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iiiiiiiiiiiiiiiiiii <br />999 <br />Red Canyon Mine <br />C-81-034 <br />Decision and Findings of Compliance <br />for <br />Transfer of Permit <br />Colorado Mined Land Reclamation Division <br />January 3, 1990 <br />The Colorado Mined Land Reclamation Division has issued a decision to approve <br />an application for transfer of the mining permit for the Red Canyon Mine. <br />This decision is based upon findings of compliance required by the Colorado <br />Surface Coal Mining Reclamation Act. (SMRCA) C.R.S. 34-33-101 et, seq, and <br />the Rules promulgated thereunder. `- `- <br />The necessary findings of compliance follow. <br />1. Information submitted in the transfer application pursuant to Rule 2.03.4 <br />is true and correct. <br />2. Standard inquiries were made pursuant to C.R.S. 34-33-114(3) and the <br />Applicant Violator System during the transfer application review process. <br />No other states were contacted as MINREC, Inc. or its officers have never <br />operated any mining activities previous to this transfer. <br />Information supplied by MINREC, Inc. has demonstrated an intent to comply <br />with the requirements of 30 CFR Chapter VII, Subchapter R, the Surface <br />Coal Mining Reclamation Act, and Regulations promulgated pursuant to the <br />Act. <br />Based upon the above information, the Division finds that MINREC, Inc. <br />will conduct operations at the Red Canyon Mine in accordance with the <br />requirements of the Act and Regulations and the approved permit. <br />3. A replacement performance bond in the form of letter of credit #12633 for <br />the amount of $74,000 has been submitted and approved. The amount of <br />this bond is equivalent to the bond of the original permittee. <br />/ern <br />2782E <br />