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<br />ANNUAL REPORT
<br />INSTRUCTIONS
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<br />According to C.R.S. 34-33-116(3), and C.R.S. 34-32.5-116(3)(a), on the anniversary date of the permit each yeaz,
<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 disrurbances 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 to enclosed annual repon 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 407-1, 407-4, and Rules
<br />1.13.7(1)(a):
<br />(I) the condition of the operation at the time of cessation;
<br />- -'i(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 />(iii} plans for resumption of mining operations.
<br />Please provide the additional following information with your Annual Repott, as applicable:
<br />(a) Per the requirements of 2 CCR 407-I, 407-4, and Rules 1.15(1), provide an updated statement
<br />regarding the sufficiency of the value of the Fir.:.:,cial Warranty, specifically:
<br />(I) Per 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 warranty. Specifically,
<br />irrevocable letters of credit, Deeds of Trust, and security agreements, self-insurance, salvage
<br />credit, and firs[ priority liens on project related fixtures.
<br />(ii) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(b), permits secured with a
<br />Deed of Ttvst 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 arc ,r o - tie property taxes. -
<br />Y_-~_~~~ fill) Per the-requirements of 2 CCR 407-1, 407-4, and Rules 4.7(3J permits sectrced wiih an- -
<br />Irrevocab.le tter of Credit, the operator shall have-the bank providt: ocd" um ntation in the form
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<br />' ~~f a balance sheet, certified by a Certified Public Accountant, demonstravng.that the
<br />~ Letter of Credit does not exceed ten percent (10%) of the bank's capital surplus accounts.
<br />(vi) Per the requirements of Z CCR 407-1, 407-4, and Rules 4.9~, permits secured by a First
<br />Priority Lien on any fixtures and Equipment.-the-oper to or shall provide a report in sufficient
<br />detail to fully describe the c- o_ditin~; value, and location of al] pledged fixtures
<br />and equipment. ~-
<br />rb) Pcr rite requirements of 2 CCR 407-1, 407-4, and Rutcs 1.15(l)(c), all monitoring information
<br />required as part of the approved permit application, ro include the Environmental Protection Plan.
<br />(Please note that if you are no[ a Desisnae8 Mining Operation, you will not have an Environmental
<br />Protection Plan as part of your-approved permit.}
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