AMENDMENT TO LOAN AGREEMENT
This AMENDMENT TO LOAN AGREEMENT (the "Agreement") is made as of the 9th day of June , 1998 by
and between CAN CAL RESOURCES LIMITED ("Borrower") and OWEN SEQUOIA, INC. ("Lender").
A. On or about February 12, 1998, Lender and Borrower entered into a Loan Agreement whereby, subject to
the terms and conditions of that agreement, Lender agreed to provide financing to Borrower.
B. Pursuant to the terms of the Loan Agreement, Borrower executed a deed of trust in favor of the Lender
recorded against certain real property owned by Borrower located at Pisgah, San Bernardino (the "Deed of
Trust"), and Borrower assigned to Lender all rights to income and profits emanating from that certain Mining
Lease Agreement executed by and between Borrower and Twin Mountain Rock Venture (the "Mining Lease"), a
true and correct copy of which is attached hereto as Exhibit "A".
C. On or about May 1, 1998, Borrower received $22,500 from Twin Mountain Rock Venture pursuant to the
terms of the Mining Lease.
D. As of May 15, 1998, Borrower owes Lender the sum of $25,000 as principal plus accrued interest resulting
from Lender's loan to Borrower of $25,000 (the "Initial Obligation") pursuant to the terms of the Loan
E. The Loan Agreement, the Deed of Trust and Mining Lease will sometimes hereafter be referred to as the
F. The Borrower has requested that Lender modify the Existing Documents. As consideration for the requested
modification, the Borrower has agreed to the terms and conditions as set forth in this Agreement. The Existing
Documents and this Agreement may sometimes hereinafter be referred to as the "Financing Documents".
NOW, THEREFORE, WITNESSETH that in consideration of the mutual covenants and agreements contained
herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the Borrower and Lender agree as follows:
1. Recitals. The Recitals are incorporated into