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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />RECEIVED <br />MAR 12 2001 <br />Division of Minerals and Geology <br />FINANCIAL WARRANTY <br />LETTER OF CREDIT <br />A <br />U I v I S 1 O N O F <br />MINERALS <br />GEOLOGY <br />0.EC LAM ATION <br />MINI NG•SAFc?Y <br />Bill Owens <br />Governor <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FPv : (30v3) 832-8 i06 <br />Operator: <br />Operation: <br />Permit No.: <br />Bank: <br />Street: <br />Greg E. Watcher <br />Executive Director <br />Michael B. Long <br />Director <br />U2--) J0106 <br />City: 6L.t_y raLnon <br />State: ouwU d o Zip Code: ? l 030 <br />Area Code: 9-7 D Telephone: (P¢ j` Cie-) 00 <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101 et seq. (the <br />"Act"), as amended, provides that no permit may be issued under the Act until the Mined Land <br />Reclamation Board (the "Board") receives a Financial Warranty (or Warranties) as described in the <br />Act. <br />WHEREAS, ?d-Sa i 1 <br />"Operator"), a 5OLL9 f ??^Q <br />for a permit to conduct a mining ope <br />"Operation"), on certain lands in <br />These lands are described in the pen <br />to herein as the "Affected Lands". <br />YUdWxJhA ? Q l 4 d e 6 (the <br />heY-,5 h "e -eerpemliert, has a lied <br />-ation known as D,,Akg, rsp vt LIZ <br />??? r tit (the <br />"LtV\? s e y\ County, .Colorado. <br />nit application, as amended and supplemented, and are referred <br />WHEREAS, as part of 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 <br />to time. <br />