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• <br />• <br />. 1111111111111111111111 <br />981765 8/11/2008 2:49 PM Linda Dairy <br />1 of 4 MEM RS21.00 D$0.00 Laplata County Clerk <br />. MEMORANDUM OF MINING LEASE AND AMENDMENT <br />This Memorandum of Mining Lease and Amendment ("Mein orandutn')"is an alistnief of <br />that certain MINING LEASE dated effective June 1,2006 and that certain AMENDMENT AND <br />RATIFICATION' OP MINING LEASE 'dated effective June 1, 2006 . (collectively, <br />Lease);. entered into between FAIRVIEW LAND CORP„ a Colorado "corporation "" o8 <br />principal office address is 3060 Brighton Bout °' <br />WILDCAT MINING CORPORATION, a Nevada D ratio Colorado a ( of'ai ad d r ess i s <br />Street, Baker Street, San Diego, California 92117 a i ") whose principal y, he "P fic address The <br />Mining Lease covets and affects real in (collectively' the "Parties',. The <br />particularly described as: property interests in LaPlata County, Colorado, more <br />("Subject Lands ") <br />The purpose of this Memorandum is to provide the public with record notice, pursuant to <br />Colorado recording laws, of the Mining Lease covering the Subject Lands and the existence of <br />agreements; promises, terms, and conditions pursuant thereto between Fairview and Wildcat. <br />Fairview and Wildcat have entered into the Mining Lease for the purposes of exploring, <br />; prospecting for, developing, mining and marketing ore; materials, and minerals of all kinds from <br />the Subject Lands. The primary tern of the Mining Lease is for 10 years, and so long thereafter <br />as mining, productions, and/or development are being conducted on a continuous ba.§is. <br />• <br />' The Mining Lease contains provisions governing: (i) the leatiing of real property rights <br />held by Fairview; (ii) the possession of the Subject Lands; (ii) fights of ingress and egress to the <br />Subject Lands; (iv) the performance of mining work on the Subject Lands; (v) royalties payable <br />from the production of minerals from the Subject Lands; (vi) surface use provisions concerning • <br />the Subject Lands; (vii) the establishment of a Mutual Area of Interest regarding the Subject <br />Lands; (viii) the payment of real property, personal property, and ad valorem taxes assessable to <br />the Subject Lands; and (ix) other teens; conditions, and provisions touching and affecting the <br />Subject Lands. The Mining Lease contains the full terms, conditions, and provisions other than <br />those stated herein_ A complete and accurate; fully:executed copy of the Mining Lease, which <br />sots forth its precise teens, is on file and is available tom Fairview and Wildcat. <br />Dated effective for all purposes on June 1, 2006 rj.> <br />• <br />STATE OF COLORADO ) <br />Ern I he <br />SEE lama a <br />David Tippit <br />President <br />Fairview Land Corp. <br />