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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 />January 8, 2008 <br /> <br />Mr. Chris Zadel <br />Northern Colorado Constructors Inc. Agg[ggate Div v <br />9075 WCR 10 <br />Ft. Lupton, CO 80621 <br />COLORADO <br />D I V I S 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 />Re: NCCI Pit #1, Permit No. M-2001-107, Amendment Approval, Revision No. AM-1 <br />Dear Mr. Zadel: <br />On December 24, 2007 the Division of Reclamation, Mining and Safety (Division) approved the Amendment application <br />submitted to the Division on August 27, 2007, addressing the following: <br />Acreage Increase of 72.86 acres. <br />The terms of the Amendment No. 1 approved by the Division are hereby incorporated into Permit No. M-2001-107. All <br />other conditions and requirements of Permit No. M-2001-107 remain in full force and effect. <br />The total financial warranty amount of $1,338,509.00 proposed by the Operator, for the existing permit plus the <br />expansion proposed under Amendment AM-l, has been determined by the Division to be adequate. The phased bonding <br />approach proposed by the Operator is also approved by the Division. The amount of financial warranty currently held by <br />the Division for this permit is $767,983.00. The total amount of bond that must be held by the Division upon initiation of <br />the first phase of the expansion will be $947,991.00, which is an increase of $180,008.00 over the amount currently held. <br />Therefore, in accordance with Rule 4.1(2), the operator must submit additional bond in the amount of $180,008.00 within <br />365 days of the date of approval of the amendment (December 24, 2007) , or upon initiation of mining in the expanded <br />area, whichever occurs first. The revision will not be final until the bond is approved by the Division. <br />If you have any questions, please contact me at (303) 866-3927. <br />Sincerely, <br />F1 <br />a,- <br />David A. Bird <br />Environmental Protection Specialist, Senior Geochemist <br />Enclosure <br />cc: Mr. Todd Yee, J&T Consulting, Inc. <br />Tony Waldron, DRMS <br />Elizabeth Taliaferro, DRMS <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines