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COLORADO DIVISION OF MINERALS AND GEOLOGY <br /> ANNUAL REPORT FOR <br /> SPEER MINING RESOURCE <br /> M-1983-176 AM-4 <br /> ASPHALT SPECIALTIES CO., INC. <br /> DECEMBER 9, 2014 TO DECEMBER 9, 2015 <br /> 1. TOTAL ACRES IN PERMIT AREA: 75.5 <br /> 2. TOTAL PERMITTED MINEABLE ACRES: 57.2 <br /> 3. CURRENT TOTAL ACRES DISTURBED: APPROX. 53.5 <br /> 4. TOTAL ACRES MINED DURING REPORT YEAR: 0 <br /> 5. CURRENT TOTAL ACRES IN VARIOUS STAGES OF RECLAMATION: APPROX. <br /> 51.5 <br /> 6. TOTAL ACRES RECLAIMED DURING REPORT YEAR: 1.5 <br /> 7. APPROXIMATE ACREAGE TO BE MINED IN NEXT REPORT YEAR: 0 <br /> 8. APPROXIMATE ACREAGE TO BE RECLAIMED IN NEXT REPORT YEAR: 1.0 <br /> This permit site is in the process/stage of reclamation only for the remaining pit area. There is <br /> one small area near the entrance remaining to be mined, but that will only occur at the very end <br /> of the life of this site as an inert landfill. Approximately 1.5 acres were backfilled during the <br /> report year. Weed control in the form of herbicide spraying and Tamarisk cutting was <br /> implemented on this site in late Fall of 2014. No weed control was performed on this site during <br /> the reporting year, but conditions will be analyzed in the Spring of 2016 and at a minimum, <br /> several more Tamarisk shrubs that are currently present will be removed. <br /> No seeding or revegatation was implemented on this site during the report year, as the revised <br /> reclamation plan is to progressively backfill the site above the water-table first, then backfill <br /> further with a more mixed inert fill, before topsoiling and seeding. <br /> Reclamation during the next reporting year will be as continued backfill in the southern and <br /> central area of the permit site. <br /> Sufficiency of Value of Financial Warranty <br /> The permittee holds a Financial Warranty for the permit through Great American Insurance <br /> Company in the full amount of $678,169.00, a figure sufficient to achieve all reclamation <br /> requirements under the current permit. <br /> A check in the amount of$791.00 is being submitted with this report to cover the Annual Fee <br /> required to maintain this permit in good standing. <br />