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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 />STATE OF COLORADO <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />March 18, 2015 Mike King <br />Executive Director <br />Virginia Brannon <br />Director <br />Michael Miller <br />VESCO Consulting Services, LLC <br />P.O. Box 336626 <br />Greeley, CO 80633 <br />Re: M- 2014 -070, GoodMiller #2 Pit, 112c Decision Letter - Financial and Performance Warranty <br />Request <br />Michael Miller: <br />On March 18, 2015, the Division of Reclamation, Mining and Safety approved your 112c mining permit <br />application. <br />The amount of financial warranty set by the Division for this operation is $194,300.00. 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. <br />Sincerely, <br />Eric C. Scott <br />Environmental Protection Specialist <br />Enclosure <br />cc: Greg Lewicki & Associates <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines <br />