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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY ~ <br />Department of Natural Resources <br />13t3 Sherman St., Room 275 <br />Denver, Colorado 80203 <br />Phone: (303) 8663567 <br />FAX: (303) 832A10fi <br />February 2, 2006 <br />Mr. Todd Fisher <br />LBCR, LLC .~ <br />1440 Blue Sage Ct. <br />Boulder, CO 80305 <br />~ ./ <br />Re: Ignacio Pit, Permit No. M-1992-054, Conversion Approval, Revision No. CN-1 <br />Deaz Mr. Fisher: <br />OLORADO <br />I V I S I O N O F <br />INERALS <br />EOLOGY <br />:LANATION•NINING <br />SAf ETY•f CIENCE <br />Bill Owens <br />Governor <br />Russell Geosge <br />Executive Dinxtor <br />Ronald W. catbny <br />Division Dinxtor <br />Natural Resource Trustee <br />On January 23, 2006 the Division of Minerals and Geology approved the Conversion application submitted to the <br />Division on October 25, 2005, addressing the follolving: <br />Conversion from IIOc to 112c. <br />The terms of the Conversion No. 1 approved by the Division are hereby incorporated into Permit No. M-1992-054. All <br />other conditions and requirements of Permit No. M-1992-054 remain in full force and effect. <br />If you have any questions, please contact me at 970-247-5193. <br />Sincerely, / <br />j <br />Bob Os ' 1 <br />Environmental Protection Specialist <br />~c o~ h ~p~ <br />Office of Office of Colorado <br />Mined Land Reclamation Active and InaRive Mines Geological Survey <br />