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GCC ~~~/~- <br />of Ame~/ca n`~ <br />February 14, 2008 <br />~~~ :~ <br />~EB 15 2008 <br />Colorado Division of Reclamation, Mining, & Safety Divisiar; ~: rti~c,~:,s,at~on, <br />Anthony J. Waldron ~ Mining and Safety <br />Senior Environmental Protection Specialist <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />(303) 866-3567 <br />~' <br />RE: GCC Rio Grande, Inc.; Red Rock Plant and Mine; File No. M-2002-004; Financial Warranty <br />Request <br />Dear Mr. Waldron: <br />This letter is in response to the divisi _'s letter dated December 18, 2007. Based on the <br />division's O er 1 , 2007 inspection of our facility, located at 3600 Lime Road, Pueblo, <br />Colorado 81004, it requested, in accordance to Rule 4.2.1 (2), that GCC Rio Grande post an <br />additional $2,565,081 cash escrow financial warranty. This additional amount, as requested, <br />would bring GCC's total financial warranty up to $5,065,081.00. <br />GCC is depositing the appropriate amounts today, to bring our cash escrow account up to the <br />requested total. Note that with accrued interest, our current account balance is $2,815,884.83. <br />Therefore, we will transfer $2,249,196.17. At close of business today, Feb 14, 2007 our total <br />cash escrow will be $5,065,081.00. NOTE: We will instruct Wells Fargo to begin depositing <br />accumulated interest for this account, to a separate GCCRG account. <br />We also request that future account notices be sent to my attention, instead of Paul Seby, at the <br />following address: <br />Doug Roark <br />GCC of America <br />130 Rampart Way, Suite 200 <br />Denver, CO 80230. <br />If you have any questions or comments on this matter, please call me at (303) 739-5910. <br />Sincerely, <br />~-a~ <br />Doug Roark <br />Environmental & Process Manager <br />cc: Elizabeth Taliaferro, Program Assistant <br />Handing Together Corporate 0lfces Telephone: 303-739-5900 <br />130 F~mpart way, Sri1e 200 Faz 303- 739-5938 <br />l7enver, CO 80230 www.gcc.com <br />