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<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 />COLORADO <br />D I V I S I ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />May 17, 2011 Mike King <br />J Executive Director <br />Lowell Klinglesmith <br />Lowell Klinglesmith & Lenny Klinglesmith Loretta E. Pineda <br />Director <br />7576 CR 13 <br />P.O. Box 1164 <br />Meeker, CO 81641 / / <br />Re: K-Bar-T Pit, Permit No. M-1978-221, Succession of Operators Approval, Revision No. SO-4 <br />Dear Mr. Klinglesmith: <br />On October 7, 2009, the Division of Reclamation, Mining and Safety approved the succession of operators from Lowell <br />Klinglesmith & Lenny Klinglesmith to #17 Enterprises, LLC for this operation. #17 Enterprises, LLC is now the <br />permitted operator of the K-Bar-T Pit, and as such, is responsible for all provisions in M-1978-221, as well as those <br />specified in the Rules and Regulations. <br />Enclosed are the following bond and the Performance Warranty you originally provided. <br />Bond Type Bond Number Bond Amount <br />Mountain Valley Bank -Certificate of Deposit $4,000.00 <br />This bond has been released in its entirety. You should advise your bank of this release by copy of this letter. <br />If you have any questions, please contact me. <br />Acer <br />1, 6 a4" <br />Marsha <br />ll <br />Environmental Protection Specialist <br />Enclosures <br />CERTIFIED MAIL, NO. 7001 2510 0004 2146 0364 <br />Return Receipt Requested <br />STATE OF COLORADO <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines