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~ ~ * COMlICATION RESULT REPORT ( N0V.23.19~ <br />FILE MODE OPTION <br />---------------------------- <br />986 MEMORY TX <br />RER50N FOR ERROP, <br />E-1) HANG UP OR LINE FAIL <br />E-3) NO RNSWER <br />ADDRESS (GROUP) <br />3637996015 <br />P. 1 <br />7 ~ 56PM ) ~F * ~ <br />TTI DIViMINERALS&GEOLOGY <br />RESULT PAGE <br />OK P. 5i5 <br />E-2) BUSY <br />E-4) NO FACSIMILE CONNECTION <br />STATE OF COLORl~DO <br />DIVISION OF MINEMLS ANP GEOLOGY <br />Department of Na[ural Rescuroes <br />1313 Sherman S[., Room 215 DIVISION O F <br />Denver, Colorado 80z03 M I N A RA L 5 <br />phone: (303)866.35fi7 & <br />FAX: (303) 832.8106 <br />G 1; O L O G Y <br />SENT VIA FAX <br /> RECLAMATION <br />MININ G•SAFETY <br />RATE: November 23, 1999 <br /> Bill owena <br /> Govemar <br />TO: Ha] Copeland, Steigers Corp. Gres E. waichor <br /> Execuuvo Dlrttror <br />FROM: Allen Sorenson ~ Michael B. Long <br />Division D~ree[a <br />RE: Reclamation Bond, Atperican Soda, Yankee Gulch, Permit M•99-002 <br />In an effort to better reconcile the bond required by the State of Colorado and the 13L,M, the following <br />analysis i5 provided. <br />In a letter dated 11/22/99, DMGr stated that a $2,603,000.00 bond was acceptable if posted in addition <br />to the $26,000.00 held by the State and the test mine bond held by the BLM. In order to release the test <br />mine bond currently held and terulinate the test mine notices with the State, additional bond in the <br />amount of $400,445 must be posted. The derivation of the test mine bond amount is tabulated in the <br />attached spreadsheet. All line items in the spreadsheet are self-explanatory except the seeding cost and <br />the demolition cost which aze derived below. <br />Demnlitinn Cnst for Test Mine Facilities <br />