Letter of Intent, LS Claim Group, Lander County, NevadaExploration Option Agreement • July 14th, 2006 • Luna Gold Corp • Gold and silver ores
This binding Letter of Intent will confirm our mutual intention to negotiate an Exploration Option Agreement (the “Agreement”) between Centerra (U.S.) Inc., a Nevada corporation (“Centerra”), and Luna Gold Corp., a Wyoming corporation (“Luna”), affecting the LS claim group situated in Lander County, Nevada (the “Property”, as more particularly defined in Paragraph 1 below). Pursuant to the Agreement, Centerra can acquire up to an undivided 60% interest in the Property and in a Joint Venture with Luna and can subsequently acquire up to an undivided additional 15% in the Property and in the Joint Venture with Luna.
EXPLORATION AGREEMENT WITH OPTION FOR JOINT VENTUREExploration Agreement With Option for Joint Venture • July 14th, 2006 • Luna Gold Corp • Gold and silver ores • Nevada
This Exploration Agreement with Option for Joint Venture (“Agreement”) dated as of September 12, 2005 (“Effective Date”), is between Luna Gold Corporation, a Canadian corporation registered under the Canada Business Corporations Act and having its principal place of business at Suite 920--475 West Georgia Street, Vancouver, B.C., Canada V6B 4M9 (“Luna”) and Centerra (U.S.) Inc., a Nevada corporation having its principal place of business at 5450 Riggins Court, Suite 6, Reno, Nevada 89502 (“Centerra”).
