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DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866 -3567 <br />FAX: (303) 832 -8106 <br />February 6, 2012 <br />Kris Helton <br />Vane Minerals, LLC <br />7400 North Oracle Road, Suite 131 <br />Tucson, Arizona 85704 <br />Weather Letter <br />Re: Coyote Basin, Notice of Intent (NOI), No.P- 2010 -010, Request for Financial Release, SL -01, Weather Delay. <br />Dear Mr.Helton; <br />On January 30, 2012, the Division of Reclamation, Mining, and Safety (Division) received your request for a full release of the <br />financial warranty and termination of the above referenced NOI. The release request in conjunction with the submitted final <br />abandonment reports meets the requirements of Rule 4.16.1. It is noted that the Bureau of Land Management (BLM) has been <br />noticed of the request as well. <br />Per Rule 4.16.3 the Division shall within thirty days of receiving said report, or as soon thereafter as weather conditions permit, <br />inspect the lands and reclamation to determine if the operator has complied with all applicable requirements. This letter is to <br />inform Vane Minerals that current ground conditions, primarily snow and access prevent the inspection of the site. Therefore an <br />inspection will be scheduled as soon as weather and ground conditions allow. This may be in late April or early May. <br />Concurrently, if the BLM is able to visit the site prior to a Division inspection and finds the site releasable the Division can accept <br />that assessment and approve the release. Staff will communicate with the BLM when weather improves to see which course of <br />action will take place. <br />If you need additional information, please contact me at the Division of Reclamation, Mining, and Safety, Grand Junction Field <br />Office, 101 S. 3rd St., Suite 301, Grand Junction, Colorado 81501, telephone no. 970.241.1117. <br />Sincerely, <br />G. Russell Means <br />Environmental Protection Specialist <br />Office of Office of <br />Denver • Grand lunction • Durango Active and Inactive Mines <br />Mined Land Reclamation <br />STATE OF COLOFADO <br />RECEIV <br />FEB 07201? <br />Division of Reclamation <br />Mining g Safety <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />— &— <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />