2023-04-25_GENERAL DOCUMENTS - M2022032

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(6) all leasehold interests used in connection with the Business, including the leasehold interests in respect of the real property leases and all lease deposits thereunder at those addresses listed on Appendix 3; APPENDIX 1 to EXHIBIT 1 Description of Real Property (7) the benefit of the Assigned Contracts listed in Exhibit 2,excluding for clarity,the Including Surface Rights,Water Rights, Excluded Contracts; and Patented and Unpatented Mining Claims Purchased (8) all accounts receivable, notes receivable, trade receivables, rights to receive payment,book debts and other amounts due,owing or accruing due to OSM,recoverable 1. The Real Property includes all surface rights,water rights,and patented and advances,bonds and deposits in connection with all Real Property and Permits,proceeds unpatented mining claims,and all assets related thereto located in Ouray and San Miguel owing to the OSM pursuant to insurance claims, income tax and sales tax refunds and Counties,Colorado as further described in this Appendix I of Exhibit 1. prepaid expenses related to the Business,together with any unpaid interest or fees accrued thereon which are outstanding on such date and the full benefit of all security or collateral 2. Surface Rights for such amounts 2 1 The Real Property is in southwestern Colorado approximately 5-7 miles (9) all prepaid expenses; southwest of the Town of Ouray,Colorado. The Revenue Tunnel,the site of the current surface activity,is located at longitude 107.750'W,latitude 37.974'N (10) all supplies owned by OSM and used in connection with the Business; 2.2 The legal description of the Real Property includes,but is not limited (1 1) the full benefit of all the permits, licenses, approvals, authorizations and to,the following: registrations("Permits")of OSM and which are required by OSM to own the Purchased Assets or were required to carry on the Business, including Required Permits described The area is a tract of land located entirely within Section 21 of T43N,R8W of the New in Appendix 4; Mexico PM.Using a line between the monuments Rev A and Rev B(S 84°42'54"W)and a distance of 527.34 feet as the basis of bearing, the permit boundary of the Revenue (12) all goodwill associated with the Business or the Purchased Assets, including the Mine is as follows: exclusive right to use all corporate names, domain names, business names, trademarks, trade-dress, brand names, know-how, trade names and other brand elements associated Revenue Mine Area with the Business worldwide, whether registered or unregistered, in whatever form or From Rev A and S 79°08'50"E a distance of 484.3056'to the point of beginning; medium (and includes copies of such information) and the exclusive right of the thence S 82'16'01" W a distance of 283 36'; Purchaser to hold itself out as carrying on the Business; thence S 61°09'22" E a distance of 78.54'; thence S 63'32'19" E a distance of 193.69% but excluding the Excluded Assets (and all books and records relating to the Excluded thence S 47°47'35" E a distance of 102.36'; Assets) and Excluded Obligations, which for certainty, shall not be sold, transferred, thence S 03°1T5 1" E a distance of 135.21'; assigned or conveyed to the Purchaser on Closing. thence N 89°21'50"E a distance of 63.19% thence N 76°38'24"E a distance of 145.76% thence N 6716'51"E a distance of 118.11'; thence N 81°16'57"E a distance of 125.00; thence N 73°42'10"E a distance of 107.52; thence N 52°27'33"E a distance of 100.29'; thence N 71'02'18"E a distance of 71.26; thence S 72°58'12"E a distance of 91.04'; thence N 86°1 T36"E a distance of 151.96'; thence N 87°00'03"E a distance of 241.36; thence S 75°23'09"E a distance of 66.75; thence N 87'01'21"E a distance of 135.14'; Exhibit 1 Exhibit 1 Page 23 of 73 Page 24 of 73