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<br />ANNUAL REPORT
<br />INSTRUCTIONS
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<br />According to C..R.S. 34-33-I 16(3), and C.R.S. 34-325-1 l6(3)(a), on [he anniversmy 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 yea, new disturbances that are anticipated to occur
<br />during [he upcoming year, and reclamation that will be performed during the upconung yea. Please attach such
<br />a report and map to enclosed annual report form. (An adequately labeled map that clealy dzlin?arcs 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 [ollowing information as required by '_ 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 standards and Environmental Protection Plan requirements, if they are pazt 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(11, provide an updated statement
<br />regazdine the sufficiency of [he 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 />statement regazding the sufficiency of [he value of the financial wan-anty. Specifically,
<br />irrevocable letters of credit, Deeds of Trust, and security agreements, self-insurance, salva;e
<br />credit, and first priority liens on project related fixtures.
<br />(ii) Per the requirements of 2 CCR 407-1, 407-1, and Rules 1.1~(1)(b), permits secured with a
<br />Deed of Trust or a Security Agreement, the operator shall submit an update, by a yua]ified
<br />independent appraiser, indicating any changes in property value, anti a statement summarizins
<br />any circumstances which may affect the adequacy of the Deed of 7-rust, or Security Agreement,
<br />and the value of the property subject to either of these instruments.
<br />The repon shall also provide proof that there are no past-due propterty taxes.
<br />(iii) Per the requirements of 2 CCR 407-1, 407, and Rules 4.713), 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 Cettified Public Accountant, demonsvatine that the
<br />Letter of Credit does not exceed ten percent (10%) of the bank's capita] surplus accounts.
<br />(vi) Per the requirements of 2 CCR 407-1, 407-4, and Rules -1.9.3(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 equipment.
<br />(b) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.1~(1)(c), all monitoring information
<br />required as part of the approved permit application, to include [hz Environmental Protection Plan.
<br />iPlease note that if you ae not a Designated i`]inine Operation, you will not have an Environmental
<br />Protection Plan as pan of your approved permit.)
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