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.This.:bondreplaces bond no. 11133252798 <br />issued by The American,Insurance Company effective 5-24-99 , <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY RECEIVED <br />Department of Natural Resou rces <br /> <br />1313 Sherman St., Room 215 <br />AU G 2 7 1999 utvts <br />to'J OF <br />M I N E R. A L S <br />Denver, Colorado 80203 RECEIVED <br />Phone: (303) 866.3567 of minerals & GW4Y G E O L O G Y <br /> <br /> <br />FAX: (303) 832-8106 <br /> <br />JUN 0 U 1999 <br />Lvt;MSATFET <br />Y <br />niNi <br /> Bill Ow?ns <br /> n of minerals & Geology <br />i <br />i <br />i ouvetnor <br /> o <br />s <br />v <br />D <br />FINANCIAL WARRANTY Greg E. Walther <br /> 1 Executive Director <br /> CORPORATE SURETY <br /> - ntichael B. Long <br /> Direvoe <br /> <br />Operator: Mobile Premix, Inc. by Western Mobile, Inc. <br />Operation: Howe Pit <br />Permit No.: M-78-052 BondNo.: 5996243 <br />Warrantor: Safeco Insurance Company of America <br />Street: Safeco Plaza <br />City: Seattle <br />State: Washington Zip Code: 98185 <br />Area Code: (206) Telephone: 545-5416 <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101 gt =q. (the "Act"), as <br />amended, provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the <br />"Board") receives a Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, <br />Mobile Premix, Inc. <br />(the "Operator"), a <br />Colorado corporation, has applied for a permit to conduct a mining operation known as <br />Howe Pit (the "Operation"), on certain lands in Adams County, <br />Colorado. These lands are described in the permit application, as amended and supplemented; and are referred <br />to herein as the "Affected Lands". <br />WHEREAS, in the application for the permit, the Operator has agreed to be bound by all requirements of <br />the Act and all applicable rules and regulations of the Board, as amended from time to time. <br />WHEREAS, in the application for the permit, the Operator has agreed with the Board to provide for <br />reclamation of the Affected Lands that are now, or may become, subject to the permit, as required by la?v.