JOINT VENTURE AGREEMENT - AMENDMENT NO. 2
-----------------------------------------------
THIS AGREEMENT made as of the 25th day of February, 2003.
BETWEEN:
XXXX X. MIRKO, of 000 Xxxxxxx Xxxxxx, Xxxxx Xxxxxxxxx, Xxxxxxx
Xxxxxxxx, Xxxxxx X0X 0X0
(hereinafter referred to as the "Operator")
OF THE FIRST PART
AND:
DELBROOK MINING CORP., having its registered office at Suite
1880, 0000 Xxxx Xxxxxxx Xxxxxx, Xxxxxxxxx, XX, Xxxxxx, X0X 0X0
(hereinafter referred to as "Delbrook")
OF THE SECOND PART
WHEREAS:
A. The parties entered into a joint venture agreement dated December 28, 2001
(the "Agreement"), as amended December 17, 2002;
B. Due to inclement weather conditions the Operator will not be able to
complete the current work programs on the Property by February 28, 2003;
C. The parties have agreed to further amend the Agreement to extend the date
for completion of the first $20,000 Cdn expenditure by Delbrook.
NOW THEREFORE THIS AGREEMENT WITNESSES THAT in consideration of the mutual
covenants and conditions herein contained and in consideration of the sum of
$1.00 Cdn paid by each of the parties hereto to each other (the receipt of which
is hereby acknowledged) the parties have agreed and do hereby agree as follows:
1. The Agreement is hereby amended by extending the date for completion of
the initial program by Delbrook as set out in paragraph 7.04 of the Agreement
from
2
February 28, 2003 to April 15, 2003.
2. The Agreement is deemed to have been amended as of the day and year first
above written and, in all other respects, save and except as herein
provided, the Agreement is hereby confirmed.
3. This Agreement may be executed in counterparts which together shall form
one and the same instrument.
IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day
and year first above written.
SIGNED, SEALED AND DELIVERED
BY XXXX MIRKO
in the presence of:
)
/s/ Xxxxxx X'Xxxxx ) /s/ Xxxx Mirko
----------------------------- ) ---------------------------
Signature ) Xxxx Mirko
Xxxxxx X'Xxxxx )
----------------------------- )
Name )
0000-0000 X. Xxxxxxx Xx. )
----------------------------- )
Address )
Vancouver, B.C. )
----------------------------- )
)
THE COMMON SEAL OF )
DELBROOK MINING CORP. was )
hereunto affixed in the presence ) c/s
of: )
)
)
/s/ XXXXX XXXXXXX )
----------------------------- )
Authorized Signatory
