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• III IIIIIIIIIIIIIIII • <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1 41; Sherman SL, Rnom ? 15 1~~„a~~ <br />Denver, Colorado 80203 /L~~~JI <br />Phone: 17031 866-3567 <br />fA%: 11031 832 8106 <br />DEPARTMENT OF <br />December 9, 1997 NATURAL <br />RESOURCES <br />James F. Poulos Rny Romer <br />Ouray Associates, LLC envernnr <br /> <br />4025 Easley Road lames 5. Lorhhead <br />E„ecuuve Dueaor <br />Golden, CO 80403 Michael B Lonµ <br /> Division Director <br />RE: File No. M-97-084, Memphis, 110c Decision Letter -Financial and Performance Warranty <br />Request -Construction Material Operation <br />Dear Mr. Poulos: <br />On December 8, 1997, the Division of Minerals and Geology approved your I IOc mining permit <br />application. <br />The amount of financial warranty set by the Division for this operation is $1,053.00. You must submit <br />a financial warranty in this amount and a performance warranty in order for us to issue a permit. In the <br />event you have requested a financial warranty form, we have enclosed it in this letter. If you have not, <br />please select a type of financial warranty from Rule 4.3. Then contact us so that we can provide you with <br />the appropriate warranty form. We have enclosed a performance warranty form with this letter for your <br />use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT <br />HAS BEEN ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL <br />WARRANTY AND PERFORMANCE WARRANTY. A PERMIT WILL NOT BE ISSUED <br />UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR FINANCIAL WARRANTY AND <br />PERFORMANCE WARRANTY. <br />If you have any questions, please contact me. <br />Sincerely, <br />wald <br />Environmental Protection Specialist <br />Enclosure <br />cc: Robert A. Larson, Monadnock Mineral Services <br />