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<br />w <br />>> <br /> s~ <br /> <br />III IIIIIIIIIIIII III <br />M-77-342 Permit Synopsis <br />August 12, 1988 <br />CLIMAX MOLYBDENUM COMPANY <br />Henderson Mine <br />Acreage: Permitted: 6,227.6 + 6,274.77* = 12,502.37 <br />Affected: 940 + 3,135* = 4,085 <br />Location: Mine: 9 miles west of Empire, Clear Creek County <br />Mill: 22 miles south of Parshall, Grand County <br />Elevation: 10,400 ft. <br />Ore: Molybdenite & Molybdenum disulfide <br />Financial Warranty: b4, 119,000.00 (Corporate Surety) the company <br />recalculates the Financial Warranty every 2 ~~ears to <br />incorporate newly affected land; last increase: <br />March, 1985. Company submitted cost recalculation <br />illustrating a $293,000.00 increase; however., the <br />Division has not yet reviewed and the increase has not <br />been submitted as of August 12, 1988. <br />Section 2 MINE PLAN <br />Mine yard: 129 acres + 43 acres* = 145 acres <br />Mine access: 28 ft. diameter, 3,100 ft. deep vertical shaft <br />2 additional vent shafts. <br />Mining method: panel cave mining system <br />Mineral haulage: 14.4 mile rail system; 9.6 mile tunnel <br />4.8 mile surface rail, with a 12 ft. diameter, 1,528 <br />ft. deep vent shaft midway through tunnel (.i ac. <br />surface disturbance) <br />tunnel portal: 28 acres <br />surface rail: 109 acres + 12 acres* = 131 ,acres (5 <br />acres as buffer) <br />* 1981 Amendment #1 <br />