2011-08-16_PERMIT FILE - M2011029

• Permit No: M2011029
• IBM Index Class Name: PERMIT FILE
• Doc Date: 8/16/2011
• Doc Name: Permit Issuance
• From: DRMS
• To: Jubilee Venture, LLC
• Email Name: DMC
• Media Type: D
• Archive: No

DIVISION OF RECLAMATION, MINING AND SAFETY
Department of Natural Resources
1313 Sherman St., Room 215
Denver, Colorado 80203
Phone: [phone]
FAX: [phone]
Permit Number:
Type of Permit:
Permit Date:
MINING AND RECLAMATION PERMIT
HARD ROCK/METAL MINING OPERATIONS
M- 2011 -029
112
August 16, 2011
(Anniversary date for annual report and fees purposes)
RECITALS
D. On August 10, 2011 the Board made the following findings:
STATE OF COLORADO
f42
COLORADO
DIVISION OF
RECLAMATION
MINING
— &—
SAFETY
John W. Hickenlooper
Governor
Mike King
Executive Director
Loretta E. Pineda
Director
THIS PERMIT is issued by the Mined Land Reclamation Board, Department of Natural Resources,
State of Colorado.
A. The Permittee, Jubilee Venture, LLC desires to conduct a mining operation known as Eagle
Mine, for the purpose of extracting Gold. Unless the permit is modified or a separate permit is issued to
cover the mining and /or recovery of other minerals or extractive products, the Permittee will not mine any
other commodities at this site.
B. On August 10, 2011 the Mined Land Reclamation Board (the "Board ") approved the
Permittee's application for this permit, fixed the amount of the financial warranty and directed that this
permit be issued upon the filing with the Division of Reclamation, Mining and Safety (the "Division ") of
performance warranty and financial warranty (or warranties) in the amount so fixed in form and substance
approved by the Division. Said warranties have been filed with the Division.
C. If the Permittee desires to extract materials other than those listed in (A), a separate permit
or a permit modification may be required.
1. The application for this permit complies with the requirements of the Colorado
Mined Land Reclamation Act, C.R.S. 34 -32 -101 et seq., as amended, and with all applicable local, state and
federal laws;
2. The operation will not adversely affect the stability of any significant, valuable,
and permanent man -made structure located within two hundred feet of the Affected Land, except where
there is an agreement between the Operator and the persons having an interest in the structure that damage
to the structure is to be compensated for by the Permittee or if such an agreement cannot be reached, an
engineering analysis establishes no damage will occur to the structure to the satisfaction of the Division and;
Office of Office of
Mined Land Reclamation
Denver - Grand Junction Durango Active and Inactive Mines