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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources ' <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 D[ V I S I o N O F <br />Phone: (303) 866-3567 MINERAL S <br />FAX: (303) 832-8106 Sc <br /> GEOLOGY <br /> RECLAMATION <br />January 21, 2003 MININ G•SAFETY <br />Mr.. Rob Laird Bill Owens <br />Governor <br />Asphalt Specialties Co., Inc. Greg E. Watcher <br />7321 E. 88th Ave., Ste. 100 Executive Director <br />Henderson, CO 80640 Ronald w. cottony <br />Acting Division Director <br />Re: Speer Mining Resource, Amendment Approval, Permit No. M-1983-176, Revision No. AM-2 <br />Dear Mr.. Laird: <br />On January 22, 2003 the Division of Minerals and Geology approved the Amendment application submitted to the <br />Division on November 5, 2002. <br />The terms of the Amendment No. 2 approved by the Division aze hereby incorporated into Permit No. M-1983- <br />176. All other conditions and requirements of Permit No. M-1983-176 remain in full force and effect. <br />The estimated liability amount of $115,356.00 for the Speer Mining Resource, when added to the existing liability <br />amount of $562,813.00, exceeds the perfortnance bond held. If you have not already done so, please submit <br />additional bond in the amount of $115,356.00. The revision will not be final until [he band is approved by the <br />Division. <br />If you have any questions, please contact me. <br />Sincerely,: <br />~~~_~~~~ <br />Berhan Keffelew <br />Environmental Protection Specialist <br />Cc: Suzi Ericksen, Division of Minerals and Geology <br />Harry Posey, Division of Minerals and Geology <br />M:bss\rdd\TEMPNI-RV-01_M 1983196_BM[L20030121_12639 PM.doc <br />