COMMERICAL LEASE AGREEMENTCommerical Lease Agreement • July 2nd, 2014 • New Jersey Mining Co • Gold and silver ores
This lease shall be binding upon the heirs, successors, personal representatives and assignees of the parties hereto. Should any provision be deemed unenforceable at law only that provision shall be severed to the narrowest extent, the remainder enforced. Should Lessor re-let the premises or any part thereof for exploration or mining within five (5) years following the conclusion of any initial or renewed term hereunder, Lessor shall first grant to Lessee the right of first refusal to lease or contract for mining or exploration on the same terms under which Lessor proposes to lease or contract to others.
MINERAL LEASE AGREEMENTMineral Lease Agreement • July 2nd, 2014 • New Jersey Mining Co • Gold and silver ores • Idaho
THIS AGREEMENT is made and effective the 12th day of September, 2012 (the “Effective Date”) by and between NEW JERSEY MINING COMPANY, an Idaho corporation, the address of which is P.O. Box 1019, Kellogg, Idaho 83837 (“Lessor”), and HECLA SILVER VALLEY, INC., a Delaware corporation, the address of which is 6500 N. Mineral Dr., Suite 200, Coeur d’Alene, Idaho 83815-9408 (“Lessee”). Lessor and Lessee may be referenced collectively as the “Parties” or singularly, as a “Party”.
