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<br />STATE OF I <br />COLORADO <br />DIVISION OF RECLAMATION , MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 RECEIVED C O L O R A D O0 <br />Phone: (303) 866-3567 <br />FAX: 1303) 832-8106 n t v t s i o t o f <br />RECLAMATION <br /> MAY 19 2008 M I N I N,G <br />E <br /> Division of Reclamation, <br />SAF <br />TY <br />- <br /> Mining and Safety <br /> $i1( RiKer, Ir. <br /> Governor <br />TRANSFER OF PERMIT AND SUCCESSION OF OPERATORS H <br />i <br />D <br />Sh <br /> arr <br />s <br />. <br />erman <br /> APPLICATION FORM Exer_utive Director <br /> Ronald W. Cartany <br /> Division Director <br />Naturai Resource Tri <br />I <br />The application for a Transfer of Permit and Succession of Operators must contain four (4) major parts: I) an Application Form; 2) <br />an Application Fee; 3) a Performance Warranty (attached as part of the Application Package) bearing the original notarized <br />signature of the Successor Operator; and, 4) a replacement Financial Warranty provided by the Successor Operator, bearing Ilan <br />original notarized signature. To expedite processing, please provide the information in the format and order described below.i <br />1• FINANCIAL WARRANTY INFORMATION (Choose ONE ORtion): <br />I.Option A: i <br />---_ I wish to WAIVE MY RIGHT to a 30-day processing time to allow the <br />(Initial & Date) Division of Reclamation, Mining and Safety to recalculate the Financial <br />Warranty requirements. If you choose Option A you should not submitA <br />Financial Warranty and Performance Warranty until the Division notifies you <br />of the correct amount of your warranty requirements.* <br />2. Option B: <br />(Initial & ate) <br />I Dq NOT WISH TO WAIVE MY RIGHT to a 30-day processing time. I <br />hereby submit a replacement Financial Warranty for the same dollar amount <br />as the Financial Warranty maintained by the current operator. I understand <br />that the Division of Reclamation, Mining and Safety will recalculate the <br />required reclamation bond within 60-days from the date that the transfer is <br />completed and the required EL ANCIAL_WARRANTY_ C GILD BE <br />SUBSTANTIALLY fI3CREASED at that time. As the new operator, I agreeI <br />to he responsible for posting any required increase to the financial warranty! <br />for good cause shown, in a form acceptable to the Board, within 60-days of <br />such notice. <br />Office of ! - <br />Mined Land Reclamation Ofnactti <br />Denver - Grand Junction Durango Active and inactive Miries