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<br />JUBILEE VENTURE, LLC <br />19754 E EUCLID DRIVE <br />CENTENNIAL, COLORADO 80016 <br />303 617-0813 <br />July 13, 2009 <br />Mr. G. Russell Means, Environmental Protection Specialist <br />Division of Reclamation Mining and Safety <br />Grand Junction Field Office <br />101 3' Street <br />Grand Junction, Colorado 81501 <br />Dear Russell, <br />Please find a copy of the modifications made to the application to the BLM. Please note Jennifer signed <br />the modifications. <br />For your records we agree to the limitations of the 40 drill holes, but agree to the bonding for 80 drill <br />holes. We agree to the modification of the bond amount for the road portion as addressed in the e-mail, <br />and not having the motor home parked at the project site. <br />Please find a copy of the e-mail I originally sent you July 12, 2009. Please accept this as our <br />concurrence to those issues addressed in the e-mail. <br />Thank you. <br />Sincerely, <br />Martin R Bauer <br />Jubilee Venture, LLC <br />General Partner