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AI~INI~A`L F~EP~~2T •
<br />PNST.R[IGT~pNS ,
<br />According to C.R.S. 34-32-I 16(3), and C.R.S. 34-32.5-I 16(3)ia), 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 />reclamauon accomplished to dale and during the preceding year, new disturbances that are anticipated to occur
<br />during the upcoming year, and reclamation that will be performed durin~~ 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 Temporary 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-I, 407-4, and Rules
<br />1.13.7(1)(a):
<br />(i) [he condition of the operation a[ the time of cessation;
<br />-- - - (ii) what specific measures Bove bezn and will be implemeh[ed to comply with reclamation, performance
<br />standards and Environmental Protection Plan requirements, if they are pan of your 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 1.150), provide an updated statement
<br />regarding the sufficiency of the value of the Financial Warranty, specifically:
<br />(i) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(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 first priority liens on project related fixtures.
<br />(ii) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(b), permits secured with a
<br />Deed of Trust or a Security Agreement, the operator shall submit an update, b}' 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 properly subject to either of these instruments. The report shall also provide
<br />_ _ _ ,proof that there are no oast-due_property_ta_xes. _ . _.. _ __ _ _ ._. ~..-_~ ~_~ -
<br />(i) Per the requirements of 2 CCR 407-1, 407-4, and Rules 4.7(3), 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, demonstrating that the Letter of
<br />Credit does not exceed ten percent (1090) of the bank's capital surplus accounts.
<br />(ii) Per [he requirements of 2 CCR 407-1.407-4, 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-I, 407-4, and Rules 1.15(1)(c), all monitoring information
<br />required as part of [he approved permit application, to include the Environmental Protection Plan. fPleas'e
<br />note that if you are not a Designated Mining Operation, you will not have an Environmental Protection
<br />Plan as pan of your approved permit.)
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