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-6- <br />CONSENT OF STATE <br />(a) Consent is hereby granted to the transfer of the Permit referred to from Jelen and son, Inc to <br />Mt. Elbert Mining Co., L.L.C. <br />(b) Mt. Elbert Mining Co., L.L.C. 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 />By GAL !/kC?C?W <br />Division Director <br />Date Executed <br />M:\min\share\vsforms\07-07-01 vsformsUransfer Mineral Permit 07125/2007