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<br />STAILOF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources AUG 0 8 2003 <br />1313 Sherman St., Room 215 COLORADO DIVISION OF <br />Denver, Colorado 80203 Division of Minerals and Geo1o MINERAL S <br />Phone: (303) 866-3567 9Y <br />FAX: (303) 832-8106 G E OLO G Y <br />RECLA M <br />ATION-MINING <br />Y-SCI ENCE <br />PERFORMANCE WARRANTY SA FE T <br />Bill Owens <br />Governor <br />Greg E. Walcher <br />/ Executive Director <br />Operator: ?? CL.[?i??Il??/?1ENT L ??? Ronald W. Cattany <br />/d s r /? l ntl Division Director <br />??? C-1/? Natural Resource Trustee <br />Operation: 49/l4 i2 Y c ' <br />Permit No: - o? Dd 3 - 00;7- <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 34-32-101 et M. (the "Act"), as <br />amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials, <br />C.R. S. 34-32.5-101 et sec. (the "Act"), as amended, provides that no permit may be issued under the Act <br />until the Mined Land Reclamation Board (the "Board") receives a performance warranty (or warranties) that <br />is a written promise to comply with all applicable requirements of the Act. <br />WHEREAS, J??? LLiFF?1?y?-S?itiE[?Ts'f LLC (the "Operator"), has applied for a <br />permit to conduct a mining operatio known as dos i k wk_ 6 R yr t Pir (the <br />"Operation")'on certain lands in ?t Eg fi? 1-td County, Colorado. These lands are described <br />in the permit application, as amended and supplemented, and are referred to herein as the "Affected Lands". <br />WHEREAS, in its application for the permit, the Operator has agreed to be bound by all <br />requirements of the Act and all applicable rules and regulations of the Board, as amended from time to time. <br />WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of <br />reclamation with regard to those affected lands in 17GIER, ?[Jo _ County which are now or may <br />become subject to the permit are those amounts for the stated periods of time as set forth in the financial <br />warranty, which may be amended from time to time to reflect revised estimates of said costs of reclamation. <br />WHEREAS, the Operator hereby gives the Board a performance warranty pursuant to <br />Section 34-32-117(2) or Section 34-32.5-117(2) of the Act, and herein promises the Board that it will <br />comply with all applicable requirements of the Act with regard to those Affected Lands. <br />NOW, THEREFORE, the Operator hereby promises the Board that it will comply with all applicable <br />requirements of the Act and rules and regulations of the Board with respect to the Affected Lands. <br />Office of <br />Mined Land Reclamation <br />Office of <br />Active and Inactive Mines <br />Colorado <br />Geological Survey