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COLORADO Division of Reclamation, Mining and Safety Dena rie o`Natura:Rey ources 1313 Sherman Street, Room 215 Denver, CO 80203 FINANCIAL WARRANTY CORPORATE SURETY ON BUREAU OF LAND MANAGEMENT LAND Operator: Mule Creek Gravel, LLC Operation: Mule Creek Pit Permit No.: M-2000-077 Bond No.: 2724047 Warrantor: Great American Insurance Company Street: 301 E Fourth Street City: Cincinnati State: Ohio Zip Code: 45202 Area Code: (513) Telephone: 369-5000 This form has been approved by the Mined Land Reclamation Board pursuant to sections 34-32-117, C.R.S., of the Mined Land Reclamation Act and 34-32.5-117, C.R.S.,of the Colorado Land Reclamation Act for the Extraction of Construction Materials. Any alteration or modification of this form, without approval by the Board shall result in the financial warranty being invalid and result in the voiding of any permit issued in conjunction with such invalid financial warranty and subject the operator to cease and desist orders and civil penalties for operating without a permit pursuant to sections 34-32-123, C.R.S.,of the Mined Land Reclamation Act and 34-32.5-123, C.R.S., of the Colorado Land Reclamation Act for the Extraction of Construction Materials. KNOW ALL MEN BY THESE PRESENTS,THAT: WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 34-32-101 et seMc. (the "Act"), as amended, provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the 'Board")receives a Financial Warranty(or Warranties)as described in the Act. WHEREAS, Mule Creek Gravel, LLC (the "Operator"), a Colorado corporation, has applied for a permit to conduct a mining operation known as Mule Creek Pit (the "Operation"), on certain lands in Teller County, Colorado. 1313 Sherman Street, Room 215, Denver, CO 80203 P 303,866.3567 F 303.832,8106 http://mming,state.co.us I John W. Hickentooper, Governor I Robert W. Randal:, Executive Director I Virginia Brannon, Director 1R7t