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COLORADO <br /> Division of Reclamation, <br /> Mining and Safety <br /> i Department of Natural Resources <br /> 1313 Sherman St. Room 215 <br /> Denver, CO 80203 <br /> July 6, 2016 <br /> Mr. George E. Otten <br /> Central City Consolidated Mining <br /> 11438 CR 19 <br /> Fort Lupton, CO 80621 <br /> Re: Bates-Hunter Mine,Permit No.M-1990-041,Financial Warranty Increase,Revision <br /> No. SI-3 <br /> Dear Mr. Otten, <br /> In an effort to ensure the financial warranty remains adequate to reclaim this site per the <br /> requirements of the approved reclamation plan, the Colorado Division of Reclamation, Mining <br /> and Safety (Division) has updated the reclamation cost estimate (copy enclosed) for the above <br /> referenced operation. Therefore, pursuant to Section 34-32-117(4) of the Colorado Mined Land <br /> Reclamation Act, adequate financial warranty must be submitted to the Division within 60 days <br /> of the mailing of this report.The increase needs to be accepted prior to September 5,201 Please <br /> review the enclosed figures as soon as possible and contact our office if any calculation errors are <br /> noted. <br /> The Division's calculations estimate the cost to reclaim the site to be $149,721.00. This is an <br /> increase of$144,721.00 over the $5,000.00 currently held by the Division. The estimate is based <br /> on conditions observed during the latest inspection. <br /> If you have any questions,please contact me(303) 866-3567 x8116. <br /> Sincerely, <br /> Michael A. Cu�ingham <br /> Environmental Protection Specialist <br /> Enclosure <br /> cc: Wally Erickson, DRMS <br /> Barbara Coria, DRMS <br /> oF C < <br /> Q Q <br /> 1313 Sherman St. Room 215 Denver, CO 80203 P(303)866-3567 F 0 I <br /> John W. Hickenlooper, Governor I Robert W. Randall, Executive Director I Virginia Brannon, Director <br />