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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 />September 1, 2011 <br />Black Diamond Minerals, LLC <br />1600 Stout Street, Suite 1710 <br />Denver, CO 80202 <br />FINAL NOTICE <br />Please be advised that according to records of the Division of Reclamation, Mining and Safety (the "Division ") the <br />annual fee and report listed below is past due. <br />The Division must receive all fees due, accompanied by an adequate report, no later than 5 p.m. on October <br />1, 2011, or a Notice of Violation, Cease and Desist Order from ALL mining related activities, Civil Penalties equal <br />to the amount of the annual fee due, and a Notice of Formal Public Hearing before the Mined Land Reclamation <br />Board for consideration of POSSIBLE PERMIT REVOCATION will be issued for this account. <br />The Annual Report and Fee requirement is not met until we have received the following components: fee, <br />report, and associated map. If no new disturbances or reclamation have occurred during the previous year <br />and no new changes to the previous year's map are necessary, then no new map is required, provided that <br />the Operator shall state this in the Annual Report. <br />Division records indicate $323.00 is due. <br />Permit No.: M- 2008 -027 <br />Operation Name: Tepee Park Ranch Shale Borrow Pit <br />Anniversary Date: August 5, 2011 <br />Total: $323.00 (Due on or before ) <br />If your records indicate different facts than those stated above please inform the Division no later than October 1 , <br />2011. If you receive this notice and you have mailed your payment and report to the Division, please disregard this <br />notice. The Division appreciates your prompt attention in this matter. <br />Any questions concerning your annual report or fees, may be directed to Mary Rodriguez at (303) 866 -3567 ext. <br />8138. <br />Make checks payable to the Division of Reclamation, Mining and Safety. <br />IvL•Dff(BiitiHt 1 \annfee\Letter2_9- 1- 2011\M- 2008- 027_F <br />Mined Land Reclamation Denver • Grand Junction • Durango <br />STATE OF COLORADO <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />— &— <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pilleda <br />Director <br />Office of <br />Active and inactive Mines <br />