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~ <br />STATE OF <br />999 <br />COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman 51., Room 215 <br />Denver, Colorado 80203 <br />Phone:13031866-3567 <br />FAX: (303)832-8106 <br />August 22, 1994 <br />Patrick J. O'Neill <br />Northern Minerals Inc. <br />24715 Five Mile Rd <br />Redford, MI 48239 <br />Re: Incas Mine, Succession Approval, Permit No. M-86-076, Revision No. <br />SO-001 <br />Dear Mr. O'Neill: <br />~~ <br />DEPARTMENT OE <br />NATURAL <br />RESOURCES <br />Roy Romer <br />Governor <br />lames 5. Lochhead <br />Executive Direua <br />Michael B Long <br />Divn~on Direuor <br />On August 18, 1994 the Colorado Mined Land Reclamation Board approved the <br />succession of operators from Northern Minerals Inc. to DGMC for this <br />operation. Enclosed is Michigan National Corporation Banks Certificate of <br />Deposit No. 47812] in the amount of $5,000.00 and the Performance Warranty you <br />originally provided. These have been released as of the August 18, 1994 Board <br />approval for the succession of operators. You should advise your bank of this <br />release by copy of this letter. <br />DGMC is now the permitted operator of the Incas Mine, and as such, is <br />responsible for all provisions in Permit No. M-86-076, as well as those <br />specified in the Minerals Rules and Regulations. <br />If you have any questions, please contact me. <br />Sincerely, <br />~ ~~) c~^~ <br />`~ ~-_~ <br />Lav n Lemay._ ~' . <br />__P.r ram Assistatrt-~'1 <br />LPL/amm <br />Enclosures <br />CERTIFIED MAIL N0. P 296 603 200 <br />Return Receipt Requested <br />9987G <br />