MINING LEASE AND AGREEMENT - HOG RANCH
MINING LEASE AND AGREEMENT - HOG RANCH
THIS LEASE AND AGREEMENT (the "Agreement"), made this 15th day of November, 2000 by and between PLATORO WEST INCORPORATED, a Nevada corporation, (hereinafter called "Owner") and SEABRIDGE RESOURCES INC., a company incorporated under the laws of the Province of British Columbia, Canada (hereinafter called "Seabridge"):
WITNESSETH:
1.
Owner represents that subject to the paramount title of the United States, he is the sole and only owner of the unpatented mining claims, situated in Washoe County, Nevada, described on Exhibit A attached hereto and incorporated herein (hereinafter referred to as the "Property"); that each of the unpatented claims included in the Property has been validly located, filed and recorded in compliance with the laws of the State of Nevada and of the United States as they relate to location and recordation of such claims; that Owner has timely complied with all of the filing provisions of the Federal Land Policy and Management Act (43 U.S.C. Section 1701, et seq.) as they pertain to the unpatented claims included within the Property and that said claims are valid and subsisting mining claims; that Owner has performed assessment work upon said claims through the assessment year ended September 1, 2000, and will record and file proof thereof, all of which work, recordings and filings have been completed in accordance with the applicable state and federal statutes pertaining to assessment work; that Owner has fully and timely paid the holding fees, if any, required to maintain the unpatented mining claims to the date of this Agreement; that Owner's rights in the Property are not subject to any prior agreement, encumbrance, burden or restriction, created by any act or instrument of Owner; that to the best of Owner's knowledge, the Property is free from liens and encumbrances and other adverse claims by third parties; and that the Property is not burdened with any royalties, overriding royalties, net profits interests or payments on production except for those which are fully described as Attachment A hereto, which shall remain the exclusive responsibility of Owner.
2.
Owner hereby grants, lets and leases exclusively to Seabridge the Property, for the term hereof, together with all ores and minerals of every kind, except oil and gas, in, on or under the Property, with the exclusive right to prospect and explore for, mine by any method now known or hereafter discovered (including, but not limited to, underground, open pit, in-situ and solution methods), process by any method know known or hereafter discovered, mill, prepare for market, store, sell and dispose of the same; and together with all such rights-of-way, easements, water and water rights, geothermal water and geothermal resources, of every kind and nature, through, over, on or appertaining to the Property, to the extent that he can, and the right to erect, maintain and operate thereon and therein, buildings, structures, machinery and equipment, and the right to use, occupy and disturb so much of the surface of the Property as Seabridge may determine to be useful, desirable or convenient for the exercise by Seabridge of any and all of its rights hereunder, and the right in its sole discretion to exercise any rights or options of Owner with respect to the Property or any portion thereof under any law or regulation hereafter enacted, including but not limited to the right to convert any or all of the unpatented claims included in the Property and the other rights described in Section 7 herein. In the event Owner acquires any additional rights, titles or interests
3.
in the Property after the execution of this Agreement, or locates any additional unpatented mining claims within the "Area of Interest" as more particularly described in Exhibit B attached hereto, all such additional rights, titles and interests shall be subject to this Agreement.
1.
If Owner's title is less than as stated in Section 1 hereof or is subject to a superior adverse interest, all payments, including Advance Royalty and Production Royalty payments, without limitation, to be made to Owner hereunder shall be reduced to the same proportion thereof as the undivided interest in the Property solely owned by Owner bears to the entire interest in the Property.
Seabridge shall have sole discretion to determine the extent of its work, if any, on the Property and the time or times for beginning, continuing or resuming such work thereon. All activities carried out by Seabridge under this Agreement shall conform with the laws and regulations of the State of Nevada and the United States.
Seabridge shall indemnify and hold harmless Owner from all liability, including attorneys fees and costs, arising out of Seabridge's exploration and other activities hereunder, including but not limited to environmental and reclamation liabilities under existing and future laws and regulations. The indemnity set forth herein shall survive termination or expiration of this Agreement.
Owner shall indemnify and hold harmless Seabridge, its officers, directors, shareholders, employees and affiliates from any and all claims, demands and liabilities whatsoever arising from or in connection with Owner's operations or activities upon the Property which were conducted prior to the date of this Agreement, including, without limitation, surface and underground disturbances (including, but not limited to, underground workings, waste dumps, tailings, roads, drill holes and drill pads) and reclamation obligations. The indemnity set forth herein shall survive termination or expiration of this Agreement.
2.
The term of this Agreement shall begin with the date hereof and shall continue to and until the twentieth (20th) anniversary of such date and so long thereafter as Seabridge continues to make advance royalty or production royalty payments, but subject to earlier termination as provided in this Agreement. After termination of this Agreement, Seabridge shall have the right of ingress and egress from the Property and the right to complete such reclamation and restoration of the Property and to make such inspections as may be required by law, for so long after termination of this Agreement as is necessary to complete all such reclamation, restoration and inspections.
3.
Upon execution of this Agreement, Seabridge shall pay Owner $30,000 in cash and issue Owner 500,000 shares of its Common Stock. Seabridge will issue Platoro a further 500,000 common shares upon the earlier of (i) confirmation by an independent third party of a measured and indicated gold reserve of more than 1.0 million ounces, (ii) completion of a positive bankable feasibility study which demonstrates a mine capable of producing at least 100,000 ounces of gold per annum, or (iii) the sale or transfer of at least 50% of the project to a non-affiliated third party.
4.
Additionally, unless and until this Agreement is terminated, Seabridge shall pay Owner Advance Royalty payments in accordance with the following schedule:
Advance Royalty Payment | Payable on or before | |
$ 10,000 | On November 15, 2004; | |
$ 12,500 | On November 15, 2005; | |
$ 15,000 | On November 15, 2006; | |
$ 17,500 | On November 15, 2007; | |
$ 20,000 | On November 15, 2008; | |
and each January 15 thereafter. |
All Advance Royalty payments payable to Owner pursuant to this paragraph shall not be recoverable against Seabridge's right to acquire 40% of Owner's Production Royalty interest more fully described below.
Seabridge shall pay to Owner a Production Royalty based on the price of gold follows:
Production Royalty Rate | Gold Price Per Ounce | |
3.0 | % of gross proceeds | less than $300.00 |
3.5 | % of gross proceeds | $300.00 to $379.99 |
4.0 | % of gross proceeds | $380.00 to $439.99 |
4.5 | % of gross proceeds | $440.00 to $499.99 |
5.0 | % of gross proceeds | over $500.00 |
In addition, Seabridge shall pay Owner 3.5% of Gross Proceeds received by Seabridge from any other metals, other than gold, from the Property.
Gross Proceeds shall be calculated for each calendar quarter in which Gross Proceeds are realized, and such royalty payments as are due Owner hereunder shall be made within thirty (30) days following the end of the calendar quarter in which the Gross Proceeds were realized. Such payments shall be accompanied by a statement summarizing the computation of Gross Proceeds.
Quarterly royalty payments will be provisional and subject to adjustment at the end of Seabridge's accounting year. If no written objection is made by Owner to the correctness of a royalty payment or its accompanying statement within two years from the date of such payment, such statement shall be conclusively deemed to be correct and such royalty payment sufficient and complete, and no exception or claim for adjustment shall thereafter be permitted.
The term "Gross Proceeds" as used herein shall mean the dollar amount actually received by Seabridge from the sale of minerals from the Property.
All payments and royalties payable hereunder may be made by Seabridge's check, and delivery thereof shall be deemed completed on the mailing thereof to Owner or any third party as directed by Owner.
In addition, during the term of this Agreement, Seabridge shall pay to Owner a Production Royalty on the same terms as above from the sale of minerals from any unpatented mining claims located by Seabridge within the "Area of Interest" as more particularly described in Exhibit B attached hereto and incorporated herein. Any such claims located by either party within the "area of interest" shall become a part of and subject to the terms of this agreement.
At anytime during the term of this Agreement, Seabridge shall have the right, but not the obligation, to purchase 40% of the Production Royalty for $2,000,000. For clarification, should Seabridge elect to purchase 40% of the Production Royalty, the Production Royalty Rates detailed above will be reduced by 40%. Any and all Production Royalty payments made by Seabridge under the terms of this Agreement, after production has commenced, will be credited against the $2,000,000 payment.
6. If required by state or federal law, Seabridge shall perform annual labor or assessment work for the benefit of the Property, pay any maintenance, rental, holding fee or other payment required to maintain the Property, or both, for every assessment year thereafter in which Seabridge continues this Agreement beyond June 1st of the assessment year. If any such law permits the performance of assessment work or annual labor in lieu of making all or a portion of any such payment, Seabridge shall determine whether to make such payment, perform such work or labor, or both. If required by state or federal law, Seabridge shall pay any location fee or payment required to relocate any unpatented mining claim or mill site included in the Property that Seabridge determines under Section 7 should be relocated. For each assessment year in which Seabridge performs annual labor or assessment work or makes any such payment, it shall record or file any affidavit or statement of such compliance required by federal or state law.
Seabridge shall have the benefit of all laws now or hereafter enacted which relate to annual labor or assessment work or any payment required by this Section, including any laws extending the time within which to comply with such requirements, suspending such requirements, or exempting the Property from such requirements, so that Seabridge's obligations under this Section are limited to compliance with state and federal laws regarding such requirements in effect from time to time during the term of this Agreement. Seabridge shall be relieved of its work or labor obligations under this Section for any period in which Seabridge's access to the Property is impeded by access force majeure under Section 14.
During the term of this agreement Seabridge shall have the right to abandon any individual claim or groups of claims from the Property, provided, however, that the total number of claims that comprise the Property does not fall below 50. In the event Seabridge elects to abandon any claims from the Property, written notice must be provided to Owner prior to June 1 of each assessment year.
7. Upon request, Owner shall make available such abstracts of title and other title records pertaining to the Property which he may have to aid Seabridge in any title searching it may wish to undertake. Seabridge may, but shall have no obligation to, investigate and cure as it sees fit any defects in title to the Property which Owner fails to remedy after notice by Seabridge. Owner shall cooperate fully with Seabridge in the curing of any such title defect, and Seabridge shall reimburse Owner for Owner's actual expenses resulting from its cooperation in this effort.
Seabridge may, but shall have no obligation to, investigate and cure as it sees fit any defects in the title, location, recordation or filing of the unpatented mining claims comprising the Property, and Owner shall cooperate fully with the curing of said deficiencies at the expense of Seabridge. Additionally, Owner authorizes Seabridge, at its discretion, to relocate, amend, restake, refile and rerecord any particular mining claim or claims in the Property or documents associated therewith. Where required for restaking or relocation, Owner shall execute notices of abandonment of mining claims, and, in turn, Seabridge agrees that any location, relocation, restaking or location of fractions within the perimeter of the claim block, of the Area of Interest shall be accomplished in Owner's name.
Owner shall apply for a patent for any of the unpatented mining claims upon the request of Seabridge. All expenses authorized by Seabridge in connection with prosecuting patent proceedings shall be borne by Seabridge; and the rights of Seabridge under this Agreement shall extend to any patented mining claims Owner receives by virtue of such patent proceedings, and to any amended location and relocation of the unpatented claims.
Seabridge and Owner recognize that legislation to amend the mining laws of the United States or the state of Nevada may be enacted during the term of this Agreement and that any such legislation, if enacted, will likely contain provisions affecting owners or holders of existing unpatented mining claims, including but not limited to provisions (i) permitting or requiring conversion of existing unpatented claims to a new type of mining claim or interest, (ii) permitting or requiring owners or holders of existing mining claims to comply with some or all of the requirements of such amended mining laws, or (iii) permitting or requiring owners or holders of existing mining claims to commence patent proceedings within a specified period of time ("Claim Holder Rights"). For all purposes of this Agreement, Owner grants to Seabridge all Claim Holder Rights now or hereafter vested in Owner, whether contained in federal legislation, regulations promulgated thereunder or similar state laws or regulations, together with Owner's rights to enforce any existing rights to the Property or any Claim Holder Rights against any third party, or to litigate or contest any such existing rights or Claim Holder Rights before any court or administrative agency. Seabridge may, but shall have no obligation to, exercise such rights as to any, all or none of the mining claims included in the Property, at any time and from time to time, in Seabridge's sole discretion. Owner shall cooperate in Seabridge's exercise of such rights, including without limitation by executing required forms or documents, participating in any action or proceeding relating to such rights or allowing any such action or proceeding to be taken or prosecuted in Owner's name.
If the United States or any third party attacks the validity of the mining claims included in the Property, Seabridge may, but shall have no obligation to, defend their validity.
1.
Without limiting the generality of the rights granted in Section 2 above, Owner hereby grants Seabridge the right to mine or remove from the Property any ores, waste, water or other materials existing therein or thereon, through or by means of shafts or openings which may be sunk or made upon adjoining or nearby property controlled by Seabridge, and may stockpile any ores, waste or other materials and/or concentrated products of ores or materials from the Property upon stockpile grounds situated upon any such adjoining or nearby property; and Seabridge may use the Property and any part thereof and any shafts, openings, and stockpile grounds, sunk or made thereon for the mining, removal and/or stockpiling of any ores, waste, water and other materials and/or concentrated products of ores or materials from any such adjoining or nearby property, or for any purpose or purposes connected therewith, not, however, permanently preventing the mining or removal of ore from the Property.
Seabridge may commingle ore from the Property with ore from other properties, either before or after concentration or beneficiation, so long as the data to determine the weight and assay, both of the ore removed from the Property and of other ores to be commingled, are obtained by Seabridge. Seabridge shall use that weight and assay data to allocate the royalties from the commingled ore between the Property and other properties from which the other commingled ore was removed. All such weight, assay and allocation calculations by Seabridge shall be done in a manner recognized by the mining industry as practical and sufficient.
Owner shall be entitled to splits of drill core and drill cuttings from the project, provided that the samples are not required for project evaluation. Owner will also be provided with copies of the project documents previously prepared by Western Mining Company, and at Owner's request, any other original project documents or copies prepared prior to Seabridge's involvement in the project, provided they are not required for project valuation. Upon production commencement, if any, Owner will be entitled to select and collect 200 pounds of select ore from the mine subject to the inspection provisions of 9 below. The removal of this ore will have no monetary effect on any of the provisions of this mining lease and agreement between the parties. Production taxes and or governmental royalties, if any, shall be the sole responsibility of Seabridge. Additionally, Owner will have the right to name the mine and certain features of the mine (i.e. shafts, veins, etc.).
2.
Seabridge's records of all mining operations on the Property pertinent to computation of royalties shall be available for Owner's inspection upon reasonable advance notice and during normal business hours, but no more than once each quarter. Seabridge shall maintain adequate records concerning mining operations so that the amount of gold, or other metal, having been produced from each of the claim block groups on the Property may be independently calculated. Owner may enter the mine workings and structures on the Property at all reasonable times upon reasonable advance notice for inspection thereof, but Owner shall so enter at his own risk and shall indemnify and hold Seabridge harmless against and from any damage, loss or liability by reason of injury to Owner or his agents or representatives or damage to or destruction of any property of
3.
Owner or said agents or representatives while on the Property on or in said mine workings and structures.
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Upon termination of this Agreement Seabridge shall furnish Owner with a complete summary of the factual information obtained as a result of work done by Seabridge on the Property including, but not limited to, logs of all holes drilled thereon, ore values encountered, if any, analyses thereof and pertinent maps and surveys prepared by Seabridge in the course of such work. Seabridge shall authorize and permit Owner to take possession of any available drill core, pulps, chips, or cuttings obtained from the Property. Seabridge makes no representation or warranty, expressed or implied, as to the accuracy of any information or data made available to Owner hereunder or to the fitness or suitability of such information or data for any purpose.
1.
If Seabridge defaults in any of its obligations hereunder, Owner may give Seabridge written notice thereof and specify the default or defaults relied on. If Seabridge has not begun to cure such default within a reasonable time after receipt of such notice (which shall not, in any case, be less than 30 days), Owner may terminate this Agreement by written notice to Seabridge; provided that if Seabridge shall dispute that any default has occurred, the matter shall be determined by litigation in a court of competent jurisdiction, and if it is found to be in default hereunder, Seabridge shall have a reasonable time (which in any case shall not be less than 60 days from receipt by Seabridge of notice of entry of final judgement adverse to Seabridge) to cure such default, and if so cured, Owner shall have no right to terminate this Agreement by reason of such default. However, in the event the claim of default is failure to make annual payments when due, Seabridge shall cure such payment default within 15 days after notice of default is given, or else this Agreement will terminate.
2.
The terms of this Agreement may be extended or the Agreement terminated in the case of an event of force majeure in accordance with the following:
a.) The term of this Agreement shall be extended by any event of force majeure, and the obligations of Seabridge under this Agreement, except for the payment of money, shall be suspended and Seabridge shall not be deemed in default or liable for damages or other remedies while Seabridge is prevented from complying therewith by force majeure. For purposes of this agreement, force majeure shall include, but not be limited to: acts of God; the elements; acts of War, insurrection, riots or terrorism; strikes, lockouts and other labor disputes; inability to obtain necessary materials or obtain permits, approvals or consents; damage to, destruction or unavoidable shutdown of necessary facilities or equipment; acts or failures to act on the part of local, state, federal or foreign governmental agencies or courts, or of Indian tribes; or any other matters (whether or not similar to those mentioned above, and whether foreseeable or unforeseeable) beyond Seabridge's reasonable control; provided, however, that settlement of strikes, lockouts and other labor disputes shall be entirely within the discretion of Seabridge; and provided further that Seabridge shall promptly notify other parties to this Agreement and shall exercise diligence in an effort to remove or overcome the cause of such inability to comply.
b.) In entering into this Agreement, the parties assume that Seabridge's access to the Property is and will continue to be unrestricted. Seabridge's reasonable belief that the actions or inactions of any local, state or federal governmental agency or court, of any Indian tribe, or of any officer or official acting under color of governmental authority, might prevent or impede access to
the Property, or otherwise limit Seabridge's ability to operate thereon, shall be considered an event of force majeure for purposes of this Agreement, and shall be referred to as an "access force majeure." If an access force majeure occurs, Seabridge shall have the right either: 1.) to suspend this Agreement for a period not to exceed two years, without payment or penalty, while the access force majeure is in effect, provided, however, that Seabridge shall resume operations on the Property within a reasonable time after access to the Property is no longer restricted, and further provided that Seabridge shall perform assessment work on the Property during such period of suspension to the extent required by Section 6 herein unless Seabridge is prevented by such access force majeure from performing such assessment work; or 2.) to terminate this Agreement, without payment or penalty, if in Seabridge's sole discretion the Property shall be inaccessible or otherwise unavailable for exploration during the current or subsequent field season. In determining "reasonableness," Seabridge shall be under no duty to contest the governmental agency or court action or inaction by protest, petition, appeal or any other means.
1.
In case of termination of this Agreement under the terms hereof or for any cause, Seabridge shall have no liability or obligation hereunder except for those, including reclamation obligations, already accrued at such date of termination. Upon such termination, Seabridge shall surrender the Property to Owner, and upon his request shall deliver to him a written instrument in further evidence of such teitnination, in appropriate form for recording. Seabridge shall have the right but not the obligation, to remove from the Property all property belonging to or installed by it, including but not limited to machinery; equipment; buildings; structures; fixtures; ores, waste, and other materials; and concentrated products of ores or other materials. However, any property not removed within two years from the date of termination, will become the property of Owner.
2.
Changes in the ownership of the Property or the rights to receive royalties hereunder occurring after delivery of this Agreement shall not be binding upon Seabridge until it shall receive written notice of such change, signed by Owner, together with a certified copy or photographic copy of the recorded documents reflecting such change. No change or division in the ownership of the Property, mineral interests or royalties hereafter accomplished shall operate to enlarge the obligations or diminish the rights of Seabridge hereunder.
3.
All notices hereunder shall be in writing and may be delivered by facsimile transmission with confirmation of receipt, personal delivery to an officer of the party to whom directed, by courier, by express mail, or by certified mail postage prepaid, return receipt requested. Either party may, from time to time, change its address for future notices hereunder by notice in accordance with this Section 17. Notices, all other documents, and payments shall be complete and deemed to have been given or made upon actual receipt or certified attempt to delivery. In the case of facsimile transmission notices shall be deemed to have been given or made when receipt thereof is confirmed by return facsimile transmission.
Such mailed notices shall be addressed to Owner as follows: Platoro West Incorporated
X.X. Xxx 0000
Xxxxxxx, Xxxxxxxx 00000
Or if by courier:
Platoro West Incorporated 0000 Xxxx Xxxxxx
Xxxxxxx, Xxxxxxxx 00000
and to Seabridge, in duplicate, as follows:
Seabridge Resources Inc.
000 Xxxx Xxxxxx Xxxx, 0xx Xxxxx
Xxxxxxx, Xxxxxxx X0X 0X0 Canada
Attention: Xxxx Xxxxx and to:
Seabridge Resources Inc.
Xxxxx 000-000 Xxxx Xxxxxx Xxxxxx
Xxxxxxxxx, X.X. X0X 0 X0 Xxxxxx
Attn: Xxxxxxx Xxxxxxx
1.
"Owner" as used herein includes the plural, if there are more than one, and reference to the Owner in one gender includes the other and the plural when appropriate.
2.
Upon request, Owner shall execute a Memorandum of Mining Lease and Agreement covering the Property for purposes of recording.
3.
The rights and obligations of Owner and Seabridge may be freely assigned in whole or in part. An assignment of this Agreement, in whole or in part, shall, to the extent of such assignment, relieve and discharge Seabridge of its obligations hereunder.
IN WITNESS WHEREOF, the parties have executed this Mining Lease and Agreement as of the day and year first above written.
OWNER:
PLATORO WEST INCORPORATED
By:
Name:
Xxxxxxx-X. Xxxxxxx
Title: President
SEABRIDGE RESOURCES INC.
By:
Name:
Xxxx X. Xxxxx
Title:
President and CEO
STATE OF COLORADO | ) ) ss. |
COUNTY OF LA PLATA | ) |
On January 16 , 2001, personally appeared before me, a Notary Public,
Xxxxxxx X. Sheriff, President of Platoro West Incorporated, a Nevada corporation, personally known or proved to me to be the person whose name is subscribed to the above instrument who acknowledged to me that he executed instrument on behalf of the corporation.
____________________________
Notary Public
My Commission Expires:
10/12/03
PROVINCE OF ONTARIO
On
January 3
, 2001, personally appeared before me, a Notary Public, Xxxx X. Xxxxx, Pres nt of S'EABRIDGE RESOURCES INC., a company incorporated under the laws of the Province of British Columbia, Canada, personally known or proved to me to be the person whose name is subscribed to the above instrument who acknowledged to me that he executed the above instrument, on behalf of the corporation.
![[platorowesthogranchagreem002.jpg]](https://www.sec.gov/Archives/edgar/data/1231346/000121716004000029/platorowesthogranchagreem002.jpg)
My Commission Expires:
![[platorowesthogranchagreem004.jpg]](https://www.sec.gov/Archives/edgar/data/1231346/000121716004000029/platorowesthogranchagreem004.jpg)
EXHIBIT A
Property
Claim Name | Claim # | BLM serial # | Washoe County |
PORK | 27 | 683625 | 1726435 |
PORK | 28 | 683626 | 1726436 |
PORK | 29 | 683627 | 1726437 |
PORK | 30 | 683628 | 1726438 |
PORK | 31 | 000000 | 0000000 |
PORK | 32 | 683630 | 1726440 |
PORK | 33 | 683631 | 1726441 |
PORK | 34 | 683632 | 1726442 |
PORK | 35 | 683633 | 1726443 |
PORK | 36 | 683634 | 1726444 |
PORK | 37 | 683635 | 1726445 |
PORK | 38 | 683636 | 1726446 |
PORK | 40 | 683638 | 1726448 |
PORK | 42 | 683640 | 1726450 |
PORK | 71 | 000000 | 0000000 |
PORK | 72 | 683670 | 1726480 |
PORK | 73 | 683671 | 1726481 |
PORK | 135 | 000000 | 0000000 |
PORK | 137 | 693619 | 1758867 |
PORK | 142 | 693624 | 1758872 |
PORK | 143 | 693625 | 1758873 |
PORK | 144 | 693626 | 1758874 |
PORK | 145 | 000000 | 0000000 |
PORK | 146 | 693628 | 1758876 |
PORK | 147 | 693629 | 1758877 |
PORK | 149 | 693631 | 1758879 |
PBN | 31 | 818474 | 2484252 |
PBN | 32 | 000000 | 0000000 |
PBN | 33 | 818476 | 2484254 |
PBN | 34 | 818477 | 2484255 |
PBN | 83 | 818478 | 2484256 |
PBN | 89 | 818479 | 2484257 |
PBN | 90 | 818480 | 2484258 |
PBN | 92 | 818481 | 2484259 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 94 | 818482 | 2484260 |
PBN | 139 | 818483 | 2484261 |
PBN | 141 | 818484 | 2484262 |
PBN | 143 | 000000 | 0000000 |
PBN | 149 | 818486 | 2484264 |
PBN | 150 | 818487 | 2484265 |
PBN | 22 | 820284 | 2499697 |
PBN | 24 | 820285 | 2499698 |
PBN | 25 | 000000 | 0000000 |
PBN | 26 | 000000 | 0000000 |
PBN | 27 | 820288 | 2499701 |
PBN | 28 | 820289 | 2499702 |
PBN | 29 | 820290 | 2499703 |
PBN | 30 | 820291 | 2499704 |
PBN | 35 | 820292 | 2499705 |
PBN | 36 | 820293 | 2499706 |
PBN | 38 | 820294 | 2499707 |
PBN | 40 | 820295 | 2499708 |
PBN | 42 | 820296 | 2499709 |
PBN | 44 | 000000 | 0000000 |
PBN | 45 | 820298 | 2499711. |
PBN | 46 | 820299 | 2499712 |
PBN | 50 | 820300 | 2499716 |
PBN | 63 | 820301 | 2499717 |
PBN | 64 | 820302 | 2499718 |
PBN | 65 | 820303 | 2499719 |
PBN | 66 | 820304 | 2499720 |
PBN | 00 | 000000 | 0000000 |
PBN | 68 | 820306 | 2499722 |
PBN | 00 | 000000 | 0000000 |
PBN | 70 | 820308 | 2499724 |
PBN | 71 | 820309 | 2499725 |
PBN | 72 | 820310 | 2499726 |
PBN | 73 | 820311 | 2499727 |
PBN | 74 | 820312 | 2499728 |
PBN | 75 | 820313 | 2499729 |
PBN | 76 | 820314 | 2499730 |
PBN | 77 | 820315 | 2499731 |
PBN | 78 | 820316 | 2499732 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 79 | 820317 | 2499733 |
PBN | 80 | 820318 | 2499734 |
PBN | 81 | 820319 | 2499735 |
PBN | 82 | 820320 | 2499736 |
PBN | 84 | 820321 | 2499737 |
PBN | 85 | 820322 | 2499738 |
PBN | 86 | 820323 | 2499739 |
PBN | 87 | 820324 | 2499740 |
PBN | 88 | 820325 | 2499741 |
PBN | 91 | 820326 | 2499742 |
PBN | 93 | 820327 | 2499743 |
PBN | 95 | 820328 | 2499744 |
PBN | 96 | 820329 | 2499745 |
PBN | 98 | 820330 | 2499746 |
PBN | 100 | 820331 | 2499747 |
PBN | 102 | 820332 | 2499748 |
PBN | 103 | 820333 | 2499749 |
PBN | 104 | 820334 | 2499750 |
PBN | 105 | 820335 | 2499751 |
PBN | 106 | 820336 | 2499752 |
PBN | 107 | 820337 | 2499753 |
PBN | 108 | 820338 | 2499754 |
PBN | 111 | 820339 | 2499755 |
PBN | 113 | 820340 | 2499756 |
PBN | 114 | 820341 | 2499757 |
PBN | 115 | 820342 | 2499758 |
PBN | 116 | 820343 | 2499759 |
PBN | 117 | 820344 | 2499760 |
PBN | 118 | 820345 | 2499761 |
PBN | 119 | 820346 | 2499762 |
PBN | 120 | 820347 | 2499763 |
PBN | 121 | 820348 | 2499764 |
PBN | 122 | 820349 | 2499765 |
PBN | 123 | 820350 | 2499766 |
PBN | 124 | 820351 | 2499767 |
PBN | 125 | 820352 | 2499768 |
PBN | 126 | 820353 | 2499769 |
PBN | 127 | 820354 | 2499770 |
PBN | 128 | 820355 | 2499771 |
PBN | 129 | 820356 | 2499772 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 130 | 820357 | 2499773 |
PBN | 131 | 820358 | 2499774 |
PBN | 132 | 820359 | 2499775 |
PBN | 133 | 820360 | 2499776 |
PBN | 134 | 820361 | 2499777 |
PBN | 135 | 820362 | 2499778 |
PBN | 136 | 820363 | 2499779 |
PBN | 137 | 820364 | 2499780 |
PBN | 138 | 820365 | 2499781 |
PBN | 140 | 820366 | 2499782 |
PBN | 142 | 820367 | 2499783 |
PBN | 144 | 820368 | 2499784 |
PBN | 145 | 820369 | 2499785 |
PBN | 146 | 820370 | 2499786 |
PBN | 147 | 820371 | 2499787 |
PBN | 148 | 820372 | 2499788 |
PBN | 151 | 820373 | 2499789 |
PBN | 152 | 820374 | 2499790 |
PBN | 153 | 820375 | 2499791 |
PBN | 154 | 820376 | 2499792 |
PBN | 155 | 820377 | 2499793 |
PBN | 156 | 820378 | 2499794 |
PBN | 159 | 820379 | 2499795 |
PBN | 160 | 820380 | 2499796 |
PBN | 161 | 820381 | 2499797 |
PBN | 162 | 820382 | 2499798 |
PBN | 163 | 820383 | 2499799 |
PBN | 164 | 820384 | 2499800 |
PBN | 165 | 820385 | 2499801 |
PBN | 166 | 820386 | 2499802 |
PBN | 167 | 820387 | 2499803 |
PBN | 168 | 820388 | 2499804 |
PBN | 169 | 820389 | 2499805 |
PBN | 170 | 820390 | 2499806 |
PBN | 224 | 820391 | 2499807 |
PBN | 225 | 000000 | 0000000 |
PBN | 226 | 820393 | 2499809 |
PBN | 227 | 820394 | 2499810 |
PBN | 000 | 000000 | 0000000 |
PBN | 229 | 820396 | 2499812 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 000 | 000000 | 0000000 |
PBN | 231 | 820398 | 2499814 |
PBN | 000 | 000000 | 0000000 |
PBN | 233 | 820400 | 2499816 |
PBN | 234 | 820401 | 2499817 |
PBN | 235 | 000000 | 0000000 |
PBN | 236 | 820403 | 2499819 |
PBN | 000 | 000000 | 0000000 |
PBN | 238 | 820405 | 2499821 |
PBN | 239 | 820406 | 2499822 |
PBN | 307 | 820407 | 2499823 |
PBN | 308 | 820408 | 2499824 |
PBN | 309 | 820409 | 2499825 |
PBN | 310 | 820410 | 2499826 |
PBN | 311 | 820411 | 2499827 |
PBN | 312 | 000000 | 0000000 |
PBN | 313 | 820413 | 2499829 |
PBN | 315 | 820414 | 2499830 |
PBN | 316 | 820415 | 2499831 |
PBN | 317 | 820416 | 2499832 |
PBN | 318 | 820417 | 2499833 |
PBN | 319 | 820418 | 2499834 |
PBN | 320 | 820419 | 2499835 |
PBN | 321 | 820420 | 2499836 |
PBN | 322 | 820421 | 2499837 |
PBN | 323 | 000000 | 0000000 |
PBN | 324 | 820423 | 2499839 |
PBN | 325 | 820424 | 2499840 |
PBN | 326 | 820425 | 2499841 |
PBN | 327 | 820426 | 2499842 |
PBN | 328 | 820427 | 2499843 |
PBN | 329 | 820428 | 2499844 |
PBN | 330 | 820429 | 2499845 |
PBN | 331 | 820430 | 2499846 |
PBN | 341 | 820431 | 2499847 |
PBN | 342 | 000000 | 0000000 |
PBN | 343 | 820433 | 2499849 |
PBN | 344 | 820434 | 2499850 |
PBN | 345 | 820435 | 2499851 |
PBN | 346 | 820436 | 2499852 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 347 | 820437 | 2499853 |
PBN | 348 | 820438 | 2499854 |
PBN | 349 | 820439 | 2499255 |
PBN | 350 | 820440 | 2499856 |
PBN | 352 | 820441 | 2499857 |
PBN | 354 | 000000 | 0000000 |
PBN | 000 | 000000 | 0000000 |
PBN | 358 | 820444 | 2499860 |
PBN | 360 | 820445 | 2499861 |
PBN | 362 | 820446 | 2499862 |
PBN | 364 | 820447 | 2499863 |
PBN | 371 | 820448 | 2499864 |
PBN | 373 | 820449 | 2499865 |
PBN | 375 | 820450 | 2499866 |
PBN | 377 | 820451 | 2499867 |
PBN | 379 | 000000 | 0000000 |
PBN | 381 | 820453 | 2499869 |
PBN | 385 | 820454 | 2499870 |
PBN | 383 | 820455 | 2499871 |
PBN | 386 | 820456 | 2499872 |
PBN | 387 | 820457 | 2499873 |
PBN | 388 | 820458 | 2499874 |
PBN | 389 | 820459 | 2499875 |
PBN | 390 | 820460 | 2499876 |
PBN | 391 | 820461 | 2499877 |
PBN | 392 | 000000 | 0000000 |
PBN | 500 | 820463 | 2499879 |
PBN | 502 | 820464 | 2499880 |
PBN | 000 | 000000 | 0000000 |
PBN | 506 | 820466 | 2499882 |
PBN | 507 | 820467 | 2499883 |
PBN | 508 | 820468 | 2499884 |
PBN | 509 | 820469 | 2499885 |
PBN | 510 | 820470 | 2499886 |
PBN | 511 | 820471 | 2499887 |
PBN | 512 | 000000 | 0000000 |
PBN | 513 | 820473 | 2499889 |
PBN | 000 | 000000 | 0000000 |
PBN | 515 | 820475 | 2499891 |
PBN | 516 | 820476 | 2499892 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 517 | 820477 | 2499893 |
PBN | 518 | 820478 | 2499894 |
PBN | 519 | 820479 | 2499895 |
PBN | 520 | 820480 | 2499896 |
PBN | 521 | 820481 | 2499897 |
PBN | 522 | 000000 | 0000000 |
PBN | 523 | 820483 | 2499899 |
PBN | 524 | 820484 | 2499900 |
PBN | 525 | 820485 | 2499901 |
PBN | 527 | 820486 | 2499902 |
PBN | 529 | 000000 | 0000000 |
PBN | 531 | 820488 | 2499904 |
PBN | 533 | 820489 | 2499905 |
PBN | 535 | 820490 | 2499906 |
PBN | 537 | 820491 | 2499907 |
PBN | 540 | 820492 | 2499908 |
PBN | 000 | 000000 | 0000000 |
PBN | 544 | 820494 | 2499910 |
PBN | 546 | 820495 | 2499911 |
PBN | 548 | 820496 | 2499912 |
PBN | 550 | 000000 | 0000000 |
PBN | 552 | 820498 | 2499914 |
PBN | 554 | 820499 | 2499915 |
PBN | 555 | 820500 | 2499916 |
PBN | 000 | 000000 | 0000000 |
PBN | 557 | 820502 | 2499918 |
PBN | 000 | 000000 | 0000000 |
PBN | 559 | 820504 | 2499920 |
PBN | 560 | 820505 | 2499921 |
PBN | 561 | 820506 | 2499922 |
PBN | 562 | 000000 | 0000000 |
PBN | 563 | 820508 | 2499924 |
PBN | 564 | 820509 | 2499925 |
PBN | 565 | 820510 | 2499926 |
PBN | 566 | 820511 | 2499927 |
PBN | 47 | 820512 | 2499713 |
PBN | 48 | 820513 | 2499714 |
PBN | 49 | 820514 | 2499715 |
PORK | 39 | 820515 | 2500076 |
PORK | 41 | 000000 | 0000000 |
Claim Name | Claim # | BLM serial # | Washoe County |
PORK | 67 | 820517 | 2500078 |
PORK | 69 | 820518 | 2500079 |
FILING PENDING: | |||
XXX | 000 | ||
XXX | 000 | ||
XXX | 000 | ||
XXX | 204 | ||
PBN | 205 | ||
PBN | 206 | ||
PBN | 207 | ||
PBN | 208 | ||
PBN | 209 | ||
PBN | 210 | ||
PBN | 211 | ||
PBN | 212 | ||
PBN | 213 | ||
PBN | 214 | ||
PBN | 215 | ||
PBN | 216 | ||
PBN | 217 | ||
PBN | 218 | ||
PBN | 219 | ||
PBN | 220 | ||
PBN | 221 | ||
PBN | 222 | ||
PBN | 223 |
EXHIBIT B
Area of Interest
Sections 9, 10, 11, 12, 13, 14, 15, 16, 21, 22, 23, 24, 25, 26, 27, 28, 33, 34, 35 and 36 Township 38 North, Range 22 East and Sections 2, 3, 4, 10, and 11 Township 37 North, Range 22 East and Sections 7, 15, 16, 17, 18, 19, 20, 21, 22 and 30 Township 38 North, Range 23 East, Washoe County, Nevada.
ATTACHMENT A
MEMORANDUM OF MINING LEASE AND AGREEMENT
NOTICE IS HEREBY GIVEN that PLATORO WEST INCORPORATED., a Nevada corporation, (hereinafter called "Owner") and SEABRIDGE RESOURCES INC., a company incorporated under the laws of the Province of British Columbia, Canada (hereinafter called "Seabridge"), as lessee, have entered into a Mining Lease and Agreement dated as of January ___, 2001, covering certain rights in and to those certain unpatented mining claims described in Exhibit "A" hereto (the "Property").
Said Mining Lease and Agreement, in consideration of the royalty referred to below and other covenants and agreements set forth therein, provides that Owner has leased to Seabridge all of Owner's right, title and interest in and to the Property.
Further, said Mining Lease and Agreement reserves to Owner a royalty from the production of any and all metals, ores, minerals, mineral substances and materials of all kinds in, under, upon and that may be produced from the Property.
Copies of said Mining Lease and Agreement are in the possession of Seabridge at its address of 000 Xxxx Xxxxxx Xxxx; 3rd Floor; Xxxxxxx, Xxxxxxx X0X 0X0, and Owner to the attention of Xxxxxxx X. Sheriff, Platoro West Incorporated., X.X. Xxx 0000 Xxxxxxx, Xxxxxxxx 00000
IN WITNESS WHEREOF, this Memorandum of Mining Lease and Agreement has been executed as of the date first above written.
SEABRIDGE RESOURCES INC.
By:
Name:
Xxxx X. Xxxxx
Title:
President and CEO
STATE OF COLORADO COUNTY OF LA PLATA | ) ) ss. ) |
On January 16 , 2001, personally appeared before me, a Notary Public, Xxxxxxx X. Sheriff , President of Platoro West Incorporated., a Nevada corporation, personally known or proved to me to be the person whose name is subscribed to the above instrument who acknowledged to me that he executed the above instrument on behalf of the corporation.
My Commission Expires:
10/12/03
PROVINCE OF ONTARIO
On
January 3 , 2001, personally appeared before me, a Notary Public, Xxxx X. Xxxxx, President of SEABRIDGE RESOURCES INC., a company incorporated under the laws of the Province of British Columbia, Canada, personally known or proved to me to be the person whose name is subscribed to the above instrument who acknowledged to me that he executed the above instrument, on behalf of the corporation.
![[platorowesthogranchagreem006.jpg]](https://www.sec.gov/Archives/edgar/data/1231346/000121716004000029/platorowesthogranchagreem006.jpg)
![[platorowesthogranchagreem008.jpg]](https://www.sec.gov/Archives/edgar/data/1231346/000121716004000029/platorowesthogranchagreem008.jpg)
EXHIBIT A
Property
Claim Name | Claim # | BLM serial # | Washoe County |
PORK | 27 | 683625 | 1726435 |
PORK | 28 | 683626 | 1726436 |
PORK | 29 | 683627 | 1726437 |
PORK | 30 | 683628 | 1726438 |
PORK | 31 | 000000 | 0000000 |
PORK | 32 | 683630 | 1726440 |
PORK | 33 | 683631 | 1726441 |
PORK | 34 | 683632 | 1726442 |
PORK | 35 | 683633 | 1726443 |
PORK | 36 | 683634 | 1726444 |
PORK | 37 | 683635 | 1726445 |
PORK | 38 | 683636 | 1726446 |
PORK | 40 | 683638 | 1726448 |
PORK | 42 | 683640 | 1726450 |
PORK | 71 | 000000 | 0000000 |
PORK | 72 | 683670 | 1726480 |
PORK | 73 | 683671 | 1726481 |
PORK | 135 | 000000 | 0000000 |
PORK | 137 | 693619 | 1758867 |
PORK | 142 | 693624 | 1758872 |
PORK | 143 | 693625 | 1758873 |
PORK | 144 | 693626 | 1758874 |
PORK | 145 | 000000 | 0000000 |
PORK | 146 | 693628 | 1758876 |
PORK | 147 | 693629 | 1758877 |
PORK | 149 | 693631 | 1758879 |
PBN | 31 | 818474 | 2484252 |
PBN | 32 | 000000 | 0000000 |
PBN | 33 | 818476 | 2484254 |
PBN | 34 | 818477 | 2484255 |
PBN | 83 | 818478 | 2484256 |
PBN | 89 | 818479 | 2484257 |
PBN | 90 | 818480 | 2484258 |
PBN | 92 | 818481 | 2484259 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 94 | 818482 | 2484260 |
PBN | 139 | 818483 | 2484261 |
PBN | 141 | 818484 | 2484262 |
PBN | 143 | 000000 | 0000000 |
PBN | 149 | 818486 | 2484264 |
PBN | 150 | 818487 | 2484265 |
PBN | 22 | 820284 | 2499697 |
PBN | 24 | 820285 | 2499698 |
PBN | 25 | 000000 | 0000000 |
PBN | 26 | 000000 | 0000000 |
PBN | 27 | 820288 | 2499701 |
PBN | 28 | 820289 | 2499702 |
PBN | 29 | 820290 | 2499703 |
PBN | 30 | 820291 | 2499704 |
PBN | 35 | 820292 | 2499705 |
PBN | 36 | 820293 | 2499706 |
PBN | 38 | 820294 | 2499707 |
PBN | 40 | 820295 | 2499708 |
PBN | 42 | 820296 | 2499709 |
PBN | 44 | 000000 | 0000000 |
PBN | 45 | 820298 | 2499711 |
PBN | 46 | 820299 | 2499712 |
PBN | 50 | 820300 | 2499716 |
PBN | 63 | 820301 | 2499717 |
PBN | 64 | 820302 | 2499718 |
PBN | 65 | 820303 | 2499719 |
PBN | 66 | 820304 | 2499720 |
PBN | 00 | 000000 | 0000000 |
PBN | 68 | 820306 | 2499722 |
PBN | 00 | 000000 | 0000000 |
PBN | 70 | 820308 | 2499724 |
PBN | 71 | 820309 | 2499725 |
PBN | 72 | 820310 | 2499726 |
PBN | 73 | 820311 | 2499727 |
PBN | 74 | 820312 | 2499728 |
PBN | 75 | 820313 | 2499729 |
PBN | 76 | 820314 | 2499730 |
PBN | 77 | 820315 | 2499731 |
PBN | 78 | 820316 | 2499732 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 79 | 820317 | 2499733 |
PBN | 80 | 820318 | 2499734 |
PBN | 81 | 820319 | 2499735 |
PBN | 82 | 820320 | 2499736 |
PBN | 84 | 820321 | 2499737 |
PBN | 85 | 820322 | 2499738 |
PBN | 86 | 820323 | 2499739 |
PBN | 87 | 820324 | 2499740 |
PBN | 88 | 820325 | 2499741 |
PBN | 91 | 820326 | 2499742 |
PBN | 93 | 820327 | 2499743 |
PBN | 95 | 820328 | 2499744 |
PBN | 96 | 820329 | 2499745 |
PBN | 98 | 820330 | 2499746 |
PBN | 100 | 820331 | 2499747 |
PBN | 102 | 820332 | 2499748 |
PBN | 103 | 820333 | 2499749 |
PBN | 104 | 820334 | 2499750 |
PBN | 105 | 820335 | 2499751 |
PBN | 106 | 820336 | 2499752 |
PBN | 107 | 820337 | 2499753 |
PBN | 108 | 820338 | 2499754 |
PBN | 111 | 820339 | 2499755 |
PBN | 113 | 820340 | 2499756 |
PBN | 114 | 820341 | 2499757 |
PBN | 115 | 820342 | 2499758 |
PBN | 116 | 820343 | 2499759 |
PBN | 117 | 820344 | 2499760 |
PBN | 118 | 820345 | 2499761 |
PBN | 119 | 820346 | 2499762 |
PBN | 120 | 820347 | 2499763 |
PBN | 121 | 820348 | 2499764 |
PBN | 122 | 820349 | 2499765 |
PBN | 123 | 820350 | 2499766 |
PBN | 124 | 820351 | 2499767 |
PBN | 125 | 820352 | 2499768 |
PBN | 126 | 820353 | 2499769 |
PBN | 127 | 820354 | 2499770 |
PBN | 128 | 820355 | 2499771 |
PBN | 129 | 820356 | 2499772 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 130 | 820357 | 2499773 |
PBN | 131 | 820358 | 2499774 |
PBN | 132 | 820359 | 2499775 |
PBN | 133 | 820360 | 2499776 |
PBN | 134 | 820361 | 2499777 |
PBN | 135 | 820362 | 2499778 |
PBN | 136 | 820363 | 2499779 |
PBN | 137 | 820364 | 2499780 |
PBN | 138 | 820365 | 2499781 |
PBN | 140 | 820366 | 2499782 |
PBN | 142 | 820367 | 2499783 |
PBN | 144 | 820368 | 2499784 |
PBN | 145 | 820369 | 2499785 |
PBN | 146 | 820370 | 2499786 |
PBN | 147 | 820371 | 2499787 |
PBN | 148 | 820372 | 2499788 |
PBN | 151 | 820373 | 2499789 |
PBN | 152 | 820374 | 2499790 |
PBN | 153 | 820375 | 2499791 |
PBN | 154 | 820376 | 2499792 |
PBN | 155 | 820377 | 2499793 |
PBN | 156 | 820378 | 2499794 |
PBN | 159 | 820379 | 2499795 |
PBN | 160 | 820380 | 2499796 |
PBN | 161 | 820381 | 2499797 |
PBN | 162 | 820382 | 2499798 |
PBN | 163 | 820383 | 2499799 |
PBN | 164 | 820384 | 2499800 |
PBN | 165 | 820385 | 2499801 |
PBN | 166 | 820386 | 2499802 |
PBN | 167 | 820387 | 2499803 |
PBN | 168 | 820388 | 2499804 |
PBN | 169 | 820389 | 2499805 |
PBN | 170 | 820390 | 2499806 |
PBN | 224 | 820391 | 2499807 |
PBN | 225 | 000000 | 0000000 |
PBN | 226 | 820393 | 2499809 |
PBN | 227 | 820394 | 2499810 |
PBN | 000 | 000000 | 0000000 |
PBN | 229 | 820396 | 2499812 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 000 | 000000 | 0000000 |
PBN | 231 | 820398 | 2499814 |
PBN | 000 | 000000 | 0000000 |
PBN | 233 | 820400 | 2499816 |
PBN | 234 | 820401 | 2499817 |
PBN | 235 | 000000 | 0000000 |
PBN | 236 | 820403 | 2499819 |
PBN | 000 | 000000 | 0000000 |
PBN | 238 | 820405 | 2499821 |
PBN | 239 | 820406 | 2499822 |
PBN | 307 | 820407 | 2499823 |
PBN | 308 | 820408 | 2499824 |
PBN | 309 | 820409 | 2499825 |
PBN | 310 | 820410 | 2499826 |
PBN | 311 | 820411 | 2499827 |
PBN | 312 | 000000 | 0000000 |
PBN | 313 | 820413 | 2499829 |
PBN | 315 | 820414 | 2499830 |
PBN | 316 | 820415 | 2499831 |
PBN | 317 | 820416 | 2499832 |
PBN | 318 | 820417 | 2499833 |
PBN | 319 | 820418 | 2499834 |
PBN | 320 | 820419 | 2499835 |
PBN | 321 | 820420 | 2499836 |
PBN | 322 | 820421 | 2499837 |
PBN | 323 | 000000 | 0000000 |
PBN | 324 | 820423 | 2499839 |
PBN | 325 | 820424 | 2499840 |
PBN | 326 | 820425 | 2499841 |
PBN | 327 | 820426 | 2499842 |
PBN | 328 | 820427 | 2499843 |
PBN | 329 | 820428 | 2499844 |
PBN | 330 | 820429 | 2499845 |
PBN | 331 | 820430 | 2499846 |
PBN | 341 | 820431 | 2499847 |
PBN | 342 | 000000 | 0000000 |
PBN | 343 | 820433 | 2499849 |
PBN | 344 | 820434 | 2499850 |
PBN | 345 | 820435 | 2499851 |
PBN | 346 | 820436 | 2499852 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 347 | 820437 | 2499853 |
PBN | 348 | 820438 | 2499854 |
PBN | 349 | 820439 | 2499255 |
PBN | 350 | 820440 | 2499856 |
PBN | 352 | 820441 | 2499857 |
PBN | 354 | 000000 | 0000000 |
PBN | 000 | 000000 | 0000000 |
PBN | 358 | 820444 | 2499860 |
PBN | 360 | 820445 | 2499861 |
PBN | 362 | 820446 | 2499862 |
PBN | 364 | 820447 | 2499863 |
PBN | 371 | 820448 | 2499864 |
PBN | 373 | 820449 | 2499865 |
PBN | 375 | 820450 | 2499866 |
PBN | 377 | 820451 | 2499867 |
PBN | 379 | 000000 | 0000000 |
PBN | 381 | 820453 | 2499869 |
PBN | 385 | 820454 | 2499870 |
PBN | 383 | 820455 | 2499871 |
PBN | 386 | 820456 | 2499872 |
PBN | 387 | 820457 | 2499873 |
PBN | 388 | 820458 | 2499874 |
PBN | 389 | 820459 | 2499875 |
PBN | 390 | 820460 | 2499876 |
PBN | 391 | 820461 | 2499877 |
PBN | 392 | 000000 | 0000000 |
PBN | 500 | 820463 | 2499879 |
PBN | 502 | 820464 | 2499880 |
PBN | 000 | 000000 | 0000000 |
PBN | 506 | 820466 | 2499882 |
PBN | 507 | 820467 | 2499883 |
PBN | 508 | 820468 | 2499884 |
PBN | 509 | 820469 | 2499885 |
PBN | 510 | 820470 | 2499886 |
PBN | 511 | 820471 | 2499887 |
PBN | 512 | 000000 | 0000000 |
PBN | 513 | 820473 | 2499889 |
PBN | 000 | 000000 | 0000000 |
PBN | 515 | 820475 | 2499891 |
PBN | 516 | 820476 | 2499892 |
Claim Name | Claim # | BLM serial # | Washoe County |
PBN | 517 | 820477 | 2499893 |
PBN | 518 | 820478 | 2499894 |
PBN | 519 | 820479 | 2499895 |
PBN | 520 | 820480 | 2499896 |
PBN | 521 | 820481 | 2499897 |
PBN | 522 | 000000 | 0000000 |
PBN | 523 | 820483 | 2499899 |
PBN | 524 | 820484 | 2499900 |
PBN | 525 | 820485 | 2499901 |
PBN | 527 | 820486 | 2499902 |
PBN | 529 | 000000 | 0000000 |
PBN | 531 | 820488 | 2499904 |
PBN | 533 | 820489 | 2499905 |
PBN | 535 | 820490 | 2499906 |
PBN | 537 | 820491 | 2499907 |
PBN | 540 | 820492 | 2499908 |
PBN | 000 | 000000 | 0000000 |
PBN | 544 | 820494 | 2499910 |
PBN | 546 | 820495 | 2499911 |
PBN | 548 | 820496 | 2499912 |
PBN | 550 | 000000 | 0000000 |
PBN | 552 | 820498 | 2499914 |
PBN | 554 | 820499 | 2499915 |
PBN | 555 | 820500 | 2499916 |
PBN | 000 | 000000 | 0000000 |
PBN | 557 | 820502 | 2499918 |
PBN | 000 | 000000 | 0000000 |
PBN | 559 | 820504 | 2499920 |
PBN | 560 | 820505 | 2499921 |
PBN | 561 | 820506 | 2499922 |
PBN | 562 | 000000 | 0000000 |
PBN | 563 | 820508 | 2499924 |
PBN | 564 | 820509 | 2499925 |
PBN | 565 | 820510 | 2499926 |
PBN | 566 | 820511 | 2499927 |
PBN | 47 | 820512 | 2499713 |
PBN | 48 | 820513 | 2499714 |
PBN | 49 | 820514 | 2499715 |
PORK | 39 | 820515 | 2500076 |
PORK | 41 | 000000 | 0000000 |
Claim Name | Claim # | BLM serial # | Washoe County |
PORK | 67 | 820517 | 2500078 |
PORK | 69 | 820518 | 2500079 |
FILING PENDING: | |||
XXX | 000 | ||
XXX | 000 | ||
XXX | 000 | ||
XXX | 204 | ||
PBN | 205 | ||
PBN | 206 | ||
PBN | 207 | ||
PBN | 208 | ||
PBN | 209 | ||
PBN | 210 | ||
PBN | 211 | ||
PBN | 212 | ||
PBN | 213 | ||
PBN | 214 | ||
PBN | 215 | ||
PBN | 216 | ||
PBN | 217 | ||
PBN | 218 | ||
PBN | 219 | ||
PBN | 220 | ||
PBN | 221 | ||
PBN | 222 | ||
PBN | 223 |
AMENDING AGREEMENT
THIS AGREEMENT effective the 1st day of August, 2001 BETWEEN:
Seabridge Gold Corporation., a company incorporated under the laws of the State of Nevada and a wholly-owned subsidiary of Seabridge Resources Inc., a company incorporated under the laws of the Province of British Columbia
(hereinafter collectively called "Seabridge") AND:
Platoro West Incorporated., a company incorporated under the laws of the State of Nevada
(hereinafter called "Platoro")
WHEREAS Seabridge and Platoro entered into a Mining Lease and Agreement dated
August 15, 2000 November 15, 2000 (the “Mining Lease Agreement") covering certain unpatanted mining claims situated in Washoe County, Nevada known as the Hog Ranch project.
The parties have agreed to the following amendments.
NOW THEREFORE for good and valuable consideration the parties agree that the Mining Lease Agreement is amended as follows:
1.
Notwithstanding the provisions of Paragraph 6 of the Mining Lease Agreement, the Parties hereto agree and confirm that the mining claims listed on Exhibit "A" attached hereto are abandoned and are no longer included as mining claims to be maintained as part of the Property as defined in the Mining Lease Agreement.
2.
All other terms and conditions of the Mining Lease Agreement remain unchanged.
Seabridg2Gold Corporation
Seabridge Resources Inc.
CLAIM NAME | EXHIBIT "A" NMC NUMBER |
PBN #224-236 | 820391-820403 |
PBN #316-317 | 820415-820416 |
XXX #000 | 000000 |
XXX #341-350 | 820431-820440 |
XXX #000 | 000000 |
XXX #000 | 000000 |
XXX #356 | 820443 |
XXX #000 | 000000 |
XXX #000 | 000000 |
XXX #362 | 820446 |
XXX #000 | 000000 |
XXX #000 | 000000 |
XXX #373 | 820449 |
PBN #375 | 820450 |
XXX #000 | 000000 |
XXX #000 | 000000 |
XXX #381 | 820453 |
XXX #000 | 000000 |
XXX #000 | 000000 |
XXX #500 | 820463 |
XXX #000 | 000000 |
XXX #000 | 000000 |
XXX #506-507 | 820466-820467 |
XXX #000 | 000000 |
XXX #000 | 000000 |
XXX #515-518 | 820475-820478 |
PBN #559-566 | 820504-820511 |
PBN #172-174 | 822388-822390 |
XXX #000 | 000000 |
XXX #000 | 000000 |
XXX #180 | 822396 |
XXX #000 | 000000 |
XXX #000 | 000000 |
XXX #186 | 822402 |
XXX #000 | 000000 |
XXX #000 | 000000 |
XXX #192-217 | 822408-822433 |
PBN #581-588 | 822437-822444 |
Hog Ranch Project-PBN claims
EXHIBIT "A"
Platoro West Incorporated
28 August 2001
208 UNPATENTED LODE CLAIMS SITUATED IN TOWNSHIPS 37 & 38 NORTH AND RANGES 22 & 23 EAST, MDB&M, WASHOE COUNTY, STATE OF NEVADA.
claim name claim # | BLM serial # | Washoe County | |
PBN | 31 | 818474 | 2484252 |
PBN | 32 | 000000 | 0000000 |
PBN | 33 | 818476 | 2484254 |
PBN | 34 | 818477 | 2484255 |
PBN | 83 | 818478 | 2484256 |
PBN | 89 | 818479 | 2484257 |
PBN | 90 | 818480 | 2484258 |
PBN | 92 | 818481 | 2484259 |
PBN | 94 | 818482 | 2484260 |
PBN | 139 | 818483 | 2484261 |
PBN | 141 | 818484 | 2484262 |
PBN | 143 | 000000 | 0000000 |
PBN | 149 | 818486 | 2484264 |
PBN | 150 | 818487 | 2484265 |
PBN | 22 | 820284 | 2499697 |
PBN | 24 | 820285 | 2499698 |
PBN | 25 | 000000 | 0000000 |
PBN | 26 | 000000 | 0000000 |
PBN | 27 | 820288 | 2499701 |
PBN | 28 | 820289 | 2499702 |
PBN | 29 | 820290 | 2499703 |
PBN | 30 | 820291 | 2499704 |
PBN | 35 | 820292 | 2499705 |
PBN | 36 | 820293 | 2499706 |
PBN | 38 | 820294 | 2499707 |
PBN | 40 | 820295 | 2499708 |
PBN | 42 | 820296 | 2499709 |
PBN | 44 | 000000 | 0000000 |
PBN | 45 | 820298 | 2499711 |
PBN | 46 | 820299 | 2499712 |
PBN | 50 | 820300 | 2499716 |
PBN | 63 | 820301 | 2499717 |
PBN | 64 | 820302 | 2499718 |
PBN | 65 | 820303 | 2499719 |
PBN | 66 | 820304 | 2499720 |
PBN | 00 | 000000 | 0000000 |
PBN | 68 | 820306 | 2499722 |
PBN | 00 | 000000 | 0000000 |
PBN | 70 | 820308 | 2499724 |
PBN | 71 | 820309 | 2499725 |
PBN | 72 | 820310 | 2499726 |
PBN | 73 | 820311 | 2499727 |
PBN | 74 | 820312 | 2499728 |
PBN | 75 | 820313 | 2499729 |
PBN | 76 | 820314 | 2499730 |
PBN | 77 | 820315 | 2499731 |
PBN | 78 | 820316 | 2499732 |
PBN | 79 | 820317 | 2499733 |
PBN | 80 | 820318 | 2499734 |
PBN | 81 | 820319 | 2499735 |
PBN | 82 | 820320 | 2499736 |
PBN | 84 | 820321 | 2499737 |
PBN | 85 | 820322 | 2499738 |
PBN | 86 | 820323 | 2499739 |
PBN | 87 | 820324 | 2499740 |
PBN | 88 | 820325 | 2499741 |
PBN | 91 | 820326 | 2499742 |
PBN | 93 | 820327 | 2499743 |
PBN | 95 | 820328 | 2499744 |
PBN | 96 | 820329 | 2499745 |
PBN | 98 | 820330 | 2499746 |
PBN | 100 | 820331 | 2499747 |
PBN | 102 | 820332 | 2499748 |
PBN | 103 | 820333 | 2499749 |
PBN | 104 | 820334 | 2499750 |
PBN | 105 | 820335 | 2499751 |
PBN | 106 | 820336 | 2499752 |
PBN | 107 | 820337 | 2499753 |
PBN | 108 | 820338 | 2499754 |
PBN | 111 | 820339 | 2499755 |
PBN | 113 | 820340 | 2499756 |
PBN | 114 | 820341 | 2499757 |
PBN | 115 | 820342 | 2499758 |
PBN | 116 | 820343 | 2499759 |
PBN | 117 | 820344 | 2499760 |
PBN | 118 | 820345 | 2499761 |
PBN | 119 | 820346 | 2499762 |
PBN | 120 | 820347 | 2499763 |
PBN | 121 | 820348 | 2499764 |
PBN | 122 | 820349 | 2499765 |
PBN | 123 | 820350 | 2499766 |
PBN | 124 | 820351 | 2499767 |
PBN | 125 | 820352 | 2499768 |
PBN | 126 | 820353 | 2499769 |
PBN | 127 | 820354 | 2499770 |
PBN | 128 | 820355 | 2499771 |
PBN | 129 | 820356 | 2499772 |
PBN | 130 | 820357 | 2499773 |
PBN | 131 | 820358 | 2499774 |
PBN | 132 | 820359 | 2499775 |
PBN | 133 | 820360 | 2499776 |
PBN | 134 | 820361 | 2499777 |
PBN | 135 | 820362 | 2499778 |
PBN | 136 | 820363 | 2499779 |
PBN | 137 | 820364 | 2499780 |
PBN | 138 | 820365 | 2499781 |
PBN | 140 | 820366 | 2499782 |
PBN | 142 | 820367 | 2499783 |
PBN | 144 | 820368 | 2499784 |
PBN | 145 | 820369 | 2499785 |
PBN | 146 | 820370 | 2499786 |
PBN | 147 | 820371 | 2499787 |
PBN | 148 | 820372 | 2499788 |
PBN | 151 | 820373 | 2499789 |
PBN | 152 | 820374 | 2499790 |
PBN | 153 | 820375 | 2499791 |
PBN | 154 | 820376 | 2499792 |
PBN | 155 | 820377 | 2499793 |
PBN | 156 | 820378 | 2499794 |
PBN | 159 | 820379 | 2499795 |
PBN | 160 | 820380 | 2499796 |
PBN | 161 | 820381 | 2499797 |
PBN | 162 | 820382 | 2499798 |
PBN | 163 | 820383 | 2499799 |
PBN | 164 | 820384 | 2499800 |
PBN | 165 | 820385 | 2499801 |
PBN | 166 | 820386 | 2499802 |
PBN | 167 | 820387 | 2499803 |
PBN | 168 | 820388 | 2499804 |
PBN | 169 | 820389 | 2499805 |
PBN | 170 | 820390 | 2499806 |
PBN | 000 | 000000 | 0000000 |
PBN | 238 | 820405 | 2499821 |
PBN | 239 | 820406 | 2499822 |
PBN | 307 | 820407 | 2499823 |
PBN | 308 | 820408 | 2499824 |
PBN | 309 | 820409 | 2499825 |
PBN | 310 | 820410 | 2499826 |
PBN | 311 | 820411 | 2499827 |
PBN | 312 | 000000 | 0000000 |
PBN | 313 | 820413 | 2499829 |
PBN | 315 | 820414 | 2499830 |
PBN | 318 | 820417 | 2499833 |
PBN | 320 | 820419 | 2499835 |
PBN | 321 | 820420 | 2499836 |
PBN | 322 | 820421 | 2499837 |
PBN | 323 | 000000 | 0000000 |
PBN | 324 | 820423 | 2499839 |
PBN | 325 | 820424 | 2499840 |
PBN | 326 | 820425 | 2499841 |
PBN | 327 | 820426 | 2499842 |
PBN | 328 | 820427 | 2499843 |
PBN | 329 | 820428 | 2499844 |
PBN | 330 | 820429 | 2499845 |
PBN | 331 | 820430 | 2499846 |
PBN | 386 | 820456 | 2499872 |
PBN | 387 | 820457 | 2499873 |
PBN | 388 | 820458 | 2499874 |
PBN | 389 | 820459 | 2499875 |
PBN | 390 | 820460 | 2499876 |
PBN | 391 | 820461 | 2499877 |
PBN | 392 | 000000 | 0000000 |
PBN | 508 | 820468 | 2499884 |
PBN | 510 | 820470 | 2499886 |
PBN | 512 | 000000 | 0000000 |
PBN | 513 | 820473 | 2499889 |
PBN | 000 | 000000 | 0000000 |
PBN | 519 | 820479 | 2499895 |
