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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-2014-063 <br /> Type of Permit: 112c <br /> Permit Date: March 8,2016 <br /> (Anniversary date for annual report and fees 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, White River City Investments LLC desires to conduct a mining operation known as WRC <br /> Wet Pit, for the purpose of extracting Gravel. Unless this permit is modified or a separate permit is issued to cover the <br /> mining and/or recovery of other minerals or extractive products, the Permittee will not mine or recover any other <br /> commodities at this site. <br /> B. On March 27, 2015 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 March 27,2015 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; of cow <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. Hickentooper,Governor I Mike King, Executive Director I Virginia Brannon, Director I * ** <br /> 1876 <br />