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Notice of Formal Board Hearing for Forfeiture of Financial Warranty <br /> DRMS File#P-2011-024—Powderhorn Project Exploration Drilling Program <br /> December 7,2016 <br /> page 2 <br /> January 25, 2017 or as soon thereafter as the matter can be considered. You are Welcome to attend the <br /> Hearing. <br /> The Board's Agenda may not be finalized until the Week of the Board meeting. Therefore, We <br /> recommend you contact the Board Secretary, Camie Mojar at (303)-866-3567 extension 8136, on <br /> Monday, January 23, 2017 to confirm the specific date for the Hearing. <br /> If you have any questions about this letter or the Hearing, please contact Dustin Czapla at (970)-243- <br /> 6299. If you have questions regarding the financial Warranty, please contact Barbara Coria at (303)- <br /> 866-3567, extension 8148. <br /> Sincerely, <br /> Tony aldron <br /> Mineral Program Supervisor <br /> CERTIFIED MAIL 7014 0150 0000 9138 3705 <br /> Return Receipt Requested <br /> cc: Dustin Czapla, Environmental Protection Specialist, GJFO <br /> Russ Means, GJFO <br /> Tony Waldron, DRMS <br /> Colorado Rare Earths <br /> CERTIFIED MAIL— 7014 2120 0001 7885 2790 <br /> Return Receipt Requested <br />