--------------------------------------------------------------------------------

Exhibit 10.2
 
 
PLACER CLAIMS ASSIGNMENT AGREEMENT

This ASSIGNMENT AGREEMENT (this "Agreement"), dated July 31, 2014, is by and
between A. Scott Dockter and Teresa Dockter ("Assignors"), and PUREBASE, INC.
("Assignee").  All capitalized terms not otherwise defined herein shall have the
meanings assigned to them in the Placer Mining Claim Location Notices (as
defined below).

Background

The Assignors, either individually or together, filed or recorded various Placer
Mining Claim Location Notices on September 10, 2013 and October 31, 2013,
relating to certain Placer mining claims identified as “USMC 1” thru “USMC 50”
covering 1,145 acres located in Lassen County, California and listed as Exhibit
A hereto (hereinafter referred to as the “Placer Claims”) and certain assets
listed as Exhibit A-1 (hereinafter referred to as the “Premises”).

Terms

NOW, THEREFORE, in consideration of the execution and delivery of  the Placer
Claims and Premises and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, and intending to be legally bound
hereby, the parties hereto agree as follows:

1.      The Assignor(s) do hereby sell, assign, convey, transfer and deliver to
the Assignee, its successors and assigns, all of the Assignors’ right, title and
interest in and to the Placer Claims and Premises.   This is a transfer and
conveyance by the Assignors to the Assignee of good and marketable title to the
Placer Claims, free and clear of all liens, claims, charges, leases, and
encumbrances of any nature whatsoever, except for liens and encumbrances
disclosed to and accepted by the Assignee.  Assignors hereby covenant and agree
to forever warrant and defend the right and title to the Placer Claims against
any and all undisclosed or excluded claims whatsoever.  The Assignors also
assign to Assignee all rights to mine and extract such minerals as may exist on
the property covered by the Placer Claims.
 
 
 
Page 1 of 5

--------------------------------------------------------------------------------

 
 
 
2.      Assignee accepts the foregoing assignment and agrees to perform the
obligations of Assignors as the “Locators” of the Placer Claims.  Assignee shall
indemnify and hold harmless Assignors from all loss, liability, cost and
expense, including reasonable attorney's fees, should it fail to do so.
 
3.      Assignor(s) shall execute, deliver and file such further instruments of
conveyance, transfer and assignment and take such other actions reasonably
requested by Assignee in order to properly record and effectuate the assignment,
transfer, conveyance to and the vesting of all rights and title to the Placer
Claims in the Assignee.
 
4.      This Agreement may not be amended or terminated except by a written
instrument duly signed by each of the parties hereto.  This Agreement shall
inure to the benefit of, and be binding upon, each of the parties hereto and
their respective successors and assigns.
 
5.      Nothing in this Agreement, expressed or implied, is intended or shall be
construed to confer upon or give to any person, firm or corporation other than
the Assignee and the Assignor(s), their successors and assigns, any remedy or
claim under or by reason of this instrument or any term, covenant or condition
hereof, and all of the terms, covenants, conditions, promises and agreements
contained in this instrument shall be for the sole and exclusive benefit of the
Assignee and the Assignor(s), their successors and assigns.
 
6.      To the extent any provision of this Agreement is inconsistent with the
Placer Mining Claim Location Notices, the provisions of the Notices duly filed
with the Lassen County Clerk-Recorder will control.
 
7.      This Agreement shall be governed by, and construed in accordance with,
the laws of the State of California without giving effect to the conflict of
laws provisions thereof.
 
 
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
effective as of the date first above written.
 
 

“ASSIGNORS”      “ASSIGNEE”            
/s/ A.Scott Dockter
   
Purebase, Inc.
 
A. Scott Dockter
   
 
 
 
   
 
  /s/ Teresa Dockter     /s/ Todd Gauer   Teresa Dockter     Todd Gauer, CFO  

 
 
 
Page 2 of 5

--------------------------------------------------------------------------------

 
 
 
EXHIBIT 1
 
The “Property”
 
The unpatented mining claims located in Lassen County, California, as identified
below:

Claim Name
BLM Serial No.
Legal
Description
Federal Lands [MDBM]
Acres
USMC 1
 
W1/2 NW1/4  NE1/4
Sec.12, T.22 N., R 17 E.
20
USMC 2
 
E1/2 NW1/4  NE1/4
Sec.12, T.22 N., R 17 E.
20
USMC 3
 
W1/2 Lot 1
Sec.12, T.22 N., R 17 E.
27.5
USMC 4
 
E1/2 Lot 1
Sec.12, T.22 N., R 17 E.
27.5
USMC 5
 
W1/2 SW1/4  NE1/4
Sec.12, T.22 N., R 17 E.
20
USMC 6
 
E1/2 SW1/4  NE1/4
Sec.12, T.22 N., R 17 E.
20
USMC 7
 
W1/2 Lot 2
Sec.12, T.22 N., R 17 E.
27.5
USMC 8
 
E1/2 Lot 2
Sec.12, T.22 N., R 17 E.
27.5
USMC 9
 
W1/2 NW1/4  SE1/4
Sec.12, T.22 N., R 17 E.
20
USMC 10
 
E1/2 NW1/4  SE1/4
Sec.12, T.22 N., R 17 E.
20
USMC 11
 
W1/2 Lot 3
Sec.12, T.22 N., R 17 E.
27.5
USMC 12
 
E1/2 Lot 3
Sec.12, T.22 N., R 17 E.
27.5
USMC 13
 
W1/2 SW1/4  SE1/4
Sec.12, T.22 N., R 17 E.
19.5
USMC 14
 
E1/2 SW1/4  SE1/4
Sec.12, T.22 N., R 17 E.
19.5
USMC 15
 
W1/2 Lot 4
Sec.12, T.22 N., R 17 E.
27
USMC 16
 
E1/2 Lot 4
Sec.12, T.22 N., R 17 E.
27
USMC 17
 
W1/2 NW1/4  NE1/4
Sec.13, T.22 N., R 17 E.
20
USMC 18
 
E1/2 NW1/4  NE1/4
Sec.13, T.22 N., R 17 E.
20
USMC 19
 
W1/2 Lot 1
Sec.13, T.22 N., R 17 E.
27.5
USMC 20
 
E1/2 Lot 1
Sec.13, T.22 N., R 17 E.
27.5
USMC 21
 
W1/2 SW1/4  NE1/4
Sec.13, T.22 N., R 17 E.
20
USMC 22
 
E1/2 SW1/4  NE1/4
Sec.13, T.22 N., R 17 E.
20
USMC 23
 
W1/2 Lot 2
Sec.13, T.22 N., R 17 E.
27.5
USMC 24
 
E1/2 Lot 2
Sec.13, T.22 N., R 17 E.
27.5

 
Page 3 of 5

--------------------------------------------------------------------------------

 
 
 
EXHIBIT 1 - Continued

The “Property”

The unpatented mining claims located in Lassen County, California, as identified
below:
 
Claim Name
BLM Serial No.
Legal
Description
Federal Lands [MDBM]
Acres
USMC 25
 
W1/2 NW1/4  SE1/4
Sec.13, T.22 N., R 17 E.
20.5
USMC 26
 
E1/2 NW1/4  SE1/4
Sec.13, T.22 N., R 17 E.
20.5
USMC 27
 
W1/2 Lot 3
Sec.13, T.22 N., R 17 E.
28.5
USMC 28
 
E1/2 Lot 3
Sec.13, T.22 N., R 17 E.
28.5
USMC 29
 
W1/2 SW1/4  SE1/4
Sec.13, T.22 N., R 17 E.
20.5
USMC 30
 
E1/2 SW1/4  SE1/4
Sec.13, T.22 N., R 17 E.
20.5
USMC 31
 
W1/2 Lot 4
Sec.13, T.22 N., R 17 E.
29
USMC 32
 
E1/2 Lot 4
Sec.13, T.22 N., R 17 E.
29
USMC 33
 
W1/2 of Lot 1
Sec.24, T.22 N., R 17 E.
26
USMC 34
 
E1/2 of Lot 1
Sec.24, T.22 N., R 17 E.
26
USMC 35
 
W1/2 NW 1/4 SW 1/4
Sec.1, T.22 N., R 17 E.
19
USMC 36
 
E1/2 NW 1/4 SW 1/4
Sec.1, T.22 N., R 17 E.
19
USMC 37
 
W1/2 NE 1/4 SW 1/4
Sec.1, T.22 N., R 17 E.
19.5
USMC 38
 
E1/2 NE 1/4 SW 1/4
Sec.1, T.22 N., R 17 E.
19.5
USMC 39
 
W1/2 NW 1/4 SE 1/4
Sec.1, T.22 N., R 17 E.
19.5
USMC 40
 
E1/2 NW 1/4 SE 1/4
Sec.1, T.22 N., R 17 E.
19.5
USMC 41
 
W1/2 NE 1/4 SE 1/4
Sec.1, T.22 N., R 17 E.
23
USMC 42
 
E1/2 NE 1/4 SE 1/4
Sec.1, T.22 N., R 17 E.
23
USMC 43
 
W1/2 SW 1/4 SW 1/4
Sec.1, T.22 N., R 17 E.
19
USMC 44
 
E1/2 SW 1/4 SW 1/4
Sec.1, T.22 N., R 17 E.
19
USMC 45
 
W1/2 SE 1/4 SW 1/4
Sec.1, T.22 N., R 17 E.
19
USMC 46
 
E1/2 SE 1/4 SW 1/4
Sec.1, T.22 N., R 17 E.
19
USMC 47
 
W1/2 SW 1/4 SE 1/4
Sec.1, T.22 N., R 17 E.
19.5
USMC 48
 
E1/2 SW 1/4 SE 1/4
Sec.1, T.22 N., R 17 E.
19.5
USMC 49
 
W1/2 SE 1/4 SE 1/4
Sec.1, T.22 N., R 17 E.
25.5
USMC 50
 
E1/2 SE 1/4 SE 1/4
Sec.1, T.22 N., R 17 E.
25.5

A total acres held in claim = 2,345
 

 
 
Page 4 of 5

--------------------------------------------------------------------------------

 

 
EXHIBIT 1-A
 
The “Premises”
 
 
 
●
Premises Identified as Assessor’s Parcel Number 145-030-2211.

 
 
●
All fixed assets upon said parcel.

 
 
●
All tangible and intangible assets upon listed parcel.

 
 
●
All equipment upon listed parcel.

 
 
 
 
 
 
 

 

Page 5 of 5

--------------------------------------------------------------------------------