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STATE OF COLORADO <br /> DIVISION OF MINERALS AND GEOLOGY E ED <br /> Department of Natural Resources <br /> 1313 Sherman St., Room 215 OCT 2 8 2002 DIVISION OF <br /> Denver,Colorado 80203 <br /> Phone:(303)866-3567 M I N E RA L S <br /> FAX:(303)832-8106 Division of Minerals and Geology & <br /> State of r,pi�r1r GEOLOGY, <br /> Dep nt of t, I Resources R E C L A M AT I O N <br /> Divisioi­vl R0;_ 1,1, Mining and Safety MINING-SAFETY <br /> FINANCIAL WARRANTY <br /> RUE,-SAD Oi CERTIFICATION OF DEPOSIT Bill Owens <br /> _ ,,,��7// �/ Governor <br /> q,t)b-X.P�,,y�/�1/u—� `�'�T'� GregE.Walcher <br /> 1�r J Executive Director <br /> Michael B Long <br /> Op Bator: C On Sf r L C�'1 O Division Director <br /> Operation: r 1&L l e► <br /> Permit No.: M - d 0 1 - 0 514 <br /> Fir_,CA Crri ! 1 I t O C <br /> Bank. �'1� ► Z E 0 <br /> Street: PC) Pj-i rJ <br /> City: (0 LkY`a i t <br /> State: C O 1 C)rrk aO Zip Code: I L4 a 7 <br /> Area Code: ( Telephone:'�a - '4 y 7 R FAX: tl r7 0-3 Z - <br /> KNOW ALL MEN BY THESE PRESENTS,THAT: <br /> WHEREAS,the Colorado Mined Land Reclamation Act,C:RS. 1973,34-32-101,et seq. (the"Act"),as amended, <br /> provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the "Board") receives a <br /> Financial Warranty(or Warranties)as described in the Act. <br /> WHEREAS, V Q_i r �'fl n Sir'�LCt (the "Operator),a L <br /> corporation,has applied for a permit to conduct a mining operation known as <br /> (the"Operation"),on certain lands in e County,Colorado. These lands are described <br /> in the permit application, as amended and supplemented,and are re erred to herein as the"Affected Lands." <br /> WHEREAS,in the application for the permit,the Operator has agreed to be bound by all requirements of the Act <br /> and all applicable rules and regulations of the Board, as amended from time to time. <br /> WHEREAS,in the application for the permit,the Operator has agreed with the Board to provide for reclamation <br /> of the Affected Lands that are now,or may become,subject to the permit,as required by law. <br /> WHEREAS,the Board has determined,in accordance with the Act,that the estimated costs of reclamation of the <br /> Affected Lands are those amounts for the stated periods of time as set forth herein. Said amount may be amended from time <br /> to time to reflect revised estimates of said costs of reclamation. <br /> WHEREAS,the Operator,in accordance with the Act,has promised and hereby promises the Board that it will be <br /> responsible for all the estimated costs of reclamation with regard to the Affected Lands. <br />