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STATE OF ~OLORA.DO <br />DIVISION OF AKIAMATION, MINING AND SAf1iiY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denier. Colorado 90203 <br />Phony. (30]) 8667567 <br />FAX: (303) a32-0106 <br />October Iti,2006 <br />Mr. Matt Collins <br />Mount Royale Ventures, LLC <br />P.O. Box 19754 <br />Boulder, CO 80308 <br />Re: Cash & Who Do M1nes, PermU No. M-1983-141, Amendment Approval, Revision No. AM-2 <br />Close: RevLalon Type-Seq.: AM-2 <br />DwrMr. Collins; <br />9111 Owens <br />Corema <br />Russell George <br />Exenrox Dirrctor <br />Rp~d W.4msry <br />DMAM Dlrecmr <br />NaNnl Resourte inMee <br />tht October l0, 20(16 the Division of Reclanmtion, Mining and Safety approved the Amendment application submitted to <br />the Division on November 7, 2005, addressing the folbwing: <br />Amendment application to include an alternate method joy ore remom~ acrd mod fy the existing permit area boundary <br />delineations and acreages. <br />The terms of the Atmndment No. 2 approved by the Divisiaal are hereby incorporated into Permit No. M-1983-141. All <br />other conditions acrd requirements of Perm» No. M-1983-141 remain in foil force and effect. Please note that Mount <br />Royale Ventures, LLC has committed to submittal of a comprehensive water monitoring plan in the form of a technical <br />revision within 60 days of this amendment approval. <br />The Division has calculated a total reclarrmtion cost of $175,900 for this amendment approval end has enclosed a copy of <br />die reclamation cost estimate far your review. The estimated liability amount of $175,900.00 exceeds the $5,000.00 <br />pedomrence bond currently held. If you have not already done so, please submit additional bond in the atnotrnt of <br />$170,900.00 or a replacement bond in the amount of $175,900.00. The revision will not be ftrutl until the bond is <br />approved by the Division. <br />If you have any questions, please contact the at (303) Sb6-4921. <br />Sincerely, <br />Tltomes A. Schreiner <br />Environmental Protection Specialist <br />Enclosure <br />oc: Cart Mount, DRMS <br />Elizabeth Shelton, DRMS <br />Office of Ofara of <br />Mined Land Reclamation AMre and Inac7ive Mina <br />