January 10, 2002 Harry Magnuson Wallace, ID 83873 Re: Revised Agreement – Aberdeen Idaho Mining Company (“Aberdeen”) Dear Harry:

Exhibit 10.1

January 10, 2002

Xxxxx Xxxxxxxx

X.X. Xxxxxxxx and Company

X.X. Xxx 000

Xxxxxxx, XX 00000

Re: Revised Agreement – Aberdeen Idaho Mining Company (“Aberdeen”)

Dear Xxxxx:

I have put together a small group, (five or six people) which includes myself, that would like to purchase your 3,500,000 shares of common stock of Aberdeen for a total of $85,000 in cash.  I also agree to do the following:

1.

Issue the current officers and directors a total of 25,000 shares of post-reverse split common stock.

2.

Raise additional funds ($50,000 to $70,000) for the company under a Reg D “506” private placement.

3.

File a Form 10 registration statement.

4.

Appoint a new slate of officers and directors.

5.

List the Company on the OTC Bulletin Board.

6.

Find a suitable merger candidate.

I agree to issue a check for $85,000 (or checks) for the 3,500,000 shares of common stock no later than February 1, 2002.

The Company is to be delivered with zero assets, no mining claims and zero liabilities.  The mining claims are to be transferred, along with the rights related to an ongoing appeal before the Bureau of Land Management to another entity.

Sincerely,

/s/ Xxxxx Xxxxx

Xxxxx Xxxxx

Agreed to by:  /s/ Xxxxx Xxxxxxxx

Xxxxx Xxxxxxxx

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