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Mining Plan <br />The Mine will be operated as an intermittent operation un <br />as mine operations are terminated. Activities similar t <br />have occurred since the acquisition will continue to tak <br />full production resumes. As the market for uranium an <br />dictates, the Mine may operate continuously at full or par <br />under the permitted mining plan as proposed in this techn <br />request for unknown lengths of time, or it may be mai <br />"ready" state for periods in excess of 180 days. Likewise, <br />operate at some degree between these two extremes. <br />intermittent operation, the Mine and its facilities will be <br />managed in preparation for operation. Nineteen ninety-sev <br />could potentially include drift development in March to <br />production in July. <br />Known economic reserves remaining in the Mine are approxim <br />tons based on current economic design parameters. In add' <br />tons of reserves are expected to be encountered. Product <br />reserves will be dependent on the market and the timin <br />factors associated with utilizing the Mine as an intermitte <br />The anticipated mine production life is; however, expecte <br />years (i.e., six years production from current reserves p <br />production from expected additional reserves). <br />Sincerely, <br />COTTER CORPORATION <br />Glen Williams, Manager <br />Western Slope Operations <br />DD /tlt <br />jd8tcee2.dd <br />• • <br />Division of Minerals & Geology <br />Permit No. M -84 -014, JD -8 Mine <br />January 15, 1997 - Page 3 <br />Conclusion <br />Since February, 1987, Cotter has operated the JD -8 <br />intermittent operation. The activities which ensued <br />mining operations under the current defini <br />Mineral Rules and Regulations. As such, the tempora <br />designation for the Mine should be withdrawn. Alternati <br />proposes to continue its operation of the JD -8 Mine as an <br />operation until mining is terminated, at which time t <br />reclamation plan will be implemented. Accordingly, a techn <br />to permit M -84 -014 is requested to allow for inter <br />operations with periods of inactivity in excess of 180 day <br />it such time <br />those which <br />place until <br />/or vanadium <br />: ial capacity <br />cal revision <br />s tained in a <br />the Mine may <br />s an active <br />continuously <br />n activities <br />prepare for <br />tely 245,000 <br />tion, 61,200 <br />ion from the <br />of unknown <br />t t operation. <br />to be eight <br />us two years <br />Mine as an <br />since then <br />ion in the <br />y cessation <br />v ely, Cotter <br />i ntermittent <br />i e permitted <br />cal revision <br />ittent mine <br />If there are any questions regarding this information, plea 4e call me at <br />(970) 864 -7347. <br />