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<br /> <br /> <br /> <br /> <br /> <br />November 7, 2023 <br /> <br /> <br />Theresa Thomas <br />BURNCO Colorado, LLC <br />301 Centennial Drive <br />Milliken, CO 80543 <br /> <br /> <br />Re: Inouye Gravel Mine - File No. M-2018-037 <br /> BURNCO Colorado, LLC <br /> Technical Revision (TR-2) <br /> Revision to Modify Mining Plan and Phased Reclamation Bond <br /> <br />Dear Theresa Thomas: <br /> <br />On November 7, 2023 the Division of Reclamation, Mining and Safety concluded its review of the <br />Technical Revision application submitted to the Division on October 16, 2023, addressing the <br />following: <br /> <br />Revision to Mining Plan to account for abandoned oil/gas wells, remove concrete/asphalt plant, move <br />topsoil stockpiles, install conveyor to plant, move processing plant, and implement Phased Bond. <br />Revision to reclamation bond to account for mining plan changes, SEO approval of Cell 3 slurry wall <br />liner, and bond phasing. <br /> <br />The decision reached by the Division is: approve. <br /> <br />The terms of Technical Revision No. 2 approved by the Division are hereby incorporated into Permit <br />No. M-2018-037 . All other conditions and requirements of Permit No. M-2018 -037 remain in full <br />force and effect. <br /> <br /> <br />Bond Held: $4,446,424.00 <br />Prior Liability: $4,446,424.00 <br />Change in Liability: ($923,424.00) <br />Revised Liability: $3,523,000.00 <br />Prior Permit Acreage: 178.90 <br />Change in Permit Acreage: 0.00 <br />Revised Permit Acreage: 178.90 <br />Prior Affected Acreage: 0.00 <br />Change in Affected Acreage: 0.00