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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 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />/March 11, 2008 <br />Mr. Jim McFarland <br />Hall-Irwin Corporation <br />301 Centennial Dr. <br />Milliken, CO 80543 <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />Re: Nissen Farm Resource, Permit No. M-2003-001, Financial Warranty Reduction Approval, Revision No. <br />SR-01 ? <br />Dear Mr. Gregg: <br />On March 10, 2008 the Division of Reclamation, Mining and Safety approved your request for a Financial Warranty <br />Reduction to $547,300.00. This is a reduction of $465,300.00. This decision reduces the amount of the financial <br />warranty, 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 reduction. If <br />you wish to submit a different type of Financial Warranty, please contact our office for the applicable form. <br />If you have any questions, please contact me at 303-866-2555. <br />SinceTl'-"4 <br />Peter S. Hays <br />Environmental Protection Specialist <br />cc: Carl Mount, DRMS <br />Elizabeth Taliaferro, DRMS <br />COLORADO <br />DIVISION O F <br />RECLAMATION <br />MINING <br />Office of office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines