P1177


 


AN AGREEMENT FOR A


HELICOPTER-BORNE GEOPHYSICAL SURVEY
IN MEXICO


 


for:


 


California Gold Corporation


4515 Ocean View Blvd., Suite 305


La Cañada, CA 91011


USA


 


by:


 


MPX Geophysics Ltd.


25 Valleywood Drive, Unit # 14


Markham, ON, L3R 5L9, CANADA


Tel.: 905-947-1782


Fax.: 905-947-1784


E-mail: info@mpxgeophysics.com


 


November 4th,
2011


 










    	 



    	 	P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


This AIRBORNE GEOPHYSICAL
SURVEY AGREEMENT (which, together with the Attachments hereto, is hereinafter collectively referred to as this “Agreement”)
is made and entered into effective as of the 4th day of November, 2011 (the “Effective Date”), by
and between:


 


California Gold Corporation


4515 Ocean View Blvd., Suite 305


La Cañada, CA 91011


USA


 


Hereinafter shall be called the “Client"


 


OF THE FIRST PART


 


- and -


 


MPX GEOPHYSICS LTD.


25 Valleywood Drive, Unit # 14


Markham, ON


Canada L3R 5L9






A company incorporated under the laws of Canada, hereinafter
called "MPX"


 


OF THE SECOND PART


 


WHEREAS MPX has equipment and personnel
capable of performing aerial surveys over land which the Client wishes to have surveyed and known as the Auro Tellurio
Project in the State of Sonora, Mexico.


 


AND WHEREAS the Client wishes to
have MPX perform aerial surveys over such land;


 


NOW THEREFORE WITNESSETH that in consideration
of the mutual covenants the Parties hereto agree as follows:


 


		1.	The term "Survey Area" means subject to paragraph 2 hereof those areas shown in Schedule
B hereof. The definition shall be equally applicable to both singular and plural forms.



 


		2.	MPX hereby undertakes to use its best efforts to cause to be carried out at its expense
an airborne geophysical survey (hereinafter referred to as the "Survey") over the Survey Areas, under the terms of this
Agreement. Flying is to be carried out with flight lines being in the directions and at the spacing as indicated in Schedule B.



 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-2-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		3.	The services to be provided by MPX in connection with the Survey shall include the following:



 


		(a)	Mobilization of its equipment and personnel to the Survey Area



 


		(b)	Data acquisition as specified in Schedule C.



 


		(c)	Demobilization.



 


		(d)	Computer processing, as specified in Schedule D.



 


		(e)	Preparation and delivery to the Client of the products specified in Schedule E.



 


			



		4.	MPX will not divulge any information with respect to the Survey to third parties.



 


		5.	The Client agrees to pay MPX the aggregate of the amounts defined in Schedule A.
The payments made by the Client to MPX are not subject to abatement, and shall be made as follows:



 


		(a)	For purposes of this Agreement, all invoices shall be due for payment upon their receipt by the
Client.



 


		(b)	The delivery of preliminary or final maps or reports to the Client is contingent on the
full payment by the Client of all MPX invoices which are payable.



 


		(c)	In the event that an amount billed is not paid within 30 days of the payable date, MPX at
its option may in addition to any other remedy reschedule or cease all further work until payment is received and may delay the
delivery of documents as a consequence of rescheduling its work flow. In the event that the said amounts together with all interest
thereon are not paid within 60 days of the payable date, the amount due for work completed under this Agreement less any prepayments
will be payable immediately and MPX will not be obligated to provide further deliveries under this Agreement until payment
in full is received.



 


		(d)	Until payment hereunder is received in full the information, documents and data pertaining to the
Survey shall remain the property of MPX. The ownership of the information, documents and data will pass to Client
on MPX receiving payment in full.



 


		6.	The Client shall not contest any or all patents relating to the MPX System nor be
a Party, either directly or indirectly, to any proceeding disputing their validity.



 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 















    	-3-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 



		7.	The following provisions shall apply with respect to the Survey:



 


		(a)	The services to be provided by MPX shall be in their capacity as principals and not as agents
or servants of the Client.



 


		(b)	MPX hereby warrants that the Survey and the services to be provided in connection therewith
will be carried out in a proper and workmanlike manner, in accordance with current, generally accepted standards of the geophysical
survey industry. Notwithstanding anything to the contrary herein expressly contained or implied, neither MPX nor its parent,
subsidiary or associated companies shall be under any liability to the Client for any damages (including consequential damages)
whether as the result of acts of omission, commission, negligence or otherwise by MPX or these companies, their officers
or employees, suffered by the Client and arising out of the use by the Client or its assigns of any information or
opinions furnished to the Client hereunder, outside of their obligations under the Professional Geoscientists Act (Ontario,
2000).



 


		(c)	MPX shall be responsible for, and shall hold the Client free and harmless from, and
hereby indemnifies the Client against any and all claims, demands, causes of action, loss, costs, damages and expenses (collectively
the "Claims") in connection with injuries (including death) to any and all persons and damage to property sustained directly
from the performance of the Survey by MPX, its agents, employees and subcontractors. The Client shall take no steps,
directly or indirectly, to encourage any third party to make a Claim against itself or MPX without the prior written consent
of MPX. In the event such consent is not obtained, MPX shall not be responsible to the Client nor shall it
hold the Client free and harmless nor shall it be required to indemnify the Client from and against such Claims arising
in connection therewith.



 


		(d)	MPX shall promptly pay all costs and charges incurred by it in connection with the Survey,
and shall not suffer nor permit any liens to attach to any property of the Client.



 


		(e)	MPX shall obtain, pay for and keep in force during the performance of the Survey under this
Agreement the following insurance or equivalent coverage with policy amounts to be not less than those shown below:



 


	Type of Insurance	 	Amount	 
	 	 	 	 
	Workers' Compensation	 	 	Statutory	 
	 	 	 	 	 
	Employer's Liability and Comprehensive	 	 	 	 
	General Liability (including property damage, and automobile bodily
    injury and/or death)	 	CAN$	5,000,000.00	 



 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-4-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 



		(f)	The decision of the pilot of the survey helicopter not to fly specific flight lines or parts thereof
for reasons of safety shall be conclusive and binding and the flight lines or parts thereof not flown as a result of such decision
shall be deducted from the total to be flown.



 


		8.	Force Majeure:



 


		(a)	Except for the payment of monies earned to the date of Force Majeure and the indemnification obligations
arising hereunder, neither Party shall be liable for failure to perform any obligations arising under this contract, to the extent
that any such failure to perform is caused by Force Majeure, which is defined below, and which cannot, despite best endeavours
be remedied by the Party affected.



 


		(b)	Said Party shall promptly give notice to the other Party
of its inability to perform its obligations in full or in part under this contract pursuant to the foregoing causes and the obligations
of the Party giving such notice, so far as they are affected by such Force Majeure, shall be suspended during the continuance
of any inability so caused, but for no longer period, and the Parties shall thereupon use their best endeavours to overcome the
effects of such Force Majeure situation in all good faith.



 


		(c)	Force Majeure shall mean any human or natural event, beyond the control of the Parties, taking
place after the execution of this contract, unforeseeable and if not so inevitable, including but not bounded to acts of God, bad
weather and/or storms, geomagnetic disturbances (diurnal), fire and/or smoke haze, earthquakes, strikes, lockouts or differences
with workers, acts of war and/or the public enemy, terrorist activity, insurrections, riots, or rules or regulations of any governmental
authority asserting jurisdiction or control, USA government redirection of GPS satellites or laws, sunspot disturbances affecting
GPS satellites, compliance of which makes continuance of operations impossible, breakdown or non-availability of the helicopter,
which could prevent said Parties, either directly or indirectly, partially or totally, to comply with their obligations.



 


		(d)	Barring agreement on an equitable financial arrangement, either Party may terminate this Agreement
if the incident of Force Majeure exceeds five (5) days in duration, effective as of the end of the fifth day.



