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CEIVED EnergyFuelsResources (USA) Inc. <br />225UnionBlvd. Suite600 <br />Lakewood, CO, US, 80228C L3t ENERGYFUELS ! <br />f 0 20f 5 303-974-2140 <br />F., <br />is A!nmi <br />www.energyfuels.com <br />1,,,r <br />7G ;SAFETY <br />July9, 2015 <br />TravisMarshall <br />ColoradoDivisionofReclamation, MiningandSafety <br />101SouthP, Suite301 <br />GrandJunction, CO81501 <br />Transmittal: _ SecondQuarter2015HydrologicalReport, FileNo. M-2007-044, WhirlwindMine, Mesa <br />County, Colorado <br />DearMr. Marshall: <br />Attached <br />is theSecondQuarter2015 HydrologicalReportfor Energy FuelsResources (USA) Inc.'s <br />EFRI's") WhirlwindMine (the " <br />Mine"). ThisreportwaspreparedtocomplywiththeEnvironmental <br />ProtectionPlanapprovedbyDRMSandtheconditionssetforthinAttachmentBoftheBureauofLand <br />Management'sDecisionRecord, FindingofNoSignificantImpact, andFinalEnvironmentalAssessmentfor <br />theWhirlwindMineUraniumMiningProject, September2008. <br />Ifyouhaveanyquestionsorcomments, pleasedonothesitatetocontactmeat303-389-4167. <br />Yoursverytruly, <br />ENERGY UELS <br />SOURCES (USA) INC. <br />JaimeMasse <br />RegulatoryComplianceSpecialist <br />cc: <br />ScottGerwe, BLM <br />ScottBakken <br />KathyWeinel <br />David Turk