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• ANNUAL REPORT
<br />INSTRUCTIONS
<br />According to C.FLS. 34-32-1 lb(3), and C.R.S. 34-32.5-1 l6(3)(a), on the anniversary date of the permit each year.
<br />the operator shall submit a report and a map showing the extent of current disturbances to affected land,
<br />reclamation accomplished to date and during the preceding year, new disturbances that are anticipated to oct:ur
<br />during the upcoming year, and reclamation that will be performed during the u?coming year. Please attach such
<br />a repon and map to enclosed annual report form. (An adequately labeled map that clearly delineates and includes
<br />the above elepteiits. su ee Bitten report.)
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<br />If your operatiop.i~: s pr~vj~ions of Temporary Cessation as defined in the Act and Rules, you must
<br />provide with the Annual Report the following information as required by 2 CCR 407-l, 407-4, and Rules
<br />1.13.7(1)(a):
<br />(i)_ the condition of the operation at the time of cessation;
<br />(ii) what specific measures have been and will be implemented to conply with reclamation, performance
<br />standards and Environmental Protection Plan requirements, if they are part of your approved application; and
<br />(iii) plans for resumption of mining operations.
<br />Please provide the: additional following information with your Annual Report, as applicable: -
<br />(a) Per ttie requirements of 2 CCR 407-I, 407-4, and Rules 1.15(1), provide an updated statement
<br />regarding the sufficiency of the value of the Financial Warranty, specifically:
<br />(.) Per the requirements of 2 CCR 407-1, 407-4, and Rules I. ] 5(1)(a), provide an updated
<br />statement regarding the sufficiency of the value of the financ.al warranty. Specifically,
<br />i:-revocable letters of credit, Deeds of Trust, and security agreements, self-insurance, salvage
<br />credit, and firs[ priority liens on project related fixtures.
<br />(ii) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(b), permits secured with a
<br />lleed of Trust or a Security Agreement, the operator shall submit an update, by a qualified
<br />independent appraiser, indicating any changes in property value, and a statement summarizing
<br />troy circumstances which may affect the adequacy of the Deed of Tmst, or Security agreement,
<br />_ _ and the value of the property subjett ro either of these instruments. T_he report shall alsoproyide
<br />~~roof that there are no past-due property taxes.
<br />;i) Per the requirements of 2 CCR 407-1, 407-4, and Rules 4.7(3), permits secured with an
<br />hTevocable Letter of Credit, the operator shall have the bank provide documentation in the form
<br />of a balance sheet, certified by a Certified Public Accountant, demonstrating that the Letter of
<br />Credit does not exceed ten percent (]0%a) of the bank's capital surplus accounts.
<br />(ii) Per the requirements of 2 CCR 407-1, 407-4, and Rules 4.9.3(c), permits secured by a First
<br />Priority Lien on any fixtures and Equipment, the operator shall provide a report in sufficient
<br />detail to fully describe the condition, value, and location of .dl pledged fixtures and equipment.
<br />(b) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(c), all monitoring information
<br />required as pan of the approved permit application, to include the Environmental Protection Plan. (Pleaze
<br />note that if you are not a Designated Mining Operation, you will not. have an Environmental Protection
<br />Plan as part of your approved permit.)
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