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<br /> <br /> HILL SC BOBBINS <br /> ATTORNEYS AT LAW <br />DAVID w. ROBBIN9 100 BLAHS STREET BUILD INO TELEPHONE <br />ROBERT P. HILL 1461 EIOHTE ENTR 9TREET JOJ DDB-BIOD <br />DeNN19 M. MONrooMewv DENVER. COLORADO 60209 <br /> TELECOPIER <br />HAREM n. TOMB <br />aoa DDe-aaaa <br />Boefiee J. HUSaRwve <br />RONALD L. WILCOX <br />J. IO:HPER WILL <br />OI fA VMBCL <br /> tr~~l~;'1~~~ <br /> <br />June 19, 1985 <br /> JUN g g ~8 <br />MINED LANI <br />STATE OF COLORADO RECLq-ylgrlDN DI <br />Department of Natural Resources <br />Mined Land Reclamation Board <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 a ditional <br />information about several application items for the abo a mine. <br />The information is provided in the same paragraph seq ence of <br />your letter. <br />1. Name of the Applicant/Operator. The lease for the Alma <br />Placer Group between Ducommun Business Trust and anhandle <br />Drilling Company requires the lessee to diligently rsue a <br />MLRB permit "in the name of lessor". This provisi is in <br />the lease because of difficulties encountered by the lessor <br />under previous leases that resulted in litigation t force <br />defaulting lessees to relinquish their MLRD permit. <br />Therefore, the application submitted listed ucommun <br />Business Trust as the applicant and Panhandle tilling <br />Company at the operator. The MLRD has severa times <br />questioned this arrangement. In order to me t the <br />regulatory requirements of the MLRD and to satisfy t e lease <br />term, we are submitting an amended application for which <br />lists the name of the applicant/operator as "ucommun <br />Business Trust/Panhandle Drilling Company". This ch nge is <br />submitted with the understanding that the o erator, <br />Panhandle Drilling Company, will be fully cesponsi le for <br />the operation of the mine, for any financial wa ranties <br />