Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - Geopulse Exploration Inc.Financial_Report.xls
10-K - FORM 10K - Geopulse Exploration Inc.geopulse_10k13112final.htm
EX-31 - EXHIBIT 31.1 - Geopulse Exploration Inc.exhibit3112.htm
EX-32 - EXHIBIT 32.1 - Geopulse Exploration Inc.exhibit3212.htm
EX-32 - EXHIBIT 32.2 - Geopulse Exploration Inc.exhibit3222.htm
EX-31 - EXHIBIT 31.2 - Geopulse Exploration Inc.exhibit3123.htm
EX-10 - EXHIBIT 10.7 - Geopulse Exploration Inc.exhibit107.htm

(11/10)

Directors Agenda Date:  

2/6/12

 

MINERAL LEASE NO.

ML 52128


 

 

 

GRANT:

SCH

 

 

 

 

 


METALLIFEROUS MINERALS LEASE FORM



THIS MINING LEASE AND AGREEMENT (the “Lease”) is entered into and is effective as of MARCH 1, 2012, by and between the STATE OF UTAH, acting by and through the SCHOOL AND INSTITUTIONAL TRUST LANDS ADMINISTRATION, 675 East 500 South, Suite 500, Salt Lake City, Utah 84102 (‘Lessor”), and


GEOPULSE EXPLORATION INC.

6565 AMERICAS PARKWAY NE, SUITE 200

ALBUQUERQUE, NM 87110


having a business address as shown above (“Lessee”).


WITNESSETH:


That the State of Utah, as Lessor, in consideration of the rentals, royalties, and other financial consideration paid or required to be paid by Lessee, and the covenants of Lessee set forth below, does hereby GRANT AND LEASE to Lessee the exclusive right and privilege to explore for, drill for, mine, remove, transport, convey, cross-haul, commingle, and sell the leased substances covered by this lease and located within the boundaries of the following-described tract of land (the “Leased Premises”) located in SAN JUAN County, State of Utah:


 

T30S, R24E, SLB&M.

 

SEC. 32: ALL

 

 

 

 

 

 

 

 

 

 

 

 

Containing 640.00 acres, more or less.



Together with the right and privilege to make use of the surface and subsurface of the Leased Premises for uses reasonably incident to the mining of leased substances by Lessee on the Leased Premises or on other lands under the control of Lessee or mined in connection with operations on the Leased Premises, including, but not limited to, conveying, storing, loading, hauling and otherwise transporting leased substances; excavating; removing, stockpiling, depositing and redepositing of surface materials; developing and utilizing mine portals and adjacent areas for access, staging and other purposes incident to mining; and the subsidence, mitigation, restoration and reclamation of the surface.