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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 8663567 <br />FAX: (303) 832-8106 <br />F"~^~"1~/ED <br />COLORADO <br />DIVISION OE <br />RECLAMATION <br />MINING <br />- &- <br />SAFETY <br />October 1, 2007 <br />Denison Mines (USA) Corp. <br />1050 17th Street, Suite 950 <br />Denver. CO 80265 <br />,. <~~~ <br />~.,a: , <br />~@F - <br />MINED LAND RECLAMATION BOARD <br />110(2) ANNUAL FEE INVOICE AND REPORT REQUEST <br />PLEASE READ CAREFULLY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />Executive DIfeLZOr <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />Under the terms of your Reclamation Permit and Colorado Statutes, you must submit Annual Fees and Annual <br />Reports. You must pay the Annual Fee and submit an Annual Report each year until reclamation responsibility <br />release is granted. The Annual Fee is not a renewal fee. The fee and the report are for LAST YEARS mining <br />and reclamation season, and MUST be received even if your operation was in an inactive state. The fee and <br />report are due ON OR BEFORE your permit anniversary date shown below. The Annual Report and Fee <br />requirement is not met until we have received the following components: fee, resort, and associated <br />map. If no new disturbances or reclamation have occurred during the urevious vear and no new chances <br />to the previous year's map are necessary, then no new maa is required, provided that the Operator shall <br />state this in the Annual Report. <br />If you have requested reclamation responsibility release from the Division of Reclamation, Mining and Safety <br />(the "Division") but your permit is not released by your anniversary date listed below, the annual fee MUST be <br />paid. If the permit is released before the anniversary date, then by Statute, you do not pay an annual fee or <br />submit an annual report for that year. <br />PLEASE NOTE: IF THE ANNUAL FEE, ANNUAL REPORT, AND A MAP ARE NOT RECENED ON <br />OR BEFORE YOUR ANNNERSARY DATE, A FORMAL NOTICE OF VIOLATION AND A BOARD <br />ORDER TO PAY CNIL PENALTIES IN THE AMOUNT EQUAL TO THE ANNUAL FEE $$259.00 WILL <br />BE AUTOMATICALLY ASSESSED. NO PERMITS FOR NEW MINING OPERATIONS SHALL BE <br />GRANTED TO ANY OPERATOR WHO IS CURRENTLY FOUND TO BE IN VIOLATION IN THIS <br />STATE (C.R.S. 34-32.5-120 OR C.R.S. 34-32-120) UNTH. THE VIOLATION IS ABATED. <br />Division records indicate $$259.00 fee is due <br />Permit No.: M-1977-416 <br />Operation Name: Carnation Mine <br />Anniversary Date: November 1, 2007 <br />Total Fee Due: $$259.00 (Due on or before your Anniversary Date) <br />If your records indicate different facts than those stated above please notify the Division. <br />Please return the enclosed annual report FORM, a MAP, and a CHECK or MONEY ORDER made payable to <br />the Division of Reclamation, Mining and Safety, 1313 Sherman St., Room 215, Denver, Colorado 80203. <br />Thank you for your cooperation in this matter. If you have any questions, please feel free to contact Mary <br />Rodriguez at (303) 866-2074 or Jim Dupler at (303) 866-6277. <br />Office of Office of <br />Minec},I~Jt(ipq{g~aryQgppCtlmtBlvrsmt-nF-0z.noC Denver Grand Junction Durango ~ Active and Inactive Mines <br />