2023-12-13_BONDING - M2012032 ‎(2)‎

• Permit No: M2012032
• IBM Index Class Name: Bonding
• Doc Date: 12/13/2023
• Doc Name: SO Approval
• From: DRMS
• To: Thorin Resources LLC
• Type & Sequence: SO4
• Email Name: ACY
• Email Name: LJW
• Email Name: THM
• Media Type: D
• Archive: No

• 1000LORADO
-.d Division of Reclamation,
® Mining and Safety
Department of Natural Resources
December 13,2023
Thorin Resources, LLC
sent via email: [e-mail]
Re: Revenue Mine, Permit M-2012-032, Succession of Operators Approval,Revision
SO-4
Dear Sturges Karban:
On December 13,2023,the Division of Reclamation,Mining and Safety approved the succession
of operators from Ouray Silver Mines Inc. to Thorin Resources, LLC for this operation. Thorin
Resources, LLC is now the permitted operator of the Revenue Mine, and as such, is responsible
for all provisions in M-2012-032, as well as those specified in the Rules and Regulations. Ouray
Silver Mines Inc. is relieved of all responsibilities concerning this operation.
Please Note:
1. All of the application materials, as amended and supplemented, are an integral part of your
permit. They have been incorporated into the permit by reference. We presume that you
have a copy of all of these materials; therefore, none have been enclosed with this mailing.
We suggest that you keep a copy of the permit and the permit application at the mining
operation as a reference for operation personnel,to help ensure compliance with the terms of
the permit.
2. Changes in the mining and reclamation operations that differ from those described in the
permit may require a modification to the permit. We suggest consulting the Rules and
Regulations and/or contacting us to determine if a modification to the permit is necessary.
Rule 1.10 pertains to Amendments, Rule 1.9 to Technical Revisions, and Rule 1.11 to
Conversions.
3. On your permit anniversary date each year, you must submit an annual fee and annual report
to us. Please consult the Rules, Act, and your permit for specific requirements. Annual
reports, maps, and fees must be filed electronically using the Division's ePermitting portal.
If you have not done so already,you will need to sign up for electronic filing of your annual
report, map, and fee by visiting the Division's web site (https://drms.colorado.gov) clicking
on"ePermitting" on the home page, and then clicking on the "Sign up for Minerals Annual
Report Electronic Filing" link.
ti4 �
Physical Address: 1313 Sherman Street,Room 215,Denver, CO 30203 P 303.666.3567 F 303.832.8106 r^
:'.ailing Address: DRMS Room 215, 1001 E 62nd Ave,Denver,CO 80216 https:lfdrms.colorado.govf V
Jared S. Polis,Governor I Dan Gibbs, Executive Director I Michael A. Cunningham, Acting Director *� *y