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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 />October 17, 2012 <br />AGC Resources LLC <br />1700 Lincoln St., Ste. 2222 <br />Denver, CO 80203 <br />Division records indicate $172.00 is due. <br />FINAL NOTICE <br />NOI No.: P- 2010 -018 <br />Operation Name: AGC Front Range Gold Project <br />Anniversary Date: August 23, 2011 & 2012 <br />Total: $172.00 (Due on or before ) <br />Make checks payable to the Division of Reclamation, Mining and Safety. <br />CERTIFIED MAIL NO.7011 3500 0002 9607 8319 <br />Return Receipt Requested <br />Office of <br />Mined 1l kftooitetriAmn ®teometter2_10- 17- 2012\P- 2010- 018_F7 doc Denver • Grand Junction • Durango <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 />Please be advised that according to records of the Division of Reclamation, Mining and Safety the annual fee listed <br />below is past due. <br />The Division must receive all fees due no later than 5 p.m. on November 16, 2012, or a Notice of Violation, <br />Cease and Desist Order from ALL exploration related activities, Civil Penalties equal to the amount of the annual <br />fee due, and a Notice of Formal Hearing before the Mined Land Reclamation Board for consideration of <br />POSSIBLE NOTICE OF INTENT (NOI) TERMINATION AND FINANCIAL WARRANTY FORFEITURE will <br />be issued for this account. <br />Please be aware that no NOI's for new Exploration or mining operations shall be granted to any operator <br />who is currently found to be in violation in this state (C.R.S. 34 -32 -120 or C.R.S. 34- 32.5 -120). <br />If your records indicate different facts than those stated above please inform the Division no later than November <br />16, 2012. If you receive this notice and you have mailed your payment and report to the Division, please disregard <br />this notice. The Division appreciates your prompt attention in this matter. <br />Any questions concerning your annual report or fees, may be directed to Mary Rodriguez at (303) 866 -2074 or <br />Jim Dupler (303) 866 -6277. <br />Office of <br />Active and Inactive Mines <br />