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Ouray Silver Mines, Inc. <br /> 1900 Main St. Unit 1 <br /> PO Box 564 <br /> Ouray, CO 81427 <br /> To: Colorado Division of Reclamation, Mining and Safety RECEIVED <br /> 1313 Sherman St. Room 215 <br /> Denver, Colorado 80203 t MAY 152017 <br /> From: Brian Briggs, CEO DIVISION OF RECLAMATION, <br /> Date: May 12, 2017 MINING&SAFETY-MINERAL8 <br /> Subject: Legal Description-Permit M-2012-032 FEE REPORT MAP <br /> On behalf of Ouray Silver Mines Inc. (OSMI) please find enclosed a copy of the Legal Description- <br /> ExhibitA that was submitted in AM-41.,n February 2015 by Fortune Revenue Silver Mines Inc. for <br /> Permit M-2012-032. We have highlighted the errors discovered in the legal description: (the Basis of <br /> Bearing between Rev A and Rev B, the first I"call of the metes and bounds as well as the distance) and <br /> noted the correct values below the highlighted values. Also included is the C-1 Map that was submitted in <br /> the February 2015 AM-01 submission. The corrected values on the legal description exactly match the <br /> values listed on the map. Our assumption is that they were not transferred correctly from the map to the <br /> legal description. <br /> Value Legal Description Value C-1 Map Value <br /> Basis of Bearing between Rev A and Rev B S84042'54" W,527.34' S80051'58"W,623.71' <br /> lst call of metes&bounds S79008'50" E,484.3056' S79°08'50"W,484.3 P <br /> If any additional information needs to be provided or submitted,please do not hesitate to call me with <br /> concerns or questions at 970-325-9830 xl01. <br /> Sincerely, <br /> Brian Briggs <br /> CEO, Ouray Silver Mines Inc. <br /> Phone: (970)325-9830 ♦ Fax: (970)325-9824 <br />