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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 />May 4, 2009 v <br />Henry M. Carter <br />Nuvemco, LLC. <br />107713200 Road <br />Hotchkiss, Colorado 81419 <br />MAC o ? 2°og <br />pivi$io1 Di KaG nd Sa ety r? <br />wlr? 09 a <br />COLORADO <br />D IV IS I ON OF <br />RECLAMATION <br />MINING <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 />? ? ? <br />Re: NOI Application, Uranus NOI Site, No. P-2008-066, One Time Extension Approval <br />For Posting Financial Warranty. <br />Dear Mr. Carter, <br />The Division of Reclamation, Mining and Safety called the application for the Uranus Project complete on <br />February 23, 2009. Per Rule 5.1.3(b) an applicant has 60 days from the time of notice of deficiencies <br />including the Financial Warranties to correct them. DRMS notified Nuvemco in March, 2009 that it had <br />until April 24, 2009 to correct the deficiency otherwise the Notice would be denied. <br />Nuvemco has requested some additional time as it is having some issues in regard to bonding instruments. <br />Staff will extend the date for the requested 90 days from the April 24, 2009 notice to July 23, 2009. The <br />extension is a courtesy to Nuvemco but cannot be extended any further beyond that date. If the <br />reclamation warranty is not in place by the 23rd of July staff will have no choice but to deny the notice. If <br />the bond is not accepted by the 23rd of July Nuvemco would have to resubmit the Notice at a later date once <br />all other issues are resolved. <br />If you need additional information, please contact me at the Division of Reclamation, Mining and Safety, <br />Grand Junction Field Office, 101 S. 3rd St., Suite 301, Grand Junction, Colorado 81501, telephone no. <br />970.241.1117. <br />Sincerely, <br />G. Russ 1 Means <br />Environmental Protection Specialist <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines