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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY f <br />Department of Natural Resources <br />1313 Sherman St., Room 215 (; O I, Q RA I~ (~ <br />Denver, COlorad0 60203 DIVISION O F <br />Phone: (303) 8663567 MINERAL S <br />FAX: (303) 832.8106 G E O L O G Y <br /> 0.ECLANATION•NINING <br />SAFETY•SCIENCE <br /> <br />~ Bill Owens <br />June 28, 2006 e Oovemor <br /> Russell George <br />Mr. DOllg L8W ~~ / Executive Director <br />Rio Grande Ranch, LLC ~ , / Ronald W. Cattany <br />P.O. Box 880 S O Division Director <br />$OLth FOrk, CO 81154 Natural Resource Trustee <br />/' <br />L/ <br />Re: Hanna Pit No. 1, Permit No. M-2004-045, Submittal or Financial Warranty far Transfer of Permit and <br />Succession of Operator Application ~ <br />Dear Mr. Law, <br />On June 12, 2006, the Division of Minerals and Geology received a $12,000.00 check far the Hanna Pit No. 1, Permit <br />No. M-2004-045. This permit cannot be transferred to Rio Grande Ranch, LLC for the following: <br />The Division requires receipt of a completed Financial Warranty Check for Deposit in State Treasury and a <br />Performance Warranty. Please find these forms enclosed for your use. <br />Upon completion, please return these documents to my attention. <br />If you have any questions, please do not hesitate to contact me at 303-866-4084. <br />Sinc~~ere~~ly, <br />~~~5 ~'~' ~~~ <br />Elizabeth Shelton <br />Program Assistant <br />Office of Office of Colorado <br />Mined Land Rxlamation Active and Inactive Mines Geological Survey <br />