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4¢a- ZIEW, <br /> 1313 Sherman Street, Room 215 <br /> Denver, CO 80203 <br /> October 2, 2014 <br /> Kenneth Schaaf <br /> ITC Resources, LLC <br /> 135 Meeker St. <br /> Delta, CO 81416 <br /> Re: Vulcan Exploration, Honey Badger Project,NOI File No. P-2014-017,Deficiencies in NOI <br /> Application <br /> Dear Mr. Schaaf, <br /> The Divison has been reviewing the Vulcan Exploration NOI application,and has noted several items that <br /> are deficient. Until these deficiencies are corrected,the NOI cannot be approved. On August 19, 2014, 1 <br /> wrote to your office in regard to some of these items. No response has been received yet, so I have <br /> repeated this list of questions and concerns below. Please respond to each item. <br /> 1. The pages making up the Form 1 (confidential packet)are a mixture of pages from Form 1 and <br /> Form 2, according to the label at the top of each page. The Form 2 packet looks OK in this <br /> regard, since those pages are all from Form 2. Please provide a full set of Form 1 application <br /> pages, and ensure they are all from Form 1. <br /> 2. There are no initials on the page right before the signature. Please ensure that the Form 1 <br /> replacement packet(requested above) is initialed and signed properly. <br /> 3. The drill hole locations noted under"site/claim info" says they are in T45N,although they are in <br /> T47N. Please provide a corrected version. <br /> 4. Why is there no page 5 in either the Form 1 or Form 2 packet? <br /> 5. The first page of both packets names this project as"Vulcan Exploration." Is this the correct <br /> project name,or is it the"Honey Badger Project"? <br /> 6. The bond document that is required to accompany the check is called "One Site Prospecting <br /> Financial Warranty on BLM Land Check for Deposit." <br /> 7. The Form W-9 needs to be signed by the same party who provided the check(the check received <br /> was from Ken's account). <br /> 8. The"Affidavit of Authority"form needs to be signed by same party who signs the One Site BLM <br /> Financial Warranty form. <br /> 0 0 <br /> 1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http://mining,,state.co.us <br /> John W.Hickenlooper, Govemor I Mike King, Executive Director I Virginia Brannon, Director \$�� <br />