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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone; (303) 866-3567 <br />FAX: (3031832-8106 <br />RECEIVED <br />OCT T 9 T001 <br />Division of Minerals and CeologY <br />FINANCIAL WARRANTY <br />Operator <br />CHECK FOR DEPOSIT INSTATE TREASURY <br />~~ <br />DIVISION O ! <br />MINERALS <br />GEOLOGY <br />0.ECLAMA710N <br />MIN ING•SAFETY <br />681 Owens <br />Governor <br />Greg E. Watcher <br />Executive Director <br />Michael 8. Long <br />Division Director <br />~f ~ "1, ~4~CZS <br />Operation I I I Arv]_eY~ ~reQ. ~Q n =y,~ ra v E <br />Permit No. l9~ ^ ~ ~~0 - / ~ 3 Check No. .J 3 3 <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.RS. 1973, 34-32-101 et sec . (the "Act"), <br />as amended, provides that no permit tray be issued under the Act 1mti1 the Mined Land Reclamation Board (the <br />"Board") receives a financial warranty (or warranties) as described in the Act. <br />WHEREAS, r r ~ n (the "Operator), <br />a C o ra ration, has applied for a permit to conduct a mining Aeration lmown <br />as/1'lewt.nL^reelC S„e~~.~.,wa(the"Operation"), oncertamlandsin a County, <br />Colorado. These are described in the permit application, as amended and supplemented, and aze referred to <br />herein as the "Affected Lands". <br />WHEREAS, in the application for the permit the Operator has agreed to be bound by all requirements <br />of the Act and all applicable rules and regulations of the Boazd, as amended from time to time. <br />WHEREAS, in the application for the pemtit, the Operator has agreed with the Board to provide for <br />reclamation of the Affected Lands, that are now or may become subject to the pemrit, as required by law. <br />WHEREAS, the Board has determined in accordance with the Act that the estimated costs of <br />reclamation of the Affected Lands aze those amounts for the stated periods of time as set forth herein. Said <br />amotint may be amended from time to time to reflect revised estimates of said costs of reclamation. <br />WHEREAS, the Board has determined that the financial warranty by the Operator equals the estimated <br />costs of reclamation, as approved by the Board, with regard to the Affected Lands. <br />WHEREAS, the Operator, in acc~dance with the Ad has promised and hereby promises the Board that <br />it will be responsible for all of the estimated costs of reclamation with regard to the Affected Lands. <br />