2006-06-14_REVISION - M2004044 - Laserfiche WebLink

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~TR~ / STATE OF COLORADO DIVISION OF MINERALS AND GEOLOGY L/ Deparunent of Natural Resources 1313 Sherman St., Room 215 Denver, Colorado 00203 Phone: (303) 86fr3567 FAX: (303) 032-0106 June 14, 2006 /~ Jamie Gaboriau Aggregate Industries 1707 Cole Blvd., Suite 100 Golden, CO 80401 RE: Tuscon South Resource; DMG File M-2004-044; Technical Revision No. Deaz Ms. Gaboriau: COLORADO DIVISION O F MIN~RALS GEOLOGY EECLA NATION•NININO EAEfTT•f CIENCE eal owem Governor Russell George Executive DirecTw Ronald W. catany Division Director Natural Resource Trustee The Division received your request for a technical revision to reduce your financial warranty to $5,000.00 on May 19, 2006. The decision date for this revision is June 18, 2006. Normally, once a permit application is approved, it cannot be revised until the permit is actually issued. However, in this case, the division is willing to process the reduction request and the permit issuance simultaneously. Since this revision approval and the permit issuance must occur simultaneously, an extension of the decision date will likely be necessary to allow the financial warranty to be properly prepazed and in a form that is acceptable to our office. Once the financial and performance warranties have been reviewed and determined to be acceptable, both items can be processed concurrently. This will allow us to issue the permit with a lower bond amount than what is currently set in the approved application. It is our opinion that the initial amount should be based more on actual preliminary tasks that will be performed rather than an azbitrary number. The mining plan included with the application addresses a number of tasks associated with site preparation that will presumably occur prior to actual mining. A list of these tasks and their associated costs would present a more realistic bond amount that should suffice during this interim development stage. Also, costs associated with other aspects of site management such as weed control and even interim vegetative establishment could be included in this start-up bond. Once this amount is determined, a stipulation will be made to the approval of this revision that will require Aggregate Industries to submit the remaining bond within 60 days of the planned mining start-up. Please provide a list of tasks and their associated costs for our review and approval as an interim financial warranty. Also, as previously stated, it will likely take some additional time to coordinate the timing of these simultaneous permitting actions. Therefore, if it Office of Office of Colorado Mined Land Reclamation Active and Inactive Mines Geological Survey