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Ar- <br />February 21, 2012 <br />Venture Resources, Inc. <br />PO Box i974 (303) 619 -6323 <br />Idaho SPA119s, CO 80452 Frx: (303) 484-6369 <br />�enYt�i•e►•esa�u•cesC�r• �tt.ireY <br />CO Division of Reclamation, Mining & Safety <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 <br />Attn: Tom Kaldenbach <br />RE: Robert Fulton Reclamation Project, Permit Application M- 2011 -007 <br />Subject: Financial Warranty, Cash Bond Enclosed Herein <br />Dear Mr. Kaldenbach: <br />RECEIVED <br />FEB 2 2 20"i-L <br />Division of Reciai,tatior . <br />Mining 8 Safety <br />I have received the January 4`s notice letter you sent regarding the Financial Warranty not yet posted for the Robert <br />Fulton Reclamation Project, M- 2011 -007. G <br />Please find enclosed with this correspondence a Certified Cashier's Check # 69 o 0S 7/ from Evergreen <br />National Bank in the amount of $13,342.00. Also enclosed is an original CO DBMS form "Financial Warranty — <br />Check For Deposit in State Treasury" executed for this specific permit application. <br />Venture Resources now believes that with this transmittal we have satisfied the requirements of Rule 4; and with this <br />cash bond posting, specifically satisfy Rule 4.3.1. Please call with any questions 303 - 619 -6323. <br />Sincerely, <br />Venture Resources, Inc. <br />Ryan J. cHale, PE <br />Vice President <br />Attached: ENB Cashier's Check # 6 5 7� <br />CO DRMS "Financial Warranty — Check For Deposit in State Treasury", executed <br />Page 1 of I <br />