ASSET PURCHASE AGREEMENT among STERLING MINING COMPANY and SILVER OPPORTUNITY PARTNERS LLC Dated as of April 21, 2010

Exhibit 2.1

among

STERLING MINING COMPANY

and

SILVER OPPORTUNITY PARTNERS LLC

Dated as of April 21, 2010

TABLE OF CONTENTS


		Page

ARTICLE I DEFINITIONS AND INTERPRETATION			1
Section 1.1.	Definitions		1
Section 1.2.	Interpretation		7

ARTICLE II SALE OF ASSETS; SALE OF STOCK; CLOSING			7
Section 2.1.	Purchase and Sale of Purchased Assets		7
Section 2.2.	Excluded Assets		8
Section 2.3.	Assumed Liabilities		9
Section 2.4.	Excluded Liabilities		9

ARTICLE III PURCHASE PRICE			10
Section 3.1.	Purchase Price		10
Section 3.2.	Additional Payments		10

ARTICLE IV CLOSING; CLOSING DELIVERIES			11
Section 4.1.	Closing		11
Section 4.2.	Deliveries by Seller at Closing		11
Section 4.3.	Deliveries by Purchaser at Closing		11

ARTICLE V CONDITIONS TO CLOSING			12
Section 5.1.	Conditions to Obligations of Each Party		12
Section 5.2.	Conditions to Obligations of the Purchaser		12
Section 5.3.	Conditions to Obligations of the Seller		13

ARTICLE VI REPRESENTATIONS AND WARRANTIES OF SELLER			13
Section 6.1.	Authorization		13
Section 6.2.	Organization and Qualification		13
Section 6.3.	Conflicting Agreements and Operating Agreement Provisions		13
Section 6.4. Section 6.5.	Consents Title to Purchased Assets		14 14
Section 6.6.	Real Property		14
Section 6.7.	Cure of Monetary Defaults		14
Section 6.8.	Reserve Report		14
Section 6.9.	No Implied or Other Representation of Warranty		15

ARTICLE VII REPRESENTATIONS AND WARRANTIES OF PURCHASER			15
Section 7.1.	Authorization; Noncontravention		15
Section 7.2.	Organization and Qualification		16
Section 7.3.	Conflicting Agreements and Operating Agreement Provisions		16
Section 7.4.	Consents		16

ARTICLE VIII COVENANTS			16
Section 8.1.	Further Assurances; Books and Records		16
Section 8.2.	Cure of Monetary Defaults		17


Section 8.3.	Stock of Seller	17
Section 8.4.	Ordinary Course of Business	17
Section 8.5.	Notifications	17
Section 8.6.	Insurance	18
Section 8.7.	Press Releases; Publicity	18
Section 8.8.	Use of Proceeds	18

ARTICLE IX TAX MATTERS		18
Section 9.1.	Purchase Price Allocation	18

ARTICLE X TERMINATION		19
Section 10.1.	Termination	19
Section 10.2.	Procedure and Effect of Termination	19
Section 10.3.	Return of Deposit Upon Termination	20

ARTICLE XI MISCELLANEOUS		20
Section 11.1.	Severability	20
Section 11.2.	Specific Enforcement	20
Section 11.3.	Entire Agreement	20
Section 11.4.	Counterparts	20
Section 11.5.	Notices, Requests and Other Communications	20
Section 11.6.	Amendments	21
Section 11.7.	No Third Party Beneficiary	22
Section 11.8.	Successors and Assigns	22
Section 11.9.	Assignment	22
Section 11.10.	Governing Law; Choice of Forum	22
Section 11.11.	Waivers	22
Section 11.12.	Expenses	23
Section 11.13.	Headings	23


Exhibit A Form of General Assignment and Xxxx of Sale

Schedule 2.1(a)		Real Property; Improvements
Schedule 2.1(b)		Real Property Leases
Schedule 2.1(c)		Transferred Personal Property
Schedule 2.1(h)		Securities Accounts and Marketable Securities
Schedule 2.1(j)		Contracts
Schedule 6.6		Legal Description of Leased Real Property
Schedule 6.7		Monetary Defaults under Real Property Leases
Schedule 6.8(a)		Disclosures Regarding Reserve Report

- ii -

ASSET PURCHASE AGREEMENT

This ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of April 21, 2010 (the “Execution Date”), is entered into by and between Sterling Mining Company, a corporation organized under the laws of Idaho (“SMC” or “Seller”), and Silver Opportunity Partners LLC, a Delaware limited liability company (“SOP” or “Purchaser”).

RECITALS

WHEREAS, Seller is debtor in possession under title 11 of the United States Code, 11 U.S.C. § 101 et. seq. (the “Bankruptcy Code”), and filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code on March 3, 2009 in the United States Bankruptcy Court for the District of Idaho (the “Bankruptcy Court”), (Case No. 09-20178-TLM);

WHEREAS, upon the terms and conditions set forth in this Agreement, Seller desires to sell, transfer and assign to Purchaser, and Purchaser desires to purchase, acquire and assume from Seller, pursuant to Sections 363 and 365 of the Bankruptcy Code, all of the Purchased Assets and Assumed Liabilities (each as defined below), free and clear of all Liabilities;

WHEREAS, Purchaser and Seller are parties to that certain Stock Purchase Agreement, dated of even date herewith (the “Stock Purchase Agreement”); and

WHEREAS, Purchaser and Seller contemplate that both this Agreement and the Stock Purchase Agreement constitute related but separable components of Seller’s resolution of its petition for relief under the Bankruptcy Code.

AGREEMENT

NOW, THEREFORE, in consideration of the premises and the mutual agreements, covenants and provisions contained herein, and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows:

ARTICLE I

DEFINITIONS AND INTERPRETATION

Section 1.1. Definitions. As used in this Agreement each of the following terms shall have the following respective meanings:

“Affiliate” means, with respect to any specified Person, any other Person directly or indirectly controlling, controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly

or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

“Agreement” shall have the meaning specified in the preamble.

“Allocation Statement” shall have the meaning specified in Section 9.1(a).

“Appealed Orders” means (i) Order on Motion to Assume Lease and Regarding Administrative Expense Claim, dated August 21, 2009 (Dkt. 327) and (ii) Order on Turnover Motion, dated August 14, 2009 (Dkt. 312).

“Assets and Properties” of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person, including, without limitation, cash, cash equivalents, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, leasehold estates, real estate, real property and mineral interests, equipment, inventory, goods and Intellectual Property.

“Asset Purchase Closing” shall have the meaning specified in Section 4.1(a).

“Asset Purchase Closing Date” shall have the meaning specified in Section 4.1(a).

“Asset Purchase Price” shall have the meaning specified in Section 3.1(a).

“Assumed Liabilities” shall have the meaning specified in Section 2.3.

“Bankruptcy Code” shall have the meaning specified in the Recitals.

“Bankruptcy Court” shall have the meaning specified in the Recitals.

“Benefit Plans” means “employee benefit plan” as defined in Section 3(3) of ERISA, and all stock purchase, stock option, severance, employment, change-in-control, fringe benefit, bonus, incentive, deferred compensation and other material employee benefit plans, agreements, programs, policies or other arrangements, whether or not subject to ERISA, under which any current or former employee of Seller has any present or future right to benefits, maintained or contributed to by either of Seller or under which either of Seller has any present or future liability.

“Books and Records” of any Person means all files, documents, instruments, papers, books and records relating primarily to the Purchased Assets, including, without limitation, files, blueprints, maps, manuals, plans, specifications, letters from accountants, budgets, pricing guidelines, ledgers, journals, deeds, title policies, Contracts, customer lists, computer files, operating data and plans and environmental studies and plans.

“Business” means the ownership, exploration and exploitation of mineral rights and interests and mining claims located in and around the Coeur d’Alene Mining District, and activities related thereto.

“Business Day” means a day (excluding Saturday and Sunday) on which banks generally are open for the transaction of business in New York City.

“Code” means the Internal Revenue Code of 1986, as amended, and the rules and regulations promulgated thereunder.

“Confirmation Order” means an Order of the Bankruptcy Court in form and substance acceptable to Purchaser in its sole and absolute discretion, confirming Debtor’s Plan.

“Confirmation Date” shall be the date upon which the Bankruptcy Court shall have entered the Confirmation Order.

“Contract” means any binding agreement, arrangement, instrument, lease, license, evidence of indebtedness, mortgage, indenture, security agreement, order or other contract (whether written or oral).

“Cure Amount” shall have the meaning specified in Section 3.1(b).

“Debtor” means Sterling Mining Company.

“Deeds” means the Special Warranty Deeds, in form and substance acceptable to Purchaser in its sole discretion.

“Deposit” shall have the meaning specified in Section 3.1(a).

“Engineers” shall have the meaning specified in Section 6.8(a).

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and the rules and regulations promulgated thereunder.

“Execution Date” shall have the meaning specified in the preamble.

“Final Order” means an Order of any court of competent jurisdiction: (a) as to which the time to appeal, petition for writ of certiorari, or otherwise seek appellate review or to move for reargument, rehearing, or reconsideration has expired and as to which no appeal, petition for writ of certiorari, or other appellate review, or proceedings for reargument, rehearing, or reconsideration shall then be pending; (b) as to which any right to appeal, petition for certiorari, or move for reargument, rehearing, or reconsideration shall have been waived in writing by the party with such right; or (c) in the event that an appeal, writ of certiorari, or other appellate review or reargument, rehearing, or reconsideration thereof has been sought, which shall have been affirmed by the highest court to which such order was appealed, from which writ of certiorari or other appellate review or reargument, rehearing, or reconsideration was sought, and as to which the time to take any further appeal, to petition for writ of certiorari, to otherwise

seek appellate review, and to move for reargument, rehearing, or reconsideration shall have expired.

“First Additional Payment” shall have the meaning specified in Section 3.2(b).

“General Assignment and Xxxx of Sale” means a General Assignment and Xxxx of Sale between SMC and SOP, substantially in the form attached hereto as Exhibit A.

“Governmental or Regulatory Authority” means any court, tribunal, arbitrator, authority, agency, commission, official or other instrumentality of the United States, any foreign country or any domestic or foreign state, county, city or other political subdivision of any of the foregoing.

“Improvements” shall have the meaning specified in Section 2.1(a).

“Intellectual Property” means all patents and patent rights, trademarks and trademark rights, trade names and trade name rights, service marks and service xxxx rights, service names and service name rights, brand names, domain names, inventions, processes, formulae, copyrights and copyright rights, trade dress, business and product names, logos, slogans, trade secrets, industrial models, processes, designs, methodologies, computer programs (including all source codes) and related documentation, technical information, manufacturing, engineering and technical drawings, know-how and all pending applications for and registrations of patents, trademarks, service marks and copyrights.

“Inventory” shall have the meaning specified in Section 2.1(e).

“IRS” means the Internal Revenue Service.

“Laws” means all laws, statutes, rules, regulations, ordinances and other pronouncements having the effect of law, including the common law, of the United States or any foreign country, or any domestic or foreign state, county, city or other political subdivision of any of the foregoing or of any Governmental or Regulatory Authority.

“Leased Real Property” shall have the meaning specified in Section 6.6.

“Liabilities” means any and all Liens, debts, losses, liabilities, claims (including claims as defined by Bankruptcy Code Section 101(5)), indebtedness, obligation, fine, assessment, penalty, judgment, award, loss, claim, demand, damages, expenses, fines, costs, royalties, proceedings, deficiencies, obligations (including those arising out of any legal proceeding, such as any settlement or compromise thereof or judgment or award therein), encumbrances, or interests of any nature, whether known, suspected, unknown, absolute, accrued, matured, contingent, liquidated, fixed or otherwise and whether due or to become due.

“Licenses” means all licenses, permits, certificates of authority, authorizations, approvals, registrations, franchises and similar consents granted or issued by any Governmental or Regulatory Authority.

“Lien” means any mortgage, pledge, deed of trust, assessment, security interest, lease, lien, adverse claim, levy, charge or other encumbrance of any kind, or any conditional sale Contract, title retention Contract or other Contract to give any of the foregoing.

“Litigation Trust” means the Litigation Trust established by Debtor pursuant to the Plan.

“Litigation Trustee” means the Litigation Trustee selected by Debtor pursuant to the Plan.

“Material Adverse Effect” means any change, effect, occurrence or state of facts (or any development that has or is reasonably likely to have any change or effect) that is materially adverse, or would prevent or materially delay the consummation of the transactions contemplated by this Agreement.

“Option Enforcement Litigation” shall have the meaning specified in Section 3.2(a).

“Option Enforcement Order” shall have the meaning specified in Section 3.2(b).

“Order” means any writ, judgment, decree, injunction or similar order of any arbitrator or any Governmental or Regulatory Authority (in each such case whether temporary, preliminary or final).

“Party” and “Parties” shall mean, either individually or collectively, as appropriate, SMC and SOP.

“Plan” means the Debtor’s Second Amended Plan of Reorganization dated March 15, 2010, and filed as docket entry 535; as it may be amended from time to time.

“Permit” means any license, permit, franchise, certificate of authority or order, or any extension, modification, amendment or waiver of the foregoing, issued by any Governmental or Regulatory Authority.

“Person” means an individual, partnership, corporation, unincorporated organization, joint stock company, limited liability company, trust or joint venture, or Governmental or Regulatory Authority.

“Purchased Assets” shall have the meaning specified in Section 2.1.

“Purchaser” shall have the meaning specified in the preamble.

“Real Property” shall have the meaning specified in Section 2.1(a).

“Real Property Leases” shall have the meaning specified in Section 2.1(b).

“Related Agreements” means, collectively, the General Assignment and Xxxx of Sale, and the Deeds.

“Reorganized Stock” shall have the meaning set forth in the Stock Purchase Agreement.

“Reserve Report” shall have the meaning specified in Section 6.8(a).

“Sale Order” shall be an order or orders of the Bankruptcy Court in form and substance acceptable to Purchaser in its sole and absolute discretion. Without limiting the generality of the foregoing, such order shall find and provide, among other things, that (i) transfers of the Purchased Assets (A) will be legal, valid, and effective transfers of the Purchased Assets; (B) will vest Purchaser with all right, title and interest of Seller in and to the Purchased Assets, free and clear of all Liabilities, such Liabilities to attach to the Asset Purchase Price pursuant to 11 U.S.C. § 363(b); and (C) constitute transfers for reasonably equivalent value and fair consideration under the Bankruptcy Code and under applicable state law; (ii) this Agreement was negotiated, proposed and entered into by the Parties without collusion, in good faith and from arm’s length bargaining positions; (iii) that Seller has complied with the notice requirements of Rules 2002, 6004, 6006 and 9014 of the Federal Rules of Bankruptcy Procedure and any applicable rules of the Bankruptcy Court with respect to the transactions contemplated by this Agreement and by all other agreements, documents, and instruments contemplated in connection with this Agreement; (iv) the Bankruptcy Court shall retain jurisdiction to resolve any controversy or claim arising out of or relating to this Agreement, or the breach hereof as provided in Section 11.10(b) hereof; and (v) that Seller has satisfied all of the requirements of, and is authorized pursuant to, Section 363(b) of the Bankruptcy Code to enter into this Agreement and to consummate the transactions contemplated hereby; and (vi) this Agreement and the transactions contemplated hereby may be specifically enforced against and binding upon, and are not subject to rejection or avoidance by, Seller or any plan trustee, or chapter 11 trustee of Seller.

“Second Additional Payment” shall have the meaning specified in Section 3.2(c).

“Seller” shall have the meaning specified in the preamble.

“SPMI” means Sunshine Precious Metals, Inc., a Delaware corporation.

“SPMI Lease” means that certain Mining Lease and Agreement between SPMI and Seller, dated June 6, 2003, as amended.

“Stock Purchase Agreement” shall have the meaning specified in the Recitals.

“Stock Purchase Price” shall have the meaning specified in the Stock Purchase Agreement.

“Tax Assessment” shall have the meaning specified in Section 8.5(a).

“Tax Returns” means all returns, reports, statements and forms with respect to Taxes, including any schedule, attachment or amendment thereto.

“Taxes” means any and all federal, state, local or foreign taxes, fees, levies, duties, tariffs, import and other charges, imposed by any taxing authority, together with any

related interest, penalties, or other additions to tax, or additional amounts imposed by any taxing authority, and without limiting the generality of the foregoing, shall include net income, alternative or add-on minimum tax, gross income, gross receipts, sales, use, ad valorem, value added, franchise, profits, license, transfer, recording, escheat, withholding, payroll, employment, excise, severance, stamp, occupation, premium, property, windfall profit, environmental, custom duty, or other tax, governmental fee or other like assessment or charge of any kind whatsoever and includes Taxes of another person that are imposed on or payable by a company under Treasury Regulations Section 1.1502-6 or as a result of any tax sharing, tax allocation, tax indemnification or other similar agreement or as a result of a company being a transferee or successor to another person.

“Title Commitments” means, for each of real properties listed in Schedule 2.1(a), a commitment for an owner’s title insurance policy, and for properties listed in Schedule 2.1(b), a commitment for a leasehold insurance policy, provided by Chicago Title Insurance Company to Purchaser in form and substance acceptable to Purchaser, together with such affidavits or other instruments as Purchaser or Chicago Title Insurance Company may require or reasonably request to delete certain standard exceptions.

“Transferred Personal Property” has the meaning set forth in Section 2.1(c).

Section 1.2. Interpretation. For the purposes hereof, (i) words in the singular shall be held to include the plural and vice versa and words of one gender shall be held to include the other gender or to be gender neutral as the context requires; (ii) the terms “hereof,” “herein,” and “herewith” and words of similar import shall, unless otherwise stated, be construed to refer to this Agreement as a whole (including all of the Schedules and Exhibits hereto) and not to any particular provision of this Agreement, and Article, Section, Schedule, and Exhibit references are to the Articles, Sections, Schedules, and Exhibits to this Agreement unless otherwise specified; (iii) the word “including” and words of similar import when used in this Agreement shall mean “including without limitation” unless otherwise specified; (iv) the phrase “ordinary course of business” or “normal course” or any similar phrase shall mean “ordinary course of business consistent with past practice” unless otherwise specified; and (v) all references to any period of days shall be deemed to be to the relevant number of calendar days unless otherwise specified.

ARTICLE II

SALE OF ASSETS; SALE OF STOCK; CLOSING

Section 2.1. Purchase and Sale of Purchased Assets.

Upon the terms and subject to the exclusions, limitations, and conditions hereinafter set forth (including without limitation Section 2.2), at the Asset Purchase Closing, Seller shall sell, assign, transfer, convey and deliver to Purchaser, and Purchaser shall purchase and accept from Seller, free and clear of all Liabilities, all of Seller’s right, title and interest in the Assets and Properties of Seller, as the same shall exist on the Asset Purchase Closing Date (collectively, the “Purchased Assets”). Without limiting the generality of the foregoing, the Purchased Assets shall include all of Seller’s rights, interests in and to the following:

(a) the real property described in Schedule 2.1(a), and all of the rights arising out of the ownership thereof or appurtenant thereto (the “Real Property”), together with all buildings, structures, facilities, fixtures and other improvements thereto (the “Improvements”);

(b) the leases of real property described in Schedule 2.1(b) as to which Seller is the lessee, and all of Seller’s right, title and interests therein, including all mineral rights and interests and purchase options (including, without limitation, the purchase option set forth in Section 20.3 of the SPMI Lease), (the “Real Property Leases”);

(c) all tangible personal property owned or leased as of the Confirmation Date by Seller, including without limitation, the tangible personal property listed in Schedule 2.1(c), (the “Transferred Personal Property”);

(d) all Intellectual Property owned by Seller or developed by or for the benefit of Seller;

(e) all inventories, office and other supplies, parts, packaging materials and other accessories related thereto which are held at the locations at which the Business is conducted that are used or held by Seller in the conduct of the Business, including any of the foregoing purchased subject to any conditional sale or title retention agreement in favor of any other Person, together with all rights of Seller against suppliers of such inventories (the “Inventory”);

(f) originals or copies of all Books and Records;

(g) subject to Section 2.2(d), all rights, claims or causes of action of Seller against third parties, relating to assets, properties, business or operations of Seller arising out of events occurring prior to the Asset Purchase Closing Date, including insurance proceeds arising therefrom;

(h) all accounts receivable of Seller;

(i) the securities accounts and securities listed on Schedule 2.1(h);

(j) all of Seller’s right in and under all Contracts, including the Contracts listed in Schedule 2.1(j);

(k) to the extent transferable, and subject to any required consents, all Permits relating to the Business and all water rights owned by Seller; and

(1) all other Assets and Properties of Seller except as otherwise provided in Section 2.2.

Section 2.2. Excluded Assets. Notwithstanding anything to the contrary in Section 2.1, the following assets, records, rights and properties of Seller are specifically excluded from the Purchased Assets and shall be retained by Seller or transferred to the Litigation Trust pursuant to the Sale Order and/or Confirmation Order, as applicable (collectively, the “Excluded Assets”):

(a) the Asset Purchase Price and the Seller’s rights under this Agreement;

(b) all cash, cash equivalents, bank deposits or similar cash items of Seller;

(d) any causes of action arising under chapter 5 of title 11 of the United States Code.

Section 2.3. Assumed Liabilities. On the Asset Purchase Closing Date, in connection with the sale, assignment, transfer, conveyance, and delivery of the Purchased Assets pursuant to this Agreement, on the terms and subject to the conditions set forth in this Agreement, Purchaser shall assume and be liable for, and hereby agree to pay, perform and discharge when due, the following liabilities and obligations of Seller arising in connection with the operation of the Business, as the same shall exist on the Asset Purchase Closing Date (collectively, the “Assumed Liabilities”), and no others:

(a) all obligations of Seller arising under the Real Property Leases arising and to be performed on or after the Asset Purchase Closing Date, and excluding any such obligations arising and to be performed prior to the Asset Purchase Closing Date; and

(b) all obligations of Seller arising under the Contracts listed on Schedule 2.1(j) arising and to be performed on or after the Asset Purchase Closing Date, and excluding any such obligations arising and to be performed prior to the Asset Purchase Closing Date.

Section 2.4. Excluded Liabilities. Except for the liabilities and obligations specifically assumed pursuant to and identified in Section 2.3, by this Agreement, Purchaser shall not assume, shall not take Purchased Assets subject to, and shall not be liable for, any Liabilities of Seller (collectively, the “Excluded Liabilities”). Without limiting the generality of the foregoing, Excluded Liabilities shall include, without limitation:

(a) all liabilities arising out of or relating to the Excluded Assets;

(b) all liabilities for Taxes (i) imposed on Seller or the Purchased Assets with respect to taxable periods, or portions thereof, ending on or before the Asset Purchase Closing Date; and (ii) resulting from, relating to or arising out of or otherwise in connection with the sale of the Purchased Assets pursuant to this Agreement;

(c) any and all liabilities related to current or former employees, directors or officers of Seller or any Benefit Plan of Seller.

ARTICLE III

PURCHASE PRICE

Section 3.1. Purchase Price.

(a) Subject to the terms and conditions of this Agreement, the aggregate purchase price for the Purchased Assets (the “Asset Purchase Price”) shall be Twenty Three Million Five Hundred Thousand U.S. Dollars ($23,500,000.00). The Purchaser previously delivered an initial deposit in the amount of $1,250,000.00 (the “Deposit”) to Debtor. At the Asset Purchase Closing, (a) the Deposit shall be retained by the Seller or the Litigation Trustee, as the case may be, and applied to the Asset Purchase Price; (b) Purchaser shall pay the excess of (x) the Asset Purchase Price over (y) the sum of the Deposit and the Cure Amount by wire transfer of immediately available funds in U.S. Dollars to an account designated by the Debtor, or if the Litigation Trustee has been designated pursuant to the confirmed Plan, to an account designated by the Litigation Trustee.

(b) To the extent that, prior to the Asset Purchase Closing, Seller has not cured any monetary default under any Real Property Lease, including, without limitation those monetary defaults set forth on Schedule 6.7, Purchaser shall have the option, but not the obligation, to pay such amounts directly to the applicable creditor at the Asset Purchase Closing. The aggregate amount of such payments made by the Purchaser is referred to herein as the “Cure Amount.”

(c) Section 9.1 shall govern the allocation of the Asset Purchase Price and the treatment of such allocation by Seller and Purchaser solely for tax purposes.

Section 3.2. Additional Payments.

(a) As soon as practicable after the Asset Purchase Closing Date, Purchaser intends to deliver notice to SPMI pursuant to Section 20.3 of the SPMI Lease, notifying SPMI of Purchaser’s intent to exercise the purchase option. In the event that SPMI fails to timely perform all of its obligations following delivery of such notice, the Parties to this Agreement recognize that litigation between Purchaser and SPMI may ensue regarding the rights and obligations imposed by the SPMI Lease (“Option Enforcement Litigation”).

(b) In the event that (i) the Option Enforcement Litigation is heard by the Bankruptcy Court and (ii) the Bankruptcy Court enters a Final Order determining the rights and obligations of the parties under the SPMI Lease (the “Option Enforcement Order”), then Purchaser shall promptly pay Seller or Litigation Trustee, as the case may be, an additional sum of $500,000.00 (the “First Additional Payment”). For avoidance of doubt, delivery of the First Additional Payment shall not be conditioned upon entry of an Option Enforcement Order that is favorable to Purchaser.

(c) In the event that SPMI transfers fee title to the “Property” (as such term is defined in the SPMI Lease) to Purchaser on or before December 31, 2010 pursuant to the Option Enforcement Order entered by the Bankruptcy Court, then Purchaser shall promptly pay Seller or

Litigation Trustee, as the case may be, an additional sum of $500,000.00 (the “Second Additional Payment”).

ARTICLE IV

CLOSING; CLOSING DELIVERIES

Section 4.1. Closing.

(a) The closing of the transactions contemplated by this Agreement (the “Asset Purchase Closing”) shall take place at the offices of Xxxxxxxxx Xxxxxxxx Xxxxxxxx Marks & Xxxxxxx, Chtd., 0000 Xxxxxxxxx Xxxxxx Xxxxx, Xxxxx X, Xxxxx x’Xxxxx, Xxxxx at 9:00 a.m. Pacific Daylight Time (12:00 p.m. Eastern Daylight Time) on the second Business Day after the conditions set forth in Article V have been satisfied or waived (other than those conditions that by their nature are to be satisfied, or waived by Purchaser, at the Asset Purchase Closing, but subject to the satisfaction or waiver of those conditions), or at such other place, date, and time mutually agreed upon in writing by the parties (the “Asset Purchase Closing Date”).

Section 4.2. Deliveries by Seller at Closing. At the Asset Purchase Closing, Seller shall deliver, or shall cause to be delivered, to Purchaser, the following:

(a) the Deeds, duly executed by Seller in recordable form;

(b) the General Assignment and Xxxx of Sale, duly executed by Seller; and

(c) such other certificates, instruments, and documents evidencing the consummation of the transactions contemplated hereby, as Purchaser may reasonably request to carry out the intent and purposes of this Agreement.

Section 4.3. Deliveries by Purchaser at Closing. At the Asset Purchase Closing, Purchaser shall deliver to the Seller or Litigation Trust, as applicable, the following:

(a) the excess of (i) the Asset Purchase Price over (ii) the sum of the Deposit and the Cure Amount, by wire transfer of immediately available funds in accordance with Section 3.1(a) to one or more account(s) designated in writing by Seller or the Litigation Trust, as applicable;

(b) the General Assignment and Xxxx of Sale, duly executed by Purchaser;

(c) such other certificates, instruments, and documents evidencing the consummation of the transactions contemplated hereby, as Seller may reasonably request to carry out the intent and purposes of this Agreement.

ARTICLE V

CONDITIONS TO CLOSING

Section 5.1. Conditions to Obligations of Each Party. The respective obligations of Seller and Purchaser to consummate the transactions contemplated by the Agreement are subject to the fulfillment, on or prior to the Asset Purchase Closing Date, of each of the following conditions:

(a) The Bankruptcy Court shall have approved and entered the Sale Order and the Sale Order shall not have been reversed, stayed, modified, amended, revoked or remanded;

(b) No Order issued by any court of competent jurisdiction restraining, enjoining or otherwise prohibiting the consummation of the transactions contemplated hereby shall be in effect; and

Section 5.2. Conditions to Obligations of the Purchaser. The obligation of the Purchaser to consummate the transactions contemplated by this Agreement is subject to the fulfillment, on or prior to the Asset Purchase Closing Date, of each of the following conditions (any or all of which may be waived by Purchaser in whole or in part to the extent permitted by applicable Laws).

(a) Each representation and warranty of Seller contained in this Agreement shall be true and correct in all material respects as of the Asset Purchase Closing Date with the same effect as though made on the Asset Purchase Closing Date.

(b) Seller shall have delivered, or caused to be delivered, to Purchaser all of the items set forth in Section 4.2;

(d) Purchaser shall have received the Title Commitments in form and substance reasonably satisfactory to Purchaser;

(e) No event shall have occurred or circumstance shall exist which would make it impossible or impracticable to satisfy one or more of the conditions of this Agreement;

(f) Seller shall have observed and performed its covenants in this Agreement in all material respects to the extent that such covenants were to have been observed or performed by Seller at or prior to the Asset Purchase Closing Date;

(g) There shall not have been any events, occurrences or developments during the period commencing on the date of this Agreement and ending on the Asset Purchase Closing

Date that, individually or in the aggregate, have resulted in or would reasonably be expected to result in a Material Adverse Effect on the Purchased Assets; and

(h) the Sunshine Mine and infrastructure has not flooded to or above the 3,300 foot level at any time during the period from April 1, 2010 to the Asset Purchase Closing Date.

Section 5.3. Conditions to Obligations of the Seller. The obligation of the Seller to consummate the transactions contemplated by this Agreement is subject to the fulfillment, on or prior to the Asset Purchase Closing Date, of each of the following conditions (any or all of which may be waived by Seller in whole or in part to the extent permitted by applicable Laws).

(a) Each representation and warranty of Purchaser contained in this Agreement shall be true and correct in all material respects as of the Asset Purchase Closing Date with the same effect as though made on the Asset Purchase Closing Date; and

(b) Purchaser shall have delivered, or caused to be delivered, to Seller or the Litigation Trust, as applicable, all of the items set forth in Section 4.3.

ARTICLE VI

REPRESENTATIONS AND WARRANTIES OF SELLER

Seller hereby represents and warrants to Purchaser that the statements contained in this Article VI are true and correct as of the Asset Purchase Closing Date:

Section 6.1. Authorization. Subject to approval by the Bankruptcy Court, Seller has full power, capacity and authority to enter into, execute and deliver this Agreement and the Related Agreements, and has all the necessary power and authority to perform its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. This Agreement and each of the other Related Agreements is (or upon its execution by such Seller will be) a legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms.

Section 6.2. Organization and Qualification. Seller is a corporation duly organized and validly existing and in good standing under the laws of Idaho and has full corporate power and authority to own, lease or operate the Purchased Assets and to carry on its Business as it is now being conducted. Seller is duly qualified, licensed or admitted to do business and is in good standing in Idaho, which is the only jurisdiction in which the ownership, use, leasing or operation of the Purchased Assets, or the conduct or nature of the Business, makes such qualification, licensing or admission necessary, except for those jurisdictions in which the adverse effects of all such failures by SMC to be qualified, licensed or admitted and in good standing can, in the aggregate, be eliminated without material cost, expense or penalty.

Section 6.3. Conflicting Agreements and Operating Agreement Provisions. None of (a) the execution and delivery of this Agreement or any of the Related Agreements to which Seller is a party, (b) the fulfillment of or compliance with the terms and provisions hereof

or thereof or (c) the consummation of any of the transactions contemplated hereby or thereby, will:

(i) conflict with or result in a breach or violation of the terms, conditions or provisions of, or give rise to a right of termination under, or constitute a default under, or result in the loss of any right or benefit under, result in any repurchase or redemption obligation or acceleration of any amounts due under, or result in any violation of (in each case with or without giving of notice or the passage of time or both) the articles of incorporation or bylaws of Seller, or any Contract to which Seller or any of the Purchased Assets is subject; or

(ii) conflict with or result in a violation or breach of any term or provision of any License, Order or applicable Law to which Seller or any of the Purchased Assets is subject (other than as would result from the identity or legal or regulatory status of Purchaser).

Section 6.4. Consents. Other than the Sale Order, no consent, waiver, approval, order, permit or authorization of, or declaration or filing with, or notification to, any Person or Governmental Authority is required on the part of Seller in connection with the execution and delivery of this Agreement or the Related Agreements, the compliance by Seller with any of the provisions hereof or thereof, the consummation of the transactions contemplated hereby or the taking by Seller of any other action contemplated hereby, except for consents that are deemed to have been satisfied by the entry of the Sale Order.

Section 6.5. Title to Purchased Assets. Other than the Leased Real Property, Seller owns each of the Purchased Assets, and pursuant to the Sale Order, Purchaser will be vested with good and marketable title to such Purchased Assets, free and clear of all Liabilities.

Section 6.6. Real Property. Schedule 6.6 lists and describes all real property leased or subleased to Seller (the “Leased Real Property”). Seller has made available to Purchaser true, correct and complete copies of the leases listed in Schedule 2.1(b).

Section 6.7. Cure of Monetary Defaults. Set forth in Schedule 6.7 is a complete list of all monetary defaults under the Real Property Leases, as such amounts exist as of the date of this Agreement.

Section 6.8. Reserve Report.

(a) With respect to the Leased Real Property and the Real Property, since the effective date of the Seller’s independent engineering report prepared by Xxxxx Xxxxxxx & Company, Inc. (the “Engineers”) and effective April 16, 2007 (the “Reserve Report”), as provided by the Seller to the Purchaser, there has been no change in circumstance which would cause a Material Adverse Effect to the mineral reserves of the Real Property or Leased Real Property that are the subject of the Reserve Report as described therein, except as may have occurred through normal production or otherwise as a result of transactions (including dispositions) in the ordinary course of business. All information provided by the Seller to the Engineers to assist the Engineers in the preparation of the Reserve Report was, to the knowledge of the Seller, as of the time of delivery to the Engineers, and as of the effective dates of the

Reserve Report, accurate or the best estimate of such information. The Seller provided to the Engineers all information and documents requested by the Engineers and the Seller did not knowingly withhold and is not otherwise aware of any information which, if provided to the Engineers, would have a material impact on the Reserve Report. To the knowledge of the Seller, other than as disclosed in Schedule 6.8(a), the Seller has not done any act or thing whereby any of the mineral rights for which the Engineers have ascribed value in the Reserve Report, may be cancelled or terminated and such mineral rights are free and clear of all encumbrances and royalty burdens, other than those taken into account by the Engineers in the aforesaid Reserve Report, created by, through or under the Seller and, except as disclosed in the aforesaid Reserve Report, none of the mineral rights are subject to reduction except for those created in the ordinary course of business and which are not individually or in the aggregate material to the Seller.

(b) All information provided by the Seller to the Purchaser to assist the Purchaser in the review of the unengineered mineral properties currently owned by the Seller was to the knowledge of the Seller, at the time of the delivery of such information to the Purchaser, complete and accurate in all material respects or the best estimate of such information. The Seller delivered to Purchaser all information and documents requested, and the Seller did not knowingly withhold, and is not otherwise aware of, any information that, if provided to the Purchaser, would have a Material Adverse Effect on the unengineered mineral properties currently owned by the Seller.

Section 6.9. No Implied or Other Representation of Warranty. EXCEPT AS OTHERWISE EXPRESSLY SET FORTH HEREIN, IT IS THE EXPLICIT INTENT OF EACH PARTY HERETO THAT SELLER IS NOT MAKING ANY REPRESENTATION OR WARRANTY WHATSOEVER, EXPRESS OR IMPLIED, BEYOND THOSE EXPRESSLY GIVEN IN THIS AGREEMENT, INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTY OR REPRESENTATION AS TO CONDITION, MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE AS TO ANY OF THE PURCHASED ASSETS, AND IT IS UNDERSTOOD THAT EXCEPT AS EXPRESSLY STATED IN THIS AGREEMENT, PURCHASER TAKES ALL OF SUCH PROPERTIES AND ASSETS ON AN “AS IS” AND “WHERE IS” BASIS.

ARTICLE VII

REPRESENTATIONS AND WARRANTIES

OF PURCHASER

Purchaser hereby represents and warrants to Seller that the statements contained in this Article VII are true and correct as of the Asset Purchase Closing Date:

Section 7.1. Authorization; Noncontravention. Purchaser has full power, capacity and authority to enter into, execute and deliver this Agreement and the Related Agreements, and has all the necessary power and authority to perform its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. This Agreement and each of the other Related Agreements is (or upon its execution by Purchaser will be) a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with its terms, except as may be limited by applicable bankruptcy, reorganization,

insolvency, moratorium and other similar Laws and equitable principles relating to or limiting creditors’ rights generally.

Section 7.2. Organization and Qualification.

SOP is a limited liability company duly organized and validly existing and in good standing under the laws of the State of Delaware and has full limited liability company power and authority to own property and to carry on its business as it is now being conducted. SOP is duly qualified, licensed or admitted to do business and is in good standing in every jurisdiction in which the nature of the respective business conducted or property owned by it makes such qualification necessary, except for those jurisdictions in which the adverse effects of all such failures by SOP to be qualified, licensed or admitted and in good standing can, in the aggregate, be eliminated without material cost, expense or penalty.

Section 7.3. Conflicting Agreements and Operating Agreement Provisions. None of (a) the execution and delivery of this Agreement or any of the Related Agreements to which it is a party, (b) the fulfillment of or compliance with the terms and provisions hereof or thereof or (c) the consummation of any of the transactions contemplated hereby or thereby, will:

(i) conflict with or result in a breach of the terms, conditions or provisions of, or give rise to a right of termination under, or constitute a default under, or result in the loss of any right or benefit under, result in any repurchase or redemption obligation or acceleration of any amounts due under, or result in any violation of (in each case with or without giving of notice or the passage of time or both) the certificate of formation or limited liability company agreement of Purchaser, or any Contract to which Purchaser is subject; or

(ii) conflict with or result in a violation or breach of any term or provision of any License, Order or applicable Law to which Purchaser is subject (other than as would result from the identity or legal or regulatory status of Seller).

Section 7.4. Consents. Other than the Sale Order, no consent, waiver, approval, order, permit or authorization of, or declaration or filing with, or notification to, any Person or Governmental Authority is required on the part of Purchaser in connection with the execution and delivery of this Agreement or the Related Agreements, the compliance by Purchaser with any of the provisions hereof or thereof, the consummation of the transactions contemplated hereby or the taking by Purchaser of any other action contemplated hereby, except for consents that are deemed to have been satisfied by the entry of the Sale Order.

ARTICLE VIII

COVENANTS

Section 8.1. Further Assurances; Books and Records.

(a) From time to time after the Execution Date, (i) Seller shall execute and deliver to Purchaser such other documents and instruments, provide such materials and information and take such other actions as Purchaser may reasonably request to more effectively

transfer title to the Purchased Assets in accordance with Law and, to the full extent permitted by Law, to transfer to Purchaser actual possession and operating control of the Purchased Assets and Books and Records, and otherwise to cause Seller to fulfill its obligations under this Agreement and the Related Agreements; and (ii) Purchaser shall execute and deliver to Seller such other documents and instruments, provide such materials and information and take such other actions as Seller may reasonably request to more effectively transfer title to the Purchased Assets in accordance with Law and, to the full extent permitted by Law, to cause Purchaser to accept delivery of actual possession and operating control of the Purchased Assets and Books and Records, and otherwise to cause Purchaser to fulfill its obligations under this Agreement and the Related Agreements.

(b) Notwithstanding anything to the contrary contained in this Article VIII, if the Parties are in an adversarial relationship in any litigation or arbitration, the furnishing of information, documents or records in accordance with any provision of this Section shall be subject to applicable rules relating to discovery.

Section 8.2. Cure of Monetary Defaults. At or prior to the Asset Purchase Closing, Seller shall cure all monetary defaults under the Real Property Leases, including without limitation, the monetary defaults listed on Schedule 6.7; provided, however, that if Seller has not cured any monetary default under the Real Property Leases prior to the Asset Purchase Closing, Purchaser’s sole remedy with respect to such failure shall be to pay such Cure Amount and reduce such payment from the Asset Purchase Price as provided in Section 3.1(a).

Section 8.3. Stock of Seller.

(a) As soon as practicable on or after the date hereof, Seller shall execute and deliver to Purchaser the Stock Purchase Agreement. Seller covenants and agrees not to seek to amend, cancel, rescind or revoke the Stock Purchase Agreement, or to sell or enter into any discussions with any other Person regarding the sale of, the Reorganized Stock to any Person other than Purchaser.

(b) Seller shall exercise best efforts to cause the Bankruptcy Court to approve the sale of the Reorganized Stock to Purchaser on the terms and conditions set forth in the Stock Purchase Agreement.

Section 8.4. Ordinary Course of Business. From the Execution Date until the Asset Purchase Closing Date, Seller shall conduct its operations in the ordinary and normal course of business and consistent with past practice and in accordance with applicable laws, and shall maintain and preserve its business organization, assets, and advantageous government relationships.

Section 8.5. Notifications. From the Execution Date until the Asset Purchase Closing Date, Seller shall:

(a) within two Business Days of receipt of any written audit inquiry, assessment, reassessment, confirmation, or variation of an assessment, indication that a

reassessment is being considered, request for filing of a waiver or extension of time of any notice in writing relating to taxes, interest, penalties, or losses (a “Tax Assessment”), deliver to the Purchaser a copy thereof together with a statement setting out, to the extent then determinable, an estimate of the obligations, if any, of Seller on the assumption that such Tax Assessment is valid and binding.

(b) as soon as reasonably practical notify Purchaser of any events, occurrences or developments that, individually or in the aggregate, have resulted in or would reasonably be expected to result in a Material Adverse Effect on the Purchased Assets.

Section 8.6. Insurance. From the Execution Date until the Asset Purchase Closing Date, Seller shall use reasonable commercial efforts to cause its current insurance (or reinsurance) policies not to be cancelled or terminated or any of the coverage thereunder to lapse.

Section 8.7. Press Releases; Publicity. Seller shall not issue any press release or initiate any publicity related to this Agreement, the Stock Purchase Agreement or the transactions contemplated hereby or thereby, without the prior written consent of Purchaser.

Section 8.8. Use of Proceeds. At the Asset Purchase Closing, Seller shall first apply the Asset Purchase Price, including the Deposit, to the satisfaction and payment in full of holders of all claims against Seller which are secured against the Purchased Assets.

ARTICLE IX TAX MATTERS.

Section 9.1. Purchase Price Allocation.

(a) Within 180 days after the Asset Purchase Closing Date, Purchaser will provide to Seller copies of IRS Form 8594 and any required exhibits thereto, prepared in accordance with Section 1060 of the Code (the “Allocation Statement”), with SOP’s allocation of the Asset Purchase Price (including any Assumed Liabilities attributable to the Purchased Assets that are treated as part of the purchase price for tax purposes) among the Purchased Assets.

(b) On all Tax Returns, Seller and Purchaser shall report the allocation of the total consideration among the Purchased Assets in a manner consistent with the Allocation Statements. Seller and Purchaser further agree (i) to not assert in connection with any Tax Return, Tax audit or similar proceeding, any allocation that differs from that set forth in the Allocation Statement, except as required pursuant to applicable Law, (ii) to promptly provide one another with any additional information and reasonable assistance required to complete IRS Form 8594 or to compute taxes arising in connection with (or otherwise affected by) the transactions contemplated hereunder, (iii) to notify one another if the IRS or any other Tax authority proposes a reallocation of the Asset Purchase Price, and (iv) that any subsequent allocation necessary as a result of an adjustment to the consideration to be paid hereunder shall be made, to the extent reasonably possible, in a manner consistent with the Allocation Statement.

ARTICLE X

TERMINATION

Section 10.1. Termination. This Agreement may be terminated at any time prior to the Asset Purchase Closing by:

(a) the mutual written consent of the Seller and the Purchaser;

(b) Purchaser, if the Asset Purchase Closing has not occurred by the close of business on August 3, 2010; provided, that such right to terminate shall not be available to any Party whose breach of this Agreement has been a reason for such failure to close;

(c) either the Seller or the Purchaser, if the other Party shall have breached or failed to perform in any material respect any of its respective representations, warranties, covenants or other agreements contained in this Agreement, which breach or failure to perform (i) would give rise to the failure of a condition set forth in Section 5.1(a) or 5.2(a), as applicable; and (ii) cannot be or has not been cured within ten (10) days after the giving of written notice to such breaching Party, as applicable;

(d) either the Seller or the Purchaser in the event that any Final Order permanently restraining, enjoining or otherwise prohibiting or making illegal the consummation of the transactions contemplated hereby, upon notification of the non-terminating Party by the terminating Party;

(e) Purchaser, at any time after the close of the auction on the date hereof, if the Debtor did not select this Agreement and the Stock Purchase Agreement as the winning bid or backup bid at such auction;

(f) Purchaser, if at any time the Bankruptcy Court enters an Order authorizing the sale to any Person other than Purchaser of (i) all or substantially all of the Purchased Assets, or (ii) all or substantially all of the stock of the Debtor or Reorganized Debtor, as the case may be; or

(g) Purchaser, at any time after 5:00 p.m. local time in Coeur d’Alene, Idaho on May 7, 2010, if prior to such time, the Bankruptcy Court did not approve this Agreement and the Stock Purchase Agreement as the winning bid.

Section 10.2. Procedure and Effect of Termination. In the event of termination of this Agreement by either or both of the Seller or the Purchaser pursuant to Section 10.1, written notice thereof shall forthwith be given by the Purchaser or the Seller, as the case may be, to the other Party, and this Agreement shall thereupon terminate and become void and have no effect, and the transactions contemplated hereby shall be abandoned without further action by the Parties hereto; provided, however, that such termination shall not relieve any Party hereto of any liability for any breach of this Agreement, which breach, to the extent capable of being cured, was not cured within ten (10) Business Days following written notice from the other Party specifying the nature of such breach in reasonable detail.

Section 10.3. Return of Deposit Upon Termination. Seller shall return all of the Deposit to an account designated by Purchaser, without deduction or setoff, promptly after termination of this Agreement pursuant to Section 10.1.

ARTICLE XI

MISCELLANEOUS

Section 11.1. Severability. If any provision of this Agreement or the Stock Purchase Agreement is held to be illegal, invalid or unenforceable under any present or future Law, and if the rights or obligations of any Party under this Agreement will not be materially and adversely affected thereby, (i) such provision will be fully severable; (ii) this Agreement and the Stock Purchase Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof and thereof; (iii) the remaining provisions of this Agreement and the Stock Purchase Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom or therefrom; and (iv) in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms to such illegal, invalid or unenforceable provision as may be possible.

Section 11.2. Specific Enforcement. It is acknowledged and agreed by the Parties that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the Parties shall be entitled to an injunction or injunctions to prevent breaches of the provisions of this Agreement and to enforce specifically the terms and provisions hereof before any court or tribunal of competent jurisdiction, this being in addition to any other remedy to which they may be entitled at Law or equity.

Section 11.3. Entire Agreement. This Agreement, the Related Agreements and the Stock Purchase Agreement (together with the documents attached as exhibits hereto and any documents or agreements specifically contemplated hereby) supersede all prior discussions and agreements among any of the Parties (and their Affiliates) with respect to the subject matter hereof and contain the entire understanding of the Parties with respect to the subject matter hereof and thereof.

Section 11.4. Counterparts. This Agreement may be executed in one or more counterparts, all of which shall be considered one and the same agreement, and shall be effective when one or more of the counterparts have been signed by each Party and delivered to the other Parties or their representatives, it being understood that all parties need not sign the same counterpart.

Section 11.5. Notices, Requests and Other Communications. All notices, requests and other communications hereunder must be in writing and will be deemed to have been duly given only if delivered personally or by facsimile transmission or mailed (first class postage prepaid) to the Parties at the following addresses or facsimile numbers:

If Purchaser:

Silver Opportunity Partners LLC

0000 Xxxxxx xx xxx Xxxxxxxx, 00xx Xxxxx

Xxx Xxxx, XX 00000

Telephone No.: 000.000.0000

Facsimile No.: 646.365.1637

Attn: Xxxxxx Xxxxxxx

With a copy to (which shall not constitute notice):

Xxxxx Xxxxx L.L.P.

The Warner

0000 Xxxxxxxxxxxx Xxx., XX

Xxxxxxxxxx, XX 00000-0000

Telephone No.: (000) 000-0000

Facsimile No.: (000) 000-0000

Attn: Xxxxx X. Xxxxx XX

If to Seller:

Sterling Mining Company

0000 Xxxxx Xxxxxxxxxx Xxx, Xxxxx X

Xxxxx X’Xxxxx, Xxxxx 00000

Telephone No.:

Facsimile No.: 208.676.1629

Attn:

With a copy (which shall not constitute notice to):

Xxxxxxxxx Xxxxxxxx Xxxxxxxx Marks & Xxxxxxx, Chtd.

0000 Xxxxxxxxx Xxxxxx Xxxxx

Coeur d’Xxxxx, XX 00000

Telephone No.: (000) 000-0000

Facsimile No.: (000) 000-0000

Attn: Xxxxx X. Xxxxxxxx

or to such other address as any Party may, from time to time, designate in a written notice given in a like manner.

Section 11.6. Amendments. This Agreement can be amended, supplemented or changed, and any provision hereof can be waived, only by written instrument making specific reference to this Agreement signed by the Party against whom enforcement of any such amendment, supplement, modification or waiver is sought.

Section 11.7. No Third Party Beneficiary. The terms and provisions of this Agreement are intended solely for the benefit of each Party and their respective successors or permitted assigns, and it is not the intention of the parties to confer third-party beneficiary rights upon any other Person.

Section 11.8. Successors and Assigns. All covenants and agreements contained herein shall bind and inure to the benefit of the parties hereto and their respective successors and permitted assigns

Section 11.9. Assignment. Neither party may assign, delegate or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the other Party.

Section 11.10. Governing Law; Choice of Forum.

(a) This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of New York (without reference to its choice of law principles).

(b) Without limiting any Party’s right to appeal any order of the Bankruptcy Court, (i) the Bankruptcy Court shall retain exclusive jurisdiction to enforce the terms of this Agreement and to decide any claims or disputes which may arise or result from, or be connected with, this Agreement, any breach or default hereunder, or the transactions contemplated hereby, and (ii) any and all proceedings related to the foregoing shall be filed and maintained only in the Bankruptcy Court, and the Parties hereby consent to and submit to the jurisdiction and venue of the Bankruptcy Court and shall receive notices at such locations as indicated in Section 11.5; hereof. The Parties hereby irrevocably waive, to the fullest extent permitted by applicable law, any objection which they may now or hereafter have to the laying of venue of any such dispute brought in such court or any defense of inconvenient forum for the maintenance of such dispute. Each of the Parties hereto agrees that a judgment in any such dispute may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law.

(c) EACH PARTY TO THIS AGREEMENT WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY ACTION, MATTER, OR PROCEEDING REGARDING THIS AGREEMENT OR ANY PROVISION HEREOF.

Section 11.11. Waivers.

(a) Any Party may (a) extend the time for the performance of any of the obligations or other acts of any other Party; (b) waive any inaccuracies in the representations and warranties of any other Party contained herein or in any document delivered by any other Party pursuant hereto; or (c) waive compliance with any of the agreements of any other Party or conditions to any Party’s obligations contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed by the Party to be bound thereby. Any waiver of any term or condition shall not be construed as a waiver of any subsequent breach or a subsequent waiver of the same term or condition, or a waiver of any other term or condition of

this Agreement. The failure of any Party to assert any of its rights hereunder shall not constitute a waiver of any of such rights.

Section 11.12. Expenses. Except as otherwise specified in this Agreement, all costs and expenses, including, fees and disbursements of counsel and accountants, incurred in connection with this Agreement and the transactions contemplated by this Agreement shall be borne by the Party incurring such costs and expenses.

Section 11.13. Headings. The headings used in this Agreement have been inserted for convenience of reference only and do not define or limit the provisions hereof.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

IN WITNESS WHEREOF, Purchaser and Seller and have caused this Agreement to be duly executed, all as of the date and year first above written.


PURCHASER:

SILVER OPPORTUNITY PARTNERS LLC

By:		/s/ Xxxxxxx X. Xxxxxxxx
		Name: Xxxxxxx X. Xxxxxxxx
		Title: President

SELLER:

STERLING MINING COMPANY

By:		/s/ Xxxxx X. VanVoorkess, President
		Name:
		Title: Sterling Mining Company

[Signature page to Asset Purchase Agreement]

EXHIBIT A

FORM OF

GENERAL ASSIGNMENT AND XXXX OF SALE

THIS GENERAL ASSIGNMENT AND XXXX OF SALE dated as of , 2010 (the “Assignment and Xxxx of Sale”), by and between Silver Opportunity Partners LLC, a limited liability company organized under the laws of Delaware (the “Purchaser”) and Sterling Mining Company, a corporation organized under the laws of Idaho (the “Seller”, and, together with Purchaser, the “Parties”).

WITNESSETH

WHEREAS, Seller and Purchaser entered into the Asset Purchase Agreement, dated as of April 21, 2010 (the “Asset Purchase Agreement”), pursuant to which Seller has agreed to sell, assign, transfer, convey and deliver to Purchaser and Purchaser has agreed to purchase and accept from Seller the Purchased Assets; and

WHEREAS, the Asset Purchase Agreement contemplates the execution and delivery of certain instruments of assignment and xxxx of sale at the Asset Purchase Closing pursuant to Sections 4.2(b) and 4.3(b), and the Parties are executing this Assignment and Xxxx of Sale in connection therewith.

WHEREAS, Seller desires to sell, transfer, convey and assign to Purchaser the assets described below pursuant to Section 2.1 of the Asset Purchase Agreement and Purchaser desires to accept the sale, transfer, conveyance, assignment and delivery thereof;

NOW, THEREFORE, for good and valuable consideration (including the assumption of the Assumed Liabilities), the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

Section 1. Defined Terms. Capitalized terms used and not defined herein have the respective meanings given to such terms in the Purchase Agreement.

Section 2. Assignment. Effective as of 12:01 A.M. on the date hereof, for and in consideration of the mutual covenants contained herein and other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, Seller hereby irrevocably assigns, sells, transfers and sets over (collectively, the “Assignment”) to Purchaser all of Seller’s right, title, benefit, privileges and interest in, to and under the Purchased Assets set forth in Section 2.1(a)-(1) of the Purchase Agreement (collectively, the “Assigned Assets”) as the same shall exist on the date hereof TO HAVE AND TO HOLD the same unto Purchaser, its successors and assigns, forever. Purchaser hereby accepts the Assignment and assumes and agrees to observe and perform all of the duties, obligations, terms, provisions and covenants, and to pay and discharge all of the liabilities of Seller to be observed, performed, paid or discharged from and after the Asset Purchase Closing, in each case in connection with Assigned Assets. Seller does not assign, and Purchaser does not assume, any obligations with respect to the Excluded Assets.

Section 3. Further Actions. Each Party hereby promises to execute and deliver, upon request of the other Party, to such other Party all such additional instruments, transfer, conveyance, assignment, assumption, and other documents which may be reasonably necessary and convenient to accomplish the intent of this Assignment and Xxxx of Sale, and to confirm Purchaser’s title to, all of the Assigned Assets, and to the full extent permitted by Law, to put Purchaser in actual possession and operating control of the Assigned Assets and to assist Purchaser in exercising all rights with respect thereto.

Section 4. Terms of the Purchase Agreement. This Assignment and Xxxx of Sale is executed pursuant to the Purchase Agreement and is entitled to the benefits and subject to the provisions thereof and shall be binding upon and inure to the benefit of the parties thereto and their respective successors and permitted assigns. The scope, nature and extent of the Purchased Assets are expressly set forth in the Purchase Agreement. This Assignment and Xxxx of Sale is not intended to convey any greater or lesser rights to, or place any greater or lesser burden on, any of the parties hereto than are described in or contemplated by the Purchase Agreement, and in the event the terms of this Assignment and Xxxx of Sale conflict with the terms of the Purchase Agreement, the terms of the Purchase Agreement shall govern.

Section 5. Governing Law. This Assignment and Xxxx of Sale and the legal relations between the Parties shall be governed by and construed in accordance with the laws of the State of New York applicable to contracts executed and performed in such State and without regard to conflicts of law doctrines, except that if it is necessary in any other jurisdiction to have the law of such other jurisdiction govern this Assignment and Xxxx of Sale in order for this Assignment and Xxxx of Sale to be effective in any respect, then the laws of such other jurisdiction shall govern this Assignment and Xxxx of Sale to such extent.

Section 6. Successors and Assigns. This Assignment and Xxxx of Sale shall be binding on and inure to the benefit of the parties hereto, and their respective successors and permitted assigns.

Section 7. No Third-Party Beneficiaries. Nothing in this instrument, express or implied, is intended or shall be construed to confer upon or give to any person, firm or corporation other than Purchaser, Seller and each such Party’s successors and permitted assigns any remedy or claim under or by reason of this instrument or any term, covenant or condition hereof, and all of the terms, covenants, conditions, promises, and agreements in this instrument shall be for the sole and exclusive benefit of Purchaser, Seller and each such Party’s successors and permitted assigns.

Section 8. Counterparts; Facsimile Signatures. This Assignment and Xxxx of Sale may be executed by the parties hereto in separate counterparts, including by facsimile transmission, each of which when so executed and delivered shall be an original, but all such counterparts together shall constitute one and the same instrument.

[Remainder of Page Intentionally Left Blank]

IN WITNESS WHEREOF, each of the undersigned has caused this Assignment and Xxxx of Sale to be executed on its behalf as of the date first above written.


SELLER:

STERLING MINING COMPANY

By:
		Name:
		Title:

PURCHASER:

SILVER OPPORTUNITY PARTNERS LLC

By:
		Name:
		Title:

[Signature Page for General Assignment and Xxxx of Sale]

SCHEDULES TO ASSET PURCHASE AGREEMENT

These are the Schedules (the “Schedules”) referred to in that certain Asset Purchase Agreement (the “Agreement”), dated as of April 21, 2010, by and between Sterling Mining Company, a corporation organized under the laws of Idaho, and Silver Opportunity Partners, LLC, a Delaware limited liability company, and is subject to the terms and conditions set forth below. Capitalized terms used but not defined herein have the respective meanings given to such terms in the Agreement.

