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COLORADO <br /> Cg in.0 Division of Reclamation, <br /> Mining and Safety <br /> Department of Natural Resources <br /> April 11, 2024 <br /> Mr. Rob Duncan <br /> Tarsis Resources US Inc. <br /> 241 Ridge St. Suite 210 <br /> Reno, NV 89501 <br /> Re: Stateline Exploratory Drilling Project, File No. P-2023-005 <br /> Financial and/or Performance Warranty Required <br /> Dear Mr. Duncan : <br /> The Mined Land Reclamation Board(Board)has directed the Division of Reclamation,Mining <br /> and Safety (Division) to remind applicants when they have not posted the required financial <br /> warranty and/or the performance warranty within nine months of the application approval date. <br /> Pursuant to the Act, no permit may be issued until the Board or Office receives and approves <br /> the performance and financial warranties. <br /> As of the date of this notice, our records indicate that you have not posted the required <br /> Financial Warranty and Performance Warranty for your approved Mined Land <br /> Reclamation Board application, File No. P-2023-005. In accordance with Rule 41(2) of <br /> the Mineral Rules and Regulations of the Colorado Mined Land Reclamation Board for <br /> Hard Rock,Metal, and Designated Mining Operations,no permit may be issued until the <br /> Board or Office receives and approves the Performance and Financial Warranties <br /> required herein. If these warranties are not posted by May 2, 2024 (365 days from the <br /> date your application was approved),you will be scheduled for a Formal Board Hearing, <br /> in accordance with the notification and comment provisions of Rule 1.6,to reconsider the <br /> previous application approval. If the Board affirms the original application approval, <br /> the Board shall establish a new deadline for submittal of the warranties. If the required <br /> warranties are not posted by the date set by the Board, the application shall be denied. <br /> If you need additional information or have any questions,please contact Lucas J. West at the <br /> Division of Reclamation,Mining and Safety, 1313 Sherman Street,Room 215, Denver, CO <br /> 80203,by telephone at(303) 866-3567 ext. 8187, or by email at Lucas.west@state.co.us. <br /> Respectfully, <br /> Physical Address: 1313 Sherman Street, Room 215, Denver,CO 80203 P 303.866.3567 F 303.832,8106 in J <br /> IAaiIing Address: DRMS Room 215, 1001 E 62nd Ave. Denver,CO 80216 httAs:Jldrms.coIorado.gov ` • " ' '' <br /> Jared S. Polis Governor I Dan Gibbs Executive Director I Michael A.Cunningham. Director *+��#+ <br />