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Td® RECEIVED <br />DEC 2 2 2014 <br />DIVISION OF RECLAMATION <br />MINING AND SAFETY <br />Affidavit of Authority to Execute Financial Warranty Documents <br />Before me this day, the undersigned Luis Chavez [name of authorized <br />person], in his /her capacity as Assistant Secretary [title of authorized person] ( "Affiant "), <br />personally appeared and, being first duly sworn upon oath said: <br />1. This affidavit is being executed and submitted on behalf of GCC Rio Grande [name <br />of business organization], a(n) New Mexico [legal form of business organization, <br />e.g., corporation, partnership, limited liability company, etc.], in good standing in the State of Colorado (the <br />"Company "). <br />2. It is in the interest of the Company to execute certain financial warranty documents associated with file <br />number M- 2002 -004 (DRMS file number), which are required by the Colorado Mined Land <br />Reclamation Board and Division of Reclamation Mining and Safety pursuant to Colorado law ( "Financial <br />Warranty Documents "). <br />3. Affiant is duly authorized to sign such Financial Warranty Documents on behalf of the Company and to <br />bind the Company to the same. <br />4. Affiant is not prohibited or limited by the Company's governing documents or by any applicable law from <br />executing the Financial Warranty Documents. <br />5. Affiant will inform the Division of Reclamation Mining and Safety within thirty (30) days in the event that <br />his/her authorization to execute Financial Warranty Documents on the Company's behalf is terminated. <br />Further, Affiant sayeth not. <br />Luis Chavez <br />Affiant's Name <br />u!�'s <br />Signature <br />STATE OF <br />ss <br />COUNTY OF ) <br />4,h _b6fq <br />The foregoing instrument was acknowledged before me this �� day of <br />by LWI as of C G i AA. f <br />Notary Public <br />My Commission Expires 1:3§ 100 1 <br />JOAN M SEAM <br />NOTARY PUBLIC <br />STATE OF COLORW., <br />NOTARY 10.19974 <br />MY COMMISSION EXPIRES J . 2018 <br />