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<br /> <br /> <br /> <br /> <br /> <br />September 30, 2024 <br /> <br /> <br />John Wilmot <br />Climax Molybdenum Company, Climax Mine <br />Hwy 91-Fremont Pass <br />Climax, CO 80429 <br /> <br /> <br />Re: Climax Mine - File No. M-1977-493 <br /> Climax Molybdenum Company, Climax Mine <br /> Technical Revision (TR-37) <br /> Adequacy Review Updates to Exhibits E, F, G & I <br /> <br />Dear John Wilmot: <br /> <br />On September 30, 2024 the Division of Reclamation, Mining and Safety concluded its review of the <br />Technical Revision application submitted to the Division on March 29, 2024, addressing the <br />following: <br /> <br />Provide updates to Exhibit E: Reclamation Plan, Exhibit F Reclamation Plan Maps, and Exhibit L <br />Costs. Information is to aid with the 2024 reclamation cost update. <br /> <br />The decision reached by the Division is: approve. Revised/updated Exhibits E, F, G & I. <br />Reclamation Cost estimate agreed upon. Notice of Surety Increase will be sent under seperate cover. <br /> <br />The terms of Technical Revision No. 37 approved by the Division are hereby incorporated into <br />Permit No. M-1977-493. All other conditions and requirements of Permit No. M-1977-493 remain in <br />full force and effect. <br /> <br /> <br />Bond Held: $91,011,850.00 <br />Prior Liability: $91,011,850.00 <br />Change in Liability: $0.00 <br />Revised Liability: $91,011,850.00 <br />Prior Permit Acreage: 14,000.00 <br />Change in Permit Acreage: 0.00 <br />Revised Permit Acreage: 14,000.00 <br />Prior Affected Acreage: 7,908.00 <br />Change in Affected Acreage: 0.00 <br />Revised Affected Acreage: 7,908.00