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R10GRANDE <br /> SILVER, INC. <br /> December 15, 2014 <br /> Colorado Division of Reclamation, Mining, and Safety <br /> Attention: Minerals Program <br /> 1313 Sherman St., Room 215 <br /> Denver, CO 80203-2273 <br /> RE: 2014 Annual Report for Bulldog Mine Operation, Permit No M-1977-215 <br /> Interim Waste Rock Characterization Summary <br /> Dear Minerals Program, <br /> As stated in the October 16, 2014 Annual Report, Rio Grande Silver (RGS) is <br /> submitting an interim Waste Rock Characterization Summary for waste rock that has <br /> been placed on the surface from the excavation of the Bulldog 9400 Level decline. <br /> Enclosed is one copy of the Waste Rock Characterization Summary, a second copy <br /> has been mailed to Bob Oswald in the Durango Office. A final summary will be <br /> submitted once the ongoing Humidity Cell testing is completed and will be included in <br /> Permit No. M1977-215 Amendment AM-02, Exhibit U of the Bulldog Environmental <br /> Protection Plan. <br /> Please call or email if you have any questions. <br /> Best Regards, <br /> Randy McClure <br /> General Manager <br /> ®IL1Eit ER.INC'ANI)li <br /> ti11.V0 . <br /> PO Box 610 <br /> 625 USFS Road 504.IA <br /> Creede, CO 81130 <br /> ph: 719.658.1080 ext 2701 <br /> cell:970.317.5355 <br /> fax: 719.658.1082 <br /> rmcclurena hecla-mininq.corn <br /> 625 USFS Road 504.1A P.O. Box 610 Creede, CO 81130 <br /> 719-658-1080 Fax 719-658-1082 <br />