2011-07-29_PERMIT FILE - P2011014

• Permit No: P2011014
• IBM Index Class Name: PERMIT FILE
• Doc Date: 7/29/2011
• Doc Name: Response to NOI Appl. Adequacy Review.
• From: Climax Molybdenum
• To: DRMS
• Email Name: PSH
• Media Type: D
• Archive: No

r ' Climax Molybdenum
July 29, 2011
A Freeport McMoRan Company
DRMS — Hand Delivered
Peter Hays
State of Colorado
Division of Reclamation, Mining and Safety
Department of Natural Resources
1313 Sherman St., Room 215
Denver, CO 80203
NON COMFDEN'T1AL
RE: Clip�nnax Molybdenum; Red Mountain Exploration Drilling; File No. P- 2011 -014
response to NOI Application Adequacy Review
COLORADO OPERATIONS
Henderson Mine
P.O. Box 68
Empire, CO 80438
Phone [phone]
Fax [phone]
RECEIVED
uL 29 2011
Division ui AeCA.Jnation.
Mining and Safety
Dear Mr. Hays:
This letter is in response to your letter dated July 12, 2011, to the Climax Molybdenum Company,
Henderson Operations (Henderson) concerning the above referenced prospecting notice. In your letter
you requested that Henderson address three items. The items are restated below and followed by our
response.
Item 1
Item 2
Item 3
The Applicant has stated verbally that all information regarding the Red Mountain Exploration
Drilling project is non - confidential. Please confirm this statement and provide a signed letter on
company letterhead to this affect as evidence that all information pertaining to this NOI is non
con - confidential.
Response to Item 1
Henderson confirms that all information pertaining to the Red Mountain Exploration Drilling
project NOI is non - confidential.
Please provide an estimate of the amount of material to be extracted, moved or proposed to be
moved on Page 3, Section 111, Item #9 (item 3of form 1) of the application forms.
Response to Item 2
The material to be extracted or moved will be from the drill holes. The holes will be three inches
in diameter and the total amount drilled will be up to 50,000 feet. This will produce approximately
91 cubic yards of material. The material will be in the form of core and drill cuttings.
The Division prepared a reclamation cost estimate for the Red Mountain Exploration Drilling
project based on the information provided by the Applicant in the NOI. The Division estimates
that the total cost to reclaim the site is $71, 000.00. A copy of the estimate is enclosed for your
review. Prospecting operation may not commence until a bond is submitted and approved by the
Division.
Response to Item 3
A signed and sealed One Site Prospecting Financial Warranty Check For Deposit in State
Treasury form and a check for $71,000.00 is attached. A signed W -9 form is also attached.
RECEIVED
JUL 2 9 2011
Division OT mectia iaci'I.,
Mining and Safety