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i ANNUAL REPORT •
<br />r(. -,- INSTRUCTIONS
<br />^'~ r•
<br />According to'C.R.S; 3d-32-I 16(3), and C.R.S. 34-325-116(3)(x), on the anniversary [fate 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 />reclamation accomplished to date and during the preceding year, new disturbances [hat are anticipated to occur
<br />during 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 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 />L 13.7 (1)(a):
<br />(i) the condition of the operation at the time of cessation;
<br />(ii) what speci:'ic 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 407-1, 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)(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 fixtures.
<br />(ii) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(l)(b), permits secured with a
<br />Deed ol.' 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. The 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 />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 Letter of
<br />Credit does not exceed ten percent (10%o) of the bank's capital surplus accounu.
<br />(ii) Per the 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 Rrlly describe the condition, value, and location of all pledged fixtures and equipment.
<br />(b) Per the requirements of 2 CCR 407-3, 407-4, and Rules 1.15(1)(c), all monitoring information
<br />required as part of the approved permit application, to include the Environmental Protection Plan. (Please
<br />note that i(you :tie no[ a Designated Mining Operation, you will not have an Environmental Protection
<br />Plan as part of your approved permit.)
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