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<br />ANNUAL REPORT
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<br />' INSTRUCTIONS
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<br />According [o C.R.S. 34-32-I'16(3),'and C.R.S. 34-32.5-116(3)(x), on the anniversary date of the permit each year,
<br />the operator shall submit a report aiid a map showing the extent of current disturbances to affected land,
<br />reclamation accomplished to date and.during the~preceding year, new disturbances that are anticipated to occur
<br />dunng 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 .Aimual Report the following itiformauon as required by 2 CCR 407- I, 407-4, and Rules
<br />I.13.7(1)(x):
<br />(I) the condition of the operation a[ 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 />(uQ plans for resumption of mining operations
<br />Please provide the additional following information with your Annual Report, as apphcable~
<br />(a) Per the requirements of ^_ CCR 407-1, 407-4, and Rules L IS(1), provide an updated statement
<br />regarding the sufficiency of the value of the Fina»cial Warranty, specifically:
<br />(I) Per the requirements of'_ CCR 407-I, 407-4, and Rules L 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 secunty agreernents, self-insurance, salvage
<br />credit, and first priority liens on project related £.xtures.
<br />(ii) Per the requirements of 2 CCR 407- I, 407-4, and Rules 1. I5(I)(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 pas[-due property taxes.
<br />(iii) Per the requirements of 2 CCR 407-I, 407-4, and Rules 4.7(3), permits secured with an
<br />Irrevocable Letter of Credit, the operator shall have the bank provide docwnentation in the form
<br />of a balance sheet, certified by a Certified Public Accoumant, demonstrating that the
<br />Letter of Credit does not exceed ten percent (I O;o) of the batik's capital surplus accounts.
<br />(iv) 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 aiid Equipment, the operator shall provide a report in sufficient
<br />detail to fully describe ttie condition, value, and location of all pledged fixtures
<br />and egwpment.
<br />(b) Per the requirements of 2 CCR 407-1, 407-4, and Rules L li(I)(c), all motutoring information
<br />required as part of the approved permit application, to include Environmental Protection Plan.
<br />(Please note that if you are not a Designated Mining Operation, you will not have an Environmental
<br />Protection Plan as part of your approved permit.)
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