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<br /> <br /> <br /> <br /> <br /> <br />October 21, 2025 <br /> <br /> <br />Chris Oestreich <br />BURNCO Colorado, LLC <br />1120 W 122nd Ave. <br />Westminster, CO 80234 <br /> <br /> <br />Re: Bernhardt Resource - File No. M-2002-120 <br /> BURNCO Colorado, LLC <br /> Technical Revision (TR-2) <br /> Bernhardt Topsoil <br /> <br />Dear Chris Oestreich: <br /> <br />On October 21, 2025 the Division of Reclamation, Mining and Safety concluded its review of the <br />Technical Revision application submitted to the Division on October 7, 2025, addressing the <br />following: <br /> <br />BURNCO Colorado requests a Technical Revision (TR) to Permit M-2002-120 to address the topsoil <br />onsite. <br /> <br />The decision reached by the Division is: approve. <br /> <br />The terms of Technical Revision No. 2 approved by the Division are hereby incorporated into Permit <br />No. M-2002-120. All other conditions and requirements of Permit No. M-2002-120 remain in full <br />force and effect. <br /> <br /> <br />Bond Held: $2,869,171.00 <br />Prior Liability: $2,869,171.00 <br />Change in Liability: $0.00 <br />Revised Liability: $2,869,171.00 <br />Prior Permit Acreage: 291.64 <br />Change in Permit Acreage: 0.00 <br />Revised Permit Acreage: 291.64 <br />Prior Affected Acreage: 291.64 <br />Change in Affected Acreage: 0.00 <br />Revised Affected Acreage: 291.64 <br />