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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 />January 28, 2004 / <br />OLORADO <br />[VISION O F <br />INERALS <br />-~ <br />EOLOGY <br />CLANATION•N IN ING <br />SAf ETY•5<IEN<F <br />Bill Owens <br />Governor <br />Greg E. Walther <br />Mr. Nick H. Gray Executive Director <br />584 65.30 Rd. Ronald w. Gattany <br />Mormose, CO 81401 Division Director <br />/ ./ Natural Resource Trustee <br />Re: Gray Pit #/1, F'ile No. M-200~-092,112c Decision Letter - Financial/and Performance Warranty Request - <br />Construction Material Operation <br />Dear Mr. Gray: <br />On January 23, 2004, the Division of Minerals and Geology approval your 112c mining pemmit application. <br />The amount of filancial warranty set by the Division for this operation is $28,125.00. 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 />financial warranty form, we have enclosed it in this letter. If you have uot, please select a type of financial warranty <br />from Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. We have enclosed a <br />performance warranty forrrf 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 AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND <br />PERFORMANCE WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE <br />ADEQUACY OF BOTH YOUR FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me. <br />Sincere]//Y>__ ~ <br />~ G. Russell Means <br />EnviromneNal Protection Specialist <br />Enclosure <br />ce: Timothy M. Scanlon, TMS Consulting <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />