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-3- <br />This performance warranty may be executed in multiple copies, each of which shall be treated as an <br />original, but together they constitute only one agreement, the validity and interpretation of which shall be <br />governed by the laws of the State of Colorado. <br />The provisions hereof shall bind and inure to the benefit of the parties hereto and their successors <br />and assigns. <br />SIGNED, SEALED AND DATED this day of , <br />Venture Resources, Inc. (SEAL) <br />Permittee <br />By: <br />Title: <br />NOTARIZATION OF PERMITTEE'S ACKNOWLEDGEMENT <br />STATE OF ) <br />ss. <br />COUNTY OF ) <br />The foregoing instrument was acknowledged before me this day of <br />by as of <br />NOTARY PUBLIC <br />My Commission expires: <br />APPROVED: <br />State of Colorado <br />Mined Land Reclamation Board <br />Division of Reclamation, Mining and Safety <br /> <br />By: Date: <br />Division Director