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- .Cross Minin+5 Co., Ltd. <br />Caribou, Colorado <br />D~rirr~ir~r/r~ ~.~old.~ S~ >y~r <br />November 11, 1988 <br />Ms. Camille Farrell <br />Department of Natural Resources <br />Mined Land Reclamation Division <br />423 Centennial Building <br />1313 Sherman <br />Denver, Colorado 80203 <br />Dear Camille: <br />~-f - 77- yi0 <br />III ~I~II~II~IIII III ) <br />~~~~~ M ~« <br />NOV 1 G 1985 <br />MINED LAND <br />RECI.P,MATtON plVt3t()N <br />Cross Mining Company, operators of the Cross Gold Mine at <br />Caribou, currently lease the office facility at the Boulder <br />Mill-Tusco property located at 63rd and Valmont near Boulder. As <br />you may or may not know, the 110 acre mill site was operated <br />between 1935 and 1940 by St. Joe Mining and Milling as a gold <br />mill for the Grand Republic Mine. Between 1940 and 1376, the <br />property was owned and operated by Allied Chemical Corporation <br />(Allied Signal Group) as a 200 TPD fluorspar mill. In December <br />of 1976, the mill was purchased by Tusco Incorporated aid leased <br />to Hendricks Milling Company. Sporadically between 1977 and <br />1985, Hendricks Milling Company processed gold/silver ore from <br />the Caribou area. About three years ago, the old Allied Chemical <br />tailings pond was covered with approximately 1' of Pierre shale <br />and soil to stabilize it. The mill has been inactive s~_nce that <br />time waiting for mill feed on a steady basis. <br />Cross Mining Company is looking at possibly purcha:aing the <br />facility and/or entering into a long term lease with Tusco. If <br />Cross Mininq eventually purchases the property, it is possible a <br />modern, state of the art mill will be built to replaces the old <br />facility. The Company would anticipate excavating a new tailings <br />pond in the Pierre shale east of the existing pond. Such a <br />tailings area would be carefully engineered and planned well <br />before construction commenced. It is also possible that Cross <br />Mining Company may wish to mill ore from development work <br />currently in progress at the Cross Mine. A smaller tailings pond <br />would be constructed immediately west of the existing pond for <br />the small mining program. <br />Mailing Address: Posi Office Box 653~aribou • Nederland Colorado eM660653 <br />Phone: Office-Boulder 303x413-ISOR Mine 303-25&3806 Fax 11 303443-6604 <br />