 


		9.	If MPX defaults in the performance of any obligations on its part to be performed, the Client
may, without prejudice to any other remedy it may have, immediately terminate this Agreement upon notice to MPX.



 


		10.	MPX agrees that the Client may identify MPX as the survey contractor in any
news releases by the Client, providing that the content of such news releases are first submitted to MPX for approval,
which approval will not be unreasonably withheld.



 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-5-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 



		11.	For the purpose of this Agreement, the addresses of the Parties hereto shall, unless and until
they are changed by written notification, be as follows:



 


MPX GEOPHYSICS LTD.


25 Valleywood Drive, Unit # 14


Markham, ON, L3R 5L9


Tel: 905-947-1782


Fax.: 905-947-1784


 


California Gold Corporation


4515 Ocean View Blvd., Suite 305


La Cañada, CA 91011


USA 





		12.	This Agreement shall be deemed to be a contract made under the laws of the Province of Ontario,
Canada and for all purposes shall be construed in accordance with the laws of the said Province.



 





	13.	(a)	This Agreement shall be effective as and from the date first mentioned above although actually executed and delivered after the aforesaid date, subject however to the provisions of paragraph 14(b).







 





		(b)	It is recognized that scheduling of the work to be performed by MPX under this Agreement
requires that this Agreement be executed by the Client and delivered to MPX no later than 11th November
2011. If the Agreement and amount payable on contract execution are not delivered by this date, then the commencement date
and prices referred to in later paragraphs may not be maintained and this Agreement shall become null and void at the option of
MPX.



 





	14.	(a)	Any notice or communication required or permitted hereunder shall be in writing and shall be transmitted to the other Party by Fax, with the original of the transmitted notice or communication deposited in the mail, postage prepaid, and addressed to the other Party as provided herein.  Alternatively, an established courier service may be used.







 


		(b)	Both the Client and MPX agree that the reproduction of signatures by way of a telecopying
device will be treated as though such reproductions were executed originals, and each of the Client and MPX undertakes
to provide each other with a copy bearing original signatures within a reasonable time.



 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-6-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 



		15.	General Performance
Obligations:



 


		(a)	MPX shall carry out the Work hereunder with due diligence and in a safe, workmanlike manner,
according to good international industry practice, and wherever possible in accordance with its own HSE manual, a copy of which
has previously been provided to Client.



 


		(b)	MPX agrees that if for any reason it is unable to undertake the mobilization of the Equipment
and Personnel as obligated under this Agreement, it will refund the mobilization and any other payments received prior to mobilization,
under Schedule A2, in full to the Client, with documents to explain its inability to undertake the mobilization.



 


		(c)	Client, or its representative, may make inspections of MPX’s operations to
verify that it is correctly fulfilling its obligations under this contract.



 


		(d)	Health, Safety and Environment: MPX has delivered to the Client a copy of its H.S.E.
(Health Safety and Environment) manual. Regarding Environmental policy, MPX shall fulfill all existing security, hygiene
and environmental protection rules, either national, provincial, municipal or Client related, where applicable.



 


		16.	Confidentiality:



 


		(a)	Other than as required by court or government order, all survey data and other information obtained
by MPX in the conduct of the Work, which would be considered trade secrets not otherwise available to other persons, shall
be held in strict confidence and shall not be divulged by MPX to any third party either during the term of this Agreement,
or thereafter, without written permission of the Client.



 


		(b)	The geophysical systems, the formulae and software (including source codes and object codes) required
to reduce the data to profiles and maps, etc., and all other technical data relating to same (collectively the “Information”),
are the proprietary property of MPX and are confidential information and may not be disclosed by Client to any third
party or used by Client for any other purpose, either during the term of this Agreement or thereafter without the written
permission of MPX, which permission will not be unreasonably withheld. The term “Information” does not include
information which (i) is or becomes generally available to the public other than as a result of a disclosure by Client or
anyone to whom Client transmits the Information, (ii) was known to Client or in Client’s possession
prior to the date it was disclosed to Client, or (iii) is or becomes available to Client on a non-confidential basis
from a source other than MPX or its affiliates, employees, agents, representatives or advisors, provided that such source
is not known to Client to be bound by a confidentiality agreement with or other obligation of secrecy to the MPX
or its affiliates, employees, agents, representatives or advisors or another party.



 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 















    	-7-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		17.	Client’s Representatives:



 


		(a)	The Client may designate, in writing, one or more Representatives who shall, at all
                                                               times, have complete access to the Work site for the purpose of observing and inspecting the Work performed by MPX.
                                                               Such Representative(s) shall be empowered to act on behalf of the Client in all matters relating to MPX's
                                                               performance of the Work and shall, at all times, have complete access to MPX's facility in Markham, Canada,
                                                               for the purpose of observing and inspecting the Work performed by MPX. Such Representative or Representatives
                                                               shall be empowered to act on behalf of the Client in all matters relating to MPX's performance of the
                                                               Work. Such Representative shall also have the right to designate additional flight lines to be flown during the
                                                               performance of the survey, by giving written instructions to MPX's onsite Project Manager. Any
                                                               such modifications will be given to MPX in a timely manner so as to facilitate the efficient collection of
                                                               data.



 


		18.	Care of Client's
Material and Information:



 


		(a)	If the Client provides material and/or information to MPX:



 


		·	MPX agrees to perform a visual
inspection of all Client’s material delivered into MPX’s possession, if any, and shall notify Client’s
Representative of any apparent defects. MPX shall not be liable for any loss or damage resulting as a direct consequence
from latent defects, duly notified as per the above phrase, in Client’s material used by MPX.



 


		·	MPX shall exercise reasonable and
prudent care in the use of material furnished.



 


		·	Upon the expiration or termination of
this Agreement, MPX shall return all material and information received by MPX from the Client. 



 


		19.	Independent Relationship:



 


		(a)	This agreement is not intended to create, nor shall it be construed to create, between the Client
and MPX or any of MPX’s subcontractors, if any, any relationship of employer-employee, master
servant agency, partnership or joint venture.



 


		(b)	In the performance of this work, MPX is an independent contractor, and shall control the
performance of the details of the work, and shall be responsible for the results. The Client shall have the right, however,
to supplement by written notice, the work objectives, as specified herein, and Client reserves the rights of observation
and inspection to secure satisfactory completion of the work. The observation by Client’s representatives at the work
site shall not relieve MPX from MPX’s obligations and responsibilities hereunder.



 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-8-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 



		20.	The Client shall not assign this Agreement without the consent of MPX except to a
parent, subsidiary or related corporation, and no assignment shall be made until the assignee shall have agreed in form satisfactory
to MPX to be bound by the terms and provisions of this Agreement. Subject to the foregoing limitations as to assignment,
this Agreement shall be binding upon and shall enure to the benefit of the Parties hereto and their respective successors.



 


		21.	Waivers: It is fully understood and agreed that none of the terms
of this Agreement shall be considered as waived by either Party unless the same is done in writing by the Party waiving such right.
Further, failure by either Party to enforce any rights shall not waive those, or other rights.



 


		22.	Entire Agreement: This Agreement contains the entire Agreement
between the Parties and supersedes and replaces any oral or written communications heretofore made between the Parties relating
to the Work.



 


		23.	Severability: If any of the terms or conditions of this agreement
are found to be invalid, illegal or unenforceable by a court of competent jurisdiction, the remaining terms and conditions of this
agreement shall stay in full force and effect.



 


		24.	Successors and Assigns. This Agreement shall enure to the benefit
of, and shall bind the permitted successors and assigns of the Parties.



 


		25.	Law and Arbitration: 



 


		a.	The laws of the Province of Ontario, Canada shall govern the
validity, construction, interpretation, and effect of this Agreement, excluding any choice of the law rules that would otherwise
require the application of laws of any other jurisdiction.



 


		b.	All disputes arising from or in connection with this Agreement
shall be finally settled under the Commercial Arbitration Rules (the “Rules”) of the Canadian Arbitration Association
by three arbitrators appointed in accordance with the said Rules. The place of arbitration shall be the City of Toronto, Ontario.
In the event of an arbitration proceeding taking place, the Parties agree to abide by any decisions and /or obligations imposed
by the Arbitration Court. 



 


		26.	Clerical: All headings herein are intended for convenience only
and do not affect the meaning or interpretation of this Agreement.



 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-9-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 



		27.	Acceptance: In entering into this contract, the Parties agree to all of the above terms as well
as those given on the Attachments and Appendices to this Agreement, and in witness of this Agreement, the Parties have caused two
(2) copies of this contract to be signed by their authorized signing officer, one (1) copy to be retained by the Client
and one (1) copy to be retained by MPX.



 


	California Gold Corp.	 	MPX Geophysics Ltd.
	 	 	 
	Per: 	 	Per:
	 	 	 
	/s/ James Davidson 	 	/s/ Daniel McKinnon
	Name: James Davidson	 	Daniel McKinnon
	Title:  President	 	President


 


Dated:November
4, 2011





 


{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-10-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 



SCHEDULE
A


PRICING AND PAYMENT


 


SCHEDULE
B


SURVEY AREAS


 


SCHEDULE
C


HELICOPTER-BORNE MAGNETIC / RADIOMETRIC
SURVEY


DATA ACQUISITION


 


SCHEDULE
D


QUALITY CONTROL/ DATA PROCESSING


 


SCHEDULE
E


PRODUCTS FOR DELIVERY


 


SCHEDULE
F


IAGSA SURVEY CONTRACT ANNEX


 


List
of Figures


 





	Figure 1:  Proposed Flight Path on Elevation Map.	18
	Figure 2:  Location map of the Project Area provided by Google Earth.	19
	Figure 3:  Proposed helicopter with fixed boom.	20
	Figure 4:  Scintrex CS-3 Cesium Magnetometer	23
	Figure 5:  PC based acquisition system for data recording	25
	Figure 6:  Navigation screen and radar altimeter mounted for pilot guidance	26
	Figure 7:  A GSM19 base magnetometer with integrated GPS	28







 


List of Tables


 





	Table 1: Survey options for a geophysical survey in Mexico.	14
	Table 2: Details of Survey Area.	17
	Table 3: Survey Block Coordinates.	17
	Table 4: System component sample rates	23
	Table 5: Sample Regions of Interest (ROI)	27







 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-11-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 



Table 1: Survey details for a geophysical survey in Mexico.


 


	Survey Details	 	Total

Line-km	 	 	Rate
 ($/km)	 	 	Mobilization &
 Demobilization	 	 	Total	 
	Magnetics & Radiometrics	 	 	459	 	 	$	140.00	 	 	$	5,000.00	 	 	$	69,260.00	 



 


SCHEDULE A-1


 


PRICING AND PAYMENTS


 


		A1.	Prices



 


	1.	Mobilization & Demobilization of the Aircraft, Equipment and	 	$	5,000.00
	 	Personnel within Mexico.	 	 	 
	 	 	 	 	 
	2.	Data Acquisition/Data Processing:	 	 	 
	 	· 	459 line-km of helicopter-borne survey	 	$	140.00/line-km
	 	 	 	 	 
	3.	Daily Standby Rate	 	$	1,500.00/day
	 	 	 	 	 
	4.	Summary of Prices:	 	 	 
	 	The charges may be summarized as follows:	 	 	 
	 	·	 Mobilization & Demobilization.	 	$	5,000.00
	 	·	 Helicopter-borne Survey Data Acquisition & Processing,	 	 	 
	 	 	459 line-km x $140.00	 	$	64,260.00
	 	 	 	 	 
	 	Estimated Total:	 	$	69,260.00


 


		5.	Price per line-km for additional flying in the general
area of the Survey             /line-km/TBD



 


		6.	Taxes: The prices given above do not include any Mexican withholding taxes or other taxes. Any such taxes that may be imposed
will be the responsibility of the client to pay.



 


		7.	In case of Force Majeure,
the MPX crew standby charge of $1,500 per day plus 2 hour helicopter minimum charge of $3,600 per day will be charged, up to a
maximum of 14 days, in addition to the kilometres flown up until the force majeure, plus the complete mobilization, demobilization
& security analysis charge. The number of days so billable will depend on the number of accumulated helicopter hours
flown under the contract, on any incurred damages from terrorist acts or other similar incidents, and how rapidly the crew and
helicopter can be redeployed to another survey.



 


Please note that the number
of days charged for the helicopter will depend on the number of helicopter hours needed to meet the monthly minimum helicopter
hours, adjusted for the hours actually flown up until the Force Majeure event, and any subsequent utilization of the helicopter
in that monthly period. In this case, the helicopter contract is based on 50 hour minimums per month.


 


If damages are incurred to the
helicopter and or survey equipment by terrorist acts or other similar incidents, then the days will be billable during repairs
up to a maximum of 14 days.


 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-12-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		A2.	Payments



 


The price for the Survey under this agreement
is estimated at $69,260.00 (Sixty nine thousand two hundred sixty dollars), Subject to this amount, the survey charges
referred to in paragraph A1 will be adjusted at the indicated rates if the amount of surveying in the Survey Area greater than
as stated in paragraph A1. Payments described in A2 are deposits for the completion of work per A1. If there is a Force Majeure,
the Client is responsible for payment of the modified pricing as described in Section A1.7.


 


The invoices shall be payable as follows:


 


First Payment: Payment of fifty
per cent (50%) of the Estimated Total survey charge, amounting to $34,630.00 (Thirty four thousand six hundred thirty dollars)
is payable on the signing of the contract.


 


Second Payment: Payment of twenty
five per cent (25%) of the Estimated Total survey charge, amounting to $17,315.00 (Seventeen thousand three hundred fifteen
dollars) is payable on the commencement of the airborne survey flying.


 


Third Payment:
Payment of fifteen per cent (15%) of the Estimated Total survey charge, amounting to $10,389.00 (Ten thousand three
hundred eighty nine dollars) plus any standby charges is payable on the completion of the flying
and prior to the delivery of the Preliminary Products.


 


Fourth Payment:
The remaining ten percent (10%) of the Actual Airborne survey charge estimated at $6,926.00 (Six thousand nine hundred
twenty six dollars) plus any unpaid standby charges to date is payable on completion of the data
processing work and prior to delivery of the Final Products.


 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-13-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		A3.	Standby



 


		1.	The standby will be charged at a rate of US $1,500.00 per day.



 


		2.	Client*. Will be liable for payment of the standby rate given above in the event that MPX’s
personnel, aircraft and equipment are available and operational, but the work is unable to be performed due to reasons beyond the
control of MPX. A standby day is defined as one wherein less than 100 line-km of production flying is achieved and production is
aborted or limited due to aforementioned conditions, including without limitation: acts of God, bad weather and/or storms, geomagnetic
disturbances (diurnal) caused by solar flares; war, fire and/or smoke haze; acts of the public enemy, insurrections, riots, or
rules or regulations of any governmental authority asserting jurisdiction or control, USA government redirection of GPS satellites
or laws, sun spot disturbances affecting GPS satellites, compliance with which makes continuance of operations impossible.



 


		A4.	Terms of Payments



 


All prices in this contract are given in
dollars (USD). MPX will issue invoices for payment as required, as per Section A2 above. These invoices will be due for
payment upon their receipt by the Client.


 


Payments should be made by telegraphic bank transfer to MPX's
bank, at the address indicated below:


 


Royal Bank


260 East Beaver Creek Rd


Richmond Hill, Ontario


L4B 3M3


USD Account # 4015095


Swift Code: ROYCCAT2


Transit or Branch # 6032


Institution # 003


 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-14-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 



SCHEDULE B


SURVEY AREAS


 


		B1.	Outline of the Survey Area



 


The Survey will be conducted over one block
in the Auro Tellurio Project in Sonora, Mexico. The survey block is outlined in the following tables and on the location maps to
be found below:


 


Table 2: Details of Survey Area.


