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<br />ANNUAL REPORT
<br />INSTRUCTIONS
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<br />According to C.R.S. 34-32-116(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 to date and during the preceding yeaz, new disturbances that aze 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 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 the following information as required by 2 CCR 407-1, 407-4, and Rules
<br />1.13.7(1)(a):
<br />(I) the condition of the operation at the time of cessation;
<br />(ii) wha[ specific measures have been'and will be implemented to comply with reclamation,
<br />performance standards and Environmental Protection Plan requirements, if they are part of your
<br />approved application; and
<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, 407-4, and Rules 1.15(1), provide an updated statement
<br />regarding the sufficiency of the value of the Financial Warranty, specifically:
<br />(I) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(a), provide. an updated
<br />statement 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) Per the requirt;ments of 2 CCR 407-1, 407-4, and Rules 1.15(1)(b), permits secured with a
<br />Deed of Trust or tt Security Agreement, the operator shall submit an update, by a qualified
<br />• ~ ~ independent appraiser, indicating any chang~$ ~gpfQpetty •valtie, and. statement summarizing
<br />any ci~cum3rances which may affect the adequacy of the Deed of Trust, or Security Agreement,
<br />•' :: antl'~e value 'the property subject to either of these 4tfstnim~nts. ; ~:. r°
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<br />The report shall also provide proof that there are no~ast~ug property taxes., '
<br />(iii) Per 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, certified 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 any fixtures and Equipment, the operator shall provide a report in sufficient
<br />detail to fully describe the condition, value, and location of all pledged fixtures
<br />and equipmen[.
<br />(b) Per the requirements of 2.C,CR g07-I, 407-4, and Rules 1.15(1)(c), all monitoring information
<br />required as part df.the approved permit application?tb7nclude the~hnJironmental ProtectibnPlan.
<br />(Please note that if you are not a Designated Mining Operation, you will not have an Environmental
<br />Protection Plan as part of your approved permit.)
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