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MEMORANDUM <br /> OF <br /> MlMNG LEASE AGREEMENT <br /> THIS MEMORANDUM OF MINING LEASE AGREEMENT ("Agreement") is <br /> made effective as of the day of July 1,2013("Effective Date"),between MINEREX CORP.,a <br /> Colorado corporation, and COPPER MOUNTAIN MINING COMPANY, LLC, a Colorado <br /> limited liability company, hereafter collectively referred to as "Lessor"; MINERAL <br /> MOUNTAIN GOLD, LLC, a Colorado limited liability company, hereafter referred to as <br /> "Lessee";and LANCE BARKER,herein referenced as"Lance". <br /> Notice is hereby given that the real estate and mining claims owned by Lessor and <br /> described on the attached Exhibit A (the"Leased Premises")are hereby leased exclusively to <br /> Lessee and its successors-in-interest pursuant to a certain Mining Lease Agreement dated July <br /> 1, 2013, the terms of which govern. The term commenced upon the Effective Date and may <br /> run until July 1,2023. Said Mining Lease Agreement contains within it terms calling for the <br /> execution and delivery of a Special Warranty Deed for title to the Property upon the <br /> performance of certain acts and events. <br /> IN WITNESS WHEREOF the parties have executed this Memorandum on the dates set <br /> forth in the acknowledgements below but effective as of the Effective Date. <br /> LESSOR: <br /> COPPER MOUNTAIN MINING <br /> MINEREX CORP.,a Colorado Corporation COMPANY,LLC,a Colorado Limited <br /> Liability Company <br /> By: <br /> C.DON DOWNS ,President By: <br /> C.DON DOWNEN,Manager <br /> LESSEE: <br /> LANCE: <br /> MINERAL MOUNTAIN GOLD, LLC, a <br /> CologN4 <br /> ted liability comp y �• <br /> 90ALBy: <br /> ER,Manager L NCE BARK AP, in his individual capacity <br />