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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman S[., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 8663567 <br />FAX: (303) 832-8106 <br />l <br />~,~-~ ~c_vf~'w <br />May 29, 2007 <br />Ms. Christy Woodwazd <br />International Uranium (USA) Corp. dba Denison Mines (USA) Co `~ <br />Independence Plaza, 950 <br />1050 17th St. Ste. 950 <br />Denver, CO 80265 <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />- &- <br />SAFETY <br />Bill Ritter, 1r. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cottony <br />Division Dlreetor <br />Natural Resource Trustee <br />~/ ~~ <br />Re: Suuday Miue, Permit No. M-1977-285, Sueeessiou of Operators Approval, Revision No. SO-3 <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 (USA) Corp. dba Denison Mines (USA) Co to Denison Mines (USA) Corp. for this operation. <br />Denison Mines (USA) Corp. is now the permitted operator of the Sunday Mine, and as such, is responsible for all <br />provisions in M-1977-285, as well as those specified in the Rules and Regulations. <br />Enclosed aze the following bond and the Performance Warranty you originally provided. <br />Bond Tvae Bond Number Bond Amoumt <br />National Union Fire Insurance Company of Pittsburgh, PA Corporate Surety 16-67-23 $163,196.00 <br />These have been released as of May 22, 2007 Division approval for the succession of operators. You should advise your <br />bank or insurance company of this release by copy of this letter. <br />If you have any questions, please contact me. <br />Sincerely, <br />~J~~~ ~~2f%~ <br />/Bob. Oswald <br />Environmental Protection Specialist <br />Enclosures <br />CERTIFIED MAIL NO. 7003 1680 0000 6427 8684 <br />Return Receipt Requested <br />Office of Office of <br />Mined Land Reclamation Denver Grand Junction Durango Active and Inactive Mines <br />