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<br />SI L,VE IN <br />ECEIV <br />MAY 2 3 2011: <br />May 12, 2011 Division or reclamation, <br />Mining and Safety <br />RE: Notices of Intent to Conduct Prospecting <br />j Dear Mineral County Commissioners, <br />p E CE DdE <br />MR.Y 1.6 2011 ` v <br />DURANGO FIELD OFFICE <br />DIVISION OF 8ECLAMATION, <br />No-n e-E -ra Goys!-r+ <br />CAMM\ 5.71aWE'(Z? <br /> <br />Rio Grande Silver, Inc submitted two new Notices of Intent to Conduct <br />Prospecting Operations (NOI) with the Colorado Division of Reclamation, Mining <br />and Safety on May 12th. <br />The first NOI is for the Equity Exploration Project (EEP) and will involve reopening <br />the Equity portal and ventilation adit to determine existing groundwater level and <br />ground conditions underground in Homestake Mining Company's exploration <br />development from the late 1980's. Our intention is to continue exploration <br />activities at the historic site. The EEP is scheduled to begin in mid to late June <br />2011. <br />Refer to the attached location map. <br />The second NOI is for the East Upper Rat Creek Project and will involve surface <br />core drilling with one core drill. 2500 feet of new low-standard road and two <br />100'x 100' drill pads are proposed for construction. Two drill holes are planned for <br />2011 totaling approximately 5000 feet of core. The East Upper Rat Creek Project <br />is scheduled to begin mid to late July 2011. <br />Refer to the attached location map. <br />Copies of the NON are available at the Rio Grande Silver, Inc office or online at <br />Colorado DRMS for your review. <br />Please call me at 970-946-0111 if you have any questions. <br />Best Regards, ?EceIVE <br />e04 Av? C: <br />Randy McClure 5113111 <br />112 East 12`" Street P U box 61C. C;reede CO 81130 <br />1-19658-1080 Fax 713-658-1082 <br />-0-