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STATE OF COLORADO <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 />September 13, 2007 <br />Mr. Monty Yocam /~ <br />Yocam Stone LLP <br />19505 County Rd 215 <br />Pritchett, CO 81064 <br />COLORADO <br />DIVISION O F <br />RECLAMATION <br />MINING <br />- &- <br />SAFETY <br />Bill Ritter, Jr. <br />Gavemor <br />Hartis D. Sherman <br />Executive Direttor <br />Ronald W. Cottony <br />Division Director <br />Natural Resource Trustee <br />Re: File No. M-2007-050, Buffalo Stone Quarry, 110c Decision Letter -Financial and Performance Warranty <br />Request -Con ruction Material Operation <br />Deaz Mr. Yocam: <br />On September 13, 2007, the Division of Reclamation, Mining and Safety approved your 110c mining permit application. <br />The amount of fmancial warranty set by the Division for this operation is $33,044.00. You must submit a financial <br />warranty in this amount and a performance warranty in order for us to issue a permit. in the event you have requested a <br />financial warranty form, we have enclosed it in this letter. If you have not, please select a type of financial warranty from <br />Rule 4.3. Then contact. us so that we can provide you with the appropriate warranty form. We have enclosed a <br />performance warranty form with this letter for your use. If you have questions about how to properly execute the forms, <br />please contact Elizabeth Shelton at (303) 866-3567. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCLAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me at (303) 866-4072. <br />Sincerely, <br />Berh'~ w ~J <br />Environmental Protection Specialist <br />Enclosure: Performance Warranty forms <br />cc: Florence Jackson, Canyon Rim Stone, LLC <br />Tony Waldron, DRMS <br />Elizabeth Shelton <br />Office of Office of <br />Mined Land Reclamation Denver Grand Junction Durango Active and Inactive Mines <br />