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<br /> <br />This Milling Contract (the "Agreement") is entered into this <br />day of January, 1991, by and between the following parties: <br />COLINA ORO MOI1N0, IIdC. ' <br />a Washington corporation <br />4104 W. Masglnal Way S.W. <br />Seattle. WA 88106 ("COM, INC.') <br />and <br />MI VIDA ENTERPRISES, INC. <br />a Utah corporation <br />P. O. Bao~ 1523 <br />Longmont. CO 80501 (">vII VIDA7 <br />WHEREAS, COM, INC. is the record owner of the Gold Hill Mill <br />("the Mill") located at Gold Hill, Colorado, the legal description of <br />which is attached hereto as Exhibit A; and <br />WHEREAS, MI VIDA is the record owner of mineral properties <br />located in the general vicinity of the Mill, as well as certain addittonal <br />real property, tailings ponds, water, water rights and vrater storage <br />rights, which may be of use to the milling process: and <br />WHEREAS, the parties wish to agree to a mutually beaeflcial <br />business arrangement for milling ores from H~II VIDA properties on the <br />terms herein contained; and <br />R~RF.AS, each party acknowledges and accepts, by execution <br />and entering into this Agreement, it to be in each of their respective <br />interests to set aside certain disputes existing between them to be <br />resolved by and between and among the principal and related parties <br />in interest and for the purposes of this Agreement to treat disputed <br />claims as non-existent pending and subject to separate resolution. <br />NOW. THEREFORE, in consideration of the foregoing recitals <br />and mutual covenants of the parttes, and of other good and valuable <br />consideration, the recetpt and sui$dency of which are hereby acknow- <br />ledged and confirmed, the parties hereto .agree as follows: <br />1 <br />