The introductory language and headings in these Schedules are inserted for convenience of reference only.

The Section and Subsection references set forth in these Schedules refer primarily to Sections or Subsections of the Agreement.

Any fact or item which is clearly disclosed on any Schedule in such a way as to make its relevance or applicability to information called for by another Schedule or other Schedules reasonably apparent shall be deemed to be disclosed on such other Schedule or Schedules, as the case may be, notwithstanding the omission of a reference or cross-reference thereto.

Schedule 2.1(a)

Real Property; Improvements

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 2 of 43

APPENDIX “A”

Legal description for real property (land)

Tailing Pond

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 3 of 43

EXHIBIT A – Sunshine Tailings Pond

Page 1 of 2

A tract of land located in Section 10, Township 48 North, Range 0 Xxxx X.X., Xxxxxxxx Xxxxxx, Xxxxx xx Xxxxx; more particularly described as follows:

Beginning at a point from whence the South ¹/4 corner of Xxxxxxx 00, Xxxxxxxx 00 Xxxxx, Xxxxx 0 Xxxx X.X. Bears S25zz6’03”E a distance of 1323.22 feet;

Thence N52°02’22”E a distance of 222.39 feet to a point;

Thence N 35°58’40”E a distance of 553.77 feet to a point;

Thence N10°29’08”E a distance of 390.50 feet to a point;

Thence N00°05’28”E a distance of 502.18 feet to the Center ¹/4 corner of said Section 10;

Thence N46°45’41”E a distance of 1158.30 feet to a point;

Thence N86°59’56”E a distance of 490.92 feet to a point;

Thence S54°24’42”E (Shown of record as S54°20’00”E) a distance of 270.73 feet to a point;

Thence S21°33”07”W (Shown of record as S21°07’17”W) a distance of 25.96 feet to a point;

Thence S39°37’13”E (Shown of record as S40°03’03”E) a distance of 138.64 feet to a point;

Thence S37^o00’24”E (Shown of record as S37°26’ 14”E) a distance of 273.82 feet to a point;

Thence S12°03’47”E (Shown of record as S12°03’45”E) a distance of 190.68 feet to a point;

Thence S12°58’24”W (Shown of record as S12°32’34”W) a distance of 118.62 feet to a point;

Thence N89°38’13”E a distance of 57.82 feet (Shown of record as N89°12’23”E 58.24 feet) to a point on the northerly right-of-way of the Big Creek Road;

Thence along a curve to the right on said right-of-way with a radius of 542.96 feet a distance of 229.96 feet (With a long chord bearing S41°17’05”W a distance of 228.24 feet) to Sta PT 20+01.74 Rt of the Big Creek Road;

Thence S53°25’04”W (Shown of record as S53°44’14”W) a distance of 957.59 feet to Sta PC 29+59.33 30 Rt of the Big Creek Road;

Thence along a curve to the right on said right-of-way with a radius of 4553.66 feet a distance of 537.55 feet (With a long chord bearing S56°47’59”W a distance of 537.23 feet) to Sta PC 35+00.42 00 Xx xx xxx Xxx Xxxxx Xxxx;

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 4 of 43

EXHIBIT A – Sunshine Tailings Pond

Page 2 of 2

Thence S60°10’53”W (Shown of record as S60°30’03”W) along said right-of-way a distance of 99.58 feet to a point Sta 36+00 30 Rt of the Big Creek Road;

Thence S77°20’07”W along said right-of-way a distance of 33.91 feet to Sta 36+32.40 00 Xx xx xxx Xxx Xxxxx Xxxx;

Thence along a curve to the left on side right-of-way with a radius of 612.96 feet a distance of 231.49 feet (With a long chord bearing S49°21 ‘44”W a distance of 230.12 feet) to Sta PT 38+49.78 40 Rt of the Big Creek Road;

Thence S38°32’35”W (Shown of record as S38°51’45”W) a distance of 692.32 feet to Sta PC 45+41.10 40 Rt of the Big Creek Road;

Thence along a curve to the left on said right of way with a radius of 2934.79 feet a distance of 146.81 feet (With a long chord bearing S37°06’36”W a distance of 146.79 feet) to a point;

Thence N37°48’54”W a distance of 281.25 feet to a point;

Thence N23°26’35”W a distance of 215.98 feet to the true point-of-beginning.

End of Exhibit A

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 5 of 43

APPENDIX “A-1”

Legal Descriptions for real property (land)

and patented claims

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 6 of 43

434679

Exhibit “A”

Property Description

PATENTED MINING CLAIMS

PARCEL # MC0290

M.S. 1335, Xxxxxxxxx, Patented Mining Claim, situated in Sections 16 and 17, Township 48 North, Range 5 East, B.M., Shoshone County, Idaho. Patent recorded in Book 1, Patents page 154.

M.S. 3081-A, Black Pine, Black Pine No. 2, Xxxx Amended, Gild Edge, Gilt Edge Fraction, Iron Silver Fraction Amended, Maid of Xxxx, XxXxxxxx, Nobel Xxxxxx, Xxxxx Xxxxxx Amended, Xxxxxxx Xxxxx Fraction Amended, Xxxxxxx, Xxxxxxx Xxxxx Amended, Xxxxxxx, Snow Cap, Snow Flake Fraction Amended, White Pine Amended, Patented Mining Claims, situated in Sections 8, 16, 17, 20, and 21, Township 48 North, Range 5 East, B.M., Shoshone County, Idaho. Patent recorded in Book 59, Deeds, page 569.

PARCEL # MC0054

M.S. 1354, Snow Drift, Patented Mining Claim, situated in Section 17, Township 48 North, Range 5 East, B.M., Shoshone County, Idaho. Patent recorded in Book B, Patents, page 26.

M.S. 2138, Xxx Xxxxxxxx, Patented Mining Claim, situated in Section 17, Township 48 North, Range 5 East, B.M., Shoshone County, Idaho. Patent recorded in Book B, Patents, page 11.

M.S. 2506, Ranger, Patented Mining Claim, situated in Section 17, Township 48 North, Range 5 East, B.M., Shoshone County, Idaho. Patent recorded in Book 45, Deeds, page 231.

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 7 of 43

434680

Exhibit “A”

Property Description

Tract 1:

100% interest in the mineral rights of the following parcel encompassing approximately 106.3 acres, located in Section 00, Xxxxxxxx 00 Xxxxx, Xxxxx 0 Xxxx, X.X., Xxxxxxxx Xxxxxx, Xxxxx:

Parcel # 48N06E-31-0700

Government Xxxx 0 xxx 0, xxx XX⁰/0 XX⁰/0 XX¹/4,

the N¹/2 SE¹/4 NE¹/4 NW¹/4, the E¹/2 NW¹/4 NE¹/4,

the NW¹/4 NW¹/4 NE¹/4, the N¹/2 SW¹/4 NW¹/4 NE¹/4,

and the XX⁰/0 XX⁰/0 XX⁰/0 XX⁰/0.

Xxxxx 0:

100% interest of a 95/100 interest in the mineral rights of the following described parcels encompassing approximately 159.64 acres, located in Sections 32 and 33, Xxxxxxxx 00 Xxxxx, Xxxxx 0 Xxxx, X.X., Xxxxxxxx Xxxxxx, Xxxxx:

Parcel # 48N06E-32-1550

Section 32:

Government Lots 2, 9, 14, and 15; and

the E¹/2 NW¹/4 NE¹/4 NW¹/4, the NE¹/4 NE¹/4 NW¹/4,

the NE¹/4 SE¹/4 NE¹/4 NW¹/4, the W¹/2 NW¹/4 NE¹/4,

the W¹/2 E¹/2 NW¹/4 NE¹/4, the XX⁰/0 XX⁰/0 XX⁰/0 XX¹/4,

the S¹/2 S¹/2 NE¹/4 NE¹/4, the SE¹/4 NW¹/4 NE¹/4,

and the N¹/2 SE¹/4 NE¹/4.

Parcel # 48N06E-33-3300

Section 33:

The SW¹/4 SW¹/4 NW¹/4 NW¹/4.

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 8 of 43

434680

EXHIBIT “B”

100% Interest in the surface rights of the following (16) patented mining claims, encompassing approximately 301.89 acres, located in Sections 19, 20, 29 and 30, Xxxxxxxx 00 Xxxxx, Xxxxx 0 Xxxx, X.X., Xxxxxxxx Xxxxxx, Xxxxx:

M.S. 1879: Boxer, Lone Star, Nineteen Hundred, Snow Storm & Snow Storm Fraction

M.S. 2063: Snow Cap, Snow Drift & Snow Peak

M.S. 2066A: Illinois, Liberty, Protection & Snow Storm Cloud

M.S. 2104: Mid Light, Moon Light, Star Light & Sun Light

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 9 of 43

Exhibit “C”

Patented Mining Claims, situated in Sections 2 and 3, Township 47 North, Range 6 East, B.M., Shoshone County, Idaho.

M.S. 2539: Banner

M.S. 2539: Oregon

M.S. 2639: Puzzler Boy

M.S. 2539: Sister Roary

M.S. 2539: Smyley

CAMP/Plainview Real Property Description

Mining claims located in the Evolution Mining District of Shoshone County, Idaho:


Fourthought		Mineral Survey No. 3281

Plainview Fraction		Mineral Survey No. 3281

Silver Hill		Mineral Survey No. 3281

Toughnut		Mineral Survey Xx. 0000

Xxxxxxxxx Xx. 0		Mineral Survey Xx. 0000

Xxxxxxxxx Xx. 0		Mineral Survey No. 3281

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 11 of 43

APPENDIX “B”

Unpatented Claims

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 12 of 43

Sterling Mining Company

Un-Patented Mining Claims - OWNED as of March 18th, 2009

Serial#

Claim Name

State

County

TWP

RNG

SEC

Inst.#

Sunshine Mine Holdings

IMC184825

POL #1

SHOSHONE

0480N

0030E

IMC184826

POL #2

SHOSHONE

0480N

0030E

IMC184827

POL #3

SHOSHONE

0480N

0030E

IMC184828

POL #5

SHOSHONE

0480N

0030E

IMC185847

MET #4

SHOSHONE

0480N

0030E

IMC185848

MET #3

SHOSHONE

0480N

0030E

IMC186399

MARCH OF DIME

SHOSHONE

0480N

0030E

412558

IMC186401

XXXX

SHOSHONE

0480N

0030E

412560

IMC186402

XXXX # 2

SHOSHONE

0480N

0030E

412561

IMC186404

JUMBO

SHOSHONE

0480N

0030E

412563

IMC186405

XXXX

SHOSHONE

0480N

0030E

412564

IMC186406

XXXX

SHOSHONE

0480N

0030E

412565

XXX000000

XXX XXXXXX

SHOSHONE

0480N

0030E

412567

IMC186409

HERCULES

SHOSHONE

0480N

0030E

412569

IMC186410

HERCULES #2

SHOSHONE

0480N

0030E

412568

IMC186430

XXXX #2

SHOSHONE

0480N

0030E

412924

IMC186431

XXXX XXXX

SHOSHONE

0480N

0030E

412923

IMC186434

XXXXXX

SHOSHONE

0480N

0030E

412794

IMC186435

INTERPID

SHOSHONE

0480N

0030E

412795

IMC186436

IZARD

SHOSHONE

0480N

0030E

412797

XXX000000

IZARD FR.

SHOSHONE

0480N

0030E

412798

IMC186438

COMNER

SHOSHONE

0480N

0030E

412816

IMC186439

XXXXX

SHOSHONE

0480N

0030E

412804

IMC186440

XXX

SHOSHONE

0480N

0030E

412803

IMC186441

XXXXX

SHOSHONE

0480N

0030E

412813

IMC186442

XXXX

SHOSHONE

0480N

0030E

412812

IMC186443

XXXXXX

SHOSHONE

0480N

0030E

412806

IMC186444

XXXXX

SHOSHONE

0480N

0030E

412805

XXX000000

PEARL

SHOSHONE

0480N

0030E

412809

IMC186446

XXXX

SHOSHONE

0480N

0030E

412796

IMC186449

STAR

SHOSHONE

0480N

0030E

412824

IMC186450

XXXXXX

SHOSHONE

0480N

0030E

412799

XXX000000

XXXXXXXX FR.

SHOSHONE

0480N

0030E

412811

IMC186453

XXXXXXX

SHOSHONE

0480N

0030E

412808

IMC186454

XXXXX

SHOSHONE

0480N

0030E

412807

IMC186455

XXXXXXX

SHOSHONE

0480N

0030E

412814

IMC186456

MALLIGAN

SHOSHONE

0480N

0030E

412815

IMC186457

COLBERT

SHOSHONE

0480N

0030E

412823

IMC186458

LONE PINE #1

SHOSHONE

0480N

0030E

412664

IMC186459

LONE PINE #2

SHOSHONE

0480N

0030E

412663

XXX000000

HILLSIDE

SHOSHONE

0480N

0030E

412661

IMC186461

HILLSIDE #1

SHOSHONE

0480N

0030E

412817

IMC186462

HILLSIDE #2

SHOSHONE

0480N

0030E

412818

IMC186463

HILLSIDE #3

SHOSHONE

0480N

0030E


*Wednesday, March 18, 2009*		*Page 1 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 13 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

XXX000000

HUMBOLT

SHOSHONE

0480N

0030E

412672

IMC186465

HUMBOLT #1

SHOSHONE

0480N

0030E

412671

XXX000000

HUMBOLT #2

SHOSHONE

0480N

0030E

412670

IMC186467

HUMBOLT #3

SHOSHONE

0480N

0030E

412669

IMC186468

CRESCENT

SHOSHONE

0480N

0030E

412673

XXX000000

XXXXXXXX #0

XXXXXXXX

0000X

0030E

412674

XXX000000

XXXXXXXX #0

XXXXXXXX

0000X

0030E

412675

IMC186471

CRESCENT #9

SHOSHONE

0480N

0030E

412656

IMC186472

S.C.I. #9

SHOSHONE

0480N

0030E

412668

IMC186473

S.C.I. #11

SHOSHONE

0480N

0030E

412665

IMC186474

S.C.I. #12

SHOSHONE

0480N

0030E

412666

IMC186475

S.C.I. #13

SHOSHONE

0480N

0030E

412655

IMC186476

S.C.I. #14

SHOSHONE

0480N

0030E

412667

IMC186477

S.C.I. #15

SHOSHONE

0480N

0030E

412822

XXX000000

S.C.I. #16

SHOSHONE

0480N

0030E

412821

IMC186479

S.C.I. #17

SHOSHONE

0480N

0030E

412820

IMC186480

SCI. #18

SHOSHONE

0480N

0030E

412662

IMC186481

S.C.I. #19

SHOSHONE

0480N

0030E

412660

IMC186482

MET #1 FR.

SHOSHONE

0480N

0030E

412826

IMC186483

MET #9

SHOSHONE

0480N

0030E

412821

IMC186484

MET #12

SHOSHONE

0480N

0030E

412681

IMC186485

MET #13

SHOSHONE

0480N

0030E

412802

XXX000000

MET #13 FR.

SHOSHONE

0480N

0030E

412825

IMC186487

MET #14

SHOSHONE

0480N

0030E

412680

IMC186488

MET #15

SHOSHONE

0480N

0030E

412679

IMC186489

MET #16

SHOSHONE

0480N

0030E

412677

IMC186490

MET #17

SHOSHONE

0480N

0030E

412678

IMC186491

MET #18

SHOSHONE

0480N

0030E

412676

IMC186492

MET #21

SHOSHONE

0480N

0030E

412801

IMC186493

MET #22

SHOSHONE

0480N

0030E

412659

XXX000000

MET #23

SHOSHONE

0480N

0030E

412658

IMC186495

MET #24

SHOSHONE

0480N

0030E

412800

IMC186654

MARCH OF TIME

SHOSHONE

0480N

0030E

413903

IMC186655

INTREPID #2

SHOSHONE

0480N

0030E

413904

IMC186880

COLBERT 1

SHOSHONE

0480N

0030E

415456

IMC186881

COLBERT 2

SHOSHONE

0480N

0030E

415454

IMC186897

MARCH OF TIME 2

SHOSHONE

0480N

0030E

415455

IMC186898

MARCH OF TIME 3

SHOSHONE

0480N

0030E

415619

IMC186899

BARBERELLA

SHOSHONE

0480N

0030E

415620

IMC186900

XXXXXXXXXXXX 0 XXXXX

SHOSHONE

0480N

0040E

415566

IMC186901

METROPOLITAN

SHOSHONE

0480N

0030E

415567

IMC187706

LITTLE LONE PINE

SHOSHONE

0480N

0030E

419295

IMC187707

LITTLE GIANT #1

SHOSHONE

0480N

0030E

419296

XXX000000

LITTLE GIANT #7

SHOSHONE

0480N

0030E

419297

IMC187709

LITTLE GIANT #8

SHOSHONE

0480N

0030E

419298

IMC188140

MET #1

SHOSHONE

0480N

0030E

423354

IMC188141

MET #2

SHOSHONE

0480N

0030E

423355

IMC188142

MET #5

SHOSHONE

0480N

0030E

423356

IMC188143

MET #6

SHOSHONE

0480N

0030E

423357


*Wednesday, March 18, 2009*		*Page 2 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 14 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

XXX000000

MET #7

SHOSHONE

0480N

0030E

423358

IMC188145

MET #8

SHOSHONE

0480N

0030E

423359

IMC188146

MET #10

SHOSHONE

0480N

0030E

423360

IMC188147

MET #11

SHOSHONE

0480N

0030E

423361

IMC188148

XXXXXXXX

SHOSHONE

0480N

0030E

423361

IMC188531

BC 1

SHOSHONE

0480N

0030E

424816

XXX000000

BC 3

SHOSHONE

0480N

0030E

424817

IMC188533

POL 4

SHOSHONE

0480N

0030E

424818

IMC188534

POL 6

SHOSHONE

0480N

0030E

424818

XXX000000

XX 0

XXXXXXXX

0000X

0030E

420951

XXX000000

XX 0

XXXXXXXX

0000X

0030E

420952

XXX000000

XX 00 XX

SHOSHONE

0480N

0030E

420957

XXX000000

XX 00 XX

SHOSHONE

0480N

0030E

420958

XXX000000

XX 00 XX

SHOSHONE

0480N

0030E

420959

XXX000000

XX 00 XX

SHOSHONE

0480N

0030E

420960

XXX000000

XX 00 XX

SHOSHONE

0480N

0030E

420961

IMC188832

RD 17

SHOSHONE

0480N

0030E

420962

XXX000000

XX 00 XX

SHOSHONE

0480N

0030E

420963

IMC188834

RD 19

SHOSHONE

0480N

0030E

420964

XXX000000

XX 00 XX

SHOSHONE

0480N

0030E

420965

IMC188836

RDMET #1 FR

SHOSHONE

0480N

0030E

420966

IMC188837

RDMET #3 FR

SHOSHONE

0480N

0030E

420967

IMC188838

RDMET #4 FR

SHOSHONE

0480N

0030E

420968

XXX000000

XX 0

XXXXXXXX

0000X

0030E

420949

XXX000000

XX 0

XXXXXXXX

0000X

0030E

420950

XXX000000

XX 0 XX

SHOSHONE

0480N

0030E

420953

XXX000000

XX 0 XX

SHOSHONE

0480N

0030E

420954

XXX000000

XX 00 XX

SHOSHONE

0480N

0030E

420955

XXX000000

XX 00 XX

SHOSHONE

0480N

0030E

420956

IMC188845

SA 1

SHOSHONE

0480N

0030E

420980

IMC188846

SA 2

SHOSHONE

0480N

0030E

420981

XXX000000

SA 3

SHOSHONE

0480N

0030E

420982

IMC188848

SA 4

SHOSHONE

0480N

0030E

420983

IMC188849

SA 5

SHOSHONE

0480N

0030E

420984

IMC188850

SA 6

SHOSHONE

0480N

0030E

420985

IMC188851

SA 7

SHOSHONE

0480N

0030E

420986

IMC188852

SA 8

SHOSHONE

0480N

0030E

420987

IMC188853

SA 9

SHOSHONE

O480N

0030E

420988

XXX000000

SA 10

SHOSHONE

0480N

0030E

420989

IMC188855

GLOBE

SHOSHONE

0480N

0030E

420969

IMC188856

SNOOKUMS

SHOSHONE

0480N

0030E

420970

IMC188857

US FRACTION

SHOSHONE

0480N

0030E

420971

IMC188868

XXXXX

SHOSHONE

0480N

0030E

420972

IMC188859

MOXEY

SHOSHONE

0480N

0030E

420973

IMC188860

XXXXXX

SHOSHONE

0480N

0030E

420974

IMC188861

SILVER CLIFF

SHOSHONE

0480N

0030E

420975

XXX000000

XXXXXXX

SHOSHONE

0480N

0030E

420976

IMC188863

XXXX

SHOSHONE

0480N

0030E

420977

IMC188864

XXXXXXX

SHOSHONE

0480N

0030E

420978


*Wednesday, March 18, 2009*		*Page 3 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 15 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