 


	 	 	Flight Lines	 	Tie Lines	 	Total	 
	Survey Details	 	Direction	 	Spacing	 	 	Line-km	 	 	Direction	 	Spacing	 	 	Line-km	 	 	line-km	 
	Survey Area Detail
	Auro Tellurio	 	11°	 	 	200 m	 	 	 	411	 	 	101°	 	 	2000 m	 	 	 	48	 	 	 	459	 



 


Table 3: Survey Block Coordinates.


 





	Auro Tellurio Project
	NAD27 UTM Zone 12N	WGS84 UTM Zone 12N
	Corner	Easting	Northing	Corner	Easting	Northing
	1	621048	3288524	1	620990	3288720
	2	630331	3286674	2	630273	3286916
	3	628648	3278329	3	628590	3278526
	4	619304	3280129	4	619246	3280326




 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com







 










    	-15-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 






 


Figure 1: Proposed Flight Path on
Elevation Map.


 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-16-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 






 


Figure 2: Location map of the Project
Area provided by Google Earth.





 


{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-17-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 






SCHEDULE
C


HELICOPTER MAGNETIC/RADIOMETRIC SURVEY


DATA ACQUISITION


 


		C1.	Helicopter



 


MPX will fly the survey using a
Bell Jet Ranger BII with fixed boom. The aircraft will be equipped by MPX with the geophysical instrumentation described
below in Section C6. This aircraft will have the necessary range and flight duration to safely and efficiently fly this type of
survey.


 





 


Figure 3: Proposed helicopter with
fixed boom.


 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-18-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		C2.	Services/Obligations of MPX Geophysics Ltd.



 


		1.	Preparation of maps and other data prior to flying.



		2.	Provision of the necessary qualified personnel required to complete the survey.



		3.	Provision of the aircraft, crew, crew accommodations and JETA fuel for the aircraft at the base of operations and within the
survey area in order to reduce the amount of ferry time to and from the survey area between survey flights.



		4.	Supply of the technical equipment with spares necessary to fly the survey in an expeditious manner.



		5.	Processing of the geophysical data in the field and at MPX’s data processing facility.



		6.	Preparation and delivery to the Client of all the products specified in Schedule E.



 


		C3.	Services/Obligations of California Gold Corp.



 


		1.	Provide one crew member to assist in community liaison and logistics within the base of operations and the survey areas.



 


		C4.	Survey Scheduling



 


		1.	It is currently anticipated that the aircraft and crew will be onsite in the Auro Tellurio survey
area on or about the 3rd week of November 2011, depending on completion of currently scheduled projects.



 


		2.	The survey equipment has been installed into the Helicopter at the hanger in Chihuahua, is currently
on another project, and will be mobilized to the survey area.



 


		3.	It is anticipated that survey operations for the Auro Tellurio Project will require two (2) to
three (3) days to complete dependent on the weather conditions.



 


		4.	Preliminary products to be delivered within 5-7 days of survey completion.



 


		5.	Final products to be delivered within Eight (8) weeks of Client acceptance of preliminary
products, or earlier if possible.



 


		C5.	Survey Bases / Fuel for the Helicopter



 


The base of operations for the Auro Tellurio Project will be
the town of Moctezuma, Sonora. The helicopter LZ will also be established there. Fuel for the aircraft will also be available at
the base of operations, and also delivered in fuel truck to remote fuel cache locations in the project area.


 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 








    
	-19-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 



		C6.	Flight Specifications



 


		C6.1.	Flight Lines





 


Line directions and line spacings are specified
in Schedule B, but may be subject to change and will therefore be confirmed between MPX's and Client's representative
immediately prior to the commencement of the survey operations. Any such changes will not unduly effect efficient collection of
data.


 


		C6.2.	Terrain Clearances





 


Optimum terrain clearances for the helicopter
and instrumentation during normal survey flying are:


 


	Helicopter	 -	70 metres
	Magnetometer	 -	70 metres
	Gamma Spectrometer	 -	70 metres


 


The pilot will make every sensible effort
to fly accurate terrain clearances, however, it is accepted that aircraft terrain clearance may vary, based on the pilot's judgement
of safe flying conditions around man-made structures or in rugged terrain where aviation laws may require a higher flight altitude.
Taking into account the above safety considerations and pilot judgement, MPX will do its best to conduct the survey with an altitude
tolerance of +-20m, trying not to exceed +/- 20m over a distance of more than 1 km.


 


		C6.3.	Airspeed





 


Normal aircraft airspeed will be approximately
70kts, but this may vary in areas of rugged terrain. With a sampling rate of 1 second, spectrometer measurements are acquired approximately
every 36 metres along the survey line. With a sampling rate of 10 times per second, magnetometer measurements are acquired every
3.6 metres along the survey line.


 


		C6.4.	Magnetic Diurnal





 


Flight lines, or portions thereof, will
be reflown if the magnetic diurnal exceeds 12 nT in a straight-line chord over 5 minutes. Survey data acquisition will be stopped
altogether in the case of severe magnetic diurnal activity.


 


		C6.5.	Reflights





 


Reflights will be attempted whenever survey lines or part survey
lines are noted in the field to be beyond the agreed tolerances.


 


The flight lines will not deviate from
the intended flight path by more than 50% of the nominal line spacing over a distance of more than 1 km. All reflights will cross
a minimum of two tie lines.


 





{00140175.2 / 0899-001}


25 Valleywood, Unit 14, Markham, Ontario,
Canada, L3R 5L9


Tel: (905) 947-1782 Fax: (905) 947- 1784
E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com




 










    	-20-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		C6.6.	Sampling Rates



 


Table
 4: System component sample rates.


 


	SYSTEM
    / No. of CHANNELS	 	SAMPLING
    RATES
	Total
    Field Magnetometer (1 channel) 	 	0.1
    / sec
	Gamma
    - Ray Spectrometer (256 channels plus U, Th, K, TC and cosmic windows)	 	1.0
    / sec
	Radar
    Altimeter  (1 channel)	 	0.1
    / sec
	Temp
    and Relative Humidity (2 channels)	 	1.0
    / sec
	Barometric
    Altimeter (1 channel)	 	0.1
    / sec
	DGPS
    Navigation (3 channels)	 	1.0
    / sec
	Billingsley
    Fluxgate Magnetometer (3 channels)	 	0.1
    / sec


 


		C7.	Survey Instruments



 


		C7.1.	Airborne High Sensitivity
                                                                    Magnetometer



 


The magnetic
sensor that will be utilized for the survey is a Scintrex CS-3 high resolution cesium split-beam total-field magnetometer (see
figure 4), which will be installed in a fixed boom. The sampling rate is ten (10) times per second with an in-flight sensitivity
of 0.002 nanoTesla (nT). Aerodynamic magnetometer noise is +/- 0.01 nT. The sensitivity of the magnetometer will be recorded at
0.002 nT when operated at a sampling rate of 0.1 seconds.


 





 


Figure
 4: Scintrex CS-3 Cesium Magnetometer


 


A Cesium vapour
magnetic sensor is a miniature atomic absorption unit, producing a signal whose frequency (Larmor frequency) is proportional to
the intensity of the ambient magnetic field. The unit consists of three main elements; a Cesium vapour lamp, an absorption cell,
and a photosensitive diode.


 


These
components are mounted along a common optical axis within the sensor housing. The electronic support system is mounted at the
rear of the towed bird or 1.5m from the sensor in a fixed boom configuration, transmitting the Larmor signal to a counter in the
data acquisition system then converted the signal to magnetic field strength in nanoTeslas.


 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-21-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		C7.2.	PC-based
                                                                    Data Acquisition System



 


Geophysical,
navigation and altimeter data will be recorded by the AGIS data acquisition system in the helicopter, at various recording rates
ranging from 10 Hz to 1 Hz (ten times per second to once per second).


 


Data will be
displayed on the computer LCD display as traces, in simulation of a chart recorder's traces, for verification of functionality
and quality.


 


On completion
of flying, the data recorded will be copied to back-up CD-ROM and transferred to the Field Workstation (described below) where
the data will be retrieved, verified and processed.


 


All geophysical,
positional, and ancillary sensor data measured during the survey are recorded digitally using a high-speed, precision data acquisition
system. Survey data can be monitored on a number of operator-selectable strip-chart traces available on the operators display.
The system does not produce paper charts.


 





 


Figure
 5: PC based acquisition system for
data recording


 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


  




    	-22-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		C7.3.	Radar Altimeter



 


A Terra TRA-3000/TRI-40
radar altimeter system will record the ground clearance to an accuracy of ± 1.5 m from 12 m – 30.5 m; ± 5%
over a range of 30.5 m – 152.4 m; and 7% over a range of 152.4 m – 762 m.


 


The altimeter
will be interfaced to the data acquisition system with the output sampled at 10Hz, and will be digitally recorded.


 


		C7.4.	Barometric Altimeter



 


A Setra Model
276 Pressure Transducer (or equivalent) will record the barometric pressure to an accuracy of about 1 ft (30 cm).


 


The altimeter
will be interfaced to the data acquisition system with the output sampled at 10Hz, and will be digitally recorded.


 


		C7.5.	DGPS
                                                                    Navigation System



 


Survey data
positioning and flight line navigation will be derived using WAAS DGPS. Navigation is provided through an electronic pilot navigation
system, a digital screen mounted in the cockpit. The GPS positions are used to provide both aircraft navigation and survey data
location information.


 





 


Figure
 6: Navigation screen and radar altimeter
mounted for pilot guidance


 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-23-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		C7.6.	GRS-10 Spectrometer



 


Pico-Envirotec
GRS-410 multi-channel gamma-ray spectrometer with 16.8 litres “downward looking” NaI sensor, and 4.2 litres “upward
looking” NaI sensor will be installed on the helicopter for the survey.


The GRS-410
is a self-stabilizing spectrometer, and tracks and corrects for the spectral drift by following a spectral peak, typically thorium.
The standard regions of interest, as listed below, will be recorded and processed. The 256 channel digital data will be recorded
and provided to Client. An example of the standard regions of interest that will be recorded, with window in MeV, is given in
the table below:


 


Table
 5: Sample Regions of Interest (ROI).


	Sample of Standard Windows
	Element	 	Approximate
 Lower Boundary
 (MeV)	 	 	Approximate
 Upper Boundary
 (MeV)	 
	Total Count	 	 	0.41	 	 	 	2.81	 
	Potassium	 	 	1.37	 	 	 	1.57	 
	Uranium	 	 	1.66	 	 	 	1.86	 
	Thorium	 	 	2.41	 	 	 	2.81	 
	Cosmic	 	 	3.00	 	 	 	¥	 



 


		C7.7.	Ground Support Equipment



 


The base station
and in-field data processing quality control and quality assurance (QA/QC) system will consist of the following equipment:


 


		·	A
                                                                                                               Field Workstation,
                                                                                                               comprising a Pentium
                                                                                                               PC, a printer and
                                                                                                               full data processing
                                                                                                               software.



		·	A
                                                                                                               Gem Systems GSM-19TW
                                                                                                               magnetometer base
                                                                                                               station, with digital
                                                                                                               recording, will
                                                                                                               be utilized on
                                                                                                               this survey. This
                                                                                                               magnetometer will
                                                                                                               be operated continuously
                                                                                                               throughout the
                                                                                                               survey operations.
                                                                                                               The base station
                                                                                                               will be synchronized
                                                                                                               with the airborne
                                                                                                               system by GPS time.
                                                                                                               The resolution
                                                                                                               of this magnetometer
                                                                                                               is 0.1 nT. During
                                                                                                               survey operations,
                                                                                                               the magnetometer
                                                                                                               will sample at
                                                                                                               a rate of once
                                                                                                               a second.
                                                                                                               Every
                                                                                                               effort will be
                                                                                                               made to ensure
                                                                                                               that the magnetometer
                                                                                                               sensor is placed
                                                                                                               in a location with
                                                                                                               a low magnetic
                                                                                                               gradient. In addition,
                                                                                                               it will be sited
                                                                                                               away from moving
                                                                                                               ferrous objects,
                                                                                                               such as vehicles,
                                                                                                               and electric power
                                                                                                               transmission lines,
                                                                                                               such that these
                                                                                                               sources of man-made
                                                                                                               noise will not
                                                                                                               exceed 0.1 nT



		·	A
                                                                                                               complement of spare
                                                                                                               parts and test
                                                                                                               equipment



 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com





 




    	-24-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 





 


Figure
 7: A GSM19 base magnetometer with
integrated GPS


 


		C8.	Instrument Checks, Tests
and Calibrations



 


		C8.1.	Manoeuvre noise



 


As the magnetic
gradient sensors, installed in the single sensor fixed boom, are still within the magnetic effect of the aircraft structure, tests
will be conducted prior to the survey to determine the effects of helicopter pitch, roll and yaw. The tests will be completed
at high altitude (ideally 10,000 ft above terrain AGL) over an area of low magnetic gradient by carrying out ±10o
rolls, ±5o pitches and ±5o yaw manoeuvres flown over periods of at least 4-5 seconds
in the same direction as the flight and tie lines. A compensation Figure-of-Merit (FOM) for the helicopter will be calculated
by summing the peak-to-peak amplitudes of the twelve magnetic signatures. The FOM is used as an indicator of performance and should
remain below the industry standard value of 2 nT for the sensor mounted in a helicopter stinger/boom.


 


		C8.2.	Magnetic Heading Effect



 


The magnetic
heading effect will be determined prior to the survey by flying a cloverleaf pattern oriented in the same direction as the survey
lines and tie lines at high level in an area with low magnetic gradient. At least two passes in each direction will be flown in
order to obtain sufficient statistical information to estimate the heading error. The heading error will be determined at the
beginning of the survey, and again if there are any modifications or additions to the aircraft or the equipment installed in it.


 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-25-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		C8.3.	Lag
                                                                    Tests



 


A lag test
will have been performed before the survey to ascertain the time difference between the instrument readings and the operation
of the GPS System. Test lines are flown in two directions at survey altitude across distinct anomalies.


 


These lag tests
were carried out before the start of survey production flights, and will be repeated after any major survey equipment alteration
or replacement has been made.


 


		C8.4.	Altimeter
                                                                    Calibration Checks



 


Checks of the
radar altimeter calibration will have been undertaken before the survey, after installation of equipment in the aircraft. The
calibration is determined by comparing the radar altitude with a suitable reading from the GPS system during a radar “stack”
over the landing pad or a suitable level area where the height above sea-level (ASL) is accurately known.


 


C8.5. Gamma-Ray
Spectrometry checks and tests 


 


		a.	Altitude
Attenuation Coefficient



Determination
of the altitude attenuation coefficient will have been undertaken prior to the survey by flying a test line at various altitudes
from 60 m up to 250 m at 30 m intervals above the test line. An airborne calibration range test line should have the following
features: (a) Be relatively flat; (b) Have uniform concentrations of K, U, and Th; (c) Be close to a body of water for measurement
of background (if a suitable body of water exists); (d) Be free of flight restrictions; (e) Be easy to navigate; (f) Be about
8 km long, equivalent to about 150 s flying time at 50m/s; (g) Have no hills within about 1 km of the flight line. The results
of this check will be digitally recorded, and will be compiled into tables and graphs to be presented to the Client in
the final report.


