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PERMIT #: M-1993-041 <br />INSPECTOR'S INITIALS: MAC <br />INSPECTION DATE: July 2, 2015 <br />Hydrologic Balance: <br />The Division observed water in the 3rd ridge pit during the inspection. The water is captured in the pits during <br />precipitation events. The Operator periodically pumps the water for use in dust suppression. Since the water <br />remains in the pits for longer than 72 hours, the Operator must account for evaporative depletions. The <br />Operator tracks the consumptive use of water and then makes payments to the St. Vrain and Left Hand Water <br />Conservancy District; water is eventually diverted into the St. Vrain River to replace the evaporative depletions <br />associated with the mining operation. <br />Financial Warranty: <br />The Division currently holds a financial warranty in the amount of $3,389,460.00. The bond was last calculated <br />in 2012 as part of a routine monitoring inspection. The Division has evaluated the financial warranty and has <br />determined that the current amount is sufficient to complete reclamation of the site. <br />This concluded the inspection. <br />Page 3 of 4 <br />