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time. To locate Exh. R for ORION PIT, Z suggest you look in the <br />MARS PIT application file, Application #M-94-089. <br />Since we have complied with all requirements, we demand that you <br />promptly issue Permit #M-94-115 [ORION PIT]. Given that you have <br />returned the Financial warranty in the amount of $20,000 (i.e, l0 <br />acres of affected land times $2,000 per acre), we must assume you <br />are waiving the Financial Warranty requirement. See Mineral Rules <br />and Regulations 1.4.11(3) and 4.1(a). If you do not issue Permit <br />#M-94-115, we will consider the appropriate legal proceedings to <br />have this permit issued. <br />Regardless of any future legal proceedings, you cannot consider <br />Application #M-97-020 for a Reclamation Permit on T35N, R14W, <br />Montezuma County, Colorado by Nielsons Inc. [YOUNG GRAVEL SOURCE] <br />because the pending Application nM-94-115 [ORZGN PIT] contains all <br />of the acreage of the XOUNG GRAVEL SOURCE. <br />S incere~ly, <br />C~'~~'~^'~ /'/y/ <br />Charles G. iK nne <br />CGK/rr <br />Enclosures <br />cc: Client <br />Co-Counsel <br />00138 <br />