ContractExploration and Purchase Option Agreement • February 12th, 2004 • Mag Silver Corp • Gold and silver ores
EXPLORATION AND PURCHASE OPTION AGREEMENT, ENTERED INTO BY AND BETWEEN MINERA RIO TINTO S.A. DE C.V., HEREINAFTER REFERRED TO AS "RIO TINTO", REPRESENTED BY ING. MARIO AYUB, AND MINERA LAGARTOS, S.A. DE C.V, HEREINAFTER REFERRED TO AS "LAGARTOS", REPRESENTED BY ING. PORFIRIO PADILLA LARA , AND MAG SILVER CORP., HEREINAFTER REFERRED TO AS “MAG”, REPRESENTED BY MR. GEORGE S. YOUNG, IN ACCORDANCE WITH THE FOLLOWING REPRESENTATIONS AND CLAUSES:
