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~ ~ ~ ~ III IIIIIIIIIIIII III <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Depanment o(NaWral Resources <br />1313 Sherman Sr, Room 215 <br />Denver, Colorado 80203 <br />Phone: 13031 866-3567 <br />FA%:1303) 8728106 <br />March 24, 1997 <br />Michelle R. Rehmann <br />International Uranium (USA) Corporation <br />c/o Energy Fuels Nucleaz, Inc. <br />Three Park Central, Suite 900 <br />1515 Arapahoe Street <br />Denver, CO 80202 <br />RECEIPT OF TRANSFER OF PERMIT AND SUCCESSION OF OPERATOR f~OR: <br />SAN M/GUEL COUNTY: <br />SUNDAY MINE, PERMIT NO. M-77-285, NO. SO-02 <br />CARNATION MINE, PERMTI' NO. M-77-416, NO. SO-03 <br />ST. JUDE MINE, PERMIT NO. M-78-039-HR, NO. SO-03 <br />TOPAZ MINE, PERMIT NO. M-80-055-HR, NO. SO-03 <br />WEST SUNDAY MINE, PERMIT NO. M-81-021, NO. SO-02 <br />POSSIBLE RELEASE: <br />C-SR-10 MINE, PERMTI' NO. M-79-027 <br />MONTROSE COUNTY: <br />MONOGRAM-JO DANDY MINE, PERMIT NO. M-77-293 <br />MONOGRAM MINE, PERMIT NO. M-78-222-UG <br />Dear Ms. Rehmann: <br />~~ <br />DEPARTMENT' OF <br />NATURAi <br />RESOURCE <br />Roy Romer <br />Governor <br />lames 5. Lochhead <br />E.ecmrve Director <br />Michael B. Long <br />Division Director <br />On March 6, 1997, the Division of Minerals and Geology received your applications for Transfer <br />of Petmit and Succession of Operator (S.O.) for the above referenced operations, its denoted by <br />[he No. SO-02 or 3. Following is a list of understandings. Initial review deterntined that [he <br />following items must be submitted or corrected before technical review of your application can <br />begin: <br />I) According to the Mazch 6, 1997, letter, from Donald Peterson, President of Energy Fuels <br />Nuclear, Inc., which accompanied the permit transfer documents, IUC wishes to <br />immediately transfer the permits upon closing of the property transfers. A.s I explained <br />in our telephone conversation, in order for the transfer to be completed, bond documents <br />should accompany the S.O. request so that the actual review and transfer may be <br />accomplished. It is understood that the surety documents will be submitted upon <br />completion of the property transfers. The transfer documents will be held until the <br />Financial Warranty documents are submitted. I have spoken with Steve Shuey, Acting <br />Senior Environmental Protection Specialist in the Durango Field Office, I'egarding [his <br />matter, and we have agreed that upon receipt of acceptable bond documents, 1 will <br />process the transfers in order to accommodate the short time frame. <br />