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AUMM COLORADO <br /> Division of Reclamation, ✓ <br /> A&V Mining and Safety <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 215 <br /> Denver, CO 80203 <br /> September 17, 2014 <br /> Dana J. Caccamise II <br /> ✓Sierta LLC <br /> 1040 Cross Country Dr. <br /> Columbus, OH 43235 <br /> RE: Red Cone; DRMS File No. P-2014-003; Financial Warranty Acceptance and <br /> Approval to Commence Prospecting <br /> Dear Mr. Caccamise, <br /> On September 17, 2014, the Division of Reclamation, Mining and Safety(Division) applied <br /> funds from the One Site Prospecting Financial Warranty Check for Deposit in State Treasury, <br /> Bond No. 3266, in the amount of$3,772.00, for File No. P-2014-003. The reclamation liability <br /> amount for this site is $5,772.00. <br /> Therefore, final approval from the Division for your Notice of Intent to Conduct <br /> Prospecting (NOI) at the Red Cone site is hereby granted and you may commence <br /> operations at this site pending the appeal period described below. However, if your <br /> operation is located on Federal surface or is accessing Federal minerals, you will also need <br /> to obtain a permit from the Federal government prior to commencement of operations. <br /> Pursuant to Rule 5.1.3(d)(iv), the Division's determination will not take effect until the <br /> expiration of the five business days allowed for an appeal, or, in the case of an appeal, until <br /> the Mined Land Reclamation Board issues its decision. <br /> Also, in accordance with Rule 5.6, an Annual Report and associated fee of$86.00 per site must <br /> be submitted on your notice approval anniversary date for each year following the filing of an <br /> NOI until reclamation responsibility release is granted. In addition, Rule 5.3.4 requires the <br /> prospector to notify the Division of completion of prospecting operations and Rule 5.7 requires <br /> the submittal of a final report for drill holes within 60 days of completion of the abandonment <br /> for artesian flow holes and within one year of completion of the abandonment for any other drill <br /> holes. (Form enclosed and also available on the DRMS website at http://mining.state.co.us) <br /> of <br /> o <br /> 1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us I * ",•° <br /> .,.�., ,k <br /> John W. Hickentooper,Governor I Mike King, Executive Director ( Virginia Brannon, Director <br />