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<br />ANNUAL REPORT
<br />INSTRUCTIONS,
<br />According to C.R.S. 34-32-1 16(3), and C.R.S. 34-32.5-I l6(3)(a), on the anniversary date of the permit each year,
<br />the operator shall submit a report a d a map showing the extent of current disturbances [o affected land,
<br />reclamation accomplished to date a ~ during the preceding year, new ~iisturbttnces that are anticipated to occur
<br />during the upcoming year, and recl r~tation that will be performed during the upcoming year. Please attach such
<br />a report and map to enclosed annua. ~epott form, (An adequately labeled map that clearly delineates and includes
<br />the above elements may suffice for written report.)
<br />If your operation is subject to the pi visions of Temporary Cessation as defined in [he 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) the condition of [he opo~ration at the time of cessation; ~
<br />(ii) what specific measures 'ave been and will be implemented to comply with reclamation, performance
<br />standards and Environmental Protec ion Plan requirements, if they are part of your approved application; and
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<br />(iii) plans for resumption of mining operations.
<br />Please provide the additional follow rig information with your Annual Report, as applicable: I '
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<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 ~e value of the Financial Warranty, specifically: ~
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<br />(i) Per the require Ints of 2 CCR 407-1, 407, and Rules 1.15(1)(a), provide an tipda[ed
<br />statement regarding e sufficiency of the value of the financial warranty. Specifically,
<br />irrevocable letters o credit, Deeds of Trust, and security agreements, self-insurance; salvage
<br />credit, and first prio y liens on project related fixtures. ~
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<br />(ii) Per the require ents of 2 CCR 407-1, 407-4, and Rules 1.15(1)(b), permits secured with a
<br />- Deed of Trust or a S cunty Agreement, the operator shall submit an update, by a qualified
<br />independent apprais r, indicating any changes in property value, and a statement summarizing
<br />any circumstances ich may affect the adequacy of the Deed of Trust, or Security agreement,
<br />' - -'°`a`nd-the value of the ibpehy so6ject fo eithe'r of these iristruments.-TTie'reporfshall `also provide
<br />proof that there are i past-due property taxes. it
<br />(i) Per the requirem nts 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, c rtified by a Certified Public Accountant, demonstrating that the Letter of
<br />Credit does not exce d ten percent (]0%) of the bank's capital surplus accounts. i
<br />(ii) Per the requirem ~ is of 2 CCR 407-1, 407-4, and Rules 4.9.3(c), permits secured by a First
<br />Priority Lien on any tztures and Equipment, the operator shall provide a report in sufficient .
<br />detail to fully desctib the condition, value, and location of all pledged fixtures and equipment.
<br />(h) Per the requirements of 2 CR 407-1, 407-4, and Rules 1.15(1)(c), all monitoring information
<br />required as part of the approv d permit application, to include the Environmental Protection Plan. (Please
<br />note that if you are not a Desi ~ ated Mining Operation, you will not have an Environmental Protection
<br />Plan as part of your approved permit.) i
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