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ANNUAL REPORT
<br /> INSTRUCTIONS
<br /> According to C.R.S. 34-32-116(3), and C.R.S. 34-32.5-116(3)(a), on the anniversary date of the permit each year,
<br /> the operator shall submit a report and a map showing the extent of current disturbances to affected land,
<br /> reclamation accomplished to date and during the preceding year,new disturbances that are anticipated to occur
<br /> during the upcoming year, and reclamation that will be performed during the upcoming year. Please attach such
<br /> a report and map to enclosed annual report form. (An adequately labeled map that clearly delineates and includes
<br /> the above elements may suffice for a written report.)
<br /> If your operation is subject to the provisions of Temporary Cessation as defined in the Act and Rules,you must
<br /> provide with the Annual Report the following information as required by 2 CCR 407-1, 407-4, and Rules
<br /> 1.13.7(1)(a):
<br /> (I) the condition of the operation at the time of cessation;
<br /> (ii) what specific measures have been and will be implemented to comply with reclamation,
<br /> performance standards and Environmental Protection Plan requirements, if they are part of your
<br /> approved application; and
<br /> (iii)plans for resumption of mining operations.
<br /> Please provide the additional following information with your Annual Report, as applicable:
<br /> (a) Per the requirements of 2 CCR 407-1,407-4, and Rules 1.15(1),provide an updated statement
<br /> regarding the sufficiency of the value of the Financial Warranty, specifically:
<br /> (I)Per the requirements of 2 CCR 407-1,407-4,and Rules 1.15(1)(a), provide an updated
<br /> statement regarding the sufficiency of the value of the financial warranty. Specifically,
<br /> irrevocable letters of credit, Deeds of Trust, and security agreements, self-insurance, salvage
<br /> credit, and first priority liens on project related fixtures.
<br /> (ii)Per the requirements of 2 CCR 407-1,407-4, and Rules 1.15(1)(b),permits secured with a
<br /> Deed of Trust or a Security Agreement,the operator shall submit an update,by a qualified
<br /> independent appraiser,indicating any changes in property value, and a statement summarizing
<br /> any circumstances which may affect the adequacy of the Deed of Trust, or Security Agreement,
<br /> and the value of the property subject to either of these instruments.
<br /> The report shall also provide proof that there are no past-due property taxes.
<br /> (iii)Per the requirements of 2 CCR 407-1,407-4, and Rules 4.7(3),permits secured with an
<br /> Irrevocable Letter of Credit,the operator shall have the bank provide documentation in the form
<br /> of a balance sheet, certified by a Certified Public Accountant, demonstrating that the
<br /> Letter of Credit does not exceed ten percent(10%)of the bank's capital surplus accounts.
<br /> (vi) Per the requirements of 2 CCR 407-1,407-4, and Rules 4.9.3(c),permits secured by a First
<br /> Priority Lien on any fixtures and Equipment, the operator shall provide a report in sufficient
<br /> detail to fully describe the condition, value,and location of all pledged fixtures
<br /> and equipment.
<br /> (b)Per the requirements of 2 CCR 407-1,407-4, and Rules 1.15(1)(c), all monitoring information
<br /> required as part of the approved permit application,to include the Environmental Protection Plan.
<br /> (Please note that if you are not a Designated Mining Operation,you will not have an Environmental
<br /> Protection Plan as part of your approved permit.)
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