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q" 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 />April 12, 2010 <br />Mr. Charles Ponchak / <br />Consulting Geologist <br />15292 6050 Road <br />Montrose, CO 81403 <br />1W_-c <br />APR 16 2010 <br />Division ct P=iK, <br />Minirg and Safety <br />COLORADO <br />D I V I S I O N OF <br />RECLAMATION <br />MINING <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />James B. Martin <br />Executive Director <br />Re: Mount Sneffels Mining Company, LLC, Notice of Intent (NOI) File No. P-2009-03 1,ApprovaL <br />Dear Mr. Ponchak, <br />The Division of Reclamation, Mining and Safety has completed the review of the above referenced <br />Notice of Intent application. It appears that all issues have been addressed and the application meets the <br />requirements of the Act and Rules. Therefore staff is pleased to inform Mount Sneffels Mining <br />Company LLC that the Ruby Trust Drilling Project is approved. <br />Mount Sneffels Mining Company, LLC has accepted the bond estimate of $113,912.00. The USFS has <br />concurred on the bond amount. Please submit the proper bond amount to the Division's Denver Office, <br />Attention Elizabeth Taliaferro. The bond amount of $113,912.00 must be submitted by June 11, 2010 or <br />the NOI file may be terminated. Elizabeth can be reached at 303-866-3567, Ext. 8148 if there are any <br />questions regarding bond placement. <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. 970.241.2042. <br />Sincerely, <br />Travis Marshall <br />Environmental Protection Specialist <br />Cc: Steve Shuey, DRMS <br />Tammy Randall-Parker, USFS, Montrose <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines