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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY t/~ <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver <br />Colorado 80203 C O L O R A D O <br />, <br />Phone: (303) 8663567 DIVISION OF <br />RECLAMATION <br />FAX: (303) 832-8106 M I N I N G <br /> - &- <br /> SAFETY <br /> Bill Ritter, )r. <br /> Governor <br />Ma 29 <br />2007 ~ <br />y aJ / Harris o. Sherman <br />~ ~ <br />ti <br />Di <br />~ L ~ E <br />, ) <br />~ <br />xecu <br />ve <br />recor <br /> I Ronald W. Gattany <br />Mr. Terry V. Wetz Division Director <br />International Uranium (USA) Corp. L/~ Natural Resource Trustee <br />Independence Plaza, 950 <br />1050 17th St. <br />Denver, CO 80265 _ _ <br />Re: Topaz Mine, Permit No. M-1980-0SS-FIR, Succession of Operators Approval, Revision No. SO-4 <br />Deaz Mr. Wetz: <br />On May 22, 2007, the Division of Reclamation, Mining and Safety approved the succession of operators from <br />International Uranium (USA) Corp. to Denison Mines (USA) Corp. for this operation. Denison Mines (USA) Corp. is <br />now the permitted operator of the Topaz Mine, and as such, is responsible for all provisions in M-1980-055-FII2, as well <br />as those specified in the Rules and Regulations. <br />Enclosed are the following bond and the Performance Warranty you originally provided. <br />Bond a Boud Number Boad Amouut <br />National Union Fire Insurance Company of Pittsbwgh, PA Corporate Swety 16-67-25 $38,433.00 <br />These have been released as of May 22, 2007 Division approval for the succession of operators. You should advise yow <br />bank or inswance company of this release by copy of this letter. <br />If you have any questions, please contact me. <br />Sincerely, <br />~~c~~ ~~~'~'~ <br />"~/Bob Oswald <br />Env[ronmental Protection Specialist <br />Encloswes <br />CERTIFIED MAIL, NO. 7003 1680 0000 6427 8714 <br />Return Receipt Requested <br />Office of Office of <br />Mined Land Reclamation Denver Grand lunrtion Durango Active and Inactive Mines <br />