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SD- ~ '~ <br />c~~~~~5 <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) 832-8106 <br />December 10, 2003 ~ <br />Mr. Dennis Ducommun <br />Ducommun Business Trust.i <br />Box 848 <br />COLORADO <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />RECLAMATION•NWING <br />SAfEYY•SCIENCE <br />Bill Owens <br />Governor <br />Greg E. Walther <br />Executive Director <br />Fraser, CO 80442 Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />RE: Alma Placer, Permit No. M-1985-029, Succession of Operators, Weld Cotmry Bank Certificate of <br />Deposit No. 8004330 and American National Bank Irrevocable Letter of Credit No. 341 <br />Dear Mr. Ducommun: <br />On November 21, 2003, the Division of Minerals and Geology received Financial Warranty/Certification of <br />Deposit (Third Party) form for the Alma Placer, Permit No. M-1985-029. The Division is returning this <br />document for the following: <br />The Division requires that the Operator name be the same as the new operator (i,e. Ducommun Business <br />Trust) throughout this document. <br />The Division requires that the new operator (i,e. Ducommun Business Trust) sign this document in the <br />presence of a Notary Public. <br />And on November 17, 2003, the Division received American National Bank Irrevocable Letter of Credit No. <br />341, in the amount of $50,936.00. The Division is returning this document for the following: <br />The Division requires that the language be in a form approved by the Board. <br />Upon completion, please return these documents to my attention, <br />Sincerely, <br />Suzi E sen <br />Program Assistant <br />Cc Greg Lewicki, Greg Lewicki and Associates <br />Office of Ofi~ce of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />