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Appendix 2.03.8-1 Page 1 June 2024 (TR-26) <br />The tracts of land described below are shown on USGS 7.5 minute Nucla Quadrangle map. The <br />permit area contains tracts of land located in Section 25 and Section 36, Township 47 North, <br />Range 16 West of the New Mexico Principal Meridian, Montrose County, Colorado being more <br />particularly described as follows: <br />New Horizon North Mining Area <br />Lays in the W/2 of Section 25, Township 47 North, Range 16 West of the New Mexico Principal <br />Meridian, Montrose County, CO, or described specifically as follows: <br />Commencing at the Southwest corner of said Section 25, said beginning point is N43°33'12" E, a <br />distance of 39.74 feet; <br />thence S 87°23'03" E a distance of 2559.85'; <br />thence N 01°55'31" E a distance of 3960.39'; <br />thence N 88°32'54" W a distance of 2535.21'; <br />thence S 02°17'06" W a distance of 3908.67'; <br />which is the point of beginning, having an area of 230.0 acres, more or less.