0001035704-06-000223 Sample Contracts

CONVERSE URANIUM PROJECT EXPLORATION, DEVELOPMENT AND MINE OPERATING AGREEMENT between CANYON RESOURCES CORPORATION and NEW HORIZON URANIUM CORPORATION EFFECTIVE DATE: January 23, 2006
Operating Agreement • March 27th, 2006 • Canyon Resources Corp • Gold and silver ores • Colorado

This CONVERSE URANIUM PROJECT EXPLORATION, DEVELOPMENT AND MINE OPERATING AGREEMENT (“Agreement”) is made as of January 23, 2006 (“ Effective Date”) between Canyon Resources Corporation, a Delaware corporation (“Canyon”), with an office located at 14142 Denver West Parkway, Suite 250, Golden, CO 80401 and New Horizon Uranium Corporation, a British Columbia corporation (“ Horizon”), with an office located at 2221 East Street, Suite 200, Golden, Colorado 80401.

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