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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 D IV IS I ON OF <br /> Phone:(303)866-3567 MINERALS <br /> FAX:(303)832-8106 & <br /> GEOLOGY <br /> RECLAMATION <br /> MINING-SAFETY <br /> January 20, 2000 <br /> '� t+ • ' l l �„:. Bill Owens <br /> Dave Diss <br /> �'Y'�' Governor <br /> Greg E.Watcher <br /> Cotter Corporation Executive Director <br /> P.O. Box 700 Michael B.Long <br /> Nucla, CO 81424-0700 Division Director <br /> RE: TR-01 Approved, Financial Warranty Adjustment, <br /> Ike #1 Mine, Permit No. M-77-451. <br /> Dear Mr. Diss: <br /> On January 19, 2000, DMG approved Technical Revision (TR-01 ) to the Ike #1 Mine, <br /> addressing the requirements of Rule 4.2.1 (8) for operations having a reclamation bond with <br /> a federal land management agency. <br /> During our review of TR-01 , we recalculated the current cost of reclamation. DMG <br /> reclamation cost estimation totaled $17,718. Please find enclosed, copy of DMG 1/19/00 <br /> reclamation cost estimation. <br /> DMG records indicate that with the existing $15,000 reclamation bond held by Department <br /> of Energy, the amount of financial warranty held by DMG should not be less than $2,718, <br /> to ensure a total financial warranty of $17,718. <br /> Please contact me at the DMG Durango Office, 701 Camino Del Rio, Room 125, Durango, <br /> CO 81301, phone (970) 247-5469, if you have any questions. <br /> Sincerely, <br /> Wallace H. Erickson <br /> Environmental Protection Specialist <br /> Enclosure: DMG 1/19/00 reclamation cost estimation <br />