Assignment of Mining Lease Sample Contracts

ASSIGNMENT OF MINING LEASE
Assignment of Mining Lease • July 2nd, 2009 • BE Resources Inc. • Miscellaneous metal ores

For One Dollar ($1.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, Great Western Exploration, LLC (“Assignor”), does hereby assign, convey and set over unto BE Resources Inc. (“Assignee”), whose legal address is 107 Hackney Circle, Elephant Butte, New Mexico 87935, all of its right, title and interest in and to that certain Mining Lease dated January 2, 2004, between David Q. Tognoni, as Lessee and Kenneth Alan Sullivan and Cherrill L. Sullivan, as Lessors, which lease was assigned by David Q. Tognoni to the Assignor on February 3, 2004, upon certain real property described in said lease located in Socorro County, New Mexico, which is more fully described as:

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