Laserfiche WebLink
The Hopemore Shaft reclamation estimate is $30,000 and an Irrevocable Letter of Credit remains <br />in place for $30,500 from the First Mountain Bank of Leadville, CO. The Leadville Mill <br />reclamation estimate is $51,700 and an Irrevocable Letter of Credit remains in place for $51,700 <br />from the Bank of Colorado of Yuma, CO. <br />Care and maintenance activities have occurred during the past year at both the mine and mill. <br />Additionally, major permitting efforts are underway at the mill. The mine property is physically <br />separated from the mill property and the activities at each property are reported below: <br />Hopemore Shaft: <br />1) The Hopemore Shaft continues operation as a tourist mine, but does not produce ore as an <br />active mine. <br />2) Permanent metal mine permit identification signs are maintained at the entrance to the <br />facility and on the mine building, identifying the permitee and permit number. <br />3) Permit boundary stakes are maintained as required. <br />4) Rehabilitation of the underground levels continued for tourist access. <br />5) Rehabilitation of the cage and mantrip continued. <br />6) Work continued on the tourist surface facilities/dry facilities. <br />7) Rehabilitation of the surface air compressors continued. <br />8) Construction of board walks, parking and view deck continued. <br />9) Sediment control measures were performed as required (cleaning culverts and <br />maintaining berms and roads at the entrance of the facility). <br />10) The weed control plan was implemented as required. <br />11) The Hopemore shaft does not meet the APEN submittal requirements as a tourist mine. <br />Leadville Mill: <br />1) Quarterly water quality sampling from monitoring well MW-1 continues. MW-1 had <br />insufficient water in the well during the summer, fall and winter sampling periods. The <br />sampling reports are presented in Appendix 1. A spring sample will be taken before the <br />end of June 2011 and reported with the next annual report. <br />2) Permanent metal mill permit identification signs are maintained on the main gate to the <br />facility and on the mill building, identifying the permitee and permit number. <br />Additionally, no trespassing signs and warning signs are maintained on the property <br />boundary (which includes the permit boundary) fence. The barbed wire property <br />boundary fence is repaired and tightened as needed. <br />3) Permit boundary stakes are maintained as required. <br />4) The mill buildings are maintained in preparation of reconditioning and restarting the mill. <br />The mill equipment continues to be operated as part of maintenance testing, but no <br />material has been processed by the equipment. <br />5) Sediment control measures are performed on an as needed basis (temporary silt fence <br />construction around the ore stockpiles). Additionally, culverts are cleaned, berms <br />maintained and roads maintained as required. <br />6) Ore stockpiles are covered with visqueen material as a temporary measure to minimize <br />acid generating potential of sulfitic ores. This visqueen material remains in place as long <br />as the material remains in place. This material has been replaced in June 2011 on all <br />three piles. <br />Annual Report M1990-057 June 10, 2011