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<br />ASSIGNMENT OF RECORD TITLE INTEREST
<br />IN A FEDERAL COAL LEASE
<br />THIS ASSIGNMENT OF RECORD TITLE ("Assignment") dated December 31,
<br />2003 is from IIowie Resources Limited, a Colorado corporation, with an address at 2000
<br />Ashland Drive, Ashland, Kentucky 41101 ("Assignor"), to Bowie Acquisition Group,
<br />LLC, a Kentucky limited liability company, with an address at 1500 North Big Run
<br />Road, Ashland, Kentucky 41102 ("Assignee").
<br />For Ten Dollars and other good and valuable consideration, the receipt and
<br />adequacy and sufficiency of which are hereby confessed and acknowledged by Assignor,
<br />Assignor does hereby grant, sell, assign, transfer and set over to Assignee all of the
<br />Assignor's 100% record title interest in and to Federal Coal Lease No. COC-037210 (Che
<br />"Lease"), covering the following lands located in Delta County, Colorado:
<br />Townsl~ I3 South, Range 91 West 6'h PM:
<br />Section 06: Lots 5-7, SW/4NE/4, SE/4NW/4, E/2SW/4, SE/4
<br />Section 07: Lots 1, 2, E/2, E/2NW/4
<br />Section 08: W/2
<br />Section 17: N/2NW/4
<br />Section 18: NE/4NE/4, N/2NW/4NE/4, SE/4NW/4NE/4
<br />Township 13 Souih Rance 92 West. 6`h PM:
<br />Section Ol: S/2
<br />Section 02: SE/4
<br />Section 10: Lots 10, 11,14-16 ~=
<br />Section 11: E/2, S/2SW/4
<br />Section 12: Lots 1-8, 10-14, SW/4SW/4
<br />Section 13: Lots 2, 7-20, NW/4 ,
<br />Section 14: Lots 1-16 -
<br />Section 15: Lots 1-3, 6-11, 14-17, 20, 21
<br />Section 22: Lots 1-3, 6-8
<br />Section 23: Lots 1-8 .,
<br />Containing 5,037.230 acres, more or less
<br />TO HAVE AND TO HOLD the Lease unto Assignee, its successors and assigns
<br />forever.
<br />This Assignment is made and accepted without any covenants or warranties
<br />whatsoever, either express or implied.
<br />LexlibraryQ 18077_LDOC
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