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L�Jiu) <br /> RECEIVED <br /> JUL 05 2017 <br /> i600 North Oak Street <br /> RUNNING SUN DIVISION OF RECLAMATION Su='te '225 <br /> MINING AND SAFETY Arlington VA 22:209 <br /> ADVISORY SERVICES LLC f202, 460-5059 <br /> i v n c h-"'C-ti.3i1tlItIgSff41.u()rl' <br /> 28 June 2017 <br /> Lucas West <br /> Environmental Protection Specialist <br /> Division of Reclamation Mining and Safety <br /> 1313 Sherman Street, Room 215 <br /> Denver, CO 80203 <br /> Re: Withdrawal and Termination of Oyama Tunnel Exploration Project NOI, P-2011-032 <br /> Dear Mr. West: <br /> I refer to your letter dated 26 April 2017 addressed to our permitting consultant, Mike <br /> Thompson, and to your subsequent informal discussion with Mike, where you indicated that <br /> the Division would not allow us to conduct the underground operations contemplated by the <br /> subject NOI even if we addressed the deficiency issues referred to in the April 26th letter. <br /> Since the sole purpose of NOI was to conduct these underground operations, there is no <br /> reason to attempt to address the noted deficiencies, or to maintain the NOI. <br /> Please accept this letter as a formal withdrawal and termination of NOI P-2011-032. The <br /> Financial Warranty was previously assigned to Roger Stern. In due course, please transfer the <br /> underlying funds to Mr. Stern pursuant to the assignment. <br /> When we are ready to proceed with underground operations, we will apply to the Division for <br /> permission in accordance with then current requirements. <br /> Sincerely, <br /> -; le��4-o'�4 <br /> Maurice Lynch, President Running Sun Advisory Services, LLC <br /> Cc: Mike Thompson, Reardon Steel LLC <br />