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Varra Companies, Inc. <br />Office of Special Projects <br />8120 Gage Street Frederick, Colorado 80516 Telephone (303) 666 -6657 Fax (303) 666 -6743 <br />Statement of Understanding <br />Landowner of Adjacent Structure Statement: Our notarized signature below testifies we <br />have been provided with an opportunity to review a Map showing the approximate relationship of our <br />property and the potential for any qualified significant, valuable and permanent man -made structure(s), <br />which may occur within 200 feet of lands affected within the proposed Varra Resources Project: 110 (OMLR <br />Permit it: M -1984 -036 formerly Dakolios Pit). <br />Upon review of the available materials, including the written portion of Exhibit. D — Extraction Plan from <br />the Amendment application; <br />And understanding the relationship of any significant, valuable and permanent man structures <br />under our ownership and which may stand within 200 feet of lands affected within the proposed Varra <br />Resources Project 110 (OMLR Permit 11: M- 1984 -036 formerly Dakolios Pit); <br />Further, by our signatures, as notarized below, we concur that planned activities detailed in the <br />application for permit M -1984 -036; do not impact our qualified significant, valuable and permanent <br />adjacent man -made structures; and that any damage to said structures directly attributed to the <br />activities of Varra Companies, Inc. (the Operator); will be compensated for by the Operator. <br />mC(y ,2011 <br />gnaturc of Ac', e.nt Landowner Date <br />phi vi, 7a el 61 <br />Print Namc <br />State of In(71orad <br />County of <br />) ss. <br />The foregoing instrument was acknowledged before me this (O clay of /Vey <br />.2ml 2'00 by 3n`hn W, de-/ ( (d en , ln6 rlf4 ller for to -ir l tA)z1d <br />.Dtin-k 1n) /1 fit..( , D t: r► c i' ). Title 1/4--) Company or Corporation <br />Notar ublic <br />My Commission expires: <br />5 /a /aoi3 <br />2 <br />RECEIVED <br />MAY 0 9 2011 <br />