ASSIGNMENT OF LOAN PROPERTYAssignment of Loan Property • May 9th, 2011 • Calais Resources Inc • Metal mining
THIS ASSIGNMENT OF LOAN PROPERTY (this "Assignment") is made and entered into as of the 12th day of March, 2010 by (1) Duane A. Duffy, Glenn E. Duffy, Luke Garvey and James Ober, known as the Duffy Group (collectively, "Assignor"), and (2) Calais Resources, Inc., a British Columbia corporation, and Calais Resources Colorado, Inc., a Nevada corporation (collectively, "Borrower"), for the benefit of Apollo Gold, Inc., a Delaware corporation ("Assignee").
