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• ~~~ ~~~~~~~~~~~~~ ~~~ ~ OFF-CEE <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Deparlmenl of N. rural Resources <br />1 l i J Sherman 51., Room ? I S <br />Denver, Colorado Bo?OJ <br />Phone (3071 B66-7567 <br />FAX: UU31 A3I-8106 _ /I / <br />August 3, 1997 <br />Ray Fitzgerald <br />Telluride Mining Company, Inc. <br />1155 Avenue of the Americas <br />New York, NY 10036 <br />®EP1VEl~ OFFICE <br />PUBLIC FILE COPI~ <br />FILE: M-78-3/l <br />SITE: Haw~eye til ~ -~~, <br />~~ <br />DEPARTMENT OF <br />NATURAL <br />RESOURCES <br />Roy Romer <br />Governor <br />lames 5. Lochhead <br />E+~eanive Director <br />nlichael B Lonl; <br />Division DveUOr <br />RE: _ CS_R-13 H_a_wk_eye Min~Permit No. M-78-311, 'I~ansfer of_Permit and Succe_s_sion of <br />Operator Approval and Request t'or Financial Warranty, No. SO-4 <br />Dear Mr. Fitzgerald: <br />On July 2l, 1997 the Division of Minerals and Geology approved the Transfer of Permit and Succession <br />of Operator application submitted to the Division on May 19, 1997, addressing [he following: <br />Transfer Permit from Ryan, Ltd. to Telluride Mining Company, Inc. <br />You initialed Option A, which specifies that the Division will recalculate the required bond prior to final <br />approval of the transfer. The estimated liability amount for the financial warranry Ls $5,000.00. If you <br />have not already done so, please submit a pond in the amount of $5,000.00. The Succession of Operator <br />will not be final until the bond is approved by the Division. <br />If you have any questions, please contact me. <br />Sincerely, <br />D. Gillis <br />Senior Environmental Protec cialist <br />cc: Perry Flanigan, Ryan, Ltd. <br />