XXX000000

XXXX

SHOSHONE

0480N

0030E

420979

IMC190213

GOOD MORNING FRACTION

SHOSHONE

0480N

0030E

432498

IMC190214

GOOD MORNING FRAC 2

SHOSHONE

0480N

0030E

433392

Claim Count: 145 @ $125 per claim = $18,125


*Wednesday, March 18, 2009*		*Page 4 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 16 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

Xxxx Xxxxx

XXX000000

LIBERAL KING

SHOSHONE

0480N

0020E

400642

XXX000000

SUNSET #5

SHOSHONE

0480N

0020E

400648

IMC184979

LOOKOUT #7

SHOSHONE

0480N

0020E

IMC184980

SUNSET #6

SHOSHONE

0480N

0020E

IMC185032

H #12

SHOSHONE

0480N

0020E

402185

IMC188033

HI #11

SHOSHONE

0480N

0020E

401955

IMC185034

HI #10

SHOSHONE

0480N

0020E

401954

IMC186845

LOOKOUT #1

SHOSHONE

0480N

0020E

415329

IMC186846

LOOKOUT #2

SHOSHONE

0480N

0020E

415328

IMC186847

LOOKOUT #3

SHOSHONE

0480N

0020E

415333

IMC186848

LOOKOUT #4

SHOSHONE

0480N

0020E

415332

IMC186850

SUNSET #4

SHOSHONE

0480N

0020E

415331

IMC187000

DENVER #1

SHOSHONE

0480N

0020E

416622

IMC187001

DENVER #2

SHOSHONE

0480N

0020E

416623

IMC187002

DENVER #3

SHOSHONE

0480N

0020E

.416624

IMC187003

DENVER #4

SHOSHONE

0480N

0020E

416625

IMC187004

DENVER #5

SHOSHONE

0480N

0020E

416626

XXX000000

DENVER #6

SHOSHONE

0480N

0020E

416627

IMC187006

DENVER #7

SHOSHONE

0480N

0020E

416628

IMC187007

DENVER #8

SHOSHONE

0480N

0020E

416629

IMC187008

DENVER #9

SHOSHONE

0480N

0020E

416630

IMC187009

DENVER #10

SHOSHONE

0480N

0020E

416631

IMC187010

DENVER #11

SHOSHONE

0480N

0020E

416632

IMC187011

DENVER #16

SHOSHONE

0480N

0020E

416633

IMC187012

DENVER #17

SHOSHONE

0480N

0020E

416634

XXX000000

DENVER #18

SHOSHONE

0480N

0020E

416635

IMC187014

DENVER #19

SHOSHONE

0480N

0020E

416636

IMC187015

DENVER #20

SHOSHONE

0480N

0020E

416675

IMC187016

DENVER #21

SHOSHONE

0490N

0020E

416679

IMC187017

DENVER #22

SHOSHONE

0480N

0020E

416678

IMC187018

DENVER #23

SHOSHONE

0480N

0020E

416680

IMC187019

DENVER #41

SHOSHONE

0480N

0020E

416637

IMC187020

DENVER #42

SHOSHONE

0480N

0020E

416674

XXX000000

DENVER #43

SHOSHONE

0480N

0020E

416673

IMC187022

DENVER #44

SHOSHONE

0480N

0020E

416638

IMC187023

EAGLE #2

SHOSHONE

0480N

0020E

416639

IMC187024

EAGLE #4

SHOSHONE

0480N

0020E

416640

IMC187025

EAGLE #5

SHOSHONE

0480N

0020E

416641

IMC187026

EAGLE #6

SHOSHONE

0480N

0020E

416667

IMC187027

EAGLE #7

SHOSHONE

0480N

0020E

416642

IMC187028

EAGLE #8

SHOSHONE

0480N

0020E

416688

IMC187029

EAGLE #9

SHOSHONE

0480N

0020E

416643

IMC187030

EAGLE #10

SHOSHONE

0480N

0020E

416672

IMC187031

EAGLE #12

SHOSHONE

0480N

0020E

416669

IMC187032

EAGLE #13

SHOSHONE

0480N

0020E

416676

IMC187033

EAGLE #15

SHOSHONE

0480N

0020E

416677

IMC187034

EAGLE #17

SHOSHONE

0480N

0020E

416681

IMC187035

EAGLE #19

SHOSHONE

0480N

0020E

416682


*Wednesday, March 18, 2009*		*Page 5 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 17 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

XXX000000

EAGLE #21

SHOSHONE

0480N

0020E

416644

IMC187037

EAGLE #22

SHOSHONE

0480N

0020E

416645

IMC187038

EAGLE #23

SHOSHONE

0480N

0020E

416665

XXX000000

EAGLE #24

SHOSHONE

0480N

0020E

416666

IMC187040

EAGLE #25

SHOSHONE

0480N

0020E

416670

IMC187041

EAGLE #26

SHOSHONE

0480N

0020E

416671

IMC187042

LOOKOUT #8

SHOSHONE

0480N

0020E

416646

IMC187043

LOOKOUT #9

SHOSHONE

0480N

0020E

416647

IMC187044

LOOKOUT #10

SHOSHONE

0480N

0020E

416648

IMC187045

LOOKOUT #11

SHOSHONE

0480N

0020E

416649

IMC187046

LOOKOUT #12

SHOSHONE

0480N

0020E

416650

XXX000000

LOOKOUT #13

SHOSHONE

0480N

0020E

416651

IMC187048

LOOKOUT #14

SHOSHONE

0480N

0020E

416652

IMC187049

LOOKOUT #15

SHOSHONE

0480N

0020E

416653

IMC187050

LOOKOUT #17

SHOSHONE

0480N

0020E

416654

IMC187051

LOOKOUT #18

SHOSHONE

0480N

0020E

416655

IMC187052

LOOKOUT #19

SHOSHONE

0480N

0020E

416656

IMC187055

LOOKOUT #26

SHOSHONE

0480N

0020E

416659

IMC187056

LOOKOUT #32

SHOSHONE

0480N

0020E

416660

IMC187057

LOOKOUT #33

SHOSHONE

0480N

0020E

416661

IMC187058

LOOKOUT #34

SHOSHONE

0480N

0020E

416662

IMC187059

LOOKOUT #35

SHOSHONE

0480N

0020E

416663

IMC187060

LOOKOUT #38

SHOSHONE

0480N

0020E

416664

IMC187397

SUNSET #7

SHOSHONE

0480N

0020E

418563

IMC187398

SUNSET #8

SHOSHONE

0480N

0020E

418564

IMC187400

EAGLE #11

SHOSHONE

0480N

0020E

418531

XXX000000

EAGLE #18

SHOSHONE

0480N

0020E

418532

IMC187402

EAGLE #20

SHOSHONE

0480N

0020E

418533

IMC187582

LOOKOUT #20

SHOSHONE

0480N

0020E

419664

XXX000000

LOOKOUT #21

SHOSHONE

0480N

0020E

419665

IMC187586

LOOKOUT #24

SHOSHONE

0480N

0020E

419668

IMC187587

LOOKOUT #25

SHOSHONE

0480N

0020E

419669

IMC187588

LOOKOUT #28

SHOSHONE

0480N

0020E

419670

IMC187590

LOOKOUT #30

SHOSHONE

0480N

0020E

419672

IMC187675

DENVER #15

SHOSHONE

0480N

0020E

419996

IMC187676

DENVER #24

SHOSHONE

0480N

0020E

419997

IMC187677

DENVER #25

SHOSHONE

0480N

0020E

419998

IMC187678

DENVER #26

SHOSHONE

0480N

0020E

419999

IMC187679

DENVER #27

SHOSHONE

0480N

0020E

420000

IMC187680

DENVER #28

SHOSHONE

0480N

0020E

420001

IMC187681

DENVER #29

SHOSHONE

0480N

0020E

420002

XXX000000

DENVER #30

SHOSHONE

0480N

0020E

420003

IMC187683

DENVER #31

SHOSHONE

0480N

0020E

420004

IMC187684

DENVER #32

SHOSHONE

0480N

0020E

420005

IMC187685

DENVER #33

SHOSHONE

0480N

0020E

420006

IMC187686

DENVER #34

SHOSHONE

0480N

0020E

420007

IMC187687

DENVER #35

SHOSHONE

0480N

0020E

420008

IMC187688

DENVER #36

SHOSHONE

0480N

0020E

420009

IMC187689

DENVER #37

SHOSHONE

0480N

0020E

420010


*Wednesday, March 18, 2009*		*Page 6 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 18 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

XXX000000

DENVER #38

SHOSHONE

0480N

0020E

420011

IMC187691

DENVER #39

SHOSHONE

0480N

0020E

420012

IMC187691

DENVER #39

SHOSHONE

0480N

0030E

420012

IMC187692

DENVER #40

SHOSHONE

0480N

0020E

420013

IMC187692

DENVER #40

SHOSHONE

0480N

0030E

420013

IMC187693

EAGLE 1

SHOSHONE

0480N

0020E

420017

IMC187694

EAGLE 3

SHOSHONE

0480N

0020E

420016

IMC187695

EAGLE 14

SHOSHONE

0480N

0020E

420022

IMC187696

EAGLE 16

SHOSHONE

0480N

0020E

420021

IMC187697

EAGLE 18

SHOSHONE

0480N

0020E

420015

IMC187698

EAGLE 20

SHOSHONE

0480N

0020E

420014

IMC187699

EAGLE 27

SHOSHONE

0480N

0020E

420020

IMC187700

EAGLE 28

SHOSHONE

0480N

0020E

420019

IMC187701

EAGLE 29

SHOSHONE

0480N

0020E

420018

IMC188504

H 1

SHOSHONE

0480N

0020E

424789

IMC188505

H 2

SHOSHONE

0480N

0020E

424790

XXX000000

H 3

SHOSHONE

0480N

0020E

424791

IMC188507

H 4

SHOSHONE

0480N

0020E

424792

XXX000000

W 1

SHOSHONE

0480N

0020E

424793

IMC188509

W 2

SHOSHONE

0480N

0020E

424794

IMC188510

W 3

SHOSHONE

0480N

0020E

424798

IMC188511

W 4

SHOSHONE

0480N

0020E

424797

IMC188512

W 5

SHOSHONE

0480N

0020E

424798

IMC188513

W 6

SHOSHONE

0480N

0020E

424799

IMC188514

W 7

SHOSHONE

0480N

0020E

424800

IMC188515

W 8

SHOSHONE

0480N

0020E

424801

XXX000000

W 9

SHOSHONE

0480N

0020E

424801

IMC188617

W 10

SHOSHONE

0480N

0020E

424802

IMC188529

LOOKOUT 5

SHOSHONE

0480N

0020E

424814

IMC188530

SUNSET 3

SHOSHONE

0480N

0020E

424815

IMC193223

XXXXXX #1

SHOSHONE

0480N

0020E

441949;0;0

IMC193224

XXXXXX #2

SHOSHONE

0480N

0020E

441950;0;0

IMC193225

XXXXXX #3

SHOSHONE

0480N

0020E

441951;0;0

IMC193226

XXXXXX #4

SHOSHONE

0480N

0020E

441952;0;0

XXX000000

XXXXXX #5

SHOSHONE

0480N

0020E

441953;0;0

IMC193228

XXXXXX #6

SHOSHONE

0480N

0020E

441954;0;0

IMC193229

XXXXXX #7

SHOSHONE

0480N

0020E

441955;0;0

IMC193230

XXXXXX #8

SHOSHONE

0480N

0020E

441956;0;0

IMC193231

XXXXXX #9

SHOSHONE

0480N

0020E

441957;0;0

IMC193232

XXXXXX #10

SHOSHONE

0480N

0020E

441958;0;0

IMC193233

XXXXXX #11

SHOSHONE

0480N

0020E

441959;0;0

IMC193234

XXXXXX #12

SHOSHONE

0480N

0020E

441960;0;0

XXX000000

XXXXXX #13

SHOSHONE

0480N

0020E

441961;0;0

IMC193236

XXXXXX #14

SHOSHONE

0480N

0020E

441962;0;0

IMC193237

XXXXXX #15

SHOSHONE

0480N

0020E

441963;0;0

Claim Count: 142 @ $125 per claim = $17,750


*Wednesday, March 18, 2009*		*Page 7 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 19 of 43

Serial#

Claim Name

State

County

TWP

RNG

SEC

Inst.#

Central Silver Belt

XXX000000

IDAHO LEADVILLE #1

SHOSHONE

0480N

0030E

391543

IMC183559

IDAHO LEADVILLE #2

SHOSHONE

0480N

0030E

391544

IMC183560

IDAHO LEADVILLE #3

SHOSHONE

0480N

0030E

391545

IMC183561

IDAHO LEADVILLE #4

SHOSHONE

0480N

0030E

391546

IMC183562

IDAHO LEADVILLE #5

SHOSHONE

0480N

0030E

391547

IMC183563

IDAHO LEADVILLE #6

SHOSHONE

0480N

0030E

391548

IMC183564

IDAHO LEADVILLE #7

SHOSHONE

0480N

0030E

391549

XXX000000

IDAHO LEADVILLE #8

SHOSHONE

0480N

0030E

391550

XXX000000

IDAHO LEADVILLE #9

SHOSHONE

0480N

0030E

391551

IMC183567

IDAHO LEADVILLE #11

SHOSHONE

0480N

0030E

391552

IMC183571

IDAHO LEADVILLE #16

SHOSHONE

0480N

0030E

391556

IMC183575

IDAHO LEADVILLE #21

SHOSHONE

0480N

0030E

391560

IMC185356

IDAHO LEADVILLE #26

SHOSHONE

0480N

0030E

IMC185357

IDAHO LEADVILLE #30

SHOSHONE

0480N

0030E

IMC186837

IDAHO LEADVILLE #13

SHOSHONE

0480N

0030E

415320

IMC186838

IDAHO LEADVILLE #14

SHOSHONE

0480N

0030E

415327

IMC186839

IDAHO LEADVILLE #16

SHOSHONE

0480N

0030E

415326

IMC186840

IDAHO LEADVILLE #18

SHOSHONE

0480N

0030E

415325

XXX000000

IDAHO LEADVILLE #19

SHOSHONE

0480N

0030E

415324

IMC186842

IDAHO LEADVILLE #20

SHOSHONE

0480N

0030E

415323

IMC186843

IDAHO LEADVILLE #22

SHOSHONE

0480N

0030E

415322

IMC186844

IDAHO LEADVILLE #23

SHOSHONE

0480N

0030E

415321

IMC187399

SILVER APEX #11

SHOSHONE

0480N

0040E

418534

IMC187403

LC #15

SHOSHONE

0480N

0040E

418537

IMC187404

LC #16

SHOSHONE

0480N

0040E

418538

IMC187405

LC #19

SHOSHONE

0480N

0040E

418539

IMC187408

LC #20

SHOSHONE

0480N

0040E

418540

IMC187407

LC #21

SHOSHONE

0480N

0040E

418541

IMC187408

LC #24

SHOSHONE

0480N

0040E

418542

IMC187409

LC #25

SHOSHONE

0480N

0040E

418543

IMC187410

LC #26

SHOSHONE

0480N

0040E

418544

IMC187411

LC #29

SHOSHONE

0480N

0040E

418535

IMC187412

LC #30

SHOSHONE

0480N

0040E

418536

IMC187413

LC #31

SHOSHONE

0480N

0040E

418545

IMC187414

LC #32

SHOSHONE

0480N

0040E

418546

IMC187415

LC #35

SHOSHONE

0480N

0040E

418547

IMC187416

LC #36

SHOSHONE

0480N

0040E

418548

IMC187417

LC #37

SHOSHONE

0480N

0040E

418549

IMC187418

LC #38

SHOSHONE

0480N

0040E

418550

XXX000000

LC #39

SHOSHONE

0480N

0040E

418551

IMC187420

LC #46

SHOSHONE

0480N

0040E

418552

IMC187421

LC #47

SHOSHONE

0480N

0040E

418553

IMC187422

LC #48

SHOSHONE

0480N

0040E

418554

IMC187423

LC #49

SHOSHONE

0480N

0040E

418555

IMC187424

LC #50

SHOSHONE

0480N

0040E

418556

IMC187425

LC #53

SHOSHONE

0480N

0040E

418557

IMC187426

LC #54

SHOSHONE

0480N

0040E

418558

XXX000000

LC #55

SHOSHONE

0480N

0040E

418559


*Wednesday, March 18, 2009*		*Page 8 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 20 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

XXX000000

LC #56

SHOSHONE

0480N

0040E

418560

IMC187429

LC #59

SHOSHONE

0480N

0040E

418561

IMC187430

LC #60

SHOSHONE

0480N

0040E

418562

IMC187433

JD #1

SHOSHONE

0480N

0030E

418624

IMC187434

JD #2

SHOSHONE

0480N

0030E

418527

XXX000000

JD #3

SHOSHONE

0480N

0030E

418525

IMC187436

JD #4

SHOSHONE

0480N

0030E

418528

IMC187437

JD #5

SHOSHONE

0480N

0030E

418529

IMC187438

JD #6

SHOSHONE

0480N

0030E

418530

IMC187439

JD #7

SHOSHONE

0480N

0030E

418526

IMC187440

JD #8

SHOSHONE

0480N

0030E

418523

IMC187441

JD #9

SHOSHONE

0480N

0030E

418522

IMC188497

IDAHO LEADVILLE 24

SHOSHONE

0480N

0030E

424782

IMC188498

IDAHO LEADVILLE 26

SHOSHONE

0480N

0030E

424783

IMC188499

IDAHO LEADVILLE 28

SHOSHONE

0480N

0030E

424784

IMC188500

SILVER APEX 3

SHOSHONE

0480N

0040E

424785

IMC188501

SILVER APEX 4

SHOSHONE

0480N

0040E

424786

IMC188501

SILVER APEX 4

SHOSHONE

0490N

0040E

424786

IMC188502

SILVER APEX 5

SHOSHONE

0490N

0040E

424787

IMC188502

SILVER APEX 5

SHOSHONE

0480N

0040E

424787

IMC188503

SILVER APEX 6

SHOSHONE

0480N

0040E

424788

IMC192917

GOOD NEIGHOBOR FR

SHOSHONE

0480N

0040E

441260;0;0

Claim Count: 70 @ $125 per claim = $8,750

Xxxxxxxx X-X

IMC175305

BOSTON LODE

SHOSHONE

0480N

0040E

366705 0

IMC175306

BOSTON FRACTION

SHOSHONE

0480N

0040E

366706 0

XXX000000

CONSTITUTION

SHOSHONE

0480N

0040E

366707 0

IMC175308

COLUMBIA

SHOSHONE

0480N

0040E

366708

IMC175309

STANFORD

SHOSHONE

0480N

0040E

366709 0

IMC175310

LINK

SHOSHONE

0480N

0040E

366710 0

IMC175311

STERLING LODE

SHOSHONE

0480N

0040E

366711 0

IMC175312

PROVIDENCE

SHOSHONE

0480N

0040E

366712 0

IMC175313

BALTIMORE

SHOSHONE

0480N

0040E

366713 0

IMC175314

WINNEFRED

SHOSHONE

0480N

0040E

366714 0

XXX000000

WINNEFRED FRACTION

SHOSHONE

0480N

0040E

366715 0

IMC175316

HARVARD

SHOSHONE

0480N

0040E

366716 0

IMC175317

YALE FRACTION

SHOSHONE

0480N

0040E

366717 0

IMC175318

YALE

SHOSHONE

0480N

0040E

366718 0

IMC175319

XXXXXXXXX XXXX

XXXXXXXX

0000X

0040E

366719 0

IMC175320

PRINCETON FRACTION

SHOSHONE

0480N

0040E

366720 0

IMC175321

XXXXXX

SHOSHONE

0480N

0030E

366721 0

Claim Count: 17 @ $125 per claim = $2,125


*Wednesday, March 18, 2009*		*Page 9 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 21 of 43

Serial#

Claim Name

State

County

TWP

RNG

SEC

Inst.#

East Silver Belt

IMC185294

BL #1

SHOSHONE

0480N

0060E

IMC185295

BL #2

SHOSHONE

0480N

0060E

IMC185296

BL #3

SHOSHONE

0480N

0060E

IMC187109

RQ 1

SHOSHONE

0470N

0050E

417551

IMC187110

RQ 2

SHOSHONE

0470N

0050E

417552

IMC187111

RQ 3

SHOSHONE

0470N

0050E

417553

XXX000000

RQ 4

SHOSHONE

0470N

0050E

417554

IMC187113

RQ 5

SHOSHONE

0470N

0050E

417555

IMC187114

RQ 6

SHOSHONE

0470N

0050E

417556

IMC187115

RQ 7

SHOSHONE

0470N

0050E

417557

IMC187116

RQ 8

SHOSHONE

0470N

0050E

417558

IMC187117

RQ 9

SHOSHONE

0470N

0050E

417559

IMC187118

RQ 10

SHOSHONE

0470N

0050E

417560

IMC187119

RQ 11

SHOSHONE

0470N

0050E

417561

XXX000000

RQ 12

SHOSHONE

0470N

0050E

417562

XXX000000

RQ 12

SHOSHONE

0470N

0060E

417562

IMC187121

RQ 13

SHOSHONE

0470N

0060E

417563

IMC187121

RQ 13

SHOSHONE

0470N

0060E

417563

IMC187122

RQ 14

SHOSHONE

0470N

0050E

417564

IMC187122

RQ 14

SHOSHONE

0470N

0060E

417564

IMC187123

RQ 15

SHOSHONE

0470N

0050E

417565

IMC187123

RQ 15

SHOSHONE

0470N

0060E

417565

IMC187124

RQ 16

SHOSHONE

0470N

0060E

417566

IMC187124

RQ 16

SHOSHONE

0470N

0050E

417566

IMC187125

RQ 17

SHOSHONE

0470N

0050E

417567

IMC187126

RQ 18

SHOSHONE

0470N

0060E

417568

IMC187127

RQ 19

SHOSHONE

0470N

0050E

417569

IMC187128

RQ 20

SHOSHONE

0470N

0050E

417570

IMC187129

RQ 21

SHOSHONE

0470N

0050E

417571

IMC187130

RQ 22

SHOSHONE

0470N

0050E

417572

IMC187131

RQ 23

SHOSHONE

0470N

0050E

417573

IMC187132

RQ 24

SHOSHONE

0470N

0050E

417574

IMC187133

RQ 25

SHOSHONE

0470N

0050E

417575

IMC187134

RQ 26

SHOSHONE

0470N

0050E

417576

IMC187135

RQ 27

SHOSHONE

0470N

0050E

417577

IMC187136

RQ 28

SHOSHONE

0470N

0050E

417578

IMC187137

RQ 29

SHOSHONE

0470N

0050E

417579

XXX000000

RQ 30

SHOSHONE

0470N

0050E

417580

IMC187139

RQ 31

SHOSHONE

0470N

0050E

417581

IMC187139

RQ 31

SHOSHONE

0470N

0060E

417581

IMC187140

RQ 32

SHOSHONE

0470N

0050E

417582

IMC187140

RQ 32

SHOSHONE

0470N

0060E

417582

IMC187141

RQ 33

SHOSHONE

0470N

0050E

417583

IMC187141

RQ 33

SHOSHONE

0470N

0060E

417583

IMC187142

RQ 34

SHOSHONE

0470N

0060E

417584

IMC187142

RQ 34

SHOSHONE

0470N

0050E

417584

IMC187143

RQ 35

SHOSHONE

0470N

0050E

417585

IMC187143

RQ 35

SHOSHONE

0470N

0060E

417585


*Wednesday, March 18, 2009*		*Page 10 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 22 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

XXX000000

RQ 36

SHOSHONE

0470N

0050E

417586

IMC187145

RQ 37

SHOSHONE

0470N

0050E

417587

XXX000000

RQ 38

SHOSHONE

0470N

0050E

417588

IMC187147

RQ 39

SHOSHONE

0470N

0050E

417589

IMC187148

WA 1

SHOSHONE

0470N

0050E

417527

IMC187149

WA 2

SHOSHONE

0470N

0050E

417528

IMC187150

WA 3

SHOSHONE

0470N

0050E

417529

IMC187151

WA 4

SHOSHONE

0470N

0050E

417530

IMC187152

WA 5

SHOSHONE

0470N

0050E

417531

XXX000000

WA 6

SHOSHONE

0470N

0050E

417532

IMC187154

WA 7

SHOSHONE

0470N

0050E

417533

IMC187155

WA 8

SHOSHONE

0470N

0050E

417534

IMC187156

WA 9

SHOSHONE

0470N

0050E

417535

IMC187157

WA 10

SHOSHONE

0470N

0050E

417536

IMC187158

WA 11

SHOSHONE

0470N

0050E

417537

IMC187159

WA 12

SHOSHONE

0470N

0050E

417538

IMC187160

WA 13

SHOSHONE

0470N

0050E

417539

XXX000000

WA 14

SHOSHONE

0470N

0050E

417540

IMC187162

WA 15

SHOSHONE

0470N

0050E

417541

IMC187163

WA 16

SHOSHONE

0470N

0050E

417542

IMC187164

WA 17

SHOSHONE

0470N

0050E

417543

IMC187165

WA 18

SHOSHONE

0470N

0050E

417544

IMC187166

WA 19

SHOSHONE

0470N

0050E

417545

IMC187167

WA 20

SHOSHONE

0470N

0050E

417546

IMC187168

WA 21

SHOSHONE

0470N

0050E

417547

IMC187169

WA 22

SHOSHONE

0470N

0050E

417548

IMC187170

WA 23

SHOSHONE

0470N

0050E

417549

IMC187171

WA 24

SHOSHONE

0470N

0050E

417550

IMC187172

A 1

SHOSHONE

0470N

0050E

417502

IMC187173

A 3

SHOSHONE

0470N

0050E

417503

IMC187174

A 4

SHOSHONE

0470N

0050E

417504

IMC187175

A 6

SHOSHONE

0470N

0050E

417505

IMC187176

A 7

SHOSHONE

0470N

0050E

417506

IMC187177

A 8

SHOSHONE

0470N

0050E

417507

IMC187178

A 9

SHOSHONE

0470N

0050E

417508

XXX000000

A 10

SHOSHONE

0470N

0050E

417509

IMC187180

A 11

SHOSHONE

0470N

0050E

417510

IMC187181

A 12

SHOSHONE

0470N

0050E

417511

IMC187182

A 13

SHOSHONE

0470N

0050E

417512

IMC187183

A 14

SHOSHONE

0470N

0050E

417513

IMC187184

A 15

SHOSHONE

0470N

0050E

417514

IMC187185

A 16

SHOSHONE

0470N

0050E

417515

IMC187186

A 17

SHOSHONE

0470N

0050E

417516

XXX000000

A 18

SHOSHONE

0470N

0050E

417517

IMC187188

A 19

SHOSHONE

0470N

0050E

417518

IMC187189

A 20

SHOSHONE

0470N

0050E

417519

IMC187190

A 21

SHOSHONE

0470N

0050E

417520

IMC187191

A 22

SHOSHONE

0470N

0050E

417521

IMC187192

A 23

SHOSHONE

0470N

0050E

417522


*Wednesday, March 18, 2009*		*Page 11 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 23 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

XXX000000

A 24

SHOSHONE

0470N

0050E

417523

IMC187194

A 25

SHOSHONE

0470N

0050E

417524

XXX000000

A 28

SHOSHONE

0470N

0050E

417525

IMC187196

A 29

SHOSHONE

0470N

0050E

417526

IMC187197

AE 1

SHOSHONE

0470N

0060E

417489

IMC187198

AE 2

SHOSHONE

0470N

0060E

417490

IMC187199

AE 3

SHOSHONE

0470N

0060E

417491

IMC187200

AE 4

SHOSHONE

0470N

0060E

417492

IMC187201

AE 5

SHOSHONE

0470N

0060E

417493

IMC187202

AE 6

SHOSHONE

0470N

0060E

417494

XXX000000

AE 7

SHOSHONE

0470N

0060E

417495

IMC187204

AE 8

SHOSHONE

0470N

0060E

417496

IMC187206

AE 9

SHOSHONE

0470N

0060E

417497

IMC187206

AE 10

SHOSHONE

0470N

0060E

417498

IMC187207

AE 11

SHOSHONE

0470N

0060E

417499

IMC187208

AE 12

SHOSHONE

0470N

0060E

417500

IMC187209

AE 13

SHOSHONE

0470N

0060E

417501

IMC187325

GH 31

SHOSHONE

0470N

0050E

417411

IMC187326

GH 32

SHOSHONE

0470N

0050E

417412

IMC187327

GH 33

SHOSHONE

0470N

0050E

417413

XXX000000

GH 34

SHOSHONE

0470N

0050E

417414

IMC187329

GH 35

SHOSHONE

0470N

0050E

417415

IMC187330

GH 36

SHOSHONE

0470N

0050E

417416

IMC187331

GH 37

SHOSHONE

0470N

0050E

417417

IMC187332

GH 38

SHOSHONE

0470N

0050E

417418

IMC187333

GH 39

SHOSHONE

0470N

0050E

417419

IMC187334

GH 40

SHOSHONE

0470N

0050E

417420

IMC187335

RC 1

SHOSHONE

0470N

0050E

417442

XXX000000

RC 2

SHOSHONE

0470N

0050E

417443

IMC187337

RC 3

SHOSHONE

0470N

0050E

417444

IMC187338

RC 4

SHOSHONE

0470N

0050E

417445

IMC187339

RC 5

SHOSHONE

0470N

0050E

417446

IMC187340

RC 6

SHOSHONE

0470N

0050E

417447

IMC187341

RC 7

SHOSHONE

0470N

0050E

417448

IMC187342

RC 8

SHOSHONE

0470N

0050E

417449

IMC187343

RC 9

SHOSHONE

0470N

0050E

417450

XXX000000

RC 10

SHOSHONE

0470N

0050E

417451

IMC187345

RC 11

SHOSHONE

0470N

0050E

417452

IMC187346

RC 13

SHOSHONE

0470N

0050E

417454

IMC187347

RC 14

SHOSHONE

0470N

0050E

417455

IMC187348

RC 15

SHOSHONE

0470N

0050E

417456

IMC187349

RC 16

SHOSHONE

0470N

0050E

417457

IMC187350

RC 17

SHOSHONE

0470N

0050E

417458

XXX000000

RC 19

SHOSHONE

0470N

0050E

417460

IMC187352

RC 20

SHOSHONE

0470N

0050E

417461

IMC187353

RC 21

SHOSHONE

0470N

0050E

417462

IMC187354

RC 22

SHOSHONE

0470N

0050E

417463

IMC187355

RC 23

SHOSHONE

0470N

0050E

417464

IMC187356

RC 24

SHOSHONE

0470N

0050E

417465


*Wednesday, March 18, 2009*		*Page 12 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 24 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

XXX000000

RC 26

SHOSHONE

0470N

0050E

417466

IMC187358

RC 26

SHOSHONE

0470N

0050E

417467

IMC187359

RC 27

SHOSHONE

0470N

0050E

417468

IMC187360

RC 28

SHOSHONE

0470N

0050E

417469

IMC187361

RC 29

SHOSHONE

0470N

0050E

417470

IMC187362

RC 30

SHOSHONE

0470N

0050E

417471

IMC187363

RC 31

SHOSHONE

0470N

0050E

417472

IMC187364

RC 32

SHOSHONE

0470N

0050E

417473

IMC187365

RC 33

SHOSHONE

0470N

0050E

417474

IMC187603

P 1

SHOSHONE

0470N

0050E

419890

IMC187603

P 1

SHOSHONE

0480N

0050E

419890

IMC187604

P 2

SHOSHONE

0480N

0050E

419891

IMC187604

P 2

SHOSHONE

0470N

0050E

419891

IMC187605

P 3

SHOSHONE

0470N

0050E

419892

IMC187605

P 3

SHOSHONE

0480N

0050E

419892

IMC187606

P 4

SHOSHONE

0470N

0050E

419893

IMC187606

P 4

SHOSHONE

0480N

0050E

419893

IMC187607

P 5

SHOSHONE

0480N

0050E

419894

IMC187607

P 5

SHOSHONE

0470N

0050E

419894

IMC187608

P 6

SHOSHONE

0470N

0050E

419895

XXX000000

P 7

SHOSHONE

0470N

0050E

419896

IMC187610

P 8

SHOSHONE

0470N

0050E

419887

IMC187611

P 9

SHOSHONE

0470N

0050E

419898

IMC187612

P 10

SHOSHONE

0470N

0050E

419899

IMC187613

P 11

SHOSHONE

0470N

0050E

419901

IMC187614

P 12

SHOSHONE

0470N

0050E

419901

IMC187615

P 13

SHOSHONE

0470N

0050E

419902

IMC187616

P 14

SHOSHONE

0470N

0050E

419903

XXX000000

P 15

SHOSHONE

0470N

0050E

419904

IMC187618

P 16

SHOSHONE

0470N

0050E

419905

IMC187619

P 17

SHOSHONE

0470N

0050E

419906

IMC187620

P 18

SHOSHONE

0470N

0050E

419907

IMC187621

P 19

SHOSHONE

0470N

0050E

419908

IMC187622

P 20

SHOSHONE

0470N

0050E

419909

IMC187623

P 21

SHOSHONE

0470N

0050E

419910

IMC187624

P 22

SHOSHONE

0470N

0050E

419911

XXX000000

P 23

SHOSHONE

0470N

0050E

419912

IMC187626

P 24

SHOSHONE

0470N

0050E

419913

IMC187627

P 25

SHOSHONE

0470N

0050E

419914

IMC187628

P 26

SHOSHONE

0470N

0050E

419915

IMC187629

GH 1

SHOSHONE

0470N

0050E

419916

IMC187630

GH 2

SHOSHONE

0470N

0050E

419917

IMC187631

GH 3

SHOSHONE

0470N

0050E

419918

IMC187632

GH 4

SHOSHONE

0470N

0050E

419919

XXX000000

GH 5

SHOSHONE

0470N

0050E

419920

IMC187634

GH 6

SHOSHONE

0470N

0050E

419921

IMC187635

GH 7

SHOSHONE

0470N

0050E

419922

IMC187636

GH 8

SHOSHONE

0470N

0050E

419923

IMC187637

GH 9

SHOSHONE

0470N

0050E

419924


*Wednesday, March 18, 2009*		*Page 13 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 25 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

XXX000000

GH 10

SHOSHONE

0470N

0050E

419925

IMC187639

GH 11

SHOSHONE

0470N

0050E

419926

IMC187640

GH 12

SHOSHONE

0470N

0050E

419927

XXX000000

GH 13

SHOSHONE

0470N

0050E

419928

IMC187642

GH 14

SHOSHONE

0470N

0050E

419929

IMC187643

GH 15

SHOSHONE

0470N

0050E

419930

IMC187644

GH 16

SHOSHONE

0470N

0050E

419931

IMC187645

GH 17

SHOSHONE

0470N

0050E

419932

IMC187646

GH 18

SHOSHONE

0470N

0050E

419933

IMC187647

GH 19

SHOSHONE

0470N

0050E

419934

IMC187648

GH 20

SHOSHONE

0470N

0050E

419935

IMC187649

GH 21

SHOSHONE

0470N

0050E

419936

IMC187650

GH 22

SHOSHONE

0470N

0050E

419937

IMC187651

GH 23

SHOSHONE

0470N

0050E

419938

IMC187652

GH 24

SHOSHONE

0470N

0050E

419939

IMC187653

GH 25

SHOSHONE

0470N

0050E

419941

IMC187654

GH 26

SHOSHONE

0470N

0050E

419940

IMC187655

GH 27

SHOSHONE

0470N

0050E

419942

IMC187656

GH 28

SHOSHONE

0470N

0050E

419943

IMC187667

GH 29

SHOSHONE

0470N

0050E

419944

XXX000000

GH 30

SHOSHONE

0470N

0050E

419945

IMC187667

R 9

SHOSHONE

0480N

0050E

419954

IMC187668

R 12

SHOSHONE

0470N

0050E

419955

IMC187669

R 18

SHOSHONE

0470N

0050E

419956

IMC188518

BL 4

SHOSHONE

0480N

0060E

424803

IMC188519

BL 5

SHOSHONE

0480N

0060E

424804

IMC188520

BL 6

SHOSHONE

0480N

0060E

424805

IMC188521

BL 7

SHOSHONE

0480N

0060E

424806

IMC188522

BL 8

SHOSHONE

0480N

0060E

424807

IMC188523

BL 9

SHOSHONE

0480N

0060E

424808

XXX000000

BL 10

SHOSHONE

0480N

0060E

424809

IMC188525

MU 1

SHOSHONE

0480N

0050E

424810

IMC188526

MU 2

SHOSHONE

0480N

0050E

424811

IMC188527

MU 3

SHOSHONE

0480N

0050E

424812

IMC188528

MU 4

SHOSHONE

0480N

0050E

424813

IMC189116

RCM 1

SHOSHONE

0470N

0050E

426663

IMC189116

RCM 1

SHOSHONE

0480N

0050E

426663

IMC189117

RCM 2

SHOSHONE

0470N

0050E

426664

IMC189117

RCM 2

SHOSHONE

0480N

0050E

426664

XXX000000

RCM 3

SHOSHONE

0470N

0050E

426665

IMC189119

RCM 4

SHOSHONE

0470N

0050E

426666

IMC189120

RCM 5

SHOSHONE

0470N

0050E

426667

IMC189121

RCM 6

SHOSHONE

0470N

0050E

426668

IMC189122

RCM 7

SHOSHONE

0470N

0050E

426669

IMC189123

RCM 8

SHOSHONE

0470N

0050E

426670

IMC189124

RCM 9

SHOSHONE

0470N

0050E

426671

IMC189125

RCM 10

SHOSHONE

0470N

0050E

426672

XXX000000

RCM 11

SHOSHONE

0470N

0050E

426673

IMC189127

RCM 12

SHOSHONE

0470N

0050E

426674


*Wednesday, March 18, 2009*		*Page 14 of 18*

Case 09-20178-TLM Doc 18 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc Main

Document Page 26 of 43

Serial#

Claim Name

Xxxxx

Xxxxxx

XXX

Xxxx.#

XXX000000

RCM 13

SHOSHONE

0470N

0050E

426675

IMC189129

RCM 14

SHOSHONE

0470N

0050E

426676

IMC189130

RCM 15

SHOSHONE

0470N

0050E

426677

IMC189131

RCM 16

SHOSHONE

0480N

0050E

426678

IMC189132

RCM 17

SHOSHONE

0480N

0050E

426679

IMC189133

RCM 18

SHOSHONE

0480N

0050E

426680

XXX000000

RCM 19

SHOSHONE

0470N

0050E

426681

XXX000000

RCM 19

SHOSHONE

0480N

0050E

426681

IMC189135

RCM 20

SHOSHONE

0470N

0050E

426682

IMC189135

RCM 20

SHOSHONE

0480N

0050E

426682

IMC189136

RCM 21

SHOSHONE

0470N

0050E

426683

IMC189136

RCM 21

SHOSHONE

0480N

0050E

426683

IMC189137

RCM 22

SHOSHONE

0470N

0050E

426684

IMC189138

RCM 23

SHOSHONE

0470N

0050E

426685

IMC189139

RCM 24

SHOSHONE

0470N

0050E

426686

IMC189140

RCM 25

SHOSHONE

0470N

0050E

426687

IMC189141

RCM 26

SHOSHONE

0470N

0050E

426688

XXX000000

RCM 27

SHOSHONE

0470N

0050E

426689

Claim Count: 262 @ $125 per claim = $32,750

Snowstorm

IMC187368

S 4951

SHOSHONE

0480N

0050E

418415

XXX000000

S 4952

SHOSHONE

0480N

0060E

418416

XXX000000

S 4952

SHOSHONE

0480N

0050E

418416

IMC187370

S 4953

SHOSHONE

0480N

0060E

418417

IMC187370

S 4953

SHOSHONE

0480N

0050E

418417

IMC187371

S 4954

SHOSHONE

0480N

0060E

418418

IMC187371

S 4954

SHOSHONE

0480N

0050E

418418

IMC187372

S 4955

SHOSHONE

0480N

0060E

418419

IMC187372

S 4955

SHOSHONE

0480N

0050E

418419

IMC187373

S 4956

SHOSHONE

0480N

0060E

418420

IMC187374

S 4957

SHOSHONE

0480N

0060E

418421

IMC187375

S 4958

SHOSHONE

0480N

0060E

418422

IMC187376

S 4959

SHOSHONE

0480N

0060E

418423

XXX000000

SNOW 1

SHOSHONE

0480N

0060E

418407

IMC187386

SNOW 2

SHOSHONE

0480N

0060E

418408

IMC187387

SNOW 3

SHOSHONE

0480N

0060E

418409

IMC187388

SNOW 4

SHOSHONE

0480N

0060E

418410

IMC187389

SNOW 5

SHOSHONE

0480N

0060E

418411

IMC187390

SNOW 6

SHOSHONE

0480N

0060E

418412

IMC187391

SNOW 7

SHOSHONE

0480N

0060E

416413

IMC187392

SNOW 8

SHOSHONE

0480N

0060E

418414

Claim Count: 21 @ $125 per claim = $2,625


*Wednesday, March 18, 2009*		*Page 15 of 18*

Schedule 2.1(b)

Real Property Leases

1.	Mining Lease and Agreement dated June 6, 2003 by and between Sterling Mining Company and Sunshine Precious Metals, Inc., as amended by Amendment to Mining Lease and Agreement dated February 15, 2006

2.	Mining Lease and Agreement dated February 4, 2004 by and between Sterling Mining Company and Xxxxxxx Mining Company

3.	Mining Lease and Agreement dated February 25, 2004 by and between Sterling Mining Company and Mineral Mountain Mining and Milling Company

4.	Agreement dated September 16, 2004 by and between Sterling Mining Company and Metropolitan Mines Corporation, Limited

5.	Mining Lease dated March 1, 2006 by and between Sterling Mining Company and Rock Creek Mining Company

Schedule 2.1(c)

Transferred Personal Property

Coeur d’Alene (“CDA”) Office Equipment

See attached Appendix “D”

Xxxxxxx Office Equipment

See attached Appendix “E”

Now located at CDA office

Sunshine Mine Office Equipment

See attached Appendix “F”

Now located at CDA office

Mine Analyzer, CDA office

Installed Equipment and Rolling Stock located at the Sunshine Mine Complex

See attached Appendix “G”

Tailings Impoundment Facility Equipment

See attached Appendix “H”

Caterpillar Model 904B Wheel Loader and attachments

Vein Runner-II

LT-350 (7)

Mine Rescue

Supply Inventory - Parts and supplies for operation of mine (repair and maintenance)

Case 09-20178-TLM Doc 18-1 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc

Schedules B D E Page 5 of 28

APPENDIX “D”

CDA OFFICE EQUIPMENT

The following is a list of office equipment and furnishings for the office located in Coeur d’Alene, ID.


Item	Current Value
File cabinet	$	87.60
NEC Phone System	$	1,054.25
Office furniture	$	1,706.70
Computer for controller	$	294.55
Microsoft Computer & Software	$	20,923.38
3 Compaq Laptops (Ray, Jim, Xxxx)	$	1,037.30
Great Plains Enhancement	$	870.00
Great Plains Implementation	$	3,238.94
Great Plains Enhancements & Training	$	5,153.97
HP dl360 Server	$	1,434.03
Great Plains Implementation	$	1,457.50
Great Plains Implementation	$	1,744.38

Total Office Equipment	$	39,002.57

Case 09-20178-TLM Doc 18-1 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc

Schedules B D E Page 6 of 28

APPENDIX “E”

XXXXXXX OFFICE EQUIPMENT

The following is a list of office equipment and furnishings for the office located in Xxxxxxx, ID.


Item	Current Value
Exhibit Booth-Marketing	$	1,184.16
Safe in Xxxxxxx Office for coins	$	587.92
Customized Telephone	$	542.48
Customized Telephone Xxxxxxx Voice Mail	$	125.00
Color Computer printer	$	515.05
Laptop Computer	$	429.97
Computer for X. Xxxxx	$	278.68
Computer for Xxxxxxx	$	161.59

Total Office Equipment	$	3,824.84

Case 09-20178-TLM Doc 18-1 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc

Schedules B D E Page 7 of 28

APPENDIX “F”

SUNSHINE MINE OFFICE EQUIPMENT

The following is a list of office equipment and furnishings for the office located At the Sunshine Mine.


Item	Current Value
Autocad	$	871.41
Computer	$	447.36
Computer	$	378.35
Computer Plotter	$	306.25
2 Computers and printer	$	781.00
Sterling Sign	$	767.53
Geologist computer software	$	912.53
Computer for Accting manager	$	508.94
Computer for Mine Manager	$	293.20
New office equipment	$	303.84
Toshiba Laptop computer	$	503.29
Copy Machine (Purchased from KGM)	$	232.60
Autocad	$	3,076.63
Tererad Phone System	$	3,078.03
PacificCad	$	2,823.58
Server	$	756.58
Laptop - Xxxx	$	564.12
Rotors, Modulators, Interface cards	$	1,526.53
Laptop - Xxxx	$	928.53
New Server-Yankee Girl	$	984.35
Sonicwall(firewall)	$	1,383.70
MS Office	$	6,756.28
Autocad 2nd License	$	2,065.01
Adobe	$	3,544.87
HP Color Lasejet Printer	$	793.78
MSC digital Camera	$	237.50
MSC Off	$	413.29

TOTAL OFFICE EQUIPMENT	$	35,239.05

Case 09-20178-TLM Doc 18-1 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc

Schedules B D E Page 8 of 28

APPENDIX “G”

INSTALLED EQUIPMENT AND ROLLING STOCK

The following is a detailed list of all installed equipment and rolling stock owned by Sterling Mining Company located at the Sunshine Mine complex.


	Current Value

600 Rotary Compressor	$	2,371.26
Gas Forklift w/ Paper head	$	1,185.63
12B Muckers	$	474.25
12B Muckers	$	474.25
Tugger	$	189.70
1/2 Ton Motors	$	1,422.76
1/2 Ton Motors	$	1,422.76
1/2 Ton Motors	$	1,422.76
1/2 Ton Motors	$	1,422.76
Air Operated Gates/Cons Bin	$	1,422.76
Air Operated Gates/Cons Bin	$	1,422.76
Air Operated Gates/Cons Bin	$	1,422.76
Air Operated Gates/Cons Bin	$	1,422.76
60 Ton Coolers	$	474.25
61 Ton Coolers	$	474.25
62 Ton Coolers	$	474.25
63 Ton Coolers	$	474.25
64 Ton Coolers	$	474.25
New Pan Feeder	$	3,556.89
M8 Pump	$	71.14
Wire Feed Welders	$	355.69
Wire Feed Welders	$	355.69
Electric Forklift	$	4,742.52
Generator Set / Battery Charger	$	118.56
Welder	$	237.13
Air Hoist	$	237.13
Air Hoist	$	237.13
Air Hoist	$	237.13
Air Hoist	$	237.13
Air Hoist	$	237.13
Air Hoist	$	237.13
Air Hoist	$	237.13
Air Hoist	$	237.13
1/2 Ton Motor	$	1,422.76
Charger	$	118.56
22 Muckers	$	2,371.26
23 Muckers	$	2,371.26
24 Muckers	$	2,371.26
25 Muckers	$	2,371.26
12B Mucker	$	474.25

Case 09-20178-TLM Doc 18-1 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc

Schedules B D E Page 9 of 28


LM 56 Mucker	$	1,897.01
Sump Pumps	$	711.38
20HP Sump Pumps	$	948.50
20HP Sump Pumps	$	948.50
10HP Sump Pumps	$	355.69
10HP Sump Pumps	$	355.69
30HP Slushers	$	829.94
30HP Slushers	$	829.94
30HP Slushers	$	829.94
30HP Slushers	$	829.94
30HP Slushers	$	829.94
30HP Slushers	$	829.94
Charger	$	118.56
Charger	$	118.56
Large Tugger	$	355.69
30HP Pumps	$	426.83
30HP Pumps	$	426.83
30HP Pumps	$	426.83
30HP Pumps	$	426.83
30HP Pumps	$	426.83
Small Air Pumps	$	47.43
Small Air Pumps	$	47.43
Small Air Pumps	$	47.43
Small Air Pumps	$	47.43
Small Air Pumps	$	47.43
Small Air Pumps	$	47.43
M15 Pumps	$	94.85
M15 Pumps	$	94.85
M15 Pumps	$	94.85
M15 Pumps	$	94.85
M15 Pumps	$	94.85
M15 Pumps	$	94.85
3HP Flygt Pump	$	355.69
6 Ton Motors	$	1,422.76
7 Ton Motors	$	1,422.76
8 Ton Motors	$	1,422.76
9 Ton Motors	$	1,422.76
10 Ton Motors	$	1,422.76
11 Ton Motors	$	1,422.76
12 Ton Motors	$	1,422.76
5 Ton Motors	$	1,185.63
5 Ton Motors	$	1,185.63
6 Ton Motors	$	2,845.51
6 Ton Motors	$	2,845.51
6 Ton Motors	$	2,845.51
Rebuilt Controller	$	1,659.88
Chargers	$	237.13
Chargers	$	237.13
Chargers	$	237.13
HUL Tugger	$	355.69
Chargers	$	237.13

Case 09-20178-TLM Doc 18-1 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc

Schedules B D E Page 10 of 28


Chargers	$	237.13
Chargers	$	237.13
Chargers	$	237.13
Chargers	$	237.13
1 Ton OH Hoist	$	94.85
Kubota Tractor	$	474.25
Lg Pipe Machine	$	474.25
Small OH Hoist	$	118.56
5 Ton OH Hoist and Trolley	$	1,185.63
Hydraulic Press Welder	$	237.13
15HP Joy Air Xxxxxxx w/Xxxxxx	$	948.50
30HP Slushers	$	165.99
30HP Slushers	$	165.99
30HP Slushers	$	165.99
30HP Slushers	$	165.99
30HP Slushers	$	165.99
Shot Crete Machine	$	355.69
Charger	$	237.13
1 Ton OH Hoist	$	94.85
Lathe	$	592.82
Lathe	$	592.82
Tools for Lathe	$	474.25
Pressure Washer	$	355.69
Jewel Shaft Timber	$	0.00
300HP Borehole Fan	$	500.00
200HP 37 Level Fan	$	500.00
Hobart 400 Welder	$	250.00
110 gal Fuel Trucks	$	250.00
110 gal Fuel Trucks	$	250.00
Timber Trucks	$	250.00
Timber Trucks	$	250.00
Timber Trucks	$	250.00
Timber Trucks	$	250.00
Timber Trucks	$	250.00
Timber Trucks	$	250.00
Timber Trucks	$	250.00
Timber Trucks	$	250.00
30KW Gen Set	$	250.00
12ft. Pump Column and Shaft Pipe	$	250.00
Mucker	$	1,875.00
Megger - Hoist Gen - Set	$	287.82
Atlas electric	$	951.25
Pump	$	2,840.00
Tools	$	11,527.90
Mancha with new battery	$	5,394.40
Pump (Xxxxxx)	$	50,603.20
2 Husqavarnas	$	6,065.97
Pumps	$	1,337.50
Fork Lifts	$	8,466.75
Small Pumps	$	958.82
Mancha with new battery	$	4,275.00

Case 09-20178-TLM Doc 18-1 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc

Schedules B D E Page 11 of 28


2 Xxxx Leg Drills	$	1,947.75
Mine Dewatering Pumps	$	25,891.80
Rail Haulage Equipment Sidedump cars	$	1,875.00
Dewatering Pumps	$	309.17
Transformer	$	11,229.21
Shop Tools	$	14,875.94
U/G Shop Tools	$	921.88
3 Manchas	$	12,375.00
U/G Shop tools for Diesel Shop	$	1,819.40
U/G Shop tools for Diesel Shop	$	1,055.19
2 Pumps	$	3,656.25
Cap Lamp Batteries & Charger	$	6,313.75
2 Loci Battery Chargers	$	965.50
2 Club Cars	$	7,190.78
3CNTA8 Pump	$	27,619.11
4 Pumps	$	1,562.50
Loci Controller	$	3,610.00
Mancha Batteries & Charger	$	5,524.00
Shop Tools	$	4,395.30
2 Xxxxxxx Hoists	$	2,940.84
Loci Battery Chargers	$	3,476.50
SS Hoist Xxxxx Drive Control	$	47,662.49
SS Hoist Drive Transformer	$	10,149.75
Mancha Battery	$	1,044.00
Mancha Battery	$	655.00
Mancha Battery	$	1,517.00
4 Mancha Batteries	$	2,190.00
Loci Battery	$	3,407.25
SS Hoist Switchgear	$	14,802.75
SS Hoist Inverter & Motor	$	26,446.75
2 Manskips Silver Summit	$	15,125.00
UG Power Feed Cable	$	24,032.59
2000/2666 KVA 13,200-2400 Volt Delta Transforme	$	17,956.05
SS Hoist Control Panel	$	27,552.72
SS Hoist Hydraulic Brake Control System	$	36,214.98
5 200 Gallon Tanks	$	2,210.59
3 UG Parts Washers	$	1,124.99
2 3 Ton Xxxxxxx Air Hoists	$	2,990.84
2 Rebuilt Xxxx Leg Drills	$	1,086.50
Compressor Starter #9	$	8,736.94
Starter from PIP SS Elect	$	3,238.19
750 KVA Transformer	$	5,473.86
Silver Summit Hoist	$	190,933.80
Compressed Air Distrib System	$	13,054.97
Chippy Hoist	$	19,129.36
5 Toshiba Breakers	$	4,335.00
3 Ton Xxxxxxx Air Hoist	$	1,470.42
3 Ton Xxxxxxx Air Hoist	$	1,470.42
Welder	$	1,508.37
Welder	$	1,508.37
2 Xxxxxxxx Pumps	$	3,750.00

Case 09-20178-TLM Doc 18-1 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc

Schedules B D E Page 12 of 28


Club Car	$	3,599.75
3 Transformers	$	5,880.00
Xxxxxx Shaft	$	44,958.46
Silver Summit Shaft and Underground	$	142,437.65
2 Toshiba Breakers	$	1,749.00
4 - 480V Jumbo GFI	$	7,510.00
4 Pump Impellers	$	3,500.00
Xxxxxx XX Hoist Ropes	$	16,473.00
Xxxxxx Chippy Hoist Rope	$	10,695.63
Silver Summit DD Hoist Rope	$	15,956.85
Xxxxx Pump & Strainer 1ORALC	$	3,494.75
UG Substation Power Feed	$	15,190.02
UG Phone System	$	26,270.64
Leaky Feeder	$	34,798.79
Sandfill System - Surface	$	22,390.66
Sandfill Distribution System	$	10,323.25
3 - Flygt 4GT Pumps - from Hecla	$	3,750.00
Rock House	$	26,738.46
Concentrate Handling	$	26,341.26
Crushing Circuits	$	1,778.72
Grinding Circuits	$	73,390.52
Floatation/Filtration	$	3,139.36
Atlas Copco Compressors	$	35,950.75
GE 5KV 600 Amp Motor Starter on C11	$	3,248.75
Atlas Copco Compressor	$	35,950.75
3 Loky Charges	$	3,507.00
Rebuild Xxxxxxxxxx Xxxxxxx - 0X Xxxxxxx Loco	$	11,000.00
DPL 100 FPG Diesel Pump & Tank	$	1,483.75
Total Machinery and Equipment	$	1,316,425.12

Shop Tools	$	10,387.34
Shop Tools	$	3,796.89
Shop Tools	$	3,569.88
Battery Packs & Charger - Mine Rescue	$	2,318.50
Mine Rescue Equipment	$	9,685.62
Pipe to Pumphouse	$	6,600.00
Water Line Extension	$	7,162.50
4 Surface Parts Washers	$	1,499.99
Miter Band Saw	$	1,132.41
50 Ton Iron Worker	$	1,875.40
Table Saw	$	1,593.94
Repair Shops	$	14,489.80
Plant Heating System	$	41,042.26
Xxxxxxxx Fire System	$	2,990.35
30 Unit Charger	$	3,127.50
30 Unit Charger	$	1,817.63
20 Battery Packs w/Lamps	$	2,600.00
21 Battery Packs w/Lamps	$	2,600.00
5000 Lb Pallet Scale	$	455.00
Radio System	$	2,702.28
Total Surface Equipment	$	121,447.27

Case 09-20178-TLM Doc 18-1 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc

Schedules B D E Page 13 of 28


2000 Chevy Suburban	$	5,314.96
2000 GMC 2500 Crew Cab	$	3,794.56
1998 Dodge Truck	$	2,000.00
Flatbed for Dodge Pick-up	$	300.00
1968 Boom Truck	$	875.00
1999 Chevy Truck	$	1,750.00
1996 Ford Explorer	$	875.00
1997 Chev. Pick-up	$	1,500.00
Flat Bed Trailer	$	200.00
Flatbed for Truck	$	400.00
2000 Ford F250 PU	$	4,207.29
Northwind, 1981 caterpiller 966C	$	5,375.00
Xxxx Fork Lift	$	9,540.00
Diesel Forklift with Paperhead	$	3,971.03
Street Sweeper	$	1,300.00
Water Truck	$	1,187.50
1991 GMC Xxxxx	$	500.00
Total Vehicles	$	43,064.70

Total	$	1,480,937.09

Case 09-20178-TLM Doc 18-1 Filed 03/18/09 Entered 03/18/09 17:22:03 Desc

Schedules B D E Page 14 of 28

APPENDIX “H”

TAILINGS IMPOUNDMENT FACILITY

EQUIPMENT AND IMPROVEMENTS

The following is a list of equipment and improvements for the Sunshine Mine tailings impoundment facility.


