Laserfiche WebLink
-4- <br />If this Financial Warranty applies to lands under the jurisdiction of the State Board of Land Commissioners ("Land <br />Board"), and if this Financial Warranty, in whole or in part, is accepted by the Land Board as the bond required under its <br />applicable law and procedures, then, the Operator having requested that the state accept this Financial Warranty in lieu of <br />the separate bonds which would otherwise be required by the Colorado Mined Land Reclamation Board or Division of <br />Reclamation, Mining and Safety and by the Land Board, hereby agrees that, notwithstanding any other provision hereof, or <br />of law, this Financial Warranty shall remain in full force and effect until the Board is notified in writing by the Land Board <br />that the Operator's obligations to the Land Board, for which this warranty is executed, have been satisfied and until its <br />release is approved by the Board. <br />If all or any part ofthe Affected Lands are under the jurisdiction of the Bureau of Land Management, United States <br />Department of the Interior, ("the BLM") and if at the request of the Operator on this Financial Warranty the BLM has, <br />pursuant to 43 C.F.R. 3809.1-9, accepted this Financial Warranty in lieu of requiring a separate reclamation bond payable <br />to the United States, then, notwithstanding any other provision of this Financial Warranty, or of law, the Operator hereby <br />agrees that this Financial Warranty shall not be released until the Board is advised in writing by the BLM that the <br />Operator's obligations to the BLM, for which this warranty is executed, have been satisfied and until its release is approved <br />by the Board. <br />This Financial Warranty may be executed in multiple copies, each of which shall be treated as an original, but <br />together they constitute only one agreement, the validity and interpretation of which shall be governed by the laws of the <br />State of Colorado. <br />The provisions hereof shall bind and inure to the benefit of the parties hereto and their. <br />Signed and dated this <br />13th day of June 2011 <br />Colorado Goldfields Inc. <br />Operator <br />By: <br />a CORPORATE 4' <br />0 SEAL Z <br />n <br />C. Stephen Guyer <br />Title: Chief Financial Officer <br />NOTARIZATION OF OPERATOR'S ACKNOWLEDGEMENT <br />0. <br />�:NDA`ISO <br />STATE OF &icr.& o ) <br />ss. <br />COUNTY OF ARADMbol— ) <br />o,�pRY <br />The foregoing instrument was acknowledged before me this Ck day of Ti*-E <br />by C. Stephen Guyer as Chief Financial Officer of Coloradoffloldfiek <br />LOVE <br />NOTAR <br />My Commission expires: <br />