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(Form 2 - (Public File) <br />6. All prospecting operations shall be in compliance with the Colorado <br />Mined Land Reclamation Act, as amended (34 -32 -101 et seq. C.R.S.), and <br />all rules and regulations currently in effect or promulgated pursuant <br />thereto. See 2 CCR 407 -1, Mined Land Reclamation Board Hardrock /Metal <br />Mining Rules. <br />VI. ADDITIONAL TERMS AND CONDITIONS FOR PROSPECTING ON BLM /USFS LANDS <br />1. The prospector will supply a copy of this NOI to the appropriate BLM <br />and /or USFS office. <br />2. The prospector authorizes the MLRB to discuss the information in this <br />Notice of Intent with the BLM and /or USFS. <br />3. If on BLM land, the prospector will complete reclamation to the <br />standards described in 43 CFR 3809.1 -3 (d) and implement reasonable <br />measures to prevent unnecessary or undue degradation of lands during <br />operations. <br />VII. FINANCIAL WARRANTY <br />A financial warranty must be provided for the cost of reclamation of the <br />disturbance described in this Notice. The prospector can either file a <br />"One Site Prospecting Financial Warranty" or a "Statewide Financial <br />Warranty." The financial warranty must be submitted and approved by the <br />Division prior to entry upon lands for the purpose of prospecting. <br />A One -Site Prospecting Financial Warranty is usually filed by individuals <br />or companies where prospecting activities are limited to a single area. <br />It must be filed in the amount of $2,000 per acre for land to be <br />disturbed, or such other amount as determined by the Division, based on <br />the projected costs of reclamation. A Statewide Financial Warranty is <br />usually filed by companies with multiple prospecting sites. It must be <br />filed in an amount equal to the estimated cost of reclamation per acre of <br />affected land for all anticipated sites statewide. (You may increase the <br />statewide bond at any time in order to cover additional or expanded <br />prospecting activities.) <br />