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alA&I &/A (" <br />VDC <br />July 16, 2015 <br />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 />Mr. William R Magill <br />Quikrete Materials, LLC <br />3490 Piedmont Road, Suite 1300 <br />Atlanta, GA 30305 <br />s,o - (P <br />'4' <br />Re: Lily Mines, Permit M 1987-028 Succession of Operators Approval, Revision SO -6 <br />Dear Mr. Magill: <br />On July 14, 2015, the Division of Reclamation, Mining and Safety approved the succession of operators <br />from Quikrete Materials, LLC to Monarch Mountain Minerals and Aggregates, LLC for this operation. <br />Monarch Mountain Minerals and Aggregates, LLC is now the permitted operator of the Lily Mines, and as <br />such, is responsible for all provisions in M 1987-028, as well as those specified in the Rules and <br />Regulations. <br />Enclosed are the following bond and the Performance Warranty you originally provided. <br />Bond Type(s) <br />Financial Warranty Letter of Credit <br />Bond Number(s) Bond Amount(sl <br />SM232681W $282,000.00 <br />These have been released as of July 14, 2015 Division approval for the succession of operators. A copy of <br />the Irrevocable Letter of Credit is provided. The original has been sent by certified mail to Wells Fargo Bank <br />for release. You should confirm with your bank of this release by copy of this letter. <br />If you have any questions, please contact me. <br />Sincerely, <br />? m� � <br />Dustin M. Czapla <br />Environmental Protection Specialist <br />Enclosures <br />CERTIFIED MAIL No. 7014 0150 0000 9138 1268, Return Receipt Requested <br />Wells Fargo Bank <br />Intl Standby Letter of Credit Processing <br />MAC A02853-023 <br />7974 Davis Street, 2nd Floor <br />San Leandro, CA 94577-6922 <br />Certified Mail No. 7012 3460 0000 6385 0140, return receipt requested <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 <br />