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<br />ANNUAL REPORT
<br />INSTRUCTIONS
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<br />According to C.R.S. 34-32-116(3), ar.d C.R.S. 34-32.5-116(3)(a), on the anniversary date of the permit each yeaz,
<br />the operator shall submit a repo~Z and a map showing the 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 />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. (An adequately labeled map that cleat-ty 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 the following information as required by 2 CCR 407-1, 407-4, and Rules
<br />(1) the condition of the operation at the time of cessation;
<br />(ii) what specific measures have been and will be implemented to compiy with reclamation, _
<br />performance standazds and Environmental Protection Plan requirements, if they aze part of your
<br />approved application; artd
<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 requirements. of 2 CCR 407-1, 407, and Rules I.15(1), provide an updated statement
<br />regazding the sufficienc}~ of the value of the Financial Warranty, specifically:
<br />(I) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(])(a), provide an updated
<br />statement regazding 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 fiat priority liens on project related fixtures.
<br />(ii) Per the requirements of 2 CCR 407-1, 407, and Rules I.15(1)(b), permits secured with a
<br />Deed of Trust or a Security Agreement, the operator shall submit an upda[e, 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 Agreemen[,
<br />and the value of the property subject to either of these inswmenu.
<br />The report shall also provide proof that there are no past~ue property taxes.
<br />-- - - - - - --(iii) Pei• the requirements of 2 CCR 407-1, 407, 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, cenified by a Certified Public Accountant, demonstrating that the
<br />Letter of Credit does not exceed ten 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 arty fixtures and Equipment, the operator shall provide a report in sufficien[
<br />detail to fully describe the condition, value, and location of all pledged fixtures
<br />and equipment.
<br />(b) Per the requirements .if 2 CCR 407-1, 407-4, and Rules 1.15(1)(c), all monitoring information
<br />required as par[ of the cep.?roved permit application, [o include the Environmental Protection Plan.
<br />(Please note that if you are not a'Designaced Mining Operation, you will not have an Environmental
<br />Protection Plan as part of your approved permit.)
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