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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />COLORADO <br />DIV IS I ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />R E" C' v <br />June 23, 2008 JUN % 6 2008 Bill Ritter, Jr. <br />Governor <br />Mr. Darin Stone nIVISIon D` 1??4. *1YldtiOn Harris D. Sherman <br />and Safety <br />McStone Aggregates LLC Mining Executive Director <br />Ronald W. Cattany <br />P O BOX 483 Division Director <br />Cortez, CO 81321-0483 Natural Resource Trustee <br />Re: File No. M-2008-010, Mud Creek Pit, 112c Decision Letter - Financial and Performance Warranty <br />Request - Construction Material Operation <br />Dear Mr. Stone: <br />On June 11, 2008, the Division of Reclamation, Mining and Safety approved your 112c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $114,864.00. You must submit a financial <br />warranty in this amount and a performance warranty in order for us to issue a permit. In the event you have requested a <br />financial warranty form, we have enclosed it in this letter. If you have not, please select a type of financial warranty from <br />Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. We have enclosed a <br />performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me at (970) 259-5861. <br />Sincerely, <br />Kate A. Pickford <br />Environmental Protection Specialist <br />Enclosure <br />cc: Tony Waldron, DRMS <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines