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Thursday, April 15, 2021 2:58:39 PM
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http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=145536
D. New Claims at White Hills.
Claimholder has located additional lode mining claims (the “New White Hills Claims”) in the White Hills project area (T24 and 25N, R20W, GSRBM), which have been recorded with the Mohave County Recorder as Items 2015040857 and 2015040858 but have not yet been recorded with the BLM. The “New White Hills Claims” are hereby substituted for the Existing Claims at “White Hills”, which Existing Claims are hereby returned to Frederick C. Bauman, Barbara M. Bauman, Anaconda Exploration, LLC, McIntyre & Bauman Group, LLC, Middle Verde Development Co., LLC and Searchlight Exploration, LLC without further obligation on the part of GNCC or White Hills Gold Exploration, Inc. except as provided below. White Hills Gold Exploration, Inc.’s ongoing work expenditure requirement for “White Hills” shall be $50,000 (Fifty thousand dollars) per year, commencing with the 2016 calendar year.
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