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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Raom 215 <br />Denver, Colorado 80203 <br />Phone: (303) 8663567 <br />FAX: (303) 832106 <br />May 25, 2006 <br />Mazk D. Campbell <br />SW TKO Joint Venture, LLC <br />333 W. Hampden Ave, Ste. 810 <br />Englewood, CO 80110 <br />Re: Lupton Lakes Resource, <br />Deaz Mr. Campbell: <br />OLORADO <br />( V I S I O N O F <br />IN)sRALS <br />EoiocY <br />=LANATIO N•NINING <br />SAFETY•ECIENCF <br />Bill Owens <br />Govertwr <br />Russell George <br />Exetulive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />Technical Revision Approval, Permit No. M-2004 evision . TR-3 <br />On May 25, 2006 the Division of Minerals and Geology conditionally approved the Technical Revision application <br />submitted to the Division on Apri126, 2006, addressing the following: <br />Change from dry-mining to wet mining methods in the Phase 1 (Yookoji parcel) portion of the Lupton Lakes <br />Resource. This approval is granted with the condition that the mining operator will notify the Division in writing <br />prior to exposure of groundwater in the Phase 1 Area and provide written demonstration of an approved well <br />permit, as required by the OJjrce of the State Engineer (OSE). Until such time that a well permit is issued by the <br />OS$ the operator must limit the depth of excavation to a minimum of at least two (2) feet above the groundwater <br />surface. <br />The teens of the Technical Revision No. 3 approved by the Division aze hereby incorporated into Pemlit No. M-2004- <br />078. There is no change in amount of reclamation bond required as a result of the conditionally approved revision. <br />If you have any questions, please contact me (303) 866-4921. <br />Sincerely, <br />Thomas A. Schreiner <br />Environmental Protection Specialist <br />cc: Carl Mount, DMG (via E-Mail) <br />Erica Crosby, DMG (via E-Mail) <br />Dana Ortiz, Civil Resources <br />Office of Office of Colorado <br />Mined Land Rxlamation Active and Inactive Mines Geological Survey <br />