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(eP ~~~ ~~~~~~~~~~~~~~~~ r <br />999 <br />XBOW <br />December 10, 1996 <br />~~~kIVED <br />Via Hand Delivery <br />Ms. Deborah L. Mulloy <br />Program Assistant II <br />State of Colorado <br />Division of Minerals and Geology <br />1313 Sherman St., Room 215 <br />Denver. Colorado 80203 <br />Ut~ 1 G 1996 <br />Division of I+~„ .. - - ~ ~~"'~~.` <br />Re: Transfer of Permit and Succession of Operators, Coal Reclamation Bonds, <br />Sanborn Creek Mine (f.k.a. Somerset Mining Co.,) Permit No. C-81-022 <br />Dear Ms. Mulloy: <br />Pursuant to our recent conversation, I am enclosing the original Coal Reclamation Bond for the <br />$6,000 CD at Norwest Grand Junction as well as Norwest Grand Junction's acknowledgment of <br />our name change. In addition, I expect Norwest to provide you with the original Safe Keeping <br />Receipt for the above mentioned bond along with a written statement clarifying the FDIC <br />insurance issues we discussed. <br />Thank you for all of your assistance, Ms. Mulloy. I will contact you at the end of the week to see <br />what Norwest has provided. In the meantime, please don't hesitate to contact me if you have any <br />questions or comments. <br />Sincerely, <br />O ON & MINERALS, INC. <br />Paul Fritzler <br />Vice President, Operations <br />enclosure <br />7 9 0 1 S o u t h P a ~ k Plaza Suite ~2 0 2 L i t t l e Co n Colorado , 8 0 1 2 0 U S A <br />TEL (303) 795 ~04 7 3 FAX (303) 795 ~ 1 524 <br />