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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAEETY <br />Department of Natural Resources <br />i3i3 Sherman St., Room 215 r <br />' <br />'`C <br /> <br />Denver, Colorado 80203 ~~~~~ <br />~ <br />{ <br />~,+P. s' COLORADO <br />D I V I S I O N O F <br />phone: 1303) 8663587 RECLAMATION <br />FAX: (303)83Z-8106 MAR 05 2007 MINING <br /> - Sr <br /> t z t nation, <br />Division .. i "~'~' SAFETY <br /> Mining and safety <br />Bill Owens <br />TRANSFER OF PERMIT AND SUCCESSION OF OPERATORS Governor <br />Russell George <br />APPLICATION FORbI Execarive Director <br />Ranald W. Cattarry <br />Division Director <br />Natural Resourtt Trustee <br />The application for a Transfer of Permit and Succession of Operators must contain four (4) major parts: 1) an Application Fotm; 2) <br />an Application Fee; 3) a Performance Warranty (attached as part of the Application Package) bearing the original notarized <br />signature of the Successor Operator; and, A) a replacement Financial Warranty provided by the Successor Operator, bearing an <br />original notarized signature. To expedite processing, please provide the information in the format and order described below. <br />FINANCIAL WARRANTY INFORMATION (Choose ONE Option): <br />1. Option A: I wish to WA1VF. MY RIGHT to a 30-0ayprocessing time to allow the <br />(Initial & Date) Division of Reclamation, Mining and Safety to recalculate the Financial <br />Warranty requirements. If you choose Option A you should not submit a <br />Financial W arranty and Perfottnance Wartanty until the Division notifies you <br />of the correct amount of your warranty requirements.' <br />2.Ontion B: a [ DO NOT WISH TO WAIVE MY RIGHT to a 30-day processing tirrte. I <br />(Initial & Date) hereby submit a replacement Financial Warranty for the same dollar amount <br />as the Financial Warranty maintained by the current operator. I understand <br />that the Division oC Reclamation, Mining and Safety will recalculate the <br />required reclamation bond within 60-days from the date [hat the transfer is <br />completed and the required FP.VANCIAL WARRANTY COULD BE <br />SUBSTANTIALLY INCREASED at that time. As the new operator, I agree <br />to be responsible for posting any required increase to the financial warranty <br />far good cause shown, in a form acceptable to the Board, within GO-days of <br />such notice. <br />Otfice of Office csf <br />Mined Land Rxlamation Active, and Inactive Mines <br />