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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1373 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />February 21, 2003 <br />Jerry Koblitz <br />Greystone Development Consultants <br />5231 South Quebec Street <br />Englewood, CO -80111 <br />Re: Chimney Rock Mine (Pernut No. C-1981-023) <br />Bond Release Application No. 4 (SL-4) <br />Dear Mr. Koblitz: <br />DIVISION O F <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 />Division Director <br />The Division has issued a proposed decision to Approve Bond Release Application No. 4 (SLr4) for <br />the Chimney Rock Mine. Enclosed is the Division's decision form and written findings. Notice of the <br />proposed decision will be published in the The Pagosa Springs Sun, as soon as possible. Publication <br />of the notice initiates athirty-day public comment period. If there aze no requests for an adjudicatory <br />hearing within the thirty days, the decision will become fmal. <br />As provided by Rule 3.03.2(6), should you object to the Division's proposed decision, you may request <br />an adjudicatory hearing. <br />ff you have questions or are ui need of additional information, please contact me. <br />Sincerely, <br />Hey <br />Environmental Protect4on S ecialist <br />- - P- <br />HBR/Jrc <br />Enclosures <br />cc: Mike Keegan, Kaiser Ventures, LLC <br />C-SLW C1961023 liHlt 20030=:] 12512 PM <br />