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I. Coal Leases <br />a. Coal Mining Lease, dated March 20. 2000, between South Wind Land <br />and Mining, LLC: K2T, LLC; and South Central Land and Mining, <br />LLC, as Lessors, and Energy Fuels Associates, Ltd., as Lessee, <br />covering the following described lands situated Fremont County, <br />Colorado: <br />Township 20 South. Ranqe 70 West. 6th P.M. <br />Section 25: SW1/4SE1/4, SE1/45W1/4, E1/2SE1/4, E1/2NE1/4NE1/4, <br />SE1/4NE1/4, SW1/4NE1/4, NW1/4SE1/4, S1/2SE1/4NW1/4, <br />S1/2SW1l4NW1/4 and NW1/4SW1l4. <br />b. Coal Mining Lease, dated May 1, 1978, between Edward B. Cribbs, <br />Robert A. Jackson, Dorothy Jackson, Jean Engles. John D. Cribbs <br />II, Sandra L. Cribbs, Howard M. Goodman, Howard M. Goodman as <br />attorney-in-fact for Mary C. Goodman, all of the above <br />collectively described as Lessors: and Dorchester-Colomine Joint <br />Venture, Lessee, covering the following described lands situated <br />in Fremont County, Colorado: <br />Township 20 South. Ranqe 70 West. 6th P.M. <br />Section 25: SW1/45 E1 /4, SE1/45W1l4, E1/2SE1/4, E1l2NE1l4NE1/4, <br />SE1/4NE1/4, SWI/4NE1/4, NW1/4SE1/4, S1/2SE1/4NW1/4, <br />S1/2SW1/4NW1l4, and NW1/4SW1/4. <br />2.03 - 30 Revised 5/13/04 <br />Permit Renewal No. 04 <br />