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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 />RECEIVED <br />APR 3 0 2010 <br />Division of Reclamation, <br />Mining & Safety <br />FINANCIAL WARRANTY <br />LETTER OF CREDIT <br />Operator: <br />Operation: <br />Permit No.: <br />Bank: <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />Street: 10 ar i a,..1k,n" t r <br />City: ice,( <br />State: CS1 Zip Code: &0 U Z <br />Area Code: 3012 Telephone: 3 C S - 3( U <br />This form has been approved by the Mined Land Reclamation Board pursuant to sections 34-32-117, C.R.S., <br />of the Mined Land Reclamation Act and 34-32.5-117, C.R.S., of the Colorado Land Reclamation Act for the <br />Extraction of Construction Materials. Any alteration or modification of this form, without approval by the <br />Board shall result in the financial warranty being invalid and result in the voiding of anypermit issued in <br />conjunction with such invalid financial warranty and subject the operator to cease and desist orders and civil <br />penalties for operating without a permit pursuant to sections 34-32-123, C.R.S., of the Mined Land <br />Reclamation Act and 34-32.5-123, C.R.S., of the Colorado Land Reclamation Act for the Extraction of <br />Construction Materials. <br />KNOW ALL MEN BY THESE PRESENTS, THAT: _ <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101 et sec (the "Act"), as <br />amended, provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the <br />"Board") receives a Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, (the "Operator"), a <br />N /P, . <br />corporation, has applied for a permit to conduct a mining <br />operation known as I ?- (the "Operation"), on certain lands in <br />r 0 (? County, Colorado. These lands are described in the permit application, as amended <br />and supplemented, and are referred to herein as the "Affected Lands". <br />Office of Office of <br />IM - 2- CUS'S'- 01 cc .