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r 30 <br />1-11c, ( ,4L <br />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 />Applicability <br />Filing Requirements <br />4) Financial Warranty: <br />3 <br />TRANSFER OF MINERAL RECLAMATION PERMIT <br />AND <br />SUCCESSION OF OPERATORS <br />APPLICATION PACKAGE <br />STATE OF COLORADO <br />To apply for a transfer please submit the following to the Division of Reclamation, Mining and Safety (the Division): <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />— &— <br />SAFETY <br />RECEIVED <br />JAN 0 3 2012 <br />iNvwer1 of Reclamation, <br />[ 1c� & Safety <br />This document applies to mining operations where the current penmitted mine operator wishes to transfer the Reclamation Permit <br />and permitted reclamation responsibilities to a Successor Operator (a new operator). Please follow the instructions provided in this <br />package for filing an application; Mineral Rules and Regulations and Construction Material Rules and Regulations Number 1 12 <br />(Permit Transfer application requirements) should also be reviewed prior to completing this form. <br />1) A "Transfer of Permit and Succession of Operator" application form, signed and notarized by an authorized <br />representative of BOTH the current permittee and successor operator; <br />2) The Application Fee of $115.00 for Hard Rock operations and $144.00 for Construction Materials operations; <br />3) A Performance Warranty Form bearing an original notarized signature of an authorized representative of the successor <br />operator; and, <br />A) You have the option to WAIVE YOUR RI(yI IT to a thirty (30) day processing time to allow the Division time <br />to recalculate the required financial warranty; or, <br />R) You may choose NOT TO WAIVE YOUR RIGHT to a thirty (30) day processing time. In such case, the <br />Division will recalculate the required financial warranty within sixty (60) days from the decision date (the date <br />the perniit is transferred to the Successor Operator). The required RECLAMATION BOND COULD BE <br />SUBSTANTIALLY INCREASED at that time. If the financial warranty is increased, you will then be required <br />to post the additional financial warranty. <br />This application package contains the "Transfer of Permit and Succession of Operator" application form, and a Performance <br />Warranty form for your use. Rule 4.3 of the Mineral Rules and Regulations and Rule 4.3 of the Construction Material Rules and <br />Regulations describes the various acceptable Financial Warranty types. Please contact the Division to obtain the appropriate <br />Financial Warranty form. <br />Upon submittal of this application, the application fee, and the replacement performance and financial warranties the Division will <br />transfer the permit to the Successor Operator. After the transfer is complete the Division will then review the reclamation costs of <br />the permitted operation. The Successor Operator will be notified, if additional reclamation bond is required, within 60 days of <br />approval if you do not wave your right to a decision within 30 days. The Division will notify both operators upon completion of the <br />permit transfer. 07 i D <br />at.e 2//5 .20/2 <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines <br />