AMERICAN GOLD RESOURCES CORPORATION
000 Xxxx Xxxxxx, Xxxxx 0000
Xxxxxxx, Xxxxx 00000
(000) 000-0000
(713) 654-9228-Facsimile
January 2, 1995
Xx. Xxx Xxxxxxx
President
Americomm Corporation
0000 X. Xxxxxxx, Xxxxx 000
Xxxxx, Xxxxxxxx 00000
RE: Assignment of Exploration Agreement ("Agreement")
Between North Lily Mining Company ("NLMC") and
American Gold Resources Corporation ("AGR"), Dated
June 6, 1991 - Pioneer Project - Xxxxxx County,
Montana
______________________________________________________
Dear Xxx:
Further to our letter agreement dated December 29, 1992, please be advised
that effective today, item 2 as outlined in the letter agreement will no
longer be valid. As you will recall, this provision provided for a 3%
NSR to be retained by AGR on all properties which were dropped by North Lily
and subsequently picked-up by Americomm.
Should you have any questions, please do not hesitate to contact me.
Yours very truly,
AMERICAN GOLD RESOURCES CORPORATION
Xxxxxx X. Xxxxx
XXXXXX X. XXXXX
President & CEO
