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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 />4/8/2011 <br />Rick Domson <br />Breeze Basin Resources, Inc. <br />P.O. Box 181 <br />Hayden, CO <br />81639 <br />COLORADO <br />DIY [ S I O N O F <br />RECLAMATION <br />MINING <br />I?. j®(`- © t SAFETY <br /> John W. Hickenlooper <br /> Governor <br /> Mike King <br /> Executive Director <br /> Loretta E. Pineda <br />RECEIV51) Director <br />APR 13cJii <br />Division of Recismation, <br />Mining Grd 33afoty <br />RE: Frentress Gravel Pit, File No. M-2011-017, Construction Material Limited Impact (110) Operation <br />Reclamation Permit Decision Letter - Financial and Performance Warranty Request <br />Dear Mr. Domson: <br />On April 8, 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 ($28,500.00). A financial <br />warranty of the entire amount, as well as a performance warranty, 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. <br />8138 for submittal of the Financial Warranty. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN ISSUED BY DRMS <br />AFTER RECEIPT OF THE FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. A PERMIT WILL NOT BE <br />ISSUED UNTIL THE ADEQUACY OF BOTH THE FINANCIAL WARRANTY AND PERFORMANCE WARRANTY ARE <br />VERIFIED BY DRMS. <br />Office of Denver • Grand Junction • Durango Office of <br />Mined Land Reclamation Active and Inactive Mines