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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY ~ <br />Department of Natural Resources <br />1313 Sherman St., Room 275 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303)832$106 <br />April 28, 2004 'l <br />Mr. Richazd L. Pounds f <br />DG Husidn Construction Company <br />COLORADO <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />0.f OLANATION•MIN ING <br />SAFETY•SC IENCE <br />Bill ovens <br />Governor <br />Russell George <br />Executive Director <br />P.O. Box 61 Ronald W. Cattany <br />Westmore, CO 81253 Division Director <br />Natural Resource Trustee <br />Re: File No. M-2002-118, Velarde Pit, 112c Decision Letter -Financial and Performance Warranty Request - <br />Construction Material Operation <br />Deaz Mr. Pounds: <br />On Apri126, 2004, the Division of Minerals and Geology approved your 112c mining pemTit application. <br />The amount of financial warranty set by the Division for this operation is $67,800.00. You must submit a fmancial <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 />fmancial warranty form, we have enclosed it in this letter. If you have not, please select a type of fmancial 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. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTII. A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFSEB RECEH'T OF YOUR FINANCIAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMTT 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. <br />Sincerely, <br />°~~~-r-~-~- ~~~2~'r~cSi <br />Larry D. Oehler '~ <br />Environmental Protection Specialist <br />Enclosure <br />cc: Joe Gagliano, L.J. Development, Inc. <br />,a~-e <br />tih~ <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />