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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 />COLORADO <br />D I V I S I O N OF <br />RECLAMATION <br />MINING <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />November 12th, 2008 i? Harris D. Sherman <br />Executive Director <br />f/ Ronald W. Cattany <br />Bill Hudick Division Director <br />Hudick Excavating, Inc. Natural Resource Trustee <br />160 County Road 118 <br />Franktown, Colorado 80116 <br />RE: Elbert County Pit; DRMS File# M-1985-129. Succession of Operators <br />Re?JUest of Performance Warranty and Financial Warranty. SO04 -- <br />Dear Mr. Hudick. <br />The Colorado Division of Reclamation, Mining and Safety have evaluated the Financial <br />Warranty amount for the above referenced mine. The amount of Financial Warranty that <br />needs to be held for this site is $52,200. <br />Within 60 days of the date on this letter, please submit the Financial Warranty of $52,200 <br />and the Performance Warranty in order to approve the succession of operator. Enclosed <br />with this document is the Performance Warranty form. There are many choices in the <br />type of Financial Warranty one can submit. Please choose the one you would like to <br />provide. The Financial Warranty forms can be found at the following website: <br />http://mining.state.co.us/Mineral`/`20Foryns.htm <br />If you have any questions about submitting the Financial Warranty or the various types, <br />please contact Elizabeth Taliaferro at (303)-866-3567 ext. 8148. <br />Sincerely, <br />(/, <br />Jared Ebert <br />Environmental Protection Specialist, DRMS <br />Enclosures: Performance Warrantyform. <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines