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<br />r^~' "~ ` '~ ~ "~ ANNUAL REPORT
<br />~!~ j ,~ ~w~~ - i.~ INSTRUCTIONS
<br />According to C.R.S. 34-32-1 16(3), and C.R.S. 34-32.E-I 16(3)(x), on the anniversary date of the permit each year,
<br />the operator shall submit a repon and a map showing the extent of curtent disturbances [o affected land,
<br />reclamation accomplished to date and during the preceding year, new disturbances that are anticipated to occur
<br />during the upcoming y~^ar, and reclamation that will be performed during the upcoming year. Please attach such
<br />a repon and map to ent:losed 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 />1.1 3.7(1)(a):
<br />(iYthe condition of theapera[fon-at the time of cessation: `~ ~_
<br />(ii) what specific measures have been and will be implemented to comply with reclamation, performance
<br />standards and Environmental Protection Plan requirements, if they are pan of your approved application; and
<br />(iii) plans for resumption of mining operations.
<br />Please provide the additional following information with your Annual Repon, 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 Wartanty, specifically:
<br />(i) Pt:r the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(a), provide an updated
<br />statement regarding the sufficiency of the value of the financial wartanty. Specifically,
<br />irrevocable letters of credit, Deeds of Trust, and security agreements, self-insurance, salvage
<br />credit, and fits[ priority liens on project related fixtures.
<br />(ii) Per the requirements of 2 CCR 407-], 407-4, and Rules 1.15(1)(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 properly value, and a statement summ:uizing
<br />any circumstances which may affect the adequacy of the Deed of Trust, or Security agreement,
<br />-~ -- -and-the=valueaf the property-subje:.t-to eititerof-these itutrumentsrTtte report shall ais~> provide
<br />proof that there are no past-due properly taxes.
<br />(i) Per the requirements of 2 CCR 407-1, 407-4, and Rules 4.7(3), permits secured wit:n 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 (1090) of the bank's capital surplus accounts.
<br />(ii) Per the requirements of 2 CCR 407-I, 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 repon in sufficient
<br />detail to fully describe the condition, value, and location of all pledged fixtures and equipment.
<br />(b) Per the requirements of 2 CCR 407-1, 407, and Rules 1.1 d(1)(c), all monitoring information
<br />required as part of the approved permit application, to include the Environmental Protection Plan. (Please
<br />note that if you are not a Designated Mining Operation, you will not have an Environmental Protection
<br />Plan as part of your approved permit.)
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