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STATE OF COLOIZ~DO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natursl Resources <br />1373 Sherman St., Room 215 <br />R~(~F~1~F <br /> <br />Denver, Colorado 80203 D <br />' <br />Phone: 1303) 866-3567 SEP 14 <br /> <br />FAX: (303) 832-8106 2006 <br /> Division of R <br /> eclamatitM, <br />Mining and Saf <br /> ety <br />TRANSFER OF MINE RAL RECLAMATION PERMIT <br />AND <br />SUCCESSION OF OPERATORS <br />APPLICATION PACKAGE <br />ADOlicabttity <br />COLORADO <br />nlvlsloN or <br />RECLAMATION <br />M[NING <br />SAFETY <br />sill Owens <br />GOVenror <br />Russell George <br />FzecNive Director <br />Runalrl w. Cottony <br />Divlslon Dirextar <br />YalOrd RMOUrCe TfUSIee <br />This document applies to mining operations where the current pemritted mine operator wishes to transfer the Reclamation Pemtit <br />and permitted reclamation responsibilities to a Successor Operator (a new operator). Please follow the instructions provided in this <br />package for filing an application; Mineral Rules and Regulations and Construction Material Rules and Regulations Number 1.12 <br />(Permit Transfer application requirements) should also he reviewed prior to completing this form. <br />Filine Reauirementa <br />To apply for a transfer please submit the following to the Division of Reclamation, Mining and Safety (the Division): <br />1) A"'Transfer of Permit and Succession of Operator" application form, signed and notarized by an authorized <br />representative of BOTH the current pemrittee and successor operator; <br />2) The Application Fee of $ t 00.00 for Hazd Rock operations and $125.00 for Construction Materials operations; <br />3) A Performance Warzanty Form bearing an original notarized signature of an authorized representative ofthe successor <br />operator; and, <br />4) Financial Warranty: <br />A) You have the Dption to W AIVE YOFIR RIGHT to a thirty (30) day processing time to allow the Division time <br />to recalculate the required financial warranty; or, <br />B) You may choose N01"f0 WAIVE YOUR RIGHT to a thirty (30) day processing time. [n such case, the <br />Division will recalculae: the required financial warranty within sixty (6U) days from the decision date (the date <br />the perntit is transferred to the Successor Operator). The required RECL,AMA'1'ION AOND COULD BE <br />SUBSTANTIALLY INCREASED at that time. If the financial warranty is increased, you will then be required <br />to post the additional financial warranty. <br />This application package contains the "Transfer of Permit and Succession of Operator" application form, and a Performance <br />Warranty farm for your use. Rule 4.3 of the Mineral Roles and Regulations and Rule 4.3 of the Constmction Material Rnles and <br />Regulations describes the various acceptable Fimncial W"aaanty types. Please contact the Division to obtain the appropriate <br />Financial Warranty form. <br />Upon submittal of this application, the application fee, and the replacement perfomance and financial warranties the Division will <br />transfer the permit to the Successor Operator. After the transfer is complete the Division will then review the reclamation costs of <br />the permitted operation. The Successor Operator will be notified, if additional reclamation bond is required, within 60 days of <br />approval if you do runt wave your right to a decision within 30 days. The Division. will notify both operators upon completion of the <br />permit transfer. <br />Office, of <br />Mined Land Reclamation <br />NOV: NONE <br />Annual Fee: 01/23/06 CW <br />Office of <br />Alive and tractive Mines <br />