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° m zoo ~ - 0~3 <br />STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Deturrnen[ of Natural Resources <br />i 313 Sherman St, Room 215 <br />Denver, Gobrado 80203 <br />Phone: (303) 8bG3%7 <br />FAX: (3033 832-8106 <br />JUL 19 2007 <br />COLORADO <br />olvtstov or <br />RECLAMATION <br />MINING <br />SAFETY <br />Divi~fon a Reolamsdon, <br />Mining end 81llMy <br />TRANSFER OF PERMIT AND SUCCESSION OF OPERATORS <br />APPLICATION FORDI <br />eill Owens <br />Gooernar <br />Russell George <br />Executive Director <br />Ronald W. Cattarry <br />Divbion Director <br />Natural Resource Trustee <br />The application for a Transfer ofPerrmt and Succession of Operators must contain four (4) major pans: 1) an Application Form; 2) <br />an Application Fee; 3) a Perfomtance Warranty (attached as part of tore Application Package) bearing the original notarized <br />signature of the Successor Operator, and, 4) a replacetrlent Financial Warranty provided by the Successor Operator, bearing an <br />original notarized signattue. To expedite processing, please provide the information in the format and order described below. <br />I. FINANCIAL WARRANTY INFORMATION (Choose ONE Ootion): <br />I.Option A: <br />(Initial & Daze) <br />(Initial & Date) <br />I wish to WAI V E MY RIGHT to a 3(1-day processing time to allow the <br />Division of Reclamation, Mining and Safety to recalculate the Financial <br />Wartanry requirements. If you choose Option A you should ~ submit a <br />Financial Warranty and Performance Wartanty until the Division notifies you <br />of the correct amount of your warranty requirerrlents.• <br />[ DO NOT WISH TO WAIVE MY RIGHT to a 30-day processing tune. I <br />hereby submit a replacemem Financial Warranty for the same dolhtr arrwunt <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 />completed and the required FINANCIAL WARRANTY COULD BE <br />SUBSTANTIALLY INCREASED at that time. As the new operator, I agree <br />to be responsible for posting any required increase to the financial warranty <br />for good cause shown, in a form acceptable to the Board, within 60-days of <br />such notice. <br />old V = lJo~ ~ ~ <br />~ l~Ae `lo~i~~aoo`] <br />08im of Office of <br />Mined Land Rxlamation Active and Inactive Mines <br />