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<br /> STATE OF COLORADO <br />DIVISION OF MINEltAlS AND GEOLOGY <br />Department of Natural Resources <br />\~ <br /> RECEIVED <br />t 3t 3 Sherman St., Room 2t 5 C O L D RAD O <br />Denvef, Colorado 80203 <br />Phone: (303) 866.3567 7 <br />JUPI 1 7 ~f DIVISION O F <br />M 1 N s RA L S <br />FAX: t3o3) s32$to6 - G E O L O G Y <br /> Division ofMinerelaendtiselenr 0.FCLANATION•NINING <br /> SAFETT•SCIENC[ <br /> <br />FINANCIAL WARRANTY Bill Owens <br />eovemof <br />CHECK FOR DEPOSIT IN STATE TREASURY Greg E. Walcha <br /> ExeNlive DireLTOr <br /> Ronald W. Cattany <br />~~ U AI!{ W EEA ` , /~ <br />V L~ E~ <br />EN i yRE`S Division DirMOr <br />Natural Resource Tnntea <br />operatiaet SJRS-AL~ RacK (~tT ~aD,lo'~'.00 <br />Per,nitNo. M-1484-001 Check No. ( <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.RS. 1973, 3432-101 gl fig. (the "Act"), as <br />ameadod,ptavidesthat rmpermit maybe issued underthe Actuntil theMinedLand Reclamation Board (the "Hoard") <br />receives a financial werrmty (or warranties) as described in the Act <br />~.~.n,awFEP V~M'ut2E5 LLC. (~Il~~a <br />L , a, T~ o Luce B I Lt'rY corporation, has applied for a permit to conduct_amiDmgopera6onlmown as <br />SL~RFhLE t2S9CK PIT (the "OpeaatiDm"), Oal catam lauds m _. NItS W- Carty, <br />Colorado. These ere desanbod m the pamrtapplication, u amended and supplemented, and are tieffem'd to haem as the <br />"Affxtad Leads" <br />WHEREAS, in the application fa the pernrit the Operatarhas agrced to be bead by sll requires oftheAd <br />and all applicable rules and regulations of the Hoard, as amended from time to time. <br />WHEREAS, in the application for the permit, the Operatarhas agreed wide the Board toprrnide farreclamaliDn <br />of the Affxted Lands, that are now ~ may become subject to the permit, as required by law. <br />W HEREAS, the Boatel has determined in aE~rdance with the Act that the estimated costs of recJa~tim of the <br />Affxted Carrels are those atoormts for the stated periods of time as set forth herein Said amotmt may be amended freers <br />time to time to reflect revised estimates of said costs of rechunauion. <br />WHEREAS, the Board has determined that the financial warranty by the Operator equals the estimated casts of <br />reclamation, as approved by the Board, with regard to the Affected Lands. <br />WHEREAS, the Operator, in acEtordance wit ised and hereby promises the Board that it will <br />be responsible for all of the estimated costs of reclamation with regard to the Affected Lands. <br />Office of Offite of Colorado <br />Mined land Reclamation Active and Inactive Mines Geological Survey <br />