0001052918-06-000494 Sample Contracts

BINDING LETTER OF INTENT
Timberline Resources Corp • July 7th, 2006 • Gold and silver ores

Timberline Resources (TBLC), an Idaho corporation, its successors and assigns enters a Lease and Option to Purchase Agreement with Susan K. and Larry L. McIntosh, both Nevada residents, husband and wife. and legal owners (Owner) of the Elsie and LC South twenty-two (22) unpatented mining claims located in Mineral County, Nevada. Said claims (Property) are located in Sections 8, 9, 20, 21, 28, & 29, T5N, R36E.

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