EMPLOYMENT AGREEMENT Atlas Mining Company has herein agreed to hire William T. Jacobson, as president and chief executive officer of Atlas Mining Company for a yearly compensation of $72,000.00. Signed this 19th day of January, 1999. /s/ Kurt J....

                              EMPLOYMENT AGREEMENT



Atlas Mining Company has herein agreed to hire Xxxxxxx X. Xxxxxxxx, as president
and chief executive officer of Atlas Mining Company for a yearly compensation of
$72,000.00.



Signed  this  19th  day  of  January,  1999.

/s/  Xxxx  X.  Xxxxxxx
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For  Atlas  Mining  Company