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RECE19lE® <br />Ephemerol Resources, LLC. <br />1225 South Seventh Street FEB 18 ZO03 <br />GrandJunCtibn,Colorado81501 DivisionotMineralsandGeofoBY <br />970-242-5370 <br />February 12, 2003 <br />~~~ ~?~ <br />Mr. G. Russell Means ~~F~ ~ <br />Division of Minerals and Geolo '~~'~ Ffam <br />gY ~e77vrs~r: ~r M~!~erals & G~~. <br />Grand Junction Field Office <br />101 S. 3rd St., Suite 301 <br />Grand Junction, CO 81501 <br />RE: D Road Gravel Pit, Permit Application No. M-2002-046; Recalmation Costs <br />Dear Mr. Means, <br />This letter is to acknowledge receipt of your reclamation cost estimate dated January 31, 2003 <br />for the D Road Gravel Pit. Your total bond amount of $162,289.00 is agreeable to Ephemeral <br />Resources. Upon notification of DMG approval of the gravel pit, Ephemeral will proceed with <br />securing financial warranty in the stated amount. <br />Thank you for your assistance in helping me through the permitting process. If you have any <br />additional questions please don't hesitate to call me at 970/242-5370. <br />Respectfully, <br />t~~ <br />Gayle ~~~ <br />Special Projects Manager <br />