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Tnrt or- eetouano ~,u.~c~~u~e ~.,.., ..., <br />D EPARTMEN7 OF NATURAL RESOURCES <br />D. Mvnte Pascoe, E+ecu byc Di~mror <br />I111NLU LANU ({1sCL~111A'1'It)N <br />423 Centennial Building. 1313Sherman Street <br />Denver, Colorado 80203 Tel. (303) 866-3567 <br />III'II'll'll"II'll <br />David C. Shelton <br />Director <br />April 26, 1982 <br />Alvin Mosch - <br />P.O. Box 537 ' <br />Idaho Springs, Colorado 80452 <br />RE: Poorman hfine - File 11875'4" --~` <br />Phoenix hfine - Fil 1182-75 <br />Dear h1r. Mosch: <br /> <br />As you know, on April 22, 1982, the Pfined Land P.eclamation Soard approved <br />Che above cited applications with a financial warranty of $100.00 each. <br />There are numerous way:a of bonding these operations; Deed of 'trust, <br />Certificate of Deposit, Letter of Credit, Corporate Surety, or CertifieJ <br />Check. As we discussed briefly the other day, the State prefers not to <br />use a Deed of Trust for such a small amount. hfy sug,estion is f.or you to <br />use one of the other methods and request release of the appropriate amount <br />of your current prospecting bond (that amount which specifically covers <br />these mines). Please contact me when you have decided which warranty you <br />will use and I will send the appropriate Eorms. <br />Enclosed please find a performance warranty form. A performance iarranty <br />is required for each operation prior to the issuance of tl~e permits. Upon <br />receipt of the financial warranties and the performance warranties the <br />permits for these operations will be issued. <br />If you have any questions please do not hesitate to contact me. <br />Sincerely <br />1 <br />~y ~ ~~~,, <br />Jay Lucas <br />Reclamation Specialir,t <br />JL:ep <br />Enclosure <br />