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~, - <br />~ { ANNUAL REPORT <br />INSTRUCTIONS <br />According to C.R.S. 34-3?-1 l6(3), and C.R.S. 34-32.5-116(3)(a), on the anniversary date of the permit each year. <br />the operator shall submit a report and a map showing the extent of current disturbances to affected land, <br />reclamation accomplished [o date and during the preceding year, ne~v disturbances that aze anticipated [o occur <br />during the upcoming year, and reclamation that will be performed during the upcoming year. Please attach such <br />a report and map to enclosed annual report form. (.4n 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 [he following information as required by 2 CCR 407-1, =107-4, and Rules <br />1.13.7(1)(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, <br />performance standazds and Environmental Protection Plan requirements, if they aze pan of your <br />approved application; and <br />{iii) plans for resumption of mining operations. <br />Please provide the additional following information with your Annual Repoli, as applicable: <br />{a) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1), provide an updated statement <br />regazding the sufficiency of the value of the Financial Warranty, :pe~ifically: <br />(I) Per the requirements o£2 CCR 407-1, 407-4, and Rules 1.15(])(a), provide an updated <br />statement re~azding 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) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(I)(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 inswments. <br />The report shall also provide proof that there aze no past-due properly taxes. <br />(iii) Per 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, demonstratins that the <br />Le[[er of Credit does not exceed [en percent (10%) of the bank's capital surplus accounts. <br />(vi) 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 pledsed fixtures <br />and equipment. <br />(b) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(I)(c), a]] monitoring information <br />required as pan of the approved permit application, to i.^.clude the Environmental Protection Plan. <br />(Please note that if you are not a Designated ivtining Operation, you will no[ have an Environmental <br />Protection Plan as part of your approved permit.) <br />