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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) 866-3567 <br />FAX: (303) 832-8106 <br />February 19, 2002 <br />Mr. Timothy Pierce <br />Cotter Corporation <br />P.O, BOX 1017 <br />Golden, CO 80402 <br />Re: Schwartzwalder, Permit No. M-1977-300, Financial Warranty Reduction Approval, <br />Revision No. SR-1 <br />Deaz Mr. Pierce: <br />~~ <br />D I V I S (O N O F <br />MINERALS <br />GEOLOGY <br />0.ECLAM ATION <br />MI NING•SAFETY <br />Hill Owens <br />Governor <br />Greg E Watcher <br />Executive Director <br />Michael B. Long <br />Division Director <br />On February 16, 2002 the Division of Minerals and Geology approved your request for a Financial Warranty <br />Reduction to $343,928.00. This is a reduction of $593,162.00. <br />Please provide a rider to the current Financial Warranty, or submit a new Financial Warranty- reflecting this <br />reduction. If you wish to submit a different type of Financial Waaanty, please contact our office for the applicable <br />form. <br />If you have any questions, please contact me. <br />Sincerely, <br />Anthony J. Waldron <br />Environmental Protection Specialist <br />cc: Barb Chiappone, Division of Minerals and Geology <br />\\DMG-SI\Mbss\idd\'I'EMP\M-FW-13_M1977300_Af W_20020219_14502 PM doc <br />