February 26, 2007 Messrs. MINERA ANDES INC. MINERA ANDES S.A. Spokane, WA Attention : Allen Ambrose Facsimile No. (509) 921-7325 MINERA SANTA CRUZ S.A. Leandro N. Alem Avenue 712, Suite 5A Capital Federal, Argentina Attention: Gonzalo Freyre Facsimile...
Exhibit 99.3
February 26, 2007
Messrs.
MINERA ANDES INC.
MINERA ANDES S.A.
000 Xxxx Xxxxxxxxx Xx., Xxxxx X
Xxxxxxx, XX
Attention : Xxxxx Xxxxxxx
Facsimile No. (000) 000-0000
MINERA SANTA XXXX X.X.
Xxxxxxx X. Xxxx Xxxxxx 000, Xxxxx 0X
Xxxxxxx Xxxxxxx, Xxxxxxxxx
Attention: Xxxxxxx Xxxxxx
Facsimile No. (54-ll) 4315-7900
Dear Sirs:
We refer to the letter agreement dated January 5, 2007 among Hochschild Mining (Argentina) Corporation, formerly known as Lorenzon Limited (“Lorenzon”), Minera Andes Inc. (“MAI”), MASA and MSC and the letter agreement dated January 25, 2007 among the same parties (collectively, the “Letter Agreements”), each relating to advances of the Lorenzon/MSC PFL, the Lorenzon/MAI PFL, and the MAI/MSC PFL (as such terms are defined in the Letter Agreements).
This will confirm our agreement as follows:
1.
The Letter Agreements are amended by (a) deleting the date “February 28, 2007” in paragraph 2 of each of the Letter Agreements and replacing such date with “March 31, 2007 and (b) deleting the date “March 31, 2007” in each place it appears in paragraph 2 of each of the Letter Agreements and replacing such date with “April 1, 2007.”
2.
As amended hereby, the Letter Agreements remain in full force and effect.
If the foregoing correctly reflects our agreement, please sign a copy of this letter and return it to us.
Very truly yours.
HOCHSCHILD MINING (ARGENTINA)
CORPORATION
|
By: /s/ Xxxxxx Xxxxxxxx |
|
Name: Xxxxxx Xxxxxxxx |
ACCEPTED AND AGREED:
MINERA ANDES INC.
By: /s/ Xxxxx X. Xxxxxxx
Name:
Xxxxx X. Xxxxxxx
Date:
February 26, 2007
MINERA ANDES S.A
By:_____________________
Name:
Date:
MINERA SANTA XXXX X.X.
By:_______________________
Name:
Date:
2
ACCEPTED AND AGREED:
MINERA ANDES INC.
By: /s/ Xxxxx X. Xxxxxxx
Name:
Xxxxx X. Xxxxxxx
Date:
February 26, 2007
MINERA ANDES S.A
By: /s/ Xxxxx X. Xxxxxx
Name:
Xxxxx X. Xxxxxx
Date:
27-02-07
MINERA SANTA XXXX X.X.
By:_____________________
Name:
Date:
2
ACCEPTED AND AGREED:
MINERA ANDES INC.
By: /s/ Xxxxx X. Xxxxxxx
Name:
Xxxxx X. Xxxxxxx
Date:
February 26, 2007
MINERA ANDES S.A
By:______________________
Name:
Date:
MINERA SANTA XXXX X.X.
By: /s/ Xxxxxxx Xxxxxx
Name: Xxxxxxx Xxxxxx
Date: 27/02/07
2
