70 EXHIBIT 10.3 BRITISH COLUMBIA Ministry of Employment and Investment Energy and Minerals Division Mineral Titles Branch Mineral Tenure Act Section 52 BILL OF SALE ABSOLUTE INDICATE TYPE OF TITLE: Mineral MINING DIVISION: Slocan SELLER I, James Thom, #47 - 1224 Balmoral Road, Victoria, British Columbia V8T 1B3, (250) 995-1266 - Client Number 141136. PURCHASER Hugh Grenfal - Client Number 110359 For an in consideration of the sum of Ten dollars ($10.00) paid to me, do hereby sell the interest as specified below in the following mineral titles: Claim Name of Tenure Percentage of Lease Type Number Title being Sold - ------------- ------ ---------------- Keno 369850 100% Marble Arch 369851 100% I declare that I have good title to these tenures and every right to sell the same, in witness whereof I have today signed my legal name. June 20, 1999 /s/ James Thom (Signature of Seller) /s/ illegible (Signature of Witness)