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TATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />O L <br />R A D O <br />Denver, Colorado 80203 D <br />E <br />D I V I S I O N OF <br />Phone: (303) 866-3567 RECLAMATION <br />FAX: (303) 832-8106 MINING <br /> 11 <br />?\ W <br />J SAFETY <br /> Bill Ritter, Jr. <br /> Governor <br />/ Harris D <br />D. Sherman <br />February 28, 2008 Executive Director <br /> Ronald W. Cattany <br />Sheldon Gosne <br />f Division Director <br />y <br />P.O. Box 1186 Natural Resource Trustee <br />Bayfield, CO 81122 <br /> <br />Re: Ignacio Pit, Permit No. M-1977-446, Succession of Operators Approval, Revision No. SO-2 <br />Dear Mr. Gosney: <br />On February 27, 2008, the Division of Reclamation, Mining and Safety approved the succession of operators from Sheldon <br />Gosney to Hocker Construction, LLP for this operation. Hocker Construction, LLP is now the permitted operator of the <br />Ignacio Pit, and as such, is responsible for all provisions in M-1977-446, as well as those specified in the Rules and <br />Regulations. <br />Enclosed are the following bond and the Performance Warranty you originally provided. <br />Bond Tvue <br />Bond Number <br />Bond Amount <br />Pine River Valley Bank <br />095 <br />$115,646.00 <br />These have been released as of February 27, 2008 Division approval for the succession of operators. You should advise <br />your bank or insurance company of this release by copy of this letter. <br />If you have any questions, please contact me. <br />Sincerely, <br />7 <br />o? Kate A. Pickford <br />Environmental Protection Specialist <br />Enclosure <br />CERTIFIED MAIL NO. 7006 3450 0000 4878 2550 <br />Return Receipt Requested <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines