2015-12-16_REVISION - M1979181 (3)

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December 16, 2015 COLORADO Division of Reclamation, Mining and Safety Department of Natural Resources 1313 Sherman Street, Room 215 Denver, CO 80203 Marilyn Anderson 42 Mining Company Ltd 300 E. Commerce Street Jacksonville, TX 75766 Re: Ruby Trust Mine, Permit M-1979-181, Succession of Operators Approval, Revision SO -3 Dear Marilyn Anderson: On December 14, 2015, the Division of Reclamation, Mining and Safety approved the succession of operators from Walker Ruby Mining Company, Inc., to 42 Mining Company Ltd for this operation. 42 Mining Company Ltd is now the permitted operator of the Ruby Trust Mine, and as such, is responsible for all provisions in M-1979-181, as well as those specified in the Rules and Regulations. Walker Ruby Mining Company, Inc. is relieved of all responsibilities concerning this operation. Please Note: 1. All of the application materials, as amended and supplemented, are in integral part of your permit. They have been incorporated into the permit by reference. We presume that you have a copy of all of these materials; therefore, none have been enclosed with this mailing. We suggest that you keep a copy of the permit and the permit application at the mining operation as a reference for operation personnel, to help ensure compliance with the terms of the permit. 2. Changes in the mining and reclamation operations that differ from those described in the permit may require a modification to the permit. We suggest consulting the Rules and Regulations and/or contacting us to determine if a modification to the permit is necessary. Rule 1.10 pertains to Amendments, Rule 1.9 to Technical Revisions, and Rule 1.11 to Conversions. 3. On your permit anniversary date each year, you must submit an annual fee and annual report to us. Please consult the Rules, Act, and your permit for specific requirements. The new estimated liability amount of $18,738.00 for Ruby Trust Mine has been provided by Financial Warranty Check for Deposit in State Treasury in the amount of $18,738.00. The transfer of this permit does not result in the transfer of any other permits or licenses, with this Division, the State, or Federal Agency, which might be associated with this operation. If you have any questions, contact me. Sincerely, Travis H. Marshall Environmental Protection Specialist Cc: Russ Means, Division of Reclamation, Mining and Safety 1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us John W. Hickenlooper, Governor I Mike King, Executive Director I Virginia Brannon, Director