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EXHIBIT 10.2
ACKNOWLEDGMENT
TO: Minera Metalin S.A. de C.V.
Metalline Mining Company
Royal Silver Mines, Inc. hereby acknowledges and agrees that it
has no right, title or interest, whatsoever, arising out of a Joint
Venture Agreement among itself, Minera Metalin SA de C.V. and Metalline
Mining Company and/or any mining concession subject to that agreement.
Royal Silver Mines, Inc. further acknowledges it has no right to
enter into any other joint venture agreement with Metalline Mining
and/or Minera Metalin, or to obtain any right, title or interest in any
mining concessions located in Coahuila, Mexico, arising out of an
Agreement among Royal Silver Mines, Inc., Metalline Mining Company and
Dakota Mining Company or by virtue of any other agreement.
Royal Silver Mines further acknowledges and agrees that any right,
title or interest, whatsoever, that Grand Central Silver Mines, Inc.
may have had in any joint venture involving Minera Metalin and/or
Metalline Mining Company and/or Royal Silver Mines, together with any
right, title or interest Grand Central Silver Mines may have had in any
mining properties and/or mining concessions located in Coahuila,
Mexico, arising out of or by virtue of any Joint Venture Agreement has
been wholly terminated and extinguished.
ROYAL SILVER MINES, INC.
By: /s/ Xxxxxx Xxxxxx,
Its President
DATED:____________________
