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develop and work" a mine, "in a minerlike manner, extracting, milling, and disposing of the ore <br />from the common property without the consent of any nonworking tenant in common, subject to <br />accounting to the nonworking tenant for his proportionate share of the net profits of such mining <br />operations" C.R.S. §34 -44 -103 <br />C Legal Right to Enter Leased Property <br />CC &V has entered into the following leases within the Cripple Creek Mining District <br />thereby giving the Joint Venture control to enter these properties within the permit <br />boundary, as follows: <br />1. Mining Land Lease effective June 18, 1987 between Clyde Eaton Smith and <br />Cripple Creek & Victor Gold Mining Company, recorded July 2, 1987 in Book <br />412, Page 123. <br />2. Lease dated June 14, 2004 between Mary E. Siiro and Cripple Creek & Victor <br />Gold Mining Company. <br />3. Lease from Gaston Coblentz and Cherry M. Lawrence to Silver State Mining <br />Corporation, properly assigned to Cripple Creek & Victor Gold Mining Company, <br />dated October 15, 1980. <br />4. Mining Lease dated July 24, 1996 between John W. Houlihan and William N. <br />Houlihan, as successor trustees under that certain Trust created October 20, 1975, <br />as amended October 19, 1995, Lessor, and Cripple Creek & Victor Gold Mining <br />Company, Lessee. <br />5. Lease with Bear Creek Development and Cripple Creek & Victor Gold Mining <br />Company dated May 1, 1998, Memorandum recorded as Reception No. 477509 <br />(MS 8148 and 10427). <br />6. State of Colorado General Mining Lease No. GM 3149 dated August 8, 1990. <br />7. State of Colorado General Mining Lease No. GM 3150 dated August 8, 1990. <br />8. Mining Lease and Option to Purchase dated May 8, 2002 between Humphries <br />Corporation and Cripple Creek & Victor Gold Mining Company, Memorandum <br />recorded as Reception No. 535831. <br />