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• Regulatory Permits Management, Inc <br />• <br />• <br />Date: October18, 2011 <br />Division of Reclamation, Mining and Safety <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Re: File No. M1977-410, 110(2) Limited Impact Permit Amendment Application <br />Applicant: Calais Resources Colorado, Inc. <br />Dear Sirs: <br />Enclosed for your review is a 110(2) Limited Impact Permit Amendment Application form and a <br />complete package of additional information related to the proposed mining operation revision. <br />This is an existing hard rock mining operation owned by Calais Resources Colorado, Inc. <br />(Calais). The entire permit area is on various properties either owned out right by Calais or <br />granted through various lease agreements. This Operation will operate throughout the year, <br />producing ore of various metals to include gold, silver, lead and zinc. The purpose of this <br />amendment is to increase the approved permit area to approximately 9.35 acres, provide for <br />surface waste rock disposal resulting from construction of the Cross Mine Decline portal, a new <br />office /dry facility and a new sewer line and leach field. All other aspects of the mining operation <br />will remain the same. Total annual production of ore and waste rock will not exceed 70,000 tons <br />per year. <br />1. The application date is: <br />Tuesday, October 18, 2011 <br />2. The owner(s) of the property: <br />Calais Resources Colorado, Inc., <br />4415 Caribou Rd., <br />Nederland, Colorado 80466 <br />Phone: 303 - 258 -3806 <br />9050 Old Tom Morris Circle <br />Highlands Ranch, CO 80129 <br />PHONE: (303) 854 -7499 <br />Page 2 <br />