Exploration of Mining Concession and Option to Purchase Mining Rights Agreement Sample Contracts

Contract
Exploration of Mining Concession and Option to Purchase Mining Rights Agreement • May 14th, 2008 • Nayarit Gold Inc.

AMENDMENT TO THE EXPLORATION OF MINING CONCESSION AND OPTION TO PURCHASE MINING RIGHTS AGREEMENT ENTERED INTO BY AND BETWEEN MR. ADRIAN EVODIO PRADO GOMEZ AND HIS WIFE MRS. YUKIKO ADACHI DE PRADO, BOTH ACTING BY THEIR OWN RIGHT (HEREINAFTER "PRADO") AND MINERA PORTREE DE ZACATECAS, S.A. DE C.V., HEREBY REPRESENTED BY MR. LUIS EMILIO VILLANUEVA AVELLANEDA (HEREINAFTER "PORTREE"), IN TERMS OF THE FOLLOWING DECLARATIONS AND CLAUSES:

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