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/~ <br />III I II I II I II IIII III ~ ~ __ _ <br />999 <br /> STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Dcpartmem of Natural Resources <br />131 }Sherman Sl., Room 215 <br />Denver, Colorado 80203 DIVISION O F <br />Phone: 1303) 8663567 MINERAL 5 <br />FAX: 1303183:-8106 & <br /> GEOLOGY <br /> RECLAMATION <br />Apri119.2000 MINING•SAFE7Y <br />Bill Owens <br />Mr. Mike A. Ferrero envemor <br />34259 Hwy. 12 Creg E. Walther <br />Trinidad, CO 81082 Ececmive Director <br />Michael B. Long <br />RE: File No. M-2000-028, Ferrero Pit, Financial and Performance Warranties Division Director <br />Dear Mr. Ferrero <br />On April l3, 2000, the Division of Minerals and Geology received The Fvst National Bank in Trinidad <br />Irrevocable Letter of Credit in the amount of $13,887.00 and the Financial Warranty/Letter of Credit <br />form. The Division did not receive a call report for The Fvst National Bank in Trinidad or a <br />Performance Warranty. I have included the Performance Warranty form for your use. <br />Upon completion, please forward all documents to me attention. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS <br />BEEN ISSUED BY THE DMSION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY ALND <br />PERFORMANCE WARRANTY. A PERMIT WII,L NOT BE ISSUED UNTIL WE VERIFY THE <br />ADEQUACY OF BOTH YOUR FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please do not hesitate to call me at (303) 866-4920. <br />Sincerely, I ~, <br />l./ <br />Sua Er~ksen <br />Program Assistant <br />