2007-08-01_REVISION - M1979181 ‎(2)‎

• Permit No: M1979181
• IBM Index Class Name: Revision
• Doc Date: 8/1/2007
• Doc Name: Inadequate Submittal of Succession of Operators Application
• From: DRMS
• To: Mount Sneffels Mining Company, LLC
• Type & Sequence: SO1
• Media Type: D
• Archive: No

STATE OF COLORADO
DIVISION OF RECLAMATION, MINfNG AND SAFETY
bepartment of Natural Resources
1313 Sherman St., Room 275
Denver, Colorado 80203
Phone: [phone]
rA%: [phone]
~~ "' ~ IVED
JUL 3 0 2007,
Diw:.._,_,,,, rteclamation,
R^.ir~.ng and Safety
COLORADO
DIVISION O f
RECLAMATION
MINING
- &`
SAFETY
PERFORMANCE WARRANTY Bnl owcns
Governor
Russell George
Executive Director
Ronald W. Canany
Dhirsion Director
Operator: Mount Sneffels Mining Company, LLC Natural Rerource Trustee
Operation: Ruby Trust Mine
Permit No: M-79=181
Tkis form has been approved by the Mined Land Reclamation Board pursuant to sections 34-32-117, C.R.S.,
of the Mined Land Reclamation Act and 34-32.5-117, C.RS., of the Colorado Land Reclamation AM far the
Extraction of Construction Materials. Any alteration or modification ofthis form, without approval by the
Board shall result in the financial warranty being invalid and result in the voiding of any permit issued in
conjunction with such inva/id financial warranty and subject the operator to cease and desist orders and civil
penalties for operating wipeout a per»tit pursuant fo sections 34-32-123, C.R.S., of the Mined Land
Reclamation Act and 34-32.5-123, C.R.S., of tlee Colorado Land Reclamation Act for the Extraction of
Construction Materials.
KNOW ALL MEN BY THESE PRESENTS, THAT:
WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 34-32-101 et sue. (the "Acf~, as
amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials,
C.R.S. 3432.5-101 et sec . (the "Act"), as amended, provides that no permit may be issued under the Act until the
Mined Land Reclamation Board (the "Boazd") receives a performance warranty (or warranties) that is a written
promise to comply with all applicable requirements of the Act.
WHEREAS, Mount Sneffels Miningg Comoanv~.(t~pperator"), has appliedforapermitio
conduct a mining operation known as Ruby Trust Mine (the "Operation") on certain
lands in Ouray County, Colorado. These lands are described in the permit application, as
amended and supplemented, and are referred to herein as the "Affected Lands".
WHEREAS, in its application for the permit, the Operator has agreed to be bound by all requirements of
the Act and all applicable rules and regulations of the Board, as amended from time to time.
WHEREAS, the Boazd has determined, in accordance with the Act, that the estimated costs of
reclamation with regard to those affected lands in ouray Cotuttywhicharenowormaybecome
subject to the pcrTnit arc those amounts for the stated periods of time as set forth in the financial wan•anty, which
may be amended from time to time to reflect revised estimates of said costs of reclamation.
Office of rNfite of