2008-03-17_REVISION - M1981014 ‎(4)‎

• Permit No: M1981014
• IBM Index Class Name: REVISION
• Doc Date: 3/17/2008
• Doc Name: SO approval
• From: DRMS
• To: Valco Gunnison Concrete Division
• Type & Sequence: SO1
• Email Name: SSS
• Media Type: D
• Archive: No

DIVISION OF MINERALS AND GEOLOGY
Departmen) of Natural Resources
1313 Sherman St., Room 215
Denver, Colorado 80203
Phone: [phone]
FAX: [phone]
STATE OF COLORADO
FINANCIAL WARRANTY
CORPORATE SURETY
7
DEPARTMENT OF
NATURAL
RESOURCES
Rov Romer
Governor
Ken Salazar
Executive Director
Michael 8. Long
Division Director
At,
Operator: VALCO, INC.
Operation: CRESTED BUTTE - ROZMAN PIT
Permit No.: M-81-014 Bond No.: 16409
Warrantor: PIONEER GENERAL INSURANCE COMPANY
Street: 2000 South Colorado Blvd. #4000
City: Denver
State: Colorado Zip Code: 80222
Area Code: (303) Telephone: [phone]
KNOW ALL MEN BY THESE PRESENTS, THAT:
WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101
et seg. (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, VALCO, INC. (the "Operator"), a
Colorado corporation, has applied for a permit to conduct a
mining operation known as CRESTED BUTTE - ROMAN PIT (the "Operation).
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.