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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 />Operator. <br />Operation: <br />Permit No.: <br />Warrantor. <br />Street: <br />City: <br />State: <br />STATE OF COLORADO <br />FINANCIAL WARRANTY <br />CORPORATE SURETY <br />Kirkland Construction L.L.L.P. <br />Blue Valley Pit <br />Bond No.: <br />Travelers Casualty and Surety Company of America <br />One Tower Square <br />Hartford <br />CT Zip Code: 06183 <br />Area Code: 303 <br />Telephone: 200 -8418 <br />COLORADO <br />DIVISION Of <br />RECLAMATION <br />MINING <br />— &-- <br />SAFETY <br />This form has been approved by the Mined Land Reclamation Boardpursuant to sections 34-32 -117, C KS., of the Mitred Land <br />Reclamation Act and34- 32.5- 117,CR.&,of the Colorado LandReelamationActfor the ExtractionofConstructionMaterials: Any <br />alteration or mod{ fication of thisform, without approval by theBoard shall result in thefrnancial N,arranty beinginvalid and result in <br />the voiding of any permit issued in conjunction with such invalid financial warranty and subject the operator to cease and desist <br />orders and civil penaltiesfor operating without a permit pursuant to sections34 -32 -123. C.R.S., of the Mined Land Reclamation Act <br />and 34-32.5-123, GR.S., of the Colorado Land Reclamation Act for the Extraction of Construction Materials. <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34 -32 -141 et §M. (the "Act "), as amended, <br />provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the "Board ") receives a <br />Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, Kirkland Construction, L.L.L.R (the "Operator "), a N/A <br />corporation, has applied for a permit to conduct a mining operation known as Blue Valley Pit (the <br />Grand County, Colorado. These lands are described in thepennit <br />"Operation "), on certain lands in tSr� <br />application, as amended and supplemented, and are referred to herein as the "Affected Lands ". <br />WHEREAS, in the application for the permit, the Operator has agreed to be bound by all requirements ofthe Act and all <br />applicable rules and regulations of the Board, as amended from time to time. <br />WHEREAS, in the application for the permit, the Operator has agreed with the Board to provide for reclamation of the <br />Affected Lands that are now, or may become, subject to the permit, as required by law. <br />Office of <br />Office of Active and Inactive Mines <br />r umvor . Grand !unction • Durango <br />