STRICTLY CONFIDENTIAL December 21, 2007 LKA INTERNATIONAL, INC. 3724 47th St Ct. N.W. Gig Harbor, WA 98335 USA Attention: Mr. Kye Abraham, President RE: Amended and Restated Letter Agreement -- Golden Wonder Project, Colorado Dear Kye:Letter Agreement • May 6th, 2008 • Richmont Mines Inc • Metal mining
LKA International Inc. ("LKA") has advised Richmont Mines Inc. ("Richmont") that, to its knowledge and as reflected in the title materials previously provided to Richmont, it is the beneficial and registered owner of all (100%) of the right, title and interest in and to 28 lode mining claims (the "Claims") located in Hinsdale County, State of Colorado, USA. The Claims, which are collectively known as the Golden Wonder Mine Property, are more particularly described in Schedule "A" hereto. LKA also owns or controls certain related rights of access, permits and other rights appurtenant to or related to the Claims, including those more particularly described on Schedule "A" ("Related Rights"). The Claims and the Related Rights, including an underground mine (the "Mine") together with any other real property rights which are now owned or hereafter acquired by either Party (as defined below) within the Area of Interest described in section 8.5 (collectively, the "Property"), shall be subject