 


		b.	Cosmic
Window Calibrations



Cosmic window
calibrations will have been carried out prior to the survey. This is normally performed by flying at various altitudes over the
ocean or any large body of water (250m and from 1,500 m up to 3,500 m at intervals of 300 m), with each altitude flown for a minimum
of 10 minutes. If a large body of water does not exist close to the survey area, this test can be performed over the ground. The
average values of the counts measured in each of the 4 windows (TC, U, Th and K) will be compared against the average counts for
the cosmic window at each of the altitudes where measurements are made. The results of this calibration will be digitally recorded,
and will be compiled into tables and graphs to be presented to the Client in the final report.


 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-26-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		C8.6.	Gamma-Ray Spectrometry
Limitations



 


The presence of powerlines and/or
steep topography may compromise the quality of the radiometric data. We will proceed and try to acquire good radiometric data,
but we will not be able to guarantee the accuracy of data obtained at large heights above the terrain (100m+).  Ideally the
terrain clearance should be maintained at 70m, but topography and safety considerations may be limiting factors for this airborne
survey.  For example, the presence of electrical powerlines forces the pilot to fly at greater heights in order to guarantee
the safety of all personnel onboard.  


 


		C9.	Safety Procedures



 


For the duration
of the work, MPX will ensure that the work performed is carried out with the utmost regard for safety, and that all its
personnel are fully conversant with safety standards considered normal in the aviation industry. MPX’s Project Manager
will review and establish safety procedures with the Pilot and will specifically ensure that all crew members are aware of emergency
and radio communications procedures.


 


During the
course of the Survey, MPX shall keep the site of any refuelling areas free of accumulations of waste materials, rubbish
or garbage and upon completion of the Survey shall remove all tools, fuel, fuel drums, surplus materials, rubbish and garbage
and leave the refuelling sites in a clean condition.


 


The pilots
are ultimately responsible for the safety of each flight but, if at any time anyone in the aircraft has a question about
location, intention, or safety, the pilot must use every effort to address the concerns and resolve the question, without compromising
the safety of the flight. If a crewmember is not satisfied with the pilot’s response or actions the crew member may request
that the pilot terminate the flight and return to the base of operations. The pilot will comply with this request and any disagreement
or discrepancy will be resolved on the ground.


 


The Project
Manager will conduct weekly safety / operations briefings with the crew. These briefings will consist of the following:


 


		·	Review
                                                                                                               of safety and emergency
                                                                                                               equipment on board
                                                                                                               the aircraft



		·	Review
                                                                                                               of emergency procedures
                                                                                                               and available emergency
                                                                                                               services



		·	Review
                                                                                                               of previous weeks
                                                                                                               work to smooth
                                                                                                               out any rough points
                                                                                                               and/or suggest
                                                                                                               improvements



		·	Review
                                                                                                               of project status
                                                                                                               and operating plans
                                                                                                               for the coming
                                                                                                               week



 


Safety is a
very important aspect of any of MPX’s operations, and nothing will be done to compromise aircraft safety. A copy
of our Health, Safety and Environment (HSE) Manual was previously provided.


 


MPX
is a member of the International Airborne Geophysics Safety Association (IAGSA) www.iagsa.ca and all our survey operations
are conducted to the exacting safety standards of this organisation.


 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-27-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		C10.	Personnel



 


MPX’s Survey crew will
consist of at least the following personnel:


 


		1.	An experienced
                                                              Project Manager/Technologist, to install the equipment in the helicopter
                                                              and to maintain it during survey operations, to assist the client
                                                              in survey logistics and operations, to operate the Airborne equipment
                                                              and the field computer workstation to do basic QC of the data and
                                                              to generally assist with the field operations.



 


		2.	An experienced
                                                               helicopter pilot to fly the helicopter during the survey operations.



 


The MPX personnel who will
be used on the Survey or to process data will be selected from:


 


	Daniel
    McKinnon	President
	John Currie, B.Sc	Business Development
	Tonia Bojkova, M.Sc.	Data Processor/Senior
    Geophysicist
	Christina Clark, M.Sc.,
    P. Geo.	Data Processor/Geophysicist
	Patrick Healy	Senior Project Manager
	Paul Gooch	Project Manager/Technician


 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-28-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


SCHEDULE
D


QUALITY CONTROL/
DATA PROCESSING


 


		D1.	QUALITY CONTROL



 


Daily quality
control of newly acquired airborne data will be undertaken in the field by MPX’s technologist, and will also be transmitted
on a daily basis via the internet and an ftp-site to MPX’s data processing facility in Markham. Quality control
information may then be confirmed by MPX and relayed back to the field crew on a regular basis.


 


		D2.	DATA PROCESSING



 


		D2.1	Topographic
Base and Title of Survey Area



 


A topographic
base will be prepared for the survey areas from a DTM (or by scanning the relevant topographic maps) covering the survey area,
and plotting the major features (large lakes, major rivers, towns, etc.) as background on to the geophysical maps. All title blocks
and surround data appearing on the base maps will be machine drafted using CAD techniques.


 


		D2.2	Flight
                                                                                                            Path Compilation



 


The flight
path will be derived from the differentially corrected GPS navigation data.


 


		D2.3	Magnetic
                                                                                                            Data



 


The
magnetic data are first corrected for diurnal variations, lag and heading effects. The data will be further analyzed using tie-line
data. Control-line levelling is applied to the tie-line data. Final micro-levelling techniques are then applied to the data to
remove minor residual variations in profile intensities. Located and gridded data are generated for the final processed magnetic
data. 


 


The
semi-automated magnetic data levelling system includes: 


 


		1.	Tabulation
                                                               of magnetic data at flight line/tie line intersections, along with
                                                               flight altitude data;



		2.	Network
                                                               analysis of intersection data, based on minimizing square mean
                                                               root of the differences and closure errors, to obtain suggested
                                                               leveling adjustments;



		3.	Manual analysis of computer
suggested corrections, based on magnetic gradients at the intersections and the flight altitude differences;



		4.	Application of leveling corrections;
and



		5.	Revision of leveling corrections
using imaging techniques.



 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-29-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


Any residual,
small scale, in-between tie-line leveling errors are removed using micro-leveling techniques. The resultant gridded magnetic data
will be of high image quality and the corresponding located line data will also be prepared.


 


The regional
International Geomagnetic Reference Field (IGRF) 2011 will be computed (based on 2010 calculated model) and removed from the data
using the GPS location at each observation point and epoch appropriate to the current survey.


 


The total field
magnetic data and residual magnetic data grids will be produced using a minimum curvature algorithm. The reduced-to-the-pole or
reduced-to-the-equator grid will be calculated using the residual grid.


 


The reduced-to-the-pole
or reduced-to-the-equator total field magnetic data may be subjected to a variety of filtering techniques to yield maps and/or
images of the following:


 


		·	calculated
                                                                                                               vertical and/or
                                                                                                               horizontal gradient



		·	second
                                                                                                               vertical derivative



		·	magnetic
                                                                                                               susceptibility
                                                                                                               



		·	upward/downward
                                                                                                               continuations



		·	band
                                                                                                               pass filtering



		·	analytical
                                                                                                               signal



 


All of these
filtering techniques improve the recognition of near-surface magnetic bodies or features, with the exception of upward continuation,
which provides a regional view.


 


D2.4             Radiometric
Data


 


The reduction
of radiometric data followed standard processing steps as outlined in the recommendations of IAEA-TECDOC-1363 (Vienne) –
Guidelines for radioelement mapping using airborne gamma – ray spectrometry data.


The corrections
to the gamma-ray spectrometry data involved:


		1.	Correction
                                                                for system dead-time,



		2.	Aircraft
                                                                background and cosmic correction,



		3.	Compton
                                                                (Stripping) correction,



		4.	Attenuation
                                                                correction,



		5.	Convert
                                                                to radioelement



 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-30-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		D2.5	Presentation
                                                                   of Data



 


		D2.5.1.	Gridding



 


The
corrected geophysical data from each survey line will be interpolated between survey lines using a random gridding method to yield
x-y grid values for an expected standard grid cell size of 0.25 cm at the mapping scale.


