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ATTACHA~ENT C <br />COAL MlNtNO LEASE <br />y,, <br />This Coal Mining Lease, made and entered into as effective on March 20, 2000, by <br />and between South Wind Land and Mininr~, I I (', KIT, I 1 r, anri Snrrth t'pntral l and and <br />Mir~irrg, t_LC, atl Colorado Ilmited liabiNty companies (hereinefiter collectively referred to as <br />"Lessor') and Energy Fuels Associates, Lt~i_, a ~glorado limited- partnership (hereinafter <br />referred to as "Lessee"}. <br />NOW, THEREFORE, in consideration of the mutual covenants and agreements <br />contained in and the benefits to be derived from this tease, Lessor and Lessee mutually <br />agree as follows: <br />1. -The Leased Premises. Lessor hereby leases to Lessee all right, title and <br />interest of the Lessor in and to the coal in the lands described in Exhibit A attached hereto, <br />{the "Leased Premises"} together with all rights and privileges to mine that coal by <br />undeegrdund methods only, togetherwith a right of access into, upon, thrauc~h and under <br />the Leased Premises at $uCh points and in such manner as may f,e reasonably necessary <br />for the purposes of Lessee's operations under this lease, including the right to explorQ, <br />test, drill, dig, drain, ventilate, construct and operate mina portals, builtiinc,~. s anti nthpr <br />improvements reasonably necessaryforthe mining. transporEing, storage. processing and <br />shipping of coat and the right to deposit on the surface of said lands consistent with reining <br />and reclamation plans approved by the Colorado Mined Land Reclamation Board, such <br />earth; rack, stones, slate and "gob" material as may be produced in connection with the <br />operations authorized herein, provided, however, thatthe existing waste pile on the Leased <br />Premises which presently covers 35 acres shelf riot be expanded laterally to cover more <br />eunnnmsbuTMwkVO <br />nti•~y ~~ <br />Alarch 23, ZDdO '~ <br />