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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 />May I5, 2005 <br />COLORADO <br />DIVISION O F <br />MINESRALS <br />GEOLOGY <br />REC LAMATION•MI NING <br />SAfETYKCIENCE <br />Bill Owens <br />Governor <br />Mr. Dave Schuler Russell George <br />Schuler Construction Executive Director <br />4520 Ramah Highway Ronald W. Cattany <br /> <br />Yoder, CO 80864 Division Director <br />Natural Resource Trustee <br />Re: File No. M-2005-002, Schuler Construction Pit # 1, 110c Decision Letter -Financial and Performance <br />Warranty Request -Construction Material Operation <br />Deaz Mr. Schuler: <br />On May 12, 2005, the Division of Minerals and Geology approved your 110c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $22,250.00. You must submit a fmancial <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 />fmancial 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 MINING OPERATIONS MAY NOT.COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY TFIE DIVISION AETEB RECEIPT OF YOUR FINANCLAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCL~L, WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me. <br />Sincerely, <br />"V wbl---~'. <br />Anthony J. aldron <br />Environmental Protection Specialist <br />Enclosure <br />0f8ce of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />