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CO R CORPORATION • <br /> 28151 DD Road <br /> 700 <br /> Western Slope Operations P.O. Box 347 <br /> • P P Phone (970) 864-7347 <br /> Nucla, CO 81424-0700 Fax (970) 864-7287 <br /> January 18, 1999 <br /> Division of Minerals and Geology <br /> Attn: Petrina Morgan <br /> 1313 Sherman Street, Room 215 <br /> Denver, CO 80203 <br /> Subject: Ike #1 Mine Annual Report <br /> File No. M-77-451 <br /> Dear Ms. Morgan: <br /> The Ike No. I Mine is located in San Miguel County and operates under a 112 permit, with a <br /> permitted acreage of 11.3 acres. This mine has a phased reclamation plan. There were no additional <br /> acres affected during this report year, and no additional disturbance is anticipated for the next report <br /> year. <br /> A new map is not included, as no changes have occurred since the last annual report. This mine <br /> operates as an intermittent operation, per the Division's approval. <br /> Cotter Corporation has reviewed the sufficiency of the Financial Warranty for Permit No. M-77-451, <br /> Ike No. 1 mine, and has determined that the current bond value of$18,870, held under Bond No. <br /> U2155967 of the State of Colorado, is sufficient to cover all DMG related reclamation costs. <br /> Enclosed please find a check in the amount of$550.00 as payment of the annual fee. <br /> If you need additional information, please call me at 970-864-7347. <br /> Sincerely, <br /> COT CORPO T1ON <br /> O� rr.Yap <br /> Dave Diss <br /> Environmental Tech II <br /> Enclosures <br /> DD/tlt <br /> dmgikel.dd <br /> cc: Donna Dyer <br />