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Katalin Church <br />October 10, 2002 <br />Ms. Thomas Hendricks <br />Director/General Manager <br />Calais Resources Colorado, Inc. <br />P.O. Box 653 <br />Nederland, CO 80466 <br />Marsh USA Inc. <br />1225 17th Street Suite 2100 <br />Denver, CO 80202 <br />303 308 4601 Fax: 303 308 490(1 <br />Katal i aCh arch@marsh. co m <br />Subject: Travelers Casualty and Surety Company of America <br />Surety Program <br />Dear Thomas, <br />MARS H <br />An MAIC Company <br />RECEIVED <br />NOV 0 5 2002 <br />Division of Minerals and Geology <br />Please find enclosed our Invoice No: 165160 in the amount of $193.00 reflecting the annual <br />renewal premium for the Mined Land Reclamation Bond, Bond No. for the <br />December 23, 2002 to December 23, 2003 policy term. This bond was issued to the State of <br />Colorado. Division of Minerals & Geology, in the amount of $15,400.00 with Calais Resources <br />Colorado, Inc. listed as the Principal. <br />We are pleased to be of service to you in this matter. If you have any questions, please do not <br />hesitate to call. <br />Sincerely, <br />~ • ~""~ <br />Katalin Church <br />Insurance Assistant <br />Surety Department <br />cc: Richard Early <br />C9.e P~.4 <br />~IOa-~ <br />~ Iq3 °o <br />(b'23--~ 2 <br />T~4- <br />m, c.n_ ga,,~( <br />`~«,,.~ . <br />