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ANNUAL REPORT.
<br />INSTRUCTIONS
<br />According to C.R.S. 34-33-I 16(3), and C.R.S. 34-32.5-I 16(3)(a), on the anniversary date of the permit each vear.
<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 year, new distunances that are anticipated to occur
<br />during the upcoming year, and reclamation [hat will be performed during thy: upcoming year. Please attach such
<br />a report and map to enclosed annual repon form. (An adequately labeled map that clearly delineates and includes
<br />the above elements may;uffice~far~ewritten report.)
<br />r .
<br />If your operation is subject to she provisions of Temporary Czssation as dzfined in the Act and Rules, you mus[
<br />provide with the Annual Report the following information as required by 2 CCR 407-1, 407-4, and Ruhs
<br />1.13.7(i)(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, performance
<br />standards and Environmental Protection Plan requirements, if [hey are part ~~f your approved application; and
<br />(iii) plans for resumption of mining operations.
<br />Please provide the addi[ional following information with your Annual Repert, 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 1.1>(I)(a), provide an updated
<br />staterrfen[ regarding the sufficiency of the value of the financial warranty. Specifically,
<br />irrevocable letters of credit, Deeds of Trust, and security a~Teements, self-insurance, salvage
<br />credit, and firs[ priority liens on project related fixtures.
<br />(ii) Per 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 ~ialue, 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 instruments. The repon shall also provide
<br />_ __ _ _ _-____ - _ proof that there are no_past-due property taxes. -- - - - - - - - _ -
<br />(i) 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, demonstrating tha[ [he Le[[er of
<br />Credit does not exceed ten percent (10%) of the bank's capital surplus accounts.
<br />(ii) 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 sufficien[
<br />detail to fully describe the condition, value, and location of all pledged fixtures and egcipment.
<br />(b) Per the requirements of 2 CCR 407-1.407-4, and Rules 1.15(I)(c), all monitoring infot~rration
<br />required as part of the approved permit application, to include the Environmental Protection Pl:tn. (Please
<br />note that if you are not a Designa[ed Mining Operation, you will ncrt have an Environmental Protection
<br />Plan as pan of your approved permit.)
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