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<br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303)8322--81810 06 <br />RECEIVED <br />MAY 13 1998 <br />DlvLsion of Minerals & Geology <br />FINANCIAL WARRANTY <br />CERTIFICATION OF DEPOSIT <br />?A <br />DEPARTMENT 01 <br />NATURAL <br />RESOURCE` <br />Roy Romer <br />Governor <br />James S. Lochhead <br />Executive Director <br />Michael B. Long <br />Division Director <br />? IZt?pp.OrJ <br />Operator: (iy A LTm -T- POP6r <br />Operation: of--) # <br />M $(o 10, <br />Permit No.: "- ^ ° - <br />Bank: Q -k tenor, w?rFFl W `S k Av ^1 yuaT <br />Street: 161 CAs-r- M A i >a ?,o, 13?,c cr14 <br />City: _ ?'lo rre ?x e <br />State: Ob (,apt* b Zip Code: $]LZ? <br />Area Code: `7t9_ Telephone: Vic!- L31 & FAX: <br />KNOW ALL MEN BY THESE PRESENTS, THAT. <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101, <br />et seg. (the "Act"), as amended, provides that no permit may be issued under the Act until the Mined <br />Land Reclamation Board (the "Board") receives a Financial Warranty (or Warranties) as described in <br />the Act. <br />WHEREAS, bQ A -Tt T N e. (the "Operator), <br />a corporation, has applied for a permit to conduct a mining <br />operation known as PbPE Pe-r A p', (the "Operation"), on certain lands <br />in 21405Gy County, Colorado. These lands are described in the permit application, <br />as amended and supplemented, and are referred to herein as the "Affected Lands." <br />WHEREAS, in the application for the permit, the Operator has agreed to be bound by all <br />requirements of the Act and all applicable rules and regulations of the Board, as amended from time to <br />time.