VIA FAXGold City Industries LTD • February 11th, 2003 • Gold and silver ores
Gold City Industries Ltd.Gold City Industries LTD • February 11th, 2003 • Gold and silver ores
This letter confirms that Gold City Industries Ltd. is prepared to enter into an option agreement to acquire 100 % interest in the JD mineral claims (the “Property”) located about 8 kilometres east of Greenwood, BC, owned by Don Hairsine, George Nakade and John Kemp (the “Vendors”), subject to a 2.5 % net smelter return (“NSR”) royalty. The Property is listed in attached Schedule A. Proposed terms are as follow:
