerals (no fuels)

• Contract Type
  Option Agreement
• Filed
  April 28th, 2005
• Company
  Quincy Gold Corp.
• Industry
  Mining & quarrying of nonmetallic minerals (no fuels)

This letter agreement (the “Agreement”) sets forth the terms and conditions under which Quincy Gold Corp. (“Quincy”, “we” or “us”) has been granted an option (the “Option”) by Canada Enerco Corp. (“Canada Enerco” or “you”) to acquire up to a 60% interest in the ten mineral claims located in Buckles Township, Sault Ste. Marie Mining Division, Ontario more particularly described in Schedule “A” attached hereto (collectively the “Property”).