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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 8663567 <br />FAX: (303) 832$106 <br />June 6, 2003 <br />COLORADO <br />DIVISION O F <br />MINERALS <br />GEOLOGY <br />IECLAMATION•MI NING <br />SAFETY•SCIEN<E <br />Bill Owens <br />Mr. Joseph L. Dorris Covemor <br />Joseph L. Dorris Greg E. watcher <br />E:ecutive Director <br />2920 Cedar Hts. Dr. <br />Colorado S rin s, CO 80904 Ronald W. Cattany <br />P g Division Director <br />Natural Resource Trustee <br />Re: File No. M-2003-030, Glacier Peak Mining, M-2003-030 Decision Letter -Financial and <br />Performance Warranty Request -Hard Rock Mining Operation <br />Dear Mr. Dorris: <br />On June 4, 2003, the Division of Minerals and Geology approved your 110(2) mining permit application. <br />The amount of financial warranty set by the Division for this operation is $4,905.00. You must submit a <br />financial warranty in this amount and a performance warranty in order for us to issue a permit. In the event <br />you have requested a financial warranty form, we have enclosed it in this letter. If you have not, please select <br />a type of financial warranty from Rule 4.3. Then contact us so that we can provide you with the appropriate <br />warranty form. We have enclosed a performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTII, A PERMIT HAS <br />BEEN ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCLAL WARRANTY AND <br />PERFORMANCE WARRANTY. A PERMTT WILL NOT BE ISSUED UNTIL WE VERIFY THE <br />ADEQUACY OF BOTH YOUR FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me. <br />Sincerely, <br />ames Di]]ie <br />Environmental Protection Specialist <br />Enclosure <br />Office of Office of Colorado <br />M111~'[0{IRHi M2003030 IDI_20030606 100216 AM.doc Active and Inactive Mines Geological Survey <br />