2009-01-09_REVISION - M2003003 - Laserfiche WebLink

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Overburden and topsoil, which are to be stockpiled during mining, are to be replaced separately during reclamation. The revegetation cost was calculated for a 19-acre mining phase plus 4 acres of roads and processing area, and it now includes weed control. The revised bond amount is significantly higher, since the original bond calculation accounted for a smaller disturbed area: original phase 1 which was only 9 acres. The revised reclamation costs for this revision account for a larger phase 1 (up to 19 acres) as well as the higher unit costs that have increased since 2003. This bond amount is based on a requirement to concurrently reclaim disturbance as mining proceeds. If any of the items above were interpreted in error please contact me promptly. NOTICE OF BOND INCREASE This letter also serves as a notice of bond increase. I have included the packet of revised reclamation costs which reflect the new estimated for reclaiming the site during the phased mining operation. The new total bond amount is $118,787, which is an increase of $70,787 above the $48,000 corporate surety bond currently held. Pursuant to statute an operator must provide an bond increase within 60 days of the Division's notice. The 60- day_period ends on March 10, 2009. You may provide an increase rider to the current bond, submit a separate bond in the amount of the increase alone, or provide a replacement bond in the full amount. Which ever method is chosen to provide the increased bond, the (combined) total must be sufficient. Any of the bond forms you might need may be found on the Division's website (http //www.minin?, state.co.us) in pdf format. I encourage you to begin promptly to arrange for submitting the bond increase, since there are often delays in preparing the paperwork. The bond documents and all questions about those documents should be directed to Ms. Elizabeth Taliaferro at the Division's Denver office (see letterhead above). Her phone number is 303-866-3567 extension 8148. The enclosed packet of revised reclamation costs includes a summary page listing all tasks, followed by detailed pages of each individual task. Please review the packet and if you note any errors or omissions in the figures or equipment, please contact me promptly. I can be reached at the Division's Durango field office: 691 CR 233, Room A-2, Durango CO 81301; telephone 970-247-5193.- Sincerely, Bob swald Environmental Protection specialist Encl: 1/9/09 bond recalculation Ec(w/o encl): Steve Shuey, DRMS Grand Junction Elizabeth Taliaferro, DRMS Denver CERTIFICATE OF SERVICE: I, Bob Oswald, certify that I mailed a true and complete copy of the foregoing letter and its enclosure to the addressee at the address of record, by depositing it with the US Postal Service on the signature date shown below. (date) (signature) L TM- ( docs\amzak tr-1 appr fw incr nodreo)