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COLORADO <br /> Division of Reclamation, <br /> Mining and Safety <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 215 <br /> Denver, CO 80203 <br /> June 19,2014 <br /> Mr.Boyd Astemborski <br /> High Speed Mining,LLC <br /> 8480 East Orchard Road <br /> $te 3600 <br /> Greenwood Village,CO 80111 <br /> Re: Katuska Pit,Permit No.M-1991-037,Financial Warranty Increase,Revision No.SI-1 <br /> Dear Mr.Astemborski, <br /> In an effort to ensure the financial warranty remains adequate to reclaim this site per the requirements of the <br /> approved reclamation plan,the Colorado Division of Reclamation,Mining and Safety(Division)has updated <br /> the reclamation cost estimate (copy enclosed) for the above referenced operation. Therefore, pursuant to <br /> Section 34-32.5-117(4) of the Colorado Land Reclamation Act, adequate financial warranty must be <br /> submitted to the Division within 60 days of the mailing of this report.The increase needs to be accepted <br /> prior to August 18,2014.Please review the enclosed figures as soon as possible and contact our office if any <br /> calculation errors are noted. <br /> The Division's calculations estimate the cost to reclaim the site to be $21,110.00. This is an increase of <br /> $16,110.00 over the $5,000.00 currently held by the Division. The estimate is based on conditions observed <br /> during the latest inspection. <br /> If you have any questions,please contact me(303)866-3567 x8116. <br /> Sincerely, <br /> Michael A.Cunningham <br /> Environmental Protection Specialist <br /> CERTIFIED MAIL NO. 7011 3460 0000 6384 6938 <br /> Return Receipt Requested <br /> Enclosure <br /> cc: Barbara Coria,DRMS <br /> Tom Kaldenbach,DRMS <br /> pF'CO <br /> � LOB •. <br /> 1313 Sherman Street, Room 215,Denver,CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us * *- <br /> John W.Hickenlooper, Governor I Mike King, Executive Director Virginia Brannon, Director ' 1876 <br />