2025-11-25_REVISION - M1999004 - Laserfiche WebLink

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13. STEWARDSHIP TRUST STIPULATION-- Lessor shall specify certain stipulations with respect to use of the surface if said surface is included in the Stewardship Trust prior to the issuance of this Lease. 14. MINING METHODS -- Only mining methods that will insure the extraction of the greatest possible amount of minerals consistent within the laws and with prevailing good mining practice shall be used. If during mining activities, rock of high sales value such as high quality moss rock is encountered, this rock shall not be diluted with less valuable rock and then sold for less than its market value. 15. OPERATION PLAN -- All plans for exploration and mining shall be submitted to Lessor for approval by Lessor before such operations begin. These plans will include, but not be limited to, location of additional roads, location of access points to the Leased Premises, and location of any cattle guards or gates. The mining of this quarry will be conducted in such a way as to minimize visual impact from Highway 115 by the leaving of a wall of in-place quartzite sandstone of at least fifty feet in width such as that remaining in the northeast portion of the existing quarry. Mining of the quarry floor will be conducted in such a way as to leave at least ten feet of competent sandstone overlying any shale, claystone or otherwise less competent rock that would be subject to erosion upon exposure. There shall be no mining in areas containing springs or wetlands. Plans shall include provisions for control of noxious weeds on all lands disturbed by the Lessee, and along all transportation corridors used by the Lessee within the Leased Premises. 16. ENVIRONMENTAL ANALYSIS -- Lessee shall comply with all applicable federal, state, and local laws, rules, regulations, permits, codes and ordinances, including the rules, regulations and requirements of the Colorado Division of Reclamation, Mining and Safety to identify and reduce adverse impacts to the environment, and the public health, safety and welfare. Prior to any surface occupancy on the Leased Premises, Lessee must perform environmental analyses that are required by any local, state or federal agency or regulation, including, but not limited to, the study of the impacts of the mining operation on wildlife, air, water, soil, or other biological resources. Lessor may require that Lessee submit the environmental analysis, including proposed mitigation plans, for review by Lessor before any exploration or mining begins. 17. RECLAMATION -- Lessee shall submit all plans for restoration and reclamation of Leased Premises to Lessor for Lessor's approval before submitting the appropriate permit or permits pursuant to the Colorado Mined Land Reclamation Act 34-32-101 ET SEQ., C.R.S. 1973 as amended. Rules and regulations as set forth by the Division of Reclamation, Mining, and Safety for recovery and restoration of mined land will apply where applicable to the Leased Premises. Variations from the reclamation plan as originally submitted to the Board for approval may be granted only with the written approval of Lessor. 18. LESSOR'S APPROVAL -- Whenever approval by Lessor is required or contemplated by Lessee, approval must be in writing and shalt be optional and shall be within the sole and absolute discretion of Lessor. 19. OTHER STATE AGENCIES -- Lessor may determine that instruments and documents required by other State agencies satisfy certain requirements of this lease. In the event that Lessee is required to file instruments and documents with other State agencies, including the Division of Reclamation, Mining, and Safety, Lessee shall notify Lessor of said filing and Lessor reserves the right to request and obtain copies of such instruments and documents from the agency or from Lessee. SM 102453 Page 6 of 15