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~: <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources RECEIVED <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866.3567 SEP 16 2004 <br />FAX: (303) 832-8106 <br />Division ~i Mieerals and Geology <br />FINANCIAL WARRANTY <br />LETTER OF CREDIT <br />Operator: <br />Operation: <br />Permit No.: <br />Bank: <br />street: <br />COLORADO <br />D 1 V i 5 1 0 N O F <br />MIN~RALS <br />GEOLOGY <br />EAEETY•EC <br />Blll tTVC11E <br />GOVlrilor <br />Russell George <br />Fxecufive Director <br />Ronald W. Cottony <br />Division Director <br />Natural Resource Tnntee <br />I~,rS-1-,JA,~h"awl baiK a~- ,~Dr+-ceAr'+V'S <br />acl~' ~,.~. oatK ~: <br />City:1'-o~.koll•^l3 <br />State: ~ 0 - Zip Code: ~OS2 ~ <br />Area Code: 9~U•~-s= qS~ 7 Telephone: <br />T7eis form has been approved by the Mined Land Reclamation Board pursuant to sections 34-32-117, CRS, <br />ojthe Mined Land Rechunation Act and 3325-117, CRS, of the Colorado Land Reclamation Act jot the <br />F.xiractlon ojConshwction Materials. Any alteration or modification of this form, without approval by the <br />Board shall result in the financial warranty bring invalid and resrth in the voiding ojany permit issued in <br />conjunction witk suck invalid financial warranty and subject the operator to cease and desist orders and civil <br />penalties for operating without a permit pursuant to sections 332-123, CRS, of the Mined Land <br />Reclamation Act and 34325-IZ3, CRS, of the Colorado Land Reclamation Act for the Eadraction of <br />Construetwn Materials. <br />KNOW ALL MEN BY TTiESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101 et ~. (the "Act"), as <br />amended, provides that no permit may be issued under the Act until the I~Tmed Land Reclamation Board (the <br />"Board") receives a Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, _~~ y~ S~i~~ (the "Operator"), a <br />corporation, has applied for a permit to conduct a mining <br />operation known as I ~ (the "Operation"), on certain lands in <br />~~I ~e~ ounty, Colorado. These (ands are described in the permit application, as amended <br />and supplemented, and are referred to herein as the "Affected Lands". <br />Office of Office of Colorado <br />Mined Land Reclamation nasty°=^~ ~^_~"^~° ""'^°° ~-''-"``' `~"- ---- <br />