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?e ly/y/ 2 0,-,LA - /- &? <br />JUBILEE VENTURE LLC <br />19754 E EUCLID DR <br />CENTENNIAL, CO 80016 <br />303 617-0813 <br />May 31, 2011 <br />Ms. Karen Sears <br />470 Park Ave <br />Grand Junction, CO 81505 <br />Dear Ms. Sears; <br />Jubilee Venture has applied for a mining permit with the Division of Reclamation Mining and Safety and <br />the Bureau of Land Management in Moffat County. The primary location is the 6th Principal Meridian, <br />Section 2, Township T 10 North, Range 92 West. Quarter Section NE, Quarter Quarter Section SE. <br />This land lies adjacent to your land. <br />Your land has a fence along the North and East Boundary. <br />Our mining plan illustrates that the affected mining area is inside of your North and East fence line. <br />This letter is to inform you that if we in any way damage or destroy the current fence line as it exists that <br />we will either repair or reimburse you for the damaged area of the fence line in an expedited <br />(immediately) manner. We will inform you immediately of any damage that we may have caused. <br />Should you have any questions please contact me at the above address and phone number. You may <br />also reach me on my mobile phone 720:P9-1455. <br />Thank you for your time and consideration. <br />Since4eyW, <br />Cc'ct? <br />Man R Bauer <br />General Partner <br />Sent Via US Mail <br />Return Receipt Requested <br />F& 2-,2,