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February 10, 2012 <br />ENERGY FUELS RESOURCES <br />CORPORATION <br />Grand Junction Field Office <br />Division of Reclamation, Mining and Safety <br />Mr. Russ Means <br />101 S. 3 St. Suite 301 <br />Grand Junction, CO 81501 <br />Modification to Prospecting NOI, P- 2008 -018, Farmer Girl #2 <br />Mr. Russ Means: <br />RECE <br />FEB 13 20 <br />�RANp JUti(r UFF <br />K% <br />nor muviNG & SAFETY <br />Energy Fuels Resources Corporation (EFR) submitted a modification to DRMS <br />prospecting NOI- P- 2008 -018 for the Farmer Girl project on Martin Mesa in late <br />November, 2011. The modification is for 16 additional holes. The proposed drill hole <br />program for the winter of 2011 is to be in the immediate area and as offset holes to the <br />several holes drilled previously by EFR on Martin Mesa. DRMS has approved the project <br />and allocated the calculated bond amount from EFR's state wide bond (No. K07346323). <br />BLM did not approve the activity; rather BLM informed EFR that the BLM has a Big <br />Game winter timing restriction- no activity allowed December 1 through April 30- for <br />this area. BLM also indicated that EFR could request a waiver to the restriction. <br />A copy of the request by EFR to BLM for a waiver and supporting documentation is <br />enclosed for your files. <br />If you have questions regarding this application or to schedule a field examination, please <br />contact Dick White at 303 - 974 -2152 or e -mail to d.white cr energyfuels.com or Jess <br />Fulbright at the EFR Naturita office, 970 - 865 -2415, j.fulbright @energyfuels.com. <br />Sincerely, <br />Dick White <br />V.P. Exploration Colorado /Utah Operations <br />Energy Fuels Resources Corporation <br />