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<br /> <br /> <br /> <br /> <br /> <br />July 25, 2022 <br /> <br /> <br />Michael Leister <br />Leister Materials Limited DBA Select Materials <br />17269 CR 12 <br />Ft. Lupton, CO 80621 <br /> <br /> <br />Re: Select Materials - File No. M-1980-205 <br /> Leister Materials Limited DBA Select Materials <br /> Technical Revision (TR-2) <br /> Technical Revision to update and clarify the current approved mine and reclamation plans <br />to reflect existing and proposed activities. <br /> <br />Dear Michael Leister: <br /> <br />On July 25, 2022 the Division of Reclamation, Mining and Safety concluded its review of the <br />Technical Revision application submitted to the Division on July 15, 2022, addressing the following: <br /> <br />Revision to update and clarify the current approved mine and reclamation plans to reflect existing and <br />proposed activities. <br /> <br />The decision reached by the Division is: awaiting warranty. Approve TR02 for Mining and <br />Reclamation Plan, and notification of required reclamation bond increase. <br /> <br />The terms of Technical Revision No. 2 approved by the Division are hereby incorporated into Permit <br />No. M-1980-205 . All other conditions and requirements of Permit No. M-1980 -205 remain in full <br />force and effect. <br /> <br />The revised liability amount exceeds the financial warranty currently held (see below), please submit <br />additional bond or a rider to your existing bond that equals or exceeds the Revised Liability. The <br />revision will not be final until the bond is approved by the Division. <br /> <br /> <br />Bond Held: $7,500.00 <br />Prior Liability: $7,500.00 <br />Change in Liability: $25,950.00 <br />Revised Liability: $33,450.00 <br />Prior Permit Acreage: 38.40 <br />Change in Permit Acreage: 0.00