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<br />ANNUAL REPORT <br />INSTRUCTIONS <br /> <br />Accordine to C.R..S. 34-3'_-1 1613), and C.R.S. 34-;2S-I 16(3)(at, en the annnersary date of the pznnn each vear. <br />the operator shall submit a report and a map showing [he extent of cutnn[ disturbances to affected land. <br />reclamation actx~mpliahzd to date :md during the preceding year. new disturbances that are anticipated to occur <br />during drz upcoming year, and reclamation that +vill be performed during the upcoming veor. Please attach such <br />a report and map to enclosed annual report Fomt. (An adeymuzly labeled map that clearly delineatzs and includes <br />the above elements may suffice fora +vritten report. ) <br />If your opera[iat is subject to the provisions of Temporary Cessation us defined in the Act and Rules. you must <br />provide with the Annual Report (he following information as required by 2CCR 407-I. -307--{, and Rules <br />1.13.7(1)(a): <br />(i) thz condition of the operation at thz time of cessation: <br />(ii) what specific measures have bzen and will be implemented to comply with reclamation, performance <br />standards and Em~ironmental Protection Plan reyuirements, 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) Pzr the requirements of 2CCR 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 2CCR -107-I, =107-4, anJ Rules I.I i(I)(a), provide an updated <br />statement regarding the sufficiency of [hz value of the financial warranty. Specifically, <br />irrzvocablz letters of credit, Deeds of Trust, and szcurity agreements, self-insurance, salvage <br />credit, and first priori n• liens on projezt related fixtures. <br />(ia) Per the requirements of 2CCR 407-t, -107-~1, and Rules 1.15(I)(b), permits' secured with a <br />Deed of Trust or a Security Agreement, [he operator shall submit an update, by a qualifizd <br />independent appraiser, indicating any changes in property valuz, and a statement summarizing <br />__ _ _ arty circumstances. ++hich may affcct :he adequacv_of.the Deed of Trust,.ocSecurity-agreement- - <br />and the value of the property subject to either of these instrumznts. The report shall also provide <br />proof that there ;tre no past-dui properly taxes. <br />(i) Per the reyuiremenU of 2CCR 407-I. -107-4, and Rules 4.7(3), permits secured with an <br />Inevocable Litter of Credit, the operator shall have the bank provide documentation in the form <br />of a balance sheet, certified by a Cznified Public Accountant, demonstrative that the Letter of <br />Credit does not exceed ten percent (109c) of the bank's capital surplus accounts. <br />(ii) Per the reyuirements of 2CCR 407- I . -407-4, and Rules 4.9.3(c), permits secured by a First <br />Priority Linn on any fixtures and Equipment, the operator shall provide a report in sufficient <br />detail to fulh describe the condition, value, and location of all pledged fixtures and equipment. <br />(b) Per the reyuirenrenn of 2CCR 407-1. -107-4, and Rules l .l5(I)(c), all monitorin, information <br />required a~. part of the approved permit application, to include the Environmental Protection Plan. (Pleas'e <br />note that it you are not a Desienated (Mining Opera ion, you will not have an Environmental Protection <br />Plan as part of your approved permit.) <br />