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~~~ <br />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) 866.3567 <br />FAX: (303) 832-8706 <br />June 9, 2005 <br />Mr. Jim Stover <br />Minrec, Inc. <br />2352 North 7`h <br />Umt A <br />Grand Junction CO 81506 <br />Deaz Mr. Stover: <br />OLORADO <br />( V I S I O N O r <br />INERALS <br />EOLOGY <br />:LANATION•NININO <br />SAFETY•SCIENCE <br />Bill Owens <br />Governor <br />Russell George <br />Executive Director <br />Ronald W. Cattany <br />Division Direcor <br />Natural Resource Trustee <br />Attached is a copy of the midterm review of Blue Ribbon Mine, C-81-047. Pursuant to <br />Rule 2.08.3 the Division is required to conduct a midterm review at the middle of the <br />permit teErn. As the permit for the mine expires on December 9, 2007, the middle date <br />is June 9, 2005. <br />Please note that the Division's updated review of the bond liability estimate is included in <br />this package. <br />Responses to the questions in the midterm review document should be provided to the <br />Division on or before August 15, 2005. The responses should be submitted in the form of <br />a revision. <br />Please call me if you have any questions regarding this document. <br />Sincerely, <br />~t«3„ <br />Jim Burnell <br />Environmental Protection Specialist <br />Encl: midterm review document <br />Bond calculation <br />Ca Sandy Brovm <br />Office of <br />Mined Land Reclamation <br />Office of <br />AQive and Inactive Mines <br />Colorado <br />Geological Survey <br />