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Azurite, Ine. ''~ <br />10001 CR 12 P.O. Box 338 <br />Cotopaxi, Colorado 81223 <br />719-942-4178 <br />Mazch 28, 2003 <br />Mr. James Dillie, Environmental Specialist /S_ ~ 3 <br />Colorado Division of Minerals and Geology <br />1313 Sherman Street Rm 215 <br />Denver, CO 80203 <br />RE _G-P_GYPSUM PERMIT NUMBER <br />Dear Mr. Dillie, <br />RECEIVED <br />APR 011003 <br />Division of Minerals and Geology <br />77-247 ESTIMATE FOR COMPLETION <br />Please be advised that G-P Gypsum, Inc., has determined that cost for completion of the five year <br />term for final reclamation at its Coaldale mine site has been budgeted to total $141,000.00. This <br />amount will be expended at a rate of 20% of the total each yeaz for the next five yeazs to cover costs <br />to re-seed and mulch, maintain seedlings via watering, and maintain roadways, storm ditches, and <br />structures related to sediment control at the site. Should you have any questions regazding the cost <br />estimates or scope of work to be performed over the next five yeazs, do not hesitate to contact me. <br />Should you feel that a site visit is warranted to review the completion of work performed to date, or <br />to clazify the job task estimates as planned, please contact me as soon as is convenient for you. Mr. <br />Brooks would like to be present if you wish to schedule a site visit for purposes of confirming the <br />adjusted bond amount. <br />G-P Gypsum requests adjustment of the current bond amount of $457,000.00 down to an amount <br />appropriate to reflect the projected costs of final reclamation. Please advise as to the proper <br />procedure for bond amount adjustment. <br /> <br />Kenneth S. Klco <br />Consulting Geologist <br />Agent for G-P Gypsum Corporation <br />Copy: TC Brooks <br />JA Rittenhouse <br />