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(Page 51 <br />MINE ID # OR PROSPECTING ID # M-97-089 <br />INSPECTION DATE 10/O8/98 INSPECTOR'S INITIALS J(_V~ <br />the conditions observed on 10/8/98, totals 518,618. Please find enclosed, 17 pages of <br />summaries, worksheets and data sheets, utilized by DMG to estimate the reclamation cost. <br />Pursuant to Rule 4.2.1(2-, the operator has 60 days from the date of this notice to increase the <br />financial warranty to not less than 518,618, OR to reduce reclamation liability to total not more <br />than the current 517,232 financial warranty, by conducting additional reclamation of affected <br />lands. <br />NOTE: The enclosed 10/13/98 estimation, assumes that the 3.7 acres of partial <br />reclamation has not been seeded. Task 5 of the 10/13/98 estimation indicates <br />that revegetation costs approximate 5469/acre. Therefore, if the operator can <br />seed and mulch the 3.7 acres, in accordance with the approved Reclamation <br />Plan prior to the 60th day, the reclamation liability may be reduced sufficiently <br />to not require additional financial warranty above the existing 517,232. <br />5469 revegetation/acre X 3.7 acres = 51,735 (reduced reclamation liability) <br />I & E Contact Address <br />518,618 - 51,735 = 516,883 (approximate total reclamation liability) <br />NAME Daren Stone <br />OPERATOR Daren Stone <br />STREET 24600 County Road P <br />CITYISTATEIZIP polores. CO 81323 <br />cc: Tom Gillis, DMG <br />^ CE <br />X BLM, Kent Hoffman, Durango, CO <br />^ FS <br />^ HW <br />^ HMWMD (CHI <br />^ SE <br />^ WOCD ICHI <br />X Friends of South Montezuma Valley <br /> c/o Susie Campbell Bell <br />