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?r' <br />STATE OF COLORADO ` <br />DIVISION OF MINERALS AND GEOLOGY <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 /> <br />PP(",FiVE .? <br />AUG 2.9 1996 <br />DIVIS100 U, Mihbraio & CAOk"cryf <br />FINANCIAL WARRANTY <br />CERTIFICATION OF DEPOSIT <br />Operator: <br />Operation: <br />Permit No.: <br />Bank: <br />Street: <br />City: <br />State: <br />DEPARTMENT OF <br />NATURAL <br />RESOURCES <br />Roy Romer <br />Governor <br />James S. Lochhead <br />Executive Director <br />Michael B. Long <br />vision Director <br />Area Code: d Telephone <br />Zip Code: <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101, <br />et M. (the "Act"), as amended, provides that no permit may be issued under the Act until the <br />Mined Land Reclamation Board (the "Board") receives a Financial Warranty (or Warranties) as <br />described in the Act. <br />i h?s? e?the "Operator), <br />u??s Val, <br />WHEREAS,! <br />a corporation, has applied for a permit to <br />conduct a mining operatio known as (the "Operation"), <br />on certain lands in /? ,?l® County, Colorado. These lands are <br />described in the permit application, as amended and supplemented, and are referred to herein <br />as the "Affected Lands". <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 <br />time to time.