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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <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 />June 25, 2009 r/ <br />William Collins <br />Jubilee Venture, LLC. <br />19754 E. Euclid <br />Centennial, CO 80016 <br />T -1 <br />JUN 2 9 2009 <br />DWk4a of ReclammdOfl, <br />Mip" and Safety <br /> <br />64?? <br />.1? ? <br />Re: Jubilee Venture, Notice of Intent I NOI) P-2009-015, DRMS Review and <br />Reclamation Liability Estimate =/ <br />Dear Mr. Kramer, <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />The Division of Reclamation, Mining and Safety (DRMS) finished the review of Jubilee Venture's <br />application for the above referenced Notice of Intent. All application issues appear to have been <br />addressed to meet the minimum requirements of the Rules and Act. <br />The final issue is acceptance of the reclamation liability estimate. Staff has calculated the liability to be <br />$15,450.00 if bentonite plugs are required or $13,725.00 if not. Another question is the PLS/acre for <br />sagebrush which could also reflect a change in the overall costs downward. PleasE! review the <br />estimate. If it is acceptable staff needs confirmation of acceptance. If there are issues please contact <br />staff as soon as possible to review and discuss them. <br />BLM Snake River has been copied the estimate. BLM needs to confirm whether bentonite will be <br />required and the sagebrush pls/ per acre. DRMS also needs confirmation of acceptance of the bond <br />amount prior to issuing its final decision. <br />If you need additional information, please contact me at the Division of Reclamation, Mining and <br />Safety, Grand Junction Field Office, 101 S. 3rd St., Suite 301, Grand Junction, Colorado 81501, <br />telephone no. 970.241.1117. <br />Sincerely, <br />G. Russell Means <br />Environmental Protection Specialist <br />Cc: Jennifer Maiolo, BLM Snake River Field Office <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines