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Yoast Mine <br />Phase I Bond Release Request (SL-4) May 2012 <br />III. IDENTIFICATION OF LANDS <br />The Yoast Mine is located approximately 8.5 miles southeast of the Town of Hayden, <br />Colorado off of Routt County Road 27. The USGS 7.5 Minute Quadrangle Maps of <br />Dunckley and Mt. Harris, contains the described permit area. The specific area (171.6 acres) <br />to which this bond release request applies is included within the Permit Area described as <br />follows. <br />The general legal description of the Yoast Permit Area is described as: <br />T6N, R87W <br />Section 28: Portions of NW' /4 , NW'/4SW' /4, SWl/4NE' /4 <br />Section 29: Portions of SE' <br />Section 32: Portions of NW'/4NE' /4, W' /2E' /2 <br />T5N, R87W <br />Section 5: Portions of W' /2E' /2 <br />Section 8: NW'/4, SW'/4, W',4NE'/4, and W1/4SE1/4 <br />Section 16: SW1/4NW' /4, NW' /1SW %, and portions of SW' /4SW'/4, <br />NW' %NW1/4, SE'/4NW' /4, NE'/4SW' /4, and NW'/4SE1/4 <br />Section 17: All <br />Section 18: NE'/4SE1/4, S' /2SE' /4 <br />Section 19: OA and portions of E' /2W' /2 <br />Section 20: SW'/4NW' /4, N' /2NW' /4, W' /2SW' /4 and portions of N' /2NE' /4 <br />Section 29: NW' /4NW'/4 <br />Section 30: N' /2NE' /4 <br />All west of the 6th Principal Meridian; totaling 2,318.3 acres. The location of the bond release <br />area is shown on Exhibit A — Phase I Bond Request (SL -4). <br />2 <br />