Option Agreement Terms:
For Victory to acquire a 50% right, title and interest on the Silvana West and Cody Creek claims, it must make an initial cash payment of $75,000 upon signing and then pay 2,000,000 shares to Klondike and incur $3,750,000 dollars in exploration costs over a three year period broken down as follows; 

Date/Anniversary Expenditures Incurred by Victory Shares issued to Klondike Cash issued to Klondike Victory's Total Project Interest
Signing     $75,000  
Approval   500,000    
Year 1 $1,000,000 500,000    
Year 2 $1,250,000 500,000    
Year 3 $1,500,000 500,000   50%
Total $3,750,000 2,000,000 $75,000 50%

At the sole discretion of Klondike, Victory will be able to earn an additional 25% of the project by making a lump sum payment of $5,000,000 and issuing 5,000,000 common shares of Victory to Klondike.