ContractExploration and Purchase Option Agreement • June 25th, 2004 • Mag Silver Corp • Gold and silver ores
EXPLORATION AND PURCHASE OPTION AGREEMENT, ENTERED INTO BY AND BETWEEN MINERA CASCABEL S.A. DE C.V., HEREINAFTER REFERRED TO AS "CASCABEL", REPRESENTED BY ING. PORFIRIO CESAR AUGUSTO PADILLA LARA, AND MINERA LOS LAGARTOS, S.A. DE C.V, HEREINAFTER REFERRED TO AS "LAGARTOS", REPRESENTED BY MS. GUADALUPE YEOMANS OTERO, AND MAG SILVER CORP., HEREINAFTER REFERRED TO AS “MAG”, REPRESENTED BY MR. DAVE PEARCE, IN ACCORDANCE WITH THE FOLLOWING REPRESENTATIONS AND CLAUSES:
