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III I{{11111{1111111 <br />~ STATE ~ COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St_ Rnom 215 <br />Denver, Colorado 80203 <br />Phone: 13031 ft66.3567 <br />FAX. (3031 tll?-8106 <br />October 17. 1997 <br />Mr. John Hardaway <br />Cripple Creek & Vic[or Gold <br />P.O. Box 191 <br />Victor, CO 80860 <br />i:~, <br />II~~~ <br />DEPARTMENT OF <br />NATURAL <br />RESOURCES <br />Roy Romer <br />Governor <br />tames 5. Lochhead <br />Eaecariv¢ Direnar <br />Michael B. Long <br />Division Direcror <br />RE: Carlton Project, Financial Warranty Increase, Permit No. M-80-244, Revision No. SI-1 <br />Dear Mr. Hardaway: <br />On October l7, 1997 the Division of Minerals and Geology increased the current Financial Warranty for <br />this permit to $20,906,009.00 in accordance with Rule 4.2.1 of the Rules and Regulations. This is an <br />increase of $30,814.00. <br />The Financial Warranty has already been posted and in place. <br />Sincerely, <br />Berhan M. Keffelew ~ <br />Environmental Protection Specialist <br />cc: Lavern P. Lemay, DMG <br />M:\OSSWMM\TGbIPvMFW IJ_•JJ.BM17K <br />