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<br />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 />June 2, 2011 <br />Buffalo Peaks Mining Co., LLC <br />Robert Treat <br />7802 County Road 120 <br />Salida, CO 81201 <br />Re: Bullger Basin Placer, Permit No. M-1985-022, Inadequate Submittal of Succession of Operators Financial <br />Warranty and Performance Warranty, S01 ./ <br />Dear Mr. Treat: <br />On May 31, 2011, the Division of Reclamation, Mining and Safety received a Succession of Operators Application and a <br />Performance Warranty for the Bullger Basin Placer, Permit No. M-1985-022. The Division is requesting the following items: <br />Financial Warranty <br />You selected Option B on the Succession of Operator application but the Financial Warranty was not enclosed. <br />Until the Division receives the financial warranty the Division cannot process this SO. Please submit a Financial <br />Warranty of your choice in the amount of $128,461.00. All financial warranty forms are on our website at <br />www.mining.state.co. <br />If you rather use Option A, where you do not include a financial warranty, then pleases replace the first page of the <br />Transfer of Permit and Succession of Operators Application with Option A initialed and dated. <br />Performance Warranty: <br />The Division must receive the Original signed, sealed, notarized performance warranty, not a copy. <br />Upon completion, please return these documents to my attention. <br />If you have any questions, please do not hesitate to call me at (303) 866-3567 ext. 8114. <br />Sincerely, <br />?i. ?'l?2 6L41'?..?- <br />Johanna Cramer <br />Corporate Compliance/Bonding Specialist <br /> <br /> <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />Office of <br />Mined Land Reclamation <br />Denver • Grand Junction • Durango <br />Office of <br />Active and Inactive Mines