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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources - <br />1313 Sherman st., Room 275 C O L D IZA D O <br />Denver, Colorado 80203 o t v 1 5 t o N o r <br />Phone: (303) 866-3567 MIN & A L S <br />FAX: (303) 832-8106 G E O L O G Y <br />- RECLAMATION•MINING <br /> SAFETY•SCIENCE <br />Bill Owens <br />January 28, 2004 Governor <br />Greg E. Walther <br />Mr. Nick H. Gray Executive Director <br />584 65.30 Rd. Ronald w. cattany <br />Monttrose, CO 81401 Division Director <br />- - - - --- - - - - - - -- - ~ --- --- - ---~ - - - - '-"NStural Resource Trustee <br />Re: Gray Pit #1, File No. M-2003-092,112c Decision Letter -Financial and Performance Warranty Request - <br />Construction Material Operation <br />Dear Mr. Gray: <br />On January 23, 2004, the Division of Minerals and Geology approved your 112c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $28,125.00. You must submit a financial <br />wananty in this amount and a performance warranty in order for us to issue a permit. Jn the em~rt you have requested a <br />financial warranty form, we have enclosed it in this letter. h` you have not, please select a type of francial warrarty <br />from Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. We have enclosed a <br />performance warranty form with this letter fur your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCL~I. WARRANTY AND <br />PERFORMANCE WARRANTY. A PERMIT WH,L NOT BE ISSUED UNTIL WE VERIFY THE <br />ADEQUACY OF BOTH YOUR FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />L°you have any questions, please contact me. <br />"_ -Sincerel//y~~,-,, ^^- - - - -- -- - -- -- - - <br />~~~ill~~• ~~~. <br />~ G. Russell Means <br />Environmental Protection Specialist <br />Enclosure <br />ce: Timothy M. Scanlon, TMS Consulting <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />