Even more PROOF Bandera Gold is a SCAM! Daniel Cuartas Tamayo

Letter from Daniel Cuartas Tamayo, Director of Minera San Jorge (MSJ) to Kelvin Williams, President of Bandera Gold Ltd., dated July 24, 2007. In this letter Daniel Cuartas Tamayo is accusing Bandera Gold of not living up to its contractual obligations.

Daniel Cuartas Tamayo also signed with Bandera Gold Ltd. for the Belmira property in Colombia, same guy that signed the letter to Bandera Gold Ltd. claiming they did not honor contract. Funny how Bandera Gold only has two claims on properties, one in Mexico and one in Colombia and both are linked to George Barnett Salazar and MSJ in every way.

BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: October 26, 2004
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Heads of Agreement dated October
19, 2004 between Nueva California S.A. (Daniel Cuartas Tamayo), Geosermin S.A.
(Daniel Cuartas Tama) (collectively the 'Vendors') and the Company whereby the
Company has been granted an option to acquire an 80% interest in the Belmira
gold-silver project located in Columbia. Consideration over four years is a
cash payment of US$30,000, the assumption of Nueva'a obligations under an
underlying agreement of US$250,000 and the issuance of a total of 2,000,000
shares to the Vendors (1,500,000 shares to Nueva and 500,000 shares to

The agreement also provides for bonus shares to be issued once project
financing is arranged for commercial production. Any proposed bonus shares
payable will be subject to further Exchange review and acceptance.

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