Document:

Exhibit 10.1

 

AUSTIN GOLD CORP.

 

STOCK OPTION PLAN

 

AMENDED AND RESTATED AS OF JULY 5, 2021

 

		1.	PURPOSE OF THE PLAN

 

Austin Gold Corp. (the “Company”)
hereby establishes a stock option plan for directors, senior officers, Employees and Consultants (as such terms are defined below) of
the Company and its Subsidiaries (collectively “Eligible Persons”), to be known as the “Austin Gold Corp. Stock
Option Plan” (the “Plan”). The purpose of the Plan is to give to Eligible Persons, as additional compensation,
the opportunity to participate in the success of the Company by granting to such individuals options, exercisable over periods of up to
10 years as determined by the board of directors of the Company, to buy shares of the Company at a price not less than the Market Price
prevailing on the date the option is granted and approved by the Board.

 

		2.	DEFINITIONS

 

In this Plan, the following terms shall have the
following meanings:

 

		2.1	“Affiliate” means any Parent or any Subsidiary.

 

		2.2	“Board” means the Board of Directors of the Company.

 

		2.3	“Change of Control”
means the occurrence of any one or more of the following events:

 

		(i)	a consolidation, reorganization, amalgamation, merger, acquisition or other business combination (or a
plan of arrangement in connection with any of the foregoing), other than solely involving the Company and any one or more of its affiliates,
with respect to which all or substantially all of the persons who were the beneficial owners of the Shares and other securities of the
Company immediately prior to such consolidation, reorganization, amalgamation, merger, acquisition, business combination or plan of arrangement
do not, following the completion of such consolidation, reorganization, amalgamation, merger, acquisition, business combination or plan
of arrangement, beneficially own, directly or indirectly, more than 50% of the resulting voting rights (on a fully-diluted basis) of the
Company or its successor;

 

		(ii)	the sale, exchange or other disposition to a person other than an affiliate of the Company of all, or
substantially all of the Company’s assets;

 

		(iii)	a resolution is adopted to wind-up, dissolve or liquidate the Company;

 

		(iv)	a change in the composition of the Board, which occurs at a single meeting of the shareholders of the
Company or upon the execution of a shareholders’ resolution, such that individuals who are members of the Board immediately prior
to such meeting or resolution cease to constitute a majority of the Board, without the Board, as constituted immediately prior to such
meeting or resolution, having approved of such change; or

 

		(v)	any person, entity or group of persons or entities acting jointly or in concert (an “Acquiror”)
acquires or acquires control (including, without limitation, the right to vote or direct the voting) of Voting Securities of the Company
which, when added to the Voting Securities owned of record or beneficially by the Acquiror or which the Acquiror has the right to vote
or in respect of which the Acquiror has the right to direct the voting, would entitle the Acquiror and/or associates and/or affiliates
of the Acquiror to cast or to direct the casting of 20% or more of the votes attached to all of the Company’s outstanding Voting
Securities which may be cast to elect directors of the Company or the successor Company (regardless of whether a meeting has been called
to elect directors).

 

    

    - 2 -

    

 

For the purposes of the foregoing, “Voting
Securities” means Shares and any other shares entitled to vote for the election of directors and shall include any security, whether
or not issued by the Company, which are not shares entitled to vote for the election of directors but are convertible into or exchangeable
for shares which are entitled to vote for the election of directors including any options or rights to purchase such shares or securities.

 

		2.4	“Code” shall mean the Internal Revenue Code of 1986, as amended from time to time,
together with the regulations and official guidance promulgated thereunder, whether issued prior or subsequent to the grant of any Option.

 

		2.5	“Company” means Austin Gold Corp. and its successors.

 

		2.6	“Consultant” means any consultant or advisor engaged to provide services to the Company
or any Affiliate who qualifies as a consultant or advisor under the applicable rules of the Securities and Exchange Commission for
registration of shares on a Form S-8 Registration Statement or any successor form thereto, which shall include only consultants that
(i) are natural persons and (ii) provide bona fide services to the Company and such services are not in connection with the
offer or sale of securities in a capital-raising transaction, and do not directly or indirectly promote or maintain a market for the Company’s
securities.

 

		2.7	“Disability” means any disability with respect to an Optionee which the Board, in its
sole and unfettered discretion, considers likely to prevent permanently the Optionee from:

 

		a.	being employed or engaged by the Company, its Affiliates or another employer, in a position the same as
or similar to that in which he was last employed or engaged by the Company or its Affiliates; or

 

		b.	acting as a director or officer of the Company or its Affiliates.

 

		2.8	“Eligible Persons” has the meaning given to that term in section 1 hereof.

 

		2.9	“Employee” shall mean any employee of the Company or any Affiliate.

 

		2.10	“Exchanges” means any stock exchange on which the Shares are listed (such as the NYSE
American, the New York Stock Exchange, the NASDAQ Global Market and the NASDAQ Global Select Market, the NASDAQ Capital Market).

 

		2.11	“Expiry Date” means the date set by the Board under section 3.1 of the Plan, as the
last date on which an Option may be exercised.

 

		2.12	“Fair Market Value” shall mean, as of any given date, the value of a Share determined
as follows:

 

		a.	If the Shares are (i) listed on an Exchange or (iii) listed, quoted or traded on any automated
quotation system, its Fair Market Value shall be the closing sales price for a Share as quoted on such exchange or system for such date
or, if there is no closing sales price for a Share on the date in question, the closing sales price for a Share on the last preceding
date for which such quotation exists, as reported in The Wall Street Journal or such other source as the Board deems reliable;

 

		b.	If the Shares are not listed on an Exchange, national market system or automated quotation system, but
the Shares are regularly quoted by a recognized securities dealer, its Fair Market Value shall be the mean of the high bid and low asked
prices for such date or, if there are no high bid and low asked prices for a Share on such date, the high bid and low asked prices for
a Share on the last preceding date for which such information exists, as reported in The Wall Street Journal or such other source as the
Board deems reliable;

 

    

    - 3 -

    

 

		c.	If the Shares are neither listed on an established securities exchange, national market system or automated
quotation system nor regularly quoted by a recognized securities dealer, its Fair Market Value shall be established by the Board in good
faith.

 

Notwithstanding the foregoing, with respect
to any Option granted after the effectiveness of the Company’s registration statement relating to its initial public offering and
prior to the Public Trading Date, the Fair Market Value shall mean the initial public offering price of a Share as set forth in the Company’s
final prospectus relating to its initial public offering filed with the United States Securities and Exchange Commission.

 

		2.13	“Grant Date” means the date specified in an Option Agreement as the date on which an
Option is granted.

 

		2.14	“Joint Actor” means a person acting “jointly or in concert with” another
person as that phrase is interpreted in National Instrument 62-104 – Take-Over Bids and Issuer Bids.

 

		2.15	“NYSE American” means the NYSE American Exchange LLC.

 

		2.16	“Option” means an option to purchase Shares granted pursuant to, or governed by, this
Plan and any pre-existing stock option plan of the Company.

 

		2.17	“Option Agreement” means an agreement, in the form attached hereto as Schedule “A”,
whereby the Company grants to an Optionee an Option.

 

		2.18	“Optionee” means each of the Eligible Persons granted an Option pursuant to this Plan
and their heirs, executors and administrators.

 

		2.19	“Option Price” means the price per Share specified in an Option Agreement, adjusted
from time to time in accordance with the provisions of section 5.

 

		2.20	“Option Shares” means the aggregate number of Shares which an Optionee may purchase
under an Option.

 

		2.21	“Parent” shall mean any entity (other than the Company), whether domestic or foreign,
in an unbroken chain of entities ending with the Company if each of the entities other than the Company beneficially owns, at the time
of the determination, securities or interests representing more than fifty percent (50%) of the total combined voting power of all classes
of securities or interests in one of the other entities in such chain.

 

		2.22	“Plan” means this Austin Gold Corp. Stock Option Plan, as may be amended and restated
from time to time.

 

		2.23	“Shares” means the common shares in the capital of the Company as constituted on the
Grant Date provided that, in the event of any adjustment pursuant to section 5, “Shares” shall thereafter mean the shares
or other property resulting from the events giving rise to the adjustment.

 

		2.24	“Securities Act” means the Securities Act, R.S.B.C. 1996, c.418, as amended, as at
the date hereof.

 

		2.25	“Subsidiary” shall mean any entity (other than the Company), whether domestic or foreign,
in an unbroken chain of entities beginning with the Company if each of the entities other than the last entity in the unbroken chain beneficially
owns, at the time of the determination, securities or interests representing more than fifty percent (50%) of the total combined voting
power of all classes of securities or interests in one of the other entities in such chain.

 

		2.26	“Unissued Option Shares” means the number of Shares, at a particular time, which have
been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance
with the provisions of section 5, such adjustments to be cumulative.

 

    

    - 4 -

    

 

		2.27	“U.S. Securities Act” means the United States Securities Act of 1933, as amended.

 

		2.28	“Vested” means that an Option has become exercisable in respect of a number of Option
Shares by the Optionee pursuant to the terms of the Option Agreement.

 

		3.	GRANT OF OPTIONS

 

		3.1	Option Terms

 

The Board may from time to time authorize the
issue of Options to Eligible Persons. The Option Price under each Option shall be not less than the Fair Market Value on the Grant Date.
The Expiry Date for each Option shall be set by the Board at the time of issue of the Option and shall not be more than 10 years after
the Grant Date, subject to the operation of section 4.1. Options shall not be assignable (or transferable) by the Optionee.

 

		3.2	Limits on Shares Issuable on Exercise of Options

 

The number of Shares reserved for issuance under
the Plan and all of the Company’s other previously established or proposed share compensation arrangements:

 

		(a)	in aggregate shall not exceed 10% of the total number of issued and outstanding Shares on a non-diluted
basis on the Grant Date; and

 

		(b)	to any one Optionee within a 12-month period shall not exceed 5% of the total number of issued and outstanding
shares on a non-diluted basis.

 

The number of Shares which may be issuable under
the Plan and all of the Company’s other previously established or proposed share compensation arrangements, within a one-year period:

 

		(a)	to any one Optionee, shall not exceed 5% of the total number of issued and outstanding Shares on the Grant
Date on a non-diluted basis; and

 

		(b)	to any one Consultant shall not exceed 2% in the aggregate of the total number of issued and outstanding
Shares on the Grant Date on a non-diluted basis.

 

		3.3	Option Agreements

 

Each Option shall be confirmed by the execution
of an Option Agreement. Each Optionee shall have the option to purchase from the Company the Option Shares at the time and in the manner
set out in the Plan and in the Option Agreement applicable to that Optionee. For stock options to Employees or Consultants, the Company
is representing herein and in the applicable Option Agreement that the Optionee is a bona fide Employee or Consultant, as the case may
be, of the Company or its Affiliate. The execution of an Option Agreement shall constitute conclusive evidence that it has been completed
in compliance with this Plan.

 

		4.	EXERCISE OF OPTION

 

		4.1	When Options May be Exercised

 

Subject to sections 4.3 and 4.4, an Option may
be exercised to purchase any number of Shares up to the number of Vested Unissued Option Shares at any time after the Grant Date up to
4:00 p.m. Pacific Time on the Expiry Date and shall not be exercisable thereafter. In the event that the Expiry Date of an Option
falls during, or within five trading days of, a trading blackout period imposed by the Company (the “Blackout Period”),
the Expiry Date of such Option shall automatically be extended to a date which is 10 trading days following the end of such Blackout Period
(the “Extension Period”); provided that if an additional Blackout Period is subsequently imposed by the Company during
the Extension Period, then such Extension Period shall be deemed to commence following the end of such additional Blackout Period to enable
the exercise of such Option within 10 trading days following the end of the last imposed Blackout Period.

 

    

    - 5 -

    

 

		4.2	Manner of Exercise

 

The Option shall be exercisable by delivering
to the Company a notice specifying the number of Shares in respect of which the Option is exercised together with payment in full of the
Option Price for each such Share. Upon notice and payment there will be a binding contract for the issue of the Shares in respect of which
the Option is exercised, upon and subject to the provisions of the Plan. Delivery of the Optionee’s cheque payable to the Company
in the amount of the Option Price shall constitute payment of the Option Price unless the cheque is not honoured upon presentation in
which case the Option shall not have been validly exercised.

 

		4.3	Vesting of Option Shares

 

The Board, subject to the policies of the Exchanges,
may determine and impose terms upon which each Option shall become Vested in respect of Option Shares. Unless otherwise specified by the
Board at the time of granting an Option, and subject to the other limits on Option grants set out in Section 3.2 hereof, all Options
granted under the Plan shall vest and become exercisable in full upon grant.

 

		4.4	Termination of Employment

 

If an Optionee ceases to be an Eligible Person,
his or her Option shall be exercisable as follows:

 

		(a)	Death or Disability

 

If the Optionee ceases to be an Eligible
Person, due to his or her death or Disability or, in the case of an Optionee that is a company, the death or Disability of the person
who provides management or consulting services to the Company or to any entity controlled by the Company, the Option then held by the
Optionee shall be exercisable to acquire Vested Unissued Option Shares at any time up to but not after the earlier of:

 

		(i)	365 days after the date of death or Disability; and

 

		(ii)	the Expiry Date.

 

		(b)	Termination For Cause

 

If
the Optionee ceases to be an Eligible Person as a result of termination for cause as that term is interpreted by the courts of the jurisdiction
in which the Optionee is employed or engaged; any outstanding Option held by such Optionee on the date of such termination, whether
in respect of Option Shares that are Vested or not, shall be cancelled as of that date.

 

		(c)	Early Retirement, Voluntary Resignation or Termination Other
than For Cause

 

If the Optionee ceases to be an Eligible
Person due to his or her retirement at the request of his or her employer earlier than the normal retirement date under the Company’s
retirement policy then in force, or due to his or her termination by the Company other than for cause, or due to his or her voluntary
resignation, the Option then held by the Optionee shall be exercisable to acquire Vested Unissued Option Shares at any time up to but
not after the earlier of the Expiry Date and the date which is 90 days after the Optionee ceases to be an Eligible Person. Notwithstanding
the foregoing, the Board may, in its sole discretion if it determines such is in the best interests of the Company, extend the Expiry
Date or the 90-day exercisable period of the Option of an Optionee to a later date up to a maximum of one year from the date the Optionee
ceased to be an Eligible Person.

 

    

    - 6 -

    

 

		(d)	Spin-Out Transactions

 

If pursuant to the operation of sub-paragraph
5.3(c) an Optionee receives options (the “New Options”) to purchase securities of another company (the “New
Company”) in respect of the Optionee’s Options (the “Subject Options”), the New Options shall expire
on the earlier of: (i) the Expiry Date of the Subject Options; (ii) if the Optionee does not become an Eligible Person in respect
of the New Company, the date that the Subject Options expire pursuant to sub-paragraph 4.4(a), (b) or (c), as applicable; (iii) if
the Optionee becomes an Eligible Person in respect of the New Company, the date that the New Options expire pursuant to the terms of the
New Company’s stock option plan that correspond to sub-paragraphs 4.4(a), (b) or (c) hereof; and (iv) the date that
is one (1) year after the Optionee ceases to be an Eligible Person in respect of the New Company or such shorter period as determined
by the Board.

 

For purposes of this paragraph 4.4, the dates
of death, Disability, termination, retirement, voluntary resignation, ceasing to be an Eligible Person and incapacity shall be interpreted
to be without regard to any period of notice (statutory or otherwise) or whether the Optionee or his or her estate continues thereafter
to receive any compensatory payments from the Company or is paid salary by the Company in lieu of notice of termination.

 

For greater certainty, an Option that had not
become Vested in respect of certain Unissued Option Shares at the time that the relevant event referred to in this section 4.4 occurred,
shall not be or become vested or exercisable in respect of such Unissued Option Shares and shall be cancelled.

 

		4.5	Effect of a Take-Over Bid

 

If
a bona fide offer (an “Offer”) for Shares is made to the Optionee or to shareholders of the Company generally
or to a class of shareholders which includes the Optionee, which Offer, if accepted in whole or in part, would result in the offeror becoming
a control person of the Company, within the meaning of subsection 1(1) of the Securities Act, the Company shall, immediately upon
receipt of notice of the Offer, notify each Optionee of full particulars of the Offer, whereupon (subject to the approval of the
Exchanges) all Option Shares subject to such Option will become Vested and the Option may be exercised in whole or in part by the Optionee
so as to permit the Optionee to tender the Option Shares received upon such exercise, pursuant to the Offer. However, if:

 

		(a)	the Offer is not completed within the time specified therein; or

 

		(b)	all of the Option Shares tendered by the Optionee pursuant to the Offer are not taken up or paid for by
the offeror in respect thereof,

 

then the Option Shares received upon such exercise,
or in the case of clause (b) above, the Option Shares that are not taken up and paid for, may be returned by the Optionee to the
Company and reinstated as authorized but unissued Shares and with respect to such returned Option Shares, the Option shall be reinstated
as if it had not been exercised and the terms upon which such Option Shares were to become Vested pursuant to section 4.3 shall be reinstated.
If any Option Shares are returned to the Company under this section 4.5, the Company shall immediately refund the exercise price to the
Optionee for such Option Shares.

 

		4.6	Acceleration of Expiry Date

 

If at any time when an Option granted under the
Plan remains unexercised with respect to any Unissued Option Shares, an Offer is made by an offeror, the Board may, upon notifying each
Optionee of full particulars of the Offer, declare all Option Shares issuable upon the exercise of Options granted under the Plan, Vested,
and declare that the Expiry Date for the exercise of all unexercised Options granted under the Plan is accelerated so that all Options
will either be exercised or will expire prior to the date upon which Shares must be tendered pursuant to the Offer. The Board shall give
each Optionee as much notice as possible of the acceleration of the Options under this section, except that not less than 5 business days
notice is required and more than 30 days notice is not required.

 

		4.7	Compulsory Acquisition or Going Private Transaction

 

If and whenever, following a take-over bid or
issuer bid, there shall be a compulsory acquisition of the Shares of the Company pursuant to Division 6 of the Business Corporations
Act (British Columbia) or any successor or similar legislation, or any amalgamation, merger or arrangement in which securities acquired
in a formal take-over bid may be voted under the conditions described in Section 8.2 of Multilateral Instrument 61-101 Protection
of Minority Security Holders in Special Transactions, then following the date upon which such compulsory acquisition, amalgamation,
merger or arrangement is effective, an Optionee shall be entitled to receive, and shall accept, for the same exercise price, in lieu of
the number of Shares to which such Optionee was theretofore entitled to purchase upon the exercise of his or her Options, the aggregate
amount of cash, shares, other securities or other property which such Optionee would have been entitled to receive as a result of such
bid if he or she had tendered such number of Shares to the take-over bid.

 

    

    - 7 -

    

 

		4.8	Effect of a Change of Control

 

If a Change of Control occurs, all Option Shares
subject to each outstanding Option will become Vested, whereupon such Option may be exercised in whole or in part by the Optionee, subject
to the approval of the Exchanges, if necessary.

 

		4.9	Exclusion From Severance Allowance, Retirement Allowance
or Termination Settlement

 

If the Optionee retires, resigns or is terminated
from employment or engagement with the Company or any Affiliates, the loss or limitation, if any, pursuant to the Option Agreement with
respect to the right to purchase Option Shares which were not Vested at that time or which, if Vested, were cancelled, shall not give
rise to any right to damages and shall not be included in the calculation of nor form any part of any severance allowance, retiring allowance
or termination settlement of any kind whatsoever in respect of such Optionee.

 

		4.10	Shares Not Acquired

 

Any Unissued Option Shares not acquired by an
Optionee under an Option which has expired may be made the subject of a further Option pursuant to the provisions of the Plan.

 

		5.	ADJUSTMENT OF OPTION PRICE AND NUMBER OF OPTION SHARES

 

		5.1	Share Reorganization

 

Whenever the Company issues Shares to all or substantially
all holders of Shares by way of a stock dividend or other distribution, or subdivides all outstanding Shares into a greater number of
Shares, or combines or consolidates all outstanding Shares into a lesser number of Shares (each of such events being herein called a “Share
Reorganization”) then effective immediately after the record date for such dividend or other distribution or the effective date
of such subdivision, combination or consolidation, for each Option:

 

		(a)	the Option Price will be adjusted to a price per Share which is the product of:

 

		(i)	the Option Price in effect immediately before that effective date or record date; and

 

		(ii)	a fraction, the numerator of which is the total number of Shares outstanding on that effective date or
record date before giving effect to the Share Reorganization, and the denominator of which is the total number of Shares that are or would
be outstanding immediately after such effective date or record date after giving effect to the Share Reorganization; and

 

		(b)	the number of Unissued Option Shares will be adjusted by multiplying (i) the number of Unissued Option
Shares immediately before such effective date or record date by (ii) a fraction which is the reciprocal of the fraction described
in subsection (a)(ii).

 

		5.2	Special Distribution

 

Subject to the prior approval of the Exchanges,
whenever the Company issues by way of a dividend or otherwise distributes to all or substantially all holders of Shares;

 

		(a)	shares of the Company, other than the Shares;

 

		(b)	evidences of indebtedness;

 

    

    - 8 -

    

 

		(c)	any cash or other assets, excluding cash dividends (other than cash dividends which the Board has determined
to be outside the normal course); or

 

		(d)	rights, options or warrants;

 

then to the extent that such dividend or distribution
does not constitute a Share Reorganization (any of such non-excluded events being herein called a “Special Distribution”),
and effective immediately after the record date at which holders of Shares are determined for purposes of the Special Distribution, for
each Option the Option Price will be reduced, and the number of Unissued Option Shares will be correspondingly increased, by such amount,
if any, as is determined by the Board in its sole and unfettered discretion to be appropriate in order to properly reflect any diminution
in value of the Option Shares as a result of such Special Distribution.

 

		5.3	Corporate Organization

 

Whenever there is:

 

		(a)	a reclassification of outstanding Shares, a change of Shares into other shares or securities, or any other
capital reorganization of the Company, other than as described in sections 5.1 or 5.2;

 

		(b)	a consolidation, merger or amalgamation of the Company with or into another corporation resulting in a
reclassification of outstanding Shares into other shares or securities or a change of Shares into other shares or securities;

 

		(c)	an arrangement or other transaction under which, among other things, the business or assets of the Company
become, collectively, the business and assets of two or more companies with the same shareholder group upon the distribution to the Company’s
shareholders, or the exchange with the Company’s shareholders, of securities of the Company, or securities of another company, or
both; or

 

		(d)	a transaction whereby all or substantially all of the Company’s undertaking and assets become the
property of another corporation;

 

(any such event being herein called a “Corporate
Reorganization”) the Optionee will have an option to purchase (at the times, for the consideration, and subject to the terms
and conditions set out in the Plan) and will accept on the exercise of such option, in lieu of the Unissued Option Shares which he/she
would otherwise have been entitled to purchase, the kind and amount of shares or other securities or property that he/she would have been
entitled to receive as a result of the Corporate Reorganization if, on the effective date thereof, he/she had been the holder of all Unissued
Option Shares or if appropriate, as otherwise determined by the Board.

 

		5.4	Determination of Option Price and Number of Unissued Option
Shares

 

If any questions arise at any time with respect
to the Option Price or number of Unissued Option Shares deliverable upon exercise of an Option following a Share Reorganization, Special
Distribution or Corporate Reorganization, such questions shall be conclusively determined by the Company’s auditor, or, if they
decline to so act, any other firm of Chartered Accountants in Vancouver, British Columbia, that the Board may designate and who will have
access to all appropriate records and such determination will be binding upon the Company and all Optionees.

 

		5.5	Regulatory Approval

 

Any adjustment to the Option Price or the number
of Unissued Option Shares purchasable under the Plan pursuant to the operation of any one of sections 5.1, 5.2 or 5.3 is subject to the
approval of the Exchanges and any other governmental authority having jurisdiction.

 

    

    - 9 -

    

 

		6.	GRANTS TO U.S. PARTICIPANTS

 

		6.1	Grants to U.S. Participants

 

For purposes of this Section 6.1, a U.S.
Participant shall mean an Eligible Person who is a U.S. citizen or a U.S. resident for U.S. federal tax purposes, in each case as defined
in the Code. In addition to the other provisions of this Plan (and notwithstanding any other provision of this Plan to the contrary),
the following limitations and requirements will apply to any Option granted to a U.S. Participant:

 

		(a)	the Option Price payable per Option Share upon exercise of an Option will not be less than 100% of the
Fair Market Value of the Option Shares on the date of grant of such Option;

 

		(b)	the Board may use its reasonable efforts to ensure that any adjustment with respect to the Option Price
for and number of Option Shares subject to an Option (including, but not limited to, the adjustments contemplated under Section 5
above) granted to a U.S. Participant pursuant to this Plan will be made so as to comply with, and not create any adverse consequences
under, sections 424 and 409A of the Code;

 

		(c)	the last date which an Option granted to a U.S. Participant may be exercised shall be determined under
the first sentence of Section 4.1, and the second sentence permitting extensions during a Blackout Period shall be disregarded; and

 

		(d)	Options granted to U.S. Participants that are intended to qualify as an “incentive stock options”
within the meaning of section 422 of the Code (“Incentive Stock Options”) shall, notwithstanding any other provision of this
Plan to the contrary, be subject to the following limitations and requirements:

 

		(i)	The maximum number of Option Shares reserved for issuance under this Plan for Incentive Stock Options
shall not exceed 2,800,000.

 

		(ii)	An Incentive Stock Option may be granted only to employees (including a director or officer who is also
an employee) of the Company (or of any parent or subsidiary of the Company). For purposes of this Section, the term Optionee, as applied
to a U.S. Participant, shall mean a person who is an employee for purposes of the Code and the terms “parent” and “subsidiary”
shall have the meanings set forth in sections 424(e) and 424(f) of the Code;

 

		(iii)	The Company will not grant Incentive Stock Options in which the aggregate fair market value (determined
as of the date of grant) of the Option Shares with respect to which Incentive Stock Options are exercisable for the first time by any
U.S. Participant during any calendar year (under this Plan and all other plans of the Company and of any parent or subsidiary of the Company)
exceeds US$100,000 or any limitation subsequently set forth in section 422(d) of the Code;

 

		(iv)	The Option Price payable per Option Share upon exercise of an Incentive Stock Option will not be less
than 100% of the Market Price of an Option Share on the date of grant of such Incentive Stock Option; provided, however, that, in the
case of the grant of an Incentive Stock Option to a U.S. Participant who, at the time such Incentive Stock Option is granted, is a 10%
shareholder, the Option Price payable per Option Share upon exercise of such Incentive Stock Option will be not less than 110% of the
Market Price of a Share on the date of grant of such Incentive Stock Option;

 

		(v)	An Incentive Stock Option will terminate and no longer be exercisable no later than ten years after the
date of grant of such Incentive Stock Option; provided, however, that in the case of a grant of an Incentive Stock Option to a U.S. Participant
who, at the time such Incentive Stock Option is granted, is a 10% shareholder, such Incentive Stock Option will terminate and no longer
be exercisable no later than five years after the date of grant of such Incentive Stock Option;

 

    

    - 10 -

    

 

		(vi)	If a U.S. Participant who has been granted Incentive Stock Options ceases to be employed by the Company
(or by any parent or subsidiary of the Company) for any reason, whether voluntary or involuntary, other than death, permanent disability
or cause, such Incentive Stock Option shall cease to qualify as an Incentive Stock Option as of the earlier of (i) the date that
is three months after the date of cessation of employment or (ii) the expiration of the term of such Incentive Stock Option. If a
U.S. Participant who has been granted Incentive Stock Options ceases to be employed by the Company (or by any parent or subsidiary of
the Company) because of the death or permanent disability of such U.S. Participant, then such Incentive Stock Option shall cease to qualify
as an Incentive Stock Option as of the earlier of (i) the date that is one year after the date of death or permanent disability,
as the case may be, or (ii) the expiration of the term of such Incentive Stock Option. Nothing herein is intended to require the
Option to remain outstanding any longer than as required under section 3 or 4 of the Plan. For purposes of this Section, the term “permanent
disability” has the meaning assigned to that term in section 422(e)(3) of the Code;

 

		(vii)	An Incentive Stock Option granted to a U.S. Participant may be exercised during such U.S. Participant’s
lifetime only by such U.S. Participant;

 

		(viii)	An Incentive Stock Option granted to a U.S. Participant may not be transferred, assigned or pledged by
such U.S. Participant, except by will or by the laws of descent and distribution; and

 

		(ix)	No Incentive Stock Option will be granted more than ten years after the earlier of the date this Plan
is adopted by the Board or the date this Plan is approved by the shareholders of the Company.

 

		6.2	Application of U.S. Securities Laws

 

Unless a registration statement on Form S-8
under the U.S. Securities Act has been filed by the Company and brought effective by the United States Securities and Exchange Commission
registering the Plan and the Shares issuable upon exercise of the Options (the “Registration Statement”), neither the
Options which may be granted pursuant to the provisions of the Plan nor the Shares which may be purchased pursuant to the exercise of
Options have been registered under the U.S. Securities Act or under any securities law of any state of the United States of America. Accordingly,
any person granted Options that is resident in the United States or is a U.S. person (as that term is defined in Regulation S under the
U.S. Securities Act) (a “U.S. Participant”) shall by acceptance of the Options be deemed to represent, warrant, acknowledge
and agree that:

 

		(a)	the U.S. Participant is acquiring the Options and any Shares acquired upon the exercise of such Options
as principal and for the account of the U.S. Participant for investment purposes only;

 

		(b)	in granting the Options and issuing the Shares to the U.S. Participant upon the exercise of such Options,
the Company is relying on the representations and warranties of the U.S. Participant contained in this Plan relating to the Options to
support the conclusion of the Company that the granting of the Options and the issue of Shares upon the exercise of such Options do not
require registration under the U.S. Securities Act or to be qualified under the securities laws of any state of the United States of America;

 

		(c)	unless a Registration Statement is effective under the U.S. Securities Act registering the exercise of
the Options and the issuance of the Shares, each certificate representing Shares issued upon the exercise of such Options to such U.S.
Participant shall bear the following legends:

 

“The
shares represented by this certificate have not been registered or qualified under the United States Securities Act of 1933, as amended,
or state securities laws. The shares may not be offered for sale, sold, pledged or otherwise disposed of unless so registered or qualified,
unless an exemption exists or unless such disposition is not subject to U.S. federal or state securities laws, and the Company may require
that the availability of any exemption or the inapplicability of such securities laws be established by an opinion of counsel, which opinion
of counsel shall be reasonably satisfactory to the Company.”

 

    

    - 11 -

    

 

		(d)	prior to making any disposition of any Shares acquired pursuant to the exercise of such Options, the U.S.
Participant shall give written notice to the Company describing the manner of the proposed disposition and containing such other information
as is necessary to enable counsel for the Company to determine whether registration under the U.S. Securities Act or qualification under
any securities laws of any state of the United States of America is required in connection with the proposed disposition and whether the
proposed disposition is otherwise in compliance with such legislation and the regulations thereto;

 

		(e)	the U.S. Participant will not attempt to effect any disposition of the Shares owned by the U.S. Participant
and acquired pursuant to the exercise of such Options or of any interest therein which might be subject to the requirements of the U.S.
Securities Act in the absence of an effective registration statement relating thereto under the U.S. Securities Act or an opinion of counsel
satisfactory in form and substance to counsel for the Company that such disposition would not constitute a violation of the U.S. Securities
Act or any securities laws of any state of the United States of America and then will only dispose of such Shares in the manner so proposed;

 

		(f)	the Company may place a notation on the records of the Company to the effect that none of the Shares acquired
by the U.S. Participant pursuant to the exercise of such Options shall be transferred unless the provisions of the Plan have been complied
with; and

 

		(g)	the effect of these restrictions on the disposition of the Shares acquired by the U.S. Participant pursuant
to the exercise of such Options is such that the U.S. Participant may not be able to sell or otherwise dispose of such Shares for a considerable
length of time in a transaction which is subject to the provisions of the U.S. Securities Act.

 

		7.	MISCELLANEOUS

 

		7.1	Right to Employment

 

Neither this Plan nor any of the provisions hereof
shall confer upon any Optionee any right with respect to employment or continued employment with the Company or any Affiliate or interfere
in any way with the right of the Company or any Affiliate to terminate such employment.

 

		7.2	Necessary Approvals

 

The Plan shall be effective upon the approval
of the Plan by the Board and the Exchange or any regulatory authority having jurisdiction over the securities of the Company and shall
be ratified thereafter by the shareholders of the Company by way of an ordinary resolution at the next duly convened meeting of the shareholders
of the Company. Disinterested shareholder approval (as required by the Exchanges) will be obtained for any reduction in the exercise price
of any Option granted under this Plan at the time of the proposed amendment. The obligation of the Company to sell and deliver Shares
in accordance with the Plan is subject to the approval of the Exchanges and any governmental authority having jurisdiction. If any Shares
cannot be issued to any Optionee for any reason, including, without limitation, the failure to obtain such approval, then the obligation
of the Company to issue such Shares shall terminate and any Option Price paid by an Optionee to the Company shall be immediately refunded
to the Optionee by the Company.

 

		7.3	Administration of the Plan

 

The Board shall, without limitation, have full
and final authority in their discretion, but subject to the express provisions of the Plan, to interpret the Plan, to prescribe, amend
and rescind rules and regulations relating to the Plan and to make all other determinations deemed necessary or advisable in respect
of the Plan. Except as set forth in section 5.4, the interpretation and construction of any provision of the Plan by the Board shall be
final and conclusive. Administration of the Plan shall be the responsibility of the appropriate officers of the Company and all costs
in respect thereof shall be paid by the Company.

 

    

    - 12 -

    

 

		7.4	Withholding Taxes

 

The exercise of each Option granted under the
Plan is subject to the condition that if at any time the Company determines, in its discretion, that the satisfaction of withholding tax
or other withholding liabilities is necessary or desirable in respect of such exercise, such exercise is not effective unless such withholding
has been effected to the satisfaction of the Company. In such circumstances, the Company may require that the Optionee pay to the Company,
in addition to and in the same manner as the exercise price for the Shares, such amount as the Company is obliged to remit to the relevant
tax authority in respect of the exercise of the Option. Alternatively, the Company shall have the right in its discretion to satisfy any
such liability for withholding or other required deduction amounts by retaining or acquiring any Shares acquired upon exercise of any
Option, or retaining any amount payable, which would otherwise be issued or delivered, provided or paid to an Optionee by the Company,
whether or not such amounts are payable under the Plan.

 

		7.5	Amendments to the Plan

 

The Board may from time to time, subject to applicable
law and to the prior approval, if required, of the shareholders, Exchanges or any other regulatory body having authority over the Company
or the Plan, suspend, terminate or discontinue the Plan at any time, or amend or revise the terms of the Plan or of any Option granted
under the Plan and the Option Agreement relating thereto, provided that no such amendment, revision, suspension, termination or discontinuance
shall in any manner adversely affect any Option previously granted to an Optionee under the Plan without the consent of that Optionee.
Any amendments to the Plan or options granted thereunder will be subject to the approval of the shareholders.

 

		7.6	Form of Notice

 

A notice given to the Company shall be in writing,
signed by the Optionee and delivered to the head business office of the Company.

 

		7.7	No Representation or Warranty

 

The Company makes no representation or warranty
as to the future market value of any Shares issued in accordance with the provisions of the Plan.

 

		7.8	Compliance with Applicable Law

 

If any provision of the Plan or any Option Agreement
contravenes any law or any order, policy, by-law or regulation of any regulatory body or Exchange having authority over the Company or
the Plan, then such provision shall be deemed to be amended to the extent required to bring such provision into compliance therewith.

 

		7.9	No Assignment

 

No Optionee may assign any of his or her rights
under the Plan or any option granted thereunder.

 

		7.10	Rights of Optionees

 

An Optionee shall have no rights whatsoever as
a shareholder of the Company in respect of any of the Unissued Option Shares (including, without limitation, voting rights or any right
to receive dividends, warrants or rights under any rights offering).

 

		7.11	Previously Granted Options

 

Stock options which are outstanding under pre-existing
stock option plan(s) of the Company as of the effective date of this Plan shall continue to be exercisable and shall be deemed to
be governed by and be subject to the terms and conditions of this Plan except to the extent that the terms of this Plan are more restrictive
than the terms of such pre-existing plan(s) under which such stock option were originally granted, in which case the applicable pre-existing
plan(s) shall govern.

 

    

    - 13 -

    

 

		7.12	Conflict

 

In the event of any conflict between the provisions
of this Plan and an Option Agreement, the provisions of this Plan shall govern.

 

		7.13	Governing Law

 

The Plan and each Option Agreement issued pursuant
to the Plan shall be governed by the laws of the province of British Columbia.

 

		7.14	Time of Essence

 

Time is of the essence of this Plan and of each
Option Agreement. No extension of time will be deemed to be or to operate as a waiver of the essentiality of time.

 

		7.15	Entire Agreement

 

This Plan and the Option Agreement sets out the
entire agreement between the Company and the Optionees relative to the subject matter hereof and supersedes all prior agreements, undertakings
and understandings, whether oral or written.

 

    

    - 14 -

    

 

SCHEDULE “A”

 

AUSTIN GOLD CORP.

 

STOCK OPTION PLAN - OPTION AGREEMENT

 

This Option Agreement is entered into between
AUSTIN GOLD CORP. (the “Company”) and the OPTIONEE named below pursuant to the Company Stock Option Plan
(the “Plan”), a copy of which is attached hereto, and confirms that:

 

		1.	on ●, 20● (the “Grant Date”);

 

		2.	● (the “Optionee”);

 

		3.	was granted the option (the “Option”) to purchase ● common shares (the
                                                          “Option Shares”) of the Company;

 

		4.	for the price (the “Option Price”) of $● per share;

 

		5.	which rights to purchase the Option Shares under the Option may be exercised and will vest as follows:

 

		(a)	[ ONE-QUARTER (1/4) ] of the total number of share options granted will vest ● (●)
                                                               MONTHS after the Grant Date, being ●;

 

		(b)	a further [ ONE-QUARTER (1/4) ] of the total number of share options granted will vest
                                                               ● (●) MONTHS after the Grant Date, being ●; and

 

		(c)	a further [ ONE-QUARTER (1/4) ] of the total number of share options granted will vest
                                                               ● (●) MONTHS after the Grant Date, being ●; and

 

(d) a
further [ ONE-QUARTER (1/4) ] of the total number of share options granted will vest ● (●) MONTHS after the Grant
Date, being ●; and

 

		6.	the Option will terminate on ● (the “Expiry Date”);

 

all on the terms and subject to the conditions
set out in the Plan. For greater certainty, Option Shares continue to be exercisable until the termination or cancellation thereof as
provided in this Option Agreement and the Plan.

 

Grants to U.S. Participants. Type of Option:
_____ ISO _____ NSO (check one). If designated as an Incentive Stock Option (“ISO”), this Option is intended to qualify as
an Incentive Stock Option as defined in Section 422 of the U.S. Internal Revenue Code (the “Code”). Nevertheless, to
the extent that it exceeds the $100,000 rule of Section 422(d), this Option shall be treated as a Non-statutory Stock Option
(“NSO”). Further, this Option shall cease to qualify as an ISO if it fails to satisfy the requirements of section 6.1(d) of
the Plan or is exercised after the maximum applicable periods specified in section 6.1(d) of the Plan. If for any reason this Option
(or portion thereof) shall not qualify as an ISO, then, to the extent of such non-qualification, such Option (or portion thereof) shall
be regarded as a NSO granted under the Plan. However, nothing herein or in section 6.1(d) of the Plan shall be construed to require
the Option to remain outstanding beyond the time of expiry specified above or in sections 3 and 4 of the Plan. If the Option is designated
as an ISO, and if the Optionee sells or otherwise disposes of any of the Common Shares acquired pursuant to the ISO on or before the later
of (i) the date two (2) years after the Grant Date, or (ii) the date one (1) year after the date of exercise, the
Optionee shall immediately notify the Company in writing of such disposition in order to enable the Company to satisfy informational reporting
requirements to the IRS.

 

    

    - 15 -

    

 

Where
the Optionee is resident in or otherwise subject to the securities laws of the United States, the Optionee acknowledges that any
Option Shares received by him/her upon exercise of the Option have not been registered under the United States Securities Act of 1933,
as amended, or the Blue Sky laws of any state (collectively, the “Securities Acts”). The Optionee acknowledges and
understands that the Company is under no obligation to register, under the Securities Acts, the Option Shares received by him/her or to
assist him/her in complying with any exemption from such registration if he/she should at a later date wish to dispose of the Option Shares.
The Optionee acknowledges that the Option Shares shall bear a legend restricting the transferability thereof, such legend to be substantially
in the following form:

 

“The shares represented
by this certificate have not been registered or qualified under the United States Securities Act of 1933, as amended, or state securities
laws. The shares may not be offered for sale, sold, pledged or otherwise disposed of unless so registered or qualified, unless an exemption
exists or unless such disposition is not subject to U.S. federal or state securities laws, and the Company may require that the availability
of any exemption or the inapplicability of such securities laws be established by an opinion of counsel, which opinion of counsel shall
be reasonably satisfactory to the Company.”

 

By signing this Option Agreement, the Optionee
acknowledges that the Optionee has read and understands the Plan and agrees to the terms and conditions of the Plan and this Option Agreement.

 

Acknowledgement – Personal Information

 

The undersigned hereby acknowledges and consents
to:

 

		(a)	the disclosure to the Exchange and all other regulatory authorities of all personal information of the
undersigned obtained by the Company; and

 

		(b)	the collection, use and disclosure of such personal information by the Exchange and all other regulatory
authorities in accordance with their requirements, including the provision to third party service providers, from time to time.

 

IN WITNESS WHEREOF the parties hereto have
executed this Option Agreement as of the ● day of ●, 20●.

 

	 	 	
    AUSTIN GOLD CORP. 

	Signature	 	
	 	 	Per:
		 	Authorized Signatory
	Print Name	 	 
	 	 	 
	 	 	 
	AddressExhibit 10.2

 

Exploration and
Option to Enter

Joint Venture
Agreement

Kelly Creek Project

 

This
Exploration and Option to Enter Joint Venture Agreement Kelly Creek Project (“Agreement”) is made effective as of July 7,
2020 (the “Effective Date”), by and among Pediment Gold LLC, a Nevada limited liability company (“Pediment”),
and Austin Gold Corp., a British Columbia Corporation (“Austin BC” or "AGC"), and its wholly-owned subsidiary Austin
American Corporation, a Nevada corporation (“Austin NV”).

 

Recitals

 

A.    Pediment
leases and owns certain unpatented mining claims and fee lands which are located in Humboldt County, Nevada, and which are more particularly
described in Exhibit A attached to and by this reference incorporated in this Agreement.

 

B.     Nevada
Exploration Inc. (Pediment's parent company) and Austin BC are parties to the Letter Agreement dated May 29, 2020 (the “Letter
Agreement”) and First Amendment to Letter of Intent dated June 24, 2020 pursuant to which the parties agreed to enter into an agreement
to allow Austin NV’s exploration for and development of minerals on the properties described in Exhibit A.

 

C.    Pursuant
to the Letter Agreement the parties agreed to negotiate and execute a definitive agreement and this Agreement shall constitute the parties’
Definitive Agreement which supersedes the Letter Agreement.

 

Now,
therefore, in consideration of their covenants and promises in this Agreement, the parties agree:

 

1.       Definitions.
The following defined terms, wherever used in this Agreement, shall have the meanings described below:

 

1.1       “Area
of Interest” means the lands described in Exhibit A and as depicted in the map which is part of Exhibit A. specifically coloured
in light blue and labelled “Pediment Gold LLC Claims”, medium blue and labelled “Leased Claims (Genesis)” and
dark blue and labelled “Leased Private (Tomera)”. This Agreement shall apply to all interests and rights which the parties
acquire in the Area of Interest and to any unpatented mining claims located by the parties in the Area of Interest to the extent any
portion of any such interest or unpatented mining claim is within the Area of Interest, including any fractions or gaps among the unpatented
mining claims described in Exhibit A. This Agreement shall also apply to any fee lands or interests in fee lands and unpatented mining
claims in the Area of Interest which the parties acquire from third parties.

 

1.2
       “Pediment” means Pediment Gold LLC, a Nevada corporation, and its successors and assigns.

 

1.3       “Feasibility
Study” means a comprehensive technical and economic study of the selected development option for a mineral project that includes
appropriately detailed assessments of applicable Modifying Factors together with any other relevant operational factors and detailed
financial analysis that are necessary to demonstrate, at the time of reporting, that extraction is reasonably justified (economically
mineable). The results of the study may reasonably serve as the basis for a final decision by a proponent or financial institution to
proceed with, or finance, the development of the project. The confidence level of the study will be higher than that of a Pre-Feasibility
Study. The term proponent captures issuers who may finance a project without using traditional financial institutions. In these cases,
the technical and economic confidence of the Feasibility Study is equivalent to that required by a financial institution.

 

    1

     

    

 

1.4
     “Modifying Factors” are considerations used to convert Mineral Resources
to Mineral Reserves. These include, but are not restricted to, mining, processing, metallurgical, infrastructure, economic, marketing,
legal, environmental, social and governmental factors.

 

1.5       “Earn-In
Obligation” means collectively the expenditure and other performance obligations of Austin NV described in Sections 6 and 7.

 

1.6       “Expenditures”
means all costs incurred on or for the benefit of the Property for Exploration and Development Work pursuant to this Agreement, including
but not limited to: (a) salaries and wages for Austin NV’s consultants and employees employed directly on or for the benefit of
the Property and their out-of-pocket costs incurred for work performed on the Property, but not including salaries or wages of the head
or home office employees of Austin NV or its parent corporation; (b) costs and expenses of equipment, machinery, materials and supplies;
(c) payments to contractors for work performed on or for the benefit of the Property; (d) costs of sampling, assays, metallurgical testing
and analyses and other costs incurred to determine the quantity and quality of minerals on the Property; (e) costs incurred to apply
for and obtain approvals, consents, licenses, permits and rights-of-way and other similar rights in connection with activities on the
Property; (f) costs and expenses of performance of annual assessment work and the filing and recording of proof of performance of annual
assessment work, if required to be performed; (g) costs and expenses of payment of federal annual mining claim maintenance fees and the
filing and recording of proof of payment of federal annual mining claim maintenance fees; (h) all taxes and assessments levied against
the Property; and (i) costs incurred to acquire additional interests, rights and unpatented mining claims subject to this Agreement.
Expenditures shall not include Austin NV’s payments of rentals, bonuses, minimum advance royalties, and other payments pursuant
to the Underlying Agreements, including, any payments to the parties to the Underlying Agreements to reduce or purchase the mineral production
royalties payable under the Underlying Agreements.

 

1.7       “Exploration
and Development Work” means all activities directed toward ascertaining the existence, location, quantity, quality, or commercial
value of deposits of minerals on the Property.

 

1.8       “Austin
NV” means Austin American Corporation, a Nevada corporation, and its successors and assigns.

 

1.9
      “Pre-feasibility Study” means a comprehensive study of a range of options
for the technical and economic viability of a mineral project that has advanced to a stage where a preferred mining method, in the case
of underground mining, or the pit configuration, in the case of an open pit, is established and an effective method of mineral processing
is determined. It includes a financial analysis based on reasonable assumptions on the Modifying Factors and the evaluation of any other
relevant factors which are sufficient for a Qualified Person, acting reasonably, to determine if all or part of the Mineral Resource
may be converted to a Mineral Reserve at the time of reporting. A Pre-Feasibility Study is at a lower confidence level than a Feasibility
Study. To qualify as a pre-feasibility study for the purposes of this agreement, it must be demonstrated that a minimum of 500,000 ounces
of gold may be converted from a Mineral Resource to a Mineral Reserve at the time of reporting.

 

    2

     

    

 

1.10
       “Qualified Person” has the meaning as defined in CIM Definition Standards for
Mineral Resources & Mineral Reserves Prepared by the CIM Standing Committee on Reserve Definitions Adopted by CIM Council May 19,
2014, as amended or revised from time to time. (link to CIM Definition Standards: https://mrmr.cim.org/media/1128/cim-definition-standards_2014.pdf)

 

1.11
       “Mineral Resource” has the meaning as defined in CIM Definition Standards for
Mineral Resources & Mineral Reserves Prepared by the CIM Standing Committee on Reserve Definitions Adopted by CIM Council May 19,
2014, as amended or revised from time to time.

 

1.12
       “Mineral Reserve” has the meaning as defined in CIM Definition Standards for
Mineral Resources & Mineral Reserves Prepared by the CIM Standing Committee on Reserve Definitions Adopted by CIM Council May 19,
2014, as amended or revised from time to time.

 

1.13
       “Property” means the fee lands, unpatented mining claims, real property, agreements
and other interests (including all appurtenances and mineral rights) described in Exhibit A, or on any exhibit or schedule which is part
of Exhibit A, including all interests acquired under any Underlying Agreement (except as otherwise provided in this Agreement), and all
other easements, leases licenses, mineral interests, mineral royalty interests, rights-of-way, surface use rights and interests in real
property which are acquired and held subject to this Agreement, including any of the same acquired in the Area of Interest. If Pediment
or Austin NV locates any unpatented mining claims or acquires any interests or rights in the Area of Interest, the interests, rights
and unpatented mining claims shall be acquired for the benefit of the parties and shall be held and owned subject to the terms of this
Agreement. The locating or acquiring party shall be reimbursed its cost by the Joint Venture or, if Austin NV is earning-in its interest,
then Austin NV shall pay for the acquisition and the amount will be considered an Expenditure. The parties shall execute an amendment
of this Agreement and the memorandum of this Agreement to include the interests, rights and unpatented mining claims.

 

1.14       “Underlying
Agreement” means singly each of and “Underlying Agreements” means collectively the agreements, conveyances and instruments
of mining claims, mineral rights or other property interests and rights described in Exhibit A and those entered into or acquired by
the parties in accordance with or subject to the terms of this Agreement.

 

2.       Pediment’s
Representations and Warranties. Pediment makes the following covenants, representations and warranties all of which shall survive
termination of this Agreement and Austin NV’s exercise of its option to enter the Mining Venture Agreement in accordance with Section
8:

 

2.1       Pediment
has made and will make available to Austin NV the information concerning title to the Property in Pediment’s possession or control.

 

2.2       With
respect to the unpatented mining claims included in the Property which were located by Pediment itself, except as provided in Exhibit
A and subject to the paramount title of the United States, Pediment represents as follows: (a) to Pediment’s knowledge the unpatented
mining claims were properly laid out and monumented; (b) location notices and certificates were properly recorded and filed with appropriate
governmental agencies; (c) all affidavits of annual assessment work, notices of intent and other filings required to maintain the claims
in good standing have been properly and timely recorded or filed with appropriate governmental agencies; (d) the claims are free and
clear of defects, liens and encumbrances arising by, through or under Pediment; (e) the Federal annual mining claim maintenance fees
necessary to maintain the unpatented mining claims until September 1, 2020, have been paid timely to the Bureau of Land Management; and
(f) all notices of intent, fees and filings required by the laws of the State of Nevada have been timely and properly paid or made to
hold the unpatented mining claims through September 1, 2020. Nothing in this Section 2.2, however, shall be deemed to be a representation
or a warranty that any of the unpatented mining claims contains a discovery of minerals.

 

    3

     

    

 

2.3       Except
as described in Exhibit A, Pediment represents that with respect to the Property there are no pending or, to its knowledge, threatened
actions, administrative investigations, suits, claims or proceedings, and that there are no conditions on the Property which are or could
be the grounds for assertion by a regulatory agency of noncompliance under applicable federal, state and local laws, regulations and
ordinances.

 

2.4       Pediment
has made available for inspection by Austin NV all geologic, engineering and other data in its possession pertaining to the Property.
Pediment makes no representation concerning such information or with respect to the nature, quality, extent or any other characteristic
of the mineral resources, if any, located on the Property.

 

2.5       Pediment
represents and warrants that it is a limited liability company duly organized and in good standing in the State of Nevada and that it
is qualified to do business and is in good standing in the jurisdictions where necessary in order to carry out the purposes of this Agreement.

 

2.6       Pediment
represents and warrants: (a) it has the capacity to enter into and to perform this Agreement and all corporate and other actions required
to authorize Pediment to enter into and perform this Agreement have been properly taken; (b) that Pediment will not breach any other
agreement or arrangement by entering into or performing this Agreement; and (c) that Pediment has properly executed this Agreement and
that this Agreement is Pediment’s valid and binding legal obligation enforceable in accordance with its terms.

 

2.7       Pediment
represents and warrants that it is not on the Specially Designated National & Blocked Persons List of the Office of Foreign Assets
Control of the United States Treasury Department and is not otherwise blocked or banned by any foreign assets office rule or any other
law or regulation, including the USA Patriot Act or Executive Order 13224.

 

3.       Austin
NV’s Representations and Warranties.

 

3.1       Austin
BC represents and warrants that it is a British Columbia corporation, and Austin NV represents and warrants that it is a Nevada corporation,
and each of Austin BC and Austin NV represents and warrants that is in good standing in the jurisdiction of its incorporation and that
it is qualified to do business and is in good standing in the jurisdictions where necessary in order to carry out the purposes of this
Agreement.

 

3.2       Austin
NV represents and warrants: (a) it has the capacity to enter into and to perform this Agreement and all actions required to authorize
Austin NV to enter into and perform this Agreement have been properly taken; (b) that Austin NV will not breach any other agreement or
arrangement by entering into or performing this Agreement; and (c) that Austin NV has properly executed this Agreement and that this
Agreement is Austin NV’s valid and binding legal obligation enforceable in accordance with its terms.

 

    4

     

    

 

3.3       Each
of Austin BC and Austin NV represents and warrants that it is not on the Specially Designated National & Blocked Persons List of
the Office of Foreign Assets Control of the United States Treasury Department and is not otherwise blocked or banned by any foreign assets
office rule or any other law or regulation, including the USA Patriot Act or Executive Order 13224.

 

4.       Grant
of Exploration Right and Possession. Pediment gives and grants to Austin NV during the term of this Agreement the right to prospect
and explore for and develop minerals on the Property, subject to the terms of this Agreement, to the extent Pediment has the authority
to grant such right under applicable federal and state laws and regulations and the terms of the Underlying Agreements. The foregoing
grant from Pediment to Austin NV shall be exclusive to the extent Pediment has the contractual or legal authority to grant an exclusive
right. To the extent that Pediment has surface, access and water rights relating to the Property and to the extent permitted by law,
Pediment grants to Austin NV the right to exercise such rights. Subject to the terms of this Agreement and during the term of this Agreement
Austin NV shall have the exclusive right to enter at any and all times upon the Property to undertake any and all types of mineral exploration
and development work.

 

5.       Term.
The term of this Agreement shall begin on the Effective Date and shall continue to and including June 1, 2024, and, if Austin NV
completes its initial Earn-In Obligation, thereafter until the parties execute and deliver the Operating Agreement described in Section
8, unless this Agreement is otherwise terminated or extended as provided in this Agreement.

 

6.       Austin
NV’s Initial Earn-In Obligation.

 

6.1       Subject
to Austin NV’s right (a) to accelerate performance of its Earn-In Obligation under this Agreement; (b) to terminate this Agreement
as provided in Section 14; and (c) to extend the time for performance of its obligations as provided in Section 16, Austin NV agrees
to incur Expenditures on or before the dates described in the following schedule (collectively the “Earn-In Obligation”).

 

	 	 	Minimum	 	 	Cumulative	 
	Performance
    Date	 	Annual
    Amount	 	 	Amount	 
	September 1, 2021	 	$	1,000,000	 	 	$	1,000,000	 
	June 1, 2022	 	$	1,000,000	 	 	$	2,000,000	 
	June 1, 2023	 	$	1,500,000	 	 	$	3,500,000	 
	June 1, 2024	 	$	1,500,000	 	 	$	5,000,000	 

 

Austin
NV’s obligation for Expenditures on or before September 1, 2021, is a firm and unconditional commitment, and includes as a firm
and unconditional commitment Austin NV’s obligation to pay the Federal annual mining claim maintenance fees for the unpatented
mining claims which comprise the Property for the annual assessment year from September 1, 2020, to September 1, 2021, which are due
on September 1, 2020, to record the notices of intent to hold and to pay the fees required under Nevada law for the recording of the
notices of intent to hold, and to pay all payments and to perform all obligations under the Underlying Agreements which accrue or otherwise
become due under the Underlying Agreements on or before September 1, 2021. Austin NV shall perform the foregoing obligations each year
so long as this Agreement is effective. Until Austin NV completes the Earn-In Obligation, or the Additional Earn-In Obligation as described
in Section 8.4, if applicable, Austin NV will fund and pay all costs and expenses incurred for Exploration and Development Work and all
other costs and expensed incurred by Austin NV in respect of this Agreement. If Austin NV does not complete Expenditures in the amount
of One Million Dollars ($1,000,000.00) on or before September 1, 2021, then on or before October 1, 2021, Austin NV shall pay to Pediment
the amount equal to the sum of One Million Dollars ($1,000,000.00) less the amount of Austin NV’s actual Expenditures incurred
on or before September 1, 2021.

 

    5

     

    

 

If
Austin NV terminates this Agreement before completing its Earn-In Obligation or if Austin NV does not complete its Earn-In Obligation
on or before June 1, 2024, Austin NV shall have no right, title or interest in the Property.

 

Expenditures
incurred by Austin NV during any period in excess of those prescribed for the period shall be credited in Austin NV’s favor against
subsequent Expenditure obligations. If on or before June 1, 2022, June 1, 2023, and June 1, 2024, Austin NV does not incur the yearly
Expenditures in the required amount on or before such dates, Austin NV shall have the option and right, exercisable in Austin NV’s
sole and exclusive discretion, to elect to pay to Pediment in cash an amount equal to the difference between the Expenditures actually
incurred and the amount described above for the period (the “Differential Payment”). In such case, Austin NV shall be deemed
to have incurred the Expenditures for the period for which Austin NV timely pays the Differential Payment. Austin NV quarterly shall
provide to Pediment a description of the Expenditures made by Austin NV, and Pediment shall have the right to audit and inspect Austin
NV’s records relating to such Expenditures. Austin NV shall have the option and right (the “Share Payment Option”),
exercisable in Austin NV’s sole and exclusive discretion in respect of the Expenditure, to elect to pay the Differential Payment
in the form of shares of the duly issued, fully paid, duly registered shares of the common stock of Austin BC, but only if such shares
are listed for trading on the Toronto Stock Exchange, the TSX Venture Exchange, Canadian Stock Exchange, the OTCQB, or another internationally
recognized stock exchange. Austin NV may exercise the Share Payment Option for only one yearly Expenditure obligation.

 

6.2       Subject
to Pediment’s right to advise Austin NV and to comment on Austin NV’s plans for operations on the Property, Austin NV shall
have sole discretion to determine the location, conduct, direction and other aspects of Austin NV’s Earn-In Obligation.

 

6.3       Austin
NV shall conduct all activities under this Agreement and on the Property in conformance with all applicable laws, regulations and ordinances
of the United States, the State of Nevada and legal subdivisions of the State of Nevada.

 

7.       Share
Payment Option Shares. Austin NV’s payment of the Differential Payment pursuant to Section 6.1 shall be subject to the terms
of this Section 7. The Payment Shares shall be subject to the requirements of all applicable Canadian, United States, provincial and
state laws and regulations and the rules of each exchange or trading association on which the Payment Shares are listed for trading or
are traded. Pediment acknowledges that the Payment Shares have not been registered under any United States or state securities laws,
and that the Payment Shares may not be offered or sold in the United States unless subsequently registered under applicable United States
and state securities laws or unless exemptions from registration requirements are available for the transaction, as established to the
satisfaction of Austin BC, by opinion of counsel or otherwise. Pediment understands and acknowledges that Austin BC is not obligated
to file and has no present intention of filing with the United States Securities and Exchange Commission or any state securities administrator
any registration statement in respect of resales of the Payment Shares in the United States.

 

    6

     

    

 

8.       Austin
NV’s Option to Enter Mining Joint Venture. In consideration of Austin NV’s performance of its initial Earn-In Obligation,
Pediment grants to Austin NV, and Austin NV shall have, the option and right, exercisable in Austin NV’s sole and exclusive discretion,
to earn and vest an undivided fifty-one percent (51%) interest in the Property and to form a joint venture (the “Joint Venture”)
for the management and ownership of the Property. When Austin NV has completed its initial Earn-In Obligation by completion of the Expenditures
in the amount of Five Million Dollars ($5,000,000.00), Austin NV shall be deemed to have exercised its right to enter into the Joint
Venture with Pediment on the Property, unless Austin NV informs Pediment that Austin NV has elected to not exercise its option and right
to enter into the Joint Venture. Austin NV shall deliver notice to Pediment of Austin NV’s completion of its Earn-In Obligation
within thirty (30) days after such completion. At any time during the term of this Agreement, Austin NV shall have the right to accelerate
performance of its Earn-In Obligation.

 

On
Austin NV’s performance of its Earn-In Obligation, Pediment and Austin NV will execute and deliver to each other a definitive mining
venture agreement based on the Rocky Mountain Mineral Law Foundation Exploration, Development and Mining LLC Model Form 5A LLC Operating
Agreement (“Operating Agreement”), which shall incorporate the following terms and conditions:

 

8.1       Pediment’s
initial participating interest shall be forty-nine percent (49%) and Austin NV’s initial participating interest shall be fifty-one
percent (51%).

 

8.2       Austin
NV’s initial contribution shall be Five Million Dollars ($5,000,000.00). Pediment’s initial contribution shall be Four Million
Eight Hundred Three Thousand Nine Hundred Twenty-one Dollars ($4,803,921.00).

 

8.3       Subject
to Sections 8.4 and 8.5, after Austin NV has completed its Earn-In Obligation, the parties shall contribute to future Expenditures in
accordance with their respective participating interests as prescribed in the Operating Agreement. If a party does not contribute to
future Expenditures in accordance with its respective participating interest, such party’s interest shall be adjusted not less
than once annually such that its participating interest shall be in the proportion that the sum of its initial contribution (as determined
in accordance with Sections 8.2, 8.4, and 8.5) and its additional contributions bears to the sum of both parties’ initial contributions
and additional contributions.

 

8.4       Austin
NV shall have the option and right to elect to increase its participating interest by an additional nineteen percent (19%) to a total
of seventy percent (70%) by incurring and paying additional yearly Expenditures in the amount of One Million Five Hundred Thousand Dollars
on or before each of June 1, 2025, June 1, 2026, and June 1, 2027, and by completing and delivering to Pediment and bearing the costs
to prepare a Pre-feasibility Study for the Property (the “Additional Earn-In Obligation”). Austin NV must exercise the option
within six (6) months after the date it completes its initial Earn-In Obligation. Austin NV must deliver written notice of its election
to Pediment. If Austin NV does not timely exercise the option and deliver notice to Pediment, Austin NV shall be deemed to have irrevocably
waived the option. If Austin NV elects to increase its participating interest in the Joint Venture to seventy percent (70%), the following
provisions shall apply:

 

8.4.1       Austin
NV must complete the Additional Earn-In on or before June 1, 2028. If Austin NV completes its Additional Earn-In, Pediment shall grant
to Austin NV an additional nineteen percent (19%) participating interest to increase Austin NV’s total participating interest to
seventy percent (70%). In such case, for purposes of calculating dilution, Austin NV’s contribution shall be the sum of Five Million
Dollars ($5,000,000.00) plus the cost of completion of the Additional Earn-In. In such case, Pediment’s contribution shall be deemed
to be the amount of Austin NV’s contribution multiplied by 30/70.

 

    7

     

    

 

8.4.2       If
Austin NV does not complete the Additional Earn-In on or before June 1, 2028, Austin NV’s right to increase its participating interest
shall terminate and its participating interest shall remain fifty-one percent (51%) and Pediment’s participating interest shall
remain forty-nine percent (49%). In such case, for purposes of calculating dilution, Austin NV’s initial contribution shall be
the sum of Five Million Dollars ($5,000,000.00) plus the cost incurred by Austin NV in its attempt to perform its Additional Earn-In
and Pediment’s initial contribution shall be deemed to be the amount of Austin NV’s initial contribution multiplied by 49/51.

 

8.5
When Austin NV has earned a 51% interest, the Joint Venture shall be deemed to be effective, and after such date each party will
be responsible for its proportionate share of Joint Venture expenditures, except that if Austin NV elects to increase its interest to
70%, Austin NV shall fund and pay all Joint Venture expenditures until Austin NV completes the Additional Earn-In Obligation or Austin
NV does not timely complete the Additional Earn-In Obligation and its interest is fixed at 51%. If either party chooses not to participate
at the level of its interest in the joint venture (51%-49% or 70%-30%, as applicable), its interest will be diluted through the standard
dilution formula found in Form 5A LLC.

 

If
Austin NV does not elect to increase its participating interest by an additional nineteen percent (19%) to a total of seventy percent
(70%), on or before six (6) months after the effective date of formation of the Joint Venture, Austin NV shall present a program and
budget for Exploration and Development Work for the first twelve (12) months following the effective date of formation of the Joint Venture
in an amount not less than Five Hundred Thousand Dollars ($500,000.00), plus the amount necessary to maintain the status and title of
the Property, unless the parties otherwise agree to a budget in a lesser amount. At least two (2) months before the end of the initial
twelve-month period and each subsequent twelve-month period, Austin NV shall present an equivalent program and budget, unless the parties
otherwise agree to a budget in a lesser amount. If for any period the parties agree to a program and budget in a lesser amount, such
program and budget must be in an amount not less than is necessary to pay all costs to maintain the status and title of the Property.

 

If
following formation of the Joint Venture Austin NV fails to present programs and budgets compliant with the terms of this Section, Pediment
shall have the right and option, exercisable in its sole and exclusive discretion, to elect to become the operator in place of Austin
NV. In such event, Pediment may prepare and present subsequent programs and budgets which the Joint Venture shall be deemed to have approved
notwithstanding that Pediment’s Joint Venture interest is less than Austin NV’s Joint Venture interest. If Pediment’s
Joint Venture interest is less than Austin NV’s Joint Venture interest when Pediment exercises the option and prepares a program
and budget, Pediment shall fund the portion of the program and budget Expenditures necessary to increase Pediment’s cumulative
contributions in such amount that the parties’ respective cumulative contributions to the Joint Venture are 49% for Austin NV and
51% for Pediment. Thereafter, the parties shall contribute to and fund future Expenditures in accordance with their respective participating
interests as prescribed in the Operating Agreement, subject to dilution as provided in Section 8.3.

 

    8

     

    

 

If
Pediment fails to present programs and budgets compliant with the terms of this Section, Austin NV shall have the right and option, exercisable
in its sole and exclusive discretion, to elect to become the operator in place of Pediment. In such event, Austin NV may prepare and
present subsequent programs and budgets which the Joint Venture shall be deemed to have approved notwithstanding that Austin NV’s
Joint Venture interest is less than Pediment’s Joint Venture interest. If Austin NV’s Joint Venture interest is less than
Pediment’s Joint Venture interest when Austin NV exercises the option and prepares a program and budget, Austin NV shall fund the
portion of the program and budget Expenditures necessary to increase Austin NV’s cumulative contributions in such amount that the
parties’ respective cumulative contributions to the Joint Venture are 49% for Pediment and 51% for Austin NV. Thereafter, the parties
shall contribute to and fund future Expenditures in accordance with their respective participating interests as prescribed in the Operating
Agreement, subject to dilution as provided in Section 8.3.

 

At
Pediment’s election, which must be made within 120 days of the approval by the joint venture of a Feasibility Study, Austin will
be obligated to provide Pediment’s portion of any debt financing or arrange for third party financing of Pediment’s portion
of any debt financing required to construct a mine on the project described in the Feasibility Study in consideration for the transfer
by Pediment to Austin of a 5-per-cent interest in the joint venture.

 

If
Austin NV increases its interest in the Joint Venture in accordance with this Section, for purposes of calculating dilution, Austin NV’s
Contribution to the Joint Venture shall be the sum of its initial contribution, its Additional Earn-In under Section 8.4 (if applicable)
and its actual contributions for development of the mine, together Austin NV’s Total Contribution. In such case, if Austin NV increases
its participating interest by the additional five percent (5%), Pediment’s contribution shall be deemed to be the amount equal
to Austin NV’s Total Contribution multiplied by [Pediment’s percentage interest]/[Austin NV’s percentage interest].

 

If
at any time a party's participating interest in the Joint Venture is diluted to below ten percent (10%), such diluted party shall be
deemed to have withdrawn and been converted to a non-administrative, non-executive and non-working ten percent (10%) net profits payment
interest to be calculated and paid in accordance with Exhibit B. The diluted party’s rights under the Operating Agreement shall
terminate and the diluted party shall have no right, title or interest in the Property, except for the reserved net profits payment.

 

8.6       Austin
NV shall be the initial manager of the Joint Venture and shall have control of the activities and operations of the Joint Venture. Subject
to Section 8.5, Austin NV shall have the right to act as manager until such time as its participating interest in the Joint Venture is
less than the participating interest of any other party to the Joint Venture.

 

8.7       A
Management Committee shall be established and each party shall have one (1) representative on the Management Committee. The Management
Committee shall meet periodically and not less than one (1) time annually. Each party shall be entitled to vote on matters before the
Management Committee in the proportion of its participating interest. Matters submitted to the Management Committee shall be determined
by a vote of the majority of the participating interests. One (1) time annually, the Management Committee shall establish the Plan of
Work for the following year that specifically outlines a plan of Expenditures.

 

    9

     

    

 

8.8
       Each party to the Operating Agreement shall have the right to assign its interest in the
Joint Venture to any parent or subsidiary corporation or limited liability company subject to Section 21.

 

8.9
       Title to the Property shall be transferred to the Joint Venture which shall hold title
subject to the Operating Agreement.

 

9.       Title.
On Austin NV’s request, Pediment will make available to Austin NV such abstracts of title and other title records pertaining
to the Property which Pediment may have. On Austin NV’s request, Pediment shall prepare and deliver to Austin NV a report of ownership
of the Property and the properties subject to the Underlying Agreements. Austin NV shall reimburse Pediment for the costs of preparation
of the report. Austin NV may cure as it elects any defects in the title to the patented lands and the unpatented mining claims or the
location, recordation or filing of the unpatented mining claims which comprise the Property. Pediment agrees to cooperate fully with
the curing of the deficiencies at Austin NV’s expense. Austin NV’s title curative expenses shall be qualified Expenditures.

 

Pediment
additionally agrees that Austin NV, on reasonable notice to and consultation with Pediment, may relocate or amend mining claims part
of the Property and refile or re-record any documents or instruments for any mining claim part of the Property. If required for the relocation
of any mining claim part of the Property, Pediment agrees to execute notices of abandonment of such mining claims as Austin NV reasonably
requests. This Agreement and the Operating Agreement shall apply to and include any and all amendments or relocations of the unpatented
mining claims part of the Property.

 

The
parties desire to insure that any and all interests of the parties in the lands subject to the unpatented mining claims which comprise
all or part of the Property, including any rights or interests acquired in such lands under the mining laws, as amended, repealed or
superseded, shall be part of the Property and shall be subject to this Agreement. If pursuant to any amendment of the mining laws, Pediment
is granted the right to convert its interest in the unpatented mining claims which comprise the Property to a lease, license, permit
or other right or interest, all such rights or interests shall be deemed to be part of the Property subject to this Agreement. In such
case, the parties shall execute and deliver an addendum to this Agreement, in recordable form, which provides that all such converted
rights or interests are part of the Property and are subject to this Agreement.

 

If
the United States or any third party attacks the validity of the mining claims which are part of the Property, Austin NV shall have no
obligation to defend their validity unless Austin NV is required to do so by reason of its assumption of Pediment’s obligations
under the Underlying Agreements or unless the attack is based on Austin NV’s failure to maintain the validity of such mining claims.
If Austin NV elects not to defend the validity of any of the unpatented mining claims which are part of the Property, it shall notify
Pediment and Pediment, at its election, may defend any such attack on the mining claims. If Pediment successfully defends against such
an attack on the validity of the mining claims, Pediment’s expenditures shall be considered Expenditures and Austin NV shall be
obligated to reimburse Pediment for the amount of the same. Austin NV shall not be required to defend any attack based upon any change
in law effective after the Effective Date of this Agreement.

 

10.       
Maintenance of Property. Austin NV will provide Pediment evidence of: (a) its payments under the Operating Agreements not less than
thirty (30) days before the applicable deadlines for such payments; (b) its payments of taxes and mining claim maintenance fees as required
by this Section not less than thirty (30) days before the applicable deadlines for such payments; and (c) its payments of taxes as required
by Section 12 not less than forty-five (45) days before the applicable deadlines for such payments. Austin NV shall perform the assessment
work and pay the Federal annual mining claim maintenance fees required to be paid for the unpatented mining claims part of the Property
for the assessment year ending September 1, 2021, and for every succeeding assessment year during which Austin NV continues this Agreement
to a date which is within sixty (60) days before the applicable statutory or regulatory deadline for maintenance of the unpatented mining
claims for the succeeding assessment year. Austin NV shall perform and shall provide to Pediment proof of performance of the foregoing
maintenance obligations not less than thirty (30) days before the statutory or regulatory deadline. Austin NV’s obligation to pay
the Federal annual mining claim maintenance fees due September 1, 2020 for the annual assessment year ending on September 1, 2021, is
a firm and unconditional obligation.

 

    10

     

    

 

Austin
NV shall be relieved from performance of annual assessment work or other work or payment obligations under this Section for any period
in which the assessment or other work or payment requirement is suspended, and Austin NV shall have the benefit of laws enacted which
relate to assessment work, including any laws which extend the time within which to perform assessment or other work to make payments.
For each year in which Austin NV performs assessment or other work or makes payments, it shall record and file, as required by law, an
affidavit of such assessment work or payment or other required recordings or filings.

 

Upon
Austin NV’s failure to provide timely proof of performance of its obligations under this Section, Pediment may make any such payment
on behalf of Austin NV and for the account of Austin NV, although Pediment shall be under no obligation to do so. Austin NV will reimburse
Pediment for the cost of any such payment within ten (10) days after Austin NV’s receipt of notice from Pediment that Pediment
has made such payment.

 

Until
the parties form a Joint Venture in accordance with Section 8 and, afterward, during the period of Austin NV’s performance of its
Additional Earn-In Obligation, Austin NV shall perform Pediment’s obligations under the Underlying Agreements.

 

11.    Communications
with Pediment and Inspection. Pediment and its agents, employees and representatives at any reasonable time and on advance notice
to Austin NV may enter the Property for inspection, but any such entry shall be at Pediment's own risk and Pediment shall defend, indemnify
and hold Austin NV harmless against and from any damage, loss or liability by reason of injury to Pediment or its agents, representatives
or employees while on the Property, except damage, loss or injury arising from the negligence or misconduct of Austin NV or its employees
or agents. Austin NV and Pediment shall meet at regular intervals as requested by Pediment (not more frequently than quarterly) in order
for Austin NV to report to Pediment on the status and progress of the Exploration and Development Work and Austin NV's plans for future
operations on the Property. Austin NV quarterly shall deliver to Pediment copies of all exploration and other data, including drill hole
maps, drill logs, sample maps, sample assay reports (drill hole and all other samples) and other data acquired or developed by Austin
NV during the quarter. Austin NV shall semi-annually deliver to Pediment copies of all exploration plans and progress reports concerning
Exploration and Development Work and engineering or other studies and reports developed by Austin NV or its agents and consultants concerning
the Property, provided, however, that Austin NV shall have no obligation to deliver to Pediment Austin NV’s confidential or proprietary
business, financial or investment plans or reports not directly relating to the Exploration and Development Work. Austin NV shall promptly
communicate to Pediment any extraordinary results obtained from operations upon receipt of the results and shall prepare and deliver
to Pediment reports on operations that have been conducted, but that have not previously been reported upon promptly after being requested
to do so by Pediment.

 

    11

     

    

 

12.    Payment
of Taxes. Austin NV shall pay all taxes assessed against any personal property which it may place on the Property. Austin NV may
take such action as it deems proper to obtain a reduction or refund of taxes paid or payable by it. Except as otherwise provided in this
Agreement, Pediment shall pay all other taxes assessed against the Property, including all taxes assessed or payable at the time of the
execution of this Agreement.

 

13.    Indemnification
and Insurance. 

 

13.1        Austin
NV shall defend, indemnify and save harmless Pediment against and from any damage, loss or liability by reason of injury to person or
damage to property as the result of its operations during the term of this Agreement. Austin NV’s accrued obligations under this
Section shall survive termination of this Agreement and exercise of its option to enter the Mining Venture Agreement. Austin NV shall
keep the Property free of all liens and encumbrances arising from its obligations provided, however, that Austin NV may contest the validity
of any lien on the Property, and the existence of any such lien shall not be deemed a default under this Agreement if contested by Austin
NV, unless the lien is finally adjudicated to be valid and is not discharged by Austin NV.

 

13.2
       Austin NV shall provide, maintain and keep in force comprehensive all risk, public liability
insurance against claims for personal injury, including, without limitation, bodily injury, death or property damage occurring on, in
or about the Property, such insurance to afford immediate minimum protection to a limit of not less than Two Million Dollars U.S. currency
($2,000,000.00US) with respect to personal injury or death to any one or more persons or damage to property. Austin NV shall on Pediment's
request furnish to Pediment a certificate of all policies of required insurance which shall identify Pediment as a named or additional
insured. Each policy shall contain a provision that the policy will not be cancelled or materially amended, which terms shall include
any reduction in the scope or limits of coverage, without at least fifteen (15) days' prior written notice to Pediment. If Austin NV
fails to provide, maintain, keep in force or deliver and furnish to Pediment the policies of insurance required under this Section, Pediment
may, but is not obligated to, procure such insurance or single-interest insurance for such risks covering Pediment's interest and Austin
NV shall promptly reimburse Pediment for all costs incurred by Pediment to obtain the insurance.

 

14.    Termination
by Austin NV. Austin NV may terminate this Agreement at any time after Austin NV has completed the Earn-In Obligation which Austin
NV is obligated to perform on or before September 1, 2021. If Austin NV terminates this Agreement, except by its election to enter the
Joint Venture as provided in Section 8, Austin NV shall perform the following obligations:

 

14.1       Austin
NV shall perform all accrued obligations and shall make all payments and take all other actions necessary, including payment of the Federal
annual mining claim maintenance fees which accrue or become due within sixty (60) days after Austin NV’s delivery of notice to
Pediment, and recording of the notices of intent to hold and affidavits of payment of the Federal annual mining claim maintenance fees
in accordance with Nevada law, on or before the times described in this Agreement necessary to ensure that without any action by Pediment
the Property and the Underlying Agreements shall be in good standing on the date of termination.

 

14.2       Austin
NV shall deliver to Pediment copies of any and all title, geological, metallurgical, exploration, assay and engineering reports and data
pertaining to the Property or related to operations (in paper or digital form), and splits of mineral samples, drill cuttings, and drill
cores, which have not been previously delivered to Pediment.

 

    12

     

    

 

14.3       Austin
NV shall, at Austin NV's sole expense, perform and secure the performance of all reclamation and remediation relating to Austin NV’s
operations on the Property during the term of this Agreement as required by all applicable laws and regulations.

 

14.4       Austin
NV shall remove all of its materials, supplies and equipment from the Property; provided, however, that Pediment may retain or, at Austin
NV’s cost, dispose of any such materials, supplies or equipment not removed from the Property within ninety (90) days of Austin
NV’s receipt of Pediment’s request.

 

14.5       Austin
NV shall perform all obligations of Austin NV which expressly survive the termination of this Agreement.

 

15.    Termination
by Pediment. If Austin NV defaults in any of its obligations, Pediment may give Austin NV written notice and specify the default
or defaults. If within thirty (30) days, or fifteen (15) days in the event of a payment default, Austin NV has not cured such default
or, with respect to defaults not capable of being cured in thirty (30) days, and in the case of a payment default within fifteen (15)
days, begun and diligently pursued efforts to cure such default, Pediment may terminate this Agreement by written notice to Austin NV.
If Austin NV disputes that any default has occurred, the matter shall be determined by litigation in a court of competent jurisdiction,
and if the court finds Austin NV is in default, Austin NV shall have a reasonable time (which in any case shall not be less than thirty
(30) days, and in the case of a payment default, fifteen (15) days, from receipt of notice of the judgment or order) to cure such default,
and if so cured, Pediment shall have no right to terminate this Agreement by reason of such default.

 

16.    Force
Majeure. Notwithstanding any other provision of this Agreement, the term of this Agreement shall be extended by the duration of any
event of force majeure, and the obligations of Austin NV under this Agreement, except Austin NV’s obligation to pay the costs of
maintaining the condition of and title to the Property, shall be suspended and Austin NV shall not be deemed in default or liable for
damages or other remedies while Austin NV is prevented from compliance with its obligations by force majeure. If a force majeure event
prevents Austin NV’s performance of its annual Earn-In or Additional Earn-In Obligations, the time for Austin NV’s performance
of such annual Earn-In or Additional Earn-In Obligations shall be extended by the duration of the force majeure event. The time for performance
of Austin NV’s performance of its subsequent annual Earn-In or Additional Earn-In Obligations shall be extended for the period
equal to the duration of each force majeure event. For purposes of this Agreement, force majeure shall include, but not be limited to,
acts of God, the elements, an escalation in the severity of the COVID-19 pandemic, riots, acts or failure to act on the part of federal
or state agencies or courts, inability to secure materials or to obtain access to the Property, strikes, lockouts, damage to, destruction
or unavoidable shutdown of necessary facilities, or any other matters (whether or not similar to those above mentioned) beyond Austin
NV's reasonable control; provided, however, that force majeure shall not include financial inability to perform, and provided further
that settlement of strikes or lockouts shall be entirely within the discretion of Austin NV. Austin NV shall promptly notify Pediment
of the occurrence of any force majeure event and of the cessation of the force majeure event.

 

17.    Effect
of Termination. Except as otherwise provided in this Agreement, in case of termination of this Agreement under its terms or for any
cause other than as a consequence of Austin NV and Pediment’s execution of the Mining Venture Agreement, Austin NV shall have no
further liability or obligation, except for those which have accrued at the date of termination, those specified in Section 13 concerning
indemnification, and those described in Section 14.

 

    13

     

    

 

18.       Change
in Ownership of Property. Changes in the ownership of the Property occurring after execution of this Agreement shall not be binding
upon Austin NV until it receives written notice of such change, together with a copy of the recorded document which reflects such change.
No change or division in the ownership of the Property shall operate to enlarge the obligations or diminish the rights of Austin NV under
this Agreement.

