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~~ <br />PIONEER ,/ <br />SAND COMPANY INC. <br />July 7, 2004 <br />State of Colorado <br />Division of Minerals and Geology <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Attn: Barbara D. Chiappone <br />Re: M-198 037 Ingleside Quarry/ <br />Dear Barbara, <br />RECEIdED ~ <br />JUL 10 2004 <br />Dlviaisn of Minersls & CesIoBY~ <br />~D- 3 <br />I am sending the following for transfemng the above permit to Pioneer Sand Company, <br />Inc. <br />1. Transfer of permit and succession of operators application form. <br />2. Financial warranty in the amount of $60,.00. <br />3. Application fee. <br />Please note that the performance warranty amount is per the Technical Revision dated <br />8/11/03 (copy enclosed). <br />Additionally, the funds for Pioneer's purchase of the Ingleside Quarry are being held in <br />escrow pending transfer of the permit. Anything you can do to expedite the transfer will <br />be appreciated. <br />Please contact me by telephone if you need anything additional. Also, a call to let me <br />know the estimated processing time would be appreciated. <br />Thank You, <br />c <br />G <br />oe ~g / <br />President / <br />P.O. Box 7650 • Colorado Springs, Colorado 80933-7650 • (719) 599-8100 <br />