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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1373 Sherman SL, Raom 2t5 <br />Denver, Galorado 60203 <br />Phone: 1303) 8663567 <br />FAJt: (3031832$106 <br /> <br /> <br />C~~~E p <br /> <br />JU( 3 0 Z007 COLORADO <br />orvtslow os <br />RECLAMATION <br />M[NING <br />sAF&T~r <br />DNision of Reraamation, <br />Minin <br />9 and Safety <br />t3llt Owens <br />Governor <br />Russet) George <br />FINANCIAL WARRANTY Executive Director <br />Ronald W. Cattany <br />CHECK FOR DEPOSIT L'V STATE TREASIiRY Dtvision Direcor <br />ttatu2l Resource Trustee <br />Operator Mount Sneffels Mininq Company, LLC <br />Operation Ruby Trust Mine Q~~,. <br />Permit No. M-79-181 Check No. ~~2~~" t <br />This form has been approved by the Mined Land Reclamation Boardpursuant to sections 34-32-117, QRS., of <br />the Mined Land Reclamation Act and 34-32.5-T17, GRS, ojthe Colorado Land Reclamation Act for the <br />Extraction of Construction Materials. Any alteratiox or modification of this form, without approval by the <br />Board shall result in the financial warranty being invalid and result in the voiding of any permit issued in <br />conjunction with such invalid frnancial warranty and subject the operator to cease and desist orders and civil <br />penalties jor operating without a permit pursuant to sections 34-32-723, C.R.S., of the Mined Land <br />Reclamation Act and 34-32.5-123, C.R.S., of the Colorado Land Reclamation Act for the Extraction of <br />Construction Materials. <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101 et sue. {the "Act"), as amended, <br />provides that no permit may be issued under the Act until the Mined Land Reclamation Boazd (the "Board") receives a <br />financial warranty (or warranties) as described in the Act. <br />Mount <br />Oolorado limited liability Compa~yporatien;hasappliedforapermittoconductaminingopcrationlmownas <br />Ruby Trust Mine (the "Operation"), on certain lands in Ouray r;~raty, <br />Colorado. Tbese are described in the permit application, as amended and supplemented, and aze referred to herein as the <br />"Affected Lands". <br />WHEREAS, in the application for the permit the Operator has agreed to be bound byall requirements of the Act and <br />all applicable rules and regulations of [he Board, as amended from time to time. <br />WHEREAS, in the application for the permit, the Operator has agreed with the Board to provide for reclamation of <br />the Affected Lands, that are now or may become subject to the permit; as required by law. <br />Office of Otfim of <br />Mined rand Reclamation Mive and Inactive Mina <br />