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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natures Resources <br />7313 Sherman SL, Room 215 <br />Demver, Colorado 80203 <br />Phone: (303) 866.3567 <br />FAX: (303) 832-0706 <br />Jtlly 2, 2003 / <br />Mr. Steve Fancher <br />Loveland Ready Mix Concrete, Ina ~" <br />P.O. Box 299 <br />Loveland CO 80539-0299 <br />„/ <br />Re: Lorimer Pit, Permit No. M-2974-069, Acceptance of Letter of Credit No. <br />Dear Mr. Faacher: <br />COLORADO <br />DIVISION O F <br />MINF~RALS <br />GEOLa aOGY <br />Ef CLAM ATIOM MINING <br />3AEETYKQENCf <br />Bill Owens <br />Gosenwr <br />Greg E. Wakher <br />Executive Director <br />Rana1C W. cammy <br />Divlsien Direcmr <br />Natural Resource trustee <br />On July 2, 2003, fire Division of Minerals and Geology accepted The Home State Bank .Letter of Credit No. 444, <br />in the amount of $252,800.00. With the acceptance of this Letter of Credit, along with existing Travelers <br />Casualty and Surety Company of America Corporate Surety Bond No. in the amount of <br />$47,200.00, the Division now holds a total of $300,000.00 in Reclamation bonds for the Latimer Pit, Permit <br />No. M-1974-069. <br />If you have any questions, please do not hesitate t0 call meat {303) 8G6-4074. <br />S/ingcge~rel~y,~ ~ f(~ ~ <br />Barbaro D. Chiappone <br />Minerals Division Prograrn Assistant II <br />Cc: Thomas A. Schreiner, Division of Minerals and Geology <br />Office of Office of Colorado <br />Mined Land Reclamation Attive and Inagive Mines Geological Survey <br />