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COLORADO DIVISION OF RECLAMATION, MINING AND SAFETY <br /> : 76 1313 Sherman Street,Room 215,Denver,Colorado 80203 Phone(303)866-3567 <br /> TEMPORARY CESSATION NOTICE RECEIVED <br /> (mining activities temporarily cease for more than a one-year per )Z 12 016 <br /> Today's date:01/20/2016 DMWN OF IEcu noN <br /> Permit number: M- Site name: <br /> 1977-416 Carnation Mine MINIWAMSAFM <br /> County:San Miguel TC number: ORMS use only) <br /> Permittee making request: Pinon Ridge Mining, LLC <br /> Operator(if other than permittee): <br /> Date the initial five-year period of Temporary Cessation begins: Ap rl l 19, 2015 <br /> Reason mining activities (materials extraction,processing,h �3 <br /> Current market conditions of uranium and vanadiu ✓ <br /> ✓0 Volations <br /> Description of plan to resume operations: <br /> Operations will commence upon all required conditions being met. These conditions include: a favorable <br /> commodity market, proper approved permits, an adequate bond amount, and a notification to the Division. <br /> Description of plan to meet performance standards of Rule 3.1 during temporary cessation(reclamation,weed control, <br /> monitoring,signs,markers, etc.): <br /> Continued weed control, storm water and erosion control and management, safety measures, <br /> and any corrective action compliance required as the result of future Division inspections. <br /> Number of affected acres:9.8 <br /> Amount of financial warranty(bond)on deposit with the state: $22 2468.00 <br /> Required fees for Temporary Cessation by permit type(please mark the correct fee and submit it with this request <br /> for Temporary Cessation): <br /> Permit type Required TR fee Submitted(mark only one) <br /> Construction Materials $144 <br /> Hard Rock/Metal Mining $115 <br /> The above-references}permit has entefedJemporary Cessation. This site has reserves remaining to be mined. <br /> Operator's signature: ----- _ <br /> Please note: <br /> 1. While in Temporary Cessation, the operator must continue to comply with the Rules and Act, including <br /> maintaining the site, and must continue to file an annual report and annual fee. <br />