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) III IIIIIIIIIIIII III 1 <br /> 5TATE OF COLOKADO <br /> DIVISION OF MINERALS AND GEOLOGY <br /> of <br /> Department of Natural Resources <br /> 1313 Sherman Sr., Room 215 <br /> Denver,Colorado 80203 <br /> Phone:0031 866-3567 <br /> FAX:(303)832-8106 <br /> DEPARTMENT OF <br /> NATUP AL <br /> RESOURCES <br /> Roy Romer <br /> May 30, 1995 Governor <br /> James S.Lochhead <br /> Ececuuve Director <br /> Mr. R. Dennis O'Connell, VP Finance Michael B.Long <br /> Battle Mountain Gold Company Drvlsinn Director <br /> 333 Clay Street, 42nd Floor <br /> Houston, TX 77002-4103 <br /> INCREASED FINANCIAL WARRANTY, SAN LIAS PROJECT, PERMIT NO. M-88-112 <br /> Dear Mr. O'Connell: <br /> This Division is in receipt of your Financial Warranty Corporate Surety Increase Rider to <br /> No.137706012 from the National Fire Insurance Company of Hartford in the amount of <br /> $2,754,500 which is in addition to the $3,345,500 which you have already provided for the <br /> above referenced operation. <br /> If we can be of further assistance please advise. <br /> Sincerely, <br /> Lavern . Lemay <br /> rogram Assistant �. <br />