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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY ~ <br />Department of Natural Resources <br />1313 Sherman S[., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />October 28, 2003 <br /> <br />Mr. Charles R. Ponchak <br />Peck Inc. / <br />P.O. Box 278 <br />Ouray, CO 81427 <br />Re: Peck Pit, Permit No. M-1992-049; Succession of Operators Approval Revision No. SO-1'~ <br />Dear Mr. Ponchak: <br />COLORADO <br />DIVISION O F <br />MIN SRALS <br />GEOLOGY <br />REC LAM ATION•MI NING <br />SAFETY•SCIENCE <br />Bill Owens <br />Governor <br />Greg E. Walther <br />Executive Director <br />Ronald W. Cattany <br />Division DlreLtOr <br />Natural Resource Trustee <br />On October 28, 2003, the Division of Minerals and Geology approved the succession of operators from Peck Inc. <br />for this operation. Vista Verde Village, LLC. is now the permitted operator of the Peck Pit, and as such, is <br />responsible for all provisions in M-1992-049, as well as those specified in the Rules and Regulations. <br />Enclosed are the following bond and the Performance Warranty you originally provided. <br />Rnnrl T to Rnnd Nnmher Rnnd Amnnnt <br />North American Specialty hrsurance Company Corporate Surety 700118 $6,000.00 <br />These have been released as of October 28, 2003 Division approval for the succession of operators. You should <br />advise your bank or insurance company of this release by copy of this letter. <br />If you have any questions, please contact me. <br />Sincerely, <br />r Wallat'e"H. Erickson <br />Environmental Protection Specialist <br />Enclosures <br />CERTIFIED MAIL N0.7001 2510 0004 2146 0333 <br />Return Receipt Requested <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survel <br />