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5-� a-I (afi/v\ <br />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 24, 2013 <br />Mr. Jay L Wagner <br />Wagner Rock LLC <br />96400 E. Hwy 40 <br />Craig, CO 81625 <br />STATE OF COLORADO <br />COLORADO <br />D IV IS 1 ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />Re: Wagner Rock LLC, Wagner Pit, Permit No. M- 2010 -002, Acceptance of Financial Warranty Letter of Credit <br />No. Yampa Valley Bank, Maturity Extension <br />Dear Mr. Wagner: <br />On June 20, 2013, the Division of Reclamation, Mining and Safety received and accepted your Irrevocable Letter of Credit <br />No. issued by Yampa Valley Bank maturity date extension to May 1, 2014. All other terms shall remain <br />unchanged. <br />If you have any further inquiries please contact me at 303 866 -3567, ext. 8148. <br />Sincerely, <br />Barbara Coria <br />Financial Assurance Specialist <br />Cc: Stephanie Reigh, Division Reclamation, Mining and Safety <br />Yampa Valley Bank <br />Mr. David A. Fleming <br />435 Mack Lane <br />Craig, CO 81625 <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines <br />