2010-08-23_PERMIT FILE - P2010018 ‎(2)‎

• Permit No: P2010018
• IBM Index Class Name: PERMIT FILE
• Doc Date: 8/23/2010
• Doc Name: Authorization to Commence Prospecting
• From: DRMS
• To: AGC Resources, LLC
• Email Name: ACS
• Media Type: D
• Archive: No

STATE OF COLORADO
ki( DIVISION OF RECLAMATION, MINING AND SAFETY t/
Department of Natural Resources
1313 Sherman St., Room 215
Denver, Colorado 80203
Phone: [phone]
FAX: [phone]
August 23, 2010
Mr. Mark T. Nesbitt
0 AGC Resources, LLC
1580 Lincoln St., Suite 700
Denver, CO 80203-1557
0? 00111 (; 0/1M?10IFN ;iZ4? ,

RE: Authorization to Commence Prospecting, AGC Front Range Gold Project Project,
File No. P-2010-018,!---
Dear Mr. Nesbitt:
COLORADO
D I V I S ION OF
RECLAMATION
PAINING
SAFETY
Bill Ritter, Jr.
Governor
Mike King
Executive Director
Loretta E. Pineda
Director
The Colorado Division of Reclamation, Mining, and Safety (DRMS) has reviewed Notice of Intent to
Conduct Prospecting (NOI) P-2010-018, and has determined it is complete. Financial warranty in the
amount of $24,070.00 has been provided, and DRMS determined this is sufficient to cover
reclamation costs for the prospecting activities. A total of fourteen bore holes are allowed under this
NOI, but no more than four holes may be open, relative to plugging and abandonment requirements,
at any one time. AGC Resources may proceed with the activities described in the NOI and related
submittals in conformance with the Colorado Mined Land Reclamation Act and the Mineral Rules and
Regulations of the Colorado Mined Land Reclamation Board. AGC is specifically directed to the
requirements of Rule 5.3.6.
The NOI states that no Federal land will be affected. However, DRMS is obligated to notify you that
if your operation is located on Federal surface or is accessing Federal minerals, you will need to
obtain a permit from the Federal government prior to commencement of operations.
Also, in accordance with Rule 5.6, an Annual Report and associated fee of $86.00 per site must be
submitted on your notice approval anniversary date for each year following the filing of an NOI until
reclamation responsibility release is granted. In addition, Rule 5.3.4 requires the prospector to
notify the Division of completion of prospecting operations and Rule 5.7 requires the submittal of a
final report for drill holes within 60 days of completion of the abandonment for artesian flow holes
Office of Office of
Mined Land Reclamation Denver a Grand Junction o Durango Active and Inactive Mines