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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />Apri14, 2002 <br />Mc Bill Kobobel <br />~~ <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />RECLAMATION <br />MINING•SAFETY <br />Rill Owens - <br />Governor <br />7909 WCR 5 Greg E. wakher <br />I.OngmOni, CO 80$04 Executive Director <br />Michael B. Lang <br />visipn D1n'CtOr <br />Re: Idaho Creek Resource, Permit No. M-1991-123, Financial Warranty Reduction Approval, ~evrsion <br />No. SR-1 <br />Deaz Mr. Kobobel: <br />On March S, 2002 the Division of Minerals and Geology approved your request for a Financial Warranty <br />Reduction to $12,640.00. This is a reduction of $85,360.00. <br />Please provide a rider to the current Financial Warranty, or submit a new Financial Warranty reflecting this <br />reduction. If you wish to submit a different type of Financial Warranty, please contact our office for the applicable <br />form. <br />Please note that this reduction supercedes the Division's letter of February 7, 2002 which approved a Financial <br />Warranty Reduction for the Kobobel Gravel Pit, File No. M-1998-043. There is no reduction for the Kobobel Fit, <br />its Financial Warranty shall remain at $63,300.00. <br />If you have any questions, please contact me. <br />Sincerely, <br />1 <br />Gregg R. Squ re <br />Environmental Protection Specialist <br />cc: Bazb Chiappone, Division of Minerals and Geology <br />Cazl Mount, Division of Minerals and Geology (via electronic transmission) <br />\\DMG-Sl\hPOSS\Tdd\TEMPVvI-FW-13_M1991123_BMIL20020306_114735 AM.doc <br />