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STATE OF COLORADO <br />DIVISIOI'~ OF RECLAMATION, MINING AND SAFETY `~ <br />Department of Natural Resources <br />1313 Sherrrtan St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />Mazch 24, 2008 `~ <br />~~ ~~ i <br />COLORADO <br />DIVISION O F <br />RECLAMATION <br />MINING <br />- &- <br />SAF ETY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Mr. Alan D. Cox ~ Division Director <br />Homestake Mining Company Natural Resource Trustee <br />P.O. Box 98 <br />Grants, NM 87020 <br />~ ~~ <br />Re: Bulldog Mine Operation, Permit No. M-1977-215, Succession of Operators Approval, Revision No. SO-1 <br />Deaz Mr. Cox: <br />On March 21, 2008, the Division of Reclamation, Mining and Safety approved the succession of operators from <br />Homestake Mining Company to Emerald Mining & Leasing, LLC for this operation. Emerald Mining & Leasing, LLC is <br />now the permitted operator of the Bulldog Mine Operation, and as such, is responsible for all provisions in M-1977-215, <br />as well as those specified in the Rules and Regulations. <br />Enclosed are the following bond and the Performance Warranty you originally provided. <br />Bond a Bond Number Bond Amount <br />Safeco Insurance Company of America Corporate Surety 2863660 $268,500.00 <br />These have been released as of March 21, 2008 Division approval for the succession of operators. You should advise <br />your bank or insurance company of this release by copy of this letter. <br />If you have any questions, please contact me. <br />Sincerely, <br />r <br />~~~~ ~ , <br />Bob Oswald <br />Environmental Protection Specialist <br />Enclosures <br />CERTIFIED MAIL NO. 7006 3450 0000 4880 0995 <br />Return Receipt Requested <br />Office of Office of <br />Mined Land Reclamation Denver Grand Junction Durango Active and Inactive Mines <br />