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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 />June 3, 2013 <br />Miss JoAnn Vota <br />315 N. Sunburst Lane <br />Durango, CO 81301 <br />STATE OF COLORADO <br />COLORADO <br />D IV IS I ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pirieda <br />Director <br />RE: JoAnn Vota, Hillyer Pit, Permit No, M -1982 -011 Replacement Financial Warranty Certificate of <br />Deposit and Release of Financial Warranty Certificate Piper Jaffray -UBS Financial Services <br />Dear Miss Vota: <br />On April 25, 2013, the Division of Reclamation, Mining and Safety accepted Financial Warranty Certificate of <br />Deposit No. in the amount of $4,280.56, issued by First National Bank of Durango <br />This Certificate of Deposit replaces previous Financial Warranty Certificate issued by UBS No, <br /> issued by Piper Jaffray -UBS Financial Services Inc, which is now released. Enclosed is your original <br />Financial Warranty: <br />Bond Type(s) <br />Financial Warranty Certificate of Deposit <br />transferred to UBS Financial Services Inc <br />Bond Number(s) Bond Amount(s) <br /> <br /> $4,426.60 <br />This Certificate is released as of April 22, 2013, effective date of replacement Certificate of Deposit 27717. Please verify <br />with UBS that they have released your account funds by copy of this release letter. <br />If we can be of further assistance, please contact me at (303) 866 -3567 ext 8148. <br />Sincerely, I <br />-AWA&�- Mak-, <br />Barbara Coria <br />Financial Assurance Specialist <br />Enclosure <br />Certified Mail Receipt No. 7010 3500 0002 9605 8861, return receipt requested <br />Cc: Wally Erickson, Division Reclamation, Mining and Safety <br />Bill Hill <br />UBS Financial Services, Inc. <br />1199 Main Street Suite 221 <br />Durango, CO 81301 <br />Office of Office of <br />Mined Land Reclamation Denver - Grand Junction - Durango Active and Inactive Mines <br />