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Re: snotter post# 1911

Friday, 01/27/2012 9:59:05 AM

Friday, January 27, 2012 9:59:05 AM

Post# of 2096
"Under the Joint Venture Development the Optionee shall pay to the Optionor an advance minimum mining profit interest per 4 month period of $200,000 (United States Dollars Two hundred thousand), that will be deducted from the Optionor 15% NET PROFIT INTEREST."