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DUFFORD & RB OWN, P.C. <br />ATTORNEYS AT LAW <br />July 27, 2007 <br />Division of Reciarnation <br />Mining and Safety <br />Colorado Division of Reclamation, Mining and Safety <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />1700 BROADWAY <br />SUITE 2100 <br />DENVER, COLORADO 80290 -2101 <br />303.861.8013 PHONE <br />303.832.3804 FAX <br />www.duffordbrown.com <br />j herlihyna,duffordbrown.com <br />Re: Application for Transfer of Approved Mineral Application and Succession of Permit <br />Applicant; Performance Warranty; Financial Warranty and Check for $9,481.00 for <br />Deposit in State Treasury; and Check for $100.00 for transfer fee for Permit #M -79- <br />181, Walker Mining & Milling, Inc. to Mount Sneffels Mining Company, LLC. <br />Dear Sir or Madam: <br />Enclosed please find a fully executed Application for Transfer of Approved Mineral Application and <br />Succession of Permit Applicant for Permit #M -79 -181, Walker Mining & Milling, Inc. to Mount Sneffels <br />Mining Company, LLC together with a Check for $100.00 for the transfer fee. In addition, we enclose <br />the Performance Warranty and Financial Warranty and Check for $9,481.00 for Deposit in State Treasury <br />on behalf of Mount Sneffels Mining Company, LLC. <br />Consequently, on behalf of Walker Mining & Milling, Inc., we request that the Division release Walker <br />Mining & Milling, Inc.'s financial warranty for Permit #M -79 -181 and issue a check made payable to <br />Walker Mining & Milling, Inc. in the amount of its financial warranty of $9,481.00 as that obligation has <br />now been assumed by Mount Sneffels Mining Company, LLC. You may send that check to Dufford & <br />Brown, P.C. for subsequent transmittal to Walker Mining & Milling, Inc. <br />Thank you for your assistance in this matter. If you have any questions, please do not hesitate to contact <br />me. <br />Sincerely, <br />DUFFORD & BROWN, P.C. 1 <br />anne Herlihy <br />JH/ <br />Enclosures <br />cc: David L. Walker, President Walker Mining & Milling, Inc. (w /copies of encls) <br />Wiley T. McCall on behalf of Mount Sneffels Mining Company, LLC (w /copies of encls) <br />00336517.1 <br />(11UL 3 0 2007 <br />4 : 1 VEL) <br />No ✓ = �na a <br />/ bW -:-- 9 // JJ 0 6 7 <br />U11311 <br />