Yukon Gold Corporation, Inc. 55 York Street Suite 401 Toronto, ON M5J 1R7Yukon Gold Corp Inc • December 9th, 2008 • Metal mining
We refer to the Property Purchase Agreement between Medallion Capital Corp. and Atna Resources Ltd ("Atna") that was assigned to Yukon Gold Corporation, Inc. ("Yukon Gold") as of March 4, 2005 (the "Marg Acquisition Agreement") covering approximately 402 contiguous mineral claims on approximately 20,000 acres known as the "Marg Property" in central Yukon, Canada. Under the Marg Acquisition Agreement, a payment of CDN$200,000 (payable in cash or shares of Yukon Gold) is due to be made by Yukon Gold to Atna as of December 12, 2008. In lieu of making such payment on December 12, 2008, we have agreed as follows.
