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Climax Molybdenum <br />A Freeport- McMoRan Company <br />Sent by Certified Mail <br />February 27, 2015 <br />Eric Scott, Environmental Protection Specialist <br />Division of Reclamation, Mining and Safety <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Re: 2014 Annual Report - Climax Mine, Permit No. M- 1977 -493 <br />Dear Mr. Scott: <br />Climax Mine <br />Hwy 91 — Fremont Pass <br />Climax, CO 80429 <br />Phone (719) 486 -2150 <br />Fax (719) 486 -2251 <br />Enclosed please find the 2014 Annual Reclamation Report for Climax Molybdenum Company - Climax <br />Mine (Climax) and a check to the Division of Reclamation, Mining, and Safety (DRMS) for the annual <br />fee of $1,150.00. The enclosed Annual Report and attachments follow the format of the questionnaire we <br />received from DRMS in the Annual Fee Invoice and Report Request letter dated February 2, 2015. The <br />report describes 2014 reclamation and disturbance activities, estimated reclamation and disturbance <br />activities planned for 2015, and provides information on water quality monitoring and weed control. The <br />Annual Report also includes the first annual (year 2014) tailing storage facility (TSF) evaluation for <br />Tenmile and Mayflower TSFs in accordance with the June 23, 2014 adequacy response letter for <br />Technical Revision 23. <br />Climax also has reevaluated the way that disturbed and reclaimed acreage is classified and mapped and <br />has made a correction to the total acres graded in the 2014 Annual Report. The table below shows the <br />corrected 2014 acreage in comparison to the 2013 Annual Report. <br />2013 2014 <br />Description Acreage Acreage Reason for Change <br />Added 58.8 acres on Robinson TSl due <br />Total Acres Graded <br />699.8 <br />758.6 <br />to inclusion of pond area that is <br />considered reclamation in progress. <br />Climax will use the 2014 acreage in the 2014 Annual Report as the basis for all reclamation tracking <br />going forward. Please contact me at 719 - 486 -7584 if you have any questions on the Annual Report. <br />Sincerely, <br />P --_ <br />Raymond Lazuk <br />Environmental Manager <br />enc. <br />