MEMORANDUM OF AGREEMENT
This AGREEMENT (herein A AGREEMENT @ ) is entered into this 10 th day of February 2008, between
Nilam Resources Inc. ( A NILAM @ or A the corporation @ ), and MRC1 Explorations of Lima, Peru.
WHEREAS, Nilam has entered into an Letter of Intent with MRC1 to purchase the concessions
comprising the Pattivilca Mine (collectively “Pattivilca”).
WHEREAS, Nilam has completed its due diligence examination and is currently working with MRC1 to
draft a Purchase Agreement for Pattivilca under the terms stated in the Letter of Intent.
WHEREAS, Nilam and MRC1 have agreed to execute a Purchase Agreement no later than April 1,
WHEREAS, Nilam shall pay $10,000 to secure the purchase of Pattivilca. That sum shall be applied to
the purchase price at closing.
NOW, THEREFORE, in consideration of the mutual covenants herein contained, the parties
agree as follows:
Nilam shall pay $10,000 to MRC1 to secure the purchase of Pattivilca. That sum shall be applied to the
purchase price at closing. The closing shall be no later than April 1, 2008 unless otherwise agreed to by the
IN WITNESS WHEREOF, the undersigned have executed this AGREEMENT and RELEASE in duplicate
originals as of the date first set forth above.
/s/ Elmer Moises Rosales
Elmer Moises Rosales
/s/ Len DeMelt
Len De Melt, Director
Nilam Resources, Inc.