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• STATE OF cOLOMD0 DIVISION OF MINERALS AND GEOLOGY RECEIVED Mcn Department of Natural Resources �/ 1313 Sherman St.,Room 215 • Denver,Colorado 80203 MAR 2 2 2004 DINI SION 1114 Phone:(303)866-3567 State of tb'FbF b83z-alo6 MINER/ Department of Natural Resources Division of Minerals end Geology Division of Reclamation, Mining and Safety ie.04 GEN L O �r�n5l•rr��la 6(%��'r -7)112e"1 ^"� "� ` PERFORMANCE WARRANTY RE LAMAT ING•SA MINING•SAF RELEASED ON: Bill Owens Jll/1'j /4 ��/ Governor Greg E.Walther ExecutiveaDirector or BY: Michael B.Long Operator: V cw T tit Division Director Operation: Permit No: /14 c3 3.- D 4-2- KNOW -2KNOW ALL MEN BY THESE PRESENTS, THAT: WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 34-32-101 et sem. (the "Act"), as amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials, C.R.S. 34-32.5-101 ete_c . (the "Act"),as amended, provides that no permit may be issued under the Act until the Mined Land Reclamation Board(the "Board")receives a performance warranty(or warranties)that is a written promise to comply with all applicable requirements of the Act. • WHEREAS, v'e.440- f14o,.74 ". 1 s L L e, the ( "Operator"), has applied for a permit to conduct a mining operation known as /2e plc 2 s f 4,.cJ 0 (the "Operation")on certain lands in s'�,, «., r County, Colorado. These lands are described in the permit application, as amended and supplemented, and are referred to herein as the "Affected Lands". WHEREAS, in its application for the permit, the Operator has agreed to be bound by all requirements of the Act and all applicable riles and regulations of the Board, as amended from time to time. WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of reclamation with regard to those affected lands in 5.1.40...,; County which are now or may become subject to the permit are those amounts for the stated periods of time as set forth in the financial warranty,which may be amended from time to time to reflect revised estimates of said costs of reclamation. WHEREAS, the Operator hereby gives the Board a performance warranty pursuant to Section 34-32-117(2) or Section 34-32.5-117(2) of the Act, and herein promises the Board that it will comply with all applicable requirements of the Act with regard to those Affected Lands.