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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />7anuary 24, 2003 <br />James Stover <br />MINREC, Inc. <br />2768 Compass Drive, Suite 101 <br />Grand Junction, CO 81506 <br />Re: Permit Issuance <br />Permit Renewal Application No. 4 (RN-4) <br />Blue Ribbon Mine (Permit No. C-1981-047) <br />Deaz Mr. Stover: <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />RECLAMATION <br />MINING•SAFETY <br />Bill Owens <br />Governor <br />Greg E. Walther <br />Executive Director <br />Ronald W. Cattany <br />Acting Division Director <br />Enclosed you will find two signed Colorado Division of Minerals and Geology Mining Permit <br />documents. An authorized representative of MINREC, Inc. needs to sign both documents and have them <br />notarized. One must be returned to the Division at the above address; the other must be kept on file at the <br />mine office. <br />Please be awaze that issuance of the pernlit renewal will initiate time frames of any enclosed stipulations <br />to the permit. Stipulations are enclosed in a rider to the permit, if any were imposed upon the permit. All <br />other enclosed commitments aze also in effect as of the pemut issuance. <br />If you have any questions, please contact me. <br />Snincerely, <br />/ ~: <br />Jim R. Burnell <br />Environmental Protection Specialist <br />JRB/Jrc <br />Enclosures <br />C-RN-I7 C1961047 ]RB 20030124 10130 PM <br />