CONVERTIBLE PROMISSORY NOTE ISSUED TO LEE FAMILY PARTNERSHIP

Convertible Promissory Note

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This Convertible Promissory Note involves

LEE FAMILY PARTNERSHIP | PARK-PREMIER MINING COMPANY

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Title: CONVERTIBLE PROMISSORY NOTE ISSUED TO LEE FAMILY PARTNERSHIP
Governing Law: Colorado Date: 12/18/2007

EXHIBIT 10.12

CONVERTIBLE PROMISSORY NOTE ISSUED TO LEE FAMILY PARTNERSHIP

DATED JANUARY 1, 2004

CONVERTIBLE PROMISSORY NOTE

$17,775.89 Denver, Colorado

January 1, 2004

FOR VALUE RECEIVED, PARK-PREMIER MINING COMPANY, a Utah corporation (the “Maker”), herby promises to pay to the order of Lee Family (the “Holder”), the principal sum of Seventeen Thousand Seven Hundred Seventy-five and 89/100 US Dollars ($17,775.89), together with interest on the unpaid balance at the rate of Twelve Percent (12%) per annum, on or before January 1, 2007, subject to conversion as described below. Accrued interest will be added to the principal of the note on each annual anniversary date if not paid.

This Note may be converted into shares of Maker’s common stock at the conversion price of $.10

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