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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 /> February 19,2016 <br /> Mr. Thomas Musch <br /> 514 Americas Way#3773 <br /> Box Elder, SD 57719 <br /> Re: Lee No 2 Placer,Permit No.M-1987-072,Financial Warranty Increase,Revision No. SI- <br /> 2 <br /> Dear Mr. Musch, <br /> On February 19,2016 the Division of Reclamation,Mining and Safety increased the current Financial <br /> Warranty for this permit to $4,700.00, in accordance with Rule 4.2.1 of the Rules and Regulations. <br /> This is an increase of$3,500.00 over the currently held$1,200.00.The financial warranty calculation <br /> (copy enclosed) was based on a file review and observations made during the inspection conducted <br /> on January 21,2016. <br /> The Division ordered increase of the current Financial Warranty is due within 60 days (April 19 <br /> 2016)from the date of this letter. If you wish to submit a different type of Financial Warranty,please <br /> contact me such that I may send you the applicable form. <br /> If you have any questions,please contact me at(303)866-3567 x8116. <br /> Sincerely, <br /> -a - —L <br /> Michael A. Cu ingham <br /> Environmental Protection Specialist <br /> Enclosure <br /> cc: Wally Erickson,DRMS <br /> Barbara Coria,DRMS <br /> Stephanie Carter, BLM <br /> �wpF'c010 <br /> e <br /> H <br /> 1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us I <br /> John W. Hickenlooper, Governor I Mike King, Executive Director I Virginia Brannon, Director *,�1876 <br />