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~ ~ III IIIIIIIIIIIIIIII <br /> 999 <br />HILL & BOBBINS <br />ATTORNEYS AT LAW <br />DAVID W. BOBBINS 100 BLAI~ STREET BUILDING TELEPHONE <br />ROBERT F. HILL 1441 EIGHTEENTH STREET 000 2BB-B 100 <br />DENNIS M. MONTGOMERY DENVER. CA LORADO BO20E <br /> TELECOPIER <br />AAHEN A. TOMB <br />DOO YBB-2080 <br />BOBBEE J. MUBORAVE <br />RONALD L. WILCOX <br />J. HEHPEA WILL <br />OP COUN9BL <br />June 19, 1985 ~„,~~~~r~~~ <br />u <br />JUN 191985 <br />STATE OF COLORADO <br />MINED LAND <br />Department of Natural Resources <br />RECLAMATION DIVISI <br />Mined Land Reclamation Board N <br />1313 Sherman Street <br />Denver, Colorado 80203 <br />Re: Panhandle Drilling Company, Inc.; <br />Application for Gold Placer Operation <br />Alma Placer -File No. M-85-029 <br />Gentlemen: <br />This letter responds to your June 7, 1985 request for dditional <br />information about several application items for the a ve mine. <br />The information is provided in the same paragraph se uence of <br />your letter. <br />1. Name of the Applicant/Operator. The lease fo the Alma <br />Placer Group between Ducommun Business Trust and Panhandle <br />Drilling Company requires the lessee to diligently pursue a <br />MI,RB permit "in the name of lessor". This provis on is in <br />the lease because of difficulties encountezed by t e lessor <br />under previous leases that resulted in litigation to force <br />defaulting lessees to relinquish their MLRD permit. <br />Therefore, the application submitted listed Ducommun <br />Business Trust as the applicant and Panhandle Drilling <br />Company at the operator. The MLRD has seve al times <br />questioned this arrangement. In order to eet the <br />regulatory requirements of the MLRD and to satisfy the lease <br />term, we are submitting an amended application f rm which <br />lists the name of the applicant/operator as "Ducommun <br />Business Trust/Panhandle Drilling Company". This hange is <br />submitted with the understanding that the perator, <br />Panhandle Drilling Company, will be fully respon ible for <br />the operation of the mine, for any financial rranties <br />