2003-12-31_REVISION - M1995038 (2)

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.; STATE OF COLORADO APPLICATION FO&~i DIV151p N MINERP &- GEOLO REC LA MATT MINING•SAF Bill Owens Governor Greg E. W alcher Esecmive Dkenor Michael g. Long Division Director The application for a Transfer of Permit and Succession of Operators must contain four (4) major pacts: I) an Application Form; 2) an Application Fee; 3) a Performance Warranty (attached as part of the Application Package) bearing the original notarized signatwe of the Successor Operator; and, 4) a replacement Financial Warranty provided by the Successor Operator, bearing an original notarized signature. To expedite processing, please provide the information in the format and order described below. Permit #: x-1995-038 Confidental?: N Class: Revision Type-Seq.: SO-2 From: Haldorson and Sons To: DHG Doc. Name: SO .Terry D_ Svor to Haldorson and DIVISION OF MINERALS AND GEOLOGY Department of Natural Resources RECEIVED 1313 Sherman St., ROOm 3t 3 Denver, Colorado 80303 pr's 9 1 g00q GG O I G J Phone: (3031 866-3567 FAS: 13037 a3?-8106 Division of Minerals and Geology FINANCIAL WARRANTY INFORM 1. OQ'on A: TRANSFER OF PERhIIT AND SUCCESSION OF OPERATORS (Initial & Date) (Initial & Date) Doc. Date (if no date stamp):12/31/03 Sons_ Inc. I wish to WAIVE MY RIGHT to a 30-day processing time to allow the Division of Minerals and Geology to recalculate the Financial Warranty requirements. Ifyou choose Option A you should not submit a Financial Warranty and Performance Warranty until the Division notifies you of the correct amount of your warranty requirements.' I DO NOT WISH TO WANE MY RIGHT to a 30-day processing time. I hereby submit a replacement Financial Warranty for the same dollar amount as the Financial Warranty maintained by the current operator, I understand that the Division of Minerals and Geology will recalculate the required reclamation bond within 60-days from the date that the transfer is completed and the required FINANCIAL WARRANTY COULD BE SUBSTANTIALLY INCREASED at that time. As the new operator; I agree to be responsible for posting any required increase to the fmarcial warranty for good cause shot~n: in a form acceptable to the EDard, within 60-days of such notice.