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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <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 />October 3, 2006 <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />- St- <br />SAFETY <br />Bill Owens <br />Governor <br />Russell George <br />Executive Director <br />Mr. Mark Vigil <br />Lafarge West, Inc. <br />10170 Church Ranch Way, Ste. 200 <br />Westminster, CO 80021 <br />Ronald W. Cottony <br />Division Director <br />Natural Resource Trustee <br />Re: File No. M-2006-018, North Bank Resources - 112c Decision Letter, Construction Material Operation <br />Financial and Performance Warranty Request, Class: Permit <br />Deaz Mr. Vigil: <br />On October 3, 2006, the Division of Reclamation, Mining and Safety approved your 112c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $196,600.00. You must submit a financial <br />warranty in this amount and a performance warranty in order for us to issue a permit. h3 the event you have requested a <br />financial 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 MIlVING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WII.L NOT BE ISSUED UNTII. WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me at (303) 866-4921. <br />Sincerely, <br />~~ <br />Thomas A. Schreiner <br />Environmental Protection Specialist <br />Enclosure <br />cc: Cazl Mount, DRMS <br />Elizabeth Shelton, DRMS <br />Office of Office of <br />Mined Land Reclamation Active and Inactive Mines <br />