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~. <br />ANNUAL REPORT <br />INSTRUCTIONS <br />Accordin, to C.R.S. 34-33-I 1 Gi 3), and C R.S. 34-33.5-I 16(3)(x), on the anniversary date of the permit each year, <br />the operator shall submit a report and a map showing [he extent of current disturbances to affected land, <br />reclamation accomplished to date and during the preceding year, new disturbances that are anticipated in occur <br />durine 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 lar 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 [he Annual Report the following information as required by 2 CCR 407-1, 407-4, and Rules <br />I .l 3.7(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 ;tnd Environmental Protection Platt requirements, if they 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 applit:able: <br />(a) Per the requirements of '' CCR 407-I. 407-4, and Rules 1.15(1), provide an updated statement <br />regarding the sufficiency of the value of the Financial Warrant}', 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 an project related fixtures. <br />(ii) Per the requirements o(3 CCR 407-1, 407-4, and Rules 1.15(1)(b), permits secured with a <br />Deep 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 t ircumstances 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. <br />The report sha!I also pro"ide proof that there are no past-due property taxes. <br />(iii) Per the requirements of 2 CCR 407-1, 407-4, and Rules 4.7(3), permits secured with an <br />Irrevocable Leuer of Credit, the operator shall have the bank provide documentation in the form <br />of a balance sheet, certified by a Certified Public Accountant, demonstrating [hat the <br />Leuer of Credit does not exceed ten percent (10%) of the bank's capital surplus accounts. <br />(vil Per the requirements of 3CCR -107-I. -107-d, and Rules 4.9.;(c), permits secured by a First <br />Priority Lien un arty lxtures and Eiluipmen[, the operator shall provide a report in sufficient <br />detail to lolly describe the condition, value, and location of all pled~~ed fixtures <br />and cyuipmcnl. <br />(h) Per the re:µtiremen[s of 3 CCR 407-I, 407-4, and Rules I.15(1)(c), all monitoring information <br />regmred as pan of the ;ymproved permit application, to include the Environmental Protection Plan. <br />(Please note that tf you are not a Designated Mining Opcmtion, you will not have an Environmental <br />Protection Pl:m as pan of your approved permit.) <br />