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AMA { <br /> June 7, 1977 <br /> Mine Land Reclamation Board <br /> Department of Natural Resources <br /> Denver, Colorado 80203 <br /> Gentlemen: <br /> I confirm that H. Stanley Dempsey is a duly elected <br /> Vice President of the Company and therefore authorized by <br /> virtue of his office to obligate the Company under Reclamation <br /> Surety Bonds BND2098578/79 , each in the amount of $25,000. <br /> Very truly yours, <br /> AMAX Inc. <br /> David George Ball <br /> Vice President <br /> and Secretary <br /> /mhd <br /> AMAX INC.• AMAX CENTER,GREENWICH,CONNECTICUT 06830 • TELEPHONE (2031 622-3000 • CABLES: AMAXMET, GREENWICH <br />