0001078782-12-000034 Sample Contracts

PROPERTY OPTION AGREEMENT FOR THE BELO PROPERTY Dated January 7, 2012
Property Option Agreement • January 10th, 2012 • North Springs Resources Corp. • Drilling oil & gas wells

WHEREAS the Optionor is the owner of a 100% interest of the BELO PROPERTY in the mineral rights granted under a Large Scale Prospecting Licences (PL 04/2011, the “Licence”) situated in the Kabouri District of the Cooperative Republic of Guyana, such Prospecting License being described as the KABOURI C-51 Property (the “Property”), as set out more particularly in Schedule “A” attached hereto and made a part hereof;

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