Exhibit 10.5 AMENDMENT TO MINERAL RIGHTS REVENUE SHARING AGREEMENT DATED APRIL 24, 2006 This Amendment dated December 8, 2010. BETWEEN: Jorge Alberto Almarez ("Mr. Almarez"), an individual under the laws of Mexico and having an office at: 157 Calle...Mineral Rights Revenue Sharing Agreement • December 21st, 2010 • Placer Del Mar, Ltd. • Metal mining
Jorge Alberto Almarez 157 Calle Federico #157 B.C. Mexico September 30th, 2012 Humberto Bravo Placer Del Mar, Ltd. 302 Washington Street #351 San Diego, CA 92103 Dear Humberto: Per our conversation please accept this letter to formalize our agreement....Mineral Rights Revenue Sharing Agreement • October 15th, 2012 • Placer Del Mar, Ltd. • Metal mining
Per our conversation please accept this letter to formalize our agreement. As per section 4.1 of the Mineral Rights Revenue Sharing Agreement between me and Placer Del Mar, Placer Del Mar was to begin making payments of $6,666 per month on April 1, 2012.
