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DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman SL, Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866 -3567 <br />FAX: (303) 832 -8106 <br />March 29, 2013 <br />Ed Cordes <br />Cordes & Company <br />5299 DTC Blvd., Suite 815 <br />Greenwood Village, CO 80111 <br />RE: AGC Front Range Gold Project; DBMS File NO. P- 2010 -018; Financial Warranty <br />Reduction Approval, Revision No. SR -1 <br />Dear Mr. Cordes: <br />On February 27, 2013 the Division of Reclamation, Mining and Safety approved your request for a <br />Financial Warranty Reduction to $2,000.00. This is a reduction of $22,070.00 from the currently <br />held Financial Warranty. This decision reduces the amount of the financial warranty, and does not <br />approve any release of reclamation responsibility for the tasks associated with this request. <br />Please complete and return the enclosed W -9 form so that we can issue the refund. A copy of the <br />original W -9 form has been enclosed for your reference. <br />If you have any questions, please contact me at (303)866 -3567 x8116. <br />Sincerely, <br />Michael A. Cunthingham <br />Environmental Protection Specialist <br />Enclosures <br />CC: Tom Kaldenbach, DRMS <br />Barbara Coria, DRMS <br />Mark Steen, Gold Hill Mines, Inc. <br />Office of <br />! 1:.....7 .....I 0...- 1.......H.... <br />Eq a /a -a/d <br />STATE OF COLORADO <br />Ille.a.aersor fle—mri la sr..-14.r <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 <br />A .- r..... -,...r 4.�.s:.... LA ...... <br />