0001002014-12-000625 Sample Contracts

DIVIDE PROPERTY EXPLORATION AND MINING LEASE AND OPTION TO PURCHASE AGREEMENT
Purchase Agreement • November 26th, 2012 • Idaho North Resources Corp. • Nevada

This Exploration and Mining Lease and Option to Purchase Agreement (the “Agreement”) is made and entered into this 21 day of February, 2012 (the “Effective Date”) by and between Mountain Gold Claims, LLC. Series 5, (“MGC”), a Nevada Limited Liability Company and Black Rock Exploration, LLC, (“BRE”) a Nevada Limited Liability Company, collectively (the “Owner”) and Idaho North Resources Corporation, an Idaho Corporation (the “Lessee”).

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KLONDIKE NORTH PROPERTY EXPLORATION AND MINING LEASE AND OPTION TO PURCHASE AGREEMENT
Exploration and Mining Lease and Option to Purchase Agreement • November 26th, 2012 • Idaho North Resources Corp. • Nevada

This Exploration and Mining Lease and Option to Purchase Agreement (the “Agreement”) is made and entered into this 24th day of October, 2011 (the “Effective Date”) by and between Mountain Gold Claims, LLC. Series 8, (“MGC”) a Nevada Limited Liability Company (the “Owner”) and Idaho North Resources Corporation, an Idaho Corporation (the “Lessee”).

IDAHO NORTH RESOURCES CORP. REDEEMABLE WARRANT
Idaho North Resources Corp. • November 26th, 2012 • Idaho

IDAHO NORTH RESOURCES CORP., a Idaho corporation (the “Company”), hereby certifies that, for value received, ________________________ (the “Holder”), is entitled to purchase from the Company up to a total of _______________ shares of common stock, $0.01 par value per share (the “Common Stock”), of the Company (each such share, a “Redeemable Warrant Share” and all such shares, the “Redeemable Warrant Shares”) at an exercise price equal to $0.25 per share (as adjusted from time to time as provided in Section 9, the “Exercise Price”), at any time and from time to time from and after the date hereof and through and including the 36 month anniversary of the date hereof (the “Expiration Date”), and subject to the following terms and conditions. This Redeemable Warrant (this “Redeemable Warrant”) is one of a series of similar Redeemable Warrants issued pursuant to that certain private placement dated March ___, 2012 as of the date hereof, by and among the Company and the Investors identified

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