0000949353-11-000328 Sample Contracts

Employment Agreement with Brent E. Timmons dated October 26, 2011
Employment Agreement • October 28th, 2011 • Calais Resources Inc • Metal mining • Colorado

WHEREAS the Company and Executive desire that the agreements and understandings pursuant to which the Company has agreed to hire Executive and Executive has agreed to serve be set forth in writing for the benefit of both parties:

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Extension Agreement with Brigus Gold Corp. dated October 24, 2011
Extension Agreement • October 28th, 2011 • Calais Resources Inc • Metal mining • Colorado

This Extension Agreement (the “Agreement”) is dated as of October 24, 2011 and is made by and among Brigus Gold Corp., a Canadian corporation (“BGC”), Brigus Gold, Inc., a Delaware corporation (“BGI” and, together with BGC, “Brigus”), Calais Resources Inc., a British Columbia corporation (“CRI”), and Calais Resources Colorado, Inc., a Nevada corporation (“CRCI” and, together with CRI, “Calais”). Brigus and Calais are collectively referred to herein as the parties. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Forbearance Agreement (as defined below).

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