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<br />ANfJUAL REPORT
<br />INSTRUCTIONS
<br />According to C.R.S. 34-32-I 16(3), and C.R.S. 34-32.5-1 16(3)(x), on the anniversary date of the permit each }'ear,
<br />the operator shall submit a report and a map showing the extent of current disturbances to affected land, i
<br />reclamation accomplished to date and during the preceding year, new disturbances that are anticipated to occur
<br />during the upcoming year, and reclamation that will be performed during the upcoming 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 elements may suffice For a written report.) ~
<br />If your operation is subject to the provisions 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-], 407-4, and Rules ~
<br />(i) the condition of the operation at the time of cessation;
<br />(ii) what specific measures have been and will be implemented [o comply 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 infotmation with your Annual Report, as applicable:
<br />(a) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1), provide an updated statement
<br />regarding [he sufficiency of the value of the Financial Warranty, specifically:
<br />(i) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(a), provide an updated
<br />statement regarding the sufficiency of the value of the financial warranty. Specifically,
<br />irrevocable letters of credit, Deeds of Trust, and security agreements, self-insurance, salvage
<br />credit, and first priority liens on project related fixtures. I
<br />'(ii) Per [he requirements of 2 CCR 407-1, 407-4, and Rules l .l ~(1)(b), permits secured with a
<br />Deed of Trust or a Security Agreement, [he operator shall submit an update, by a qualified;
<br />independent appraiser, indicating any changes in property value, and a statement summarising
<br />--- - -- unycircumstances which may affect [he adequacyof the Deed of Trust; or Sewfiry agreement.
<br />and the value of the property subject to either of these instruments. The report shall also provide
<br />proof that there are no past-due propeny taxes.
<br />(i) Per the requirements of 2 CCR 407-I, 407-A, and Rules 4.7(3), permits secured with ah
<br />Irrevocable Letter of Credit, the operator shall have the bank provide documentation in the'form
<br />of a balance sheet, certified by a Certitied Public Accountant, demonstrating that the Letter of
<br />Credit does not exceed ten percent (10%o) 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 all pledged fixtures and equipment.
<br />(b) Per the requirements of 2 CCR 407-1, 407-4, and Rules I.15(1)(c), all monitoring information
<br />required as part of the approved permit application, to include the Environmental Protection Plan. (Please
<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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