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Holme Roberts & Owen LLP <br />JAN 2 3 1998 <br />January 23, 1998 <br />Tlronens F: Gyir <br />l3rralsnh-rrs~s <br />rol>r•L a /nu.rom <br />dttarneya nL Law <br />Ii00 Lrncolrt SLreer <br />scree ~roo <br />Denver, Colorado <br />SO?03-25ti1 <br />Te! f303J5'67-'000 <br />Faa~ (303)866-0200 <br />uwu•.hro.com <br />Dertuer <br />Salt Lake Cih' <br />Boulder <br />Colorado Springs <br />London <br />Moscow <br />Hand Delivery <br />William J. Carter <br />Environmental Protection Specialist <br />Division of Minerals and Geology <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />RECEIVED <br />III IIIIIIIIIIIIIIII <br />999 <br />Division oI Minerals 8 Geobgy <br />Re: Sanborn Creek Mine (Permit No. C-81-022)--Certificate of <br />Insurance <br />Deaz Bill: <br />Enclosed in connection with the transfer of the above captioned permit <br />from Oxbow Cazbon & Minerals, Inc. to Oxbow Mining Inc. ("OMI") is an <br />executed original Certificate of Insurance dated January 22, 1998, issued by AON <br />Risk Services. <br />Do not hesitate to contact me if you have any questions or comments. <br />Very tj~ruly/yours, <br />V <br />Thomas F. Cope <br />TFC:rk <br />cc (w/encl.): Paul Fri[zler <br />Thomas C. Anderson, P.E. <br />Jerry Nettleton <br />x356525 <br />