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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 C O L O RA D O <br />Phone: (303) 866-3567 D I V I S ION O F <br />FAX: (303) 832-8106 RECLAMATION <br /> MINING <br /> <br /> SAFETY <br /> Bill Ritter, Jr. <br /> Governor <br />August 5, 2010 <br />Mike King <br /> Executive Director <br />Mr. Joe C. Baxter <br />Eastern Colorado Aggregates, R.L.L.L.P. Loretta E. Piheda <br />Director <br />P.O. Box 580 <br />Rye, CO 81069 <br />Re: File No. M-2010-008, Sikes Pit #2, 112c Decision Letter - Financial and Performance Warranty Request - <br />Construction Material Operation <br />Dear Mr. Baxter: <br />On August 5, 2010, the Division of Reclamation, Mining and Safety approved your 112c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $82,000.00. You must submit a financial <br />warranty in this amount and a performance warranty in order for us to issue a permit. In the event you have requested a <br />financial warranty form, we have enclosed it in this letter. If you have not, please select a type of financial warranty from <br />Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. We have enclosed a <br />performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me. <br />Sincerely, <br />Jared L. Ebert <br />Environmental Protection Specialist <br />Enclosure: Performance Warranty Form <br />cc: Baxter Kirkland, Eastern Colorado Aggregates, R.L.L.L.P. <br />Tony Waldron, DRMS <br />Office of Office of <br />Mined Land Reclamation Denver a Grand )unction o Durango Active and Inactive Miners