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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) 866-3567 <br />FAX: (303) 832-8106 <br />F'jF r0 <br />September 28, 2009 OCT 0 5 2000 <br />Division of F--clafnation, <br />Brent Kramer k4ining and Safebr <br />Energy Fuels Resources Corporation <br />P.O. Box 888 <br />Nucla, CO 81424 <br />Re. C-G-26, Notice of Intent (NOI) P-2009-027, Complete Notice. <br />Dear Mr. Kramer <br />COLORADO <br />D I V I S I ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />The Division of Reclamation, Mining and Safety (DRMS) finished the review of Energy Fuels application for the <br />above referenced Notice of Intent. All application issues appear to have been addressed to meet the minimum <br />requirements of the Rules and Act. Therefore staff is pleased to inform Energy Fuels that the DOE Lease proiect <br />is approved. <br />Staff has calculated the liability to be $3,500.00 which is below the $5000.00 warranty to be held by the <br />Department of Energy (DOE). Per Rule 4.2.1(6) when mining on federal land and the land management agency <br />requires a financial warranty be posted the amount posted to the state shall be the difference between the <br />amount required by the agency and the state or a minimum of $100.00. Therefore Energy Fuels has posted with <br />DRMS a $100.00 bond as required under Statewide Bond # K07346323. <br />DRMS will need proof from Energy Fuels that the $5000.00 warranty is posted with DOE prior to any disturbance <br />on site. <br />Sincerely, <br />G. Russell Means <br />Environmental Protection Specialist <br />Cc: Ed Cotter, DOE Grand Junction Field Office. <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines