Lease Agreement - Rogue

This Mining Claim Lease Agreement ("Lease") is made and effective June 1, 2000 by and between Rogue Silicates, Inc. (Owner) and Advanced Mineral Technologies Inc.


1. PREMISES. Rogue Silicates Inc. hereby leases to AMT Inc. and AMT Inc. accepts the following: AMT Inc. will pay to Rogue the amount $5000.00 each year to maintain the properties and mine from its open pit. AMT Inc. has the right to open new pits, drill new sites and haul up to 10 million tons of material from anywhere on the Rogue properties. It will be the responsibility of AMT to obtain these pelll1its.


2. TERM. The term of this Lease shall start on June 1,2000, continue until AMT has acted on the option to purchase the entire deposit.


3. ANNUAL PAYMENT. AMT Inc. agrees to pay, without demand, to Rogue Silicates Inc. as rent for the Rogue properties the sum of $5,000.00 per year, in advance on the first day of August, at 7234 N. Applegate Rd. Grants Pass, Or. 97527, or at such other place as Rogue may designate.


4. USE OF PROPERTY. A. The Property shall be used and occupied by AMT Inc. exclusively as a Mining Claim with all rights as a mining claim, no timber shall be removed not associated with mining operations, water shall not be sold or removed from the property without a purchase from Rogue or until AMT Inc. has purchased the entire properties.


B. AMT Inc. shall comply with all laws, ordinances, rules, and orders of appropriate governmental authorities, with respect to the Property.


5. ASSIGNMENT AND SUBLE ...