Common use of Acquisitions Within Area of Interest Clause in Contracts

Acquisitions Within Area of Interest. 9.1 ACQUISITION WITHIN AREA OF INTEREST --------------------------------------- There shall be an Area of Interest (AOI) consisting of one (1) miles beyond the boundary of the MGE Claims as specified in Section 1 and Exhibit "A" and shown on Exhibit "C", whereby WG or its Affiliates (the Acquiring Party) acquiring any Interest, including without limitation, any Metals, minerals, surface or water rights or Metal Interests, Metal Products, Ores within the AOI shall be required to include one hundred percent (100%) of such Interest in the Lands to this Agreement, and made subject to this Agreement under the same terms and conditions as the acquisition of such Metal Interest by the Acquiring Party. If MGE is the Acquiring Party of such Metal Interest in the Area of Interest, such interest shall be required to offer one hundred percent (100%) to WG for the benefit of the Property. If WG does not elect within sixty (60) days of receiving a written notice from MGE to have the Metal Interest and the area or Lands recommended to be included in the Property, MGE shall have the exclusive rights, title and interests to acquire all Interests to the area or Lands recommended and submitted to WG.

Acquisitions Within Area of Interest. 9.1 ACQUISITION WITHIN AREA OF INTEREST --------------------------------------- ----------------------------------- There shall be an Area of Interest (AOI) consisting of one (appurtenant to this Agreement which shall be defined as the following area: sections 1) miles beyond the boundary of the MGE Claims -3, 10-14 T26N R34E and sections 6, 7 and 18 T 26N R35E. as specified in Section 1 and Exhibit "A" and shown on Exhibit "C", whereby WG or its . ▇▇ ▇▇ ▇▇ ▇▇▇ Affiliates (the Acquiring Party) acquiring any Interest, including without limitation, any Metals, minerals, surface or water rights or Metal Interests, Metal Products, Ores within the AOI shall be required to include one hundred percent (100%) of such Interest in the Lands to this Agreement, and made subject to this Agreement under the same terms and conditions as the acquisition of such Metal Interest by the Acquiring Party. If MGE MGE-IW is the Acquiring Party of such Metal Interest in the Area of Interest, such interest shall be required to offer one hundred percent (100%) to WG for the benefit of the Property. If WG does not elect within sixty (60) days of receiving a written notice from MGE MGE-IW to have the Metal Interest and the area or Lands recommended to be included in the Property, MGE MGE-IW shall have the exclusive rights, title and interests to acquire all Interests to the area or Lands recommended and submitted to WG.