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<br /> <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br /> <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 | Robert Randall, Executive Director | Virginia Brannon, Director <br />August 19, 2016 <br /> <br />Mr. Jack Henris <br />Cripple Creek & Victor Gold Mining Company <br />100 N. Third Street <br />P.O. Box 191 <br />Victor, CO 80860 <br /> <br />Re: Project, Permit No. M-1980-244; <br /> Technical Revision (TR-79) Approval <br /> <br />Dear Mr. Henris: <br /> <br />On August 19, 2016 the Division of Reclamation, Mining and Safety approved the Technical Revision <br />application submitted to the Division on July 21, 2016, addressing the following: <br /> High Grade Mill Solution Piping to AGVLF Injection Drains <br />The terms of the Technical Revision No. 79 approved by the Division are hereby incorporated into Permit No. <br />M-1980-244. All other conditions and requirements of Permit No. M-1980-244 remain in full force and effect. <br /> <br />The Division has reviewed this minor change for impacts to the financial warranty. The $7,480 reclamation <br />cost estimate submitted with TR-79 was determined to be acceptable. When added to the previous estimated <br />liability amount of $173,365,571.00 (approval of TR-80, dated August 2, 2016) the new estimated liability is <br />$173,373,051.00. The performance bond currently held by the Division is $ $173,434,420.00. Therefore, the <br />surplus warranty is now $61,369.00. Please note TR-78 submitted on July 5, 2016, and considered complete <br />for the purpose of filing on July12, 2016; and TR-81submitted on August 8, 2016 are currently under review <br />and will likely also have impacts on the financial warranty. <br /> <br />If you have any questions or need further information, please contact me at (303)866-3567 x8169. <br /> <br />Sincerely, <br /> <br /> <br /> <br />Timothy A. Cazier, P.E. <br />Environmental Protection Specialist <br /> <br />ec: Wally Erickson, DRMS <br /> Barbara Coria, DRMS <br /> DRMS file <br /> Meg Burt, CC&V <br /> Erik Munroe, CC&V