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Gr/n~ S~ rvl <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Deparanerlt of Natural Raouroes <br />1313 Sherman St., Roam 215 <br />Denver, Colorado 80203 <br />Plforlc (303) 8663567 <br />FA%: (303)832-0106 <br />July 24, 2006 `~ <br />Mr. Alan Chiles / <br />Rimrock Exploration & Development, Inc. V <br />25615 2600 Road <br />P. O. BOX 482 <br />Nucla, CO 81424 <br />COLORADO <br />DIVISION OF <br />MIN~RALS <br />GEOLOGY <br />RECIANATION•NININO <br />f AiETT•fC1ENCE <br />Bill Owen <br />Gouarrlar <br />Russell Geor®R <br />ERecutiva Director <br />Ronald W. cottony <br />Division DIn±cTp <br />Natural Raourte Trusoee <br />Re: Flle No. M-2005-050, J Birds, M-2005-050 Decision Letter -Financial and Performance Warranty <br />Request -Hard Rock Mining Operation <br />Deaz Mr. Chiles: <br />On July 20, 2006, the Division of Minerals and Geology approved your 110(2) mining permit application. <br />The amount of financial warranty set by the Division for this operation is $16,646.00, 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 <br />requested a financial warranty form, we have enclosed it in this letter. If you have not, please select a type of <br />financial warranty from Rule 4.3. Then contact us so that we can provide you with the appropriate warranty forTrr. <br />We have enclosed a performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTII. A PERMIT HAS <br />BEEN ISSUED BY THE DIVISION AFTER RECEII'T OF YOUR FINANCIAL WARRANTY AND <br />PERFORMANCE WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE <br />ADEQUACY OF BOTH YOUR FINANCLAI. WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me at (970) 241-1117. <br />Sincerely, ) n,~A <br />1" ~ v~ti~Y - "._._ <br />GLlius ell Means <br />Environmental Protection Specialist <br />Enclosure <br />cc: Elizabeth Shelton, DMG <br />Cazl Mount, DMG <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />