EXHIBIT 10.14
CORRESPONDS
(Seal)
*********************************AFFIDAVIT No. 132/96***************************
FOR THE TRANSFER OF LEASE CONTRACT WITH AN OPTION TO PURCHASE OF SEVERAL MINING
CONCESSIONS SUBSCRIBED BETWEEN MRS. MONICA DE PRUDENCIO, THE "MINERIA TECNICA
CONSULTORES ASOCIADOS" ("MINTEC S.A.") COMPANY AND "ASC BOLIVIA LDC".___________
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In La Paz city, at eleven forty five on June thirteen nineteen ninety six years;
before me, Lawyer MARIA ESTHER VALLEJOS H., SPECIAL NOTARY OF MINES AND
PETROLEUM and witnesses that are named and sign at the end, presented
themselves: Mrs. MONICA DE PRUDENCIO, with ID 089567 LP; Engineer JOHNNY DELGADO
ACHABAL representing MINERIA TECNICA CONSULTORES ASOCIADOS S.A. (MINTEC);
FERNANDO ROJAS B. representing ASC BOLIVIA LDC and Mr. LUIS PRUDENCIO TARDIO the
vendor's husband with ID 2022219 LP, all of full age, able by right, whose
identity I certify and said, that they agree to register as a public instrument
the writ presented to me together with: Power of Attorney No. 68/96, Power of
Attorney No. 157/96, ten payment receipts for mining licenses and a receipt for
a bank deposit, whose true transcript is as follows: --- W R I T.- Special
Notary of Mines and Petroleum. -- in the public deed registry under your charge,
please insert one on the transfer of a lease contract with an option to purchase
of mining concessions that are carried out with the following clauses. ---
FIRST.- BACKGROUND.- Through Affidavit No. 300 ("contract") issued on November
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7, 1994 by the Special Notary of Mines and Petroleum of this city, Mrs. Monica
de Prudencio ("vendor") granted in favor of the
Mineria Tecnica Consultores Asociados ("Mintec S.A.") a lease with an option to
purchase of the following mining concessions: --- 1.- "Santa Barbara de Jayula"
with 49 mining claims for exploitation, with Legal Title Deed No. 14 dated
December 19, 1990 duly registered in the Mining Registry and the Real Estate
Record Office.- 2.- "San Juan de Dios Segunda" with 18 mining claims for
exploitation, with Legal Title Deed No. 33 dated December 18, 1990 duly
registered in the Mining Registry and the Real Estate Record Office.- 3.- "San
Juan de Dios" with 8 mining claims for exploitation, with Legal Title Deed No.
32 dated December 18, 1990 duly registered in the Mining Registry and the Real
Estate Record Office.- 4.-"Casualidad" with 10 mining claims for exploitation,
with Legal Title Deed No. 38 dated December 24, 1990 duly registered in the
Mining Registry and the Real Estate Record Office.- 5.- "Los Perdidos" with 20
mining claims for exploitation, with Legal Title Deed No. 36 dated December 21,
1990 duly registered in the Mining Registry and the Real Estate Record Office.-
6.-"Sucesivas Don Jose" with 12 mining claims for exploitation, with Legal Title
Deed No. 31 dated December 17, 1990 duly registered in the Mining Registry and
the Real Estate Record Office.- 7.- "25 de Mayo Segunda" with 71 mining claims
for exploitation, with Legal Title Deed No. 30 dated December 17, 1990 duly
registered in the Mining Registry and the Real Estate Record Office.- 8.-
"Calamena Segunda" with 52 mining claims for exploitation, with Legal Title Deed
No. 37 dated December 21, 1990 duly registered in the Mining Registry and the
Real Estate Record Office.- 9.- "Halca" with 117 mining claims for exploitation,
with Legal Title Deed No. 35 dated December 19, 1990 duly registered in the
Mining Registry and the Real Estate Record Office.- 10.- "Don Jose" with 102
mining claims for exploitation, with Legal Title Deed No. 27 dated October 18,
1993 duly registered in the Mining Registry and the Real Estate Record Office.-
The aforementioned mining concessions are located in the San Cristobal County,
Nor Lipez Province, Department of Potosi.- - SECOND.- TRANSFERRAL.- Since it is
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convenient for the interests of the aforementioned hiring parties, Mintec S.A.,
covered by Articles 539 and following of the Civil Code, transfers the contract
in favor of the ASC BOLIVIA LDC company.- -- Thus, as of the date of this writ
ASC BOLIVIA LDC takes on all the rights and obligations of
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Mintec S.A. stated in the contract, and the Vendor recognizes in favor of ASC
BOLIVIA LDC, with an exclusive and irrevocable character, the lease and the
option to purchase the mining concessions described in the first clause of this
contract, including its uses, practices and servitudes, without any limitation,
except for that stated in the Contract, which remains in force and with full
legal validity between the Vendor and ASC BOLIVIA LDC and in everything that is
not contradictory to this contract.- - THIRD.- GUARANTEE OF FULFILMENT.- Mintec
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S.A., as the original option holder in the lease contract with an option to
purchase subscribed with the Vendor on November 7, 1994, as certified by
Affidavit No. 300 issued by the Special Notary of Mines and Petroleum,
guarantees the faithful observance of every and all the obligations acquired
under such contract, as well as all and each one of the obligations acquired
under this contract by ASC BOLIVIA LDC.- - FOURTH.- EXPENSES AND REGISTRATIONS.-
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All the expenses including notary charges and other registrations will be paid
by ASC BOLIVIA LDC.- - FIFTH.- ACCEPTANCE.- I, Luis Prudencio Tardio, as the
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Vendor's husband, give my full consent to this contract.- - SIXTH.- ACCEPTANCE.-
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We, Monica de Prudencio on one side, and, on the other, Johnny Delgado on behalf
and representation of Mineria Tecnica Consultores Asociados S.A. (Mintec) and
Fernando Rojas on behalf and representation of ASC BOLIVIA LDC, according to
powers that you, the Notary, will insert, give our full consent to all and each
one of the previous clauses of this writ that will have the value of a private
contract until it is converted into a public deed by you, the Notary. ---- La
Paz, April 17, 1996. --- Signed.- Monica de Prudencio ID 089567 LP. -- Signed.-
Luis Prudencio Tardio ID 2022219 LP.- --- Signed.- Mineria Tecnica Consultores
Asociados S.A. (Mintec) p.p. Johnny Delgado. --- Signed.- ASC BOLIVIA LDC pp.
Fernando Rojas. --- Signed.- FERNANDO ROJAS H., LAWYER, RUC 2475618, M.C.A.
001804, P.M. 37355.
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