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DN <br />IF*JO% <br />/October 29, 2014 <br />COLORADO <br />Division of Reclamation, <br />Mining and Safety <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Kenneth Schaaf <br />VITC Resources, LLC <br />PO Box 563 <br />Delta, CO 81416 <br />i- ti D ! <br />p.xalp►-017 <br />Re: Honey Badger - Vulcan Exploration Project, NOI No. P- 2014 -017, All Deficiencies Addressed, <br />Financial Warranty Accepted <br />Dear Mr. Schaaf, <br />The Division of Reclamation, Mining and Safety (Division) has received the final necessary financial <br />warranty documents that were submitted by you on behalf of the Applicant, Honey Badger Resources, <br />LLC, and has found that there are no further deficiencies with this prospecting NOI. This finding is <br />effective as of the date of this letter. <br />The Division has estimated the reclamation costs for this project, and considers the $2,000 bond provided <br />to be sufficient. Please see the enclosed packet of reclamation costs and notify me promptly if you notice <br />any errors or omissions. <br />The Division finds the financial warranty acceptable and sufficient, and the NOI is fully approved. <br />This is your notice that prospecting activity may commence. <br />Please provide copy of this letter and enclosed packet of reclamation costs to the Applicant. If you have <br />any questions, I may be reached by telephone: 303 -866 -3567 ext. 8175, or 970 -247 -5193; or by email: <br />bob.oswaldQstate.co.us. All additional documents or correspondence should be mailed to the Division's <br />Denver office (see address shown on this page). <br />Sincerely, <br />U C9 a'I'Wit <br />Bob Oswald <br />Environmental Protection Specialist <br />Encl: packet of reclamation costs (10/24/14) <br />Ec(w /o encl): Russ Means, DRMS Grand Junction <br />KBarbara Coria, DRMS Denver <br />Ec(w /encl): Dave Lazorchak, BLM Gunnison <br />(014 -10 docs\P2014017 Appr &FW /rco) <br />.oe • co,o� <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. Hickentooper, Governor I Mike King, Executive Director I Virginia Brannon, Director <br />