APOLLO GOLD CORPORATION
EXHIBIT
10.1
APOLLO
GOLD CORPORATION
0000 X.
Xxxxxxxx Xxxxxx, Xxxxx 000
Xxxxxxxxx
Xxxxxxx, XX 00000
January 8, 0000 | |
Xxxxxxx
Xxxxxxxxxx LLC
X.X. Xxx
000000
Xxxxxx,
XX 00000
Attention: Xxxxxxx
X.X. Xxxxxx, Chairman
Dear
Xxx:
Re:
|
Letter
of Intent (the “Letter of Intent”) dated December 9, 2009 among Elkhorn
Goldfields LLC (“Elkhorn”), Apollo Gold Corporation (“Apollo”), Calais
Resources, Inc. and Calais Resources Colorado, Inc., as amended December
30, 2009
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The
parties agree that this letter amends the Letter of Intent by replacing the date
“January 8, 2010” in each instance that it appears in Section 7 of the Letter of
Intent with “January 15, 2010”. Except as otherwise amended by this
letter, all of the other terms and conditions of the Letter of Intent remain in
full force and effect. This letter may be signed in one or more
counterparts (by original or facsimile or electronic signature), each of which
when so executed shall be deemed to be an original, and such counterparts
together shall constitute one and the same instrument.
Yours
truly,
APOLLO
GOLD CORPORATION
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By:
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/s/ R. Xxxxx Xxxxxxx | |
R.
Xxxxx Xxxxxxx
President and Chief Executive
Officer
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The above
proposal is hereby accepted this 8th day of January, 2010.
ELKHORN
GOLDFIELDS LLC
Per: | /s/ Xxxxxxx X.X. Xxxxxx | |
Xxxxxxx X.X. Xxxxxx, Chairman | ||
Accepted
and agreed to this 8th day of January, 2010.
CALAIS
RESOURCES, INC.,
and
CALAIS
RESOURCES COLORADO, INC.
Per: | /s/ Xxxxx X. Xxxxx | |
Xxxxx X. Xxxxx | ||
President and Chief Executive Officer | ||