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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman SL, Room 215 C O L O RA D O <br />Denver, Colorado 80203 DIVISION O F <br />Phone: (303) 866-3567 MIN &RA L S <br />FAX: (303) 832-8106 G E O L O G Y <br /> RECUMATION~MI NING <br /> SAFETY•SCIENCE <br />October 28, 2003 sill owes <br />Governor <br />Greg E. Walther <br />Mr. Ronald F. Sessions Executive Director <br />Glenn E. Sessions & Sons, Ins. Ronald W. Cattany <br />33492 HWy 12$ Division Director <br />Walden, CO 80480 Natural Resource Trustee <br />Re: File No. M-2003-058, Fairbanks Pit, 110c Decision Letter -Financial and Performance Warranty <br />Request -Construction Material Operation <br />Dear Mr. Sessions: <br />On October 27, 2003, the Division of Minerals and Geology approved your 110c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $12,600.00. You must submit a financial <br />warranty in this amount and a performance warranty in order for us to issue a permit. In the event you have <br />requested a financial warranty form, we have enclosed it in this letter. If you have not, please select a type of <br />fmancial warranty from Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. <br />We have enclosed a performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS <br />BEEN ISSUED BY THE DIVISION AFTEEIg RECEIPT OF YOUR FINANCIAL WARRANTY AND <br />PERFORMANCE WARRANTY. A PERMIT 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 />Greg/?~e~ ~.C, <br />Environmental Protection Specialist <br />Enclosare <br />ca Linda Stephenson, Glenn E. Sessions & Sons, Inc. <br />Bazbaza Chiappone, DMG <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />