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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Drpdrtmenr or Natural Resources <br />1313 Sherman St., Room 215 M I N E R A L L S <br />RECEIVED J " ° N F <br />Denver, Colorado 80203 <br />o? <br />Phone: (303) 866-356' ??? V I 1999 G E O L O G Y <br />FAY: (303) 832-8 106 V J 3 „ ° T. I N <br />?iN .iG•iAF <br />Division of (minerals & Geology ?;II ?•N n5 <br />• rv' embr <br />Cr-!- E watcher <br />E.<ecu(rve Director <br />Michael I Lon; <br />FINANCIAL. WARRANTY orec;or <br />CERTIFICATION OF DEPOSIT <br />/ -57, CD <br />Operator: Camp Bird Colorado Inc. <br />Operation: Camp Bird Mine <br />Permit No.: M-82-090 <br />Bank: Norwest Bank <br />Street: 1740 Broadway <br />City: Denver <br />State: Co Zip Code: 80274-8699 <br />Area Code: Telephone: <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />FAX: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101, ei.jeq. (the <br />"Act"), as amended, provides that no permit may be issued under the Act until the Mined Land Reclamation <br />Board (the "Board") receives a Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, Camp Bird Colorado, Inc. (the "Operator), a <br />corporation, has applied for a permit to conduct a mining operation <br />known as Colorado (the "Operation"), on certain lands in <br />Ouray County, Colorado. These lands are described in the permit application. as <br />amended and suppiemented, and are referred to herein as the "Affected Lands." <br /> <br />WHEREAS, in 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 to time.