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FLB 226-3
<br /> Rev. 5/89
<br /> STATE OF COLORADO
<br /> STATE BOARD OF LAND COMMISSIONERS
<br /> Department of Natural Resources
<br /> GENERAL MINING LEASE NO. GM 1119
<br /> THIS MINING LEASE, Made in duplicate and entered into this lar day
<br /> of ao�rr-r',rt , 19 , by and between the State of Colorado, acting
<br /> through its ST. r. BOARD OF LAND COMMISSIONERS, hereinafter referred to as
<br /> Lessor, and _ -- r -„y:,' 1n .t i ' _ rir, ..- :,r yril
<br /> Jc;t:,' ,v
<br /> POBox '.':.
<br /> hereinafter referred to as Lessee:
<br /> WITNESSETH: Lessor, for and in consideration of the sum of on*::undred _
<br /> sr,,ort-u-r}'f f v l•(+ ----------- --- Dollars ($773.7' ),
<br /> receipt of which is hereby acknowledged as payment of the filing fee in the
<br /> amount of $ , first year's rent in the amount of $
<br /> and a bonus in the amount of $ , and in further consideration
<br /> of Lessee's agreement to pay one and
<br /> (S ; .(7 ) per acre annually as rental in advance of the anniversary date
<br /> of this lease so long as said lease shall remain in effect; and in further
<br /> consideration of the terms, conditions and agreements herein and of the
<br /> payments of annual rentals and royalties reserved herein, to be kept and
<br /> performed by Lessee, its successors and assigns, does hereby lease to Lessee
<br /> the right and privilege of exploring and prospecting for, and mining of and
<br /> taking of Gold, Silver, Vanadium and Base Metals
<br /> minerals from the lands herein described, situated in the County
<br /> of Clear Cre.et. , State of Colorado, to wit:
<br /> ACRES SUBDIVISION SEC.TWP.RGE. PATENTS
<br /> #_a.LO — i1iLE1s :h- „- ,, None
<br /> lite
<br /> *__1Or-- i"9^r# W- 1E/45r/4 (Lot ES)
<br /> 44.42 left in lease
<br /> Lot 12, 15; SE/4NE/4SW/4; S/2NW/4SE/4
<br /> * Partial Cancellation 116.22 acres, 01/31/97 f`
<br /> •
<br /> FUND: School
<br /> containing * 44.42 acres, more or less, together with the right
<br /> to use as much of the surface as may be reasonably required in the exercise of
<br /> the right to mine, including strip mining, in situ solution mining, and heap
<br /> leaching; and the right to reasonable ingress and egress; the right Lu
<br /> construct buildings, make excavations, stockpiles, dumps, drains, roads,
<br /> railroads, powerlines, pipelines, and other improvements as may be reasonably
<br /> necessary in the mining and removal of said minerals; subject, however, to all
<br /> existing easements and rights-of-way of third parties, and the rights of
<br /> surface lessees and surface patentees, and further subject to the terms,
<br /> conditions and agreements set out in this lease. The above-mentioned rights
<br /> may be exercised in connection with mining on other or adjacent lands only
<br /> when mining on such lands is carried on in conjunction with the actual mining
<br /> on the land herein leased. The above right to use state lands without mining
<br /> on the lands herein leased will be at the discretion of Lessor.
<br /> RESERVING, however, to the State of Colorado:
<br /> A. All rights and privileges of every kind and nature, except as are
<br /> herein specifically granted.
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