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STATE OF COLU1~yU <br />DIVISION OF MINERALS AND GEOLOGY <br />Department o(Natural Resources <br />131 3 Sherman 8t., Roam 215 <br />Denver, Colorado 80203 DIVISION O F <br />Phone: (3031 866-3567 MINERAL S <br />Fr~Y: (303) 832-8106 <br />ECE~VEp _ GEOLOGY <br />FFg ~a=yRJ 1e/E MENINGMS AATFETY <br />February 10, 2000 1 4 20QQ ~r R ~~~;GL <br />ol,{f~ner <br />r~:_. Chi `! 1!, Bill Owens <br />Dave Diss a~d~~eolegr r-~:; _ f Governor <br />((,,~:-:.. - / ~ Greg E. Walther <br />Cotter Corporation ~7j ~ ~. M-/~ -~- Executive Director <br />P.O. Elox 700 ~~• rlQ `_ Michael B Long <br />Nucla, CO 81424 D~,~,:onD~re,~or <br />RE: Notice to Increase the Financial Warranty, <br />SM-18 Mine, Permit No. M-78-116. <br />Dear Mr. Diss: <br />DMG has reviewed the current cost of reclamation for the SM-18 Mine and has determined <br />that the existing 514,000 financial warranty is insufficient to ensure reclamation. DMG <br />current reclamation cost estimation totals 517,180. Please find enclosed, copy of DMG's <br />2/10/00 reclamation cost estimation. <br />DMG's reclamation cost estimation is based upon conditions of the approved reclamation <br />plan, current site conditions, and information submitted by the operator on 9/24/99. <br />Pursuant to Rule 4.2.112-, the operator has sixty (60) days to post 53,180 additional <br />financial warranty, to ensure a total financial warranty of not less than 517,180. Please <br />ensure that DMG has received a properly executed financial warranty, not less than <br />$17,180 by Anril 10. 2000. <br />Please contact me at the DMG Durango Office, 701 Camino Del Rio, Room 125, Durango, <br />CO 81301, phone (970) 247-5469, if you have any questions. <br />Sincerely, <br />GIJ~~~I~ <br />Wallace H. Erickson <br />Environmental Protection Specialist <br />CERTIFIED MAIL N0. Z 405 997 335 <br />Return Receipt Requested <br />Enclosure: DMG 2/10/00 reclamation cost estimation <br />