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STATE OF COLORADO <br />-F~~. 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) 832-8106 <br />G~/~J <br />2~-S I <br />November 26, 2006 ~' <br />Ms. Bazbara R. Chalmers <br />'(D ; Mining and Minerals, Ltdt/ <br />8115 Preston Rd, Ste 680 <br />Dallas, TX 75225 <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />St- <br />SAFETY <br />Bill Owens <br />Governor <br />Russell George <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />/ ~~ <br />Re: Joker Mine, Permit No. M-1983-052, Financial and Performance Warranty Release Approval, Revision <br />No. SL-2 r_ <br />Dear Ms. Chalmers: <br />I am pleased to inform you that on October 27, 2006 the Division of Reclamation, Mining and Safety released Mining <br />and Minerals, Ltd. from further responsibility for the Joker Mine. Enclosed is the Cash Bond No. CA-1983052, in the <br />amount of $11,000.00, and the Performance Warranty you originally provided. These aze released in their entirety. You <br />should advise the issuer of your bond of this release by copy of this letter. <br />The Mined Land Reclamation Board and the Division staff wish to commend Mining and Minerals, Ltd. for your <br />reclamation efforts and the resulting success. <br />Sin erely, <br />eb E. o ima <br />Environmental Protection Specialist <br />Enclosures <br />CERTIFIED MAIL NO. 7005-3110-0000-2197-7900 <br />Retum Receipt Requested <br />cc: Cazl Mount, DRMS <br />Elizabeth Shelton, DRMS <br />Office of Office of <br />Mined Land Reclamation Active and Inactive Mines <br />