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DAUB & ASSOCIiAS III lillililflllllll <br /> CONSULTING GEOLOGISTS ••.a.. <br /> as .•�.'�r ,r•;.: ' 1980 SOUTH BROADWAY <br /> :."n� �,=.; : ,: •:.,, - .: .�P:1+;:i?���?t ..' :: . ` ,•.` �.T,,.. GRAND JUNCTION, CO 81503.9593 <br /> •.� �. . ?' ' , '?'� :•':'`i' •. � (303) 241-0964 <br /> January 25 , 1988 <br /> Mr. Edward L. Bischoff <br /> State of Colorado <br /> Department of Natural Resources <br /> Mined Land Reclamation Division <br /> 423 Centennial Building <br /> 1313 Sherman Street <br /> Denver, CO 80202-2273 <br /> RE: IRI/WRC Sodium Leases <br /> JFttJ One Site Prospecting <br /> Bonds * 5185836 <br /> LANG 5257271 <br /> RECLAMATION DIVISION 5257287 <br /> Dear Mr. Bischoff: <br /> Industrial Resources , Incorporated/Wolf Ridge <br /> Corporation ( IRI/WRC) is presently bonded with the Colorado <br /> Mined Land Reclamation Division (CMLRD) for the surface <br /> reclamation of the drill sites , roads and abandonment of the <br /> core/rotary holes drilled on the IRI/WRC sodium leases in Rio <br /> Blanco County, Colorado. The prospecting bond numbers and <br /> amounts are listed below: <br /> ONE SITE PROSPECTING BOND AMOUNT <br /> 5185836 $ 3 , 160 . 00 <br /> 5257271 3, 875 . 00 <br /> 5257287 5 , 500. 00 <br /> IRI/WRC is also bonded by the Bureau of Land Management <br /> (BLM) for the identical drill sites and core/rotary holes . <br /> Table 1 is included to show CMLRD the BLM' s bonding <br /> requirements . IRI/WRC has posted a bond in the amount of <br /> $5 , 000. 00 per hole/site with the BLM for drill site <br /> reclamation and drill hole abandonment . Also enclosed is a <br /> copy of the BLM' s Decision accepting IRI/WRC ' s bonds in the <br /> amount of $111 , 000. 00, which is in part , maintained to cover <br />