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(TRAPPER MINE <br />August 15, 2011 <br />Mr. Robert Zuber <br />Environmental Protection Specialist <br />Colorado Division of Minerals and Geology <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Dear Mr. Zuber: <br />Re: Trapper Mining Inc., Permit No. C-81 -010, Minor Revision MR-217 <br />Add Deep Wells to Water Monitoring_ Map M -52; Adjust Bonding Costs <br />Please fmd enclosed duplicate copies of permit revision MR -217. The intent of this minor <br />revision is to remove four monitor wells from NOI -CX- 2005 - 189 -06 and place them in the <br />above - referenced permit application package. This will allow us to proceed with a bond release <br />application for the NOI. <br />This revision includes a revised M -52 map that shows the location of the four deep monitoring <br />wells and an attached table that gives our bond estimate to reclaim the four wells in the future. <br />The attached table would be included in Appendix A and would add a small amount to our <br />overall bond estimate, although no new bond rider would be required because there is enough <br />current bond to cover the reclamation requirements of the four monitoring wells. <br />These monitoring wells will not be part of Trapper's routine monitoring program. Rather, they <br />will remain in place until such time as Trapper's owners have renewed interest in exploring <br />underground mining potential. <br />Please contact me if you have any questions regarding the enclosed information. <br />Sincerely, <br />Forrest Luke <br />Environmental Manager <br />FVL [M/Permit Revisions/MR217 Cover Letter.doc] <br />c Rob Zuber -two copies w/ attachments <br />Wendy Reynolds, BLM w/ attachments <br />File 109.2.3.4 w/o attachments <br />Revisions File <br />P.O. Box 187 <br />TRAPPER MINING INC. <br />Craig, Colorado 81626 (970) 824 -4401 <br />