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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Naturaj Resources <br />1313 iherman St.; Rcaorn 215 <br />Denver, C:)lcxado 60203 <br />Phone: '303) 866-3567 <br />FAX: (:3173;! 832-8'106 <br />August 29, 2008 <br />COLORADO <br />D f V i S{ 0 N () i. <br />RECLAMATION <br />MINING <br />SAFETY <br />Bill Rifler, jr, <br />COVerrlr <br />Mr. Ryan J. McI-lal.e <br />Vice-President <br />Venture Resources. Inc. <br />P.O. Box 1974 <br />.Idaho Springs, CO 80452 <br />Han-is D. `Zermari <br />Executive Director <br />Ronald W. Cananv <br />DMv ;ian Direcrpr <br />"1aeJra! RE.?c urce: TrcJStee <br />Re: File No. M-2008-037, Emma Lode MS#7261, 110(2) Decision Letter - Conditions, Financial and <br />Performance Warranty Request - Hard Rock Mining Operation <br />Dear Mr. McHale: <br />On August 1-8, 2008, the Division of Reclamation, Mining and Safety approved your 1.10(2) mining pen-nit <br />application. The conditions to the approval are noted in the stipulations below: <br />Stipulation No. <br />Description <br />1 In accordance lvith 11ardrock Rules 3.1.60), 63.3(1)(1), and 6.14(&e) that require the <br />Division to protect the prevailing 4y.drologic .balance, applicant must provide a comprehensive <br />geochemical characterisation of the material that tivill be backfilleil. The Division will require <br />sampling and analyse=s of in situ ore and >vaste rockfi-om the underground ivorkingT , inclu Iinf, <br />characterization of'the processed material proposed, for backfill. The geochemical <br />characterization must occur as Soon as reasonably practical after access is gained fcrr <br />acrmplin,?: <br />?. Operator isl)r•ohibifed li (..) m hackfilling into the mine} any material That is not generated <br />sl?ecific°allyfi-orn the permitted Einrna Lode shah`. <br />The Division will provide protocols k)r characterization testing at a. later time, The characterization. will include <br />standardized. tests such as acid-base accounting and accelerated weathering tests such. as the svnthetic <br />precipitation leaching procedure. y <br />J-he amount of financial warranty set by the Division for this site is $6,050.00. You must submit a financial <br />warranty in this amount and a performance warranty in order fir us to issue a pen-nit. In the event you have <br />requested a financial warranty form, we have enclosed it in this letter. If you have not, please select a type of <br />financial warranty fro n Rule 4.3. Then contact us so that we can provide you with the appropriate; warranty <br />ti_)rm. We have enclosed a performance warranty forrn with th s letter for your use. <br />Cffice t)f Office. «f