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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 />1 September 2011 <br />Mr. Kevin Lawrence <br />Nighthawk Mining & Minerals <br />127 Elm St <br />Leadville, CO 80461 <br />Dear Mr. Lawrence: <br />Sincerely, <br />6 <br />David Bird <br />Division of Reclamation, Mining, and Safety <br />cc: USDA Forest Service, South Park Ranger District - Fairplay, CO <br />Barbaria Coria — DRMS <br />Mined Land Reclamation <br />PC* ::ONPMEICIAL. <br />STATE OF COLORADO <br />d192, b c. <br />Re: Financial Warranty Acceptance and Approval to Commence Prospecting <br />Ajax Tunnel Prospect, Park County; DRMS File No. P -2011 -004 <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />The Division of Reclamation Mining and Safety has found the above referenced prospecting notice to be <br />complete. You have posted financial warranty of $100, which has been accepted and approved by the <br />Division. <br />Therefore, final approval for Prospecting Notice P- 2011 -004 is hereby granted and you may <br />commence operations under the terms of the Notice. However, if your operation is located on <br />Federal surface or is accessing Federal minerals, you will need to obtain approval from the <br />Federal government prior to commencing operations. <br />Also, in accordance with Hardrock Rule 5.6, an Annual Report and associated fee of $86.00 per site <br />must be submitted on your notice approval anniversary date for each year following the filing of an NOI <br />until reclamation responsibility release is granted. In addition, Hardrock Rule 5.3.4 requires the <br />prospector to notify the Division of completion of prospecting operations and Rule 5.7 requires the <br />submittal of a final report for drill holes within 60 days of completion of the abandonment for artesian <br />flow holes and within one year of completion of the abandonment for any other drill holes. The <br />necessary form is available on the DRMS website at http: / /mining.state.co.us. <br />Office of Office of <br />Denver • Grand Junction • Durango Active and Inactive Mines <br />