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C11. <br /> COLORADO <br /> ©DNR Mining Division ofand ReclaSafetymation, <br /> Department of Natural Resources <br /> December 11,2024 <br /> Ron Peterson <br /> Premium Pellets LLC <br /> 82625 County Road 3.75 <br /> Lamar, Co 81052 <br /> Re: McClave Ranch Pit—File No.M-2024-038 <br /> Premium Pellets LLC <br /> 112c Construction Materials <br /> Reclamation Application <br /> Dear Ron Peterson: <br /> On December 11,2024 the Division of Reclamation, Mining and Safety concluded its review of the <br /> Construction Materials Reclamation Permit Application submitted to the Division on July 9,2024. The <br /> decision reached by the Division is: Awaiting warranty. The amount of financial warranty set by the <br /> Division for this operation is $145,762.00. You must submit a financial warranty in this amount and a <br /> performance warranty in order for us to issue a permit. In the event you have requested a financial <br /> warranty form,we will provide you with the applicable form. If you have not,please select a type of <br /> financial warranty from Rule 4.3,and then contact us so that we can provide you with the appropriate <br /> warranty form. We have enclosed a performance warranty form with this letter for your use. <br /> PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT <br /> HAS BEEN ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL AND <br /> PERFORMANCE WARRANTIES. A PERMIT CANNOT BE ISSUED UNTIL WE HAVE <br /> VERIFIED THE ADEQUACY OF YOUR FINANCIAL AND PERFORMANCE WARRANTIES. <br /> M-2024-038: Approved Surety and Acreage <br /> Reclamation Liability(Required Surety): $145,762.00 <br /> Approved Permit Acreage: 111.30 <br /> Approved Affected Acreage: 111.30 <br /> If you have any questions,please contact me by telephone at(720) 793-3031, or by email at <br /> Ursula.armstrong@state.co.us <br /> Sincerely, <br /> ete" -' <br /> Physical Address: 1313 Sherman Street,Room 215,Denver,CO 80203 P 303.866.3567 F 303.832.8106 ,„ _rj <br /> Mailing Address:DRMS Room 215, 1001 E 62nd Ave,Denver,CO 80216 https://drms.colorado.gov I ** <br /> Jared S.Polls,Governor ( Dan Gibbs,Executive Director I Michael A.Cunningham,Director 'TI s, <br />