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06/08/2009 11:49 9702475104 DMG DURANGO OFFICE PAGE 05/09 <br />JUN-01-2009(MON) 11:09 FIRST SOUTHWEST BRNIi (FRX)9705653399 p.002/004 <br />(lA -- ao0cg - 010 <br />STAVE OF OLO DO <br />DIVISION OF REC~TIGl'Nj MINING AND 9AFk?Y 9D-()l <br />ed <br />so" <br />ec lv <br />I3WIMentaf Nmral kesoux" <br />131-1 Shtrftin St, noun 215 <br />Demwr,Colorado 6043 <br />Phmc-13031 BGW567 <br />JIM rj 1209 C O L(0) AA D 0 <br />v L <br />N O()FF <br />t <br />FAX, (303) 832$108 DI <br />C[.Ali+IA <br /> MINING <br /> <br /> <br />"w %own; lll R <br /> P <br />loa; Jr. <br />caanwr <br />'17ANSI' UR OF APPROVED M IiAL APPI ICA'TION ,r11'1D wras o. sbemw, <br />SUCCESSION OF PMURT AM ICANT ?awaAfra oaecror <br /> POnMId W. Cettany <br /> DITISkm DIM-am <br /> WANial keswce Tsuslee <br />I_ It tr 'l" <br />A. ()n 7Z,"\ 1 1 the Mined I.andlzftlamation Board of'tbe Colorado Deparlmmt <br />of Naltiml Resources (the "State") approved an application for a mining operation under C,R,S. ?32,?U1 at , or 34- <br />3 o. lot It M. from ? tae "Applicttut"),' ? <br />(address), and assigned Permit Appkira nn umber ?1- ???, ' <br />B. Tlie Applicant wishes to assign, tla approved AP licaao'n to r ? % 4, C ? G <br />(the "S°nB Or ?ddress), as Successor Applicant and the <br />Successor wishes to become Successor Permittee after all requirements,olfC.R.S. 34-32-101 g, _F?Mor 34-32.S-101 jd ,c, eg. <br />are met ud the permit may be ismiert. <br />IL, AGREEMENTS <br />Applir4at and Successor hereby agree., for their own bc"ef-zt and for the benefit ofzhe State, such agreements to be <br />ct'frotive immodiately upon the aPproval by the State of the transfer of the .Application from Applicant 1o Succemor, as <br />follows: <br />I. Saccamorhasinspected dieprQposedsite ofthtamining andreclamatloaopmtionsandilsfullyawarcoftlic <br />condittoa thereof. Succ+eMOr hits examined the application for the permit and is fully aware of its contmlts and status in tlic <br />pelmittattg-process. Successor thus understands and accepts the Application as it currently exists. <br />2. Successorundmian is the pfmmit for Mg Application cannot be issued until all applicable requirements of <br />C.P.S. 34-32-1014 seg. or 34.32.5-101 ct %&. ate met, including submission of adequate performance aad financial <br />warranties. <br />3. SuCCORRor understands that all cmumitnimbs acid obligations or the Applicant to the Mined Un6 <br />Realamnlion Board related to Lhis permit application and the approval become those of the Successor. <br />4, Successor repTsents to the StAtc that, to the licst of its knowledge, information attd bclicf, it is not in, <br />violation of say of the provisions of the Colorado Dined Land Reclam don Act wi4i resrpeat to any odtor opImition <br />conducted by it in the State of Colorado. <br />orsa, of <br />Mined Land rcc m mien Dancer , Grand junction - Dunn frlt of <br />Rb ACft? and hnQUivn Mipns