Exhibit 10.47
FOURTH AMENDMENT
TO THE "AGREEMENT FOR PURCHASE AND SALE OF
WASTE ROCK FROM THE XXXXXXX CAMP MINE"
This document is an amendment ("Amendment") to the "Agreement for Purchase and
Sale of Waste Rock from the Xxxxxxx Camp Mine" dated December 23, 2004
("Agreement") between Nord Resources Corporation ("Seller") and JC Rock, LLC
("Purchaser").
A) Seller and Purchaser hereby agree to extend the term of the Agreement from
October 1, 2005 to February 28, 2006. The Agreement may also be extended by
special arrangement on specific contracts at the sole option of the Seller.
B) Seller hereby agrees to reduce the royalty from $1.50 per ton to $1.00 per
ton on fines and rock sold by Purchaser to individuals or companies where the
sales price to such individuals or companies is less than $6.00 per ton, FOB
Xxxxxxx Camp.
C) Purchaser hereby acknowledges that the Agreement is non-exclusive and hereby
reaffirms Seller's right to sell Xxxxxxx Camp rock that is not in Purchaser's
inventory to any individual or company during the term of the Agreement.
Dated September 30, 2005
NORD RESOURCES CORPORATION JC ROCK, LLC
By: /s/ Xxxxx Xxxxxxxxx By: /s/ Xxxxx X. Xxxxxx
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