Laserfiche WebLink
2) reduction of production costs from mine to salable uranium and vanadium as a result of the <br /> utilization of AMT. <br /> Conclusion: <br /> Colorado Rules state that an additional five(5)year Temporary Cessation term is allowable(1.13.5(3), <br /> (4),and (5)) but that in no case shall it be continued for more than ten (10)years(1.13.9).Within the <br /> next five years the Company can realize its business plan involving a new mill,AMT,and the Project and <br /> its near-term mining assets. Maintaining the Permit in Temporary Cessation for an additional 5 years will <br /> increase the likelihood of completing the plan whereas beginning reclamation will remove the Project <br /> from near term status and likely preclude any further production from the Project, rendering its <br /> potential uranium and vanadium resource worthless. If in five (5)years,the Company has not reached a <br /> point in its plan where it has begun operations at the Project, it understands it shall begin reclamation. <br /> Please grant Pinon Ridge Mining, LLC an additional five(5)years Temporary Cessation for the Van 4 <br /> Shaft, permit number M1997032. <br /> Sincerely, <br /> �� <br /> Patrick Siglin <br /> Pinon Ridge Mining, LLC—Vice President, Development <br /> Ec: Tony Waldron, DRMS Minerals Program Supervisor <br /> Russell Means, DRMS GJFO Senior EPS <br /> Cc: Nicolas Sandoval,Geologist,Colorado State Office BLM <br /> Bernard Buria, BLM Minerals, Montrose Office <br /> Pinon Ridge Mining, LLC <br /> P.O. Box 825 <br /> Nucla,CO 81424 <br />