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STATE OF COLORADO <br />DlYISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources `~ <br />7373 Sherman Stβ€ž Room 275 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8706 <br />COLORADO <br />DIVISION OF <br />RECL.aNtarloN <br />MINING <br />- &- <br />SAFETY <br />May 29, 2007 "~ f Bill Ritter, lr. <br />{~/yJ( ~CO arJ ~./`~ Governor <br />MS. ChC7S WOOdWaid ~~/ v' ~ / / Harris D. Sherman <br />ry Executive Director <br />Denison Mines (USA} Corp. Rnnaid w. Canany <br />950 17th Street, Suite 950 Division Direcor <br />Denver, CO 80265 Natural Resource Trustee <br />/ / <br />Re: Van 4 Shaft, Permit No. M-1997-032, Succession of Operators Approval, Revision No. SO-1 <br />Dear Ms. Woodwazd: <br />On May 22, 2007, the Division of Reclamation, Mining and Safety approved the succession of operators from <br />International Uranium (LISA) Corp. to Denison Mines (USA) Corp. for this operation. Denison Mines (USA) Corp. is <br />now the permitted operator of the Van 4 Shaft, and as such, is responsible for all provisions in M-1997-032, as well as <br />those specified in the Rules and Regulations. httemational Uranium (LISA) Corp. is relieved of all responsibilities <br />concerning this operation. <br />Please Note: <br />1. All of the application materials, as amended and supplemented, are in integral part of your permit. They have <br />been incorporated into the permit by reference. We presume that you have a copy of all of these materials, therefore, <br />none have been enclosed with this mailing. We suggest that you keep a copy of the permit and the pemtit application at <br />the mining operation as a reference for operation personnel, to help ensure compliance with the terms of the permit. <br />2. Changes ht the mining and reclamation operations that differ from those described in the permit may require a <br />modification to the permit. We suggest consulting the Rules and Regulations and/or contacting us to determine if a <br />modification to the permit is necessary. Rule 1.10 pertains to Amendments, Rule 1.9 to Technical Revisions, and Rule <br />1.11 to Conversions. <br />3. On your permit anniversary date each year, you must submit an annual fee and annual report to us. Please <br />consult the Rules, Act, and your permit for specific requirements. <br />The transfer of this permit does not result in the transfer of any other permits or licenses, with this Division, the State, <br />or Federal Agency, which might be associated with this operation. <br />ffyou have any questions, contact me. <br />Sincerely, <br />~~~~,~'~ ~,d.~ <br />(Bob Oswald <br />Environmental Protection Specialist <br />Office of Office of <br />Mined Land Reclamation Denver Grand lunRion Durango Active and Inactive Mines <br />