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STATE OF COLORADO <br />DIVISION OF MINERALS AND GfOLOGY <br />Department of Natural Resw~c?ec <br />1313 Sherman SL, Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX:1303)832-8106 <br />DIVISION O F <br />MINERALS <br />OC i '[ i "e~~3 <br />FINANCIAL WARRANTYpivision of Minerals <br />LETTER OF CREDTT <br />Operator: <br />Operation: <br />Permit No.: <br />Bank: <br />Street: <br />City: <br />State: <br />Area Code: <br />GEOLOGY <br />RECLAMATION <br />MtNING•SAFETY <br />sarowen: . <br />Governor <br />Greg E. Walther <br />Executive Director <br />Michael B.,Long <br />Division Director <br />RE~°'°'~ ~~® <br />Zip Code: 80 <br />KNOW ALL MEN BY THESE <br />THAT: <br />I.]~--b-"~ Z~~ <br />Telephone: 2n3-rt nn <br />"Act"), as amended, provides at no permit may be issued under the Act until the Mmed Land <br />Reclamation Board (the "Bo d") receives a Financial Warranty (or Warranties) as described in the <br />Act. <br />WHEREAS, (the <br />"Operator"), a C corporation, has applied <br />for a pemvt to cond t a mining operation known as x„ G G P i ~ ~ ra ve 1 n it (the <br />"Operation"), on c rtain lands in T,ari mPr COllnty, Colorado. <br />These lands'are scribed in the permit application, as amended and supplemented, and are referred <br />to herein as th 'Affected Lands". <br />Wf3ER~AS, as part of the application for the permit, the Operator has agreed to be bound by all <br />requirements of the Act and all applicable rules and regulations of the Board, as amended-from time <br />to time. <br /> <br />