Common use of Commingling of Ore Clause in Contracts

Commingling of Ore. LESSEE may commingle ore from the LEASED PROPERTY with ore from other properties, either before or after concentration or beneficiation, provided that the method and procedures LESSEE uses to commingle the ore and to determine the weight and grade of the ore removed from the LEASED PROPERTY and of the ore with which it is commingled shall be a method recognized by the mining industry and conducted in accordance with generally accepted ac counting principles. LESSEE shall use that method to determine weight and grade and to allocate net returns from the commingled ore between the LEASED PROPERTY and the other properties from which the other commingled ore was removed and to assure that the share of production received by LESSOR is representative of the ore that was produced from the LEASED PROPERTY. All such weight, grade and allocation calculations by LESSEE shall be done in accordance with generally accepted accounting principles and in a manner recognized by the mining industry as practical and sufficient at that time. If it is impractical to determine which portions of any of the costs and expenses described in Paragraph 4.2.2 above are directly attributable to ore removed from the LEASED XXXXXXX GOLD GROUP, INC./XXXXXXX XXXXXXX, et al. EXPLORATION AGREEMENT AND OPTION TO LEASE

Commingling of Ore. LESSEE may commingle ore from the LEASED PROPERTY with ore from other properties, either before or after concentration or beneficiation, provided that the method and procedures LESSEE uses to commingle the ore and to determine the weight and grade of the ore removed from the LEASED PROPERTY and of the ore with which it is commingled shall be a method recognized by the mining industry and conducted in accordance with generally accepted ac counting accounting principles. LESSEE shall use that method to determine weight and grade and to allocate net returns the minerals produced from the commingled ore between the LEASED PROPERTY and the other properties from which the other commingled ore was removed and removed, to assure that the share of production royalty to be received by LESSOR is representative of the ore that was produced from the LEASED PROPERTY. All such weight, grade and allocation calculations by LESSEE shall be done in accordance with generally accepted accounting principles and in a manner recognized by the mining industry as practical and sufficient at that time. If it is impractical to determine which portions portion of any of the costs and expenses described in Paragraph 4.2.2 4.3.2 above are directly attributable to ore removed from the LEASED XXXXXXX GOLD GROUPPROPERTY, INC./XXXXXXX XXXXXXXsuch costs and expenses shall be allocated on a straight-line, et al. EXPLORATION AGREEMENT AND OPTION TO LEASEper-ton basis among all ores that give rise to those expenses, in accordance with acceptable accounting standards.

Commingling of Ore. LESSEE may commingle ore from the LEASED PROPERTY with ore from other properties, either before or after concentration or beneficiation, provided that the method and procedures LESSEE uses to commingle the ore and to determine the weight and grade of the ore removed from the LEASED PROPERTY and of the ore with which it is commingled shall be a method recognized by the mining industry and conducted in accordance with generally accepted ac counting accounting principles. LESSEE XXXXXX shall use that method to determine weight and grade and to allocate net returns from the commingled ore between the LEASED PROPERTY and the other properties from which the other commingled ore was removed and to assure that the share of production received by LESSOR XXXXXX is representative of the ore that was produced from the LEASED PROPERTY. All such weight, grade and allocation calculations by LESSEE shall be done in accordance with generally accepted accounting principles and in a manner recognized by the mining industry as practical and sufficient at that time. If it is impractical to determine which portions portion of any of the costs and expenses described in Paragraph 4.2.2 above are directly attributable to ore removed from the LEASED XXXXXXX GOLD GROUPPROPERTY, INC./XXXXXXX XXXXXXXsuch costs and expenses shall be allocated on a straight-line, et al. EXPLORATION AGREEMENT AND OPTION TO LEASEper-ton basis among all ores that give rise to those expenses, in accordance with acceptable accounting standards.

Commingling of Ore. LESSEE may commingle ore from the LEASED PROPERTY with ore from other properties, either before or after concentration or beneficiation, provided that the method and procedures LESSEE uses to commingle the ore and to determine the weight and grade of the ore removed from the LEASED PROPERTY and of the ore with which it is commingled shall be a method recognized by the mining industry and conducted in accordance with generally accepted ac counting accounting principles. LESSEE shall use that method to determine weight and grade and to allocate net returns from the commingled ore between the LEASED PROPERTY and the other properties from which the other commingled ore was removed and to assure that the share of production received by LESSOR is representative of the ore that was produced from the LEASED PROPERTY. All such weight, grade and allocation calculations by LESSEE shall be done in accordance with generally accepted accounting principles and in a manner recognized by the mining industry as practical and sufficient at that time. If it is impractical to determine which portions of any of the costs and expenses described in Paragraph 4.2.2 above are directly attributable to ore removed from the LEASED XXXXXXX GOLD GROUPPROPERTY, INC./XXXXXXX XXXXXXXsuch costs and expenses shall be allocated on a straight-line, et alper-ton basis among all ores that give rise to those expenses, in accordance with acceptable accounting standards. EXPLORATION AGREEMENT AND OPTION TO LEASE5.3 Cross-Mining Rights. LESSEE is hereby granted the right, if it so desires, to mine or remove from the LEASED PROPERTY any ores, waste, water and other materials existing therein or thereon or in any part thereof, through or by means of shafts,

Commingling of Ore. LESSEE may commingle ore from the LEASED PROPERTY with ore from other properties, either before or after concentration or beneficiation, provided that the method and procedures LESSEE uses to commingle the ore and to determine the weight and grade of the ore removed from the LEASED PROPERTY and of the ore with which it is commingled shall be a method recognized by the mining industry and conducted in accordance with generally accepted ac counting accounting principles. LESSEE shall use that method to determine weight and grade and to allocate net returns from the commingled ore between the LEASED PROPERTY and the other properties from which the other commingled ore was removed and to assure that the share of production received by LESSOR is representative of the ore that was produced from the LEASED PROPERTY. All such weight, grade and allocation calculations by LESSEE shall be done in accordance with generally accepted accounting principles and in a manner recognized by the mining industry as practical and sufficient at that time. If it is impractical to determine which portions of any of the costs and expenses described in Paragraph 4.2.2 3.2.2 above are directly attributable to ore removed from the LEASED XXXXXXX GOLD GROUPPROPERTY, INC./XXXXXXX XXXXXXXsuch costs and expenses shall be allocated on a straight-line, et al. EXPLORATION AGREEMENT AND OPTION TO LEASEper-ton basis among all ores that give rise to those expenses, in accordance with generally accepted accounting standards.