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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 932-8106 <br />COLORADO <br />DIVISION O F <br />RECLAMATION <br />MINING <br />- &- <br />SAFETY <br />Ma 1$ 2007 ~ <br />y > / Bill Ritter, )r. <br />Governor <br />v/ <br />Mr. Mike Bennett Harris D. Sherman <br />Executive Director <br />39533 Co. Rd. 18 Ronan w. cattany <br />Holyoke, CO 80734 Division Director <br />7// Natural Resource Trustee <br />Re: File No. M-2007-0~, Bennett Pit, 110c Decision Letter -Financial and Performance Warranty Request - <br />ConstruMion Material Operation <br />Deaz Mr. Bennett: <br />On May 14, 2007, the Division of Reclamation, Mining and Safety approved your 110c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $16,000.00. Please see the attached estimate <br />for further detail. You must submit a financial warranty in this amount and a performance warranty in order for us to <br />issue a permit. In the event you have requested a financial warranty form, we have enclosed it in this letter. If you have <br />not, please select a type of financial warranty from Rule 4.3. Then contact us so that we can provide you with the <br />appropriate warranty form. We have enclosed a perfom3arlce warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFTER RECEH'T OF YOUR FINANCIAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCL4I. WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me at (303) 866943. <br />Sin rely <br />~~~ <br />Erica S. Crosby <br />Environmental Protection Specialis <br />Enclosure; DRMS Cost Estimate & Perfomlattce warranty <br />cc: Randy Schafer w/enclosure(s) <br />Office of Office of <br />Mined Land Reclamation Denver ~ Grand )unction Durango Active and Inactive Mines <br />