MINERAL PROPERTY PURCHASE AGREEMENT

This Agreement (the  "Agreement") is made and entered into effective as of March
30,  2005 by and among  NORTHERN  WAY  RESOURCES,  INC.  ("Northern"),  a Nevada
company  with an office at 627  Moberly  Road,  Suite  601,  Vancouver,  British
Columbia,  V5Z 4B3 and TERRY  LONEY  ("Loney")  of 326  Penman  Avenue,  Garson,
Ontario, P3L 1S5

1.                Title Warranties, Capacity and Authority

(a)               Loney represents and warrants to Northern that:

         (i)      Loney is   the    registered     and  beneficial  owner of the
                  mineral  claim  described in Schedule "A" hereto (the "Claim")
                  and holds the right to explore and develop the Claim;

         (ii)     Loney,  as  beneficial  owner of the  Claim,  holds all of the
                  Claim  free and  clear of all  liens,  charges  and  claims of
                  others,  and Loney has free and  unimpeded  right of access to
                  the  Claim  and has use of the Claim  surface  for the  herein
                  purposes;

         (iii)    The Claim have been duly and validly located and recorded in a
                  good and miner-like manner pursuant to the laws of Ontario and
                  are in good standing in as of the date of this Agreement;

         (iv)     There  are no  adverse  claims  or  challenges  against  or to
                  Loney's  ownership  of or title to any of the Claim nor to the
                  knowledge of Loney is there any basis therefor,  and there are
                  no  outstanding  agreements  or options to acquire or purchase
                  the Claim or any portion thereof; and

         (v)      Loney   has   the   full   right,  authority  and  capacity to
                  enter into this Agreement  without first obtaining the consent
                  of any other person or body corporate and the  consummation of
                  the transaction herein  contemplated will not conflict with or
                  result in any breach of any covenants or agreements  contained
                  in, or constitute a default  under,  or result in the creation
                  of any encumbrance  under the provisions of any  shareholders'
                  or  directors'  resolution,   indenture,  agreement  or  other
                  instrument whatsoever to which Loney is a party or by which it
                  is bound or to which it is subject.

2.                Sale of Mineral Claim

                  Loney hereby sells to Northern a 100% undivided  right,  title
                  and interest in and to the Claim in  consideration of Northern
                  paying $7,000 to Loney upon execution of this Agreement.

3.                Claim Registration and Transfer



                  Upon Northern's request, Loney shall provide Northern with all
                  documents necessary in order for Northern to transfer title to
                  the  Claim  into its  name.  Until  such  time as title has be
                  registered in Northern's  name,  Loney shall hold the Claim in
                  trust for Northern.

4.                General Provisions

         (a)      The   terms   hereof    shall be binding upon and enure to the
                  benefit of the parties  and their  respective  successors  and
                  assigns.

         (b)      All monetary amounts referred to herein are in the currency of
                  the United States of America.

         (c)      This    Agreement   and    the rights and  obligations  of the
                  parties  hereunder  shall be  construed  under the laws of the
                  province  of  Ontario,  but the  rules  of  Ontario  regarding
                  conflicts of laws shall not apply.

         (d)      The titles of the  respective  sections   are for  convenience
                  of reference  only and shall not be  used   as   an aid in the
                  interpretation of this Agreement.

         (e)      No modification of this Agreement shall be valid or    binding
                  unless made in writing  duly  executed by each of the parties.

         (f)      This   Agreement   constitutes   the  entire agreement to date
                  between  the  parties  hereto and  supersedes  every  previous
                  agreement,    communication,     expectation,     negotiation,
                  representation  or  understanding,  whether  oral or  written,
                  express  or  implied,  statutory  or  otherwise,  between  the
                  parties  hereto  with  respect to the  subject  matter of this
                  Agreement.

         (g)      Time shall be of the essence of this Agreement.


         (h)      This    agreement    may  be   assigned by either party hereto
                  with the  written  consent of the other  party  which  consent
                  shall not be unreasonably withheld.

IN WITNESS WHEREOF the parties have executed this Agreement  effective as of the
day and year first above written.

                                                   NORTHERN WAY RESOURCES, INC.

/s/ Terry Loney                                    PER: /s/ Keith Andrews
------------------------------                     ----------------------------
Terry Loney                                        Keith Andrews, President


                                  SCHEDULE "A"
                              PROPERTY DESCRIPTION

The Claim consists of one unpatented mining claim comprising 112 hectares and is
located in Scadding Township,  Sudbury Mining Division,  Ontario and is recorded
under claim number S-3018929.