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ANNUAL REPOR7_'_
<br />INSTRUCTIONS
<br />According to C.R.S. 34-32-1 16(3), and C.R.S. 34-32.E-I 16(3j(a), on the anniversary date 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 that 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 [o enclosed annual report form. (An adequately labt:led map that clearly delineates and includes
<br />the above elements may suffice for a written report.)
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<br />~If your t~petration is subject to the provisions of Temporary Cessation as defined in the Act and Rules. you must
<br />provide with%the'Anriual Report the following information as required. by 2 CCR 407-1, 407-4, and Rules'
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<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 wi[ft 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 Report, as appli~:able:
<br />(a) Per the requirements of Z CCR 407-I, 407-4, and Rules 1.15(1), provide an updated statement
<br />regartiing the sufficiency of the value of the Financial Warranty, specifically:
<br />(i) Per the requirements of 2 CCR 407-1, 407-4, ami Rules 1.15(1)(a), provide an updated
<br />statement regarding the sufficiency of the value of the financial wariattty. Specifically,
<br />irrevocable letters of credit. Deeds of Trust, and security agreements, ::elf-insurance, salvage
<br />credit, and first priority liens on project related fixturts.
<br />(ii) Per the requirements of 2 CCR 407-1, 407-4, an~i 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 property value, and :t 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--stibjec[ to either of these instruments. The repoR 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 trio bank provide documentation in the form
<br />of a balance sheet, certified by a Certified Public Accountant, demonstrating that [he Letter of
<br />Credit does not exceed ten percent (10%) 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 report in sufficient
<br />detail to fully describe the condition, value, and location of all pledgee fixtures and equipment.
<br />(b) Per the requirements of 2 CCR 407-1, 407-4, and Rules i.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 if you are not a Designated Mining Operation, you will not have an Environmental Protection
<br />Plan as par[ of your approved permit.)
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