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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY`/ <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303)832$106 <br />October 12, 2007 C.i <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />dc- <br />SAFETY <br />~~~ ~ <br />Bill Ritter, Jr. <br />~aJw~ <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Mr. Herb Pearson / Division Director <br />/ Natural Resource Trustee <br />Valco -Lamar Div <br />P.O. Box 591 <br />Lamar, CO 81052 <br />-/ <br />Re: Wiley Pit, Permit No. M-1977-223, Succession of Operators Approval, Revision No. SO-1 <br />Dear Mr. Pearson: <br />On September 27, 2007, the Division of Reclamation, Mining and Safety approved the succession of operators from <br />Valco -Lamar Div to Five Rivers Ranch Cattle Feeding LLC for this operation. Five Rivers Ranch Cattle Feeding LLC <br />is now the permitted operator of the Wiley Pit, and as such, is responsible for all provisions in M-1977-223, as well as <br />those specified in the Rules and Regulations. <br />Enclosed are the following bond and the Performance Warranty you originally provided. <br />Bond Tvoe Bond Number Bond Amount <br />Pioneer General Insurance Company Corporate Surety 16403 $48,200.00 <br />These have been released as of September 27, 2007 Division approval for the succession of operators. You should advise <br />your bank or insurance company of this release by copy of this letter. <br />ff you have any questions, please contact me. <br />Sincerely, <br />~~~~, .~ <br />~ Deb E. Zack `Z~®~~~ <br />Environmental Protection Specialist <br />Enclosure <br />CERTIFIED MAIL NO. 7003 1680 0000 6422 8627 <br />Retum Receipt Requested <br />Office of Office of <br />Mined Land Reclamation Denver Grand junction Durango Active and Inactive Mines <br />