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STATE of COLORADO <br /> DIVISION Of RECLAMATION,MINING AND SAFETY <br /> Department of Natural Resources <br /> 1313 Sherman St.,Room 215 <br /> Denver,Colorado 80203 C O L O R A D O <br /> D IV I $ I ON of <br /> Phone:(303)866-3567 RECLAMATION <br /> FAX:(303)832-8106 MINING <br /> SAFETY <br /> FINANCIAL WARRANTY <br /> CHECK FOR DEPOSIT IN STATE TREASURY <br /> Operator North Star Turquoise, LLC <br /> Operation Bad Boys Pit <br /> Permit No M-1996-081 C..eck No. <br /> This farm has been approved by the Mined Land Reclamation Board pursuant to sections 34-32-11', (.R.S,of <br /> the Mined Land Reclamation Act and 34-32.5-I17, C.R.S., of the Colorado Land Reclamation fact for the <br /> Extraction of Construction Materials. Any alteration or modification of this form, without approval by the <br /> Board shall result in the financial warranty being invalid and result in the voiding of any permit issued in <br /> conjunction with such invalid financial warranty and subject the operator to cease and desist orders and civil <br /> penalties for operating without a permit pursuant to sections 34-32-123, C.R.S., of the Mined Land <br /> Reclamation Act and 34-32.5-123, C.R.S., of the Colorado Land Reclamation Act for the Extraction of <br /> Construction Materials. <br /> KNOW ALI MEN BY THESE PRESENTS,THAT: <br /> WHEREAS, the Colorado Mined. t:.nd Reclamation Act,C.R.S. 1973, 34-32-101 et seq. (the "Act"),a-• amended, <br /> pro%ides that no permit may be issued under the Act until the Mined Land Reclamation Board (the "Bo;jrd") receives a <br /> financia: warranty(or warranties)as described in the Act. <br /> WHEREAS, North Star Turquoise, LLC <br /> .. (the"Operator),a <br /> LLC corporation,has applied for a permit to conduct a inining operation known as <br /> Bad Boys Pit _ (the "Operation"), on certain lands in Teller County, <br /> Colorado These are described in the permit application, as amended and supplemented, and are referred to herein as the <br /> "Affected Lands". <br /> WHEREAS,in the application for the permit the Operator has agreed to be bound by all requirements of the Act and <br /> Al applicable rules and regulations of the Board, as amended from time to time. <br /> WIIEREAS, in the application for the permit, the Operator has agreed will: the Board to provide for reclamation of <br /> the Affected Lands, that are now or may become subject to the permit, as required by ',aw. <br /> Office of Office of <br /> Mined Land Reclamation Denver • Grand lunction • Durango Active and Inactive m7nes <br />