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October 25, 2011 <br />Attn: Jared Ebert <br />Division of Reclamation, Mining, and Safety <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />CARDER, INC. <br />P.O. Box 721 400 Fast Crystal Street <br />Lamar, CO 81052 <br />Phone (719) 336 -3479 Fax (719) 336 -0196 <br />RE: Financial/Performance Warranties <br />White Sand & Gravel Pit, File No. M -2010 -062 <br />Dear Mr. Ebert, <br />Carder, Inc. has received your letter requesting the Financial and Performance <br />Warranties for the White Sand & Gravel Pit. No activity has occurred at the permitted <br />location. It remains undisturbed rangeland. Due to unforeseen economic conditions no <br />sales opportunities exist in the geographic area of this permit. Carder, Inc. wishes to <br />request an extension of the 9 month time limit. We are requesting an additional 6 months <br />to submit the Financial and Performance Warranties. Your consideration of this request <br />is appreciated. <br />If you have additional questions or information that is required you may contact me at <br />(719) 336 -3479. <br />Sincerely, <br />Ron Peterson <br />Carder, Inc. <br />