Common use of Options Granted Clause in Contracts

Options Granted. The Company hereby grants the Optionee non-qualified stock options to purchase an aggregate of Three Hundred Thousand (300,000) shares of the Company’s Common Stock exercisable at a price of $0.28 per share (the “Exercise Price”) for a term commencing on the vesting dates set out below (the “Vesting Date”) and expiring at 5:00 pm (Pacific Time) on the fifth (5th) year anniversary of the respective Vesting Date (the “Expiration Date”), subject to termination as set forth herein: 75,000 The date that the Corporation successfully completes 10 successful pilot plant metal extraction tests of 5 tons of head material each, which date shall be reasonably determined by the Board. The date that is the 5th year anniversary of the particular vesting date. 75,000 The first date after the date of these resolutions that the closing price for the Corporation’s common stock (as quoted by the principal market or exchange on which such shares trade) exceeds $1.00 per share for 20 consecutive trading days. The date that is the 5th year anniversary of the particular vesting date. No option may be exercised unless the option has vested. The vesting of all options will be cumulative. All options which have not vested will terminate on the date of termination of the options in accordance with this Agreement.

Options Granted. The Company hereby grants the Optionee non-qualified stock options to purchase an aggregate of Three Six Hundred Thousand (300,000600,000) shares of the Company’s Common Stock exercisable at a price of $0.28 0.57 per share (the “Exercise Price”) for a term commencing on the vesting dates set out below (the “Vesting Date”) and expiring at 5:00 pm (Pacific Time) on the fifth (5th) year anniversary of the respective Vesting Date (the “Expiration Date”), subject to termination as set forth herein: 75,000 150,000 The date that the Corporation successfully completes 10 successful pilot plant metal onsite gold extraction tests of 5 tons of head material eachxxxxx tests, which date shall be reasonably determined by the Board. The date that is the 5th year anniversary of the particular vesting date. 75,000 150,000 The first date after the date of these resolutions Grant Date that the closing price for the Corporation’s common stock (as quoted by the principal market or exchange on which such shares trade) exceeds $1.00 1.25 per share for 20 consecutive trading days. The date that is the 5th year anniversary of the particular vesting date. No option may be exercised unless the option has vested. The vesting of all options will be cumulative. All options which have not vested will terminate on the date of termination of the options in accordance with this Agreement.

Options Granted. The Company hereby grants the Optionee non-qualified stock options to purchase an aggregate of Three Four Hundred Thousand (300,000400,000) shares of the Company’s Common Stock exercisable at a price of $0.28 per share (the “Exercise Price”) for a term commencing on the vesting dates set out below (the “Vesting Date”) and expiring at 5:00 pm (Pacific Time) on the fifth (5th) year anniversary of the respective Vesting Date (the “Expiration Date”), subject to termination as set forth herein: 75,000 100,000 The date that the Corporation successfully completes 10 successful pilot plant metal extraction tests of 5 tons of head material each, which date shall be reasonably determined by the Board. The date that is the 5th year anniversary of the particular vesting date. 75,000 100,000 The first date after the date of these resolutions that the closing price for the Corporation’s common stock (as quoted by the principal market or exchange on which such shares trade) exceeds $1.00 per share for 20 consecutive trading days. The date that is the 5th year anniversary of the particular vesting date. No option may be exercised unless the option has vested. The vesting of all options will be cumulative. All options which have not vested will terminate on the date of termination of the options in accordance with this Agreement.

Options Granted. The Company hereby grants the Optionee non-qualified stock options to purchase an aggregate of Three Four Hundred Thousand (300,000400,000) shares of the Company’s Common Stock exercisable at a price of $0.28 0.57 per share (the “Exercise Price”) for a term commencing on the vesting dates set out below (the “Vesting Date”) and expiring at 5:00 pm (Pacific Time) on the fifth (5th) year anniversary of the respective Vesting Date (the “Expiration Date”), subject to termination as set forth herein: 75,000 100,000 The date that the Corporation successfully completes 10 successful pilot plant metal onsite gold extraction tests of 5 tons of head material eachxxxxx tests, which date shall be reasonably determined by the Board. The date that is the 5th year anniversary of the particular vesting date. 75,000 100,000 The first date after the date of these resolutions Grant Date that the closing price for the Corporation’s common stock (as quoted by the principal market or exchange on which such shares trade) exceeds $1.00 1.25 per share for 20 consecutive trading days. The date that is the 5th year anniversary of the particular vesting date. No option may be exercised unless the option has vested. The vesting of all options will be cumulative. All options which have not vested will terminate on the date of termination of the options in accordance with this Agreement.

Options Granted. The Company hereby grants the Optionee non-qualified stock options to purchase an aggregate of Three Six Hundred Thousand (300,000600,000) shares of the Company’s Common Stock exercisable at a price of $0.28 per share (the “Exercise Price”) for a term commencing on the vesting dates set out below (the “Vesting Date”) and expiring at 5:00 pm (Pacific Time) on the fifth (5th) year anniversary of the respective Vesting Date (the “Expiration Date”), subject to termination as set forth herein: 75,000 150,000 The date that the Corporation successfully completes 10 successful pilot plant metal extraction tests of 5 tons of head material each, which date shall be reasonably determined by the Board. The date that is the 5th year anniversary of the particular vesting date. 75,000 150,000 The first date after the date of these resolutions that the closing price for the Corporation’s common stock (as quoted by the principal market or exchange on which such shares trade) exceeds $1.00 per share for 20 consecutive trading days. The date that is the 5th year anniversary of the particular vesting date. No option may be exercised unless the option has vested. The vesting of all options will be cumulative. All options which have not vested will terminate on the date of termination of the options in accordance with this Agreement.