Exhibit
10.2


GLOBAL
RESOURCE INVESTMENTS LTD.

7770 El Camino Real

Carlsbad, California 92009


July 16, 2007


Allied
Nevada Gold Corp.

9604 Prototype Court

Reno, NV 
89521


Attention:


 


Re: 
Finder’s Fee — Allied Nevada Gold Corp. Private Placement


Further to our recent
conversations, this letter agreement (the “Letter Agreement”) will confirm our discussions
and, when executed, will constitute a legally binding agreement for the payment
by Allied Nevada Gold Corp. (the “Company”) to Global Resource Investments Ltd.
(the “Finder”) of a finder’s fee (the “Finder’s Fee”) in connection with the
proposed private placement by the Company (the “U.S. Financing”) of units (the “Units”)
of securities of the Company, each Unit comprised of one Share and one Common
Share Purchase Warrant, in respect of persons in the United States of America
introduced by the Finder to the Company, or associates or affiliates of such
persons (the “U.S. Investors”). 
Capitalized terms not defined herein have the meanings given them in the
Subscription Agreement, as amended, (the “Subscription Agreement) of
approximate even date between the Company and the Subscribers named therein.


The Finder confirms that
it has introduced or will use commercially reasonable efforts to introduce
potential U.S. Investors to the Company as possible funding sources.  In consideration for the Finder’s services in
introducing and/or using commercially reasonable efforts to introduce U.S.
Investors to the Company, the Company has agreed to pay, the Finder’s Fee to
the Finder on any part of this U.S. Financing which is ultimately completed by
the Company and the U.S. Investors.  The
terms of the proposed U.S. Financing and Finder’s Fee are as follows:


The purchase and sale of
the Units form part of a larger sale of an aggregate of 3,696,000 Units
offered:


(a)                                  On a non-brokered private placement basis in
the United States of America by the Company to purchasers who are U.S. Persons
(or acting for the account or benefit of U.S. Persons or Persons in the United
States) introduced to the Company by the Finder.


(b)                                 On a non-brokered private placement basis in
Canada by the Company to purchasers who are “accredited investors” introduced
to the Company by another finder; and


(c)                                  By the Company directly to certain of its
directors and executive officers, without involvement by any finder.


1.                                       Financing.             The U.S. Financing will be on the terms and conditions
as set out in the Subscription Agreement.


2.                                       Finder’s Fees.   Subject to the receipt of any required
regulatory or other approvals, the Finder will be paid a Finder’s Fee pursuant
to this Letter Agreement, equal to five percent (5%) of the gross proceeds
received by the Company from the sale of the Units to U.S. Investors introduced
to the Company by the Finder.  The Finder’s Fee will be paid to the Finder
in cash at closing of the U.S. Financing.


3.                                       Closing. 
The Finder does not have any obligations or responsibilities in
respect of the U.S. Financing and the completion of the U.S. Financing is the
responsibility of the Company and the U.S. Investors.  However, the Finder agrees to use its
reasonable best efforts to assist the Company and the U.S. Investors with
administrative matters related to Closing, including exchange and delivery of
documents and subscription funds at each Closing of the Financing.  In addition, the Finder agrees that on or
prior to the Closing Date, as such term is defined in the Subscription
Agreement, it will execute and deliver to the Company a Certificate in
substantially the form attached hereto as Exhibit A.











4.                                       No Agency. 
The Company acknowledges to the Finder that:


(a)                               the
Finder is not and has not acted as its agent in respect of the U.S. Financing,
and the Finder’s Fee is paid as consideration only for the Finder’s services in
introducing the U.S. Investors to the Company and/or using its commercially
reasonable efforts to introduce U.S. Investors to the Company;


(d)                                 the
Finder will be paid the Finder’s Fee by the Company upon the closing of the
U.S. Financing or a portion thereof; and


(e)                                  the
Finder’s Fee is payable to the Finder irrespective of any other commissions or
fees which the Company may pay to any broker or other third party in respect of
the U.S. Financing.


5.                                       Indemnity. 
The Company agrees to indemnify the Finder in respect of the U.S.
Financing, on the terms and conditions as set out in the form of Indemnity
attached to this Letter Agreement, and agrees to deliver to the Finder a duly
executed Indemnity concurrently with signing of this Letter Agreement.


6.                                       Governing Law.  This Letter Agreement and the payment of
the Finder’s Fee shall be governed by the laws of the State of California.


7.                                       Agreement.          This
Letter Agreement, including Exhibit A and Indemnity attached hereto, represents
the entire agreement between the parties and supersedes any and all prior
agreements and understandings, whether written or oral, between the
parties.  This Letter Agreement may not
be amended or otherwise modified except by an instrument in writing signed by
all parties hereto.


If the foregoing
accurately sets out your understanding of our agreement, please sign the
acknowledgement below and return a signed copy of this letter at your earliest
convenience, by fax, to the Finder at (760) 943-3940.


Yours truly,


GLOBAL
RESOURCE INVESTMENTS LTD.

Per:


	
  /s/Jeffrey Howard

  	
   

  
	
  Jeffrey Howard, CEO

  	
   

  



 


The foregoing terms are
hereby acknowledged and agreed to,

this 16th day of July, 2007.


ALLIED
NEVADA GOLD CORP.

Per:


	
  /s/Scott A. Caldwell

  	
   

  
	
  Authorized Signatory

  	
   

  



 











EXHIBIT
A


ALLIED
NEVADA GOLD CORP.


CERTIFICATE
OF FINDER


TO:     ALLIED
NEVADA GOLD CORP.


In connection with the
private placement (the “U.S. Financing”) of Units consisting of Shares and
Warrants of Allied Nevada Gold Corp. (the “Company”) pursuant to a Letter
Agreement (the “Letter Agreement”) dated as of July 16, 2007 between the
Company and Global Resource Investments Ltd. (the “Finder”), the Finder hereby
certifies as follows:


(i)  The Finder
is duly registered as a broker-dealer under the U.S. Securities Exchange Act of
1934, as amended, and with each state securities regulatory authority with
which such registration was required in order to lawfully effect the
transactions contemplated by the Letter Agreement, and is a member of and in
good standing with the National Association of Securities Dealers, Inc. on the
date hereof;


(ii)  neither the Finder nor its representatives or
affiliates have utilized, and none of such persons will utilize, any form of
general solicitation, general advertising or directed selling efforts as those
terms are used or defined, as the case may be, in Regulations D and S under the
U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) in
connection with the U.S. Financing, nor have they offered, nor will they offer,
to sell any Units in any manner involving a public offering within the meaning
of Section 4(2) of the U.S. Securities Act;


(iii)  the
Finder has had prior business dealings with each person introduced by the
Finder to the Company in connection with the U.S. Financing, and has reasonable
grounds to believe and does believe that each such offeree is an Accredited
Investor (as such term is defined in Rule 501(a) under the U.S. Securities
Act);


(iv)  each
person introduced to the Company by the Finder and who is purchasing the Units
has fully executed a Subscription Agreement in the form agreed to by the
Company and the Finder; and


(v) the Finder has conducted itself with respect to
the U.S. Financing in compliance with the terms of the Letter Agreement and in
accordance with all applicable U.S. broker-dealer requirements.


Terms used in this certificate have the meanings given
to them in the Letter Agreement and in Regulations D and S under the U.S. Securities
Act, unless otherwise defined herein.


Dated as of the 16th day of July, 2007.


GLOBAL RESOURCE INVESTMENTS LTD.


	
  By:

  	
  /s/Jeffrey Howard

  	
   

  
	
   

  	
  Its Authorized Officer

  
	
   

  	
   

  
	
  Name:

  	
  Jeffrey Howard

  	
   

  
	
   

  	
  (Please Print)

  
	
   

  	
   

  
	
  Title: 

  	
  CEO