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<br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 8663567 <br />FAX: (303) 832-8106 <br />January 3, 2006 <br />Valco, Inc. <br />P.O. Box 550 <br />Rocky Ford, CO 81067 <br />due nN (1R RRF(1RF. your permit anniversary date shown below. <br />Under the terms of your Reclamation Permit and Colorado Statutes, you must submit Annual Fees and Annual <br />Reports. You must pay the Annual Fee and submit an Annual Report each year until reclamation responsibility <br />release is granted. The Annual Fee is not a renewal fee. The fee and the report aze for T.AST YF.ARR mining and <br />reclamation season, and MAST be received even if your operation was in an inactive state. The fee and report are <br />If you have requested reclamation responsibility release from the Division of Minerals and Geology (the <br />"Division") but your permit is not released by your anniversary date listed below, the annual fee MTTST be paid. If <br />the permit is released before the anniversary date, then by Statute, you do not pay an annual fee or submit an <br />annual report for that year. <br />PT.F.ASF. NOTE.: IF THE ANNUAL FEE, ANNUAL REPORT, AND A MAP ARE NOT RECEIVED nN nR <br />RF.FnRF. YOUR ANNIVERSARY DATE, A FnRMAT NDTTCF nF VTOi ATT(1N AND A ROARD nRDFR TD <br />PAY CTVTT. PRNAT.TTF.C IN THE AMOUNT EQUAL TO THE ANNUAL FEE $ 688.00 WILL BE <br />AT1TnMATTCAT T Y ASSESSED. NO PERMITS FOR NEW MINING OPERATIONS SHALL BE GRANTED <br />TO ANY OPERATOR WHO IS CURRENTLY FOUND TO BE IN VIOLATION IN THIS STATE (C.R.S. 34- <br />32.5=120 OR C.R.S. 34-32=120) UNTIL THE VIOLATIONIS AB?LTED: <br />Division records indicate $ 688.00 fee is due <br />Permit No.: M-1977-560 <br />Operation Name: Rocky Ford East Pit <br />Anniversary Date: February 22, 2006 <br />Total Fee Due: $688.00 (Due on or before your Anniversary Date) <br />If your records indicate different facts than those stated above please notify the Division. <br />Please return the enclosed annual report FnRM, a MAP, and a CHECK or MDNFY WADER made payable to the <br />Division of Minerals and Geology, 1313 Sherman St., Room 215, Denver, Colorado 80203. <br />MTNFD I.AN~('i.q,j~],4TTnN Rn~A I2 <br />110c ANNTiAT. FF.F. INVnTCF. AND RF.PnRT RF.nTiF.ST <br />COLORADO <br />DIVISION O F <br />MINERALS <br />GEOLOGY <br />IE CLANATION•NINING <br />EAFETY•ECIENCE <br />ei8 OW2nE <br />Governor <br />Russell George <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />Thank you for your cooperation in this matter. If you have any questions, please feel free to contact Jim Dupler at <br />(303) 866-6277. <br />Office of <br />Mined land Reclamation <br />Office of <br />Active and Inactive Mines <br />Colorado <br />Geological Survey <br />