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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY RECEIVED <br />DeQartment of Natural Resources <br />1313 Sherman St., Room 215 -I ~ p q ~ !1I1n ' <br />Denver, Colorado 80203 1'Flil~ L LW13 <br />Phone: (303) 866-3567 ~ ~ ' <br />FAX: (303) 832-8106 ~IYfS1aR 01 MlAatalS a0d GBOIOgy <br />PERFORMANCE WARRANTY . <br />Operator: <br />W' ~ ! <br />Operation: <br />Permit No: ~- I ~ qy - y 1 ~4 <br />r. <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />D I1'I SIGN <br />MINERA: <br />&- <br />GEOLOC <br />0.EClAM ATI< <br />MINING•SA FE <br />Bill Owens <br />Governor <br />Greg E. Walther <br />Executive Director <br />Michael a. Long <br />Division Director <br />WHEREAS, the Colorado Mmed Land Reclamation Act, C.R.S. 3432-101 et sue. (the "Act"), as <br />amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials, <br />C.R.S. 34=32-5-101 et sue. (the "Act"), as amended, provides that no permit maybe issued under the Act <br />until the Mmed Land Reclamation Boazd (the "Boazd") receives a performance warranty (or warranties) that <br />is a written promise to comply with all applicable requirements of the Act. <br />WHEREAS, -1Loloe>`t t", ~i <br />a permit to conduct a mining operation <br />(the "( <br />lands aze described in <br />the "Affected Lands". <br />"Operator"), has applied for <br />ration") on certain lands in `~ IJAtn'me.r ~-County, Colorado. These <br />permit application, as amended and supplemented, and are referred to herein as <br />WHEREAS, in its application for the permit, the Operator has agreed to be bound by all <br />requirements of the Act and all applicable rules and regulations of the Board, as amended from time to time. <br />WIdEREAS, the Board has determined, in accordance with the Act, that the estimated costs of <br />reclamation with regazd to those affected lands in ~UYtiri.FJ~ County which are now or may <br />become subject to the permit aze those amounts for the stated periods of tame as set forth in the financial <br />warranty, which may be amended from time to time to reflect revised estimates of said costs of reclamation. <br />WHEREAS, the Operator hereby gives the Boazd a performance warranty pursuant to <br />Section 34-32-117(2) or Section 34-32.5-117(2) of the Act, and herein promises the Board that it will <br />comply with all applicable requirements of the Act with regazd to those Affected Lands. <br />