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__ . ~ ~ ANNUAL REPORT:
<br />INSTRUCTIONS
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<br />.-yccording to C.R.S. 3.1-i7-I 16(31, and C.R.S. 3-1-3'_.~-I 16[3pa), on the anniversary date of the permit each ye;tr,
<br />[he operator shall submn a report and a map showing the extent of wrrent disturbances to affected land.
<br />reclamation azcomplished to date and during the preceding year. new disturbances that are anticipated to occur
<br />during the upcoming year, and reclamation that will bz performed durinu the upcoming year. Please attach such
<br />a report and map to enclosed annual report form. (An adeyua[zly labeled map that clearly delineates and includes
<br />the above elements may suffice for a written rzport.l
<br />If your operation is subject to the provision. of Temporary Cessation as defined in the Act and Rules, you must
<br />provide with the Annual Report the following infornation as required by 2 CCR -107-1, -107--i, and Rules
<br />I.13.7(I)(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 comply with reclamation. performance
<br />standards and Environmental Protection Plan requirements, if they are pan 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 the regwrements of 2 CCR 407-1, «07-4, and Rules I.l ~(t ). provide an updated statement
<br />regarding the sufficiency of the value of the Financial Warranty, specifically:
<br />(i) Per [he requirements of 2 CCR •f07-I, 407-4, and Rules l.li(l)(a), provide an updated
<br />statement regardin, the sufficiency of the value of thz 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.
<br />(ii) Per [he requirements of 2 CCR 407-1, 407-4, and Rules I. I i(1)(b), permits secured with a
<br />Deed 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 />any circumstances which may affect the adequacy of the Deed of Trust, or Security agreement.
<br />and the value of the property subject to either of these instmments. The report shall also provide
<br />proof that there are no past-due properly taxes.
<br />(i) Per the requirements of 2 CCR =107-1, -}07-4, and Rules 4.7(3 j, permits secured with an
<br />Irrevocable Letter of Credit, the operaror 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 nut exceed ten percent (10~'c) of the hank's capital surplus accounts.
<br />(ii) Per the requirements of 2 CCR :107-I, 407-4, and Rules 4.9.3(c), permits secured by a Firs'[
<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. L(I)(c), all monitorim; 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 Minin, Operation, you will not have an Environmental Protection
<br />Plan as part of your approved permit.)
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