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Sco T WvEsTmEws,,L.L.0 <br /> 8301 E.Prentice Ave.,Suite#I O©,Greenwood village,C0 80I I I <br /> Telephone(303)659-5000•Telecopier(303)773-I I76 <br /> May 18, 2016 <br /> Mr. Peter S. Hays <br /> Ms.Barbara Coria <br /> Sent via email <br /> Re: Application for Transfer of Mineral Permit and Succession of Operators—S&H Mine— <br /> Pernlit No.M-2000-158 <br /> Dear Mr. Hays and Ms. Curia, <br /> Scout Investments,LLC (Scout) submitted an Application for'Transfer of Permit and Succession <br /> of Operators for the S&H Mine(Permit No. M-2000-158)that was received by the Division of <br /> Reclamation Mining and Safety(DRMS)on December 21,2015. On December 24, 2015,Scout <br /> Investments received a letter from the DBMS stating that we had failed to include our structure <br /> agreements with the operators on the property and were given a deadline of February 19, 2016 to <br /> complete the application. Since that time,Scout has diligently worked toward entering into <br /> agreements with all of the operators and easement owners on the property, <br /> On February 17, 2016, Mr_ Hays approved a request to extend the deadline for the application <br /> completion through April 19, 201& Mr. Hayes approved a subsequent request to extend.through <br /> May 19, 2016. <br /> Scout is awaiting signature from Noble Energy for the last letter,but respectfully requests an <br /> additional 30-day extension through Jute 19, 2016. <br /> Sincerely, <br /> Jaso VonLemb e <br /> ect Manag <br /> Scout Investments.LLC- <br />