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QR�Department of Energy <br />1r Office of Legacy Management <br />�RWOI <br />January 5, 2011 <br />Mr. Rich Ziegler, Vice President <br />Golden Eagle Uranium, LLC <br />6767 South Spruce Street, Suite 100 <br />Centennial, CO 80112 <br />OLM -LEK- 2011 -004 <br />Subject: Reclamation Performance Bonds for Lease Tracts C- SR -15A and C -WM -17 <br />Dear Mr. Ziegler: <br />The U.S. Department of Energy (DOE) herein acknowledges receipt of the subject reclamation <br />performance bonds; specifically, Cashier's Check No. 6394702461 in the amount of $5,000.00 <br />for Lease Tract C- SR -15A, and Cashier's Check No. 6394702462 in the amount of $5,000.00 for <br />Lease Tract C- WM -17. Golden Eagle Uranium, LLC, has now satisfied the bond stipulation <br />outlined in DOE's July 20, 2010, approval letter and may proceed with the proposed exploratory <br />drilling activities. Please provide DOE with your proposed schedule for the initiation of these <br />activities at your earliest opportunity. Depending on your proposed schedule, there may be <br />resource conflicts (stipulated periods of inactivity associated with big game winter range/habitat <br />and raptor nesting season) that need to be addressed. <br />Please contact me at (720) 880 -4338, or Ed Cotter of my contractor staff at (970) 248 -6056, <br />should you have questions concerning this matter. <br />Sincerely, <br />ura E. Kilpatri , Esq. <br />Realty Officer <br />cc: Project File (E. Cotter) <br />2597 B 3/4 Road Grand Junction CO 81503 0 99 Research Park Road, Morgantown, WV 26505 <br />1000 Independence Ave. S.W. Washington DC 20585 ❑ 11025 Dover St., Suite 1000, Westminster, CO 80021 <br />10995 Hamilton - Cleves Highway Harrison OH 45030 ❑ 955 Mound Road, Miamisburg, OH 45342 <br />232 Enerav Way. N. Las Veaas, NV 89030 ❑ <br />REPLY TO: <br />