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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 13, 2012 <br />Mr. Alan Parkerson <br />Parkerson Construction, Inc. <br />710 S. 15th St <br />Grand Junction, CO 81501 <br />Re: 31 Road Pit, Permit No. M- 1987 -178, Financial Warranty Increase, Revision No. SI -1 <br />Dear Mr. Parkerson: <br />On February 13, 2012 the Division of Reclamation, Mining and Safety increased the current Financial <br />Warranty for this permit to $194,642.35, in accordance with Rule 4.2.1 of the Rules and Regulations. This <br />is an increase of $84,816.35. <br />The Division ordered amendment of the current Financial Warranty or submittal of a new Financial <br />Warranty reflecting the increase, within 60 days from the date of this letter. If you wish to submit a <br />different type of Financial Warranty, please contact me such that I may send you the applicable form. <br />If you have any questions, please contact me. <br />Sincerely, <br />Travis H. Marshall <br />Environmental Protection Specialist <br />cc: Steve Shuey, DRMS <br />STATE OF COLORADO <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 />Office of Office of <br />Mined Land Reclamation <br />Denver • Grand Junction • Durango Active and Inactive Mines <br />