Form of General Warranty Deed

Exhibit 10.10

RECORDING REQUESTED BY

AND WHEN RECORDED RETURN TO:

Richard Fox

BMI Minerals Company

16640 Chesterfield Grove Road

Chesterfield, MO 63005

(Space Above For Recorder's Use)

GENERAL WARRANTY DEED

For good and valuable consideration, APPLIED MINERALS, INC., a Delaware corporation, with a mailing address of 1200 Silver City Road, PO Box 432, Eureka, Utah 84628 (“Grantor”) hereby grants and warrants to BMI MINERALS COMPANY, a Missouri corporation having its principal place of business at 16640 Chesterfield Grove Road, Suite 170, Chesterfield, MO 63005 (“Grantee”) the one hundred percent (100%) interest in and to the Iron Oxide Minerals and the Iron Oxide Rights together with any and all interests, rights and appurtenances thereto located on or within those certain patented and unpatented mining claims, located in Juab County, State of Utah, as more particularly described on attached Schedule A (the "Mining Claims"), TO HAVE AND TO HOLD the Iron Oxide Minerals and the Iron Oxide Rights, together with all tenements, hereditaments, and appurtenances thereunto belonging, unto the Grantee, and its successors and assigns, forever. Iron Oxide Minerals means the iron oxide within the Mining Claims but shall exclude iron oxide intermingled with any economically recoverable deposit of Halloysite. Iron Oxide Minerals do not include any iron oxide in surface piles of minerals described in Note 10 to the financial statements in the Annual Report on Form 10-K for the year ended December 31, 2020. The Iron Oxide Minerals and the Iron Oxide Rights are the dominant estate. Iron Oxide Rights means rights reasonably necessary or useful for (i) access to (ingress and egress) to the Mining Claims, exploration for, drilling, mining, crushing, permitting, producing, removing, processing, bagging, testing, analyzing, storing in bags, piles, or otherwise (including the creation of waste piles), handling treating, disposing, containing, selling, vehicle parking for third party suppliers and others, communications equipment used for, and shipping of Iron Oxide Minerals and non-Iron Oxide Minerals intermingled with Iron Oxide Minerals or whose removal is deemed by Grantee as necessary or desirable in order to accomplish any of the foregoing and (ii) the construction, repair, and/or use of buildings, sheds, fixtures, equipment, and personal property or similar in connection with any of the foregoing. To the extent that any of the Iron Oxide Rights may be deemed to be an easement, it is the intention of the Parties that such be deemed easements of necessity and to run with the land.

The undersigned represents and warrants that he/she has the right, power, legal capacity and authority to enter into and perform this General Warranty Deed. The undersigned further hereby acknowledges and affirms to the below named Notary Public that the undersigned appeared bef01'e such Notary Public and either executed this General Warranty Deed before such Notary Public or acknowledged to such Notary Public that the undersigned executed this General Warranty Deed, and that the undersigned executed this General Warranty Deed for the purposes stated in it.

DATED this _____day of July 2022

On the     day of July in the year 2022 before me, personally came Christopher Carney to me known, who, being by me duly sworn, did depose and say that he resides ________________ (if the place of residence is in a city, include the street and street number, if any, thereof); that he is the president of the Applied Minerals, Inc., the corporation described in and which executed the above instrument; that he signed his name(s) thereto by like authority of the board of directors of said corporation

Schedule A

Mining Claims

Unpatented Mining Claims:

Certain unpatented mining claims located in Juab County, State of Utah, as more particularly described as follows:

Patented Mining Claims:

Certain patented mining claims situated in Juab County, State of County, as more particularly described as follows:

Township 10 South, Range 2 West, SLBM