 

19.       Notice.
Any notices required or authorized to be given by this Agreement shall be in written form. Any notices required or authorized to
be given by this Agreement may be sent by registered or certified delivery, postage prepaid and return receipt requested, addressed to
the proper party at the following address or such address as the party shall have designated to the other parties in accordance with
this Section. Any notice required or authorized to be delivered by this Agreement shall be deemed to have been sufficiently delivered
or served in written form if: (a) mailed in accordance with this Section; (b) personally delivered to the proper party; or (c) delivered
by telex, telegraph, facsimile or other electronic transmission and actually received by such party. Delivery of notice shall be effective
on the first business day after the party deposits the notice for mailing or delivers the notice by the other means authorized in this
Section, as applicable.

 

	If to Pediment:	 	Pediment Gold LLC
	 	 	James@nevadaexploration.com
	 	 	 
	If
    to Austin BC:	 	Austin Gold Corp.
	 	 	dennis@senategroup.com
	 	 	 
	If
    to Austin NV:	 	Austin American Corporation
	 	 	dennis@senategroup.com

 

20.    Memorandum
of Agreement. Concurrently on execution of this Agreement, Pediment and Austin NV will execute a memorandum of agreement, in a form
reasonably acceptable to both parties, covering the Property for purposes of recording.

 

21.    Assignment.
Subject to the provisions of this Section, either Pediment or Austin NV may assign its rights under this Agreement or its subsequent
participating interest in the Joint Venture to an affiliate or subsidiary controlled or owned by Pediment or Austin NV (or their parent
corporations), as applicable, or the parent corporation of Pediment or Austin NV, as applicable, in whole or in part, and this Agreement
shall be binding upon and enure to the benefit of the parties, and their successors and assigns. If a party intends to transfer to a
third party all or any part of its interest in the Property or this Agreement, it may do so only in accordance with this Section.

 

If
a party whose participating interest is less than fifty percent (50%) (“Transferor”) decides to offer to sell its interest
in the Property or under this Agreement or intends to transfer to a third party all or any part of its interest in the Property or in
or under this Agreement on the terms Transferor determines is acceptable, Transferor shall promptly notify the other party (the “Offeree”)
of such party’s intentions. Offeree shall have thirty (30) days from the date it receives such notice to deliver to Transferor
an offer to acquire Transferor’s interest. If Offeree fails to deliver an offer within the period provided for in this Section,
Transferor may sell or otherwise transfer the offered interest to a third party on any terms Transferor determines. If Offeree delivers
an offer to Transferor, Transferor may, but is not obligated to, accept the offer or Transferor may transfer the offered interest to
any third party on terms more favorable than those described in Offeree’s offer to Transferor. Transferor may propose to transfer
all or any part of its interest in the Property or in or under this Agreement only in accordance with an agreement which provides that
such interest is the sole interest proposed to be transferred. Transferor may not attempt to transfer any such interest as part of a
group or package of interests in other agreements or properties.

 

    14

     

    

 

22.
   Guarantee. Austin BC is a party to this agreement only to guarantee the performance of its subsidiary Austin NV’s
obligation for Expenditures on or before September 1, 2021, which represents a firm and unconditional commitment as described in Section
6.1. This guarantee is absolute, irrevocable, primary and unconditional, irrespective of any circumstances which might otherwise constitute
a legal or equitable discharge or defense of or by Austin BC.

 

23.
    Currency. Except as otherwise provided in this Agreement, dollar amounts are expressed in lawful currency of Canada.

 

24.
    Relationship of the Parties. Nothing contained in this Agreement shall be deemed to constitute either party
the partner of the other, nor, except as otherwise expressly provided, to constitute either party the agent or legal representative of
the other, nor to create any fiduciary relationship between them. It is not the intention of the parties to create, nor shall this Agreement
be construed to create, any mining, commercial or other partnership. Neither party shall have any authority to act for or to assume any
obligation or responsibility on behalf of the other party, except as otherwise expressly provided. It is the express purpose and intention
of the parties that their ownership of the Property and the rights acquired shall be as tenants in common.

25.    Confidentiality.
Subject to the provisions of this Section, the existence and terms of this Agreement and all information obtained in connection with
the performance of this Agreement shall be the exclusive property of the parties and shall not be disclosed by a party to any third party
or to the public without the prior written consent of the other party. If a party is required under applicable laws or regulations or
the rules of any stock exchange or stock listing association applicable to such party as measured by the standards of materiality applicable
to such party to disclose the existence of this Agreement or any information obtained in connection with the performance of this Agreement,
such party shall notify the other party of the disclosure.

 

26.    Governing
Law and Dispute Resolution. This Agreement, and the performance of the parties, shall be governed by the laws of the State of Nevada.
The parties agree and submit to jurisdiction and venue of any action concerning construction of this Agreement or enforcement of any
of the rights and obligations of the parties under this Agreement in the Second Judicial District Court, Washoe County, Reno, Nevada.

 

27.
   Binding Effect of Obligations. This Agreement shall be binding upon and inure to the benefit of the respective
parties and their successors or assigns.

 

28.
   Entire Agreement. The parties agree that the entire agreement between them is written in this Agreement
and in a memorandum of agreement of even date. There are no terms or conditions, express or implied, other than expressly stated in this
Agreement. This Agreement may be amended or modified only by a written instrument signed by the parties with the same formality as this
Agreement.

 

    15

     

    

 

29.
   Multiple Counterparts. This Agreement may be executed in any number of counterparts, each of which shall
be deemed to be an original, but all of which shall constitute the same Agreement. A facsimile, photocopy or scanned copy of this Agreement
as executed by one or both parties shall be duly executed and binding upon the signing parties, and shall be deemed to be delivered upon
delivery by facsimile, e-mail, courier, mail or personal delivery.

 

30.    Severability.
If any part, term or provision of this Agreement is held by a court of competent jurisdiction to be illegal or in conflict with any
governmental regulations, the validity of the remaining portions or provisions shall not be affected, and the rights and obligations
of the parties shall be construed and enforced as if the Agreement did not contain the particular part, term or provision held to be
invalid.

 

Executed
effective on the Effective Date.

 

	Pediment Gold LLC
	 
	By	/s/ Wade A. Hodges
	Name	Wade A Hodges
	Title	Manager
	 
	Austin American Corporation
	 
	By	/s/ Joe Ovsenek
	Name	Joe Ovsenek
	Title	Director
	 
	Austin Gold Corp.
	 
	By	/s/ Darcy Higgs
	Name	Darcy Higgs
	Title	Corporate Secretary and Director

 

 

    16

     

    

 

Exploration and
Option to Enter Joint Venture Agreement

Kelly Creek Project

Exhibit A

Description of
Property Humboldt County, Nevada

 

		A.	Unpatented Mining Claims Owned
                                            by Pediment Gold LLC.

 

See attached list
of PHP & KCB Claims.

 

		B.	Area
                                            of Interest.

 

See attached Map.

 

		C.	Underlying Agreements.

 

		(1)	Mining Lease Agreement by and between
                                            Julian Tomera Ranches, Inc., Battle Mountain Division, a Nevada corporation, and Pediment
                                            Gold LLC, a Nevada limited liability company, dated effective September 16, 2004.

 

		(2)	Net Smelter Return Royalty Agreement
                                            by and between RG Royalties, LLC, a Delaware limited liability company and wholly owned subsidiary
                                            of Royal Gold, Inc., and Pediment Gold LLC, a Nevada limited liability company, dated effective
                                            June 19, 2006.

 

		(3)	Mining Lease and Option to Purchase
                                            Agreement by and between Genesis Gold Corporation, a Utah corporation, and Pediment Gold
                                            LLC, a Nevada limited liability company (“Pediment”), and Nevada Exploration
                                            Inc., a Canadian corporation, dated October 1, 2009 – see attached list of HP claims.

 

		D.	Exceptions
                                            to Title.

 

Paramount
title of the United States.

 

For
fee lands subject to the Mining Lease Agreement, water rights purchased by the United States as part of the Rye Patch dam and reservoir
assembly. All other rights and uses returned to owner, as documented by Acquired Land Card – Plat Page No 1272.

 

		E.	Physical
                                            Conditions on the Property.

 

None
to Pediment’s knowledge.

 

Company Name: Pediment Gold LLC

 

Exhibit A - HP Claims

 

The following unpatented mining claims are generally
located in Section 2, 10, 14, 16, 22, 24, and 26, Township 35 North, Range 43 East, Mount Diablo Meridian, Humboldt County, Nevada.

 

	
    Claim Name
	
    Location Date
	
    County Recording Information

	
    BLM Filing Information
	
    County

	 	 	Doc #	Record Date	BLM Serial No. Record Date	 
	HP 1	2-Sep-06	2006-8130	27-Nov-06	NMC938721	22-Nov-06	Humboldt
	HP 2	2-Sep-06	2006-8131	27-Nov-06	NMC938722	22-Nov-06	Humboldt
	HP 3	2-Sep-06	2006-8132	27-Nov-06	NMC938723	22-Nov-06	Humboldt
	HP 4	2-Sep-06	2006-8133	27-Nov-06	NMC938724	22-Nov-06	Humboldt
	HP 5	2-Sep-06	2006-8134	27-Nov-06	NMC938725	22-Nov-06	Humboldt
	HP 6	2-Sep-06	2006-8135	27-Nov-06	NMC938726	22-Nov-06	Humboldt
	HP 7	2-Sep-06	2006-8136	27-Nov-06	NMC938727	22-Nov-06	Humboldt
	HP 8	2-Sep-06	2006-8137	27-Nov-06	NMC938728	22-Nov-06	Humboldt
	HP 10	2-Sep-06	2006-8139	27-Nov-06	NMC938730	22-Nov-06	Humboldt
	HP 19	2-Sep-06	2006-8148	27-Nov-06	NMC938739	22-Nov-06	Humboldt
	HP 20	2-Sep-06	2006-8149	27-Nov-06	NMC938740	22-Nov-06	Humboldt
	HP 21	2-Sep-06	2006-8150	27-Nov-06	NMC938741	22-Nov-06	Humboldt
	HP 22	2-Sep-06	2006-8151	27-Nov-06	NMC938742	22-Nov-06	Humboldt
	HP 23	2-Sep-06	2006-8152	27-Nov-06	NMC938743	22-Nov-06	Humboldt
	HP 24	2-Sep-06	2006-8153	27-Nov-06	NMC938744	22-Nov-06	Humboldt
	HP 25	2-Sep-06	2006-8154	27-Nov-06	NMC938745	22-Nov-06	Humboldt
	HP 26	2-Sep-06	2006-8155	27-Nov-06	NMC938746	22-Nov-06	Humboldt
	HP 27	2-Sep-06	2006-8156	27-Nov-06	NMC938747	22-Nov-06	Humboldt
	HP 28	2-Sep-06	2006-8157	27-Nov-06	NMC938748	22-Nov-06	Humboldt
	HP 29	2-Sep-06	2006-8158	27-Nov-06	NMC938749	22-Nov-06	Humboldt
	HP 30	2-Sep-06	2006-8159	27-Nov-06	NMC938750	22-Nov-06	Humboldt
	HP 31	2-Sep-06	2006-8160	27-Nov-06	NMC938751	22-Nov-06	Humboldt
	HP 32	2-Sep-06	2006-8161	27-Nov-06	NMC938752	22-Nov-06	Humboldt
	HP 34	2-Sep-06	2006-8163	27-Nov-06	NMC938754	22-Nov-06	Humboldt
	HP 36	2-Sep-06	2006-8165	27-Nov-06	NMC938756	22-Nov-06	Humboldt
	HP 38	3-Sep-06	2006-8167	27-Nov-06	NMC938758	22-Nov-06	Humboldt
	HP 39	3-Sep-06	2006-8168	27-Nov-06	NMC938759	22-Nov-06	Humboldt
	HP 40	3-Sep-06	2006-8169	27-Nov-06	NMC938760	22-Nov-06	Humboldt
	HP 41	3-Sep-06	2006-8170	27-Nov-06	NMC938761	22-Nov-06	Humboldt
	HP 42	3-Sep-06	2006-8171	27-Nov-06	NMC938762	22-Nov-06	Humboldt
	HP 43	3-Sep-06	2006-8172	27-Nov-06	NMC938763	22-Nov-06	Humboldt
	HP 44	3-Sep-06	2006-8173	27-Nov-06	NMC938764	22-Nov-06	Humboldt
	HP 45	3-Sep-06	2006-8174	27-Nov-06	NMC938765	22-Nov-06	Humboldt
	HP 46	3-Sep-06	2006-8175	27-Nov-06	NMC938766	22-Nov-06	Humboldt
	HP 47	3-Sep-06	2006-8176	27-Nov-06	NMC938767	22-Nov-06	Humboldt
	HP 48	3-Sep-06	2006-8177	27-Nov-06	NMC938768	22-Nov-06	Humboldt
	HP 49	3-Sep-06	2006-8178	27-Nov-06	NMC938769	22-Nov-06	Humboldt
	HP 50	3-Sep-06	2006-8179	27-Nov-06	NMC938770	22-Nov-06	Humboldt
	HP 51	3-Sep-06	2006-8180	27-Nov-06	NMC938771	22-Nov-06	Humboldt
	HP 52	3-Sep-06	2006-8181	27-Nov-06	NMC938772	22-Nov-06	Humboldt
	HP 53	3-Sep-06	2006-8182	27-Nov-06	NMC938773	22-Nov-06	Humboldt
	HP 54	3-Sep-06	2006-8183	27-Nov-06	NMC938774	22-Nov-06	Humboldt
	HP 55	3-Sep-06	2006-8184	27-Nov-06	NMC938775	22-Nov-06	Humboldt
	HP 56	3-Sep-06	2006-8185	27-Nov-06	NMC938776	22-Nov-06	Humboldt
	HP 57	3-Sep-06	2006-8186	27-Nov-06	NMC938777	22-Nov-06	Humboldt
	HP 58	3-Sep-06	2006-8187	27-Nov-06	NMC938778	22-Nov-06	Humboldt
	HP 73	3-Sep-06	2006-8202	27-Nov-06	NMC938793	22-Nov-06	Humboldt
	HP 74	3-Sep-06	2006-8203	27-Nov-06	NMC938794	22-Nov-06	Humboldt

 

    
	KC (Genesis) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 1 of 5

     

    

 

Company Name: Pediment Gold LLC

 

	Claim
                                   Name
	Location
                                   Date
	County
                                            Recording Information
	BLM
                                            Filing Information

    
	County

	 	 	Doc #	Record Date	BLM Serial No. Record Date	 
	HP 75	3-Sep-06	2006-8204	27-Nov-06	NMC938795	22-Nov-06	Humboldt
	HP 76	3-Sep-06	2006-8205	27-Nov-06	NMC938796	22-Nov-06	Humboldt
	HP 77	3-Sep-06	2006-8206	27-Nov-06	NMC938797	22-Nov-06	Humboldt
	HP 78	3-Sep-06	2006-8207	27-Nov-06	NMC938798	22-Nov-06	Humboldt
	HP 91	4-Sep-06	2006-8220	27-Nov-06	NMC938811	22-Nov-06	Humboldt
	HP 92	4-Sep-06	2006-8221	27-Nov-06	NMC938812	22-Nov-06	Humboldt
	HP 93	4-Sep-06	2006-8222	27-Nov-06	NMC938813	22-Nov-06	Humboldt
	HP 94	4-Sep-06	2006-8223	27-Nov-06	NMC938814	22-Nov-06	Humboldt
	HP 95	4-Sep-06	2006-8224	27-Nov-06	NMC938815	22-Nov-06	Humboldt
	HP 96	4-Sep-06	2006-8225	27-Nov-06	NMC938816	22-Nov-06	Humboldt
	HP 97	4-Sep-06	2006-8226	27-Nov-06	NMC938817	22-Nov-06	Humboldt
	HP 98	4-Sep-06	2006-8227	27-Nov-06	NMC938818	22-Nov-06	Humboldt
	HP 99	4-Sep-06	2006-8228	27-Nov-06	NMC938819	22-Nov-06	Humboldt
	HP 100	4-Sep-06	2006-8229	27-Nov-06	NMC938820	22-Nov-06	Humboldt
	HP 101	4-Sep-06	2006-8230	27-Nov-06	NMC938821	22-Nov-06	Humboldt
	HP 102	4-Sep-06	2006-8231	27-Nov-06	NMC938822	22-Nov-06	Humboldt
	HP 103	4-Sep-06	2006-8232	27-Nov-06	NMC938823	22-Nov-06	Humboldt
	HP 104	4-Sep-06	2006-8233	27-Nov-06	NMC938824	22-Nov-06	Humboldt
	HP 105	4-Sep-06	2006-8234	27-Nov-06	NMC938825	22-Nov-06	Humboldt
	HP 106	4-Sep-06	2006-8235	27-Nov-06	NMC938826	22-Nov-06	Humboldt
	HP 107	4-Sep-06	2006-8236	27-Nov-06	NMC938827	22-Nov-06	Humboldt
	HP 108	4-Sep-06	2006-8237	27-Nov-06	NMC938828	22-Nov-06	Humboldt
	HP 109	4-Sep-06	2006-8238	27-Nov-06	NMC938829	22-Nov-06	Humboldt
	HP 110	4-Sep-06	2006-8239	27-Nov-06	NMC938830	22-Nov-06	Humboldt
	HP 111	4-Sep-06	2006-8240	27-Nov-06	NMC938831	22-Nov-06	Humboldt
	HP 112	4-Sep-06	2006-8241	27-Nov-06	NMC938832	22-Nov-06	Humboldt
	HP 113	4-Sep-06	2006-8242	27-Nov-06	NMC938833	22-Nov-06	Humboldt
	HP 114	4-Sep-06	2006-8243	27-Nov-06	NMC938834	22-Nov-06	Humboldt
	HP 115	4-Sep-06	2006-8244	27-Nov-06	NMC938835	22-Nov-06	Humboldt
	HP 116	4-Sep-06	2006-8245	27-Nov-06	NMC938836	22-Nov-06	Humboldt
	HP 117	4-Sep-06	2006-8246	27-Nov-06	NMC938837	22-Nov-06	Humboldt
	HP 118	4-Sep-06	2006-8247	27-Nov-06	NMC938838	22-Nov-06	Humboldt
	HP 119	4-Sep-06	2006-8248	27-Nov-06	NMC938839	22-Nov-06	Humboldt
	HP 120	4-Sep-06	2006-8249	27-Nov-06	NMC938840	22-Nov-06	Humboldt
	HP 121	4-Sep-06	2006-8250	27-Nov-06	NMC938841	22-Nov-06	Humboldt
	HP 122	4-Sep-06	2006-8251	27-Nov-06	NMC938842	22-Nov-06	Humboldt
	HP 123	4-Sep-06	2006-8252	27-Nov-06	NMC938843	22-Nov-06	Humboldt
	HP 124	4-Sep-06	2006-8253	27-Nov-06	NMC938844	22-Nov-06	Humboldt
	HP 125	4-Sep-06	2006-8254	27-Nov-06	NMC938845	22-Nov-06	Humboldt
	HP 126	4-Sep-06	2006-8255	27-Nov-06	NMC938846	22-Nov-06	Humboldt
	HP 127	2-Sep-06	2006-8256	27-Nov-06	NMC938847	22-Nov-06	Humboldt
	HP 128	2-Sep-06	2006-8257	27-Nov-06	NMC938848	22-Nov-06	Humboldt
	HP 129	2-Sep-06	2006-8258	27-Nov-06	NMC938849	22-Nov-06	Humboldt
	HP 130	2-Sep-06	2006-8259	27-Nov-06	NMC938850	22-Nov-06	Humboldt
	HP 131	2-Sep-06	2006-8260	27-Nov-06	NMC938851	22-Nov-06	Humboldt
	HP 132	2-Sep-06	2006-8261	27-Nov-06	NMC938852	22-Nov-06	Humboldt
	HP 133	2-Sep-06	2006-8262	27-Nov-06	NMC938853	22-Nov-06	Humboldt
	HP 134	2-Sep-06	2006-8263	27-Nov-06	NMC938854	22-Nov-06	Humboldt
	HP 135	2-Sep-06	2006-8264	27-Nov-06	NMC938855	22-Nov-06	Humboldt
	HP 136	2-Sep-06	2006-8265	27-Nov-06	NMC938856	22-Nov-06	Humboldt
	HP 137	2-Sep-06	2006-8266	27-Nov-06	NMC938857	22-Nov-06	Humboldt
	HP 138	2-Sep-06	2006-8267	27-Nov-06	NMC938858	22-Nov-06	Humboldt

 

    
	KC (Genesis) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 2 of 5

     

    

 

Company Name: Pediment Gold LLC

 

	Claim
                                   Name
	Location
                                   Date
	County
                                            Recording Information
	BLM
                                            Filing Information

