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for Lotter of Credit Amendment <br />>r <br />C3toba19~Wg OePa(tmoni <br />CoctN [3tnk i <br />'40. QnII M1 CQnIK <br />~ Fvenua <br />(btrotl; chl~an~t8226 <br />,_ P.0. ~8d 5000 <br />~~~ <br />r4 Ii4NK USE ONLY 1 i <br /> i' <br />31C Date of issuance of letter of credit ~ <br />30 Date of tssuance of this amendmem ' ! <br />i <br />aa~e ar?end trlew~ble Lett*~r c! Credi[ f\o...lL <br />i <br />~Iit~rE~: N1211 to; CXBen. D App, pother <br />~ i <br />Cable/Tela:C ^ Courier to: ^ Ben. ^ App. O Other <br />' 1 ~!~State of Colorado Mined t.and Reclamation Board <br />. i ~ ~+.we or sFnFf+a..~ <br />i , <br />tend I ioltoi ~ . <br />to rtt;i l in ed] ~ S $637.00 N/A ' <br />•by (tor¢ign currency ) <br />to nt.i~ de~re eQ ~by S ~ N/A (foreign wrrency N/A <br />~ t i <br />~i: <br />1 .: <br />w ktmoG[it aft al'rleitdment i <br />tegtrRiatlo eiiitr"ahon d~s Is extended to one year from date of issue <br />shipping' ate'ls extended to I1/A <br />ia~" inrstructlo' Norte <br />1 ~ .i~ <br />terins~ar' candltions of this credit remain unchanged. It is understood that thls arriendtti .n~ is subject <br />itattci: the benetlciary and also to the ,4pplication and Agreement pertaining to this Igtter of credit <br />~asignE~pplicant war~anis ihzt no shipment involved In thfs amendment is in ~iolalio;t of U:S_ Treasury <br />~Set3 , ntrol or Cuban Assets Control Regulations. <br />1 FbR 115E BY~A~ LLC[E OR t:OPAES-OI(DQ(T ti4(K ONLY <br />hPf~ROVEO: (~ I I <br />~ 1 I <br />1 t <br />~~ ( ~ ry~wtL :CF aPPLJGnT'66a~L <br />Byi <br />~. t <br />~ occicu.L not <br />1, . ~ 1 <br />ill2lhO~tE ~w..eER <br />rt.ecne tto"t~ me aea~c mast be ~mcoa,etd a tt,a lomtr ~ <br />aOdit May tlGocoad fArougti an nMita(~ er oem[DOndeni Dank <br />d Canerica Bank <br />Yours very truly, <br />HOINAM INC. <br />wE o~.v,uc.,'rr <br />w~A~ SI~E riT~ <br />Kent D. Jensen <br />posbit' Faz Note 7s7t <br />.. i ..~- <br />