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16. By violating sections 34-32-116(3), (4) and -127(2), C.R.S. and Rule <br /> 5.6(1), Prospector failed to comply with the Act and Rules, in violation of the <br /> performance warranty provisions of the NOI. <br /> 17. The Board is required to provide operators and all financial warrantors <br /> notice that a financial warranty is subject to forfeiture and afford such operators <br /> and financial warrantors the right to appear at such hearing to be held not less <br /> than thirty days after such notice. C.R.S. § 34-32-118(2); Rule 4.20(2). The Board, <br /> through delegation to the Division, properly notified Prospector and all financial <br /> warrantors of the September 27, 2017 hearing in accordance with section 34-32- <br /> 118(2), C.R.S. and Rule 4.20(2). <br /> 18. At a hearing to consider forfeiture of a financial warranty, the Board <br /> may withdraw or modify its determination that such warranty is subject to forfeiture, <br /> or settle, compromise, or confirm its determination. C.R.S. § 34-32-118(3)(a). In <br /> accordance with section 34-32-118(3)(a)(III), C.R.S., the Board confirms its <br /> determination that the financial warranty for the NOI is subject to forfeiture. The <br /> Board issues this Order pursuant to section 34-32-118(3)(b), C.R.S. <br /> ORDER <br /> Prospector did not appear in this matter to present any mitigating factors. <br /> There is no information before the Board indicating that any action other than the <br /> requested action is appropriate. Therefore, based on the foregoing findings of fact <br /> and conclusions of law, the Board enters the following order: <br /> The Board orders that the financial warranty for Notice of Intent number P- <br /> 2014-021 is FORFEITED and orders affected financial warrantors to immediately <br /> deliver to the Board all amounts warranted by applicable financial warranties. <br /> The Board waives any and all outstanding civil penalties against Prospector. <br /> DONE and ORDERED this 3 day of L e1Z . 2017. <br /> FOR THE COLORADO MINED LAND <br /> RECLAMATION BOARD <br /> Add <br /> J/n Singletary, C /r <br /> Eustice Zacher <br /> P-2014-021 /EZ Ranch—EZ 6 Claim <br /> PV-2017-008 3 <br />