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| 1. | Transfer and      Assignment.  Assignor hereby transfers, conveys, assigns,      sets over and delivers to Assignee, and Assignee hereby accepts the      transfer, conveyance, assignment, set over and delivery of all of      Assignor’s right, title and interest in and to the Surface      Agreement. |
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| 2. | Assumption.  Assignee      hereby assumes and agrees to be bound by all of the terms and conditions      of the Surface Agreement and shall undertake all of Assignor’s liabilities      and obligations of any kind related to the Surface Agreement from and      after the date of this Assignment. |
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| 3. | Notice to Third      Parties.  Assignor shall promptly give notice to any      necessary third party of the assignment and transfer of the Surface      Agreement.  The parties hereto agree to cooperate with one      another and execute such further documents and instruments, if any, and      take such other actions as may be necessary to give effect to this      Assignment. |
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| 4. | No Third Party      Beneficiaries.  Nothing in this Assignment shall confer      any rights upon any person or entity other than the parties hereto and      each such party’s respective successors and  assigns. |
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| 5. | Successors and      Assigns.  The terms of this Assignment shall be binding      upon, and shall inure to the benefit of the parties hereto and their      respective successors and assigns. |
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| 6. | Amendments and      Waivers.  No amendment, modification or discharge of this      Assignment and no waiver hereunder shall be valid or binding unless it is      set forth in writing and duly executed by the party against whom      enforcement of the amendment, modification, waiver or discharge is      sought.  Any such waiver shall constitute a waiver only with      respect to the specific matter described in such writing and shall in no      way impair the rights of the party granting such waiver in any other      respect at any other time. |
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| 7. | Governing      Law.  This Assignment shall be governed by and construed      in accordance with the laws of the State of Wyoming, other than its rules      as to conflicts of law. |
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| 8. | Headings.  The      headings contained in this Assignment are for purposes of convenience only      and shall not affect the meaning or interpretation of this      Assignment. |
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| 448018      EXPLORATION, INC., a Nevada corporation |                                        | THE      BOOTHEEL PROJECT, LLC, a Colorado limited liability company  |                  |
|-----------------------------------------------------|---------------------------------------------|----------------------------------------------------------------------------|-----------------------|
|                                           |        “C. Stewart Wallis” |                                                                       |                  | “C.      Stewart Wallis” |   |
| By:                                  | C.      Stewart Wallis, President           |                                                                       | By:    | 448018      Exploration, Inc., Manager  |   |
|                                                |                                        |                                                                       |                  | C.      Stewart Wallis, President |   |

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| STATE OF      BRITISH COLUMBIA COUNTY      OF  CANADA | ))        ss.) |
|----------------------------------------------------------------------|--------------------------|

|          | “Olen      Aasen” |
|--------------------|-------------------------------|
|               | Notary      Public            |
|               |                          |
|               | My      Commission expires:   |
|               |                          |
|               |  does      not expire    |

| STATE OF      BRITISH COLUMBIA COUNTY      OF  CANADA | ))        ss.) |
|----------------------------------------------------------------------|--------------------------|

|          | “Olen      Aasen” |
|--------------------|-------------------------------|
|               | Notary      Public            |
|               |                          |
|               | My      Commission expires:   |
|               |                          |
|               |  does      not expire    |

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