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STATE OF COLORADO DIVISION Of MINERALS AND GEOLOGY pC/~C~~ r~® Department of Natural Rewurces P1Gl~G V • 1313 Sherman St., Room 275 D I V I S I O N -- Denver, Colorado 80203 III p;A- ~ ~r~ Phone: (303) 866-3s67 1'1FIn L `YYJ M I N E RA FAX: (3031832.8106 &- Diviaion o} Minetala and Gealapy G E O L O C REC LAMATI w PERFORMANCE WARRANTY M t N I N G• S A F F Bill Owens Governor G*eg E. Walther Ezecmive Director ~~`` y~~ Michael B. Long Operator: N Ew ~~r`A V b•CsLE.12 1 i l l NE 8ieisiars Bireclar - _ _ _ Operation: Srn~~~~~~ rYItNG Permit No: YYI - I `19 S - ~ KNOW ALL MEN BY THESE PRESENTS, THAT: WHEREAS, the Colorado Mmed Land Reclamation Act, C.RS. 34-32-101 et ~. (the "Act"), as amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials, C.RS. 34-32.5-101 et se . (the "Act"), as amended, provides that no permit may be issued under the Act until the Mused Land Reclamation Board (the "Board") receives a performance warranty (or warranties) that is a written promise to comply with all applicable requirements of the Act. WHEREAS, _ N6w Srnv~LC.~,e ////NE L~oa~ (the "Operator"), has applied for a permit to conduct a mining operation known as 5,-u,~c,-USE ~ rnt n1E_ (the "Operation") on certain lands in Qrcl N County, Colorado. These lands are described in the permit application, as amended and supplemented, and are referred to herein as the "Affected Lands". WHEREAS, in its 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, the Board has determined, in acc~or-r~dance with the Act, that the estimated costs of reclamation with regazd to those affected lands in Tt'rk.l N County which are now or may become subject to the permit are those amounts for the stated periods of time as set forth in the financial warranty, which may be amended from time to time to reflect revised estimates of said costs of reclamation. WHEREAS, the Operator hereby gives the Board a performance warranty pursuant to Section 34-32-117(2) or Section 34-32.5-1 I7(2) of the Act, and herein promises the Board that it will comply with all applicable requirements of the Act with regazd to those Affected Lands.