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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY, <br />Depar#ment of Natura# Resources <br />7373 Sherman St„ Rr:~am 275 <br />Denver, Cc~#c~rado 80203 <br />Phone: !3!733 8GEr3567 <br />>=Ax: l3n3;< 8sz-s7r76 <br />March 24, 2008 <br />/~ <br />CC)LORADO <br />[}iVISfON OP <br />RECLAMATION <br />,'urNlNc <br />---- & - <br />SAFETY <br />Bii€ Ritter, lr. <br />Governor <br />Harris D. 5hem~an <br />EXCCUEIVe #]ireGior <br />Mr. Jon Benallo Run<~#(# w. cactar,y <br />SW Chambers, LLC ~ QiY 151031 Ui[eCtO( <br />Natural Resource Trusree <br />333 W. Hampden Ave., Stc 810 <br />.Englewood, CO 80110 <br />~ .~ <br />Re: Financial Warranty :Reduction Approval, Heit Pit, Revision Na. SR-01, Permit No. M-2003-016 <br />Dear Mr. Benallo: <br />On March 24, 2005 the Division of Reclamation, Mining, and Safety approved your request for a Financial <br />Warranty Reduction to $308,000.00. Please find enclosed spreadsheets from the reclamation cost estimate used to <br />establish the amount of financial warranty required. This decision reduces the amount of the financial warranty, <br />and does not approve any .release of reclamation responsibility for the tasks associated with this request. <br />Please provide a rider to the current Financial Warranty, or submit a new Financial Warranty reflecting this <br />reduction. If you wish to submit a different type of Financial Warranty, please contact our office for the applicable <br />forms or download the forms from wwtiv.mining.state_eo.us. If you provide a replacement financial warranty, the <br />current bond will be returned to :Hall-Irwin Corporation as a matter of course. <br />Lf you have any questions, please contact me at 303-866-4063 or at allensorensan(c~state.ca.us. <br />Sincerely, <br />;~'' <br />_..... <br />_. <br />.- ., .::. <br />Allen C. Sorenson <br />Reclamation Specialist <br />enclosure{s} <br />cc: Carl Mount, D.1tMS (via email and r~v/enclosures} <br />Elizabeth T'aliaferro, DBMS (via email and wlenclosures} <br />Peter Hays, URMS (via email and w/enclosures) <br />Kathy Novosad, Hall-Irwin Corp. {via email and regular mail and w/enclosures) <br />c'aes €i]es~My Ikcurt>~nts 4-€ ~3-t7fi thru+lreit pit ~rt€T appvl.c~cu <br />CJ{t'it:e of <br />Ofiice of <br />tYtined Lanci Resc#amatiort (Uetnv~.r Grand Junctiorl Durango A<tiva~ and hlactive Mines <br />