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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 /> July 28, 2014 <br /> Christopher L.Varra <br /> Varra Companies,Inc. <br /> 8120 Gage Street <br /> Frederick,CO 80516 <br /> Re: File No.M-2013-064,Varra-Coulson Resource Project, 112c Decision Letter-Financial and <br /> Performance Warranty Request-Construction Material Operation <br /> Mr.Van-a: <br /> On July 28,2014,the Division of Reclamation,Mining and Safety(Division)approved your 112c mining <br /> permit application. <br /> The amount of financial warranty set by the Division for this operation is$205,801.00. You must submit a <br /> financial warranty in this amount and a performance warranty in order for us to issue a permit. In the event <br /> you have requested a financial warranty form,we have enclosed it in this letter. If you have not,please select <br /> a type of financial warranty from Rule 4.3. Then contact us so that we can provide you with the appropriate <br /> warranty form. We have enclosed a performance warranty form with this letter for your use. <br /> PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT <br /> HAS BEEN ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY <br /> AND PERFORMANCE WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY <br /> THE ADEQUACY OF BOTH YOUR FINANCIAL WARRANTY AND PERFORMANCE <br /> WARRANTY. <br /> If you have any questions,please contact me at(303) 866-3567 Ext. 8124. <br /> Sincere <br /> Peter S. Hays <br /> Environmental Protection Specialist <br /> Enclosure <br /> Cc: Tom Kaldenbach,Division of Reclamation,Mining and Safety <br /> Barbara Coria,Division of Reclamation,Mining and Safety <br /> o! <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 I Virginia Brannon, Director \, 1876 <br />