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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 />3/24/2011 <br />Tim Mantle <br />Lost Cause, LLC <br />27002 CR 5 <br />Rifle, CO <br />81650 <br />?N M <br />f?l - 2010 -08?{ <br />Rr.-CF-r4 <br />MAR 28 2011 <br />Division of RE;,lamation, <br />hiining a, u Jafety <br />COLORADO <br />D I V I S I O N OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />RE. Lost Cause Pond, File No. M-2010-084, Construction Materials Regular (110) Operation Reclamation Permit <br />Application Decision Letter - Financial and Performance Warranty Request <br />Dear Mr. Mantle: <br />On March 24, 2011, the Division of Reclamation, Mining and Safety (DRMS) approved the above noted permit <br />application. <br />The amount of financial warranty set by DRMS for this operation is an amount of ($7,000.00). A financial warranty of <br />the entire amount, as well as a performance warranty (form enclosed), must be submitted to DRMS before a <br />Reclamation Permit may be issued. <br />Please make arrangements with Mary Rodriguez at the DRMS Denver Office, phone no. 303.866.3567, ext. 8138 for <br />submittal of the Financial Warranty. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN ISSUED BY DRMS AFTER <br />RECEIPT OF THE FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL THE <br />ADEQUACY OF BOTH THE FINANCIAL WARRANTY AND PERFORMANCE WARRANTY ARE VERIFIED BY DRMS. <br />Please feel free to contact me, regarding any questions or concerns you may have, at the DRMS Grand Junction Field <br />Office <br />Office of <br />Mined Land Reclamation <br />Denver • Grand Junction • Durango Office of <br />Active and Inactive Mines <br />