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State of Colorado �� �.,.� <br /> Division of Reclamation, Mining and Safetyr � <br /> 1313 Sherman St., Room 215 <br /> Denver, Colorado, 80203 N�i�i 4i <br /> 17th November 2021 C SION OF R�CIAMAY�ON <br /> MINING&SAFE <br /> Attention: Tim Cazier <br /> Re: Notice of Intent to Conduct Prospecting Operations for Hard Rock/Metal Mines <br /> Tim, <br /> On behalf of Usuran Resource Limited(the Company)we would like to apply for a Notice <br /> of Intent to Conduct Prospecting Operations (NOI). We have included this cover letter in <br /> support of the application in order to cover more detailed responses to parts of the <br /> application. If the Company can acquire all of the required permits, we aim to commence <br /> drilling in early to mid-2022. The company will also be required to go through the <br /> permitting process with Fremont County and is therefore requesting the approval for <br /> sufficient drill holes to cover an extended program should initial results prove successful. <br /> The Company has Mineral Leases with two private landholders in the district; the land <br /> where all exploration is proposed is entirely within private surface and mineral estates,the <br /> Company has no unpatented mining claims within this NOI application area(see attached <br /> map: Proposed Drilling Area). Therefore, the Company believes there is no requirement <br /> to contact BLM, USFS or other Federal agencies. <br /> The majority of the proposed drilling area is on land with private mineral rights however, <br /> there is some split estate land; the BLM owns these mineral rights and the lessee's with <br /> whom Usuran has the lease agreements own the surface, the Company does not own any <br /> mining claims in the area so will not be drilling in these areas. <br /> The company intends to review the entire area as part of this prospecting operation and <br /> these activities will be restricted to surface mapping and sampling. Drilling will be largely <br /> restricted to areas where previous drilling occurred, that is the central part of the property <br /> (see attached map: Proposed Drilling Area). The Company is currently planning to drill <br /> approximately 60 holes in the area over the next 4 years mainly proximal to where the <br /> historical drilling was carried out in the 1970's and 2000's, the area has an excellent <br /> network of existing tracks and open grassy paddock and will require very little new tracks. <br /> As per our phone discussion today (I 7th November, 2021) the final locations of the drill <br /> holes to be undertaken has not been determined. The attached map shows the <br /> concentration of historic drilling and the general area in which we will drill; operations <br /> are likely to be conducted in areas that correspond to those that have the highest density <br /> Usuran Resources Limited <br /> 242 Linden St, Fort Collins CO 80465 <br />