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(%~ ew <br />© CLIMAX <br />April 2, 2003 <br />MOLYBDENUM COMPANY ~ <br />A Subsitliery of Phelps DotlBe Minmp Company <br />Certified Letter No.: 7002 2410 0003 2429 0846 <br />Climax Mine <br />Hwy. 91 <br />Climax, Colorado 80429 <br />[7191486-2150 <br />Fax 0191 486-2251 <br />RECEDED <br />Mr. Allen Sorenson / APR 0 7 2p(,3 <br />~O: Colorado Division of Minerals and Geology / Division of Minerals and Geology <br />1313 Sherman Street; Rm. 215 <br />Denver, Colorado 80203 / ~ ~ i 97,x, ~~3 <br />~q„~~ ,`'dam <br />Re: Approval and Release SR-002. Eagle Pazk Reservoir <br />Dear Mr. Sorenson: <br />On August 26, 1998, the Division granted conditional approval to Climax's request for surety <br />reduction for the Eagle Park Reservoir site. This request was submitted as SR-002. Approval <br />was granted conditionally. Three years of water quality monitoring was the principal condition. <br />On May 30, 2001, Climax completed the conditional requirements and requested fmal approval <br />from the Division of SR-002 and the Eagle Pazk Reservoir project. The report entitled, Eagle <br />Park Reservorr Surface Water Quality and Antidegradation Analysis, Eagle County, Colorado" <br />(Exponent. 2001. Report to Climax Mine), was submitted with this request. <br />In the intervening 22 months, Climax has received neither comment nor formal approval from the <br />Division regarding the required documentation of the three yeaz monitoring program. Climax is <br />approaching completion of a five year warranty period with the Eagle Park Reservoir Company, <br />owner of the reservoir and lands. As par[ of this warranty, the Eagle pazk Reservoir Company <br />has requested confirmation that the reservoir has met the approval criteria for SR-002 as outlined <br />in the referenced letter from the Division. By this letter, Climax is again requesting a formal <br />approval letter from the Division for SR-002 and for the awazd-winning Eagle Pazk Reservoir <br />project. <br />If you have any questions, please contact me at 719-486-2150, ext. 723. <br />Sin fely,~ --- <br />~B ce om~g C1 lJ <br />Environmental Manager ,Climax Mine <br />