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C <br />RV <br />United States Department of the Interior <br />Bureau of Land Management <br />Uncompahgre Field Office <br />2505 South Townsend <br />Montrose, Colorado 81401 <br />JUL282010 <br />GRAND JUNCTION HELD OFFICE JUL ? 7 2010 <br />DIVISION OF <br />REC! P. !ATIom f"ll+ kn & SAFETY <br />Russ Means, CDRMS <br />101 S. 3rd, Suite 301 <br />Grand Junction, CO 81501 <br />Dear Mr. Means: <br />u s GBLijl?ff M nt!?ct <br />?.p ? Wfi ?awui?u <br />In Reply <br />Refer to: <br />CO-150 <br />3809.301 <br />COC-73095 <br />On July 17, 2010 this office received your correspondence regarding releasing five of <br />Yellowcake Mining's reclamation bond amounts related to the CDRMS NOIs #P - 2008 - 024, <br />025, 026, 035, 027, and 034 correlating to Yellowcake sites P- 1, 2, 3, 4, and 8. <br />We have reviewed our inspection reports and we concur with your findings that all reclamation <br />at these sites are completed to CDRMS and BLM standards. Therefore, the bond amount for <br />each of these respective NOIs can be obligated back into Yellowcake's statewide bond fund. <br />Please call BLM Geologist Robert Ernst at (970) 240-5305 if you have questions. Thank you for <br />your cooperation. <br />Sincerely, <br /> <br />Barbara Sharrow <br />Manager, Uncompahgre Field Office <br />cc: Yellowcake Mining Inc.