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COLORADO_ <br />GOLDFIELDS INC <br />26 July 2011 <br />Division of Reclamation Mining and Safety <br />1313 Sherman St Ste 215 Division of ReslaMatiOn. <br />Mining an <br />Denver, CO 80203 -2243 <br />United States of America <br />Wally Erickson <br />Division of Reclamation Mining and Safety <br />691 County Road 233 Ste A2 <br />Durango, CO 81301 -6580 <br />RE: Pride of the West Mill, Permit No.: M- 1984 -049 <br />Modification Notice of Intent for Kittimac Tailings Repository <br />Permit No. P=2011 -015 <br />Dear Mr. Erickson: <br />By this letter, Colorado Goldfields Inc. desires to modify the NOI Permit No.P- 2011 -15 for <br />the drilling of ten geotechnical holes at the proposed Kittimac Tailings Repository. <br />Colorado Goldfields will add four additional geotechnical drill holes of the same depth and <br />diameter. The four additional holes are located within the same property boundary and at <br />the approximate locations shown on the attached map. <br />Also enclosed is the requisite $86.00 fee. <br />Thank you. If you have any questions or if I may be of further assistance, do not <br />hesitate to call me directly. <br />Sincerely, <br />/Mak" <br />Colorado Goldfields, Inc, <br />C. Stephen Guyer, Chief Financial Officer <br />CSG: mm <br />Wallace H. Erickson —DRMS DFO <br />Steve Shuey — DRMS GJFO <br />David Berry — DRMS Denver <br />Colorado Goldfields, Inc. <br />o\ <br />P <br />R CEN <br />JUL a zoll <br />dsafav ECEIVE <br />D <br />JUL 2 5 2011 <br />Durango Field Office <br />Division of Reclamation, <br />Mining and Safety <br />Mike Hegarty — Fognani & Faught <br />Jeff Fugate, Esq. - DRMS <br />7986 South Datura Circle West * Littleton, CO 80120 * (303) 683 -3338 <br />