GOLDRANGE RESOURCES, INC. A Nevada Corporation November 30, 2006Letter of Intent • December 1st, 2006 • Goldrange Resources, Inc. • Metal mining
The purpose of this Letter of Intent (this “LOI”) is to set forth certain understandings and agreements between JMT Resources, Ltd., REO Energy, Ltd., and Benco Operating, Inc hereinafter referred to as the (“Contributors or individually as Contributor”) and Goldrange Resources, Inc., a Nevada corporation (the “Company”) (Contributors and the Company are sometimes collectively referred to as the “Parties” or individually as the “Party”), with respect to the potential transactions set forth on Exhibit A on the terms and subject to the conditions set forth thereon and below.
