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5.3 Advance Ro mfty Payments. That while this Lease remains in effect,the <br /> Lessee shall pay,or will have paid,to the Lessor on or before the end of <br /> each lease year,royalties amounting in the aggregate to not less than the <br /> amount set forth opposite each date respectively as follows: <br /> End of Luse Year Advance Payment <br /> 1 $3600 <br /> 2 $4000 <br /> 3 and 4 $5000 <br /> 5 and thereafter $ 5000 <br /> Dollar amounts above shall.be adjusted as provided in Schedule 3)Any <br /> amount so paid in excess of royalties payable on production shall be advance <br /> royalties and shall be applied against future production,and no royalties on <br /> production shall be paid,except to the extent that there shall be a balance <br /> clue on production after having applied and credited against the said <br /> production the following: <br /> (a)All royalties previously paid in advance; and <br /> i <br /> �f. (b)Any costs which Lessee may deduct from royalty payments as <br /> provided in Section 3.3 of the Lease,and <br /> (c)The amount of haulage fees paid as provided in Section 9.3. <br /> 5.4 Co-Minftg. If the Lessee is mining other properties,it shall have the <br /> right to co-mingle the ore and concentrates from the Mining Properties with <br /> other ore and concentrates from other properties,provided that Lessee <br /> weighs,samples and assays as required in accordance with sound mincing <br /> practices to properly allocate the mineral values amongst the <br /> different ownerships. <br /> 5.5 'The Lessee may refine,smelt or otherwise treat the production from the <br /> Mining Properties at facilities operated by Lessee provided that its charges <br /> shall not be more than an amount which would be charged if a non-affiliated <br /> smelter or refinery or other processing facility refined, smelted or processed <br /> the production from the Mining Properties. <br /> 7 <br />