AMENDMENT - ML 51993 A - METALLIFEROUS MINERALSMineral Lease Amendment • May 10th, 2021
This lease is being amended and restated for an additional 10-year term expiring on May 31, 2031. The annual rental is $1.00 per acre and the minimum annual royalty is three (3) times the annual rental ($1,920.00). Production royalty is 8% of fissionable and 4% of non-fissionable metalliferous minerals.
AMENDMENT - ML 52012 - METALLIFEROUS MINERALSMineral Lease Amendment • August 2nd, 2021
On July 31, 2021, this lease reached the end of its 10-year lease term. As provided for in Paragraph 3.6 of the lease agreement, at the end of each 10-year period, the lessor shall have the right to readjust the terms and conditions of the lease as may then be determined to be in the best interest of the Trust. The lease is readjusted under the following terms:
AMENDMENT NO. 3 TO MINERAL LEASEMineral Lease Amendment • September 19th, 2011 • Contango ORE, Inc. • Gold and silver ores
THIS AMENDMENT No. 3 to MINERAL LEASE (“Amendment No. 3”) is made effective the 1st day of July, 2011 (“Effective Date”) and entered into as of the Effective Date by and between the TETLIN VILLAGE COUNCIL, a/k/a TETLIN TRIBAL COUNCIL (“Tetlin”), an Alaska Native Village corporation organized pursuant to the Alaska Native Claims Settlement Act, 43 U.S.C. §§1601 – 1629 (“ANCSA”), whose address is P.O. Box 797 Tok, AK 99789, and CONTANGO ORE, INC., a Delaware corporation, as successor-in-interest by assignment of JUNEAU EXPLORATION, LP, d/b/a JUNEAU MINING COMPANY (“Juneau”), and authorized to do business in Alaska and having its principal place of business at 3700 Buffalo Speedway, Suite 960, Houston, TX 77098 (“CORE”).
