MILL OPERATING AND OPTION AGREEMENT By and Between Montana Tunnels Mining, Inc. and Elkhorn Goldfields, Inc.Mill Operating and Option Agreement • August 2nd, 2006 • Apollo Gold Corp • Gold and silver ores • Colorado
Contract Type FiledAugust 2nd, 2006 Company Industry JurisdictionTHIS MILL OPERATING AND OPTION AGREEMENT is made as of the 28th day of July, 2006 (the “Execution Date”), by and between Montana Tunnels Mining, Inc., a Delaware corporation (“MTM”), and Elkhorn Goldfields, Inc., a Montana corporation (“EGI”) and an Affiliate of Calim Private Equity LLC (“CPE”), with MTM and EGI sometimes referred to herein individually as a “party” and collectively as “parties.”