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to <br />January 7, 2014 <br />Division of Reclamation, Mining, and Safety <br />Department of Natural Resources <br />Attn: Michelle Ramirez <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Subject: SR -11 Mine Annual Report <br />File No. M- 1977 -451 <br />Dear Ms. Ramirez: <br />RECEIVED <br />FEB 14 2014 <br />Division of Reclamation, <br />Mining & Safety <br />The SR -11 Mine is located in San Miguel County and operates under <br />a 112 permit with a permitted acreage of 13.3 acres. This mine <br />has a phased reclamation plan. <br />There were no additional acres affected during the report year, <br />and no additional disturbance is anticipated for the upcoming <br />year. A new map is included, although no changes have occurred <br />since the last report. This mine is in temporary cessation. <br />The sufficiency of the financial warranty for the above captioned <br />permit has been reviewed by DRMS and Cotter Corporation and was <br />found sufficient to cover the reclamation costs associated with <br />this property. <br />Enclosed please find a check in the amount of $1150.00 as payment <br />for the annual fee. <br />If you need additional information, please call me at 970 -864- <br />7347. <br />Sincerely, <br />Glen Williams <br />Vice President, Mining Operations <br />GGr-'d <br />DRMS SR11 14 <br />Cotter Corporation - West Slope Operations Telephone (970) 864 -7347 <br />P.O. Box 700, 28151 DD Road, Nucla, CO 81424 USA Fax (970) 864 -7287 <br />