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December 4, 2012 Page two <br />Mr. Bob Oswald <br />Colorado Division of Reclamation, Mining and Safety <br />Re: Telluride Stone Company, Inc. <br />Airport Pit, File Number M- 2011 -013 <br />Request for Performance Bond Reduction pursuant to <br />Application for Technical Revision No. 2 <br />Additionally, TSC has completed reclamation, per our existing reclamation plan, of 2.5 acres to the far <br />west of our permitted area. I have therefore reduced the cost estimate calculator for Task 9: Revegetate <br />Disturbed Area from 9.5 acres to 7 acres. I did not amend or reduce any other Task calculators based on <br />7 acres instead of 9.5 acres. <br />Please feel free to contact the undersigned at the above phone number or Mr. John Gallegos at <br />970 - 209 -2008 if you have any questions regarding this application. <br />Sincerely, <br />g.,..LeAm <br />Karen E Moore <br />Telluride Stone Company Inc. <br />Office Manager <br />Attachments <br />CC: John Gallegos <br />File <br />TELLURIDE <br />STONE COMPANY <br />Post Office Box 3552 <br />Telluride, Colorado 81435 <br />Telephone: 970.728.6201 <br />Facsimile: 970.369.4568 <br />www.telluridestone.com <br />