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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 />September 11, 2012 <br />Christy Woodward <br />Energy Fuels Resources (USA) Inc <br />225 Union Blvd., Ste. 600 <br />Lakewood, CO 80228 <br />Re: Sunday Mine, Permit No. M- 1977 -285, Succession of Operators Approval, Revision No. SO -4 <br />Dear Christy Woodward: <br />On September 6, 2012, the Division of Reclamation, Mining and Safety approved the succession of operators from <br />Denison Mines (USA) Corp.dba Energy Fuels Resources (USA) to Energy Fuels Resources (USA) Inc for this <br />operation. Energy Fuels Resources (USA) Inc is now the permitted operator of the Sunday Mine, and as such, is <br />responsible for all provisions in M- 1977 -285, as well as those specified in the Rules and Regulations. Denison Mines <br />(USA) Corp.dba Energy Fuels Resources (USA) is relieved of all responsibilities concerning this operation. <br />Please Note: <br />1. All of the application materials, as amended and supplemented, are in integral part of your permit. They have <br />been incorporated into the permit by reference. We presume that you have a copy of all of these materials, therefore, <br />none have been enclosed with this mailing. We suggest that you keep a copy of the permit and the permit application <br />at the mining operation as a reference for operation personnel, to help ensure compliance with the terms of the 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 Rules and Regulations and /or contacting us to determine if a <br />modification to the permit is necessary. Rule 1.10 pertains to Amendments, Rule 1.9 to Technical Revisions, and Rule <br />1.11 to Conversions. <br />3. On your permit anniversary date each year, you must submit an annual fee and annual report to us. Please <br />consult the Rules, Act, and your permit for specific requirements. <br />The estimated liability amount of $297,926.00 for the Sunday Mine has been provided by National Union Fire <br />Insurance Company of Pittsburgh, PA, Bond No. 99 -77 -23 in the amount of $304,184.00. <br />The transfer of this permit does not result in the transfer of any other permits or licenses, with this Division, <br />the State, or Federal Agency, which might be associated with this operation. <br />If you have any questions, contact me. <br />Sincerely, <br />Mined Land Reclamation <br />Bob Oswald <br />Environmental Protection Specialist <br />cc: G. Russell Means, Division of Reclamation, Mining and Safety <br />STATE OF COLORADO <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 Office of <br />Denver • Grand Junction • Durango Active and Inactive Mines <br />