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• <br />5.2 Establish an assurance mechanism capable of fully funding cyanide- <br />related decommissioning activities. <br />The operation is: ^ in full compliance <br />^ in substantial compliance <br />^ not in compliance ...with Standard of Practice 5.2. <br />Describe the basis for this Finding/Deficiencies Identified: <br />CC&V is required to provide a financial warranty for the decommissioning of the <br />mine, including all cyanide infrastructures, as part of its governing permit. <br />CC&V reviews the adequacy of its financial warranty at least annually; the <br />adequacy of the warranty is also evaluated with every TR or Amendment <br />submitted for facility modifications or changes. CC&V has arranged for a <br />package of sureties or bonds through various lending institutions to address the <br />closure cost estimate established by the permit, and review of several annual <br />reports indicates that bonds have been systematically increased to address <br />increases in the closure estimates. Costs estimates are based on the probable <br />decommissioning effort that would be incurred by a third party. <br />• <br />• Cresson Proiect <br />Name of Mine <br /> <br />Signature of Lead Auditor <br />10 September 2007 <br />Date <br />Page 25 of 41 <br />