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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 C O L O RA <br />D O <br /> <br />Phone: (303) 866-3567 D I v I S 1 0 N O F <br />RECLAMATION <br />FAX: (303) 832-8106 M I N I N G <br /> <br /> SAFETY <br /> <br />July 7, 2008 <br /> Bill Ritter, Jr. <br /> Governor <br />Mr <br />David Curtis Harris D. Sherman <br />. Executive Director <br />Oaklands Ranch <br /> Ronald W. Cattany <br />1613 N Perry Park Rd Division Director <br />Sedalia, CO 80135-8511 Natural Resource Trustee <br />r/ <br />Re: Oaklands Ranch, Permit No. M-1989-092, Conversion Approval, Revision No. CN-1 <br />Dear Mr. Curtis: <br />On July 7, 2008 the Division of Reclamation, Mining and Safety approved the Conversion application submitted to the <br />Division on April 2, 2008, addressing the following: <br />Conversion from 110c to 112c. <br />The terms of the Conversion No. 1 approved by the Division are hereby incorporated into Permit No. M-1989-092. All <br />other conditions and requirements of Permit No. M-1989-092 remain in full force and effect. <br />The financial warranty for the first phase of mining has been determined to be $12,000.00. This amount exceeds the <br />$5,000.00 performance bond currently held. If you have not already done so, please submit additional bond in the <br />amount of $7,000.00. The revision will not be final until the bond is approved by the Division. <br />If you have any questions, please contact me at (303) 866-3927. <br />S' erely, <br />David A. Bird <br />Principal Scientist - Environmental Protection Specialist <br />Enclosure <br />cc: Kevin Archer, David E. Archer & Associates, Inc. <br />Tony Waldron, DRMS <br />Elizabeth Taliaferro, DRMS <br />Office of <br />Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines