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DNR COLORADO <br /> CO g Division of Reclamation, <br /> r.' Mining and Safety <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 215 <br /> Denver, CO 80203 <br /> June 6, 2016 <br /> Dave Mosch <br /> P.O. Box 1484 <br /> Idaho Springs, CO 80452 <br /> RE: Phoenix Mine; DRMS File No. M-1982-075; Notice of Withdrawal of Surety Increase <br /> No. 2 <br /> Dear Mr. Mosch, <br /> On February 22, 2016 the Division of Reclamation, Mining and Safety (Division) increased the <br /> current Financial Warranty for this permit to $9,200.00, in accordance with Rule 4.2.1 of the Rules <br /> and Regulations. On March 23,2016,the Operator submitted a Technical Revision(TR-03)to update <br /> and clarify the Reclamation Plan. The Division approved TR-03 on June 1,2016. The changes to the <br /> approved Reclamation Plan have resulted in a reduction of the required amount of financial warranty. <br /> Therefore, the Division has withdrawn Surety Increase No. 2. The Division will recalculate the <br /> required financial warranty and the Operator will be notified of the revised surety increase under <br /> separate cover. <br /> If you have any questions,please contact me at(303)866-3567 x8116. <br /> Sincerely, <br /> Michael A. Cu gham <br /> Environmental Protection Specialist <br /> CC: Wally Erickson, DRMS <br /> of co�o� <br /> A O <br /> 1313 Sherman Street, Room 215, Denver,CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us ( *:C;* <br /> John W. Hickentooper, Governor I Mike King, Executive Director I Virginia Brannon, Director 876+ <br />