Block 3 Project Sample Clauses

Block 3 Project. A. Exploitation Mining Concessions NAME XXXXXX 0 XXXXXXX XX 000 0 AL 40 Xxxxxxxxxxx 0 XXXXXXX XX 000 0 AL 60 Xxxxxxxxxxx 0 XXXXXXX XX 000 0 AL 60 Xxxxxxxxxxx 0 XXXXXXX XX 000 0 AL 20 Constituted B. Exploration Mining Concessions NAME STATUS 1 DOMEYKO IV 96 Constituted 2 DOMEYKO IV 97 Constituted 3 DOMEYKO IV 98 Constituted 4 DOMEYKO IV 99 Constituted 5 DOMEYKO IV 100 Constituted 6 DOMEYKO IV 101 Constituted 7 DOMEYKO IV 102 Constituted 8 DOMEYKO IV 107 Constituted 9 DOMEYKO IV 108 Constituted 10 DOMEYKO IV 109 Constituted 11 DOMEYKO IV 110 Constituted 12 DOMEYKO IV 111 Constituted 13 DOMEYKO IV 112 Constituted 14 DOMEYKO IV 113 Constituted 15 DOMEYKO IV 114 Constituted 16 DOMEYKO IV 115 Constituted 17 DOMEYKO IV 123 Constituted 18 DOMEYKO IV 124 Constituted 19 DOMEYKO IV 125 Constituted 20 DOMEYKO IV 127 Constituted 21 DOMEYKO IV 128 Constituted 22 DOMEYKO IV 129 Constituted 23 DOMEYKO IV 130 Constituted 24 DOMEYKO IV 131 Constituted 25 DOMEYKO IV 139 Constituted 26 DOMEYKO IV 140 Constituted 27 DOMEYKO IV 141 Constituted 28 DOMEYKO IV 142 Constituted 29 DOMEYKO IV 143 Constituted 30 DOMEYKO IV 144 Constituted 31 DOMEYKO IV 145 Constituted 32 DOMEYKO IV 146 Constituted 33 DOMEYKO IV 154 Constituted 34 DOMEYKO IV 155 Constituted 35 DOMEYKO IV 156 Constituted 36 DOMEYKO IV 157 Constituted 37 DOMEYKO IV 158 Constituted 38 DOMEYKO IV 159 Constituted

Block 3 Project. EMX-Block 3 Royalty: Pursuant to Article Three of the EMX-Serena Mining Royalty Agreement, Serena Mining must pay EMX a royalty equivalent to 1% of the Net Smelter Return /NSR/ from the sale or disposal of minerals extracted from each and every one of the Block 3 Project’s mining concessions (the “EMX-Block 3 Royalty”).