Exploration and Option to Purchase Mineral Concessions Agreement Sample Contracts

EXPLORATION AND OPTION TO PURCHASE MINERAL CONCESSIONS AGREEMENT
Exploration and Option to Purchase Mineral Concessions Agreement • October 27th, 2011 • Timmins Gold Corp. • Gold and silver ores

This Agreement, made and entered in Monterrey City, State of Nuevo Leon, United Mexican States, as of the 24th day of November of the year (2010) Two Thousand and Ten, between FERNANDO SANTOS CHAVEZ, and his wife MARIA ISAIAS YOLANDA RANGEL ZAVALA granting her marital consent; ONESIMO DOÑEZ NORIEGA, and his wife MARIA ELVIA REYES GUTIERREZ also granting her marital consent (hereinafter they shall collectively be referred to as the “Concessionaires and Vendors”) of the first part, and TIMMINS GOLDCORP MEXICO, S.A. DE C.V. (hereinafter referred to as the “Exploration Company and Buyer”), hereby represented by FRANCISCO ARTURO BONILLAS ZEPEDA, its legal representative who holds powers enough to represent the said company, of the second part.

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