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<br />STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Slrennan 51.. Room 215 <br />Denver. Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 8328106 <br />Operator: <br />Operation: <br />Permit No.: <br />Bank: <br />Street: <br />?M 1 <br />DC ?Z ?f9 rCOLORADO <br />200 IV131ON OF <br /> <br />FINANCIAL WARRAN'PY <br />CERTIFICATION OF DEPOSIT <br />RECLAMATION <br />MINING <br />SAFETY <br />Wildcat Mining Corporation L"/ <br />Mayday Mine <br />M 1981-185 <br />First National Bank <br />259 W. 9th Street <br />City: Durango <br />State: DWaRW Co I Or &ct tip Code: 81301 <br />Area Code: 970 Telephone: 247-3020 FAX: <br />This forth has been approved by the Wined Land Reclamation Board pursuant to sections 34-32-117, GRS, <br />of the Mined Land Reclamation Act and 34-3Z5-11 7, CRS., of the Colorado Land Reclamation Act for the <br />Extraction of Construction Materials. Any alteration or modification of this form, without approval by the <br />Board shall result in the financial warranty being invalid and result in the voiding of any permit issued in <br />conjunction with such invalid financial warranty and subject the operator to cease and desist orders and civil <br />penalties for operating without a permit pursuant to sections 34-32-123, CRS., of the Mined Land <br />Reclamation Act and 34-32.5-123, C.RS, of the Colorado Land Reclamation Act for the Extraction of <br />Construction Materials. <br />KNOW ALL Mh24 BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.RS.1973, 3432-I01, et M. (the "Act"), as amended, <br />provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the "Board") receives a <br />Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, Wildcat Mining Corporation (the "Operator), a <br />-,s''r-010,fa dz L corporation, has applied for a permit to conduct a mining operation known as <br />Mayday Mine (the "Operation"), on certain lands in La Plata County, Colorado. These <br />lands are described in the permit application, as amended and supplemented, and are referred to herein as the "Affected <br />Lands." <br />WHEREAS, in the application for the permit, the Operator has agreed to be bound by all requirements of the Act <br />and all applicable rules and regulations of the Board, as amended from time to time. <br />Bill RitW u. <br />Goremw <br />Hams D. Shenum <br />RonaN W. GGany <br />Division Dire= <br />NakxA Resourm Trustee <br />po <br />Office of office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines