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DN COLORADO <br /> CO i Division of Reclamation, <br /> Mining and Safety <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 215 <br /> Denver, CO 80203 <br /> June 14, 2016 <br /> Stephen Hilgers <br /> Santiago Mining Co., LLC <br /> 6499 Plateau Drive <br /> Englewood, CO 80111 <br /> RE: Santiago Mine; DRMS File No. P-2016-014; Notice of Intent to Conduct Prospecting; <br /> Incomplete Application <br /> Dear Mr. Hilgers, <br /> On June 10, 2016, the Division of Reclamation, Mining and Safety(Division)received a Notice <br /> of Intent (NOI) to Conduct Prospecting Operations for Hard Rock Mines Application from <br /> Santiago Mining Co., LLC, File No. P-2016-014. Preliminary review of the information <br /> received determined that the following items must be received before the Division can consider <br /> your application as being submitted and technical review can begin: <br /> 1. The Division did not receive the required financial warranty for the proposed operation. <br /> Pursuant to Rule 5.3.3, upon filing the NOI, the Prospector shall provide Financial Warranty <br /> in the amount $2,000 per acre of the land to be disturbed, or such other amount as determined <br /> by the Office. The Applicant has estimated the total disturbance for the Santiago Mine NOI <br /> to be 0.25 acres. Therefore, the Division must receive a financial warranty in the amount of <br /> $2,000.00 in order to file the NOI for review. In addition, the Applicant must submit the <br /> appropriate bonding forms, which have been enclosed with this letter. <br /> If you have any questions,please contact me at (303)866-3567 x8116. <br /> Si cerely, <br /> Michael A. unningham <br /> Environmental Protection Specialist <br /> Enclosure <br /> CC: Wally Erickson, DRMS <br /> OF•CO� <br /> �_ 90 <br /> 1313 Sherman Street, Room 215, Denver,CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.usI <br /> John W. Hickenlooper, Governor I Mike King, Executive Director I Virginia Brannon, Director *l876 <br />