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RIO GRANDE <br />- _ SILVER, INC. <br />May 28, 2013 <br />Bob Oswald <br />Colorado Department of Natural Resources <br />Division of Reclamation, Mining, and Safety <br />691 CR 233 <br />Suite A -2 <br />Durango, CO 81301 <br />RE: NOI P- 2011 -010, Equity Exploration Project <br />Annual Exploration and Reclamation Report; Payment of Annual Fee <br />Dear Mr. Oswald, <br />Enclosed is a summary of exploration and reclamation activities and associated maps, the annual <br />report form, and payment of annual fee for NOI #P- 2011 -010, Equity Exploration Project. <br />Rio Grande Silver has no plans to perform exploration under this permit in 2013, but would like <br />to leave this NOI open for future exploration in 2014 -2015. <br />Please call me at 719- 658 -1080 ext. 2701 if you have questions or comments. <br />Best Regards, <br />&"'-L, *((," <br />Randy McClure <br />General Manager <br />Rio Grande Silver, Inc. <br />625 USFS Road 504.1A <br />Creede, CO 81130 <br />(719) 658 -1080 ext. 2701 <br />rmcclure(&,,hecla- mining com <br />625 USFS Road 504.1A P.O. Box 610 Creede, CO 81130 <br />719 - 658 -1080 Fax 719 - 658 -1082 <br />