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C
<br />ANNUAIL REPORT
<br />INSTRUCTIONS
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<br />According to C.R.~S. 34-32-[I +1~6(3), and C.R.S. 34-32.5-116(3)(a), on the atmiverstuy date of the permit each year,
<br />thetope atork h II Cub7ti~report and a map showing tht; extent of current disturbances to affected land,
<br />rec''atnation aq omplie(ted fo date and during the preceding year, new disturbances that are anticipated to occur
<br />durittgtha rt~hgy~uar, a~reclamation Chat will be I:~erfomted during the 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 suffice for a written repon.)
<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 Repon the following information as required by 2 CCR 407-I, 407-4, and Rules
<br />I.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 b2 implemented [o~cornply with reclamation, ~.
<br />performance standards and Environnten[al Protection Plan requirements, if [hey 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 o(2 CCR 407-1, 407-4, and Rules I.IS(I), provide an updated statement
<br />regarding the sufficiency of the value of the Financial Wartanq~, specifically:
<br />(i) Per the requirements of 2 CCR 407-I, 407-4, and Rules LIS(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 firs[ priority liens on project related fixtures.
<br />(ii) Per the requirements of Z CCR 407-I, 407-4, and Rules LIS(I)(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 value, and a statement summarizing
<br />any circumstances which may affect the adequacy of the Deed of Trust, or Security Agreement,
<br />and the value of the property subject to either of these instruments. The report shall also provide
<br />proof that there are no past-due property taxes.
<br />(iii) Per [he requirements of 2 CCR 407-I, 407-4, and Rules 4.7(3), permits secured with an
<br />Irrevocable Letter of Credit, the operator shall have the bank provide docurnen[a[ion 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°,'aj of the bank's capital surplus accounts.
<br />(iv) Per [he requirements of 2 CCR 407-I, 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 and equipment.
<br />(b) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(c), all monitoring information
<br />required as part of the approved permit application.. [o include Environmental Protection Plan.
<br />(Please note [hat if you are not a Designated Mining Operation, you will not have an Environnten[al
<br />Protection Plan as part of your approved permit.)
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