    
	County

	 	 	Doc #	Record Date	BLM Serial No. Record Date	 
	HP 139	2-Sep-06	2006-8268	27-Nov-06	NMC938859	22-Nov-06	Humboldt
	HP 140	2-Sep-06	2006-8269	27-Nov-06	NMC938860	22-Nov-06	Humboldt
	HP 141	2-Sep-06	2006-8270	27-Nov-06	NMC938861	22-Nov-06	Humboldt
	HP 142	2-Sep-06	2006-8271	27-Nov-06	NMC938862	22-Nov-06	Humboldt
	HP 143	2-Sep-06	2006-8272	27-Nov-06	NMC938863	22-Nov-06	Humboldt
	HP 144	2-Sep-06	2006-8273	27-Nov-06	NMC938864	22-Nov-06	Humboldt
	HP 145	2-Sep-06	2006-8274	27-Nov-06	NMC938865	22-Nov-06	Humboldt
	HP 146	2-Sep-06	2006-8275	27-Nov-06	NMC938866	22-Nov-06	Humboldt
	HP 147	2-Sep-06	2006-8276	27-Nov-06	NMC938867	22-Nov-06	Humboldt
	HP 148	2-Sep-06	2006-8277	27-Nov-06	NMC938868	22-Nov-06	Humboldt
	HP 149	2-Sep-06	2006-8278	27-Nov-06	NMC938869	22-Nov-06	Humboldt
	HP 150	2-Sep-06	2006-8279	27-Nov-06	NMC938870	22-Nov-06	Humboldt
	HP 151	2-Sep-06	2006-8280	27-Nov-06	NMC938871	22-Nov-06	Humboldt
	HP 152	2-Sep-06	2006-8281	27-Nov-06	NMC938872	22-Nov-06	Humboldt
	HP 153	2-Sep-06	2006-8282	27-Nov-06	NMC938873	22-Nov-06	Humboldt
	HP 154	2-Sep-06	2006-8283	27-Nov-06	NMC938874	22-Nov-06	Humboldt
	HP 155	2-Sep-06	2006-8284	27-Nov-06	NMC938875	22-Nov-06	Humboldt
	HP 156	2-Sep-06	2006-8285	27-Nov-06	NMC938876	22-Nov-06	Humboldt
	HP 157	2-Sep-06	2006-8286	27-Nov-06	NMC938877	22-Nov-06	Humboldt
	HP 158	2-Sep-06	2006-8287	27-Nov-06	NMC938878	22-Nov-06	Humboldt
	HP 159	2-Sep-06	2006-8288	27-Nov-06	NMC938879	22-Nov-06	Humboldt
	HP 160	2-Sep-06	2006-8289	27-Nov-06	NMC938880	22-Nov-06	Humboldt
	HP 161	2-Sep-06	2006-8290	27-Nov-06	NMC938881	22-Nov-06	Humboldt
	HP 162	2-Sep-06	2006-8291	27-Nov-06	NMC938882	22-Nov-06	Humboldt
	HP 188	2-Sep-06	2006-8306	27-Nov-06	NMC938897	22-Nov-06	Humboldt
	HP 189	2-Sep-06	2006-8307	27-Nov-06	NMC938898	22-Nov-06	Humboldt
	HP 190	2-Sep-06	2006-8308	27-Nov-06	NMC938899	22-Nov-06	Humboldt
	HP 191	2-Sep-06	2006-8309	27-Nov-06	NMC938900	22-Nov-06	Humboldt
	HP 192	2-Sep-06	2006-8310	27-Nov-06	NMC938901	22-Nov-06	Humboldt
	HP 193	2-Sep-06	2006-8311	27-Nov-06	NMC938902	22-Nov-06	Humboldt
	HP 194	2-Sep-06	2006-8312	27-Nov-06	NMC938903	22-Nov-06	Humboldt
	HP 195	2-Sep-06	2006-8313	27-Nov-06	NMC938904	22-Nov-06	Humboldt
	HP 196	2-Sep-06	2006-8314	27-Nov-06	NMC938905	22-Nov-06	Humboldt
	HP 197	2-Sep-06	2006-8315	27-Nov-06	NMC938906	22-Nov-06	Humboldt
	HP 198	2-Sep-06	2006-8316	27-Nov-06	NMC938907	22-Nov-06	Humboldt
	HP 199	2-Sep-06	2006-8317	27-Nov-06	NMC938908	22-Nov-06	Humboldt
	HP 200	2-Sep-06	2006-8318	27-Nov-06	NMC938909	22-Nov-06	Humboldt
	HP 201	2-Sep-06	2006-8319	27-Nov-06	NMC938910	22-Nov-06	Humboldt
	HP 202	2-Sep-06	2006-8320	27-Nov-06	NMC938911	22-Nov-06	Humboldt
	HP 203	2-Sep-06	2006-8321	27-Nov-06	NMC938912	22-Nov-06	Humboldt
	HP 204	2-Sep-06	2006-8322	27-Nov-06	NMC938913	22-Nov-06	Humboldt
	HP 205	2-Sep-06	2006-8323	27-Nov-06	NMC938914	22-Nov-06	Humboldt
	HP 206	2-Sep-06	2006-8324	27-Nov-06	NMC938915	22-Nov-06	Humboldt
	HP 207	2-Sep-06	2006-8325	27-Nov-06	NMC938916	22-Nov-06	Humboldt
	HP 208	2-Sep-06	2006-8326	27-Nov-06	NMC938917	22-Nov-06	Humboldt
	HP 209	2-Sep-06	2006-8327	27-Nov-06	NMC938918	22-Nov-06	Humboldt
	HP 210	2-Sep-06	2006-8328	27-Nov-06	NMC938919	22-Nov-06	Humboldt
	HP 211	2-Sep-06	2006-8329	27-Nov-06	NMC938920	22-Nov-06	Humboldt
	HP 212	2-Sep-06	2006-8330	27-Nov-06	NMC938921	22-Nov-06	Humboldt
	HP 213	2-Sep-06	2006-8331	27-Nov-06	NMC938922	22-Nov-06	Humboldt
	HP 214	2-Sep-06	2006-8332	27-Nov-06	NMC938923	22-Nov-06	Humboldt
	HP 215	2-Sep-06	2006-8333	27-Nov-06	NMC938924	22-Nov-06	Humboldt

 

    
	KC (Genesis) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 3 of 5

     

    

 

Company Name: Pediment Gold LLC

 

	Claim
                                   Name
	Location
                                   Date
	County
                                            Recording Information
	BLM
                                            Filing Information

    
	County

	 	 	Doc #	Record Date	BLM Serial No. Record Date	 
	HP 216	2-Sep-06	2006-8334	27-Nov-06	NMC938925	22-Nov-06	Humboldt
	HP 217	2-Sep-06	2006-8335	27-Nov-06	NMC938926	22-Nov-06	Humboldt
	HP 218	2-Sep-06	2006-8336	27-Nov-06	NMC938927	22-Nov-06	Humboldt
	HP 219	2-Sep-06	2006-8337	27-Nov-06	NMC938928	22-Nov-06	Humboldt
	HP 220	2-Sep-06	2006-8338	27-Nov-06	NMC938929	22-Nov-06	Humboldt
	HP 221	2-Sep-06	2006-8339	27-Nov-06	NMC938930	22-Nov-06	Humboldt
	HP 222	2-Sep-06	2006-8340	27-Nov-06	NMC938931	22-Nov-06	Humboldt
	HP 223	2-Sep-06	2006-8341	27-Nov-06	NMC938932	22-Nov-06	Humboldt
	HP 225	3-Sep-06	2006-8343	27-Nov-06	NMC938934	22-Nov-06	Humboldt
	HP 227	3-Sep-06	2006-8345	27-Nov-06	NMC938936	22-Nov-06	Humboldt
	HP 229	3-Sep-06	2006-8347	27-Nov-06	NMC938938	22-Nov-06	Humboldt
	HP 231	3-Sep-06	2006-8349	27-Nov-06	NMC938940	22-Nov-06	Humboldt
	HP 233	3-Sep-06	2006-8351	27-Nov-06	NMC938942	22-Nov-06	Humboldt
	HP 235	3-Sep-06	2006-8353	27-Nov-06	NMC938944	22-Nov-06	Humboldt
	HP 237	3-Sep-06	2006-8355	27-Nov-06	NMC938946	22-Nov-06	Humboldt
	HP 239	3-Sep-06	2006-8357	27-Nov-06	NMC938948	22-Nov-06	Humboldt
	HP 240	3-Sep-06	2006-8358	27-Nov-06	NMC938949	22-Nov-06	Humboldt
	HP 241	3-Sep-06	2006-8359	27-Nov-06	NMC938950	22-Nov-06	Humboldt
	HP 242	3-Sep-06	2006-8360	27-Nov-06	NMC938951	22-Nov-06	Humboldt
	HP 243	3-Sep-06	2006-8361	27-Nov-06	NMC938952	22-Nov-06	Humboldt
	HP 244	3-Sep-06	2006-8362	27-Nov-06	NMC938953	22-Nov-06	Humboldt
	HP 245	3-Sep-06	2006-8363	27-Nov-06	NMC938954	22-Nov-06	Humboldt
	HP 246	3-Sep-06	2006-8364	27-Nov-06	NMC938955	22-Nov-06	Humboldt
	HP 247	3-Sep-06	2006-8365	27-Nov-06	NMC938956	22-Nov-06	Humboldt
	HP 248	3-Sep-06	2006-8366	27-Nov-06	NMC938957	22-Nov-06	Humboldt
	HP 249	3-Sep-06	2006-8367	27-Nov-06	NMC938958	22-Nov-06	Humboldt
	HP 250	3-Sep-06	2006-8368	27-Nov-06	NMC938959	22-Nov-06	Humboldt
	HP 251	3-Sep-06	2006-8369	27-Nov-06	NMC938960	22-Nov-06	Humboldt
	HP 252	2-Sep-06	2006-8370	27-Nov-06	NMC938961	22-Nov-06	Humboldt
	HP 253	3-Sep-06	2006-8371	27-Nov-06	NMC938962	22-Nov-06	Humboldt
	HP 254	3-Sep-06	2006-8372	27-Nov-06	NMC938963	22-Nov-06	Humboldt
	HP 255	3-Sep-06	2006-8373	27-Nov-06	NMC938964	22-Nov-06	Humboldt
	HP 256	3-Sep-06	2006-8374	27-Nov-06	NMC938965	22-Nov-06	Humboldt
	HP 257	3-Sep-06	2006-8375	27-Nov-06	NMC938966	22-Nov-06	Humboldt
	HP 258	3-Sep-06	2006-8376	27-Nov-06	NMC938967	22-Nov-06	Humboldt
	HP 259	3-Sep-06	2006-8377	27-Nov-06	NMC938968	22-Nov-06	Humboldt
	HP 260	3-Sep-06	2006-8378	27-Nov-06	NMC938969	22-Nov-06	Humboldt
	HP 261	3-Sep-06	2006-8379	27-Nov-06	NMC938970	22-Nov-06	Humboldt
	HP 262	3-Sep-06	2006-8380	27-Nov-06	NMC938971	22-Nov-06	Humboldt
	HP 263	3-Sep-06	2006-8381	27-Nov-06	NMC938972	22-Nov-06	Humboldt
	HP 264	3-Sep-06	2006-8382	27-Nov-06	NMC938973	22-Nov-06	Humboldt
	HP 266	3-Sep-06	2006-8384	27-Nov-06	NMC938975	22-Nov-06	Humboldt
	HP 267	3-Sep-06	2006-8385	27-Nov-06	NMC938976	22-Nov-06	Humboldt
	HP 268	3-Sep-06	2006-8386	27-Nov-06	NMC938977	22-Nov-06	Humboldt
	HP 269	3-Sep-06	2006-8387	27-Nov-06	NMC938978	22-Nov-06	Humboldt
	HP 270	3-Sep-06	2006-8388	27-Nov-06	NMC938979	22-Nov-06	Humboldt
	HP 271	3-Sep-06	2006-8389	27-Nov-06	NMC938980	22-Nov-06	Humboldt
	HP 272	3-Sep-06	2006-8390	27-Nov-06	NMC938981	22-Nov-06	Humboldt
	HP 273	3-Sep-06	2006-8391	27-Nov-06	NMC938982	22-Nov-06	Humboldt
	HP 274	3-Sep-06	2006-8392	27-Nov-06	NMC938983	22-Nov-06	Humboldt
	HP 275	3-Sep-06	2006-8393	27-Nov-06	NMC938984	22-Nov-06	Humboldt
	HP 276	3-Sep-06	2006-8394	27-Nov-06	NMC938985	22-Nov-06	Humboldt

 

    
	KC (Genesis) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 4 of 5

     

    

 

Company Name: Pediment Gold LLC

 

	Claim
                                   Name
	Location
                                   Date
	County
                                            Recording Information
	BLM
                                            Filing Information

    
	County

	 	 	Doc #	Record Date	BLM Serial No. Record Date	 
	HP 277	3-Sep-06	2006-8395	27-Nov-06	NMC938986	22-Nov-06	Humboldt
	HP 278	3-Sep-06	2006-8396	27-Nov-06	NMC938987	22-Nov-06	Humboldt
	HP 279	3-Sep-06	2006-8397	27-Nov-06	NMC938988	22-Nov-06	Humboldt
	HP 280	3-Sep-06	2006-8398	27-Nov-06	NMC938989	22-Nov-06	Humboldt
	HP 281	3-Sep-06	2006-8399	27-Nov-06	NMC938990	22-Nov-06	Humboldt
	209	TOTAL

 

    
	KC (Genesis) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 5 of 5

     

    

 

Company Name: Pediment Gold LLC

 

Exhibit A - PHP &
KCB Claims

 

The following unpatented mining claims are generally
located in Sections 2, 10, 14, 16, 22, and 26, Township 34 North, Range 43 East;

Section 6, Township 34 North, Range 44 East; Sections
12, 14, 24, 25, 28, and 36, Township 35 North, Range 43 East; and Sections 18,

19, 30, and 31, Township 35 North, Range 44 East,
Mount Diablo Meridian, Humboldt County, Nevada.

 

	 	County Recording Information	BLM Filing Information	 
	Claim Name	Location Date	Doc #	Record Date	BLM Serial No.	Record Date	County
	PHP 1	28-Apr-2016	2016-02050	28-Jun-16	NMC1125437	23-Jun-2016	Humbolt
	PHP 2	28-Apr-2016	2016-02051	28-Jun-16	NMC1125438	23-Jun-2016	Humbolt
	PHP 3	28-Apr-2016	2016-02052	28-Jun-16	NMC1125439	23-Jun-2016	Humbolt
	PHP 4	28-Apr-2016	2016-02053	28-Jun-16	NMC1125440	23-Jun-2016	Humbolt
	PHP 5	28-Apr-2016	2016-02054	28-Jun-16	NMC1125441	23-Jun-2016	Humbolt
	PHP 6	28-Apr-2016	2016-02055	28-Jun-16	NMC1125442	23-Jun-2016	Humbolt
	PHP 7	28-Apr-2016	2016-02056	28-Jun-16	NMC1125443	23-Jun-2016	Humbolt
	PHP 8	28-Apr-2016	2016-02057	28-Jun-16	NMC1125444	23-Jun-2016	Humbolt
	PHP 9	28-Apr-2016	2016-02058	28-Jun-16	NMC1125445	23-Jun-2016	Humbolt
	PHP 10	28-Apr-2016	2016-02059	28-Jun-16	NMC1125446	23-Jun-2016	Humbolt
	PHP 11	28-Apr-2016	2016-02060	28-Jun-16	NMC1125447	23-Jun-2016	Humbolt
	PHP 12	28-Apr-2016	2016-02061	28-Jun-16	NMC1125448	23-Jun-2016	Humbolt
	PHP 13	28-Apr-2016	2016-02062	28-Jun-16	NMC1125449	23-Jun-2016	Humbolt
	PHP 14	28-Apr-2016	2016-02063	28-Jun-16	NMC1125450	23-Jun-2016	Humbolt
	PHP 15	28-Apr-2016	2016-02064	28-Jun-16	NMC1125451	23-Jun-2016	Humbolt
	PHP 16	28-Apr-2016	2016-02065	28-Jun-16	NMC1125452	23-Jun-2016	Humbolt
	PHP 17	28-Apr-2016	2016-02066	28-Jun-16	NMC1125453	23-Jun-2016	Humbolt
	PHP 18	28-Apr-2016	2016-02067	28-Jun-16	NMC1125454	23-Jun-2016	Humbolt
	PHP 19	28-Apr-2016	2016-02068	28-Jun-16	NMC1125455	23-Jun-2016	Humbolt
	PHP 20	28-Apr-2016	2016-02069	28-Jun-16	NMC1125456	23-Jun-2016	Humbolt
	PHP 21	28-Apr-2016	2016-02070	28-Jun-16	NMC1125457	23-Jun-2016	Humbolt
	PHP 22	28-Apr-2016	2016-02071	28-Jun-16	NMC1125458	23-Jun-2016	Humbolt
	PHP 23	24-May-2016	2016-02016	28-Jun-16	NMC1125459	23-Jun-2016	Humbolt
	PHP 24	24-May-2016	2016-02017	28-Jun-16	NMC1125460	23-Jun-2016	Humbolt
	PHP 25	24-May-2016	2016-02018	28-Jun-16	NMC1125461	23-Jun-2016	Humbolt
	PHP 26	24-May-2016	2016-02019	28-Jun-16	NMC1125462	23-Jun-2016	Humbolt
	PHP 27	24-May-2016	2016-02020	28-Jun-16	NMC1125463	23-Jun-2016	Humbolt
	PHP 28	24-May-2016	2016-02021	28-Jun-16	NMC1125464	23-Jun-2016	Humbolt
	PHP 29	24-May-2016	2016-02022	28-Jun-16	NMC1125465	23-Jun-2016	Humbolt
	PHP 30	24-May-2016	2016-02023	28-Jun-16	NMC1125466	23-Jun-2016	Humbolt
	PHP 31	24-May-2016	2016-02024	28-Jun-16	NMC1125467	23-Jun-2016	Humbolt
	PHP 32	24-May-2016	2016-02025	28-Jun-16	NMC1125468	23-Jun-2016	Humbolt
	PHP 33	24-May-2016	2016-02026	28-Jun-16	NMC1125469	23-Jun-2016	Humbolt
	PHP 34	24-May-2016	2016-02027	28-Jun-16	NMC1125470	23-Jun-2016	Humbolt
	PHP 35	24-May-2016	2016-02028	28-Jun-16	NMC1125471	23-Jun-2016	Humbolt
	PHP 36	24-May-2016	2016-02029	28-Jun-16	NMC1125472	23-Jun-2016	Humbolt
	PHP 37	24-May-2016	2016-02030	28-Jun-16	NMC1125473	23-Jun-2016	Humbolt
	PHP 38	24-May-2016	2016-02031	28-Jun-16	NMC1125474	23-Jun-2016	Humbolt
	PHP 39	24-May-2016	2016-02032	28-Jun-16	NMC1125475	23-Jun-2016	Humbolt
	PHP 40	24-May-2016	2016-02033	28-Jun-16	NMC1125476	23-Jun-2016	Humbolt
	PHP 41	24-May-2016	2016-02034	28-Jun-16	NMC1125477	23-Jun-2016	Humbolt
	PHP 42	24-May-2016	2016-02035	28-Jun-16	NMC1125478	23-Jun-2016	Humbolt
	PHP 43	24-May-2016	2016-02036	28-Jun-16	NMC1125479	23-Jun-2016	Humbolt
	PHP 44	24-May-2016	2016-02037	28-Jun-16	NMC1125480	23-Jun-2016	Humbolt
	PHP 45	24-May-2016	2016-02038	28-Jun-16	NMC1125481	23-Jun-2016	Humbolt
	PHP 46	24-May-2016	2016-02039	28-Jun-16	NMC1125482	23-Jun-2016	Humbolt
	PHP 47	24-May-2016	2016-02040	28-Jun-16	NMC1125483	23-Jun-2016	Humbolt
	PHP 48	24-May-2016	2016-02041	28-Jun-16	NMC1125484	23-Jun-2016	Humbolt
	PHP 49	24-May-2016	2016-02042	28-Jun-16	NMC1125485	23-Jun-2016	Humbolt
	PHP 50	24-May-2016	2016-02043	28-Jun-16	NMC1125486	23-Jun-2016	Humbolt

 

    
	KC (PHP & KCB) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 1 of 7

     

    

 

Company Name: Pediment Gold LLC

 

