Nevada
|
000-32919
|
86-0947048
|
(State
or Other Jurisdiction of Incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification No.)
|
Whiskey
Flat Project
|
||||||||
Property
|
Work
|
|||||||
Payments
|
Expenditures
|
|||||||
$USD
|
$USD
|
|||||||
Upon
Execution of the Agreement
|
$ | 50,000 | $ | - | ||||
By
March 15, 2009
|
50,000 | 50,000 | ||||||
By
March 15, 2010
|
50,000 | 150,000 | ||||||
By
March 15, 2011
|
65,000 | 200,000 | ||||||
By
March 15, 2012
|
80,000 | 350,000 | ||||||
By
March 15, 2013
|
100,000 | 200,000 | ||||||
By
March 15, 2014
|
100,000 | 200,000 | ||||||
By
March 15, 2015
|
100,000 | 200,000 | ||||||
By
March 15, 2016
|
100,000 | 200,000 | ||||||
By
March 15, 2017
|
100,000 | 200,000 | ||||||
By
March 15, 2018
|
250,000 | 750,000 | ||||||
$ | 1,045,000 | $ | 2,500,000 |
NK
Project
|
||||||||
Property
|
Work
|
|||||||
Payments
|
Expenditures
|
|||||||
$USD
|
$USD
|
|||||||
Upon
Execution of the Agreement
|
$ | 20,000 | $ | - | ||||
By
March 15, 2009
|
20,000 | 50,000 | ||||||
By
March 15, 2010
|
20,000 | 75,000 | ||||||
By
March 15, 2011
|
35,000 | 100,000 | ||||||
By
March 15, 2012
|
45,000 | 250,000 | ||||||
By
March 15, 2013
|
50,000 | 100,000 | ||||||
By
March 15, 2014
|
50,000 | 100,000 | ||||||
By
March 15, 2015
|
50,000 | 100,000 | ||||||
By
March 15, 2016
|
50,000 | 100,000 | ||||||
By
March 15, 2017
|
50,000 | 100,000 | ||||||
By
March 15, 2018
|
100,000 | 250,000 | ||||||
$ | 490,000 | $ | 1,125,000 |
Wheepah
Project
|
||||||||
Property
|
Work
|
|||||||
Payments
|
Expenditures
|
|||||||
$USD
|
$USD
|
|||||||
Upon
Execution of the Agreement
|
$ | 20,000 | $ | - | ||||
By
March 15, 2009
|
20,000 | 50,000 | ||||||
By
March 15, 2010
|
20,000 | 75,000 | ||||||
By
March 15, 2011
|
35,000 | 100,000 | ||||||
By
March 15, 2012
|
45,000 | 250,000 | ||||||
By
March 15, 2013
|
50,000 | 100,000 | ||||||
By
March 15, 2014
|
50,000 | 100,000 | ||||||
By
March 15, 2015
|
50,000 | 100,000 | ||||||
By
March 15, 2016
|
50,000 | 100,000 | ||||||
By
March 15, 2017
|
50,000 | 100,000 | ||||||
By
March 15, 2018
|
100,000 | 250,000 | ||||||
$ | 490,000 | $ | 1,125,000 |
Exhibit No.
|
Description
|
10.1
|
Whiskey
Flat Property Option Agreement, dated March 15, 2008, by and between
MinQuest Inc. and Patriot Gold Corp.
|
10.2
|
NK
Property Option Agreement, dated March 15, 2008, by and between MinQuest
Inc. and Patriot Gold Corp.
|
10.3
|
Wheepah
Property Option Agreement, dated March 15, 2008, by and between MinQuest
Inc. and Patriot Gold Corp.
|
Dated:
|
March
15, 2008
|
By:
|
/s/ Robert Coale
|
Name:
|
Robert
Coale
|
||
Title:
|
Chairman,
President, Chief Executive Officer, Chief Operating Officer, Secretary and
Director
|