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<br />(NON-FLOATING BOND) <br />MINED LAND RECLAMATION BOARD <br />Department of Natural Resources <br />Room 615, 1313 Sherman Street Telephone: 892-3567 <br />Denver, Colorado 80203 <br />Premium: $250.00 per annum <br />RECLAMATION BOND Executed / in Single Copy <br />Permit / ( - <br />Reclamation Bond # 162E 145-5 <br />KNOW ALL MEN BY THESE PRESENTS, That we (I), KASLER CORPORATION and L. H. <br />WOODS & SONS, INC., a Joint Venture ------------------------------------- <br />------------------------------------------------------------------------- <br />of the County of San Bernardino , in the State of California <br />as Principal(s) and THE TRAVELERS INDEMNITY COMPANY <br />of 550 California Street San Francisco California 94104 , <br />a corporation organized and existing under the laws of the State of <br />Connecticut , and duly authorized to transact business in the <br />State of Colorado, as Surety, are held hereby and firmly bound unto the <br />State of Colorado, acting through the Land Reclamation Board in the <br />sum of TWENTY FIVE THOUSAND AND N01100 ----------------- ($ 25,000.00 <br />DOLLARS for the payment of which sum, well and truly to be made, we hereby <br />bind ourselves, and each of our legal representatives, executors, admini- <br />strators, successors and assigns, jointly and severally, firmly by these <br />presents. <br />WHEREAS, the Principal has applied for a life of the mine <br />open permit from the Mined Land Reclamation Board to conduct <br />excavation of select materials <br />f?y, harkfiii ----------- operations on the following premises, to wit: <br />Southeast 1/4, Section 7, Township 10 South, Range 80 West, Lake County, <br />Colorado