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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Dtgarbrlent of Natural Resources <br />1313 SFserman St., Room 215 <br />Denver, Colorado 80203 <br />PAone: 1303) 866.3567 <br />EAX: Oo3) a3z-a106 <br />RECEIVED <br />MAR 19 2007 <br />Division of Reclamedon, <br />Mining and Safety <br />TRANSFER OF PERMIT AND <br />APPLICATION FORM <br />OF OPERATORS <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />- &- <br />SAF ETY <br />aiu ovens <br />Gossmor <br />Russell Georae <br />Executive Director <br />Ronald W. Gmny <br />Division DlreOOr <br />Natural Resounx Trustee <br />The application for a Transfer ofPermit and Sltccesaion of Operators rals[ corasin four (4) major paAa: 1) ce AppGcatira Foru;1) <br />an Application Fce; 3) a Performerae Warranty (attached as part of the Application Package) bearing the original mtarized <br />signature of the Successor Operator, and, 4) a rephtcement Financial Warranty provided by the Successor Operator, beariog an <br />original mtarized signature. To e~edite Processing, Please provide the information in the faramt sod order descn'bed below. <br />FINANCIAL WARRANTY INFORMATION (Choose ONE Option): <br />1.Ootion A: < Cr. ~' ~l'L' 7 I wish to WAIVE MY RIGHT to a 30-day processing time ro allow the <br />(Initial dt Date) Division of RceLlmation, Mining and Safety to recalculate the Financial <br />Warranty requirements. Lf you choose Option A you should no submit a <br />Financial Warranty and Performance Warranty utm1 the Division ratifies yDl <br />of the comet alralmt of your warranty requirements.• <br />2.Ootloo B: I DO NOT WISH TO WAIVE MY RIGHT to a 30-day processing time. I <br />(Initial & Date) hereby submit a replacement Financial Warranty for the same dollar arraunt <br />as the Financial Warranty maintained by the current operator. I understand <br />that the Division of Reclamation, Mining and Safety will recalculate the <br />required reclamation bond within 60-days from the date that the transfer is <br />corr4leted and the required FIIJANCIAL WARRANTY COULD BE <br />SUBSTANTIALLY INCREASED at that time. As the new operator, I agree <br />to be rcsporeible for posting any required increase to the financial warranty <br />for good catue shown, in a form acceptable to the Board, within 60-days of <br />such notice, <br />Office of <br />u:.e.r r ...d u...~hm+Ynn <br />~~~~ ~~ <br />~~' 3~I/a~o~- <br />Office of <br />Active and Inactive Mines <br />