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aCOLORADO <br /> Division of Reclamation, <br /> Mining and Safety <br /> Department of Natural Resources <br /> October 15,2021 <br /> Mr. Gus Gaviotis <br /> Cotter Corporation <br /> 7800 E. Dorado Place, Ste 210 <br /> Englewood,CO 80111 <br /> Re: Permit No.M-1977-284 Mineral Joe Claims <br /> Succession of Operators Approval,Revision SO-3 <br /> Dear Mr. Gaviotis, <br /> On October 14, 2021 the Division of Reclamation, Mining and Safety approved the succession of operator <br /> from Cotter Corporation to Highbury Resources Inc. for this operation. Highbury Resources Inc. is now the <br /> permitted operator of Mineral Joe Claims,and as such,is responsible for all provisions in M-1977-284 as well <br /> as those specified in the Rules and Regulations. <br /> Westchester Fire Insurance Co.bond number K07040489 in the amount of$35,167.30 is now released in its <br /> entirety. You should alert your warrantor by copy of this letter. Please note State Treasury is currently closed <br /> for the month of October for an audit. Once your original paper documents can be retrieved from Treasury, <br /> they will be sent back to you for your records. <br /> If you have any questions,please contact me at Sara.stevenson-bennstate.co.us. <br /> Sincerel <br /> Sara Stevenson-Been <br /> Financial Warranty Specialist <br /> Cc: Dustin Czapla,Environmental Protection Specialist <br /> QF'Coro <br /> 1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http:l/mining.state.co.us <br /> Jared S.Potis,Governor i Dan Gibbs, Executive Director i Virginia Brannon, Director `f 1876 <br />