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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />Apri17, 2004 <br />Mr. Harold F. Elam <br />Elam Construction, Inc. <br />OLORADO <br />.VISION O F <br />IN aRALS <br />EOLOGY <br />:LAM ATION•M ININ6 <br />EAFETT•ECIENCE <br />Bill Owens <br />Governor <br />Russell George <br />Executive Dimctor <br />1225 S. 7th St. Ronald w. Cattany <br />Grand 7unDtlon CG 81$01 Division Director <br />e Natural Resource Trustee <br />Re: File No. M-2002-111, Gilsonite Gravel Pit, 112c Decision Letter -Financial and Performance Warranty <br />Request -Construction Material Operation <br />Deaz Mr. Elam: <br />On Mazch 12, 2004, the Division of Minerals and Geology approved your 112c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $58,000.00. You must submit a financial <br />warranty in this amount and a performance warranty in order for us to issue a permit. In the event you have requested a <br />fmancial warranty form, we have enclosed it in this letter. If you have not, please select a type of financial warranty from <br />Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. We have enclosed a <br />performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AETE$ RECEIPT OF YOUR FINANCIAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me at (970) 243-6368. <br />Sincerely, <br />( ~2}~~ i~"" ~ v <br />- teve .. ShS <br />~ Environmental Protection S ecialist <br />P <br />Enclosure <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />