MINING LEASE WITH OPTION TO PURCHASE
THIS MINING LEASE WITH OPTION TO PURCHASE is made this 9 th day of October, 2004 by and
between TAMMY GENTRY, a single woman, and PAT HANIGAN, a single man (referred to collectively as
"Owner"); and NEVADA SUN RISE, LLC, a Nevada limited liability company ("Lessee").
A. Owner owns and possesses one (1) patented lode mining claim situated in the Santa Fe Mining District,
Mineral County, Nevada and more particularly described as follows:
The foregoing claim is situated in Section 31, T. 8 N., R. 35 E., MDM. This patented mining claim, together with
all ores, minerals, surface and mineral rights, and the right to explore for, mine, and remove the same, and all
water rights and improvements, easements, licenses, rights-of-way and other interests appurtenant thereto, shall
be referred to as the "Property."
B. The parties now desire to enter into an agreement giving Lessee the exclusive right to explore, develop, and
mine the Property, and further granting to Lessee the exclusive right and option to purchase the Property.
THEREFORE, the parties have agreed as follows:
Lease Term and Royalties
1.1 Term of Lease . Owner hereby leases the Property to Lessee for a term of nine (9) years. The Effective
Date of this Agreement will be October 9 th , 2004, and all rights and obligations shall be calculated on the basis
of that date.
1.2 Lease and Option Payments . In order to maintain the Lease and Option in effect, Lessee shall make the
following payments to Owner:
a. Lessee has previously paid Owner the sum of ONE THOUSAND DOLLARS ($1,000.00) to hold
Mineral Survey No.
the Property from August 1,2004 to September 30, 2004.
b. Commencing on October 1,2004, and payable every three months thereafter ( i.e., on January 1,
April 1, July 1, and October 1 of each year) for so long as th