0001104659-06-057990 Sample Contracts

August 23, 2006
Letter Agreement • August 29th, 2006 • Golden Cycle Gold Corp • Gold and silver ores • Colorado

This letter sets forth the terms of an agreement for your approval (“Letter Agreement”) to be effective as of August 23, 2006 (“Effective Date”), by and among Tornado Gold International Corp., a Nevada corporation, whose mailing address is 8600 Technology Way, Suite 118, Reno, Nevada 89521 (“Tornado”), and Golden Cycle Gold Corporation, a Colorado corporation (“Golden Cycle”). Tornado and Golden Cycle are referred to herein individually as a “Party” and collectively as the “Parties.”

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