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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 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />March 4, 2011 <br />COLORADO <br />D IV IS I ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />Governor _ - _ r-- <br />Mr. Rudy Torres Mike King <br />Riverside Aggregates, LLC Executive Director <br />1750 County Road HH Loretta E. Pineda <br />Lamar, CO 81052 Director <br />Re: File No. M-2010-080, Friederichs Pit, 110c Decision Letter - Financial and Performance Warranty <br />Request - Construction Material Operation <br />Dear Mr. Torres: <br />On March 4, 2011, the Division of Reclamation, Mining and Safety approved your 110c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $19,600.00. 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 />ared L. Ebert <br />Environmental Protection Specialist <br />Enclosure: Performance Warranty form <br />cc: Tony Waldron, DRMS <br />Mary Rodriguez, DRMS <br />Office of Office of <br />Mined Land Reclamation Denver Grand Junction Durango Active and Inactive Mines