PACIFIC RODERA VENTURES INC. LETTERHEAD
LETTERHEAD
September 1, 1999
VIA FACSIMILE
International Frontier Resources Corp.
Suite #312, 0000 Xxxxx Xxxxxx XX
Calgary, Alberta
T2R 0T9
Attention: Mr. Xx. Xxxxxxx Xxxxxxx
Dear Xxx,
RE: MIDALE AREA - SASKATCHEWAN AGREEMENT DATED FEBRUARY 5, 1998
Further to our telephone conversation today this letter is to confirm our understanding regarding the above captioned matter. Pacific Royal Ventures Ltd. ("Pacific") and Rodera Diamond Corp. ("Rodera") each elected to participate in your offer dated February 5, 1998 on the Midale Area - Saskatchewan prospect, of which copies are attached hereto. This is to confirm that the offer to participate for Pacific and Rodera should have read as follows:
1) LEASE ACQUISITION
Xxxxxxx agrees to participate for a 33.33% share of the offer to Richfield Oils Inc., a copy of which is attache4d hereto, to earn a 25% interest in the Freehold Leases.
AND
Rodera agrees to participate for a 33.33% share of the offer to Richfield Oils Inc., a copy of which is attached hereto, to earn a 25% interest in the Freehold Leases.
All other clauses in the February 5, 1998 offer to participate remain as is. Please confirm your understanding of the above by signing where indicated below.
Yours truly,
Per: /s/ "Xxxxx Xxxx"
Xxxxx Xxxx
CFO
ACCEPTED & AGREED TO THIS 1ST day of SEPTEMBER, 1999
INTERNATIONAL FRONTIER RESOURCES CORP.
/s/ "Wm. Xxxxxxx Xxxxxxx"
Wm. Xxxxxxx Xxxxxxx, President & CEO