2008-11-25_REVISION - M1993035 (5)

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( ' r 1 STATE OF COLORADO DIVISION OF MINERALS AND GEOLOGY Department of Natural Resources 1313 Sherman St., Room 215 Denver, Colorado 80203 Phone: (303) 866.3567 FAX: (303) 832-8106 rw.rr„CEI VED 111399 FINANCIAL WARRAINT V „„ orals & Geology CORPORATE SURETY Operator: Alpine Rock Company Operation: Swan River Resource Permit No.: M-93-035 Bond No.: 8293 31 77 Employers Reinsurance Corporation and Warrantor: Reliance Insurance Company Street: Three Parkway City: Philadelphia State: PA Zip Code: 19102 Area Code: 215 Telephone: 864-4000 KNOW ALL MEN BY THESE PRESENTS, THAT: UIVlSl0N OF MINERALS GEOLOGY 4°-C LAM AT ION M IN iNG•sAFE-Y Bill Owns Governor Greg E. walcher Executive Director Michael 8. Long Director .V'343 3:5`t . co WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-3 2-101 gl =Q. (the "Act"), as amended, provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the "Board") receives a Financial Warranty (or Warranties) as described in the Act. WHEREAS, Alpine Rock Company (the "Operator"), a Colorado corporation, has applied for a permit to conduct a mining operation known as Swan River Resource (the "Operation"), on certain lands in Summit County, Colorado. These lands are described in the permit application, as amended and supplemented, and are referred to herein as the "Affected Lands". WHEREAS, in the application for the permit, the Operator has agreed to be bound by all requirements of the Act and all applicable rules and regulations of the Board, as amended from time to time. WHEREAS, in the application for the permit, the Operator has agreed with the Board to provide for reclamation of the Affected Lands that are now, or may become, subject to the permit, as required by law.