0001144204-05-002528 Sample Contracts

ASSIGNMENT OF PURCHASE OPTION AGREEMENT
Assignment of Purchase Option Agreement • January 27th, 2005 • Wits Basin Precious Minerals Inc • Gold and silver ores • Colorado

THEREFORE in consideration of the sum of U.S.$1.00 and other good and valuable consideration now paid by the Assignee to the Assignor (the receipt and sufficiency of which is hereby acknowledged by the Assignor) the Assignor warrants and represents to and covenants with the Assignee as follows:

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KEN SWAISLAND The Coach House
Wits Basin Precious Minerals Inc • January 27th, 2005 • Gold and silver ores

Re: Purchase of Hunter Gold Mining Corporation (the “Target”) from George Otten and Jim Blair (the “Principal Vendors”) and the other shareholders of the company (the “Other Vendors”) by Ken Swaisland (the “Purchaser”)

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