Laserfiche WebLink
L D <br /> 1 <br /> Division of Reclamation <br /> Tr Mining and Safety <br /> Department of Natural Resources <br /> October 6, 2025 <br /> Eric Leigh <br /> Monarch Mountain Minerals and Aggregates, LLC <br /> 5 Concourse Pkwy Suite 1900 <br /> Atlanta, GA 30328 <br /> RE: Financial Warranty Increase, Revision No. SI-1, Monarch DENM Mine, Permit No. M-2022-009 <br /> Dear Mr. Leigh, <br /> On October 6, 2025, the Division of Reclamation, Mining and Safety (Division/DBMS) increased the <br /> current Financial Warranty for the Monarch DENM Mine (M-2022-009) to $6,868,228.00, in accordance <br /> with Rule 4.2.1 of the Mineral Rules and Regulations for the Extraction of Construction Materials. This <br /> is an increase of$2,565,061.73 from the currently held amount of$4,303,166.27. <br /> The surety increase is based on the Operator's cost estimate for changing the mining cell sequence to <br /> begin with Cell 4 instead of Cell 1 provided in TR-3 Adequacy Review Response dated September 12, <br /> 2025. <br /> The Division ordered amendment of the current Financial Warranty, or submittal of a new Financial <br /> Warranty reflecting the increase, is due within sixty (60) days from the date of this letter, December 5, <br /> 2025. Failure to post the additional required Financial Warranty within sixty (60) days may result in the <br /> Division pursuing enforcement actions. <br /> Please make arrangements with Sara Stevenson-Benn at the Division's Denver office for submittal of <br /> the financial warranty. Any other questions regarding completion, execution and/or submittal of <br /> financial warranty forms should also be directed to Sara at sara.stevenson-benn@state.co.us. <br /> If you need additional information or have any questions, please contact me by email at <br /> patrick.lennberRPstate.co.us. <br /> Sincerely, <br /> Patrick Lennberg <br /> Environmental Protection Specialist <br /> OF Culp <br /> 1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 https://drms.colorado.gov/ °-= ',� <br /> Jared Polis, Governor I Dan Gibbs, Executive Director I Michael A. Cunningham, Director rA p <br /> T -`SA+E NUM�w <br />