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<br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Deparlmenl of NaWral Resources <br />1 717 Sherman 51., Room 215 ~`~ <br />Denver, Colorado 80207 I <br />Phone: (7031 866-3567 <br />FAX: (3071 83 2-81 06 <br />DEPARTMENT OF <br />MINING AND RECLAMATION PERMIT - MINERALS OTHER THAN COAL NATURAL <br />RESOURCES <br />Roy Romer <br />Permi t Number: M-95-019 governor <br />Type of Permit: 110 dames S. LOChhead <br />Exec Wive Director <br />Permi t Date: May 1 , 1995 Michael8 Long <br />Division Duec br <br />(Anniversary date for <br />annual report and fees , <br />purposes) <br />THIS PERMIT is issued by the Mined Land Reclamation Board, Department <br />of Natural Resources, State of Colorado. <br />RECITALS <br />A. Baca County (the "Operator") desires to conduct a mining operation <br />known as Mundell Estate No 32, for the purpose of extracting gravel. <br />B. On April 28, 1995, the Mined Land Reclamation Board (the "Board") <br />approved the Operator's application for this permit, fixed the amount of the <br />financial warranty and directed that this permit be issued upon the filing <br />with the Division of Minerals and Geology (the "Division") of performance <br />warranty and financial warranty (or warranties) in the amount so fixed in form <br />and substance approved by the Division. Said warranties have been filed with <br />the Division. <br />C. On April 28, 1995, the Board made the following findings: <br />1. The application for this permit complies with the requirements <br />of the Colorado Mined Land Reclamation Act, C.R.S. 34-32-101 et sec., as <br />amended, and with all applicable local, state and federal laws; <br />2. The operation will not adversely affect the stability of any <br />significant, valuable, and permanent man-made structure located within two <br />hundred feet of the Affected Land, except where there is an agreement between <br />the Operator and the persons having an interest in the structure that damage <br />to the structure is to be compensated for by the Operator; and <br />