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'~L <br />STATE OF COLORADO • <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1 317 Sherman St.. Room 215 ~ ~ ~, r , ~ ~ ~ I`~~~ <br />Denver. Colorado 80207 -. ~ I <br />Phone: 1303 866.3567 <br />f AX: 13031 832~8I06 _ <br />M61% O E? 997 DEPART;~tENT OF <br />NATURAL <br />Diwsi~~ ~ ,,, ,.,.,,„,u„ u ,.~„~~yy, RESOURCES <br />Rm Rome. <br />Gove.nor <br />ken Salaiar <br />PERFORMANCE WARRANTY f.e<°ineD,.Kr°, <br />M~<hdel B. Long <br />Drvmm~ Dnecror <br />Operator: International Uranium (USA) Corporation <br />Operation: Topaz Mine <br />Permit No: M-eo-oss <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, CRS as amended, <br />34-32-101 et seg. (the "Act">, as amended, provides that no permit may be <br />issued under the Act until the Mined land Reciamation Board (the "Board") <br />receives a performance warranty (or warranties) that is a written promise to <br />comply with ail applicable requirements of the Act. <br />WHEREAS, International Uranium (USA) Corp. (the "Operator"), hds <br />applied for a hermit to conduct a mining operation known as Topaz Mine <br />(the "Operation") on certain lands in son Micruel <br />County, Colorado. These lands are described in the permit application, as <br />amended and supplemented, and are referred to herein as the "Affected Lands". <br />WHEREAS, in its application for the permit, the Operator has agreed <br />to be bound by all requirements of the Act and all applicable rules and <br />regulations of the Board, as amended from time to time. <br />WHEREAS, the Board has determined, in accordance with the Act, that <br />the estimated costs of reclamation with regard to those affected lands <br />in San Miguel County which are now or may become subject to the permit <br />are those amounts for the stated periods of time as set forth to the financial <br />warranty, which may be amended from time to time to reflect revised estimates <br />of said costs of reclamation. <br />WHEREAS, the Operator hereby gives the Board a performance warranty <br />pursuant to Section 34-32-117(2) of the Act, and herein promises the Board <br />that it w111 comply with ail applicable requirements of the Act with regard to <br />those Affected Lands. <br />