0001085037-06-001489 Sample Contracts

AURELIO RESOURCE CORP. Suite 1802, 888 Pacific Street Vancouver, B.C. Canada V6Z 2S6
Amending Agreement • July 31st, 2006 • Aurelio Resource Corp • Metal mining

This letter sets out the terms of the amendments to our agreement (the “Agreement”) dated April 27, 2006 as amended June 9, 2006 (the “Amending Agreement #1”) and as further amended July 13, 2006 (the “Amending Agreement #2”), whereby we agreed to purchase all of the assets of Aurelio Resources Inc., other than other than Aurelio Resources Inc.’s one hundred percent undivided interest in 62 mining claims known as the “Austin Uranium Property, Nevada” and more particularly described as sixty-two contiguous unpatented mining claims (Austin #1 through Austin #62), each measuring 600 feet by 1,500 feet, staked in Sections 5,6,7,8,9,10 and 16, Township 18 North, Range 44 East, in the Reese River and Birch Mining Districts, Lander County, Nevada. In all respects the Agreement, the Amending Agreement #1 and the Amending Agreement #2 remain in full force and effect except as follows:

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