JOINT VENTURE CONTRACTJoint Venture Contract • April 14th, 2005 • Luna Gold Corp • Gold and silver ores
JOINT VENTURE CONTRACTJoint Venture Contract • April 14th, 2005 • Luna Gold Corp • Gold and silver ores
Suite 1600, 777 Dunsmuir Street P.O. Box 10425, Pacific Centre Vancouver, BC V7Y 1K4 telephone: 604.689.7371 facsimile: 604.688.0094Luna Gold Corp • April 14th, 2005 • Gold and silver ores • Nevada
Further to our Letter dated January 27, 2004, granting Luna Gold Corp. ("Luna") a 30 day exclusive option on your LS Gold ("LS") and North Battle Mountain ("NBM") properties, more specifically described in Attachment 1 hereto (the "Properties"), Luna hereby notifies you that it is exercising its right under the exclusive option to enter into a binding Letter Agreement, ("LA") to lease the Properties. This binding LA sets out the terms and conditions which would form the basis of separate lease agreements for the LS and NBM properties, made between Luna (the "Optionee") and Mr. Arthur R. Leger (the "Optionor"). These lease agreements (the "Leases") will be prepared incorporating the terms of this LA, as well as such other terms as we may agree to, including standard terms which normally form part of more in depth exploration and mining agreements.
