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<br /> <br /> <br /> <br /> <br /> <br />April 26, 2023 <br /> <br /> <br />Kelly Hodge <br />Broken Arrow Investments LLC <br />801 8th St., Ste. 130 <br />Greeley, CO 80631-3903 <br /> <br /> <br />Re: Derr Pit - File No. M-2008-017 <br /> Broken Arrow Investments LLC <br /> Technical Revision (TR-8) <br /> Revision to the mining plan to include surface mining for Phase 5a (5a,6a,7a) - not <br />exposing groundwater. <br /> <br />Dear Kelly Hodge: <br /> <br />On April 26, 2023 the Division of Reclamation, Mining and Safety concluded its review of the <br />Technical Revision application submitted to the Division on January 30, 2023, addressing the <br />following: <br /> <br />Revision to the mining and reclamation plans to include surface mining for Phase 5a (previously 5a, <br />6a, and 7a) - not exposing groundwater. <br /> <br />The decision reached by the Division is: awaiting warranty. Revision to the mining and reclamation <br />plans to include surface mining for Phase 5a (previously 5a, 6a, and 7a) - not exposing groundwater. <br /> <br />The terms of Technical Revision No. 8 approved by the Division are hereby incorporated into Permit <br />No. M-2008-017 . All other conditions and requirements of Permit No. M-2008 -017 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: $753,487.00 <br />Prior Liability: $753,487.00 <br />Change in Liability: $1,218,513.00 <br />Revised Liability: $1,972,000.00 <br />Prior Permit Acreage: 145.05