	 	County Recording Information	BLM Filing Information	 
	Claim Name	Location Date	Doc #	Record Date	BLM Serial No.	Record Date	County
	PHP 51	24-May-2016	2016-02044	28-Jun-16	NMC1125487	23-Jun-2016	Humbolt
	PHP 52	29-Apr-2016	2016-02072	28-Jun-16	NMC1125488	23-Jun-2016	Humbolt
	PHP 53	29-Apr-2016	2016-02073	28-Jun-16	NMC1125489	23-Jun-2016	Humbolt
	PHP 54	29-Apr-2016	2016-02074	28-Jun-16	NMC1125490	23-Jun-2016	Humbolt
	PHP 55	29-Apr-2016	2016-02075	28-Jun-16	NMC1125491	23-Jun-2016	Humbolt
	PHP 56	29-Apr-2016	2016-02076	28-Jun-16	NMC1125492	23-Jun-2016	Humbolt
	PHP 57	29-Apr-2016	2016-02077	28-Jun-16	NMC1125493	23-Jun-2016	Humbolt
	PHP 58	29-Apr-2016	2016-02078	28-Jun-16	NMC1125494	23-Jun-2016	Humbolt
	PHP 59	29-Apr-2016	2016-02079	28-Jun-16	NMC1125495	23-Jun-2016	Humbolt
	PHP 60	29-Apr-2016	2016-02080	28-Jun-16	NMC1125496	23-Jun-2016	Humbolt
	PHP 61	29-Apr-2016	2016-02081	28-Jun-16	NMC1125497	23-Jun-2016	Humbolt
	PHP 62	29-Apr-2016	2016-02082	28-Jun-16	NMC1125498	23-Jun-2016	Humbolt
	PHP 63	29-Apr-2016	2016-02083	28-Jun-16	NMC1125499	23-Jun-2016	Humbolt
	PHP 64	29-Apr-2016	2016-02084	28-Jun-16	NMC1125500	23-Jun-2016	Humbolt
	PHP 65	29-Apr-2016	2016-02085	28-Jun-16	NMC1125501	23-Jun-2016	Humbolt
	PHP 66	29-Apr-2016	2016-02086	28-Jun-16	NMC1125502	23-Jun-2016	Humbolt
	PHP 67	29-Apr-2016	2016-02087	28-Jun-16	NMC1125503	23-Jun-2016	Humbolt
	PHP 68	29-Apr-2016	2016-02088	28-Jun-16	NMC1125504	23-Jun-2016	Humbolt
	PHP 69	29-Apr-2016	2016-02089	28-Jun-16	NMC1125505	23-Jun-2016	Humbolt
	PHP 70	29-Apr-2016	2016-02090	28-Jun-16	NMC1125506	23-Jun-2016	Humbolt
	PHP 71	29-Apr-2016	2016-02091	28-Jun-16	NMC1125507	23-Jun-2016	Humbolt
	PHP 72	29-Apr-2016	2016-02092	28-Jun-16	NMC1125508	23-Jun-2016	Humbolt
	PHP 73	29-Apr-2016	2016-02093	28-Jun-16	NMC1125509	23-Jun-2016	Humbolt
	PHP 74	29-Apr-2016	2016-02094	28-Jun-16	NMC1125510	23-Jun-2016	Humbolt
	PHP 75	29-Apr-2016	2016-02095	28-Jun-16	NMC1125511	23-Jun-2016	Humbolt
	PHP 76	29-Apr-2016	2016-02096	28-Jun-16	NMC1125512	23-Jun-2016	Humbolt
	PHP 77	29-Apr-2016	2016-02097	28-Jun-16	NMC1125513	23-Jun-2016	Humbolt
	PHP 78	29-Apr-2016	2016-02098	28-Jun-16	NMC1125514	23-Jun-2016	Humbolt
	PHP 79	29-Apr-2016	2016-02099	28-Jun-16	NMC1125515	23-Jun-2016	Humbolt
	PHP 80	29-Apr-2016	2016-02100	28-Jun-16	NMC1125516	23-Jun-2016	Humbolt
	PHP 81	29-Apr-2016	2016-02101	28-Jun-16	NMC1125517	23-Jun-2016	Humbolt
	PHP 82	29-Apr-2016	2016-02102	28-Jun-16	NMC1125518	23-Jun-2016	Humbolt
	PHP 83	29-Apr-2016	2016-02103	28-Jun-16	NMC1125519	23-Jun-2016	Humbolt
	PHP 84	29-Apr-2016	2016-02104	28-Jun-16	NMC1125520	23-Jun-2016	Humbolt
	PHP 85	29-Apr-2016	2016-02105	28-Jun-16	NMC1125521	23-Jun-2016	Humbolt
	PHP 86	29-Apr-2016	2016-02106	28-Jun-16	NMC1125522	23-Jun-2016	Humbolt
	PHP 87	29-Apr-2016	2016-02107	28-Jun-16	NMC1125523	23-Jun-2016	Humbolt
	PHP 88	29-Apr-2016	2016-02108	28-Jun-16	NMC1125524	23-Jun-2016	Humbolt
	PHP 89	29-Apr-2016	2016-02109	28-Jun-16	NMC1125525	23-Jun-2016	Humbolt
	PHP 90	29-Apr-2016	2016-02110	28-Jun-16	NMC1125526	23-Jun-2016	Humbolt
	PHP 91	29-Apr-2016	2016-02111	28-Jun-16	NMC1125527	23-Jun-2016	Humbolt
	PHP 92	29-Apr-2016	2016-02112	28-Jun-16	NMC1125528	23-Jun-2016	Humbolt
	PHP 93	29-Apr-2016	2016-02113	28-Jun-16	NMC1125529	23-Jun-2016	Humbolt
	PHP 94	29-Apr-2016	2016-02114	28-Jun-16	NMC1125530	23-Jun-2016	Humbolt
	PHP 95	29-Apr-2016	2016-02115	28-Jun-16	NMC1125531	23-Jun-2016	Humbolt
	PHP 96	29-Apr-2016	2016-02116	28-Jun-16	NMC1125532	23-Jun-2016	Humbolt
	PHP 97	29-Apr-2016	2016-02117	28-Jun-16	NMC1125533	23-Jun-2016	Humbolt
	PHP 98	29-Apr-2016	2016-02118	28-Jun-16	NMC1125534	23-Jun-2016	Humbolt
	PHP 99	29-Apr-2016	2016-02119	28-Jun-16	NMC1125535	23-Jun-2016	Humbolt
	PHP 100	29-Apr-2016	2016-02120	28-Jun-16	NMC1125536	23-Jun-2016	Humbolt
	PHP 101	29-Apr-2016	2016-02121	28-Jun-16	NMC1125537	23-Jun-2016	Humbolt
	PHP 102	29-Apr-2016	2016-02122	28-Jun-16	NMC1125538	23-Jun-2016	Humbolt
	PHP 103	29-Apr-2016	2016-02123	28-Jun-16	NMC1125539	23-Jun-2016	Humbolt
	PHP 104	29-Apr-2016	2016-02124	28-Jun-16	NMC1125540	23-Jun-2016	Humbolt
	PHP 105	29-Apr-2016	2016-02125	28-Jun-16	NMC1125541	23-Jun-2016	Humbolt
	PHP 106	26-May-2016	2016-02126	28-Jun-16	NMC1125542	23-Jun-2016	Humbolt

 

    
	KC (PHP & KCB) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 2 of 7

     

    

 

Company Name: Pediment Gold LLC

 

	 	County Recording Information	BLM Filing Information	 
	Claim Name	Location Date	Doc #	Record Date	BLM Serial No.	Record Date	County
	PHP 107	26-May-2016	2016-02127	28-Jun-16	NMC1125543	23-Jun-2016	Humbolt
	PHP 108	26-May-2016	2016-02128	28-Jun-16	NMC1125544	23-Jun-2016	Humbolt
	PHP 109	26-May-2016	2016-02129	28-Jun-16	NMC1125545	23-Jun-2016	Humbolt
	PHP 110	26-May-2016	2016-02130	28-Jun-16	NMC1125546	23-Jun-2016	Humbolt
	PHP 111	26-May-2016	2016-02131	28-Jun-16	NMC1125547	23-Jun-2016	Humbolt
	PHP 112	26-May-2016	2016-02132	28-Jun-16	NMC1125548	23-Jun-2016	Humbolt
	PHP 113	26-May-2016	2016-02133	28-Jun-16	NMC1125549	23-Jun-2016	Humbolt
	PHP 114	26-May-2016	2016-02134	28-Jun-16	NMC1125550	23-Jun-2016	Humbolt
	PHP 115	26-May-2016	2016-02135	28-Jun-16	NMC1125551	23-Jun-2016	Humbolt
	PHP 116	26-May-2016	2016-02136	28-Jun-16	NMC1125552	23-Jun-2016	Humbolt
	PHP 117	26-May-2016	2016-02137	28-Jun-16	NMC1125553	23-Jun-2016	Humbolt
	PHP 118	26-May-2016	2016-02138	28-Jun-16	NMC1125554	23-Jun-2016	Humbolt
	PHP 119	26-May-2016	2016-02139	28-Jun-16	NMC1125555	23-Jun-2016	Humbolt
	PHP 120	26-May-2016	2016-02140	28-Jun-16	NMC1125556	23-Jun-2016	Humbolt
	PHP 121	26-May-2016	2016-02141	28-Jun-16	NMC1125557	23-Jun-2016	Humbolt
	PHP 122	26-May-2016	2016-02142	28-Jun-16	NMC1125558	23-Jun-2016	Humbolt
	PHP 123	26-May-2016	2016-02143	28-Jun-16	NMC1125559	23-Jun-2016	Humbolt
	PHP 124	26-May-2016	2016-02144	28-Jun-16	NMC1125560	23-Jun-2016	Humbolt
	PHP 125	26-May-2016	2016-02145	28-Jun-16	NMC1125561	23-Jun-2016	Humbolt
	PHP 126	26-May-2016	2016-02146	28-Jun-16	NMC1125562	23-Jun-2016	Humbolt
	PHP 129	26-May-2016	2016-02147	28-Jun-16	NMC1125563	23-Jun-2016	Humbolt
	PHP 128	26-May-2016	2016-02148	28-Jun-16	NMC1125564	23-Jun-2016	Humbolt
	PHP 129	26-May-2016	2016-02149	28-Jun-16	NMC1125565	23-Jun-2016	Humbolt
	PHP 130	26-May-2016	2016-02150	28-Jun-16	NMC1125566	23-Jun-2016	Humbolt
	PHP 131	26-May-2016	2016-02151	28-Jun-16	NMC1125567	23-Jun-2016	Humbolt
	PHP 132	26-May-2016	2016-02152	28-Jun-16	NMC1125568	23-Jun-2016	Humbolt
	PHP 133	26-May-2016	2016-02153	28-Jun-16	NMC1125569	23-Jun-2016	Humbolt
	PHP 134	26-May-2016	2016-02154	28-Jun-16	NMC1125570	23-Jun-2016	Humbolt
	PHP 135	26-May-2016	2016-02155	28-Jun-16	NMC1125571	23-Jun-2016	Humbolt
	PHP 136	26-May-2016	2016-02156	28-Jun-16	NMC1125572	23-Jun-2016	Humbolt
	PHP 137	26-May-2016	2016-02157	28-Jun-16	NMC1125573	23-Jun-2016	Humbolt
	PHP 138	26-May-2016	2016-02158	28-Jun-16	NMC1125574	23-Jun-2016	Humbolt
	PHP 139	26-Apr-2016	2016-02159	28-Jun-16	NMC1125575	23-Jun-2016	Humbolt
	PHP 176	25-May-2016	2016-02160	28-Jun-16	NMC1125576	23-Jun-2016	Humbolt
	PHP 177	25-May-2016	2016-02161	28-Jun-16	NMC1125577	23-Jun-2016	Humbolt
	PHP 178	25-May-2016	2016-02162	28-Jun-16	NMC1125578	23-Jun-2016	Humbolt
	PHP 179	25-May-2016	2016-02163	28-Jun-16	NMC1125579	23-Jun-2016	Humbolt
	PHP 180	25-May-2016	2016-02164	28-Jun-16	NMC1125580	23-Jun-2016	Humbolt
	PHP 181	25-May-2016	2016-02165	28-Jun-16	NMC1125581	23-Jun-2016	Humbolt
	PHP 182	25-May-2016	2016-02166	28-Jun-16	NMC1125582	23-Jun-2016	Humbolt
	PHP 183	25-May-2016	2016-02167	28-Jun-16	NMC1125583	23-Jun-2016	Humbolt
	PHP 184	25-May-2016	2016-02168	28-Jun-16	NMC1125584	23-Jun-2016	Humbolt
	PHP 185	25-May-2016	2016-02169	28-Jun-16	NMC1125585	23-Jun-2016	Humbolt
	PHP 186	25-May-2016	2016-02170	28-Jun-16	NMC1125586	23-Jun-2016	Humbolt
	PHP 187	25-May-2016	2016-02171	28-Jun-16	NMC1125587	23-Jun-2016	Humbolt
	PHP 188	25-May-2016	2016-02172	28-Jun-16	NMC1125588	23-Jun-2016	Humbolt
	PHP 189	25-May-2016	2016-02173	28-Jun-16	NMC1125589	23-Jun-2016	Humbolt
	PHP 190	25-May-2016	2016-02174	28-Jun-16	NMC1125590	23-Jun-2016	Humbolt
	PHP 191	25-May-2016	2016-02175	28-Jun-16	NMC1125591	23-Jun-2016	Humbolt
	PHP 192	25-May-2016	2016-02176	28-Jun-16	NMC1125592	23-Jun-2016	Humbolt
	PHP 193	25-May-2016	2016-02177	28-Jun-16	NMC1125593	23-Jun-2016	Humbolt
	PHP 194	25-May-2016	2016-02178	28-Jun-16	NMC1125594	23-Jun-2016	Humbolt
	PHP 195	25-May-2016	2016-02179	28-Jun-16	NMC1125595	23-Jun-2016	Humbolt
	PHP 196	25-May-2016	2016-02180	28-Jun-16	NMC1125596	23-Jun-2016	Humbolt
	PHP 197	25-May-2016	2016-02181	28-Jun-16	NMC1125597	23-Jun-2016	Humbolt
	PHP 198	25-May-2016	2016-02182	28-Jun-16	NMC1125598	23-Jun-2016	Humbolt

 

    
	KC (PHP & KCB) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 3 of 7

     

    

 

Company Name: Pediment Gold LLC

 

	 	County Recording Information	BLM Filing Information	 
	Claim Name	Location Date	Doc #	Record Date	BLM Serial No.	Record Date	County
	PHP 199	25-May-2016	2016-02183	28-Jun-16	NMC1125599	23-Jun-2016	Humbolt
	PHP 200	25-May-2016	2016-02184	28-Jun-16	NMC1125600	23-Jun-2016	Humbolt
	PHP 201	25-May-2016	2016-02185	28-Jun-16	NMC1125601	23-Jun-2016	Humbolt
	PHP 202	25-May-2016	2016-02186	28-Jun-16	NMC1125602	23-Jun-2016	Humbolt
	PHP 203	25-May-2016	2016-02187	28-Jun-16	NMC1125603	23-Jun-2016	Humbolt
	PHP 204	25-May-2016	2016-02188	28-Jun-16	NMC1125604	23-Jun-2016	Humbolt
	PHP 205	25-May-2016	2016-02189	28-Jun-16	NMC1125605	23-Jun-2016	Humbolt
	PHP 206	25-May-2016	2016-02190	28-Jun-16	NMC1125606	23-Jun-2016	Humbolt
	PHP 207	25-May-2016	2016-02191	28-Jun-16	NMC1125607	23-Jun-2016	Humbolt
	PHP 208	25-May-2016	2016-02192	28-Jun-16	NMC1125608	23-Jun-2016	Humbolt
	PHP 209	25-May-2016	2016-02193	28-Jun-16	NMC1125609	23-Jun-2016	Humbolt
	PHP 210	25-May-2016	2016-02194	28-Jun-16	NMC1125610	23-Jun-2016	Humbolt
	PHP 211	25-May-2016	2016-02195	28-Jun-16	NMC1125611	23-Jun-2016	Humbolt
	PHP 212	25-May-2016	2016-02196	28-Jun-16	NMC1125612	23-Jun-2016	Humbolt
	PHP 213	25-May-2016	2016-02197	28-Jun-16	NMC1125613	23-Jun-2016	Humbolt
	PHP 214	25-May-2016	2016-02198	28-Jun-16	NMC1125614	23-Jun-2016	Humbolt
	PHP 215	25-May-2016	2016-02199	28-Jun-16	NMC1125615	23-Jun-2016	Humbolt
	PHP 216	25-May-2016	2016-02200	28-Jun-16	NMC1125616	23-Jun-2016	Humbolt
	KCB 1	18-Jan-2018	2018-02453	13-Apr-18	NMC1169442	12-Apr-2018	Humbolt
	KCB 2	18-Jan-2018	2018-02454	13-Apr-18	NMC1169443	12-Apr-2018	Humbolt
	KCB 3	18-Jan-2018	2018-02455	13-Apr-18	NMC1169444	12-Apr-2018	Humbolt
	KCB 4	18-Jan-2018	2018-02456	13-Apr-18	NMC1169445	12-Apr-2018	Humbolt
	KCB 5	18-Jan-2018	2018-02457	13-Apr-18	NMC1169446	12-Apr-2018	Humbolt
	KCB 6	18-Jan-2018	2018-02458	13-Apr-18	NMC1169447	12-Apr-2018	Humbolt
	KCB 7	18-Jan-2018	2018-02459	13-Apr-18	NMC1169448	12-Apr-2018	Humbolt
	KCB 8	18-Jan-2018	2018-02460	13-Apr-18	NMC1169449	12-Apr-2018	Humbolt
	KCB 9	18-Jan-2018	2018-02461	13-Apr-18	NMC1169450	12-Apr-2018	Humbolt
	KCB 10	18-Jan-2018	2018-02462	13-Apr-18	NMC1169451	12-Apr-2018	Humbolt
	KCB 11	18-Jan-2018	2018-02463	13-Apr-18	NMC1169452	12-Apr-2018	Humbolt
	KCB 12	18-Jan-2018	2018-02464	13-Apr-18	NMC1169453	12-Apr-2018	Humbolt
	KCB 13	18-Jan-2018	2018-02465	13-Apr-18	NMC1169454	12-Apr-2018	Humbolt
	KCB 14	18-Jan-2018	2018-02466	13-Apr-18	NMC1169455	12-Apr-2018	Humbolt
	KCB 15	18-Jan-2018	2018-02467	13-Apr-18	NMC1169456	12-Apr-2018	Humbolt
	KCB 16	18-Jan-2018	2018-02468	13-Apr-18	NMC1169457	12-Apr-2018	Humbolt
	KCB 17	18-Jan-2018	2018-02469	13-Apr-18	NMC1169458	12-Apr-2018	Humbolt
	KCB 18	18-Jan-2018	2018-02470	13-Apr-18	NMC1169459	12-Apr-2018	Humbolt
	KCB 19	18-Jan-2018	2018-02471	13-Apr-18	NMC1169460	12-Apr-2018	Humbolt
	KCB 20	18-Jan-2018	2018-02472	13-Apr-18	NMC1169461	12-Apr-2018	Humbolt
	KCB 21	18-Jan-2018	2018-02473	13-Apr-18	NMC1169462	12-Apr-2018	Humbolt
	KCB 22	18-Jan-2018	2018-02474	13-Apr-18	NMC1169463	12-Apr-2018	Humbolt
	KCB 23	18-Jan-2018	2018-02475	13-Apr-18	NMC1169464	12-Apr-2018	Humbolt
	KCB 24	18-Jan-2018	2018-02476	13-Apr-18	NMC1169465	12-Apr-2018	Humbolt
	KCB 25	18-Jan-2018	2018-02477	13-Apr-18	NMC1169466	12-Apr-2018	Humbolt
	KCB 26	18-Jan-2018	2018-02478	13-Apr-18	NMC1169467	12-Apr-2018	Humbolt
	KCB 27	18-Jan-2018	2018-02479	13-Apr-18	NMC1169468	12-Apr-2018	Humbolt
	KCB 28	18-Jan-2018	2018-02480	13-Apr-18	NMC1169469	12-Apr-2018	Humbolt
	KCB 29	18-Jan-2018	2018-02481	13-Apr-18	NMC1169470	12-Apr-2018	Humbolt
	KCB 30	18-Jan-2018	2018-02482	13-Apr-18	NMC1169471	12-Apr-2018	Humbolt
	KCB 31	18-Jan-2018	2018-02483	13-Apr-18	NMC1169472	12-Apr-2018	Humbolt
	KCB 32	18-Jan-2018	2018-02484	13-Apr-18	NMC1169473	12-Apr-2018	Humbolt
	KCB 33	18-Jan-2018	2018-02485	13-Apr-18	NMC1169474	12-Apr-2018	Humbolt
	KCB 34	18-Jan-2018	2018-02486	13-Apr-18	NMC1169475	12-Apr-2018	Humbolt
	KCB 35	18-Jan-2018	2018-02487	13-Apr-18	NMC1169476	12-Apr-2018	Humbolt
	KCB 36	18-Jan-2018	2018-02488	13-Apr-18	NMC1169477	12-Apr-2018	Humbolt
	KCB 37	18-Jan-2018	2018-02489	13-Apr-18	NMC1169478	12-Apr-2018	Humbolt
	KCB 38	18-Jan-2018	2018-02490	13-Apr-18	NMC1169479	12-Apr-2018	Humbolt

 

    
	KC (PHP & KCB) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 4 of 7

     

    

 

Company Name: Pediment Gold LLC

 

	 	County Recording Information	BLM Filing Information	 
	Claim Name	Location Date	Doc #	Record Date	BLM Serial No.	Record Date	County
	KCB 39	18-Jan-2018	2018-02491	13-Apr-18	NMC1169480	12-Apr-2018	Humbolt
	KCB 40	18-Jan-2018	2018-02492	13-Apr-18	NMC1169481	12-Apr-2018	Humbolt
	KCB 41	18-Jan-2018	2018-02493	13-Apr-18	NMC1169482	12-Apr-2018	Humbolt
	KCB 42	18-Jan-2018	2018-02494	13-Apr-18	NMC1169483	12-Apr-2018	Humbolt
	KCB 43	18-Jan-2018	2018-02495	13-Apr-18	NMC1169484	12-Apr-2018	Humbolt
	KCB 44	18-Jan-2018	2018-02496	13-Apr-18	NMC1169485	12-Apr-2018	Humbolt
	KCB 45	18-Jan-2018	2018-02497	13-Apr-18	NMC1169486	12-Apr-2018	Humbolt
	KCB 46	18-Jan-2018	2018-02498	13-Apr-18	NMC1169487	12-Apr-2018	Humbolt
	KCB 47	18-Jan-2018	2018-02499	13-Apr-18	NMC1169488	12-Apr-2018	Humbolt
	KCB 48	18-Jan-2018	2018-02500	13-Apr-18	NMC1169489	12-Apr-2018	Humbolt
	KCB 49	18-Jan-2018	2018-02501	13-Apr-18	NMC1169490	12-Apr-2018	Humbolt
	KCB 50	18-Jan-2018	2018-02502	13-Apr-18	NMC1169491	12-Apr-2018	Humbolt
	KCB 51	18-Jan-2018	2018-02503	13-Apr-18	NMC1169492	12-Apr-2018	Humbolt
	KCB 52	18-Jan-2018	2018-02504	13-Apr-18	NMC1169493	12-Apr-2018	Humbolt
	KCB 53	18-Jan-2018	2018-02505	13-Apr-18	NMC1169494	12-Apr-2018	Humbolt
	KCB 54	18-Jan-2018	2018-02506	13-Apr-18	NMC1169495	12-Apr-2018	Humbolt
	KCB 55	18-Jan-2018	2018-02507	13-Apr-18	NMC1169496	12-Apr-2018	Humbolt
	KCB 56	18-Jan-2018	2018-02508	13-Apr-18	NMC1169497	12-Apr-2018	Humbolt
	KCB 57	18-Jan-2018	2018-02509	13-Apr-18	NMC1169498	12-Apr-2018	Humbolt
	KCB 58	18-Jan-2018	2018-02510	13-Apr-18	NMC1169499	12-Apr-2018	Humbolt
	KCB 59	18-Jan-2018	2018-02511	13-Apr-18	NMC1169500	12-Apr-2018	Humbolt
	KCB 60	18-Jan-2018	2018-02512	13-Apr-18	NMC1169501	12-Apr-2018	Humbolt
	KCB 61	18-Jan-2018	2018-02513	13-Apr-18	NMC1169502	12-Apr-2018	Humbolt
	KCB 62	18-Jan-2018	2018-02514	13-Apr-18	NMC1169503	12-Apr-2018	Humbolt
	KCB 63	18-Jan-2018	2018-02515	13-Apr-18	NMC1169504	12-Apr-2018	Humbolt
	KCB 64	18-Jan-2018	2018-02516	13-Apr-18	NMC1169505	12-Apr-2018	Humbolt
	KCB 65	18-Jan-2018	2018-02517	13-Apr-18	NMC1169506	12-Apr-2018	Humbolt
	KCB 86	8-Mar-2018	2018-02582	13-Apr-18	NMC1169527	12-Apr-2018	Humbolt
	KCB 87	8-Mar-2018	2018-02583	13-Apr-18	NMC1169528	12-Apr-2018	Humbolt
	KCB 88	8-Mar-2018	2018-02584	13-Apr-18	NMC1169529	12-Apr-2018	Humbolt
	KCB 89	8-Mar-2018	2018-02585	13-Apr-18	NMC1169530	12-Apr-2018	Humbolt
	KCB 90	8-Mar-2018	2018-02586	13-Apr-18	NMC1169531	12-Apr-2018	Humbolt
	KCB 91	8-Mar-2018	2018-02587	13-Apr-18	NMC1169532	12-Apr-2018	Humbolt
	KCB 92	8-Mar-2018	2018-02588	13-Apr-18	NMC1169533	12-Apr-2018	Humbolt
	KCB 93	8-Mar-2018	2018-02589	13-Apr-18	NMC1169534	12-Apr-2018	Humbolt
	KCB 94	8-Mar-2018	2018-02590	13-Apr-18	NMC1169535	12-Apr-2018	Humbolt
	KCB 95	8-Mar-2018	2018-02591	13-Apr-18	NMC1169536	12-Apr-2018	Humbolt
	KCB 96	8-Mar-2018	2018-02592	13-Apr-18	NMC1169537	12-Apr-2018	Humbolt
	KCB 97	8-Mar-2018	2018-02593	13-Apr-18	NMC1169538	12-Apr-2018	Humbolt
	KCB 98	8-Mar-2018	2018-02594	13-Apr-18	NMC1169539	12-Apr-2018	Humbolt
	KCB 99	8-Mar-2018	2018-02595	13-Apr-18	NMC1169540	12-Apr-2018	Humbolt
	KCB 100	8-Mar-2018	2018-02596	13-Apr-18	NMC1169541	12-Apr-2018	Humbolt
	KCB 101	8-Mar-2018	2018-02597	13-Apr-18	NMC1169542	12-Apr-2018	Humbolt
	KCB 102	8-Mar-2018	2018-02598	13-Apr-18	NMC1169543	12-Apr-2018	Humbolt
	KCB 103	8-Mar-2018	2018-02599	13-Apr-18	NMC1169544	12-Apr-2018	Humbolt
	KCB 104	8-Mar-2018	2018-02600	13-Apr-18	NMC1169545	12-Apr-2018	Humbolt
	KCB 105	8-Mar-2018	2018-02601	13-Apr-18	NMC1169546	12-Apr-2018	Humbolt
	KCB 106	8-Mar-2018	2018-02602	13-Apr-18	NMC1169547	12-Apr-2018	Humbolt
	KCB 107	8-Mar-2018	2018-02603	13-Apr-18	NMC1169548	12-Apr-2018	Humbolt
	KCB 108	8-Mar-2018	2018-02604	13-Apr-18	NMC1169549	12-Apr-2018	Humbolt
	KCB 109	8-Mar-2018	2018-02605	13-Apr-18	NMC1169550	12-Apr-2018	Humbolt
	KCB 110	8-Mar-2018	2018-02606	13-Apr-18	NMC1169551	12-Apr-2018	Humbolt
	KCB 111	8-Mar-2018	2018-02607	13-Apr-18	NMC1169552	12-Apr-2018	Humbolt
	KCB 112	8-Mar-2018	2018-02608	13-Apr-18	NMC1169553	12-Apr-2018	Humbolt
	KCB 113	8-Mar-2018	2018-02609	13-Apr-18	NMC1169554	12-Apr-2018	Humbolt
	KCB 114	8-Mar-2018	2018-02610	13-Apr-18	NMC1169555	12-Apr-2018	Humbolt

 

    
	KC (PHP & KCB) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 5 of 7

     

    

 

Company Name: Pediment Gold LLC

 

	 	County Recording Information	BLM Filing Information	 
	Claim Name	Location Date	Doc #	Record Date	BLM Serial No.	Record Date	County
	KCB 115	8-Mar-2018	2018-02611	13-Apr-18	NMC1169556	12-Apr-2018	Humbolt
	KCB 116	8-Mar-2018	2018-02612	13-Apr-18	NMC1169557	12-Apr-2018	Humbolt
	KCB 117	8-Mar-2018	2018-02613	13-Apr-18	NMC1169558	12-Apr-2018	Humbolt
	KCB 118	8-Mar-2018	2018-02614	13-Apr-18	NMC1169559	12-Apr-2018	Humbolt
	KCB 119	8-Mar-2018	2018-02615	13-Apr-18	NMC1169560	12-Apr-2018	Humbolt
	KCB 120	8-Mar-2018	2018-02616	13-Apr-18	NMC1169561	12-Apr-2018	Humbolt
	KCB 121	8-Mar-2018	2018-02617	13-Apr-18	NMC1169562	12-Apr-2018	Humbolt
	KCB 122	8-Mar-2018	2018-02618	13-Apr-18	NMC1169563	12-Apr-2018	Humbolt
	KCB 123	8-Mar-2018	2018-02619	13-Apr-18	NMC1169564	12-Apr-2018	Humbolt
	KCB 124	8-Mar-2018	2018-02620	13-Apr-18	NMC1169565	12-Apr-2018	Humbolt
	KCB 125	8-Mar-2018	2018-02621	13-Apr-18	NMC1169566	12-Apr-2018	Humbolt
	KCB 126	8-Mar-2018	2018-02622	13-Apr-18	NMC1169567	12-Apr-2018	Humbolt
	KCB 127	8-Mar-2018	2018-02623	13-Apr-18	NMC1169568	12-Apr-2018	Humbolt
	KCB 128	8-Mar-2018	2018-02624	13-Apr-18	NMC1169569	12-Apr-2018	Humbolt
	KCB 129	8-Mar-2018	2018-02625	13-Apr-18	NMC1169570	12-Apr-2018	Humbolt
	KCB 138	8-Mar-2018	2018-02626	13-Apr-18	NMC1169579	12-Apr-2018	Humbolt
	KCB 139	8-Mar-2018	2018-02627	13-Apr-18	NMC1169580	12-Apr-2018	Humbolt
	KCB 140	8-Mar-2018	2018-02628	13-Apr-18	NMC1169581	12-Apr-2018	Humbolt
	KCB 141	8-Mar-2018	2018-02629	13-Apr-18	NMC1169582	12-Apr-2018	Humbolt
	KCB 142	8-Mar-2018	2018-02630	13-Apr-18	NMC1169583	12-Apr-2018	Humbolt
	KCB 143	8-Mar-2018	2018-02631	13-Apr-18	NMC1169584	12-Apr-2018	Humbolt
	KCB 144	8-Mar-2018	2018-02632	13-Apr-18	NMC1169585	12-Apr-2018	Humbolt
	KCB 145	8-Mar-2018	2018-02633	13-Apr-18	NMC1169586	12-Apr-2018	Humbolt
	KCB 146	19-Jan-2018	2018-02546	13-Apr-18	NMC1169587	12-Apr-2018	Humbolt
	KCB 147	19-Jan-2018	2018-02547	13-Apr-18	NMC1169588	12-Apr-2018	Humbolt
	KCB 148	19-Jan-2018	2018-02548	13-Apr-18	NMC1169589	12-Apr-2018	Humbolt
	KCB 149	19-Jan-2018	2018-02549	13-Apr-18	NMC1169590	12-Apr-2018	Humbolt
	KCB 150	19-Jan-2018	2018-02550	13-Apr-18	NMC1169591	12-Apr-2018	Humbolt
	KCB 151	19-Jan-2018	2018-02551	13-Apr-18	NMC1169592	12-Apr-2018	Humbolt
	KCB 152	19-Jan-2018	2018-02552	13-Apr-18	NMC1169593	12-Apr-2018	Humbolt
	KCB 153	19-Jan-2018	2018-02553	13-Apr-18	NMC1169594	12-Apr-2018	Humbolt
	KCB 154	19-Jan-2018	2018-02554	13-Apr-18	NMC1169595	12-Apr-2018	Humbolt
	KCB 155	19-Jan-2018	2018-02555	13-Apr-18	NMC1169596	12-Apr-2018	Humbolt
	KCB 156	19-Jan-2018	2018-02556	13-Apr-18	NMC1169597	12-Apr-2018	Humbolt
	KCB 157	19-Jan-2018	2018-02557	13-Apr-18	NMC1169598	12-Apr-2018	Humbolt
	KCB 158	19-Jan-2018	2018-02558	13-Apr-18	NMC1169599	12-Apr-2018	Humbolt
	KCB 159	19-Jan-2018	2018-02559	13-Apr-18	NMC1169600	12-Apr-2018	Humbolt
	KCB 160	19-Jan-2018	2018-02560	13-Apr-18	NMC1169601	12-Apr-2018	Humbolt
	KCB 161	19-Jan-2018	2018-02561	13-Apr-18	NMC1169602	12-Apr-2018	Humbolt
	KCB 162	19-Jan-2018	2018-02562	13-Apr-18	NMC1169603	12-Apr-2018	Humbolt
	KCB 163	19-Jan-2018	2018-02563	13-Apr-18	NMC1169604	12-Apr-2018	Humbolt
	KCB 164	19-Jan-2018	2018-02564	13-Apr-18	NMC1169605	12-Apr-2018	Humbolt
	KCB 165	19-Jan-2018	2018-02565	13-Apr-18	NMC1169606	12-Apr-2018	Humbolt
	KCB 166	19-Jan-2018	2018-02566	13-Apr-18	NMC1169607	12-Apr-2018	Humbolt
	KCB 167	19-Jan-2018	2018-02567	13-Apr-18	NMC1169608	12-Apr-2018	Humbolt
	KCB 168	19-Jan-2018	2018-02568	13-Apr-18	NMC1169609	12-Apr-2018	Humbolt
	KCB 169	19-Jan-2018	2018-02569	13-Apr-18	NMC1169610	12-Apr-2018	Humbolt
	KCB 170	19-Jan-2018	2018-02570	13-Apr-18	NMC1169611	12-Apr-2018	Humbolt
	KCB 171	19-Jan-2018	2018-02571	13-Apr-18	NMC1169612	12-Apr-2018	Humbolt
	KCB 172	19-Jan-2018	2018-02572	13-Apr-18	NMC1169613	12-Apr-2018	Humbolt
	KCB 173	19-Jan-2018	2018-02573	13-Apr-18	NMC1169614	12-Apr-2018	Humbolt
	KCB 174	19-Jan-2018	2018-02574	13-Apr-18	NMC1169615	12-Apr-2018	Humbolt
	KCB 175	19-Jan-2018	2018-02575	13-Apr-18	NMC1169616	12-Apr-2018	Humbolt
	KCB 176	19-Jan-2018	2018-02576	13-Apr-18	NMC1169617	12-Apr-2018	Humbolt
	KCB 177	19-Jan-2018	2018-02577	13-Apr-18	NMC1169618	12-Apr-2018	Humbolt
	KCB 178	19-Jan-2018	2018-02578	13-Apr-18	NMC1169619	12-Apr-2018	Humbolt

 

    
	KC (PHP & KCB) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 6 of 7

     

    

 

Company Name: Pediment Gold LLC

 

	 	County Recording Information	BLM Filing Information	 
	Claim Name	Location Date	Doc #	Record Date	BLM Serial No.	Record Date	County
	KCB 179	19-Jan-2018	2018-02579	13-Apr-18	NMC1169620	12-Apr-2018	Humbolt
	KCB 180	19-Jan-2018	2018-02580	13-Apr-18	NMC1169621	12-Apr-2018	Humbolt
	KCB 181	19-Jan-2018	2018-02637	16-Apr-18	NMC1169622	12-Apr-2018	Humbolt
	333	TOTAL	 	 	 	 	 

 

    
	KC (PHP & KCB) Claims	 	Pediment Gold LLC
 (775) 359-7740	 	Page 7 of 7

     

    

 

Exploration and
Option to Enter Joint Venture Agreement

Kelly Creek Project

Exhibit B

 

Net Profits Interest
Definition and Calculation

 

1.       Income
and Expenses. Net Profits shall be calculated by deducting from the gross revenues received (or deemed to be received) from the sale
(or deemed sale) of minerals, the costs and expenses reasonably incurred in the processing, production, sale and transportation of minerals,
including without limitation:

 

1.1       All
costs (including the full amount of capital expenditures) and expenses of installing, replacing, expanding, modifying, altering or changing
from time to time any mining facilities. Costs and expenses of improvements (such as haulage ways or mill facilities) that are also used
in connection with workings other than the Property shall be charged to the Property only in the proportion that their use in connection
with the Property bears to their total use.

 

1.2       Ad
valorem real property taxes, and all taxes, other than income taxes, applicable to the acquisition, exploration, development, and mining
of the Property, including without limitation all mining taxes, sales taxes, severance taxes, federal annual mining claim rental fees,
royalties, license fees and governmental levies of a similar nature.

 

1.3       All
expenses incurred relative to the marketing and sale of minerals, including an allowance for commissions at rates which are normal and
customary in the industry.

 

1.4       All
amounts payable to the operator of the Property during mining pursuant to any applicable operating or similar agreement in force with
respect to mining.

 

1.5       Reclamation
costs and the costs of establishment of a fund or acquisition of a surety bond to secure performance of reclamation.

 

1.6       All
costs, obligations, liabilities and expenses incurred by the operator in connection with or for the benefit of the Property and all operations
including, without limitation, the costs of salaries and wages including actual labor overhead expenses (for fringe benefits and the
like) of all employees of the operator engaged directly in connection with or for the benefit of the Property and all operations.

 

1.7       All
expenditures (including the full amount of capital expenditures) for exploration, development, or mining of the Property, to the extent
not otherwise described.

 

1.8       Costs
and expenses for the use of machinery, equipment and supplies, including inventory, required for acquisition, exploration, development,
mining and marketing activities; provided, however, that if the operator of the Property uses its own equipment, the charges shall be
no greater than on terms available from third parties in the vicinity of the Property.

 

1.9       Travel
expenses and expenses of transportation of employees, material, equipment and supplies necessary or convenient for the conduct of acquisition,
exploration, development, mining and marketing activities.

 

    17

     

    

 

1.10       All
payments to contractors, including payments for work on acquisition, exploration, development, mining and marketing activities.

 

1.11       Costs
of testing and analyses and any other costs incurred to determine the quality and quantity of minerals.

 

1.12       Costs
incurred in preparation and acquisition of environmental permits necessary to commence or complete the acquisition, exploration, development,
mining and marketing activities.

 

1.13       Costs
and expenses of maintenance of the Property.

 

1.14       Costs
and expenses of preparation of a feasibility study.

 

1.15       The
costs of any insurance premium or performance bonds required by law.

 

1.16       All
costs incurred for title curative work on, or for the benefit of, the Property.

 

1.17       Allowance
for overhead, general and administrative expenses and management fees.

 

1.18       Interest
on monies borrowed or advanced for the foregoing costs and expenses, at the actual borrowing rate, negotiated at arm’s length,
to the extent gross revenues sufficient to recover such expenditures have not been realized.

 

It
is intended that the operator of the Property shall recoup from net cash flow all contributions for exploration, development, mining,
and marketing minerals before any Net Profits are distributed to any person holding a Net Profits interest. No deduction shall be made
for income taxes. Depreciation, amortization or depletion shall not be charged or deducted, inasmuch as the cost of assets which would
generally give rise to such charges is directly recoverable to the full extent of their cost pursuant to this provision. If in any period
any negative net cash flow is incurred, then the amount of the negative net cash flow shall be considered as and be included with outstanding
costs and expenses and carried forward in determining Net Profits for subsequent periods. If minerals are processed by the operator of
the Property, or are sold to an affiliate of the operator, then, for purposes of calculating Net Profits, such minerals shall be deemed
to have been sold at a price equal to the greater of fair market value to arm's length purchasers FOB the concentrator for the Property
or actual price of sale to the affiliate, and Net Profits relative thereto shall be calculated without reference to any profits or losses
attributable to smelting or refining.

 

2.       Payment
of Net Profits. Payments of Net Profits shall commence in the calendar quarter next following the calendar quarter in which Net Profits
are first realized, and shall be made forty-five (45) days following the end of each calendar quarter during which Net Profits are realized,
and shall be subject to adjustment, if required, at the end of each calendar year. The recipient of such Net Profits payments shall have
the right to audit such payments once annually at its cost.

 

3.       Credits
for Recoupment. The operator shall deduct from any payments of Net Profits any and all amounts, costs or expenditures which the operator
is entitled to credit or recoup from the holder of a Net Profits Interest pursuant to the Agreement of which this Net Profits Calculation
is a part.

 

    18

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00335-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00335-of-00352.parquet"}]]