Letter of Intent between Beijing Mianping Salt Lake Research Institute And Sterling Group Ventures, Inc. Regarding the development of Dangxiongcuo salt lake property at Nima county of Tibet of China

Exhibit 10.6

Letter of Intent between
Beijing Mianping Salt Lake Research Institute
And
Sterling Group Ventures, Inc.
Regarding the development of Dangxiongcuo salt lake property at Nima county of
Tibet of China

Party A: Beijing Mianping Salt Lake Research Institute (“Mianping”)
Party B: Sterling Group Ventures, Inc. (“Sterling”)

Based on mutual benefit, through friendly consultation, both parties have reached following letter of intent regarding the development of Dangxiongcuo salt lake property (“DXC Salt Lake”) at Nima county of Naqu district of Tibet, China:

     1. Parties
Beijing Mianping Salt Lake Research Institute (“Mianping”) is registered in Beijing of China. The legal address is 10-302 No. 2 Building, No. 10 Garden; Minzu University Road South, Haidian District, Beijing. Tel: 010-6830-3209. Fax: 010-8838-2475. The legal representative is Ling Zheng. The title of Ling Zheng is chairman. Nationality is Chinese. His Chinese ID is 110105197203271519.

Sterling Group Ventures, Inc. (“Sterling”) is registered in Nevada of USA. The legal address is 900-789 West Pender Street Vancouver, BC Canada V6C 1H2. The telephone number is 001-604-893-8891. The fax number is 001-604-408-8515. The legal representative is Xuxin Shao. The title of Xuxin Shao is President. The nationality is