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<br />ANNUAL REPORT
<br />INSTRUCTIONS
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<br />According to C.R.S. 34-32-116(3), and C.R.S- 34-32.5-116(3)(a), on tht: anniversary date of the permit each year,
<br />the operator shall sut~mit a report and a map showing the extent of current disturbances to affected land,
<br />reclamation accomplished to date and during the preceding year, new di:>turbances that are anticipated to occur
<br />during the upcoming year, and reclamation that will be performed Burin; the upcoming year. Please attach such
<br />a report and map to enclosed annual report form. (An adequately labeled map that cleazly delineates and inclucles
<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 [he Act and Rules, you must
<br />provide with the Annual Report the following information as required by 2 CCR 407-1, 407, and Rules
<br />1.13.7(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 and Environmental Protection Plan requirements, if they are part of your
<br />approved application; and
<br />(iii) plans for resumption of mining operations.
<br />Please provide the aclditiona] following information with your Annual Report, as applicable:
<br />(a) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(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)(a), provide an updated
<br />statement regarding the sufficiency of the value of the financial warranty. Specifically,
<br />itrevocable letters of credit, Deeds of Tmst, and security agreements, self-insurance, salvage
<br />credit, and first priority liens on project [elated fixtures.
<br />(ii)1?er 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, 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.
<br />The report shall also provide proof that there are no past~ue property taxes.
<br />- - (iii) Per tite 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 Certified Public Accountant, demonstrating that the
<br />Letter of Credit does not exceed ten percent (10%) of the bank's capital surplus accounts.
<br />(vi) Per the requirements of 2 CCR 407-1, 407, and Rules 4.9.3(c), permits secured by a First
<br />Priority Lien on any fixmres and Equipment, the operator shall provide a repot in sufficient
<br />detail to fully describe the condition, value, and location of all pledged fixtures
<br />and equipment.
<br />(b) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.1~(1)(c), all monitoring information
<br />required as part of the approved permit application, to include the Environmental Protection Plan.
<br />(Please note that if you aze not a Designated Mining Operation, you will not have an Environmental
<br />Protection Plan as part of your approved permit.)
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