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TATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303)832$106 <br />March 28, 2005 ~ <br />Mr. Fred W. Holley / <br />P.O. Etox 162 <br />COLORADO <br />DIVISION OF <br />MIN SRALS <br />GEOLOGY <br />REGLANATION•NINING <br />SAFETY•EC IENCE <br />Bill Owens <br />Governor <br />Russell George <br />Executive Director <br />Ronald W. Cottony <br />Division Director <br />Dove Creek, CO 81324 Natural Resource Trustee <br />/ / / <br />Re: Monogram A4mes, Permit No. M-197&222-UG, Succession of Operators Approval, Revision No. S0.5 <br />Deaz Mr. Holley: <br />On Match 28, 2005, the Division of Minerals and Geology approved the succession of operators from Fred W. Holley to <br />William E. Burnett for the Monogram Mines, Permit No. M-1978-222-UG. Mr. William E. Burnett is now the permitted <br />operator of the Monogram Mines, and as such, is responsible for all provisions in M-1978-222-UG, as well as those <br />specified in the Rules and Regulations. <br />Enclosed is Community Banks of the Rockies Certificate of Deposit No. 30000011900, in the amount of $1,420.00, and <br />the Perfomr~~urce Warranty you originally provided. These were released as of March 28, 2005 Division approval for the <br />succession of operators. You should advise your bank of this release by copy of this letter. <br />If you have any questions, please wntact Barbara Chiappone, of the Division of Minerals and Geology Denver Office, at <br />(303)86611074. <br />Sincerely, <br />~~ ~ <br />C-c~p~ <br />~°~steve s. shney - <br />Enviromnental Protection specialist <br />Enclosures <br />CERTIFIED MAIL N0.7004 1350 0001 1635 8051 <br />Return Receipt Requested <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Su <br />