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-2- <br />PROVIDED, however, the Warrantor shall not be liable under this financial warranty for an amount greater in the <br />aggregate than the sum designated in the first paragraph hereof, unless increased by a later amendment, and shall not <br />be liable as respects any obligation related to prospecting and reclamation operations performed after the effective date <br />of a cancellation of this financial warranty pursuant to the terms of Section 34- 32- 117(5), as amended. This financial <br />warranty shall remain in force and effect as respects all obligations for all prospecting and reclamation operations <br />performed prior to the effective date of such cancellation unless the Principal files a substitute bond which: 1) assumes <br />liability for all obligations for all prospecting and reclamation operations performed during the effective dates of this <br />financial warranty ; and 2) is acceptable to the Board; or unless the Board otherwise releases this financial warranty. <br />The Warrantor reserves the right to cancel this financial warranty, effective only upon an anniversary date, and only <br />by giving written notice to that effect, mailed by Certified Mail, at least ninety (90) days prior to such anniversary date, <br />addressed to both the Prospector at its address herein stated, and to the Board at the address herein stated. In the event <br />of such cancellation, this financial warranty shall nevertheless remain in full force and effect as respects the <br />reclamation of all areas disturbed prior to the effective date of such cancellation, unless and until the Prospector shall <br />file a substitute financial warranty which: (1) assumes liability for all reclamation obligations which shall have arisen <br />at any time while this financial warranty is in force; and (2) is accepted in writing by the Board. <br />Signed, sealed, and dated this 2 Y of ' , �. <br />C'ew.g n 1 4Le-• <br />Principal <br />By <br />Title <br />Mailing Address <br />CQ-,)^�eP7,01a Ctl' <br />APPROVED: <br />2 <br />Division Director <br />M:\min\share\Prospecting Forms \One Site Prosp FW Cash.doc <br />Principal <br />By <br />Title <br />Mailing Address <br />Date <br />