2010-11-24_PERMIT FILE - M2009076

• Permit No: M2009076
• IBM Index Class Name: PERMIT FILE
• Doc Date: 11/24/2010
• Doc Name: Decision Letter
• From: DRMS
• To: Venture Resources, Inc.
• Email Name: JLE
• Email Name: AJW
• Media Type: D
• Archive: No

STATE OF COLORADO
DIVISION OF RECLAMATION, MINING AND SAFETY
Department of Natural Resources
1313 Sherman St., Room 215
COLORADO
Denver, Colorado 80203 D I
V IE DSION OF
Phone: [phone] RECLAMATION
FAX: [phone] MINING
-
SAFETY
November 24, 2010 Bill Ritter, Jr.
Governor
Mr. Ryan J. McHale Mike King
Venture Resources, Inc. Executive Director
P.O. Box 1974 Loretta E. Pineda
Idaho Springs, CO 80452 Director
Re: File No. M-2009-076, Hukill Gulch Millsite,110d Decision Letter - Conditions, Financial and Performance
Warranty Request - Hard Rock Mining Operation
Dear Mr. McHale:
On November 24, 2010, the Division of Reclamation, Mining and Safety approved with conditions your 110d mining
permit application. The conditions to the approval are noted below:
Stipulation:
1.) Venture Resources, Inc. may impound a limited amount of tailings to buildout through Bench #2 in accordance
with the approved mining and reclamation plan. Prior to proceeding to construct Bench #3 through Bench #5,
Venture Resources, Inc. must submit and obtain approval of a technical revision to demonstrate the
impoundment will meet the minimum factors of safety prescribed by the Division for the entire buildout through
Bench #5. The technical revision will include appropriate geotechnical and stability analyses, based on actual
field data obtained during the construction of Benches 1 and 2, demonstrating off-site areas will be protected.
The amount of financial warranty set by the Division for this operation is $96,827.69. You must submit a financial
warranty in this amount and a performance warranty in order for us to issue a permit. In the event you have requested a
financial warranty form, we have enclosed it in this letter. If you have not, please select a type of financial warranty from
Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. We have enclosed a
performance warranty form with this letter for your use.
PLEASE, NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN
ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND PERFORMANCE
WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR
FINANCIAL WARRANTY AND PERFORMANCE WARRANTY.
If you have any questions, please contact me.
Sincerely,
Jared L. Ebert
Environmental Protection Specialist
Office of Office of
Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines