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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 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />September 18, 2008 ? <br />Mr. Larry Lyster L <br />Lyster Oil Company, Inc. <br />701 CR 105 <br />Craig CO 81625 <br />SEP ? 9 Liu J <br />Division o'i r sclarnation. <br />W-Inii^ig and SatDty <br />COLORADO <br />D IV IS I ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />0 <br />Re: File No. M-2008-009, y'L ster Pit, 112c Decision Letter - Financial and Performance Warranty Request - <br />Construction Material Operation <br />Dear Mr. Lyster: <br />On September 8, 2008, the Division of Reclamation, Mining and Safety approved your 112c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $63,000.00. You must submit a financial <br />warranty in this amount and a performance warranty in order for us to issue a permit. In the event you have requested a <br />financial warranty form, we have enclosed it in this letter. If you have not, please select a type of financial warranty from <br />Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. We have enclosed a <br />performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me 970-241-2042. <br />Sincerely, <br />r 7C:7 <br />Travis H. Marshall <br />Environmental Protection Specialist <br />cc: Steve Shuey, DRMS <br />Elizabeth Taliaferro, DRMS <br />Steve Baker, 3B Enterprises <br />Steve Baker <br />3B Enterprises <br />PO Box 1665 <br />Craig, CO 81626 <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines