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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 />January 11, 2013 <br />Mr. John Gallegos <br />Telluride Stone Company Inc. <br />PO Box 3552 <br />Telluride, CO 81435 <br />Re: Airport Pit, Permit No. M- 2011 -013, Technical Revision Approval, Revision No. TR -2 <br />Dear Mr. Gallegos: <br />On January 7, 2013 the Division of Reclamation, Mining and Safety approved the Technical Revision <br />application submitted to the Division on December 7, 2012, addressing the following: <br />Reduce maximum size of pit to 0.3 acre. <br />The terms of the Technical Revision No. 2 approved by the Division are hereby incorporated into Permit <br />No. M- 2011 -013. All other conditions and requirements of Permit No. M- 2011 -013 remain in full force and <br />effect. <br />The Division has estimated the new reclamation liability amount of $32,690.00, which exceeds the <br />$59,113.00 bond(s) currently held. The revised reclamation cost figures are in the enclosed cost summary. <br />You also submitted a bond reduction request (revision no. SR -1) for the reduced amount associated with this <br />technical revision. The Division's decision on that bond reduction request are contained in a separate letter. <br />If you have any questions, please contact me at the Division's Durango Field Office: 691 CR 233, Room A- <br />2, Durango, CO 81301; telephone 970 - 247 -5193. <br />Sincerely, <br />J <br />Bob Oswald <br />Environmental Protection Specialist <br />Enclosure: revised reclamation cost summary <br />Ec(w /out encl): Russ Means, DRMS Grand Junction <br />Barbara Coria, DBMS Denver <br />(c: \13 -01 docs\Airport TR2 Appr /rco) <br />Office of <br />Mined Land Reclamation <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. Pitteda <br />Director <br />Office of <br />Denver • Grand Junction • Durango Active and Inactive Mines <br />