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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 C O L O R A D O <br />Phone: (303) 866-3567 RECLAMATION <br />FAX: (303) 832-8106 MINING <br /> -K;- <br />Bill Ritter, Jr. <br />th Governor <br />May 30 , 2008 <br />Harris D. Sherman <br />i <br />Executive Director <br />Mr. Scott Davis <br />Ronald W. Cattany <br />Schmidt Construction Company Division Director <br />2635 Delta Drive Natural Resource Trustee <br />Colorado Springs, CO 80910 <br />i <br />Re: M-1988-044 Coal Creek Resources, Technical Revision TR-3 and Financial <br />Warranty Problem for Amendment 03 <br />Dear Mr. Davis, <br />On May 23rd, 2008 the division received a technical revision for the above stated mine <br />site. The revision itself appears to the technically adequate. However several problems <br />about the financial warranty still exist regarding Amendment 03 that was approved on <br />April 7th, 2006. <br />Several letters have been sent to you over that last few years regarding this problem and <br />you have responded with several pieces of documentation. However, we need two <br />specific documents that you sent to the division on May 4th, 2007, entitled "Financial <br />Warranty Certification of Net Worth and Certification of Fixed Assets" and <br />"Performance Warranty". These documents have several technical errors that needed to <br />be corrected and then resubmitted. A letter was sent to you dated May 7th, 2007 <br />(Certified Mail No. 7003 1680 0000 6429 6183) by the Division concerning this issue <br />and it outlined the specific corrections that need to be made to these documents. <br />Enclosed is the May 7th, 2008 letter and a copy of the original documents that needs to be <br />corrected. Please fill out and re-submit the "Financial Warranty Certification of Net <br />Worth and Certification of Fixed Assets" and "Performance Warranty" forms. Also, <br />enclosed is a blank copy of the form as well. <br />Once the correct forms have been filled out and received by the office and is deemed <br />correct the Technical Revision will be approved. Please be advised that the decision date <br />for this revision is June 22nd, 2008. If the Office has not received the requested <br />documentation, prior to the decision date or you have not requested an extension for the <br />decision date, the Technical Revision will be denied. <br />If you have any questions please feel free to contact me at (303)-866-4922. <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines