0001273511-07-000039 Sample Contracts

LOAN AGREEMENT
Loan Agreement • June 11th, 2007 • Elray Resources, Inc.

AND WHEREAS the Lender has agreed to lend to the Borrower money from time to time for the business purposes of the Borrower, either through an advance of money or through the purchase of goods or services for and on behalf of the Corporation, pursuant to the terms and conditions of this Agreement.

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PROPERTY AGREEMENT
Property Agreement • June 11th, 2007 • Elray Resources, Inc. • British Columbia

THIS AGREEMENT dated as of December 23, 2006 is entered into by and between Shaun D. Langford of 2678 Point Grey Rd., Vancouver, British Columbia, Canada V6K 1A5 (“Langford”) and Elray Resources, Inc. a Nevada corporation, of 2678 Point Grey Rd., Vancouver, British Columbia, Canada V6K 1A5 (“Elray”).

Shaun D. Langford
Loan Agreement • June 11th, 2007 • Elray Resources, Inc.
TRUST AGREEMENT
Trust Agreement • June 11th, 2007 • Elray Resources, Inc. • British Columbia

THIS AGREEMENT dated as of December 23, 2006 is entered into by and between Shaun D. Langford of 2678 Point Grey Rd., Vancouver, British Columbia Canada, V6K 1A5 (“Trustee”) and Elray Resources, Inc. a Nevada corporation, of 2678 Point Grey Rd., Vancouver, British Columbia Canada, V6K 1A5 (“Beneficiary”).

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