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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY b <br />e <br />~~ <br />C rn <br />d N <br />t <br />l R <br />D <br />- <br />~ <br />a <br />ura <br />esources <br />epartment <br />1313 Sherman Sc, Raom 215 C O L D RA D O <br />Denver, Colorado 80203 DIVISION O F <br />Ftrone: (303) 9663567 MINERAL S <br />FAX: (303) 832A706 G E O L O G Y <br /> 0.EC lANATION•NINING <br /> EAEETY*SCIENCE <br />2006 sill owms <br />June 20, Governor <br /> <br />Mr. Jeff Gregg Russell George <br />Executive Director <br />,~ Hall-Irwin Corporation Ronald W. Carboy <br />301 Centennial Dr. Divi:ion Direcmr <br />Milliken, CO 80543 / <br />% Natural Resource rruuec <br />Re: File No. M-20 <br />6-003, Parker-Dersham Resource, 112c Decision Letter -Financial and Performance <br />Warranty Request -Construction Material Operation <br />Deaz Mr.. Gregg: <br />On June 14, 2006, the Division of Minerals and Geology approved your 112c mining permit application. <br />The amount of fmancia] warranty set by the Division for this operation is $974,000.00. The estimate is enclosed for your <br />review. You must submit a financial warranty in this amount and a performance warranty in order for us to issue a <br />permit. In the event you have requested a financial warranty form, we have enclosed it in this letter. If you have not, <br />please select a type of financial warranty from Rule 4.3. Then contact us so that we can provide you with the appropriate <br />warranty form or you can obtain the form from ow web site located at htin•//min;ng.ctarern nc/_ We have enclosed a <br />performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT AAS BEEN <br />ISSUED BY THE DMSION AEQ:$ RECEIPT OF YOUR FINANCL~I, WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WII.L NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me at (303) 866943. <br />Si , <br />Erica S. Crosby <br />Environmental Protection Specialist <br />Encloslrres; Performance Warranty &DMG Reclamation Cost Estimate <br />cc: Cazl Mount; DMG <br />Danna Ortiz, Civil Resources w/enclosures <br />-2- <br />Office of Office of Colorado <br />Mined Land Rxlamation Active and Inactive Mines Geological Survey <br />