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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 />DIVISION O F <br />RECLAMATION <br />MINING <br />- &- <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />Apri128, 2008 <br />Jason Burkey <br />B&B Excavating, Inc. <br />P.O. Box 1729 <br />Edwards, CO 81632 <br />~~ ~~~~~~ <br />APR 3 <br />Divisi ~ Z®o8 <br />Mining apq Sa eation <br />tY <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />Re: Carol Ann Pit, Permit No. M -1997 - 026, Reclamation Costs Update, SI-02 ~ <br />Dear Mr. Burkey: <br />In an effort to ensure the fmancial warranty remains adequate to reclaim this site per the requirements of the approved <br />reclamation plan, DRMS has updated the reclamation cost estimate (copy enclosed). Therefore, pursuant to Section <br />34 -32.5-117(4) of the Colorado Land Reclamation Act, adequate financial warranty must be submitted to the <br />DRMS within 60 days of the mailing date of this report. The increase needs to be accepted prior to 6/27/2008. <br />Please review the enclosed figures as soon as possible and contact our office if any calculation errors are noted. <br />Staff calculations estimate the cost to reclaim the site to be $77,893.00, rounded off to $77,900.00. This is an increase <br />of $14,449.00 over the $63,444.00 currently held by the Division. The estimate is based on conditions observed during <br />the latest inspection. <br />If you need additional information, please contact me at the Division of Reclamation, Mining and Safety, Grand Junction <br />Field Office, 101 S. 3rd Street, Suite 301, Grand Junction, Colorado 81501, telephone no. 970.623.5596. <br />Sincerely, <br />Travis Marshall <br />Environmental Protection Specialist, Grand Junction Field Office <br />Office of Office of <br />Mined Land Reclamation Denver Grand )unction Durango Active and Inactive Mines <br />