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STATE OF COLORADO <br />INY1510N OF MINERALS AND GEOLOGY <br />[kparm,ent of NanNal Reswrtrs <br />7313 Sherman St_, Room 215 C O LO RAD O <br />Denver, Colorado 80203 DIVISION O F <br />INtone: t3o31 ar>63ss2 M [ N E <br />FAX: t3on e3z~loe G E O L O G Y <br /> 4ECLANATIO N-nrNrNG <br /> SAiFTY•S<IFNGF <br />Bill Owens <br />Goeevra <br />Rusell Geol&e <br />E><curMe DimtWr <br />TRANSFER OF APPROVED MINERAL APPLICATION AND <br />x~nala w, Cnanr <br />SUCCESSION OF PERMIT APPLICANT Divisim DiIMw <br />Norval Retowce Trlr9ee <br />L RECITALS <br />A. On ~ u a u s t 16 .2 0 0 2 ,the Miced Land Reclamation Board of the Colorado <br />Department of Natural Resources (tile "State") approved an application for a mining operation Imder C.R.S. 3432-101 <br />et~.or3432.5-101 et~.fromu;rl:lanr7 rnn.+rur•+;nT, rrrp (the"Applicant', <br />E9 P,o~: 580 Rye, i`0. (address), and assigned PermitAppBcationl3umberM-2002-077. <br />B. The Applicant wishes to assigv the approved Application to <br />V a n V a t k~ n h n ,- rr . T L (the "Succczsor'~, 7 7 9 5 3 H w V 1 4' w a r c; a n C O £10 4 8 0 (address), as <br />Successor Applicant and the Successor wishes to become Successor Permittce after all requirements of <br />C.RS. 34-32-I01 et seg. or 34-32.5-I01 e! ~, are met and the permit maybe issued <br />u <br />Applicant and Successor hereby agree, for their own benefit and for the belxfit of the State, such agreements <br />to be etYective immediately upon the approval by the State of the transfer of the Application Crom Applicant to <br />Successor, as follows; <br />L Successor has inspected the proposed site of the mining and reclamation operations and is fully aware <br />of the condition thereof. Successor has examined the Appliption far the permit and is fullyaware of its contents and <br />status ;a the pealritting process. Successor thus understands and accepts the Application as it clmcntly exists. <br />2. Successor understands the permit for this Application cannot be issued until all applicable <br />requirements of C.RS. 3432-101 et ~, or 34-32.5-101 et ~. are met, including submission of adequate <br />performance and financial warranties. <br />3. Successor understands that atl commitments and obligations of the Applieartt to the Mined Land <br />Reclamation Board related to this permit application and the approval become those Of the Successor. <br />4. Successor represents to the State that, to the best of its knowledge, infomretion and belief, it is not in <br />violation of any of the provisions of the Colorado Mined Land Reclamation Act with respect to any other operation <br />conducted by it in the State of Colorado. <br />Office of plfio' of Colorado <br />Mirred Lamf Reclamation Active and Inactive Mines Geologiml Survey <br />