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COLORADO <br />Division of Reclamation, <br />Mining and Safety <br />Department of Natural Resources <br />1313 Sherman St. Room 215 <br />Denver, CO 80203 <br />July 1, 2015 <br />Mark A. Steen <br />AGC Resources, LLC <br />P.O. Box 1523 <br />Longmont, CO 80502 <br />RECEIVED <br />OCT 0 9 2015 <br />DIVISION OF RECLAMATION <br />MINING & SAFETY <br />AGC Front Range Gold Project, Permit P-2010-018, Annual Fee Invoice and Report Request <br />PLEASE READ CAREFULLY — ACTION REQUIRED <br />Please attach N our COMPLETED written Annual Report and Annual Report Map to this form <br />Under the terms of your NOI and Colorado Statutes, you must submit an Annual Fee and Annual Report <br />(including a map). You must pay the Annual Fee and submit an Annual Report each year until reclamation <br />responsibility release is granted. The Annual Fee is not a renewal fee. The Fee and Report are for LAST <br />YEAR'S exploration and reclamation season, and MUST be paid even if your operation was inactive. <br />The Annual Report and Fee requirement will be considered submitted when we have received the <br />following components: <br />1. ANNUAL FEE ($86) <br />2. COMPLETED ANNUAL REPORT <br />3. ASSOCIATED MAP as required by rule <br />If you have requested reclamation responsibility release from the Division of Reclamation, Mining and Safety <br />("Division") but your permit is not released by the anniversary date listed below, the Annual Fee MUST be <br />paid. If the permit is released before the anniversary date, then by Statute, it is not necessary to pay an Annual <br />Fee or submit an Annual Report for that year. Division records indicate the $86.00 fee is due for the following <br />NOI(s) on or before the Anniversary Date: <br />Permit: P-2010-018 <br />Operation Name: AGC Front Range Gold Project <br />Anniversary Date: August 23, 2015 <br />Return the enclosed Annual Report FORM, a MAP, and a CHECK or MONEY ORDER made payable to: <br />Division of Reclamation, Mining and Safety, 1313 Sherman St., Room 215, Denver, CO 80203. If your records <br />indicate these documents and fees have already been submitted, please notify the Division. <br />1313 Sherman St. Room 215 Denver, CO 80203 P (303) 866-3567 F <br />John W. Hickenlooper, Governor I Mike King, Executive Director ( Loretta E. Pineda, Director <br />