AZCO MINING INC
EXHIBIT
<DOCUMENT>
<TYPE>EX-10.22
<SEQUENCE>8
<FILENAME>ex1022.txt
<DESCRIPTION>EXHIBIT
<TEXT>
                              STOCK LOAN AGREEMENT

BY THIS AGREEMENT made and entered into as of the 28th day of June,  2001,  Azco
Mining Inc., a Delaware corporation, whose address is 7239 North El Mirage Road,
Glendale, Arizona (hereinafter called "Lender"), for and in consideration of the
recitals and mutual promises contained herein, confirm and agree as follows:

     GENERAL LOAN TERMS

     I.   Subject to the conditions  herein set forth,  Lender agrees to loan to
          or for the benefit of Borrower,  and Borrower  agrees  borrow,  in the
          manner and upon the terms and  conditions  set forth  herein,  300,000
          common share of Azco Mining Inc. stock (the Loan").

     II.  The Loan shall be unsecured.

     III. In consideration of the Loan, Borrower shall return to Lender to total
          of 390,000 common shares of Azco Mining Inc. stock (the Settlement").

     IV.  The  Borrower at its expense will use its  reasonable  best efforts to
          register the Settlement,  as soon as possible, with the Securities and
          Exchange Commission as free trading unlegended shares.


     IN WITNESS  WHEREOF,  these  presents are executed as of the date indicated
above.


                                        BORROWER

                                        AZCO MINING INC., a Delaware corporation

                                        By:________________________________
                                        Its:_______________________________

                                        LENDER

                                        ------------------------------------
                                        Floyd R. Bleak



</TEXT>
</DOCUMENT>
