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<br /> <br /> <br /> <br />November 7, 2022 <br /> <br />Mark Abrams <br />Viscount Colorado Holdings, LTD <br />275 Moonshine Circle <br />Reno, NV 89523 <br /> <br />Re: Kate Project - File No. P-2020-010 <br /> Viscount Colorado Holdings, LTD <br /> Surety Release Request (SL-1) <br /> Request for Release <br /> <br />Dear Mark Abrams: <br /> <br />On November 7, 2022 the Division of Reclamation, Mining and Safety concluded its review of the <br />Surety Release Request application submitted to the Division on October 6, 2022, addressing the <br />following: <br /> <br />Request for Release of NOI and Return of Financial Warranty <br /> <br />The decision reached by the Division is: Approve. <br /> <br />I am pleased to inform you that the Division of Reclamation Mining and Safety elected to release <br />Viscount Colorado Holdings, LTD from further responsibility for the Kate Project. This site is <br />released in its entirety. You should advise the issuer of your bond of this release by copy of this <br />letter. In accordance with Rule 5.3.5(2), the Division shall release the Performance Warranty and <br />Financial Warrant(ies) on file within thirty (30) days from this notice. The Performance Warranty <br />and Financial Warrant(ies) on file will be returned in separate correspondence from the Division. <br /> <br />The Mined Land Reclamation Board and the Division staff wish to commend Viscount Colorado <br />Holdings, LTD for your reclamation efforts and the resulting success. <br /> <br />If you have any questions, please contact me by telephone at (303) 866-3567 x 8140, or by email at <br />Eric.scott@state.co.us. <br /> <br />Sincerely, <br /> <br /> <br /> <br /> <br />Eric C. Scott <br />Environmental Protection Specialist <br /> <br />cc: Harald Hoegberg <br /> <br />P-GR-04