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<br />ANNUAL REPORT
<br />INSTRUCTIONS
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<br />According to C.R.S. 34-32-I 16(3), and C.R.S. 34-32.E-I 16(3)(x), on the anniversary date of the permit each year,
<br />the operator shall submit a report and a map showing [he extent of current disturbances to affected land,
<br />reclamation accomplished to date and during the preceding year, new disturbances that are anticipated to occur
<br />durine the upcoming year, and reclamation that will.be Rerformed Burins the upcoming year. Please attach su~:h
<br />a report 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 .4ct and Rules, you mu~.t
<br />provide with the Annual Repon the following information as required by 2 CCR 407-I. 407-4, and Rules
<br />1.13.7(I)(a):
<br />(i) the condition of [he 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 [hey 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 Repon, as applicable: _'
<br />(a) Per [he requirements of 2 CCR 407-1, 407-4, and Rules I.IS(1), provide an updated statement
<br />regarding the sufficiency of the value of the Financial Warranty, specifically:
<br />(i) F'er the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(a), provide an updated
<br />stateinen[ 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.
<br />(ii) F'er the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(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 fo`eiihe~ of these instruments. Tfie report shall also provide
<br />proofthat there are no pas[-due property taxes.
<br />(i) F'er the requirements of 2 CCR 407-1, 407-4, and Rules 4.7(3), permits secured with an
<br />Irrevocable 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 [hat the Letter of
<br />Credit does not exceed ten percent (109c) of the bank's capital surplus accounts.
<br />(ii) F'er the requirements of 2 CCR 407-I, 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 [he condition, value, and location of all pledged fixtures and equipment.
<br />(b) Per the requirements of 2 CCR 407-1, 407-4. and Rules 1.15(I)(c), all monitoring information
<br />required as prat of the approved permit application, to include the Environmental Protection Plan. (Please
<br />note [hat if yc>u are not a Designated Mining Operation, you will not have an Environmental Protection
<br />Plan as pan of your approved permit.)
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