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. ,~~- <br />{n2t~o~CUL <br />kl'~'Yt~R~-aU'(Cp) ~Q~(nDI QDYC~ <br />STATE OF COLORA~G <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of natural Resources P`\6'~~® RECEIVED <br />7313 Sherman SL, Room 275 ~~1~;'4r +t <br />Denver, Colorado 80203 ~(C~ <br />Phone: 1307) 866-3561 MpR ~ ~ 106 FEB 2 i Z006 <br />FAt: (303) 832-8106 orals and GBO~o99 <br />O\JrSwo d lrrn DlwslOn of Minerals and Geology <br />TRANSFER OF PERMIT AND SUCCESSION OF OPERATORS <br />APPLICATION FORM <br />DIVISION C <br />MINERAL <br />&- <br />GEOLOG <br />RECLAMATfO <br />MINING•SA FET <br />BiII Owens <br />Governor <br />Greg E. Walther <br />Extt~sive Dirtttrn <br />Michael B. long <br />Division Director <br />The application for a Transfer of Permit and Succession of Operators must contain four (4}major parts: 1} an Application <br />Form; 2) an Application Fee; 3) a Performance Waranty (aitached as part of the Application Package) bearing the original <br />notarized signature of the Successor Operator; and, 4) a replacement Financial Warranty provided by the Successor <br />Operator, bearing an original notarized signature. To expedite processing, please provide the information al the format <br />and order described below. <br />I. FINANCI I W RRANTY INFO M TION (Choose ONE Oration): <br />1, Option A: I wish to WAIVE MY RIGHT to a 30-day processing time to allow <br />(Initial & Date) the Division of Minerals and Geology to recalculate the Financial <br />Warranty requirematts. L`. you choose Option A you should !!4I submit <br />a Financial Warranty and Performance Warranty until the Division <br />notifies you of the correct amount ofyour warranty requirements.* <br />2.Option B:R P~~- ~o ~~~ I QQ NOT WISH TO WAIVE MY RIGHT to a 30-day processing <br />(Initial & Date) time. I hereby submit a replacement Financial Warranty for the same <br />- dollar amount as the Financial Warranty maintained by the current <br />operator. I understand that the Division of Minerals and Geology will <br />recalculate the required reclamation bond within 60-days from the date <br />that the transfer is completed and the required FINANCIAL <br />WARRANTY COULD BE SUBSTANTIALLY INCREASED at that <br />time. As the new operator, I agree to be responsible for posting anv <br />required increase to the fmarcial warranty for good cause shown, in a <br />form acceptable to the Eoard, within 60-days of such notice. <br />