Exploration Agreement With Option for Joint Venture Sample Contracts

EXPLORATION AGREEMENT WITH OPTION FOR JOINT VENTURE
Exploration Agreement With Option for Joint Venture • July 14th, 2006 • Luna Gold Corp • Gold and silver ores • Nevada

This Exploration Agreement with Option for Joint Venture (“Agreement”) dated as of September 12, 2005 (“Effective Date”), is between Luna Gold Corporation, a Canadian corporation registered under the Canada Business Corporations Act and having its principal place of business at Suite 920--475 West Georgia Street, Vancouver, B.C., Canada V6B 4M9 (“Luna”) and Centerra (U.S.) Inc., a Nevada corporation having its principal place of business at 5450 Riggins Court, Suite 6, Reno, Nevada 89502 (“Centerra”).

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