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TATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 8663567 <br />FAX: (303) 832-8106 <br />COLORADO <br />DIVISION OE <br />MINERALS <br />GEOLOGY <br />RECLAMATION•MI NING <br />SAf ETY•50IENCE <br />Mazch 8, 2005 <br />Bill Owens <br />Governor <br /> Russell George <br />Mr. Billy Hale and Ms. Bonnie Solberg ~ Executive Direttor <br />6945 Baggett Rd Ronald W. Cattany <br />-•alllan <br />~.•~ $0808 Division Director <br />, Natural Resource Trustee <br /> <br />Re: Hale Pit aka Earl's Pit, Permit No. M-1981-121', Succession of Operators Approval, Revision No. SO-2/ <br />Deaz Mr. Hale: <br />On February 23, 2005, the Division of Minerals and Geology approved the succession of operators from Billy Hale and <br />Bonnie Solberg to S & K No. 1 LLC for this operation. S & K No. 1, LLC is now the permitted operator of the Hale Pit <br />aka Earl's Pit, and as such, is responsible for all provisions in M-1981-121, as well as those specified in the Rules and <br />Regulations. <br />Enclosed are the following bond and the Performance Warranty you originally provided. <br />US Bank Certificate of Deposit <br />US Bank Certificate of Deposit <br />327001413977 <br />394311231416 <br />$1,250.00 <br />$2,500.00 <br />These have been released as of February 23, 2005 Division approval for the succession of operators. You should advise <br />your bank or insurance company of this release by copy of this letter. <br />If you have any questions, please contact me. <br />`Sin~ce/relny, <br />Irv ` <br />Harry H.~osey <br />Senior Environmental Protection Specialist <br />Enclosures <br />CERTIFIED MAIL N0.7000 1670 0001 3655 8771 <br />Return Receipt Requested <br />Office of <br />Mined Land Reclamation <br />Office of <br />Acrive and InacCive Mines <br />Colorado <br />rvev <br />