0001137050-06-000379 Sample Contracts

ASSIGNMENT OF CONTRACT AGREEMENT
Assignment of Contract Agreement • December 18th, 2006 • Mexoro Minerals LTD • Blank checks • Chihuahua

MINERA RIO TINTO, S. A. DE C. V. a company duly incorporated and validly existing pursuant to the laws of the United Mexican States, herein represented by MARIO AYUB TOUCHE in his capacity as Sole Administrator holding general powers of attorney for legal representation and collections, acts of administration and domain, and having an office at Av. Pascual Orozco Number 2117- Altos, La Cima, C. P. 31310, Chihuahua, Chihuahua (RFC MRT940802NN2) (hereinafter referred to as " Assignor")

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Contract
Mexoro Minerals LTD • December 18th, 2006 • Blank checks

EXPLORATION, WORK AND SALE PROMISE CONTRACT ENTERED INTO BY “CORPORATIVO MINERO, S.A. DE C.V.” (HEREINAFTER REFERRED TO AS “THE PROMISOR”), REPRESENTED BY ITS PROXY JOSE CONRADO TERRAZAS CANO AND BY “MINERA RIO TINTO, S.A. DE C.V.” (HEREINAFTER REFERRED TO AS “THE EXPLORATION COMPANY”) REPRESENTED BY ITS PROXY MARIO AYUB, PURSUANT TO THE FOLLOWING STATEMENTS AND CLAUSES:

ANEXO C VERSION EN INGLES
Version en Ingles • December 18th, 2006 • Mexoro Minerals LTD • Blank checks • Chihuahua

COMPAÑÍA MINERA DE NAMIQUIPA, S. A. DE C. V. a company duly incorporated and validly existing pursuant to the laws of the United Mexican States, herein represented by MARIO HUMBERTO AYUB TOUCHE holding general powers of attorney for legal representation and collections, acts of administration and domain (hereinafter referred to as “Namiquipa”)

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