Exploration Agreement and Option Sample Contracts

EXPLORATION AGREEMENT AND OPTION

Exploration Agreement and Option • July 13th, 2015 • LKA GOLD Inc /DE/ • Mining & quarrying of nonmetallic minerals (no fuels) • Colorado

• Contract Type
  Exploration Agreement and Option
• Filed
  July 13th, 2015
• Company
  LKA GOLD Inc /DE/
• Industry
  Mining & quarrying of nonmetallic minerals (no fuels)
• Jurisdiction
  Colorado

THIS EXPLORATION AGREEMENT AND OPTION (“Agreement”) is dated and effective this 9th day of July, 2015 (“Effective Date”) by and between LKA GOLD INCORPORATED, a Delaware corporation (“LKA”) and KINROSS GOLD U.S.A, INC., a Nevada corporation (“Kinross”).