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2011-10-18_REVISION - M1977410 (3)
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2011-10-18_REVISION - M1977410 (3)
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Last modified
6/15/2021 2:24:24 PM
Creation date
10/19/2011 7:30:01 AM
Metadata
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Template:
DRMS Permit Index
Permit No
M1977410
IBM Index Class Name
Revision
Doc Date
10/18/2011
Doc Name
Amendment Submittal- Part 2
From
CALAIS Resources Colorado, Inc.
To
DRMS
Type & Sequence
AM1
Media Type
D
Archive
No
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• <br />• <br />• <br />14.3 If LESSEE terminates pursuant to .14.1 above, LESSEE shall be allowed 180 days <br />to remove any of LES SEE' s equipment, buildings, or personal property after the termination <br />date, and any such equipment, buildings, or personal property located on the Leased Premises <br />following the 180 day period shall immediately become the property of OWNER. <br />14.4 Failure of LESSEE to timely remove such buildings, equipment, and personal <br />property from Leased Premises shall cause title to such buildings, equipment and personal <br />property to vest with OWNER upon the expiration of this MINING LEASE, or of such ninety <br />(90) day or one hundred eighty (180) day period as the case may be. <br />• XV. CONDITIONS OF TERMINATION <br />15.1 Notwithstanding anything herein to the contrary, upon termination LESSEE shall <br />not remove any timber, mine support, or rail in any underground openings. LESSEE shall secure <br />any shafts or adits opened by LESSEE against trespass or entry by unauthorized persons. <br />15.2 Within ninety (90) days after termination for any reason, LESSEE shall tender to <br />OWNER all mine maps, all assay and sample maps, all geophysical and geochemical data, all <br />production data, all milling and processing data, and any other information and data pertaining <br />the Leased Premises which is of a non - interpretive nature. OWNER shall further be entitled to <br />any core logs or core assay data on material cored from the Leased Premises, provided that the <br />same is requested within the 90-day post - termination period. <br />XVI. NO IMPLIED WAIVERS <br />16.1 The excusing of any duty to be perfonned under this MINING LEASE shall not <br />constitute a waiver or excuse to not perform any other duty under this MINING LEASE. <br />s :ldientTendrickslcalaisgen\smith mining lease.rtf <br />11 <br />Page 146 <br />
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