FIRST AMENDMENT TO OPTION AND MINING LEASEOption and Mining Lease • April 5th, 2012 • MAGELLAN GOLD Corp • Metal mining
Contract Type FiledApril 5th, 2012 Company IndustryOn March 15, 2011, THE COWLES TRUST (as to an undivided 5/8ths interest), VIRGINIA VIERRA (as to an undivided 1/8th interest), DOROTHY FARNANDEZ (as to an undivided 1/8th interest), and EDWARD COMER (as to an undivided 1/8th interest) (collectively referred to as “Owners”) entered into an “Option and Mining Lease” (the “Agreement”) with MAGELLAN GOLD CORPORATION, a Nevada corporation (“Magellan”).