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'?g--2 <br />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 />John W. Hickenlooper <br />Governor <br />March 23, 2011 Mike King <br />Executive Director <br />Kay Blecha <br />Loretta E. Pineda <br />Jelen & Son, Inc. Director <br />P.O. Box 103 <br />Castle Rock, CO 80104 <br />Re: Willow Creek Mine, Permit No. M-1983-011, Succession of Operators Approval, Revision No. SO-2 <br />Dear Mr. Blecha: <br />On November 29, 2010, the Division of Reclamation, Mining and Safety approved the succession of operators from Jelen <br />& Son, Inc. to Mt. Elbert Mining Co., L.L.C. for this operation. Mt. Elbert Mining Co., L.L.C. is now the permitted <br />operator of the Willow Creek Mine, and as such, is responsible for all provisions in M-1983-011, as well as those <br />specified in the Rules and Regulations. <br />Enclosed is the following bond and the Performance Warranty you originally provided. <br />Bond Type Bond Number Bond Amount <br />Continental Insurance Company $5,000.00 <br />This bond has been released as of November 29, 2010 Division approval for the succession of operators. You should <br />advise your insurance company of this release by copy of this letter. <br />If you have any questions, please contact me. <br />9stin , <br />. Czapla <br />Environmental Protection Specialist <br />Enclosures <br />COLORADO <br />D I V I S I ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />CERTIFIED MAIL, NO. 7008 1 140 0003 4437 7313 <br />Return Receipt Requested <br />Office of <br />Mined Land Reclamation <br />Denver • Grand Junction • Durango <br />Office of <br />Active and Inactive Mines