5. After the Expenditures, the Initial, 10% Option and Final Consideration Payment requirements are met by Eagle Hill, the Company will then have three (3) years to either complete the BFS or take the project to production. If Eagle Hill does not complete a BFS or take the project to production, then the Optionor will have the option to purchase back the 75% of the Windfall Lake Property, within that three year period from Eagle Hill for $6.0 million;

6. At the time of completed BFS or the project has commenced production, the Optionor will have a ninety (90) day option to either:

(a) convert all of its interest for a 2% net smelter royalty ("NSR"); or

(b) retain a 25% interest in the Windfall Lake Property and be responsible for its pro rata costs to go into production and will receive $11.9 million from production after capital expenditures are repaid and after interest and all operating expenses are made.

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http://newsblaze.com/story/2009072105040700003.cc/topstory.html