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• <br />• <br />• <br />MIN LEASE <br />THIS MINING LEASE ( "Lease ") is made and entered into and shall be <br />effective as of the First day of June, 2006 (the "effective date "), by and <br />between FAIRVIEW LAND COMPANY, a Colorado corporation (the <br />"Lessor ") and WILD CAT MINING CORPORATION, a Nevada <br />corporation (the "Lessee "). <br />RECITALS <br />A. The Lessor owns and is in possession of the patented mining claims, <br />improvements, equipment and other property described in Schedules 1 and <br />2, attached hereto and made a part hereof and such property, as well as any <br />other lands or mining claims which it owns or controls in the Sneffels <br />Mining District, Ouray County, Colorado within the boundaries of the <br />Mutual Area of Interest as hereinafter defined, are collectively referred to <br />herein as the "Mining Properties ". <br />B. Lessee desires to lease the Mining Properties in order to explore develop <br />and mine the same and Lessor is willing to grant a lease covering the Mining <br />Properties under the terms and conditions hereinafter set forth. <br />IN CONSIDERATION of the premises and of the mutual covenants <br />hereinafter set forth and other good and valuable consideration, the receipt <br />and sufficiency of which are hereby acknowledged, the parties hereto agree <br />as follows: <br />I. Lease <br />1.1 Lease. Lessor hereby leases the Mining Properties to Lessee for the <br />purpose of exploring, prospecting, developing, mining and marketing ore, <br />materials, and minerals of all kinds from the Mining Properties, using <br />underground, open pit, strip, heap leach, or any other method of extraction, <br />together with all mines, minerals, lodes, veins, fixtures, improvements and <br />facilities on or about such Mining Properties and all easements, licenses, <br />water and water rights and other rights and privileges owned by the Lessor <br />in connection with exploration, development and mining of any of said <br />Mining Properties, and access to or egress from any of said Mining <br />Properties, with the right to use the Mining Properties and the workings <br />therein for all uses and purposes necessary or convenient to Lessee's <br />1 <br />