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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Rewurces <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />Febnrary 20, 2003 / <br />DIVISION O F <br />MINERALS <br />GEOLOGY <br />RECLAMATION <br />MINING•SAFETY <br /> Bill Owens <br />Mr. Tom Logue Governor <br />Ephaneral Resources, LLC. / Greg E. Walther <br /> <br />122$ S. 7d1 St. Executive Director <br /> <br />Grand Junction, CO 81501 Ronald W. Cattany <br />Division Director <br />/ / ,~ / <br />Re: D Road Gravel Pit, File No. M-2002-046, II2c Decision Letter - F"mancial and Performance Warranty <br />Request -Construction Maternal Operation <br />Dear Mr. Logue: <br />On February 12, 2003, the Division of Minerals and Geology approved your 112c mining permit application. <br />The amount of financial warranty set by the Division for tlris operation is $162,289.00. You must submit a financial <br />warranty in this amount and a perfortnanoe warranty in order for us to issue a pemrt Tn the evart you have requested a <br />financial warranty form, we have enclosed it in this letter. If you have not, please select a type of fnraucial warranty <br />from Rule 4.3. Thar ccartact us so that we ran. provide you with the appropriate warranty form. We have enclosed a <br />performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AETF.$ RECEIPT OF YOUR FINANCIAL WARRANTY AND <br />PERFORMANCE WARRANTY. A PERMIT WI[.L NOT BE ISSUED UNTIL WE VERIFY THE <br />ADEQUACY OF BOTH YOUR FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />L`you have any questions, please contact rrle. <br />Sincerely, <br />~ G. Russell Meaos <br />Farvironrrlartal Protection Specialist <br />Enclosure <br />