0001144204-10-005071 Sample Contracts

PURCHASE AGREEMENT
Purchase Agreement • February 3rd, 2010 • Apollo Gold Corp • Gold and silver ores • Colorado

This PURCHASE AGREEMENT (this “Agreement”) among Elkhorn Goldfields, LLC, a Delaware limited liability company (“Buyer”), Apollo Gold, Inc., a Delaware corporation (“Seller”), Calais Resources Colorado, Inc., a Nevada corporation (“Calais Colorado”), and Calais Resources, Inc., a corporation organized under the laws of British Columbia (“Calais Resources” and, together with Calais Colorado, “Calais”), is made as of February 1, 2010 (the “Effective Date”).

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EMPLOYEE LEASING AGREEMENT
Employee Leasing Agreement • February 3rd, 2010 • Apollo Gold Corp • Gold and silver ores • Colorado

This EMPLOYEE LEASING AGREEMENT (this “Agreement”) is made and entered into as of February 1, 2010 (the “Effective Date”) between Montana Tunnels Mining, Inc. (“Lessor”) and Apollo Gold Corporation (“Apollo”). Apollo and Lessor are referred to herein individually as a “Party” and collectively as the “Parties”.

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