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<br />ANNUAL REPORT
<br />INSTRUCTIONS
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<br />According to C.R.S.:i4-32-116(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 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 clearly delineates and includes
<br />the above elements may suffice for a written report.)
<br />If your operation is subject to the provisions of Tempqrary 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) what specific measures have been and will be implemented to comply with reclamation,
<br />performance standazds and Environmental Protection Plan requirements, if they are part of your
<br />approved application; and
<br />(iii) plan: for resumption of mining operations.
<br />Please provide the additional following information with your Annual Report, as applicable:
<br />(a) Per dte requirements of 2 CCR 407-1, 407-4, and Rules 1.15 1) prod e~rt~statement
<br />regardint; the. sufficiency of the value of the Financial Warra'e~~§ ~WW
<br />(I) Per the requirements of 2 CCR 407-1, 407-4, and R~ ~}~I~[q],!an updated
<br />statement regarding the sufficiency of the value of the fiif> w'aii~pecifically,
<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) F'er the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(b), permits secured with a
<br />I)eetl 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 />Amy circumstances which may affect the adequacy of the Deed of Trust, or Security Agreement,
<br />autd the value of the property subject to either of these instruments.
<br />'fhe report shall also provide proof that there aze no past-due property taxes.
<br />(iii) Per the requirements of 2 CCR 407-1, 407, and Rules 4.7(31. permits secured with :m
<br />]rrevocable Letter of Credit, the operator shall have the bank provide documentation in the form
<br />of a balance sheet, certified by a Cettified Public Accountant, demonstrnting that the
<br />]_ettr;r of Credit does not exceed ten percent (10%) of the bank's capital surplus accounts.
<br />1 vi) Per the requirements of 2 CCR 407-1, 407, and Rules 4.9.3(c), permits secured by a First
<br />]'riori[y Lien on any fixmres 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 />;md :quipment.
<br />(b) Per die requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(c), all monitoring information
<br />required as pan of the approved permit application, to include [he Environmental Protection Plan.
<br />(Please note that if you are not a Designated Irtining Opeation, you will not have an Environmental
<br />Protection Plan as part of your approved petlnit.)
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