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<br />ANNUAL REPORT
<br />INSTRUCTIONS '
<br />According to C.R.S. 34-32-116(3). and C.R.S. 34-33.5-I 16(3)(x), on the anniversary date of the permit each yzar,
<br />the operator shall submit a~report and a mup showing the extent of current disturbances to affected land.
<br />reclamation accomplished to date and Burin, [he preceding year, new disturbances' that are anticipated to occur
<br />during the upcoming year, and reclamation that will be performed durine the upcoming year. Please attach such
<br />a report a~ d,map to enclosed annual report form. (An adequately labeled map that clearly delineates and includes
<br />the abo {e 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 Artnual Report the followine information as required by 2 CCR 407-1.407-4, and Rules
<br />1.13.7(1)(x): ~~
<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, performance
<br />standards and Environmental Protection Plan requirements, if they are part 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-I, 407-4, and Rules 1. ] 5(1), 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)(x), 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 fixmres.
<br />(ii) Per the requirements of 2 CCR 407-I, 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, 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 />an-3-the~ue ofihe property sub3ect"fo either of these Instruments. -Tlie report shall"also provide "
<br />proof that there are no past-due property taxes.
<br />(i) Per the requirements of 2 CCR 407-1, 407-4, and Rules 4.7(3), permits secured with an
<br />L revocable Letter of Credit, [he operator shall have the bank provide documentation in the Form
<br />of a balance sheet, certified by a Certified Public Accountant, demonstrating that the Letter of
<br />Credit does no[ exceed ten percent (1090) of the bank's capital surplus accounts.
<br />(ii) Per the 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. ] 5(1)(c), all monitoring information
<br />required as part of the approved permit application, [o include the Environmental Protection Plan. (Please
<br />note that if you are not a Designated Mining Operation, you will not have an Environmental Protection
<br />Plan as part of your approved permit.)
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