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4 . 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 />March 19, 2012 <br />Mr. Ryan J. McHale <br />lir) Venture Resources, Inc. <br />'(' P.O. Box 1974 <br />Idaho Springs, CO 80452 <br />Re: Robert Fulton Reclamation, M -2011 -007 Permit Issuance Hard Rock Mining Operation <br />Dear Mr. McHale: <br />On March 9, 2012 the Division of Reclamation, Mining and Safety found Venture Resources, Inc. to have satisfied the <br />applicable requirements of C.R.S. 34 -32 -101 et seq. for obtaining a mining and reclamation permit. Therefore, a permit <br />is being issued. Two signed originals of the permit have been executed. We have kept one copy for our files and are <br />enclosing one copy for your use. It is your responsibility to comply with all of the terms of the permit. <br />1. All of the original application materials, as amended and supplemented, are an integral part of your permit. They <br />have been incorporated into the permit by reference. We presume that you have a copy of all of these materials; <br />therefore, none have been enclosed with this mailing. We suggest that you keep a copy of the permit and the permit <br />application at the mining operation as a reference for operating personnel, to help ensure compliance with the terms of the <br />permit. <br />2. Changes in the mining and reclamation operations that differ from those described in the permit may require a <br />modification to the permit. We suggest consulting the Hard Rock/Metal Mining Rules and Regulations and/or contacting <br />us to determine if a revision to the permit is necessary. Rule 1.10 pertains to Amendments, Rule 1.9 to Technical <br />Revisions, and Rule 1.11 to Conversions. <br />3. On your permit anniversary date each year, March 9, you must submit an annual fee and an annual report to us. <br />The annual fee for this permit is $518.00. Please consult the Act, Rules and Regulations, and your permit for specific <br />annual report requirements applicable to your mine. <br />If you have any questions, please contact the Division. <br />Sincerely, <br />Loretta E. Pineda <br />Division Director <br />Enclosure <br />f <br />Office of <br />Mined Land Reclamation <br />cc: Tom Kaldenbach, Division Reclamation, Mining & Safety <br />STATE OF COLORADO <br />H zpri -ao7 <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />—&— <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />Office of <br />Denver • Grand Junction • Durango Active and Inactive Mines <br />