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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />October 7, 2010 <br />George Patterson <br />Energy Fuels Coal Inc. <br />P.O. Box 459 <br />Florence CO 81226 <br />Re: Southfield Mine, C1981-014, 2010-2011 Insurance Certificate <br />Dear Mr. Patterson: <br />COLORADO <br />D I V I S 10 N OF <br />RECLAMATION <br />MINING <br />SAFETY <br />Energy Fuels Coal, Inc. submitted a copy of proof of insurance certificate for the Southfield Mine (C- <br />81-014) on October 4, 2010 and a second copy on October 5, 2010. The insurance certificate covers <br />the time period from October 1, 2010 through September 30, 2011. The certificates list the insured as <br />Energy Fuels Corporation. The certificate dated October 4, 2010, also lists the description of the <br />operations as the "Southfield Mine-Permit #C-81-014". The Division accepts the Certificate of <br />Liability Insurance received October 4, 2010. <br />Please assure that a copy of this updated certificate of insurance is filed at the mine office with the <br />public records. Thank you for providing this information in accordance with Rule 2.03.9. <br />Sincerely, <br />al Protection Specialist II <br />67 ext. 8107 <br />C:/jhb/C 81014/Insurance/2011.doc <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines