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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department o} Nataral RcSOUrces y;~: _ • 8d <br />13t35herman St., ROOM 2i5 ~~O~~J~J6/ ~~~~'~~ t~,i- <br />Denver, Cotorado 80203 ~~ ~ C O L O R A D O <br />Phone: 1303) 866-3567 !JUL 2 3 2007t~ RECLAMATION <br />FAX: {303) 832-tSt06 `~' L M 1 N ] NG <br />~~p~ /i l j Division of Reclamation, - &- <br />S Qi -I-d . Mining and Safety t~ SAFETY <br />Bia Owens <br />TRANSFER OF PERtillT AND SUCCESSION OF OPERATORS L~ Gmeroor <br />Ruzxil George <br />APPLICATION FORiVl txennmc DirMOr <br />Ra~ald W. Canany <br />Division Direcccr <br />~~~~ /t~~~~ „ L ~~/ 1~ , t,~ ~atual Resource Trustce <br />The application fora "Transfer of Pemtit and Succession of Operators must contain fotu (4) major parts: ]) an Application Form; 2) <br />an Application Fee; 3} a Perfotmance Warranty (attached as part of the Application Package) bearing the original notarzed <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 Ore information in the format and order described below. <br />FINANCIAL WAR>~RA~NTY~INFORMATION (Choose ONE Ootio~: <br />1. Option A: C~~~~o~,~' ~~ 1 wish to WAI V E MY RIGHT to a 30-day processing tune to allow the <br />(Initial & Date) Division of Reclaration, Mining and Safety to recalculate the Financial <br />Warranty requirements. If you choose Option A you should not submit a <br />Financial W aaanty and Performance Warranty until the Division notifies you <br />of the correct nrtwunt of your warranty requirements_* <br />2. OoHon B: [ DO NOT WISH'f0 WAIVE MY RIGHT to a 30-day processing time. I <br />(Initial & Date) hereby submit a replacement Financial Warranty for [he same dollar amount <br />as the Financial Warranty maintained by the current operawr. I. understand <br />that the Division of Reclamation, Mining and Safety will recalculate the <br />required reclamation bond within 60-days from the date that the transter is <br />a>mpleted and the inquired FINANC}AL W-'ARRAN'I'Y COLLD~3E <br />SUBSTAN'I7ALLY INCREAAFL-D at that time. As the new operator, I agree <br />to be responsible for posting any reyaired increase to the financial warranty <br />for good cause shown, in a form acceptable to the Board, within 60-days of <br />such notice. <br />Offim of Office of <br />Mined land Reclamation Active end Inactive Mines <br />