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October 5, 2015 <br />Jay Wagner <br />Wager Rock LLC <br />96400 E Hwy 40 <br />Craig, CO 81625 <br />COCvRADO <br />A&VL v;uiVLt i,I lieCtarnat,on, <br />ra:,ti,ty CLIZ Safety <br />Department of Natural Rt5oure5 <br />1313 Sherman Street, ROOM z15 <br />Denver, Cu Suzu3 <br />RE: Wayner Rock, Permit No. M-2010-002, Reclamation Cows Updare and Notice of Surety <br />Increase (SI -If <br />Dear Mr. Wagner: <br />In an effort: To ensure rhe Financial Warranty for the above referenced afire adequately reflects the actual <br />current costs of fulfilling the requi, ements of the approved reclamation plan, The Colorado Division of <br />Reclamation, Mining and Safety (Division) has updated the reclamation cost estimate (copy endowed). <br />uivision calculations estimate the cost to redain, the above reterenced site to be 3-600 rounded up <br />from $13.565.52. This is an increase of over the $9.700 , equired surety field by the Division. Ir <br />is noted that rhe Diviai „ currently holds an actual surety of1� 0.200. 1 his estimate is based on <br />conditions observed during the Sepre,,,ber 9, 2015 inspection. Therefore, pursuanr ro Sectiu-n 34- <br />32.5-117(4) of Me Colorado Land Reclamarion Act adequate Financial Warranty musr be <br />submirred ro rhe :vision within 60 days of the mailing dare of chis letter. Tne additional amount <br />needs to be accepted prior ro Friday, December 04, 2015. Please review rhe a„closed figures as soon <br />as possible and contact our office if any nalculation errors are noted. <br />Please make arrangements with Barbara Cot is at the Division of Reclamation, Mining and Safety <br />De„ve, Office, phone no. 303.866.3567, ext. 8148 fo, submittal of the financial warranty. A„y <br />questions regardi,,g completion, execution and/or submittal of finaurial warranty forms snould also <br />be directed to Barbara Coria. <br />Ifyou require additional informar;o,,, or have questions or concerns, please feel f, ee to contact me. <br />Amy Yeldell at the Division of Reclamation. Mining and Safety, 1313 Sherman St., Room 215, <br />Denver, CO 80203. Direct contact can be made by phone ar 970-254-:3511 or via email at <br />amy.yeldell@ stme.co.ua <br />Sincerely, <br />AmyYe ae <br />E„vi, onmental Protection Specialist <br />Deparrment: of Natural Resources <br />Division of Reclamation, M;,,i„g and safety <br />Ec: Ruan Means, Senior EPS / Field Office Supervisor, G, and Junction DRMS <br />Enc: Financial Wa, , anty Cost Estimate <br />oF. 0 <br />1313 Sherman Street, Koom An, uen.er, t,u 8uz03 P 303.866.3567 F 303.832.8106 RttP:7/M;M;1.r-..tatE.co.a:, y 0 <br />**I <br />3onn W. R;ekcnlvuper, (juveni-ur I Mike Ring, Executive Director I v;rg;n;a Branipon, Direaur <br />*1876 <br />