PERMFILE112775

• Permit No: M1999074
• IBM Index Class Name: Permit File
• Doc Name: MINING AND RECLAMATION PERMIT HARD ROCK METAL MINING OPERATIONS
• Media Type: D
• Archive: No

~ III IIIIIIIIIIIII III ~
STATE OF COLORADO
DIVISION OF MINERALS AND GEOLOGY
Deparlmenl of Nalu ral Resources
1313 Sherman SI., Room ? 15
Denver, Colorado 80203
Phone: [phone]
FAX: [phone]
MINING AND RECLAMATION PERMIT
HARD ROCK/METAL M[NING OPERATIONS
Permit Number: M-99-074
Type of Permit: 110(2)
Permit Date: October 20, 1999
(Anniversary date for
annual report and fees
purposes)
DIVISION OF
MINERALS
GEOLOGY
RECLAMATION
MINING•SAFETY
Bill Owens
Governor
Greg E. lvalcher
Eaeculive DueOOr
Michael B. Long
Division Direclo~
THIS PERMIT is issued by the Mined Land Reclamation Board, Department of Natural
Resources, State of Colorado.
RECITALS
A. The Permittee, Precious Offerings Minerals Exchange, [nc. desires to conduct a mining
operation known as Brown Derby Mine, for the purpose of extracting gemstones, lithium, ore, and
unknown commodity. The Permittee will not mine any secondary commodities.
B. On October 20, 1999 the Mined Land Reclamation Board (the "Board") approved the
Permittee's application for this permit, fixed the amount of the financial warranty and directed that
this permit be issued upon the filing with the Division of Minerals and Geology (the "Division") of
performance warcanry and financial warranty (or warranties) in the amount so fixed in form and
substance approved by the Division. Said warranties have been filed with the Division.
C. If the Permittee desires to extract materials other than those listed in (A), a separate
permit may be required.
D. On October 20, 1999 the Board made the following findings:

1. The application for this permit complies with the requirements of the Colorado
Mined Land Reclamation Act, C.R.S. 34-32-101 et sec ., as amended, and with all applicable local,
state and federal laws;
2. The operation will not adversely affect the stability of any significant, valuable,