PBN | 520 | 820480 | 2499896 |
PBN | 521 | 820481 | 2499897 |
PBN | 522 | 000000 | 0000000 |
PBN | 523 | 820483 | 2499899 |
PBN | 524 | 820484 | 2499900 |
PBN | 525 | 820485 | 2499901 |
PBN | 527 | 820486 | 2499902 |
PBN | 529 | 000000 | 0000000 |
PBN | 531 | 820488 | 2499904 |
PBN | 533 | 820489 | 2499905 |
PBN | 535 | 820490 | 2499906 |
PBN | 537 | 820491 | 2499907 |
PBN | 540 | 820492 | 2499908 |
PBN | 000 | 000000 | 0000000 |
PBN | 544 | 820494 | 2499910 |
PBN | 546 | 820495 | 2499911 |
PBN | 548 | 820496 | 2499912 |
PBN | 550 | 000000 | 0000000 |
PBN | 552 | 820498 | 2499914 |
PBN | 554 | 820499 | 2499915 |
PBN | 555 | 820500 | 2499916 |
PBN | 000 | 000000 | 0000000 |
PBN | 557 | 820502 | 2499918 |
PBN | 000 | 000000 | 0000000 |
PBN | 47 | 820512 | 2499713 |
PBN | 48 | 820513 | 2499714 |
PBN | 49 | 820514 | 2499715 |
PBN | 1 | 822378 | 2516641 |
PBN | 2 | 822379 | 2516642 |
PBN | 3 | 822380 | 2516643 |
PBN | 4 | 822381 | 2516644 |
PBN | 5 | 822382 | 2516645 |
PBN | 6 | 822383 | 2516646 |
PBN | 7 | 000000 | 0000000 |
PBN | 109 | 822385 | 2516648 |
PBN | 110 | 822386 | 2516649 |
PBN | 171 | 822387 | 2516650 |
PBN | 173 | 822389 | 2516652 |
PBN | 175 | 822391 | 2516654 |
PBN | 177 | 822393 | 2516656 |
PBN | 179 | 822395 | 2516658 |
PBN | 181 | 822397 | 2516660 |
PBN | 183 | 822399 | 2516662 |
PBN | 185 | 822401 | 2516664 |
PBN | 187 | 822403 | 2516666 |
PBN | 189 | 822405 | 2516668 |
PBN | 191 | 822407 | 2516670 |
PBN | 221 | 000000 | 0000000 |
PBN | 222 | 822435 | 2516698 |
PBN | 223 | 822436 | 2516699 |
PORK BELLY PROJECT — PORK CLAIMS
EXHIBIT "A"
PLATORO WEST INCORPORATED
28 AUGUST 2001
30 UNPATENTED LODE CLAIMS SITUATED IN SECTIONS 14, 15, 22, and 23 TOWNSHIP 38 NORTH, RANGE 22 EAST, MDB&M, WASHOE COUNTY, STATE OF NEVADA.
CLAIM NAME | BOOK/PAGE | INSTRUMENT | BLM SERIAL # | |
PORK # 27 | 3882 | 646 | 1726435 | 683625 |
PORK #28 | 3882 | 647 | 1726436 | 683626 |
PORK #29 | 3882 | 648 | 1726437 | 683627 |
PORK #30 | 3882 | 000 | 0000000 | 000000 |
PORK #31 | 3882 | 650 | 1726439 | 683629 |
PORK #32 | 3882 | 651 | 1726440 | 683630 |
PORK #33 | 3882 | 652 | 1726441 | 683631 |
PORK #34 | 3882 | 000 | 0000000 | 000000 |
PORK #35 | 3882 | 654 | 1726443 | 683633 |
PORK #36 | 3882 | 655 | 1726444 | 683634 |
PORK #37 | 3882 | 656 | 1726445 | 683635 |
PORK #38 | 3882 | 657 | 1726446 | 683636 |
PORK #40 | 3882 | 659 | 1726448 | 683638 |
PORK #00 | 0000 | 000 | 0000000 | 683640 |
PORK #71 | 3882 | 690 | 1726479 | 683669 |
PORK #72 | 3882 | 691 | 1726480 | 683670 |
PORK #73 | 3882 | 692 | 1726481 | 683671 |
PORK #135 | 3969 | 53 | 1758865 | 693617 |
PORK #137 | 3969 | 55 | 1758867 | 693619 |
PORK #142 | 3969 | 60 | 1758872 | 693624 |
PORK #143 | 3969 | 61 | 1758873 | 693625 |
PORK #144 | 3969 | 62 | 1758874 | 693626 |
PORK #145 | 0000 | 00 | 0000000 | 000000 |
PORK #146 | 3969 | 64 | 1758876 | 693628 |
PORK #147 | 3969 | 65 | 1758877 | 693629 |
PORK #149 | 3969 | 67 | 1758879 | 693631 |
PORK #39 | 2500076 | 820515 | ||
PORK #41 | 2500077 | 820516 | ||
PORK #67 | 2500078 | 820517 | ||
PORK #69 | 2500079 | 820518 | ||
AMENDING AGREEMENT
THIS AGREEMENT effective the 30th day of Septembert, 2002
BETWEEN:
Seabridge Gold Corporation., a company incorporated under the laws of the State of Nevada and a wholly-owned subsidiary of Seabridge Resources Inc., a company incorporated under the laws of the Province of British Columbia
(hereinafter collectively called "Seabridge") AND:
Platoro West Incorporated., a company incorporated under the laws of the State of Nevada
(hereinafter called "Platoro")
WHEREAS Seabridge and Platoro entered into a Mining Lease and Agreement dated November 15, 2000 (the "Mining Lease Agreement") covering certain unpatanted mining claims situated in Washoe County, Nevada known as the Hog Ranch project.
The parties have agreed to the following amendments.
NOW THEREFORE for good and valuable consideration the parties agree that the Mining Lease Agreement is amended as follows:
1.
The Advance Royalty Payment schedule as per Paragraph 5 of the Mining Lease Agreement shall be amended as follows:
Advance Royalty Payment | Payable on or before |
$ 10,000 | On November 15, 2004; |
$ 12,500 | On November 15, 2005; |
$ 15,000 | On November 15, 2006; |
$ 17,500 | On November 15, 2007; |
$ 20,000 | On November 15, 2008; |
and each November 15 thereafter. |
2.
All other terms and conditions of the Mining Lease Agreement remain unchanged.
FROM :PLATORO WEST-PAC INTRMTN GOLD FAX NO. :00000000000000000000 Sep. 08 2003 02:31PM P1
AMENDING
AGREEMENT
THIS AGREEMENT effective the 8th day of September, 2003
BETWEEN:
Seabridge Gold Corporation., a company incorporated under the laws of the State of Nevada and a wholly-owned subsidiary of Seabridge Resoarces Inc., a company incorporated under the laws of the Province of British Columbia
(hereinafter collectively called "Seabridge")
AND:
Xxxxxxx West Incorporated., a company incorporated under the laws of the State of Nevada
(hereinafter called "Platoro")
WHEREAS Seabridge and Platoro entered into a Mining Lease and Agreement dated November 15, 2000 with amendments dated August 1, 2001 and September 30, 2002 (the "Mining Lease Agreement") covering certain unpatanted mining claims situated in Washoe County, Nevada known as the Hog Ranch project.
The parties have agreed to the following amendments.
NOW THEREFORE for good and valuable consideration the parties agree that the Mining Lease Agreement is amended as follows:
1. The 2nd sentence as per Paragraph 5 of the Mining Lease Agreement which reads as follows:
Seabridge will issue Platoro a further 500,000 common shares upon the earlier of (i) confirmation by an independent third party of a measured and indicated gold reserve of more than 1.0 million ounces, (ii) completion of a positive bankable feasibility study which demonstrates a mine capable of producing at least 100,000 ounces of gold per annum, or (iii) the sale or transfer of at least 50% of the project to a non-affiliated third party.
shall be deleted and replaced in its entirety as follows:
Seabridge will pay Platoro a further US$250,000 in cash upon the earlier of (i) confirmation by an independent third party of a measured and indicated gold reserve of more than 1.0 million ounces, or (ii) completion of a positive bankable feasibility study which demonstrates a mine capable of producing at least 100,000 ounces of gold per annum.
![[platorowesthogranchagreem010.jpg]](https://www.sec.gov/Archives/edgar/data/1231346/000121716004000029/platorowesthogranchagreem010.jpg)
2.
All other terms and conditions of the Mining Lease Agreement remain unchanged.
