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• (Page 3) • <br /> MINE ID # OR PROSPECTING ID # M-1977-451 <br /> INSPECTION DATE 12/6/00 INSPECTOR'S INITIALS WHE <br /> Financial Warranty As noted above, financial warranty for the operation totals $17,718. DMG <br /> has reviewed the current cost of reclamation and has determined that a $15,969 reduction in the <br /> amount of financial warranty is appropriate for successful completion of reclamation backfill, <br /> grading and topsoil replacement. However, DMG reclamation cost estimation indicates that DMG <br /> must retain $1 ,749 financial warranty to ensure successful establishment of an appropriate <br /> vegetative cover. Please find enclosed, copy of DMG's 12/13/00 reclamation cost estimation. <br /> Pursuant to Rule 4.2.1 (8), the amount of financial warranty held by DMG could be reduced to <br /> $100, providing that the $8,000 reclamation bond with the DOE remains intact. DMG accepted <br /> the DOE bond as financial warranty under TR-01 . Therefore, should the operator provide <br /> documentation to DMG, verifying that the DOE bond remains intact, DMG will accept $100 <br /> financial warranty. If the operator cannot verify that the DOE bond remains intact, DMG will <br /> accept $1,749 financial warranty. <br /> Responses to this inspection report should be directed to the Division of Minerals and Geology, 701 <br /> Camino del Rio, Room 125, Durango, Colorado 81301, Attn: Wally Erickson, phone no. 970-247- <br /> 5469. <br /> I & E Contact Address cc: Tom Gillis, DMG <br /> ❑ CE <br /> NAME Dave Diss ❑ BLM <br /> OPERATOR Cotter Corporation ❑ FS <br /> STREET P.O. Box 700 ❑ HW <br /> CITY/STATE/ZIP Nucla, CO 81424-0700 ❑ HMWMD (CH) <br /> ❑ SE <br /> ❑ WQCD (CHI <br /> ❑ OTHER <br />