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1.3 <br />The underground activity being conducted by Grand Valley is planned to allow subsequent <br />• reclamation in an environmentally sound manner. This document explains in detail the plan of <br />mining and reclamation with baseline environmental studies providing the basis for the <br />preparation of these plans. The area will be returned to land use equal to or higher than currently <br />exists, after a valuable natural resource has been extracted. <br />1988 PERMIT RENEWAL <br />During the later portion of 1987, Sheridan Enterprises, Inc. transferred its interest in Loma <br />Mining Company to Mack Fuel Supply, Inc. Sheridan had been the managing parbier of Salt <br />Creek Mining Company as well as the original operator of the Loma Project. Mack Fuel Supply, <br />Inc. now holds 100% of the stock of Salt Creek Mining Company through its subsidiaries. Salt <br />Creek Mining Company will remain the operator of the project and the individual mines. All <br />• ownership information is detailed in Appendix "A". <br />An attempt has been made to replace all references to Sheridan Enterprises, Inc. in this <br />document. Inadvertent reference to Sheridan still existing should be interpreted as reference to <br />the succeeding operator, Salt Creek Mining Company. <br />During the permit term from July 5, 1985 to July 5, 1988 Salt Creek was not successful in <br />marketing coal but remained committed to the development of the Loma Project including both <br />McClave and Munger Canyon Mines. All permits and authorizations were kept current and the <br />mines were maintained properly. Numerous compliance inspections occurred at the mines (both <br />CMLR and OSM), with no citations issued. In general, the mines were maintained so that <br />resumption of mining and project development could continue with minimum delay once a market <br />for the coal was established. <br />C~ <br />M~ Volume 1 4.29-96 <br />