2007-10-25_REVISION - M1990057

• Permit No: M1990057
• IBM Index Class Name: Revision
• Doc Date: 10/25/2007
• Doc Name: Inadequate operators application & performance warranty
• From: DRMS
• To: Capital Gold Corp.
• Type & Sequence: SO1
• Media Type: D
• Archive: No

STATE OF COLORADO
DIVISION OF RECLAMATION, MINING AND SAFETY
Department of Natural Resources RECEIVED
1313 Sherman St., Room 275

Denver, Colorado 80203
OCT 012007 COLORADO
D I v 15 1 0 N o f
Phone: [phone] RECLAMATION
FAX: [phone] MIN 1 N G
Division of Reclamation, &

Mining and Safety SA
TY
PERFORMANCE WARRANTY gill Owrns
Governor
Ruswll (:mrge
E.ecutive Director
Ronald W. Cauuny
_1~
Operator: C ~, p ~, T Q ~ // J _r
C 7Q7 [ (J ~ ~ (` Q Q ~
/,~~j O (n Division Director
Natural Resource Trustee

Operation: ~dOCrvt ~
ma'e SGra~t au / {
b ~~aB'/r~~2 if~
Permit No: !t/1 - L 9 9 D - o~ ~
This form has been approved by the Mined Land Reclamation Board pursuant to sections 34-32-117, C.R.S.,
of the Mined Land Reclamation Act and 34-31.5-11 ~, C.R.S., ojthe Colorado Land Reclamation Act for the
Extraction of Construction Materials. Any alteration or modification of this form, witkoul approval by the
Board shall result in the financial warranty being invalid and result in the voiding of any permit issued in
conjunction with such invalid financial warranty and subject the operator to cease and desist orders and civil
penalties for operating without a permit pursuant to sections 34-31-123, C.R.S., of the Mined Land
Reclamation Act and 34-31.5-123, C.R.S., of the Colorado Land Reclamation Act for the ExtraMion of
Construction Materials.
KNOW ALL MEN BY THESE PRESENTS. THAT:
WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 34-32-101 et sew. (the "Act"), as
amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials,
C.R.S. 34-32.5-101 et seg. (the "Act"), as amended, provides that no permit may be issued under the Act until the
Mined Land Reclamation Board (the "Boyd") receives a performance warranty (or warranties) that is a written
promise to comply with all applicable requirements of the Act.
WHEREAS, CaP~ta~ C7p/~ C.D/`PD/`R7",o,n (the"Operator'), has appliedforapemutto
conduct a mining operation lmown as /-fo~e~tore a as d L ecjv; /~P ,r1; f / (the "Operation") on certain
lands in_ __La~Ce._- . _ _County,Colorado. These lands are describedinthepemritapplication,as
amended and supplemented, and are referred to herein as the "Affected Lands".
WHEREAS, in its application for the permit, the Operator has ageed to be bound by all requirements of
the Act and all applicable rules and regulations of the Board, as amended from time to time.
WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of
reclamation with regard to those affected lands in Laks. Countywhichan:nowormaybocome
subject to the permit are those amounts far the stated periods of time as set forth in the financial warranty, which
may be amended from time to time to reflect revised estimates of said costs of reclamation.
oni«. ~t ofRce of
Mined Land Reclamation Active and Inactive Mines