ContractExploration and Assignment Option Agreement of Mining Concessions • November 23rd, 2010 • Capital Gold Corp • Gold and silver ores
EXPLORATION AND ASSIGNMENT OPTION AGREEMENT OF MINING CONCESSIONS (THE “AGREEMENT”) ENTERED INTO BY AND BETWEEN COMPAÑÍA MINERA HUAJICARI, S.A. DE C.V., REPRESENTED BY MR. SANTANA ARMANDO GUADIANA TIJERINA (THE “COMMITTING ASSIGNOR”); AND NAYARIT GOLD DE MÉXICO, S.A. DE C.V., A COMPANY INCORPORATED UNDER THE LAWS OF THE MEXICAN UNITED STATES (“NAYARIT” or “THE EXPLORER AND COMMITTING ASSIGNEE”), REPRESENTED HEREIN BY MR. COLIN PAUL SUTHERLAND, PURSUANT TO THE FOLLOWING RECITALS AND CLAUSES:
