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f4t,.s/zot,() 4- <br />L.G. EVERIST, INC. <br />< <br />August 10, 2011 <br />Mr. Eric Scott <br />Division of Reclamation, Mining and Safety <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Via Certified Mail # 7006 2150 0003 6779 7293 <br />RE: Firestone Gravel Resource, M- 1996-052, Financial Warranty Increase for Revision AM -1, <br />and change of Status to Active v° <br />Dear Mr. Scott: <br />L. G. Everist, Inc. is submitting the increased Financial Warranty as required to finalize Firestone Gravel <br />Resource, M- 1996 -052, Revision AM -1, and with the increase in the bond to the full amount, we request <br />the change from Temporary Cessation to Active Status. <br />The Division approved an amendment for the Firestone Gravel Resource, Revision AM -1, on September <br />10, 2010. With this revision, the required financial warranty increased from $49,450 to $509,900. This is <br />an increase from the current bond of $460,450. Currently, the Division holds a bond from L.G. Everist for <br />the amount of $49,450. Rather than have two separate bonds, L.G. Everist is submitting a new bond for <br />the total amount of $509,900. Once the Division has received and approved the increased bond, please <br />return the currently -held bond to the attention of: Steve Mousel, L.G. Everist, Inc., 300 S. Phillips Avenue, <br />Suite 200, Sioux Falls, South Dakota, 57104. <br />If you need anything else for the Financial Warranty and change of status from inactive to active, please <br />feel contact me at the above address, or 303 - 286 -2247, or Imshults @Igeverist.com. <br />Sincerely, <br />Lynn Mayer Shults <br />Regulatory Manager <br />cc: Dennis Fields, L.G. Everist, Inc. <br />Steve Mousel, L.G. Everist, Inc. <br />Steve O'Brian, Environment, Inc. <br />FIRE - DRMS- FinancialWarranty- 08101 <br />RECEIVED <br />4*UG 152011 <br />.L Division u. r.euw- nation, <br />Mining and Safety <br />ie1 / /q6 - asp. <br />CORPORATE OFFICE <br />300 S. PHILLIPS AVE. • SUITE 200 <br />P.O. BOX 5829 <br />SIOUX FALLS, SD 57117 -5829 <br />PHONE 605- 334 -5000 <br />FAX 605 - 334 -3656 <br />MOUNTAIN DIVISION <br />7321 E. 88TH AVENUE • SUITE 200 <br />HENDERSON, COLORADO 80640 <br />303 - 287 -9606 <br />FAX 303 - 289 -1348 <br />