Item	Capitalized Amount
Tank	$	4,475.00
Tank	$	802.50
Flygt 30HP Submersible Pump	$	1,911.81
Lightning Mixer (Pond)	$	517.25
Water Treatment / Tails	$	53,176.25
2 Atlas Pumps	$	14,123.75
Pump Controls	$	3,930.00
Freight	$	981.00
2 Portable Water Treatment Units	$	30,600.00
Total Equipment	$	110,517.55

Schedule 2.1(h)

Securities Accounts and Marketable Securities

Accounts

X.X. Xxxxxxxx and Co.: Account No. 00000000

Pennaluna & Company: Account No. LT5-114979

Sterling Mining Company DIP

Equity Holdings

1150-00

12/31/2009


		Shares			Value
In House
Xxxxxxx	XXXX.XX		106,152	0.51	$	54,137.52
Xxxxxxx	XXXX.XX		8,000	0.51	$	4,080.00
Metropolitan	XXXXX.XX		464,836	0.06	$	27,890.16


Total In House					$	86,107.68
Pennaluna
King Pine Creek	KPCM		33,000	0.01	$	330.00
Manmin LTD	MCAJF		5,000	0.025	$	125.00
Silver Surprize	SLSR		51,500	0.01	$	515.00


Total Pennaluna					$	970.00


DA Davidson
American Silver Mining	ASLM		1,100	0.25	$	275.00
Xxxxxxxx Gold Mines	KMGM		10,000	0	$	—
Mascot Silver Lead Mines	MSLM		350,000	0.02	$	7,000.00
Merger Mines	MERG		4,500	0.08	$	360.00
Mineral Mountain Mining	MMMM		10,000	0.135	$	1,350.00


Total DA Davidson					$	8,985.00


Total					$	96,062.68


Balance as of 9/30/2009					$	95,966.56

Net Change					$	96.12

Schedule 2.1(j)

Contracts

1.	Agreement & Assignment by and between Sterling Mining Company and New Jersey Mining Company, dated April 20, 2006

2.	Agreement by and among U.S. Silver Corporation (as successor to Coeur d’Xxxxx Xxxxx Corporation), New Jersey Mining Company (as successor to Plainview Mining Company, Inc.) and Merger Mines Corporation, dated July 26, 1978

3.	Sterling Mining Lease by and between Sterling Mining Company and Silver Valley Resources Corporation, dated April 23, 1996

4.	Lease Agreement by and between Cedar Creek Properties Inc. and Sterling Mining Company, dated Xxxxx 00, 0000

Xxxxxxxx 6.6

Legal Descriptions of Leased Real Property

Legal Description of Sunshine Leasehold Property

447230

REAL PROPERTY AND PERSONAL PROPERTY DESCRIPTION

No property subject to this lease may be moved, sold or otherwise disposed of without written permission of Sunshine until such time as Sterling exercises its option to purchase.

The properties described here are subject to immediate possession by Sterling upon execution of the lease agreement unless otherwise noted.

CONSIL MINE PROPERTY

The ConSil is defined as that area lying south of the fenced area. All fixtures, building, personal property inside those buildings are subject to this lease.

Tailings Pond, Access Roads

Specifically excepted from this lease are the properties lying north of the fenced area, including but not limited to, the Tailings Pond, the property East of the Tailings Pond, and the Property West of the Tailings Pond. However, the mineral rights located under these properties are subject to this lease. Sterling also has the right to use existing roads on the West property for the purpose of accessing the upper access road. If required, the ConSil fenced area will be surveyed by Sunshine.

Sunshine agrees to allow Sterling to use the pond area for mine discharge in the event that the ConSil begins production and during production. Sterling’s use of this area will be subject to all state and federal regulations.

SUNSHINE MINE PROPERTY

This property is generally defined as all properties lying to the south of the lay-down yard. Real and personal property subject to the lease are described below:

1) Area commonly referred to as “lay-down” yard. The northernmost boundary of this property is approximately described as the beginning of the fenced area/ beginning of the pad. All lands lying North of this are not subject to this lease and will remain with Sunshine, who will undertake a survey to delineate the property. Notwithstanding that the lay-down yard is included in this agreement, Sterling agrees to permit Sunshine to utilize this property until such time as Sterling formally notifies Sunshine of its need for the premises. This notification will occur no sooner than 90 days after ore production begins at the mine facility. All personal property in the lay-down yard remain the property of Sunshine with the exception of the marked electrical transformers and shaft guides.

2) Area commonly referred to as “Core Shed” The land lying inside the fenced area, and the shed along with its contained core samples. Also included are the spare parts for the hoists and processing machines located in the adjacent shed. All other personal property remains the property of Sunshine. Ownership and liability of the waste rock pile will remain with Sunshine.

EXHIBIT D-l

447230

Bus Garage. This property is included in the lease, but the contents and liability for the contents remain with Sunshine.

Between Bus Garage and Assay Lab. Personal property located in this area is retained by Sunshine.

Diamond Drill Shed. Building along with Batteries and core samples are included within this lease. Sunshine retains the right to determine whether the remaining personal properties are included within this lease during a 180 day period subsequent to its execution.

Records Building. The building is included as part of this lease agreement. The contents remain property of Sunshine. Sterling has full access to the contents, but the contents must remain on the Property.

Assay Office. Building and contents are subject to the lease.

Lab. Building and contents are subject to the lease.

Engineering Building. Building and contents are subject to the lease.

Brick Office Building. Building and contents are subject to the lease.

10)

Hoist Room, Compressor Room, and other buildings lying to the south are subject to the lease with the exception of the contents of the Xxxxxxxxx’x Shop.

11)

Oil Room. Building is subject to lease, Sunshine retains the right to determine whether personal properties located within are included within this lease during a 180 day period subsequent to its execution.

12)

Bit Room. Building and Contents are subject to lease.

13)

Machine Shop. Building is subject to lease, Sunshine retains the right to determine whether personal properties located within are included within this lease during a 180 day period subsequent to its execution.

14)

Repair Shop. Building is subject to lease, Sunshine retains the right to determine whether personal properties located within are included within this lease during a 180 day period subsequent to its execution.

15)

Boiler Room. Building and Contents are subject to lease.

16)

Processing Building. Building and Contents are subject to lease.

17)

All Personal property underground is subject to the lease.

EXHIBIT D-2

447230

18)	Sunshine retains the right to determine whether personal properties stored outside are included within this lease during a 180 day period subsequent to its execution.

19)	Sunshine retains the right to determine whether personal properties not specifically identified are included within this lease during a 180 day period subsequent to its execution.

20)	Warehouse. Parts specific to processing and hoisting equipment is included as part of the lease. All other personal property is subject to Sunshine’s right to determine whether they are included within this lease during a 180 day period subsequent to its execution.

21)	Sunshine will designate one forklift as part of this lease.

EXHIBIT D-3

ATTACHEDMENT

CONSIL

The mine property in its entirety, including complete mill facility. The complete underground system including ventilation fans, shaft pumps and air compressors on the Consil site. Electrical transformers and switch gear required to power this equipment.

SUNSHINE MINE

The hoisting facilities with heed-frames, sheave wheels, ropes, muck skips and man cages.

Main ventilation fans should remain in place and operational.

Air compressors come with the mine.

The mill facility must remain complete and fully functional and includes crushers. The back fill (sand Plant must remain as part of mill.

Any electrical transformers and switch gear required to power remaining infrastructure.

Any remaining spare parts inventory specific to fixed equipment will be included in the purchase.

EXHIBIT “E”

Legal Description of Xxxxxxx Leasehold Property

Case 09-20178-TLM Doc 226 Filed 06/30/09 Entered 06/30/09 16:17:32 Desc Main

Document Page 23 of 25

Xxxxxxx Mining Company Property

Xxxxxxx Group


Patented Claim Name		Mineral Survey Number

Xxxxx XxXxxxxx Xxxxxxxx Step and Half Xxxxxxx Protection Lode		2083 0000 0000 0000 2083 2083

EXHIBIT “A”

Case 09-20178-TLM Doc 226 Filed 06/30/09 Entered 06/30/09 16:17:32 Desc Main

Document Page 24 of 25

Xxxxxxx Mining Company

Bismark Group


Patented Claim Name		Mineral Survey Number

Bismark #1 Bismark #3 New York		3320 3320 3319

EXHIBIT “B”

Case 09-20178-TLM Doc 226 Filed 06/30/09 Entered 06/30/09 16:17:32 Desc Main

Document Page 25 of 25

Xxxxxxx Mining Company

Mineral Mountain Group

Xxxxxxx Mining Company owns an undivided 1/3^rd interest in all minerals located in and on the following claims:


Patented Claim Name		Mineral Survey Number

Dipper Monitor Little Giant Instructive		3310 3240 3240 3240

EXHIBIT “C”

Legal Description of Mineral Mountain Leasehold Property

Case 09-20178-TLM Doc 228 Filed 06/30/09 Entered 06/30/09 16:34:47 Desc Main

Document Page 23 of 23

Mineral Mountain Mining and Milling Company’s Patented Claims


Patented Claim Name		Mineral Survey Number

Dipper Monitor Little Giant Instructive		3310 3240 3240 3240

EXHIBIT “A”

Legal Description of Metropolitan Leasehold Property

Case 09-20178-TLM Doc 229 Filed 06/30/09 Entered 06/30/09 16:40:42 Desc Main

Document Page 11 of 12

Metropolitan Mining Company Limited Land Ownership

Table 1: Metropolitan’s unpatented mineral lode claims.


Serial No	Claim Xxxx/Xxxxxx	Xxxxxx	Xx Xxx Xxx Xxx
XXX00000	XXXX G	SHOSHONE	08 0480N 0030E 023
IMC22332	LAUREL	SHOSHONE	08 0480N 0030E 022
IMC22358	GRANT	SHOSHONE	08 0480N 0030E 022
IMC22359	XXXXXX	SHOSHONE	08 0480N 0030E 022
IMC22360	KING	SHOSHONE	08 0480N 0030E 022
IMC22361	XXXX NO 1	SHOSHONE	08 0480N 0030E 022
IMC22362	XXXX NO 2	SHOSHONE	08 0480N 0030E 022
IMC22365	XXXXXXXX	SHOSHONE	08 0480N 0030E 022
IMC22369	SAXON	SHOSHONE	08 0480N 0030E 023
IMC22373	STEDEBAKER	SHOSHONE	08 0480N 0030E 023
IMC22374	TOUGH GOING	SHOSHONE	08 0480N 0030E 022
IMC22376	UTICA	SHOSHONE	08 0480N 0030E 022
IMC22377	XXXXX	SHOSHONE	08 0480N 0030E 022
IMC22379	NI WOT	SHOSHONE	08 0480N 0030E 022
IMC22380	BOSTON FRACTION	SHOSHONE	08 0480N 0030E 022

Table 2: Metropolitan’s Patented mineral lode claims,

only partially owned by Metropolitan in Shoshone County

Name

Survey Number

Xxxxxxxx

Xxxxxx

3272

Exhibit “1”

Case 09-20178-TLM Doc 229 Filed 06/30/09 Entered 06/30/09 16:40:42 Desc Main

Document Page 12 of 12

Unpatented claims to be conveyed to Metropolitan, to be subject to the provisions of the Agreement:


Serial Xx	Xxxxxx Xx	Xxxxxx	Xx Xxx Xxx Xxx
XXX000000	COMNER	SHOSHONE	08 0480N 0030E 027
XXX000000	PEARL	SHOSHONE	08 0480N 0030E 027
IMC186436	IZARD	SHOSHONE	08 0480N 0030E 028
XXX000000	IZARD FR.	SHOSHONE	08 0480N 0030E 027
IMC186441	XXXXX	SHOSHONE	08 0480N 0030E 027
IMC186442	XXXX	SHOSHONE	08 0480N 0030E 027
IMC186091	MET #2	SHOSHONE	08 0480N 0030E 022
IMC186092	MET #1	SHOSHONE	08 0480N 0030E 022
IMC186093	MET #5	SHOSHONE	08 0480N 0030E 022
IMC185847	MET #4	SHOSHONE	08 0480N 0030E 022
IMC185848	MET #3	SHOSHONE	08 0480N 0030E 022
IMC186088	MET #8	SHOSHONE	08 0480N 0030E 027
IMC186089	MET #6	SHOSHONE	08 0480N 0030E 022
IMC186090	MET #7	SHOSHONE	08 0480N 0030E 027
IMC186094	MET #10	SHOSHONE	08 0480N 0030E 027
IMC186095	MET #11	SHOSHONE	08 0480N 0030E 022
IMC186451	XXXXXXXX	SHOSHONE	08 0480N 0030E 028
XXX000000	XXXXXXXX FR.	SHOSHONE	08 0480N 0030E 027
IMC186482	MET #1 FR.	SHOSHONE	08 0480N 0030E 022
XXX000000	MET #13 FR.	SHOSHONE	08 0480N 0030E 022
IMC186484	MET #12	SHOSHONE	08 0480N 0030E 028
IMC186485	MET #13	SHOSHONE	08 0480N 0030E 022
IMC186487	MET #14	SHOSHONE	08 0480N 0030E 021
IMC186900	METROPOLITAN 2 FRACT	SHOSHONE	08 0480N 0030E 022
IMC186901	METROPOLITAN	SHOSHONE	08 0480N 0030E 022

Claims, In addition to the above which were previously a part of the Destroyer Group, to be conveyed to Metropolitan, to be subject to the provisions of the Agreement:


IMC186453		XXXXXXX (ptn.)
IMC186455		XXXXXXX (ptn.)
IMC186456		MALLIGAN (ptn.) (was previously Xxxxxxxx)
XXX000000		XXXXXXX # 0 (xxx.)
XXX000000		MET #12 (ptn. of new claim)
IMC186487		MET #14 (ptn. of new claim)
IMC186488		MET #15 (ptn. of new claim)
IMC186489		MET #16 (ptn. of new claim)
IMC186490		MET #17 (ptn. of new claim)
IMC186491		MET #18 (ptn. of new claim)
XXX000000		XXXXXXXX #0 (xxx.)
XXX000000		COLBERT 2 (ptn.)

Exhibit “2”

Lode Mining Claims Listed in the Metropolitan Agreements

But Not Otherwise Listed in Exhibit “1” to the Metropolitan Lease


Claim Name		County

B Lode		Shoshone

Xxxx		Shoshone

Xxxxxx		Shoshone

Garden		Shoshone

Hopeful		Shoshone

K Lode		Shoshone

Laurel Xxxx.		Xxxxxxxx

Xxxx Xx. 0		Xxxxxxxx

Xxxxxxx		Shoshone

Model		Shoshone

Overland		Shoshone

Pearl		Shoshone

Xxxxxx		Shoshone

Xxxxxxx		Shoshone

Star		Shoshone

Sterling Silver		Shoshone

Travel Frac.		Shoshone

Xxxxxxx		Shoshone

Wolfton Xx. 0		Xxxxxxxx

Xxxxxxx Xx. 0		Xxxxxxxx

Xxxxxxx Xx. 0		Shoshone

Wolfton Xx. 0		Xxxxxxxx


Xxxxxxx Xx. 0		Xxxxxxxx

Xxxxxxx Xx. 0		Shoshone

Wolfton No. 7		Shoshone

Legal Description of Rock Creek Leasehold Property

Case 09-20178-TLM Doc 230 Filed 06/30/09 Entered 06/30/09 16:46:09 Desc Main

Document Page 28 of 38

DESCRIPTION OF PROPERTY

A. Unpatented Mining Claims:


IMC#		Claim Name
186366		G12
186367		C.R.
186368		Xxxx Mae
186369		Silver Coin
186370		Nook
186371		Blue Xxx
186372		Woodcutter
186373		Flora
186374		F-l
186375		BJF
186376		BJ Extension
186377		Silver Dollar
186378		Xxxx Xxxxx Xxx. #0
000000		X.X.X. Xx. 0
000000		X.X.X. Xx. 0
000000		X-0
186382		Grey Copper #1
186383		D-l
186384		D-7
186385		D-8
186386		X-0
000000		X.X. - 00
000000		R.C. - 80
186389		R.C. - 81
186390		R.C. - 81B
186391		R.C. - 92B

B. Patented Mining Claims:

Cape Nome – Mineral Survey Number 1482

EXHIBIT “A”

Page 1 of 1

Schedule 6.7

Monetary Defaults under Real Property Leases


Real Property Lease	Default(s) Cured	Default(s) Outstanding and to be paid on the Asset Purchase Closing Date¹

Mining Lease and Agreement dated June 6, 2003 by and between Sterling Mining Company and Sunshine Precious Metals, Inc., as amended by Amendment to Mining Lease and Agreement dated February 15, 2006	EPA/Coeur d’Alene Tribe Settlement amount of $1,250,000	[Unpaid lease payments of $140,000 ($10,000 monthly lease payments unpaid from March 2009)] [Lien for $99,408.51 (plus interest, costs and attorney fees) filed 9/17/08 by Atlas Mining Company] [Lien for $131,526.62 (plus interest, costs and attorney fees) filed 6/30/08 by Xxxxxx Sales & Engineering] [Lien for $22,302.24 (plus interest, costs and attorney fees) filed 12/23/09 by Xxxxxx, Xxxxx & Bury, P.S. against Sunshine Precious Metals, Inc.]

Mining Lease and Agreement dated February 4, 2004 by and between Sterling Mining Company and Xxxxxxx Mining Company	Lease payments of [$11,400 ($600 monthly lease payments beginning October 2008)]

Mining Lease and Agreement dated February 25, 2004 by and between Sterling Mining Company and Mineral Mountain Mining and Milling Company	Lease payments of [$7,200 (annual lease payments of $3,600 due each February since February 2009)]

¹	Estimates as of the Execution Date. Debtor’s counsel to confirm such amounts.


Agreement dated September 16, 2004 by and between Sterling Mining Company and Metropolitan Mines Corporation, Limited		Lease payments of [$14,000 (monthly lease payments beginning March 2009)]

Mining Lease dated March 1, 2006 by and between Sterling Mining Company and Rock Creek Mining Company		Lease payments of [$7,000 (monthly lease payments beginning March 2009)]

Schedule 6.8(a)

Disclosures Regarding Reserve Report

After the date of the Reserve Report, Seller has rejected the following leases of real property:

Mining Lease and Agreement between Seller and Merger Mines Corporation dated July 20, 2004;

Mining Lease and Purchase Agreement between Seller and Xxxxx X. Xxxxxxxxx and Xxxxx X. Xxxxx dated January 18, 2006;

Mining Lease Agreement between Seller and Shoshone Business Center effective September 26, 2005;

[Shoshone Silver Mining Company Lease];

[New Jersey Mining Lease]; and

[Western Continental Lease]

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ASSET PURCHASE AGREEMENT among STERLING MINING COMPANY and SILVER OPPORTUNITY PARTNERS LLC Dated as of April 21, 2010

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