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<br /> <br /> <br /> <br /> <br /> <br />December 16, 2025 <br /> <br /> <br />Eric Leigh <br />Monarch Mountain Minerals and Aggregates, LLC <br />5 Concourse Pkwy Suite 1900 <br />Atlanta, GA 30328 <br /> <br /> <br />Re: Monarch DENM Mine - File No. M-2022-009 <br /> Monarch Mountain Minerals and Aggregates, LLC <br /> Technical Revision (TR-4) <br /> Submission of Baseline Water Quality Report and Update Groundwater Monitoring Plan <br /> <br />Dear Eric Leigh: <br /> <br />On December 16, 2025 the Division of Reclamation, Mining and Safety concluded its review of the <br />Technical Revision application submitted to the Division on December 4, 2025, addressing the <br />following: <br /> <br />Submission of five consecutive quarters of baseline water quality data and revise the groundwater <br />monitoring plan to reduce the frequency from quarterly to twice a year and reduce the analyte list to <br />twenty (20) constituents. <br /> <br />The decision reached by the Division is: approve. <br /> <br />The terms of Technical Revision No. 4 approved by the Division are hereby incorporated into Permit <br />No. M-2022-009. All other conditions and requirements of Permit No. M-2022-009 remain in full <br />force and effect. <br /> <br /> <br />Bond Held: $6,868,228.00 <br />Prior Liability: $6,868,228.00 <br />Change in Liability: $0.00 <br />Revised Liability: $6,868,228.00 <br />Prior Permit Acreage: 545.90 <br />Change in Permit Acreage: 0.00 <br />Revised Permit Acreage: 545.90 <br />Prior Affected Acreage: 545.90 <br />Change in Affected Acreage: 0.00 <br />Revised Affected Acreage: 545.90