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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />l :313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />June 12, 2006 <br />JUN 1 4 2006- <br />Y.- <br />COLORADO <br />COLORADO <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />RECLAMATION-MINING <br />SAFETY-SCIENCE <br />t31 t1 Owens <br />Governor <br /> Russell George <br />Ms. Mary Kauffman Executive Director <br />Jake Kauffman & Son, Inc. Ronald W. Cattany <br />808 SCR 9E Division Director <br />Loveland, CO 80537 Natural Resource Trustee <br />Re: Kauffman Pit, Permit No. M-1978-327, Financial Warranty Reduction Approval, Revision No. SR-1 <br />Dear Ms. Kauffman: <br />On June 6, 2006 the Division of Minerals and Geology approved your request for a Financial Warranty Reduction to <br />$84,440.00. This is a reduction of $207,660.00. <br />Please provide a rider to the current Financial Warranty, or submit a new Financial Warranty reflecting this reduction. If <br />you wish to submit a different type of Financial Warranty, please contact our office for the applicable form. The form <br />may also be obtained from our web pate at Utp-1/inining-state-ca-us <br />If you have any questions, please contact me at (303) 866-4943. <br />Sin y, <br />t <br />Oct <br />Erica S. Crosby <br />Environmental Protection Specialist <br />cc: Elizabeth Shelton, DMG <br />Office of Office of <br />Mined Land Reclamation Active and Inactive Mines <br />Colorado <br />Geological Survey