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®' CONSTRUCTION, INC. <br />556 Struthers Avenue <br />Grand Junction, CO 81501 -3826 <br />(970) 242 -5370 Fax (970) 245 -7716 <br />www.elamconstruction.com <br />March 25, 2013 <br />RECEIVED <br />Colorado Division of Reclamation, Mining and Safety <br />1313 Sherman St. MAR 2 9 2013 <br />Room 215 <br />Denver, CO 80203 DIVISION OF RECLAMATION <br />MININGAND SAFETY( <br />RE: Permit M- 1987 -064; Succession of Operator and Name Change in Operation <br />Staff, <br />Attached to this letter is a completed Succession of Operator Application for the above referenced <br />Reclamation Permit. In reviewing the Permit file I have discovered a discrepancy in the name of the Pit. <br />The original operation name, and that currently referenced by the DRMS is the Dalton Land & Cattle. <br />However, during the processing of an Amendment (AM -01) in 2004, the operator, Sandco, Inc. <br />requested a change in name to the Sandco Pit. This request is evidenced by a letter dated May 17, 2004 <br />and a correction letter dated June 3, 2004. Division correspondence from that date forward and even in <br />the final approval letter dated October 8, 2004 acknowledged the name change to the Sandco Pit. <br />However, the Division through all subsequent correspondence (field inspections and annual reports) <br />continue to refer to this operation as the Dalton Land & Cattle. <br />With the Division's review and subsequent approval of the Succession of Operator Application, I am <br />formally requesting a change in the operation name to the Dillon Ranch Pit. This name change is <br />reflected on the enclosed Succession of Operator application, Performance Warranty and the Financial <br />Warranty. <br />The following items are attached for the Division to complete this request: <br />• Succession of Operator Application <br />• Performance Warranty <br />• Financial Warranty, Corporate Surety (Third Party) <br />• Check in the amount of $144 for the Application Fee <br />• Statement of Merger — Documenting Elam as the surviving entity <br />• Proof of Trade Name as Sandco, Inc. <br />• Corporate Consent identifying Todd Bauer as President <br />• Lease Agreement demonstrating legal right to enter property. <br />