GEOCOM RESOURCES INC.Geocom Resources • March 21st, 2006 • Geocom Resources Inc • Drilling oil & gas wells
This letter agreement sets out the principal terms pursuant to which Geocom Resources Inc. is prepared to enter into a definitive agreement (the "Formal Agreement") with Kinross Gold Corporation to establish an exploration venture in respect of Region X in southern Chile with an option to participate in subsequent acquisitions of mining rights in Region X (the "Region X Exploration Venture"). Although this letter agreement is binding on the parties, it is intended that the terms set forth herein will provide the basis upon which the parties will negotiate in good faith the Formal Agreement, which Formal Agreement will supersede this letter agreement. The following are the principal terms of the Region X Exploration Venture:
AMENDMENT TO THE CAROLINA PROPERTY AGREEMENTCarolina Property Agreement • March 21st, 2006 • Geocom Resources Inc • Drilling oil & gas wells
RE: Letter Agreement dated November 09, 2005 (the “ Carolina Agreement”) between the Optionors and Latin American Minerals Inc. (the “Optionee”)
