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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />7313 Sherman SL, Room 275 <br />Denver, Colorado 80203 C O L O R A D O <br /> <br />Phone: (303) 8663567 DIVISION OF <br />RECI.AMAi'ION <br />FAX: (303) 832-8706 MINING <br /> - &- <br /> SAF E'I'Y <br />JUIy 24, 2007 Bill Ritter, Ir. <br /> Governor <br /> Harris D. Sherman <br />Mr. Matt Collins Executive Director <br />Mount Royale Ventures LLC <br />e Ronald W. Cattany <br />Division Director <br />P.O. BOX 19754 Natural Resource Trustee <br />Boulder, CO 80308 <br />RE: Status -Cash & Who Do Mines, Permit No. M-1983-141 <br />Class: General Documents <br />Dear Mr. Collins: <br />Based on a file review of Permit M-1983-141, please note that on October 10, 2006 the Division <br />of Reclamation, Mining, & Safety approved Mount Royal Ventures (MRV) Amendment No. 2 <br />application submitted to the Division on November 7, 2005 which addresses the following: <br />Amendment application to include an alternate method for ore removal, and modify the existing <br />permit area boundary delineations and acreages. <br />The amendment does not expand the level of mining activity allowed by permit M-1983-141. <br />Under the pre-existing and amended 110(2) mining and reclamation permit, MRV was and is <br />permitted to conduct mining operations on less than ten (10) acres which will extract less than <br />seventy thousand (70,000) tons per yeaz of mineral, (CRS 34-32-110). Attached is a copy of the <br />Division's October 10, 2006 amendment application approval as well as a summary of the <br />changes proposed in MRV's AM-2 application. <br />Also, based on recent site inspections by the Division we find no outstanding environmental or <br />permitting concerns at the Cash & Who Do Mines site, Permit M-1983-141. Your operation <br />appears to be incompliance with all applicable rules and requirements of the Mineral Rules and <br />Regulations of the Colorado Mined Land Reclamation Boazd for Hard Rock, Metal and <br />Designated Mining Operations. If you have any further questions regarding the status of the <br />mining and reclamation operation, please contact Carl Mount of our Office at (303) 866-3863. <br />Sincerely, <br />Thomas A. Schreiner <br />Environmental Protection Specialist <br />Office of Office of <br />Mined Land Reclamation Denver Grand Junction Durango Active and Inactive Mines <br />