To: Amerilithium Corp
Attn: Xxxxxxx Xxxxxxx, CEO
Xxxxxx Xxxxxxxx, VP Exploration, Director
Dear Xxxxxxx,
Please consider this email letter an engagement agreement contemplating
the below program of work, to be performed on the Paymaster Claims in
Nevada, USA and that the contractual price for delivering this
professional survey as described in our June 7, 2010 letter and
additional works and costs described in our June 30, 2010 email.
This Engagement Agreement is made this 30th day of June 2010, by and
between Amerilithium Corp. and GeoXplor Corporation.
Program of Work, (Mobilization July 7, 2010)
To extend and amend the original Gravity survey over the relevant areas
of claim blocks PM32- PM67 Inclusive.
To complete a full CSAMT/MT survey over the relevant areas of the
complete Paymaster property. This is to include the previously
proposed scheme, plus the additional work required from the results of
the extended Gravity Survey.
The total of this work to be $90,000.00 Payable as follows:
50% upon signing
30% upon completion of field work
20% upon delivery of final reports
Please be kind enough to sign in the space below on behalf of
Amerilithium Corp., print and scan or fax to me this authorization and
agreement to conduct this survey.
Many thanks.
/s/Xxxxx Xxxxxxxx CEO
GeoXplor Corp
Accepted On Behalf of Amerilithium Corp.
/s/Xxxxxxx Xxxxxxx
----------------------------------
Xxxxxxx Xxxxxxx, CEO and President
Letterhead of GeoXplor Corp.
June 7, 2010
To: Amerilithium Corp.
Attn: Xxxxxxx Xxxxxxx, President
Xxxxxx Xxxxxxxx, Geologist, Exploration Manager
Gentlemen,
Please find enclosed proposed budget for the CSAM/MT EM survey to be
performed on the Paymaster Property in Nevada, along with explanatory
information from our geophysicist, Xxx Xxxxxxxxx for your review and
approval.
We anticipate a June 11/12 mobilization dates if that is agreeable with
you.
Our policy is to request 50% of the proposed budget costs before
mobilization, 30% on demobilization and the balance on submission of
the report.
Thank you and we look forward to further exploration encouragement that
will lead to the next phase which will be a drill program.
Regards,
/s/Xxxxx Xxxxxxxx, CEO
C: Xxxx Xxx
Letter Head Of GeoXplor Corp.
June 7, 2010
To: Amerilithium Corp
Attn: Xxxxxxx Xxxxxxx President
Xxxxxx Xxxxxxxx, Geologist, Exploration Manager
Proposed Budget re CSAM/MT Survey Paymaster Claims, Xxxxxxx Valley
Area, Nevada
To Include: Project Preparation, mobilization-demobilization,
consulting, wages, room and board, vehicles, consumables, equipment and
supplies, rentals, supervision, disbursements and administration.
Mobilization-demobilization: Xxxxxxxxx
and GeoXplor Corp Personnel $6000.00
Data acquisition:
Xxx Xxxxxxxxx, Geophysicist; $1000.00/day x
8 days 8,000.00
Xxxxx Xxxxxx, geophysical operator 14 days
@ $700.00/day 9,800.00
Xxxxx Xxxxxx, geophysical operator 14 days
@ $700.00/day 8,400.00
Data processing and interpretation: 13,500.00
Equipment rental: 5,500.00
Equipment shipping: 1,000.00
Equipment Insurance: 500.00
Final report: 3,500.00
Room and board: 36 mandays@$125.00/man/day 4,500.00
Trucks: 2 4x4 PU crew cabs @ $135.00/days
X 22 days 5,940.00
ATV's: 3 @ $110.00/days x 14 days 1,540.00
Gas: 1000.00
Equipment and supplies: 1,500.00
Total: $70,680.00
Administration @ 15%: 10,602.00
Grand Total: $81,282.00
Say: $81,000.00
xxx.xxxxxxxx.xxx
Letterhead of Xxxxxxxxx Geophysics, Inc.
MEMORANDUM
Date: May 25, 2010
To: Xxxxx Xxxxxxxx and Xxxx Xxx, GeoXplor Corp.
West Vancouver, BC and Anthem, Arizona
From Xxx Xxxxxxxxx
Re: Paymaster Canyon, Nevada, CSAMT/MT Survey Proposal for
AmeriLithium
A gravity survey was recently completed for Amerilithium Corp. over
property optioned from GeoXplor Corp. in Paymaster canyon, Nevada. In
the gravity survey report, it is recommended that controlled-source
audio-magnetotellurics/magnetotellurics (CSAMT/MT) surveys be conducted
over selected areas. CSAMT/MT is an electromagnetic (EM) geophysical
method commonly used in the exploration industry. It determines the
earth's two-dimensional subsurface electrical resistivity distribution
by measuring time dependent variations of the earth's natural electric
and magnetic fields, as well as the electric and magnetic fields
resulting from high frequency induced waves. The resistivity
information is generally used to determine subsurface geologic and
hydrogeologic conditions and structure. The CSAMT/MT method is
designed to investigate from depths of approximately 20 to 750 meters
depending upon subsurface resistivity values. Lower resistivity values
will decrease the investigation depth while higher values will
generally result in greater depths of investigation.
Data for this project will be acquired with a StrataGem EH4 CSAMT/MT
system, operating at frequencies ranging from 10 Hz to 92 kHz,
manufactured by Geometrics Inc. of San Jose, California. A graphical
representation of the field setup of the StrataGem EH4 instrument is
shown in Figure 1. In essence, electric dipoles and magnetometers are
laid out in perpendicular directions and both natural and transmitted
frequencies are recorded from distant and non-polarized sources (i.e.,
the measured MEM fields will impinge upon the earth as uniform plane
waves) in two dimensions. EM waves polarized in one direction will
limit the type of measurements that can be made in addition to possibly
introducing noise. Standard CSAMT surveys using a long dipole
transmitter source oriented in one direction are generally influenced
by near-surface conductors, often at the expense of deeper conductors
of interest, and are not suitable for two-dimensional environments.
Therefore, standard CSAMT surveys are not recommended. Also, a
successful CSAMT/MT survey was conducted last year in Xxxxxxx Valley
thus experience gained from that survey in essentially the same
environments. Therefore, standard CSAMT surveys are not recommended.
Also, a successful CSAMT/MT survey was conducted last year in Xxxxxxx
Valley thus experience gained from that survey in essentially the same
environment will be applied to this project area.
Figure 2 shows line and station locations for the proposed CSAMT/MT
survey. The long south to north line essentially follows the axis of
the bedrock elevation low as determined from the gravity survey, while
the seven cross-lines are placed to highlight the lowest bedrock
elevations. A nominal total of 96 stations are proposed at intervals
of 250 meters. The data will be processed by Xxx Xxxxxxxxx using
Geometrics' ElectroMagnetic Array Profile (EMAP) transform software
that calculates the Xxxxxxx transform resistivities from the CSAMT/MT
data. Subsequently values for each station will be converted into a
format compatible with the Tecplot Focus 2009 computer software for
presentations as two- and three-dimensional cross-sections, as
appropriate, in both depth and elevation formats. Xx. Xxxxxxxxx will
also interpret the data and write the report.
