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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 />April 14, 2011 <br />Karl Nyquist Loretta E. Pineda <br />GP Ranches, LLC Director <br />7991 Shaffer Parkway- Suite 200 <br />Littleton, CO 80127 / <br />Re: West Farm Pit, Permit No. M-2008-078, Succession of Operators Approval, Revision No. SO-1 <br />Dear Mr. Nyquist: <br />On April 13, 2011, the Division of Reclamation, Mining and Safety approved the succession of operators from GP <br />Ranches, LLC to GP Aggregates, LLC for this operation. GP Aggregates, LLC is now the permitted operator of the West <br />Farm Pit, and as such, is responsible for all provisions in M-2008-078, as well as those specified in the Rules and <br />Regulations. <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Enclosed are the following bond and the Performance Warranty you originally provided. <br />Bond Type <br />Bond Number <br />Bond Amount <br />Citywide Banks <br /> <br />$88,802.00 <br />These have been released as of April 13, 2011 Division approval for the succession of operators. You should advise your <br />bank or insurance company of this release by copy of this letter. <br />If you have any questions, please contact me. <br />Sincerely, <br />akpj?Q AA? <br />Jared L. Ebert Environmental Protection Specialist <br />Enclosures <br />CERTIFIED MAIL NO. 7008 3230 0002 7252 9569 <br />Return Receipt Requested <br />cc: Todd Yee, J&T Consulting, Inc. <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines