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operations in the Mining Properties and in any-adjacent properties,provided. <br /> [bat it is a lessee or otherwise an operator of such;adjoining Party. <br /> l.2 Teri This Itlt�ning Lease shaIl commence on the effective date and <br /> shall continue for a period of ten(10)years ending on Tune 11,2014 (the <br /> "Primary Term")and so long thereaftr as mining,production and/or <br /> development are being conducted on a continuous basis,unless terminated <br /> as hereinafter provided.It shall be considered that such operations are <br /> continuous unless and unffl after the end of the primary tern,a period of <br /> three hundred sfidy five(365)conse Live days elapses during which no <br /> mining,production and/or development is conducted,excepting periods-o <br /> shut-down in the normal course of operations and force majeure. <br /> "Development"shalt mean work or constmction in preparation for mining or <br /> processing a proven or possible ore reserve,but not including drilling of <br /> such an on remz.Unless otherwise specified,all references to the term of <br /> this Mining Lease shall mean and include both the primary term and the <br /> continuing teen. <br /> IX Representations of Ownership.Possession.. etc. <br /> 2.1 Lessor Represents- t <br /> (a)Lessor is in exclusive possession of and represents that it holds <br /> marketable title to the Mining Properties,free and clear of all defects in <br /> title, adverse claims,liens, encumbrances or agreements affecting title of <br /> any kind by,through or wader Lessor. Any warranty or liability disputes <br /> arising under this subsection shall be handled in the manner specified in <br /> Section M hereof. <br /> (b)The Lessor is not aware of any litigation, claims or demands made <br /> by others with respect to the title of its Mining Properties. <br /> (c) The Lessor has the right and authority to execute this Mining Lease <br /> and to lease the Mining Properties to the Lessees. <br /> (d) To the best of the Lessor's belief, no other person, association or <br /> corporation has any interest or claim to the Mining Properties, and all <br /> prior leases covering thera have been terminated or released. <br /> (e)To the best of Lessor's knowledge, the physical condition of'the <br /> 2 <br />