REP48210

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POVERTY GULCH
AGREEMENT FOR RECLAMATION ACTIVITIES
This Agreement is made this day of 199_, between
Cripple Creek and Victor Gold Mining Company, a Joint Venture, by Pikes Peak Mining
Company (Pikes Peak Mining Company), Manager ( "Owner % the State of Colorado, acting
through its Department of Natural Resources, Mined Land Reclamation Division
( "Colorado "), and ( "Qontractor").
Pikes Peak Mining Company represents to Colorado and Contractor that it owns the
described real property located in the County of Teller and the State of Colorado:
Legal Description: See attached Exhibit.
Colorado has included sites on tracts of land owned by Pikes Peak Mitring Company
in its Abandoned Mine Reclamation Plan ( "Plan") approved by the Office of Surface Mining
Reclamation and Enforcement of the United States Department of the Interior on June 11,
1982 pursuant to Title IV of the Surface Mining Control and Reclamation Act of 1977.
Colorado has offered to conduct, at no cost to Pikes Peak Mining Company, reclamation
activities pursuant to the Plan on the Project site. Colorado proposes to hire Contractor
to perform the reclamation activities.
Pikes Peak Mining Company is willing to give its consent to such reclamation
activities on the conditions described in this Agreement.
Therefore, in consideration of the consent and permission granted to Colorado and
Contractor by Pikes Peak Miring Company, Colorado and Contractor agree with Pikes Peak
Mining Company as follows:
1. Pikes Peak Mining Company grants per mission to Colorado, its agents, employees
and contractors, including Contractor, to enter upon the project site for the length of time
necessary(but not exceeding 24 months) to complete the work described in the "Project
Narrative" (Exhibit A to this Agreement), which is attached to and made a part of this
Agreement (the "Work "). Colorado shall give reasonable notice to Pikes Peak Mining
Company before its entry and its commencement of the Work. In giving consent to this
entry, Pikes Peak Mining Company waives no rights which are conferred by virtue of the
language contained in Title IV of the Surface Mining Control and Reclamation Act of 1977,
30 U.S.C. § 1231 et seq., or the Colorado Surface Coal Mining Act of 1979, 14 Colorado
Revised Statutes 1973 § 34 -33 -133 (1981 Supp.), or both.
2. Contractor shall effect, at no cost to Pikes Peak Mining Company, the Work
described in Exhibit A in a good and workmanlike manner. The Work shall, once
commenced, be diligently pursued to completion and without unreasonable delay.
Contractor guarantees that the Work shall be free from defects in materials and
workmanship and that all materials incorporated into the Work shall be fit for the use and