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<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 />COLORADO <br />D I V1 S I ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />February 1, 2011 Mike King <br />Executive Director <br />Rocky Hoffschneider Jr. Loretta E. Pineda <br />Platte Sand & Gravel, LLC Director <br />P.O. Box 180 <br />Littleton, CO 80160 <br />Re: S & H Mine, Permit No. M-2000-158, Succession of Operators Approval, Revision No. SO-1 <br />Dear Mr. Hoffschneider Jr.: <br />On February 1, 2011, the Division of Reclamation, Mining and Safety approved the succession of operators from Platte <br />Sand & Gravel, LLC to Gilcrest Reservoir, L.L.C. for this operation. Gilcrest Reservoir, L.L.C. is now the permitted <br />operator of the S & H Mine, and as such, is responsible for all provisions in M-2000-158, as well as those specified in the <br />Rules and Regulations. <br />Enclosed are the following bond and the Performance Warranty you originally provided. <br />Bond Tyne <br />Guaranty Bank and Trust Company <br />STATE OF COLORADO <br />Bond Number <br /> <br />Bond Amount <br />$800,000.00 <br />This bond has been released it's entirety as of February 1, 2011 Division approval for the succession of operators. You <br />should advise your bank of this release by copy of this letter. <br />If you have any questions, please contact me. <br />Sincerely, <br />AhrlLg -/4/ ZA Jared L. Ebert na4 4j <br />Environmental Protection Specialist <br />Enclosures <br />Hand picked up `- <br /> <br />Office of Office of <br />Mined Land Reclamation Denver • Grand )unction • Durango Active and Inactive Mines