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Kai/ (A 4A <br />STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />N a Q 7 <br />(` <br />1313 Sherman St., Room 215 <br />COLORADO <br />Denver, Colorado 80203 <br />D. V I S I O N O F <br />RECLAMATION <br />Phone: (303) 866 -3567 <br />MINING <br />FAX: (303) 832 -8106 <br />SAFETY <br />May 29, 2013 <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />David Dillon Director <br />Sandco Inc <br />P.O. Box 4440 <br />Durango, CO 81302 <br />Re: Walker Pit, Permit No. M- 1987 -044, Succession of Operators Approval, Revision No. SO -1 <br />Dear David Dillon: <br />On March 29, 2013, the Division of Reclamation, Mining and Safety approved the succession of operators <br />from Sandco Inc to Elam Construction, Inc. dba Sandco, Inc. for this operation. Elam Construction, Inc. dba <br />Sandco, Inc. is now the permitted operator of the Walker Pit, and as such, is responsible for all provisions in <br />M -1987 -044, as well as those specified in the Rules and Regulations. <br />Enclosed are the following bond(s) and the Performance Warranty you originally provided. <br />Bond Type(s) <br /> $3471.00 <br />Previously No. <br />-y- The original Letters of Credit are returned to Bank of Colorado for release. Copies are provided for your <br />records. These have been released as of March 29, 2013 Division approval for the succession of operators. <br />You should confirm with your bank of this release by copy of this letter. <br />If you have any questions, please contact me at 303 866- 3567,ext 8148. <br />Sincerely, <br />`04&15A✓ &2"� <br />Barbara Coria <br />Financial Assurance Specialist <br />Enclosures <br />CERTIFIED MAIL NO.7010 1060 0001 0936 3230, Return Receipt Requested <br />Mr. Mark Horn Certified Mail no. 7011 3500 0002 9605 8922,rtn receipt requested <br />Bank of Colorado <br />1199 Main Street <br />Durango, CO 81301 <br />Office of <br />Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines <br />