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<br /> 05/25/2023 03:02 PM R Fee:$43.00
<br /> # Justin D Grantham, Clerk and Recorder, Fremont County, CO
<br /> mill FrIJAVAUS It,I 1111r.PIM11611VIA,WiA 11111
<br /> SHORT FORM OF MINING AND SURFACE ACCESS AGREEMENT '
<br /> This SHORT FORM OF MDUNG AND SURFACE ACCESS AGREEMENT(this"Sh 1-t
<br /> Farm")is made and entered into effective as of the l st day of May,2023 (the`affective Date").
<br /> by and between Gary and Rohn Lack,husband and wife, whose address is 266 Elk Run Rd.,
<br /> Canon City, CO 81212-8314 ("L c ), and Tallahassee LLC, a Delaware limited liability
<br /> company, whose address is P.O. Box 376, West Perth, Western Australia, 6872 Australia
<br /> ("Tallahassee').
<br /> RECITALS
<br /> A. Lack owns certain real property situated in Fremont County, Colorado (the
<br /> "ErogrVD,as more particularly described in Exhibit A attached hereto and incorporated herein
<br /> by reference.
<br /> F
<br /> B. back and Tallahassee are parties to that certain Mining and Surface Access
<br /> i Agreement dated effective May 1,2023, (the`e�ga „),with respect to the property,pursuant to
<br /> which Lack granted to Tallahassee certain rights to explore for,develop,mine,produce and market
<br /> any metallic or non-metallic minerals, ores, concentrates or metallic or non-metallic mineral
<br /> products including but not limited to uranium, vanadium and related minerals (collectively,
<br /> '-Ma idf)from the Property.
<br /> C. Lack and Tallahassee now wish to execute this Short Form for purposes of(i)
<br /> confirming the grant of rights from Lack to Tallahassee under the Lease and other provisions of
<br /> the Lease pertaining to the Property, and (u) providing record notice of the Lease. Capitalized
<br /> terms used but not defined herein shall have the meanings ascribed to such terms in the Lease.
<br /> AGREE aW
<br /> In consideration of the rights and obligations of the parties under the Lease,and for other
<br /> good and valuable consideration,the receipt and sufficiency of which are hereby acknowledged
<br /> by the parties hereto,Lack and Tallahassee hereby promise and agree as follows:
<br /> 1. Grant of Rishts. Lack has granted pursuant to the Lease, and hereby grants;to
<br /> Tallahassee,its licensees,successors,and assigns,the right and privilege to enter upon the Property
<br /> described above and to explore for, develop, mine, chemically process, remove, sell and ship
<br /> Minerals,together with the right and privilege to construct buildings, sty ,roads and other
<br /> improvements to and to install machinery,property,and f Yt=as may be reasonably necessary,
<br /> convenient or suitable for developing, mining, processing, removing, storing, concentrating,
<br /> beneficiating, and shipping of any ores,materials,products or concerltrates or for any activities
<br /> incidental thereto, or to any of the rights or privileges of Tallahassee hereunder. Tallahassee's
<br /> rights in connection with said activities shall include, but shall not be limited to, the use of any
<br /> means or methods of mining,stripping, solution recovery technology and processing,quarrying,
<br /> drilling,borehole mining or any other process of extraction or development tall of the activities
<br /> described above,the"Operations"),at the sole discretion ofTallahassee,together-with unrestricted
<br /> ingrose to and egress from the Property. Lack and Tallahassee each acknowledge and agree that
<br />
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