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DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866 -3567 <br />FAX: (303) 832 -8106 <br />28 June 2011 <br />Mr. Richard Blubaugh , <br />Powertech (USA) Inc. <br />5575 DTC Parkway, Suite 140 <br />Greenwood Village, CO 80111 <br />Re: Centennial Uranium Project, File No. P- 2008 -043, Modification MD -03, Extension of Review <br />Responses until 12 August 2011 <br />Dear Mr. Blubaugh: <br />The Colorado Division of Reclamation, Mining and Safety (Division) has received Powertech's request for <br />an extension of time to respond to the Division letter dated March 18, 2010 comprising the fourth review of <br />Modification MD -03 to prospecting notice P- 2008 -043. The requested extension is hereby granted until 12 <br />August 2011. <br />The Division understands and appreciates that the delays being experienced at the project are beyond your <br />control. However, please address the items listed in the March 18, 2010 letter at your earliest convenience <br />bearing in mind that if you have not addressed these items, or requested an extension, within sixty days of <br />the date of this letter the Division may terminate Modification MD -03 in accordance with Rule 5.1.3(c) of <br />the Mineral Rules and Regulations of the Mined Land Reclamation Board. <br />You may call me with questions at 303 - 866 -3567 ext 8108. <br />Sincerely, <br />o,„v <br />David Bird <br />Division of Reclamation, Mining, and Safety <br />cc: Michael Beshore — Powertech, via email <br />Office of <br />mined !and Reclamation <br />Wel CONFIDENTIAL <br />STATE OF COLORADO <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />— &— <br />SAFETY <br />John W. Hickenlooper <br />Govemor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />Office of <br />Denver • Grand junction • Durango Active and Inactive Mines <br />