2003-04-04_REVISION - M1995097

• Permit No: M1995097
• IBM Index Class Name: Revision
• Doc Date: 4/4/2003
• Doc Name: Incomplete Succession of Operator
• From: DMG
• To: New Smuggler Mine Corporation
• Type & Sequence: SO1
• Media Type: D
• Archive: No

STATE OF COLORADO
DIVISION Of MINERALS AND GEOLOGY
~
Depanment of Natural Resources
-
1373 Sherman St., Room 215 RECEeVED
DIVISION OI
Denver, Colorado 80203
Phone: [phone] MINERAL
FAX: [phone] q6 MAR'112003 &
GEOLOGI

Division of Minerals and Geology NEC LAM ATION
M 1 N i N G• S A f E T Y
FINANCIAL WARRANTY
CERTIFICATION OF DEPOSIT Bill Owens
Governor
Greg E. Walther
Executive Director
Michael B. Long
A' ~~ ~' ~_r ~ n . ~ 1 nl~- Division Director
Operation: S~^noytrL~-~c rnINE '
Permit No.: t~'1 - 19q 5 ' 09 'J
Bank: /-tt-~,N~ ~a..,k ~a~rs,~
Ste; t0~0 EtrksT ~~k.tnts Su1rE Opl
City: /'>5~at~
State: Cota_~r~ n Zip Code:. 8'/6//.
Area code: q ~ O Telephone: 9 2d - ~/So0 FAX: 920 - 3 9S/
KNOW ALL MEN BY THESE PRESENTS, THAT:
WHEREAS, the Colorado Muted Land Reclamation Act, C.RS. 1973, 34-32-I01, et ~. (the "Act"), as amended,
provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the "Boazd'~ receives a
Financial Warranty (or Warranties) as described in the Act.
WHEREAS, t=w Smuc<<.-I. ~_ /111N~ ~.'o.Y+ arv (the "Operator), a ~~e.r~co
corporation, has applied for a permit to conduct a mining ation known as S rn u c:cruE p
rn I N E (the "Operation"), on certain lands in t~rru.t N County, Colorado. These lands are described
in the permit application, as amended and supplemented, and aze referred to herein as the "Affected Lands."
WHEREAS, in the application for the permit, the Operator has agreed to be bound by all requirements of the Act
and all applicable rules and regulations of the Board, as amended from time to time.
WHEREAS, in the application for the permit, the Operator has agreed with the Boazd to provide far reclamation
of the Affected Lands that are now, or may become, subject to the permit, as required bylaw.
WHEREAS, the Board has deterntined, in accordance with the Act, that the estimated costs of reclamation of the
Affected Lands aze those amounts f~ the stated periods of time as set forth herein. Said amolmt may be amended from time
to time to re$ect revised estimates of said costs of reclamation.
WHEREAS, the Opcator, in accordance with the Act, has promised and hereby promises the Board that it will be
responsible for all the estimated costs of reclamation with regard to the Affected Lands.