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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 />STATE OF COLORADO <br />COLORADO <br />D I V1 S I ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />NON CONFIDENTNax,_ Governor <br />March 5, 2014 Mike King <br />Executive Director <br />Dana J. Caccamise Loretta Pineda <br />Sierta LLC Director <br />1040 Cross Country Dr. <br />Columbus, Ohio 43235 <br />RE: Red Cone; DRMS File No. P- 2014 -003; Notice of Intent to Conduct Prospecting Operations; <br />Incomplete Application <br />Dear Mr. Caccamise, <br />On February 28, 2014, the Division of Reclamation, Mining and Safety (Division) received a Notice of <br />Intent (NOI) to Conduct Prospecting Operations for Hard Rock Mines Application from Sierta LLC, File <br />No. P- 2014 -003. Preliminary review of the information received determined that the following items <br />must be received before the Division can consider your application as being submitted and technical <br />review can begin: <br />The Applicant did not provide a financial warranty and applicable financial warranty form. As <br />required by Rule 4.2.6, upon filing the NOI, the prospector shall provide a financial warranty in the <br />amount of two thousand dollars per acre of land to be disturbed. The Applicant has stated that 0.5 <br />acres of land will be disturbed; therefore, you must submit a financial warranty in the amount of <br />$2,000.00. Please contact the Division to obtain the appropriate financial warranty form. <br />Please be advised that if these items have not been addressed within sixty (60) days of the date of this <br />letter (May 5, 2014), the Division may terminate the NOI Application in accordance with Rule 5.1.3(c). <br />The Division's notification process, review period of the NOI and associated Financial Warranty, and the <br />public comment period will not commence until this information is submitted by the applicant. <br />If you have any questions, please contact me at (303)866 -3567 x8116. <br />Sincerely, <br />Michael <br />�gALgham . Cun <br />Environmental Protection Specialist <br />CERTIFIED MAIL NO. 7011 3500 0002 9607 7183 <br />Return Receipt Requested <br />CC: Tom Kaldenbach, DRMS <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines <br />