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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 /> MINING AND RECLAMATION PERMIT <br /> CONSTRUCTION MATERIAL MINING OPERATIONS <br /> Permit Number: M-2015-027 <br /> Type of Permit: 110C <br /> Permit Date: March 21,2016 <br /> (Anniversary date for annual report and fee purposes) <br /> THIS PERMIT is issued by the Mined Land Reclamation Board,Department of Natural Resources, <br /> State of Colorado. <br /> RECITALS <br /> A. The Permittee, RANCHO GRECO LIMITED desires to conduct a mining operation known as <br /> Vermillion Creek Borrow Area, for the purpose of extracting Borrow material for construction and reclamation only <br /> permit. Unless this permit is modified or a separate permit is issued to cover the mining and/or recovery of other <br /> minerals or extractive products,the Permittee will not mine or recover any other commodities at this site. <br /> B. On January 19, 2016 the Mined Land Reclamation Board (the "Board") approved the Permittee's <br /> application for this permit, fixed the amount of the financial warranty and directed that this permit be issued upon the <br /> filing with the Division of Reclamation, Mining and Safety (the "Division") of performance warranty and financial <br /> warranty (or warranties) in the amount so fixed in form and substance approved by the Division. Said warranties have <br /> been filed with the Division. <br /> C. If the Permittee desires to extract materials other than those listed in (A), a separate permit or a permit <br /> modification may be required. <br /> D. On January 19,2016 the Board made the following findings: <br /> 1. The application for this permit complies with the requirements of the Colorado Mined Land <br /> Reclamation Act for the Extraction of Construction Materials, C.R.S. 34-32.5-101 et seq., as amended, and with all <br /> applicable local, state and federal laws; <br /> 2. The operation will not adversely affect the stability of any significant, valuable, and permanent <br /> man-made structure located within two hundred feet of the Affected Land, except where there is an agreement between <br /> the Operator and the persons having an interest in the structure that damage to the structure is to be compensated for by <br /> the Permittee if such an agreement cannot be reached, an engineering analysis establishes no damage will occur to the <br /> structure to the satisfaction of the Division; and; <br /> OF COtO <br /> 1313 Sherman Street, Room 215, Denver,CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us <br /> John W. Hickenlooper, Governor I Mike King, Executive Director I Virginia Brannon, Director **!g76 <br />