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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman S[., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />July 1, 2003 <br />Mr. William A. Beaz Jr. <br />Bowie Resources Limited <br />P.O. Box 483 <br />Paonia, Colorado 81428 <br />RE: Bowie No. 1 Mine, Permit No. C-81-038, Bowie No. 2 Mine, Permit No. C-96-083, <br />Bowie Resources Limited, Insurance Certificate <br />Deaz Mr. Beaz: <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />RECLAMATION <br />MINING•SAFET7 <br />Bill Owens <br />Governor <br />Greg E. Walther <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />The Division has received the updated insurance certificate for the Bowie No. 1 Mine and the <br />Bowie No. 2 Mine. However, there aze two changes that need to be made with the certificate. <br />First, the Division requires that each mine has its own sepazate insurance certificate. With this <br />submittal, both mines aze listed on the one certificate. Please submit a separate insurance <br />certificate for each mine. <br />Second, in the cancellation agreement in the lower right comer of the insurance certificate, please <br />cross out the words "endeavor to" and "but failure to do so shall impose no obligation or liability <br />of any kind upon the insurer, its agents or representatives." <br />If you have any questions, please call me. <br />Sincerely, <br />.Ll2t-d s-.o-L, <br />eph J. Du~ash <br />Environmental Protection Specialist <br />c:\word\bowie2\insurelet2 <br />