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May 18, 2017 <br />Mr. Frank Ferris <br />Mine Manager <br />New Horizon Mine <br />P.O. Box 628 <br />Nucla, CO 81424 <br />Dear Mr. Ferris, <br />Pursuant to Rule 3.03.2, Elk Ridge Mining and Reclamation, LLC (Elk Ridge) has applied for Phase III bond <br />release under the SL -19 application. This Phase Ill bond release application includes lands that are <br />owned by me. 1 have reviewed the Phase III bond release application and I also attended SL -19 bond <br />release inspection conducted by the Colorado Division of Reclamation, Mining, and Safety on August 16, <br />2016. <br />This letter serves as formal notification that approve and have no objections Elk Ridge Phase III bond <br />release application denoted as SL -19. I thank you for the opportunity to provide my concurrence on this <br />bond release application. <br />Sincerely, <br />14o;t AP4-- <br />Melvin Staats <br />LeaAnn Staats <br />