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COLORADO <br />Division of Reclamation, <br />Mining and Safety <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />August 24, 2017 <br />David Badner <br />Gold Hill Minerals, Inc. <br />250 NW 231d St., - Unit 204 <br />Miami Beach, FL 33217 <br />RE: CORPORATE SURETY FOR BUENO MINING MILL, <br />DRMS FILE # P-2012-006 - NOTICE OF FORMAL BOARD HEARING FOR <br />FORFEITURE OF FINANCIAL WARRANTY <br />Dear Mr. Badner: <br />Your company holds the above -referenced Cash Bonds. On August 23, 2017, the Colorado Mined Land <br />Reclamation Board (Board) found these Financial warranties subject to forfeiture. Pursuant to C.R.S. <br />34-32.5-118(2), the Board is required to notify all Financial Warrantors when the Financial Warranty is <br />subject to forfeiture. The pertinent information for the Corporate Surety is: <br />Applicant: Gold Hill Minerals, Inc. <br />Cash Bond numbers: # <br /> <br />Amount: $2,000.00 and $16,500.00 <br />Date of Issuance: April 20, 2012, and July 9, 2012 <br />A Formal Public Hearing will be held for this matter during the September 27-28, 2017 Board meeting. <br />During the Hearing, the Board will consider confirming that the above -referenced Financial Warranty is <br />subject to forfeiture. The Board may consider issuing an order directing affected financial warrantors to <br />immediately deliver to the Board all amounts warranted by applicable financial warranties. The Hearing <br />will be held in Room 318 of 1313 Sherman Street, Denver, Colorado, beginning and 9:00 a.m. on <br />September 27, 2017 or as soon thereafter as the matter can be considered. You are welcome to attend <br />the 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, Camille Mojar at (303) 866-3567, extension 8136, on <br />Monday, September 25, 2017 to confirm the specific date for the Hearing. <br />1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us <br />John W. Hickentooper, Governor I Mike King, Executive Director I Virginia Brannon, Director <br />