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RIO GRANDE <br />- _ SILVER, INC. <br />ANNUAL EXPLORATION & RECLAIMATION REPORT <br />August 21, 2012 — August 21, 2013 <br />Prospect NOI No.: <br />Prospect Site Name: <br />Operator/Prospector: <br />EXPLORATION <br />P- 2009 -026 <br />Midwest Exploration Project <br />Randy McClure <br />Rio Grande Silver, Inc. <br />625 USFS Road 504.1A <br />P.O. Box 610 <br />Creede, Colorado 81130 <br />Tel. (719) 658 -1080 <br />No exploration work was conducted on the Midwest Exploration Project NOI between August <br />21, 2012 and August 21, 2013. <br />RECLAMATION <br />Between August 21, 2012 and August 21, 2013, no reclamation work was completed on the <br />Midwest Exploration Project NOI. <br />625 USFS Road 504.1A P.O. Box 610 Creede, CO 81130 <br />719- 658 -1080 Fax 719 - 658 -1082 <br />