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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 RF-,:CE'V <br />Denver, Colorado 80203 R A D O <br />ION OF <br />t <br /> <br />Phone: (303) 866.3567 <br />MAY 3 2011 RECLAMATION <br />FAX: (303) 832-8106 NING <br /> P19tr4Non of Reclamation, -&- <br /> Mining &?ining and Safety <br />PERFORMANCE WARRANTY <br /> Bill Ritter, Jr. <br /> Governor <br /> Harris D. Sherman <br /> Executive Director <br />General Shale Brick <br />Inc <br />Directotor <br />Division Direc Ronald <br />r <br />, <br />. <br />Operator: Natural Resource Trustee <br />Stone City Mine <br />Operation: <br />M-1990-143 <br />Permit No: <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 any permit 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. 34-32-101 et sue. (the "Act"), as <br />amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials, <br />C.R.S. 34-32.5-101 et seg. (the "Act"), as amended, provides that no permit maybe issued under the Act until the <br />Mined Land Reclamation Board (the "Board") receives a performance warranty (or warranties) that is a written <br />promise to comply with all applicable requirements of the Act. <br />WHEREAS, General Shale Brick, Inc. (the "Operator"), has applied for a permit to <br />conduct a mining operation known as stone City Mine (the "Operation") on certain <br />lands in Pueblo County, Colorado. These lands are described in the permit application, as <br />amended and supplemented, and are referred to herein as the "Affected Lands". <br />WHEREAS, in its application for the permit, the Operator has agreed to be bound by all requirements of <br />the Act and all applicable rules and regulations of the Board, as amended from time to time. <br />WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of <br />reclamation with regard to those affected lands in Pueblo County which are now ormaybecome <br />subject to the permit are those amounts for the stated periods of time as set forth in the financial warranty, which <br />may be amended from time to time to reflect revised estimates of said costs of reclamation. <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction 9 Durango Active and Inactive Mines