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<br /> <br />be presented to Lessor along with the other assignment instruments in order to obtain Lessor's approval <br />for the assignment. An assignment does not constitute a new lease but is a continuation of the base <br />lease. Any attempt to withhold this information shall be construed as an attempt to defraud the State <br />of Colorado and shall render this lease null, void and nonexistent, and all monies paid to Lessor shall <br />be forfeited to Lessor. In addition, the current statutory fees will be paid at the time the assignment <br />"record form is submitted. <br />12. .WEIGHTS - It is agreed that all ores, minerals and other materials minted and taken from the leased <br />premises shall be weighed and assayed and the weight and assay thereof shall be entered in due form <br />in weight and assay records kept for such purposes by Lessee. <br />Ton means 2000 pounds. Ton shall be determined by official scales or by weight determined <br />of the mine tipple, or by weightometer. <br />13. OPERATION PLAN -All plans for exploration and mining shall be submitted to Lessor for approval <br />by Lessor before these operations begin. Lessor will review these plans with regazd to reclamation and <br />environmental protection. <br />14. ENVIRONMENTAL ANALYSIS -Lessor may require that Lessee submit an environmental analysis <br />for review by Lessor before any exploration or mining begins on leased premises. <br />15. RECLAMATION -Lessee shall submit all plans for restoration and reclamation of leased premises to <br />Lessor for Lessor's review before submitting the appropriate permit or permits pursuant to the Colorado <br />Mined Land Reclamation Act 34-32-101 ET SEQ., C.R.S. 1973 as amended. Rules and regulations <br />as set forth by the Division of Minerals and Geology-for recovery and restoration of mined land will <br />- apply where applicable to the leased premises: <br />16. OTHER STATE AGENCIES -- Lessor tray determine that instruments and documents required by other <br />State agencies satisfy certain requirements of this lease. In the event that Lessee is required to file <br />insttuments and documents with other State agencies; including the Division of Minerals and Geology <br />previously known as the Division of Mined-Land Reclamation, and the State Division of Mines, Lessee <br />shall notify Lessor of said filing and Lessor reserves the right to request and obtain copies of such <br />instruments and documents from the agency or from Lessee. <br />17. INSPECTION - It is agreed that during all proper hours and at all times during the continuance of this <br />lease, Lessor or Lessor's duly authorized agent, is authorized to check assays and scales as to their <br />accuracy, to go through or on any part or all of the leased premises to examine, inspect, survey and <br />take measurements of the.same and to take samples of any kind and to examine and make extracts from <br />or copies of all books and weight sheets and records which show in any way the ore output, ore values, <br />payments and royalties from and of the leased premises. All conveniences necessary for such <br />inspection, survey, or examination shall be furnished to Lessor. Lessor may require Lessee to provide <br />all instruments and documents of any kind and nature whatever which affect Lessor's interests. <br />18. NOTICES -Any notice required to be given to Lessee under the provisions of this lease shall be sent <br />by certified mail to the address set forth at the beginning of this lease or to such other address as Lessee <br />may indicate in writing to Lessor, and such service by mail shall be deemed sufficient and in full <br />compliance with the tetras of this lease as of the date it is postmazked. Notice to Lessor shall be given <br />in like manner, addressed to the State Boazd of Land Commissioners' Denver, Colorado address. <br />Page 5 of 9 <br />