 


		D2.5.2.	Contour
                                                                                  and Colour Images



 


Computer
generated contour images of the aeromagnetic data are created from the grid and will be plotted.


 


Colour
images are produced by interpolating the grid down to an appropriate pixel size. The parameter is then incremented with respect
to specific amplitude ranges to provide solid colour "contour" images. Black-line contours are superimposed on the colour
images. Solid colour images of the total magnetic field are particularly useful in defining the lithology of the survey area.


 


Monochromatic
or colour shadow images can be generated by utilizing an artificial sun to cast shadows on a surface defined by the geophysical
grid. There are many variations in the shadowing technique. These techniques may be applied to total field or enhanced magnetic
data, magnetic derivatives, etc. Of the various magnetic products, the shadow of the enhanced magnetic parameter is particularly
suited for defining geologic structures with crisper images and improved resolution.


 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-31-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


SCHEDULE
E


PRODUCTS
FOR DELIVERY


 


		E1	Preliminary Products



 


For Quality
Control purposes, the following preliminary products, at an appropriate scale and digital format, will be produced in the field
as soon after the completion of flying as possible, but in any case within one week of the completion of flying. The preliminary
products will include:


 


		·	Differentially
                                                                                                               corrected GPS flight
                                                                                                               path map



		·	Colour
                                                                                                               Total Magnetic
                                                                                                               Intensity contours
                                                                                                               image



		·	Colour
                                                                                                               Total Count contours
                                                                                                               image



 


		E2	Final Products



 


		E2.1.	Base
                                                                                Map



 


A
topographic base will be prepared for the survey areas by either using a DTM, or by digitizing/scanning the major features (large
lakes, major rivers, towns, etc.) from the available topographic maps covering the area, and plotting them as background on to
the geophysical maps. All title blocks and surround data appearing on the base maps will be machine drafted using CAD techniques.


 


		E2.2.	Colour
                                                                                 Maps



 


The
following map products will be prepared and delivered in digital format at an appropriate scale and on a suitable base
map as determined through discussion with Client and MPX


 


		A.	Magnetic
                                                               Maps (colour image with contour lines):



		·	Flight
                                                                                                            Path



		·	Digital
                                                                                                            terrain model (DTM)
                                                                                                            calculated from the
                                                                                                            GPS and radar altimeter
                                                                                                            data



		·	Levelled
                                                                                                            total magnetic intensity
                                                                                                            (TMI)



		·	TMI
                                                                                                            with IGRF removed
                                                                                                            (TMI-IGRF)



		·	Computed
                                                                                                            RTP or RTE magnetic
                                                                                                            map



		·	First
                                                                                                            vertical derivative
                                                                                                            (1VD)



 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-32-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		B.	Gamma-Ray
                                                               Spectrometry Maps (colour image with contour lines):



		·	Total
                                                                                                            Count (TC) (nGy/hr)



		·	Potassium
                                                                                                            (K) (%)



		·	Thorium
                                                                                                            (Th) (ppm)



		·	Uranium
                                                                                                            (U) (ppm)



		·	U/K
                                                                                                            ratio



		·	U/Th
                                                                                                            ratio



		·	Th/K
                                                                                                            ratio



		·	Ternary
                                                                                                            map (no contour lines)



 


***All
products will be prepared in NAD27 UTM Zone 12N (with Latitude and Longitude edge ticks).


 


		E2.3.	Digital Data



 


The
edited field data and the processed digital data will be delivered in three (3) copies, in ASCII and Geosoft format, on CD-ROM
or DVD-ROM as appropriate.


 


The
final processed line and grid data, in Geosoft format and a compatible digital data format suitable for use in the client’s
software, will also be delivered in three (3) copies on CD-ROM or DVD-ROM as appropriate. Full descriptions of the digital data
formats will be included in the final report and as text files on each CD-ROM or DVD-ROM as appropriate.


 


Geosoft
Grids:


		·	Digital
                                                                                                           terrain model (DTM)
                                                                                                           calculated from the
                                                                                                           GPS and radar altimeter
                                                                                                           data



		·	Leveled
                                                                                                           total magnetic intensity
                                                                                                           (TMI)



		·	TMI
                                                                                                           with IGRF removed (TMI-IGRF)



		·	Computed
                                                                                                           RTP or RTE



		·	Calculated
                                                                                                           first vertical derivative
                                                                                                           (1VD) 



		·	Total
                                                                                                           Count (TC) (nGy/hr)



		·	Potassium
                                                                                                           (K) (%)



		·	Thorium
                                                                                                           (Th) (ppm)



		·	Uranium
                                                                                                           (U) (ppm)



		·	[Ternary
                                                                                                           map displayed from
                                                                                                           Potassium, Thorium
                                                                                                           & Uranium grids]



 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-33-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		E2.4.	Reports



 


E2.4.1.Daily
Reports


 


Daily
reports will be prepared using an EXCEL spread-sheet format, by the on-site Project Manager, and will be submitted by Fax or E-mail,
daily, to the Client. This report will summarize the details of flights flown, lines acquired, crew details, and information
concerning weather and other relevant matters.


 


E2.4.2.Final
Report


 


On
completion of the data compilation, a draft final report will be delivered to the Client for review and comment. When the
Client’s comments/recommendations, if any, have been incorporated and the revised report accepted (MPX would expect
that this process will take no longer than 7 days), three (3) copies of the report will be delivered to the Client in digital
format, complete with final page-size prints of maps.


 


The
report will include:


 


		·	a
                                                                                                            diary of survey and
                                                                                                            processing operations



		·	a
                                                                                                            list of the personnel
                                                                                                            employed in the survey,
                                                                                                            compilation and processing,
                                                                                                            with their job descriptions



		·	details
                                                                                                            of the instrumentation
                                                                                                            and helicopter used



		·	a
                                                                                                            summary of survey
                                                                                                            statistics



		·	a
                                                                                                            summary of the results
                                                                                                            of tests, checks and
                                                                                                            calibrations



		·	a
                                                                                                            full description of
                                                                                                            data compilation and
                                                                                                            processing methods
                                                                                                            used



		·	a
                                                                                                            list of maps and other
                                                                                                            final products



		·	a
                                                                                                            sheet layout indices
                                                                                                            for all map scales



		·	a
                                                                                                            full descriptions
                                                                                                            of digital data formats



 


		E2.5.	Other
                                                                            Data



 


All
original and intermediate data will be delivered to the Client upon completion of the contract, including in particular:


 


		·	daily
                                                                                                            flight reports



		·	CD-ROMs
                                                                                                            containing .JPG images
                                                                                                            acquired during the
                                                                                                            survey



		·	copies
                                                                                                            of all checks and
                                                                                                            calibrations



		·	any
                                                                                                            other original material
                                                                                                            connected with the
                                                                                                            survey



 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-34-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


		E3.	Charges for Additional
Deliverables Not Specified in this Agreement



 


	TYPE
    OF DELIVERABLE	 	PRIOR
    NOTICE	 	LATE
    NOTICE
	New
    Products & Services	 	Per
    Each New Item	 	Per
    Each New Item
	 	 	 	 	 
	Maps – black-line
    on Mylar	 	$300	 	$500
	 	 	 	 	 
	Magnetic Derivative
    Products	 	$250	 	$500
	 	 	 	 	 
	Existing
    Plotted Products	 	Per
    Each Plot	 	Per
    Each Plot
	 	 	 	 	 
	Maps – black/white
    on Mylar	 	$220	 	$280
	 	 	 	 	 
	Maps– colour
    	 	$150	 	$210
	 	 	 	 	 
	Existing Reports (Complete
    with digital data and maps)	 	$750
    Per Copy	 	$1000
    Per Copy
	 	 	 	 	 
	Existing Report (hard
    copy with digital DVD-ROM)	 	-	 	$350
    Per Copy
	 	 	 	 	 
	Digital Data (DVD-ROM)	 	-	 	$250
    Per Copy





 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com





 




    	-35-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


SCHEDULE
F


 IAGSA
SURVEY CONTRACT ANNEX 


1.1 Introduction  


The party contracting
the airborne geophysical survey (Company) and the party supplying the services (Contractor) each has a Duty of Care to ensure
that the survey is carried out safely. The Contractor shall have a Safety Management System and ensure that flight operations
meet or exceed regulatory and Company safety requirements.


