0001204459-12-000686 Sample Contracts

Contract
2011 Stock Option Plan Option Agreement • March 30th, 2012 • Xtra-Gold Resources Corp • Metal mining

This Option Agreement is entered into between Xtra-Gold Resources Corp. (the “Corporation”) and the Optionee named below pursuant to the Xtra-Gold Resources Corp. 2011 Stock Option Plan (the “Plan”). This Agreement witnesses that in consideration of the covenants and agreements herein contained and such other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto covenant and agree as set forth and confirms that:

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Contract
2011 Stock Option Plan Option Agreement • March 30th, 2012 • Xtra-Gold Resources Corp • Metal mining

This Option Agreement is entered into between Xtra-Gold Resources Corp. (the “Corporation”) and the consultant (the “Optionee”) named below pursuant to the Xtra-Gold Resources Corp. 2011 Stock Option Plan (the “Plan”). This Agreement witnesses that in consideration of the covenants and agreements herein contained and such other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto covenant and agree as set forth and confirms that:

RENEWAL AGREEMENT
Victor Nkansa • March 30th, 2012 • Xtra-Gold Resources Corp • Metal mining

WHEREAS Victor and Xtra-Gold entered into a consulting agreement dated June 1, 2010 (the “Victor Agreement”) to secure the services of Victor Nkansa as the Vice-President, Ghana Operations in connection with his services provided to Xtra-Gold’s Ghanaian subsidiaries; Xtra-Gold Mining Limited (“XG Mining”) and Xtra-Gold Exploration Limited (“XGEL”);

LETTER OF INTENT
Xtra-Gold Resources Corp • March 30th, 2012 • Metal mining

Further to our recent negotiations regarding the above referenced matter, this Letter of Intent will serve to confirm the principal elements of the agreement achieved between us.

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