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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />- <br />Department of Natural Resources ~ <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 C O L O R A D O <br /> <br />Phone: (303) 866-3567 DIVISION O F <br />RECLAMATION <br />FAX: (303) 832-8106 ~ M I N I N G <br /> - ~t- <br /> SAFETY <br /> MINING AND RECLAMATION PERMIT ~i Bill Ritter, lr. <br /> Governor <br /> HARD ROCK/METAL MINING OPERATIONS <br /> Harris D. Sherman <br /> Executive Director <br /> Ronald W. Cottony <br />Permit Number: M-2005-050 •~ Division DireROr <br /> <br />Type of Permit: <br />110(2) Natural Resource Trustee <br />~ ~ k i~~ <br />Permit Date: April 19, 2007 ~~ ~ Q ~~'n (6~;~'16/t ~ ~ o ~ ~ <br />(Anniversary date for ~~ : r~ ~r M' <br />annual report and fees l~ <br />purposes) <br />THIS PERMTI' is issued by the Mined Land Reclamation Boazd, Department of Natural Resources, <br />State of Colorado. <br />RECITALS <br />A. The Permittee, Rimrock Exploration & Development, Inc. desires to conduct a mining <br />operation known as J Birds, for the purpose of extracting Uranium and vanadium. Unless the permit is <br />modified or a separate permit is issued to cover the mining and/or recovery of other minerals or extractive <br />products, the Permittee will not mine any other commodities at this site. <br />B. On July 20, 2006 the Mined Land Reclamation Board (the "Board") approved the <br />Permittee's application for this pem3it, fixed the amount of the financial warranty and directed that this <br />pelmit be issued upon the filing with the Division of Reclamation, Mining and Safety (the "Division") of <br />performance warranty and financial warranty (or warranties) in the amount so fixed in form and substance <br />approved by the Division. Said warranties have been filed with the Division, <br />C. If the Permittee desires to extract materials other than those listed in (A), a sepazate permit <br />or a permit modification may be required. <br />D. On July 20, 2006 the Boazd made the following findings: <br />1. The application for this permit complies with the requirements of the Colorado <br />Mined Land Reclamation Act, C.R.S. 34-32-101 et seg., as amended, and with all applicable local, state and <br />federal laws; <br />2. The operation will not adversely affect the stability of any significant, valuable, <br />and permanent man-made structure located within two htmdred feet of the Affected Land, except where <br />there is an agreement between the Operator and the persons having an interest in the structure that damage <br />to the structure is to be compensated for by the Permittee or if such an agreement cannot be reached, an <br />engineering analysis establishes no damage will occur to the structure to the satisfaction of the Division and; <br />Office of Office of <br />Mined Cand Reclamation Denver Grand Junction Durango Active and Inactive Mines <br />