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<br />MINED LAND RECLAMATION DIVISION <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 <br />303 866-3567 <br />FAX: 303 832-8106 <br />STATE OF COLORADO <br />_ <br />I_ U# <br /> of ?o?o <br />NOV 12 1991 <br /> <br />Mined Land 1876 <br />y <br />ame <br />:- <br />Reclamation Divisinr, l <br />r <br />Ro <br />Governor <br /> Fred R. Banta, <br />Division Ureclor <br />FINANCIAL WARRANTY <br />CORPORATE SURETY <br />Operator: <br />ROBINSON BRICK COMPANY <br />Operation: PIONEER MINE <br />Permit No: 77 - 252 Bond No: 400 774 583 <br />Warrantor: <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, <br />34-32-101 et seq. (the "Act"), as amended, provides that no permit maybe <br />issued under We Act until the Mined Land Reclamation Board (the "Board") <br />receives a Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, ROBINSON BRICK COMPANY (the "Operator"), a <br />COLORADO corporation, has applied for a permit to conduct a <br />mining operation known as PIONEER MINE (the "Operation). <br />These lands are described in the per application, as amended and <br />supplemented, and are referred to herein as the "Affected Lands <br />WHEREAS, in the application for the permit, the Operator has agreed to <br />be bound by all requirements of the Act and all applicable rules and <br />regulations of the Board, as amended from time to time. <br />WHEREAS, in the application for the permit, the Operator has agreed with <br />the Board to provide for reclamation of the Affected Lands that are now, or <br />may become, subject to the permit, as required by law. <br />WHEREAS, the Operator and CONTINENTAL CASUALTY INSURANCE COMPANY (the <br />"Warrantor"), a corporation organize an exis ing un er e laws n ,he State <br />Of ILLINOIS and duly authorized to transacta bonding arid stict.'t, <br />busine s i tite_?EiFU_?TColurado are hereby acrd firmly bowed unt.i, the Stab <br />i n the sum of Twen.?y-four thousand andno 100 Do 1 t a rs <br />(? 24,000.00 ??_ _ ? or a periDo o ime rom December 26 s _1991 <br />to December 26 -? , 1992 , for the payment of whi chi sum, wet l and truly . <br />made, we fiDre y- t6 nd ourselves and our personal representatives, successors <br />and assigns, jointly and severally, firmly by these presents. <br />r Y?