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DMC GRM <br /> M-1997-032 TCO2 :)N OF RECLAMATION, MINING AND SAFETY <br /> J Annual Fee/Report: CiW :�t,Room 215,Denver,Colorado 80203 Phone(303)866-3567 <br /> No Violations <br /> TEMPORARY CESSATION NOTICE <br /> RECEIVE® <br /> (mining activities temporarily cease for more than a one-year period) MAY 3 0 2017 <br /> Today's date: May 24, 2017 <br /> DIVISION OF RECLAMATION <br /> Permit number: M- Site name: <br /> Van 4 S haft MINING AND SAFETY <br /> Montrose w� <br /> County: TC number: (DRMS use only <br /> Permittee making request:Pinon Ridge Mining, LLC <br /> Operator(if other than permittee): <br /> Date the initial five-year period of Temporary Cessation begins: June 13,2012(this request is for a second 5 year term) <br /> Reason mining activities(materials extraction,processing,hauling)have ceased: <br /> The temporary shutdown of the Van 4 Shaft is due to Pinon Ridge Mining LLC's endeavors to develop lower cost <br /> uranium and vanadium production and current market conditions and low price of uranium(see transmittal letter). <br /> Description of plan to resume operations: <br /> Operations at the Van 4 Shaft will recommence when Pinon Ridge Mining, LLC's buisiness <br /> plan and/or the when the market is more favorable (see transmittal letter). <br /> Description of plan to meet performance standards of Rule 3.1 during temporary cessation(reclamation,weed control, <br /> monitoring, signs,markers, etc.): <br /> All inspections and compliance requirements will continue during the second five year temporary <br /> cessation period. <br /> Number of affected acres:8.4 <br /> Amount of financial warranty(bond)on deposit with the state: $75,057.00 <br /> Required fees for Temporary Cessation by permit type(please mark the correct fee and submit it with this request <br /> for Temporary Cessation): <br /> Permit type Required TR fee Submitted(mark only one) <br /> Construction Materials $144 11 <br /> Hard Rock/Metal Mining $115 M <br /> The above-referenced enter emporary Cessation. This site has reserves remaining to be mined. <br /> Operator's signature: \ <br /> Please note: l �.`` V <br /> 1. While in Temporary Cessation, the operator must continue to comply with the Rules and Act, including <br /> maintaining the site, and must continue to file an annual report and annual fee. <br />