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10 <br />CONSENT OF STATE <br />(a) Consent is hereby granted to the transfer of the Permit referred to from Mount Royale Ventures, LLC to <br />AGC Resources,,LLC <br />(b) AGC ResourcejLLC is hereby recognized as Successor Operator under such Permit. "� <br />(c) The Performance and Financial Warranty substitution above proposed is hereby accepted and approved. <br />STATE OF COLORADO <br />DEPARTMENT OF NATURAL RESOURCES <br />MINED LAND RECLAMATION BOARD <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />LIM <br />Division Director <br />Date Executed <br />M[An in\share \vsfonns \07 -07 -01 vsformsUransfer Mineral Pennit 07/25/2007 <br />