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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 />Denison Mines (USA) Corp. <br />225 Union Blvd., Suite 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 <br />operators from Denison Mines (USA) Corp.dba Energy Fuels Resources (USA) to Energy Fuels Resources <br />(USA) Inc for this operation. Energy Fuels Resources (USA) Inc is now the permitted operator of the <br />Sunday Mine, and as such, is responsible for all provisions in M- 1977 -285, as well as those specified in the <br />Rules and Regulations. <br />Enclosed is the Performance Warranty you originally provided. The Financial Warranty Corporate Surety <br />issued by National Union Fire Insurance Company of Pittsburg, PA, Bond No. 99 -77 -23 has been transferred <br />to Energy Fuels (USA) Inc. <br />The Performance Warranty has been released as of September 6, 2012 Division approval for the succession <br />of operators. <br />If you have any questions, please contact me. <br />Sincerely, <br />( 0 <br />Bob Oswald <br />Environmental Protection Specialist <br />Enclosures <br />CERTIFIED MAIL NO. 7011 3500 0002 9607 8791 <br />Return Receipt Requested <br />cc: G. Russell Means, Division of Reclamation, Mining and Safety <br />Mined Land Reclamation <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 />Govemor <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 />