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<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 />August 28, 2003 / <br />Mr. Terry V. Wetz <br />International Uranium (USA) Corp. <br />Independence Plaza, 950 <br />1050 Seventeenth St. <br />Denver, CO 80265 <br />Re: Monogram Miries, <br />No. SR -1 <br />Dear Mr. Wetz: <br />COLORADO <br />DIVISION OF <br />MI N SRALS <br />GEOLOGY <br />RECLANATIO N-MINING <br />SAFETY.SCIENCE <br />Bill Owens <br />Governor <br />Greg E. Walther <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />? V/ <br />Permit No. M 1978-222-UG, Financial Warranty Reduction Approval, Revision <br />On August 18, 2003 the Division of Minerals and Geology approved your request for a Financial Warranty Reduction <br />to $1,420.00. Please provide a rider to the current Financial Warranty, or submit a new financial Warranty reflecting <br />this amount. If you wish to submit a different type of Financial Warranty, please contact our office for the applicable <br />fonn. <br />The Financial Warranty Reduction approval is for all earthwork and closures completed and the release of all portions of <br />the site except the Glreat Hesper. <br />If -you have any questions, please contact the at (970) 243-6368 or Barbara Chiappone, in the Deliver office, at <br />(303) 8664074. <br />Sincerely, <br />? e Steve S. Shuey <br />Environmental Protection Specialist <br />cc: Barbara D. Chiappone, Division of Minerals and Geology <br />0 <br />ii <br />Office of Colorado <br />office of Active and inactive Mines Geological Survey <br />i <br />Mined Land Reclamation