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V1 aro I[M <br /> AMENDMENTTO THE MINING LEASE AND AGREEMENT CRAIG,COLORADO PROJECT <br /> BETWEEN <br /> BARBARA V CHESNEY,aka CHESNEY FAMILY LLC, <br /> AND JUBILEE VENTURE LLC <br /> 1. This Lease agreement shall now be In the name of the Chesney Family LLC. <br /> 2. Jubilee Venture LLC shall be known as Jubilee Venture,Inc.(Jubilee} <br /> 3. Jubilee shall pay to Chesney Family LLC a production royalty of three percent(3%)NSR (Net Smelter <br /> Return)from all ore mined from the property. 'As more particularly and set forth in Schedule"A and B" <br /> attached hereto.(Attached Schedule A and B as originally stated) <br /> 4. Unless and until this Agreement is terminated,Jubilee shall pay Chesney Family,LLC advance royalty <br /> payments in the amounts of$5,000 payable March 1 of every year for the term of the agreement, <br /> beginning the year of 2017. <br /> S. The first payment to be for the calendar year 2017.Jubilee has paid$2,000.00 and shall remit <br /> $3,000.00 upon the acceptance of this Amendment, <br /> 6. All other terms and conditions of the Original Mining Lease Agreement shall be in full force and <br /> agreed to as first written March 1,2011, <br /> IN WITNESS WHEREOF,AMENDMENT TO THE MINING LEASE AND AGREEMENT HAS BEEN EXECUTED <br /> THIS 21 Day of 2017 <br /> Z4, <br /> Linda Monger,ManagiWIS/Member Martin R Bauer,President/CEO <br /> es Family,LLC -�11 <br /> 9 /IS 77 <br /> C-j <br /> LU 0— . <br /> LU 05 STATE OF <br /> mogo SS. <br /> 0 C-0i 0 A 1i COUNTY 01,OH-0 THE FOREGOING INSTRUMENT WASACKNOWL5GED <br /> 8 <br /> U1BEFTTOAARE <br /> E <br /> _ <br /> ON THIS <br /> >-x0n OF a <br /> M8i WITNE AND <br /> U mv _nUmlSSION EXPIRES.a <br />