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ENERGY FUELS v <br />January 30, 2013 <br />To Whom it May Concern: <br />Yours verytr. y, <br />Division of Reclamation Mining and Safety <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />Re: Submission of Energy Fuels Resources (USA) Inc.'s Annual Report for the Topaz Mine Permit <br />Number M/�980/055/HR <br />Reference is made to the Notification of Change of Operator and Assumption of Past Liability form and letter, <br />dated August 24, 2012 for the Topaz Mine. This letter and attached form identify the change of the permit entity <br />of this mine from Denison Mines (USA) Corp. to Energy Fuels Resources (USA) Inc ( "EFRI "). <br />EFRI is providing the annual report for the Topaz Mine (the "Mine "). Attached please find the annual report <br />along with annual fee. The surface disturbance and reclamation has not changed from the map currently on file; <br />however, a map with the updated company information has been provided for informational purposes only. <br />There was no weed spraying or treatment conducted in 2012. Weed control will be conducted in 2013 in <br />accordance with the currently approved Pesticide Use Proposal, approved on July 23, 2012 by the Bureau of <br />Land Management ( "BLM "). EFRI is in the process installing three monitoring wells at the Sunday Mine <br />Complex. No additional surface disturbance will be caused by this installation, and the summary of findings and <br />the results of the purge test will be submitted under separate cover once the installation is complete. <br />If you have any questions or comments, please do not hesitate to contact me at 303 - 389 -4165. <br />ENERGY FUELS RESOURCES (USA) INC. <br />Philip Buck <br />Vice President - Mining <br />cc: Harold Roberts <br />David Frydenlund <br />Jo Ann Tischler <br />Kathy Weinel <br />Frank Filas <br />Ryan Ellis <br />Energy Fuels Resources (USA) Inc. <br />225 Union Blvd. Suite 600 <br />Lakewood, CO, US, 80228 <br />303 974 2140 <br />R P1 — I� ww.energyfuels.com <br />RECEIVED <br />f. 4N 31 1n13 <br />t DIVISION OF RECLAMATION <br />MINING AND SAFETY <br />