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01/31/2002 08:53 <br />~~~ <br />carraa <br />3036427379 <br />Mr. Anthony Waldron <br />Environmental Protection Specialist <br />Division of Minerals and Geology <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />COTTER CORPORATION <br />PAGE 02 <br />,~CEfVED <br />.IAN 31 Z00,~ <br />Division of Mirpralg~,Ogplp9Y <br />30 January, 200: <br />RE: Financial Warranty Recalculation for Reclamation Permit M-1977-300; <br />the Cotter Corporation Schwartzwalder Mine <br />Dear Mr. Waldron: <br />The Cotter Corporation (Cotter) Schwartzwalder Mine (Mine) is located in Jefferson County. <br />The Mine has a 112R Hard Rock/ Metal reclamation permit with a total permitted affected <br />acreage of 51.89 acres In Section 25, T25, R71W, 6PM and Section 8, T35, R7iDW, 6PM. A <br />total of $937,090.00 in site reclamation rnst5 for the Mine are currently covered under bond <br /> This financial warranty amount was calculated in 1993 and 1996 in accordance <br />with the work specified in the reclamation plan in effect at that time, <br />The Mine does not have a phased reclamation plan, but Cotter has been retlalrning surface <br />facilities and areas that are no longer used in the mining operation, in accordaiue with the <br />reclamation plan, since May of 1998. Technical revision #04 to Permit M-77-300 and the <br />overlap of affected lands with Permit M-2001-036 has also resulted in the elimination or <br />modification of several aspects of the reclamation plan for Permit M-77-300 since the last <br />complete warranty calculations were pertormed in 1996. Cotter is requesting a review of <br />financial warranty number by the Division of Minerals and Geology ([iivision) and <br />a reduction in the required warranty amount to reflect reclamation work mmpleU~d under the <br />current reclamation plan or eliminated by revision to the plan for Permit M-77-300. <br />A listing of bonded reclamation work that has been eliminated by technical revision to the <br />permit since the last financial warranty calculation of June 5, 1996 is included as Table A <br />"Reclamation Work Eliminated by Technical Revision #04 to Permit M-1977-300," <br />A listing of reclamation work completed in accordance with the permit reclamation plan <br /> uded below as Table B "Reclamation Work Completed for Permit M-1977-300." <br />Reclamation costs for the permit that will be warranted under Permit M-20D1-036 ,ire included <br />as Table C "Permit M-1977-300 Reclamation Work Now Covered by Permit M-20D1-036." <br />TA6LE A <br />Reclamation Work Eliminated by Technical Revision #04 to Permit M-1:977-300 <br />Reclamat on Work Descri tion Bonded Cost in dollars <br />• Streambed Restoration eliminated M-77-300 T.R.#04 118 244.00 <br /> <br />Subtotal for Recamation Work Eliminated b Revision .118,244.00 <br />Cover Corporation Telephone 1303)642.3893 <br />Scnwar¢walder Mine, P.O. Box 1017, Golden, CO 80402-1017 USA fax 1303) Bat-7378 <br />