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P O Box 326, Canon City CO 81215 <br /> angela.« envalternatives corn <br /> Environmental 719-2 5 8951 <br /> L Alternatives, <br /> 16 Inc. <br /> • 2 a IV n <br /> Tim Cazier JUL 2 9 2022 <br /> CO DRMS DIVISION OF RECLAMATION, <br /> 1001 E. 62"a Avenue MINING &SAFETY-MINERALS <br /> Denver,CO 80216 <br /> RE: P-2013-002 and P-2020-002 Zephyr Gold USA Ltd <br /> Bond release and acreage reduction request <br /> Dear Mr. Cazier, <br /> Please accept on behalf of Zephyr Gold USA Ltd,this request for full release of P-2020-002 <br /> and acreage reduction of P-2013-002. The bond release accounts for reclamation of the 2020 <br /> exploration mining campaign disturbances.The acreage reduction includes reclamation of the <br /> Sentinel trenches and Windy Point trenches/roads for a total of 1.61 acres. In addition,Zephyr <br /> would like to reduce the number of exploration drill holes from 20 bonded holes to 2 bonded holes. <br /> NOI Permit Task# Task Description Date completed <br /> P-2020-002 100 Helicopter pad for P2020-002 9.10.2020 <br /> P-2020-002 2020 Campaign reclamation 9.10.2020 <br /> P-2013-002 Windy Point trenches/roads 5.3.2021 <br /> P-2013-002 Sentinel trenches 1.20 acres 9.7.2019 <br /> P-2013-002 010 18 Exploration Drill holes 9.10.2020 <br /> P-2013-002 04C 1640 linear feet of road 5.3.2021 <br /> P-2013-002 050 Revegetated 1.61 acres 5.3.2021 <br /> Zephyr is suspending exploration until such time as the mine permit is approved. The roads <br /> and two drill holes that remain bonded will be used after the mine is approved in order to conduct <br /> exploration outside the approved permit boundary. <br /> Feel free to contact me directly with any questions at(719)275-8951 or <br /> angela@envalternatives.com. <br /> Respectfully submitted, <br /> Angela M. Bellanto i <br /> Cc: L. Komperdo,W. Felderhof, D. Felderhof <br />