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OURAY SILVER MINES INC. <br />PO Box 564, 1900 Main Street, Unit 1, Ouray, Colorado, USA 81427 <br />Tel. 970-325-9830 - Fax. 970-325-9824 <br />August 24, 2015 <br />Ouray County <br />541 Fourth Street <br />PO Box C <br />Ouray, CO <br />81427 <br />Re: Structure Agreement <br />RECEIVED <br />SEP 0 8 201''' <br />t/ <br />This letter has been provided to you as the owner of a structure within two hundred (200) feet of <br />a mine site. The State of Colorado Division of Reclamation, Mining and Safety requires that where <br />a mining operation could potentially affect the stability of any significant, valuable and/or <br />permanent man-made structure located within two hundred (200) feet of the affected land, the <br />Applicant shall provide a notarized agreement between the two parties. <br />CR26 is within 200 feet of the Ouray Silver Mine. Ouray Silver Mines Inc. and the County of Ouray <br />have an existing Road Use Agreement with respect to CR26, therefore the aforesaid Road Use <br />Agreement and any Addendums will be incorporated into this Structure Agreement. <br />CERTIFICATION <br />The Applicant, Ouray Silver Mines Inc. b J- (print representatives name), as <br />koz:LCA . (representatives title), does hereby certify that The County of Ouray shall be <br />compensated for any damage from the proposed mining operation to the above listed structure that <br />is located within 200 feet of the mine site described within Exhibit A, of the Reclamation Permit <br />Application for the Ouray Silver Mine, File Number M-2012-032. <br />3929663.1 <br />