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'-. t I% - <br />Dianna <br />- <br />Dianna Stoopnikoff, Fortune Revenue Silver Mines <br />Liberty Mine NOI <br />November 26, 2014 <br />Page 2 <br />The required bond amount that is currently posted is $17,962.00. The updated bond amount from <br />the new estimate is $17,333.90. The detailed breakdown of all the updated costs for the NOI is <br />included in the enclosed packet. <br />To eliminate the existing NOI, and allow only Fortune Revenue Silver Mines on the site, it will be <br />necessary for Fortune Revenue Silver Mines either to (1) provide an NOI application which covers all <br />existing disturbance and a bond for the total amount, or (2) bring the site into the Revenue Mine permit <br />(permit no. M-2012-032) through a permit amendment. After either the new NOI is approved and the <br />bond is accepted, or the area has been amended to the Revenue Mine permit, the existing NOI may be <br />terminated and the current operator released. <br />Please review the enclosed packet and contact me if there are questions. <br />The application packet for new NOIs can be found on our website: bW://mininA.state.co.0 . Likewise, <br />prospecting financial warranty (bond) forms may be found online also. <br />Please feel free to contact me if there are further questions, at 970-247-5193, or 303-866-3567 ext 8175; <br />or email bob.oswaldna.state.co.us. <br />Sincerely, <br />Bob Oswald <br />Environmental Protection Specialist <br />Encl: Updated bond calculation for Liberty Mine NOI (11/25/14) <br />Ec(w/encl): Russ Means, DRMS, Grand Junction <br />John Trujillo, Fortune Revenue Silver Mines (via email) <br />Greg Lewicki, Greg Lewicki and Assoc. (via email) <br />(c:1i4-11 docsUberty NOI FW amUrco) <br />