 


The provisions contained
herein have been prepared by the International Airborne Geophysics Safety Association (IAGSA) and have been drawn from IAGSA’s
Safety Policy Manual. They represent those provisions normally appropriate to airborne surveys. Additional background and implementation
details may be found in the Safety Policy Manual and the Contractor should reference the manual as necessary.


 


The provisions in this
Annex are not exhaustive and may be amended or extended as necessary in accordance with the survey specific risk assessment.


 


1.2 Job Safety Analysis  


The contractor and where
applicable the aircraft operator will complete a Job Safety Analysis (JSA) for review and acceptance by the Company before awarding
a contract. The JSA should include, but not be limited to, the provisions described in this Annex and IAGSA’s Guide to Risk
Analysis. (Safety Manual Appendix V) Provisions and practices shall be developed and documented to mitigate the effect of identified
hazards.


 


1.3 Survey Height  


Based on pilot reaction
times and other factors, it is generally acknowledged that the lower the survey is flown, the higher the risk associated with
the operation. Current industry practice often dictates low clearance heights. To achieve a safe survey height; the Company will
specify the maximum clearance height possible, consistent with the objectives of the survey to be flown; and the Contractor will
conduct a risk analysis that emphasizes the risk factors which pertain to survey height . These factors shall, as a minimum, include
the following:


 


Terrain relief and elevation
above the trees or the tree canopy

aircraft performance

aircrew flight and duty times

prevailing weather conditions

anticipated density altitude

pilot experience and recency

planned flight speed





{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 


 




    	-36-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


1.4 Turning Procedures  


All turns at low-level
should be limited to a maximum angle of bank of 30 degrees and be done at a constant altitude. No climbs or descents should be
carried out during the turn. If the terrain or survey height dictates that a climb is necessary the aircraft should be climbed
to the required height prior to commencing the turn and any descent back to survey height should be done after established in
a wings level attitude.


 


1.5 Minimum Safe Survey Speed
 


The minimum safe survey
speed is to be the greater of: 130% of clean stall speed (Vs); 110% of best single engine rate of climb speed (Vyse, if applicable),
or minimum safe single engine speed (Vsse, if published). This minimum speed shall be observed even when exchanging airspeed for
altitude during a climb and should be raised as necessary to account for local conditions such as turbulence and gusty winds.


 


1.6 Performance Monitoring  


Performance parameters,
including aircraft speed, height above terrain and drape, will be periodically reviewed using data collected during the survey.
Deviations below minimum survey speeds and minimum height will be investigated and corrective action taken to ensure that safety
margins are not compromised. The frequency of review should be such as to identify any discrepancies as early as possible. (IAGSA’s
Technical Committee is working on a protocol that will provide practical guidance for; identifying the kinds of data that should
be available; how often it should be sought; and what to do when hazardous flying is detected or suspected)


 


1.7 Flight Following  


The operator will have
in place for all survey flights a flight following system that includes scheduled position reports, position logs maintained on
the ground, operational flight plans and overdue/emergency response procedures. If the survey is being conducted in an area where
it would be difficult to find a downed aircraft or ground based communication facilities are severely limited the parties should
consider using a satellite based tracking system in conjunction with position reports.


 


1.8 Survival  


In the event that the
aircraft’s survival kit is destroyed in a crash, each crew member carry on his/her person essential survival items that
include a personal locator beacon, means to start a fire, a small knife and a signal mirror.


 


1.9 Underwater Escape Training
 


If the survey is over
water, all crew members shall have undergone underwater escape training at an acceptable training facility during the past three
years. This training should have also cover sea survival and use of emergency equipment.


 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-37-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


1.10 Fire Extinguisher Training
 


All crew members, including
equipment operators, shall receive annual training in the use of fire extinguishers in fighting in flight fires.


 


In order to quickly extinguish
any fire in the survey equipment, an appropriate fire extinguisher shall be readily available to the equipment operator.


 


1.11 Monitoring of Radios  


During survey flights
radios are to be turned on and selected to the appropriate ATC or enroute frequencies. Additionally, equipment permitting, common
air to air and emergency (121.5 MHz) frequencies should also be monitored.


 


1.12 Maximum Flight Duration
 


The maximum flight duration
for a single flight shall be five hours (excluding transit time) for a one pilot crew and eight hours (excluding transit time)
for a two pilot crew.


 


1.13 Flight and Duty Times  


The maximum number of
flight hours shall be as follows:


40 hours in any 7 consecutive
day period;


70 hours in any 14 consecutive
day period;


120 hours in any 30 consecutive
day period;


 1200 hours in any
calendar year.


 


The maximum duty time
in any one day shall not exceed 14 hours.

The maximum duty time shall not exceed 60 hours in any 7 consecutive day period.

The pilot shall have a minimum of 2 days rest within a 14 day period. These may be taken separately
or together. If taken separately, one day of rest shall be defined as 30 consecutive hours free of duty.


 


1.14 Fuel  


The pilot shall take all
necessary measures to ensure that any fuel loaded onto the aircraft is not contaminated. (Detailed procedures are outlined in
IAGSA’s Safety Policy Manual).


 


1.15 Use of Helmets  


Use of helmets is to be
considered on a case by case basis and where they are judged to enhance pilot safety, helmets shall be worn.


 


1.16 Night Surveys  


To conduct a night survey
the aircraft must be IFR certified and equipped with at least two independent and dissimilar IFR certified navigation systems
that can be used in the survey area. The survey shall be flown at least 1000 feet above all obstacles within the operational area
and a 10 nautical mile buffer around the operational area. The operational area shall include the maneuvering area for line turns
and lead ins.


 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-38-



    		P1177 Helicopter-borne Geophysical Survey, Mexico – October 2011



    

 


1.17 Pilot Only Operations  


For single pilot operations
without an equipment operator, the pilot’s duties shall be those normally associated with flying the aircraft and those
duties shall not be increased because of the absence of an operator.


 


1.18 Training Syllabus  


The aircraft operator
engaged in geophysical survey flying will have in place and utilize an appropriate training syllabus for low level survey flying.
Chapter 3 of the IAGSA Safety Policy Manual provides a guide to the contents of a training syllabus.


 


1.19 Minimum Temperature Limit
 


The minimum temperature
limit for operations shall be –35 Degrees Celsius.


 


1.20 Use of Aircraft Heater  


The use of aircraft heaters
shall not be limited in the interest of “clean” data.


 


1.21 Tour of Duty  


Due consideration shall
be given to crew rotation that takes into account factors such as remoteness of the field site, severity of climate, quality of
accommodation and food, etc.


 


1.22 Incentive Pay  


Flight crews shall not
be paid on the basis of hours or kilometers flown.


 


1.23 Use of Oxygen  


Any time a survey flight,
or portion thereof, is conducted above 10,000 feet ASL , in an unpressurized aircraft, all crew members shall continuously wear
an oxygen mask supplying oxygen.


 


1.24 Pilot in Command  


Notwithstanding the above,
it is recognized that the pilot in command will always have the final word in relation to the safe operation of the aircraft.


 


{00140175.2
/ 0899-001}


25
Valleywood, Unit 14, Markham, Ontario, Canada, L3R 5L9


Tel:
(905) 947-1782 Fax: (905) 947- 1784 E-Mail: info@mpxgeophysics.com Web: www.mpxgeophysics.com


 




    	-39-