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CA <br /> AIMN COLORADO <br /> Division of Reclamation, <br /> Mining and Safety <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 215 <br /> Denver, CO 80203 <br /> July 12, 2018 <br /> Lawrence D. Martin <br /> Hourglass Sands, LLC <br /> 1183 E. Canvasback Dr. <br /> Terre Haute, IN 47802 <br /> RE: Jemadojin Sand Mine, Permit M-2006-017, Incomplete Application for Transfer of <br /> Mineral Permit and Succession of Operators, Option Two, Revision SO-04 <br /> Dear Mr. Martin and Mr. McGuire, <br /> On July 11, 2018 the Division of Reclamation, Mining and Safety received the Application Form for <br /> Transfer of Mineral Permit and Succession of Operators from Sand Acquisition Holdings, LLC to Hourglass <br /> Sands, LLC for the Jemadojin Sand Mine, Permit M-2006-017. <br /> The following item is incomplete for the application to be processed: <br /> 1. Financial Warranty was not provided per Timeline Option Two selected. The current required <br /> financial warranty amount is $128,878.00. Financial Warranty forms are available at <br /> http://mining.state.co.us, Forms Tab, drop down to Warranty Forms. <br /> If you intend to use the existing Sand Acquisition Holdings, LLC Financial Warranty Corporate Surety Third <br /> Party, please request a Rider from Lexon Insurance Company, to be attached to Financial Warranty <br /> Corporate Surety form, enclosed and signed by Hourglass Sands, LLC authorized signer. The Rider issued <br /> by Lexon Insurance Company will change Hourglass Sands, LLC from Warrantor for Sand Acquisition <br /> Holdings LLC to Operator for Bond No. 1155628. <br /> Please return the required financial warranty to the Division before September 8, 2018 to complete the <br /> application for approval. All completed permit documents are required to be submitted for consideration <br /> of your Request for Transfer of Mineral Permit and Succession of Operators Application. An incomplete <br /> application will be denied after the 60 day submittal request, if requested documents or information are <br /> not received. Please contact Tim Cazier, Specialist for your site, in the event of any delay in your <br /> submittal. <br /> If you have any questions, please contact me at 303 866-3567 ext. 8148. <br /> Sincerely, <br /> AatlLGL &,", <br /> Barbara Coria <br /> Financial Assurance Specialist <br /> Cc: Tim Cazier, Division of Reclamation, Mining and Safety <br /> Mr. W. Aaron Bowlds Via email abowlds@thorough bred 1p.cD01 <br /> Sand Acquisition Holdings, LLC <br /> Scott McGuire via email jsmcguire@hourglasssands.com <br /> °gip 0?� <br /> 1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us <br /> John W. Hickenlooper, Governor I Robert W. Randall, Executive Director I Virginia Brannon, Director <br />