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RIO GRANDE <br />SILVEfZ, INC. <br />June 11, 2015 <br />Colorado Department of Natural Resources <br />Division of Reclamation, Mining, and Safety <br />Attention: Minerals Program <br />1313 Sherman Street, Suite 215 <br />Denver, Colorado 80203-2273 <br />RE: NOI P-2010-014, Bulldog Project <br />Annual Exploration and Reclamation Report; Payment of Annual Fee <br />Minerals Program, <br />Enclosed is a summary of exploration and reclamation activities and associated maps, the annual <br />report form, and payment of annual fee for NOI #P-2010-014, Bulldog Project. <br />Rio Grande Silver has no plans to perform exploration under this permit in 2015, but would like <br />to leave this NOI open for future exploration in 2016-2017. <br />Please call me at 719-658-1080 ext. 2701 if you have questions. <br />Best Regards, <br />/iwiw� fl/�C(w. <br />Randy McClure <br />General Manager <br />Rio Grande Silver, Inc. <br />625 USFS Road 504.1A <br />Creede, CO 81130 <br />(719) 658-1080 ext. 2701 <br />rmcclure(a-),hecla-mining.com <br />625 USFS Road 504.1A P.O. Box 610 Creede, CO 81130 <br />719-658-1080 Fax 719-658-1082 <br />