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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 />March 1, 2012 <br />Mr. Dave Schuler <br />Schuler Construction <br />4520 Ramah Highway <br />Yoder. CO 80864 <br />Re: Schuler Construction Pit # 1, Permit No. M- 2005 -002, Financial Warranty Reduction Approval, Revision <br />No. SR -1 <br />Dear Mr. Schuler: <br />On March 1. 2012 the Division of Reclamation, Mining and Safety approved your request for a Financial Warranty <br />Reduction to $10,000.00. This is a reduction of ($12,250). This decision reduces the amount of the financial warranty, <br />and does not approve any release of reclamation responsibility for the tasks associated with this request. <br />The $10,000.00 financial warranty is posted and accepted by the Division. <br />If you have any questions. please contact me. <br />Sincerely, <br />Berhan Keffelew <br />Environmental Protection Specialist <br />cc: Barbara J. Coria. Division of Reclamation. Mining and Safety <br />Office of <br />Mined Land Reclamation <br />STATE OF COLORADO <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W Wckenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta Pineda <br />Director <br />Office of <br />Denver • Grand Junction • Durango Active and Inactive Mines <br />