Common use of Collection Rights Clause in Contracts

Collection Rights. 4.1 CASCABEL shall have the exclusive rights to collect and market Mineral Specimens, mineral crystals, rock specimens and lapidary materials from the MINING LOTS, providing said activity does not materially interfere with exploration or exploitation on the MINING LOTS. This shall not in any manner limit LAGARTOS’s or the mine operator’s ability to take routine outcrop or mine samples of any kind. These exclusive collecting and marketing rights shall continue on the same basis once Commercial Production is initiated if the Operator agrees to allow collecting at all. Should the Operator terminate CASCABEL’s collecting privileges, for reasons other than demonstrable malfeasance or negligence on CASCABEL’s part, and later decide to reinitiate them, then CASCABEL’s rights as outlined above shall be reinstated. CASCABEL’s personnel shall be permitted access to so collect and given access to mining equipment and facilities to do so as long as it does not interfere materially with production from the MINING LOTS. The first 200 kg of specimens may be removed by CASCABEL from the MINING LOTS annually at no cost to CASCABEL. It is anticipated that the maximum amount of specimens collected will not exceed 2000 kg per year or as otherwise agreed by the parties. Any amounts in excess of 200 kg of specimens shall be sold by CASCABEL with 25% of the profit from said sales being credited to LAGARTOS against NSR payments due to CASCABEL under section 3.1. In order to maintain specimen market value, CASCABEL shall have sole discretion regarding rate and location of specimen sales. CASCABEL shall cooperate with LAGARTOS in arranging a public museum donation program in accordance with a policy agreed to by LAGARTOS and CASCABEL.

Collection Rights. 4.1 CASCABEL BUGAMBILIAS shall have the exclusive rights to collect and market Mineral Specimens, mineral crystals, rock specimens and lapidary materials from the MINING LOTSProperty, providing said activity does not materially interfere with exploration or exploitation on the MINING LOTSProperty. This shall not in any manner limit LAGARTOS’s or the mine operator’s ability to take routine outcrop or mine samples of any kind. These exclusive collecting and marketing rights shall continue on the same basis once Commercial Production is initiated if the Operator agrees to allow collecting at all. Should the Operator terminate CASCABELBUGAMBILIAS’s collecting privileges, for reasons other than demonstrable malfeasance or negligence on CASCABELBUGAMBILIAS’s part, and later decide to reinitiate them, then CASCABELBUGAMBILIAS’s rights as outlined above shall be reinstated. CASCABELBUGAMBILIAS’s personnel shall be permitted access to so collect and given access to mining equipment and facilities to do so as long as it does not interfere materially with production from the MINING LOTS. The first 200 20kg of specimens contained silver may be removed by CASCABEL BUGAMBILIAS from the MINING LOTS annually as specimens at no cost to CASCABELBUGAMBILIAS. It is anticipated that the maximum amount of specimens collected will not exceed 2000 200kg per year or as otherwise agreed by the parties. Any amounts in excess of 200 20 kg of specimens contained silver shall be sold by CASCABEL BUGAMBILIAS with 25% of the profit from said sales being credited to LAGARTOS against NSR payments due to CASCABEL BUGAMBILIAS under section 3.1. In order to maintain specimen market value, CASCABEL BUGAMBILIAS shall have sole discretion regarding rate and location of specimen sales. CASCABEL BUGAMBILIAS shall cooperate with LAGARTOS in arranging a public museum donation program in accordance with a policy agreed to by LAGARTOS and CASCABELBUGAMBILIAS.

Collection Rights. 4.1 CASCABEL CORALILLO shall have the exclusive rights to collect and market Mineral Specimens, mineral crystals, rock specimens and lapidary materials from the MINING LOTSProperty, providing said activity does not materially interfere with exploration or exploitation on the MINING LOTSProperty. This shall not in any manner limit LAGARTOS’s or the mine operator’s ability to take routine outcrop or mine samples of any kind. These exclusive collecting and marketing rights shall continue on the same basis once Commercial Production is initiated if the Operator agrees to allow collecting at all. Should the Operator terminate CASCABELCORALILLO’s collecting privileges, for reasons other than demonstrable malfeasance or negligence on CASCABELCORALILLO’s part, and later decide to reinitiate them, then CASCABELCORALILLO’s rights as outlined above shall be reinstated. CASCABELCORALILLO’s personnel shall be permitted access to so collect and given access to mining equipment and facilities to do so as long as it does not interfere materially with production from the MINING LOTS. The first 200 2000 kg of specimens may be removed by CASCABEL CORALILLO from the MINING LOTS annually as specimens at no cost to CASCABELCORALILLO. It is anticipated that the maximum amount of specimens collected will not exceed 2000 5000 kg per year year, or as otherwise agreed by the parties. Any amounts in excess of 200 2000 kg of specimens shall be sold by CASCABEL CORALILLO with 25% of the profit from said sales being credited to LAGARTOS against NSR payments due to CASCABEL CORALILLO under section 3.1. In order to maintain specimen market value, CASCABEL CORALILLO shall have sole discretion regarding rate and location of specimen sales. CASCABEL CORALILLO shall cooperate with LAGARTOS in arranging a public museum donation program in accordance with a policy agreed to by LAGARTOS and CASCABELCORALILLO.