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JAN 171001 <br />plvlslon of Reolamation, <br />Mining and Safetti.E~4E :A(~•',EEI~-'•4-I' ~"s~ITH +~PT?CSAi TO ELI' 1•i~TERL4L <br />THiS' :ivT.EE'~L~fi is ruade aid e•:tered into oa t2>:s S day of 4PPeIL 2006, b_ aad <br />l-:etrczen thz ~hcae:-(s) R~LrID.LL. D. fi~7tVEiL. fcY7UCE AT~'IvrTTE HO~,G'rZL., cr$ose <br />ruailisrg a•>~ess is: ~#Sj10 Ii4'v~' I60 Tic71Vt~?4L, t:uLOR4DCr Si(k~'Z and the C:mnpi~t}: <br />LEt=aiv'E S:~?V'D c~ G~4I'r.!, Li_ :chose uiailia; address i::02 S. Z?rALtv~TT TP~i~~D, <br />CULnf VDU G10.~?.. <br />~~'ITidF~S Tli1 T: The Chvn~(s) for the consideration of 4NE ffiT~7DRED dollar(s) ($1UJ.04) <br />.as:d fiu4her a~reemesu hereby lease; to the C:omnam- ass ezdusive option far the pixpose of <br />pu:cuasia_, processi~, producia~, and removiag sure material located on load described as <br />follorr_; <br />SEE ATT~Cli~ ~~TBI'T `A' - <br />The C:ompasry desires to gu;chase aay materal located Da the above-described laud. Royalh• f?es <br />;.ill he paid at the f.~lloning. rate: <br />As_re~atz prudltu_~ reuoved at $~ps ton for the first fir-? year. <br />Tl:ea S "for the aest five year. <br />TLis Lease ~ ~ee_aieat :^i•`'::. eptioa to buy suatzrials shall caum~:ce ou the day of this dGreer~eat <br />and resnaia iti force for a term of teu yews, kith Yse Dpfion to re:aew until fhe ruaterial is RN/Sed <br />Dut <br />The Coamanc,• agrees to~*roride a sx7rsui~ plan: coasteat `sith the future de;•elopment crituis of <br />the o;caer sxart•.saily acceptable to both pazties. <br />The C.Dapaay slrall ha.e the r.;ht of iasess aad e~ess to and from $:e subject premises aad fo <br />erect as,-• teraporazy struct'.ues, sr:ch as sneenirs_; rnrjhing, aad'or asphalt or concrete plassia; to <br />stoclT;ile viate:iat in as area of suffideat =.ze; and to ernplDy nay reasonable methods foe the <br />res;oval of said nrates'iai. The Company sha11 also have the rigid of in_ress aad onto :for fhe <br />purposes ofrert~ation_ <br />The CDatpas - agrees fo provide IiabiLt,.- insssrauce and shall be responsible far all of i <br />pipe::=.t;:.:u .?iae3 to :ui::is:;, ~: .e p:raper;~. s..~ i ):::;e, -~ sill Le kclu l:z..rd e__ f.~r .,_ _ v <br />Coriipasiy and tG ciplopees os' s3bcosz:cactors related to operations oa tue propest;•. <br />PacYxseat for r•,;:terizls s•etuavzd f:c::: the mops: ;, ri1 be z~de tc firs lt~~{s) is s tiaiE2:. <br />fishic~~ <br />ine tzrma hereof sha22 bz biu~ i7pGII aad insure to the beaE,lf;Df the heu~, a..ecutors, <br />adsxv~st:ator aad a_si_u of the respecti;-e parties hereto. • ` <br />