Amendment No. 1 to Mineral Claim Option Agreement between Lodestar Mining Inc. and Claim Lake Nickel Inc.

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Summary

Lodestar Mining Inc. and Claim Lake Nickel Inc. have agreed to amend their Mineral Claim Option Agreement dated March 13, 2007. This amendment extends the deadline for a $50,000 payment from March 13, 2008, to July 31, 2008, and changes the deadline for a $75,000 payment from March 13, 2009, to September 30, 2008. Both parties have signed and agreed to these new payment dates, which are key conditions for maintaining the option rights under the agreement.

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EX-10.2 2 v146231_ex10-2.htm
EXHIBIT 10.2

AMENDMENT #1 TO THE MINERAL CLAIM OPTION AGREEMENT
DATED MARCH 13, 2007, BETWEEN LODESTAR MINING INC.
AND CLAIM LAKE NICKEL, INC.

This Amendment affects “Article II:  Grant and Exercise of Option, Section 2.01” of the above noted Option Agreement.
 
The undersigned agree that the deadline for the payment of $50,000 to be made by the first anniversary of the Agreement (March 13, 2008) shall be EXTENDED and the new deadline for the $50,000 payment is July 31, 2008.
 
The undersigned also agree that the deadline for the payment of $75,000 to be made by the second anniversary of the Agreement (March 13, 2009) shall be AMENDED and the new deadline for the $75,000 payment is September 30, 2008.
 
Dated at Ovillia on the 12th day of March, 2008.
 
SIGNED AND AGREED:
  
   
LODESTAR MINING INC.
  
   
Per:
/s/ Ian McKinnon
  
     
Title:
Chief Executive Officer
  
     
CLAIM LAKE NICKEL INC.
  
     
Per:
/s/ Ulrich Krestschmar
  
     
Title:
President