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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 />April 23, 2010 <br />Mr. Ken Coulson <br />Coulson Excavating Company, Inc. <br />3609 North County Road 13 <br />Loveland, CO 80538 <br />Re: Bonser Pit, Permit No. M-2000-156, Amendment Approval, Revision No. AM-1 <br />Dear Mr. Coulson: <br />COLORADO <br />D I V I S I ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />James B. Martin <br />Executive Director <br />Loretta E. Pineda <br />Director <br />On April 22, 2010 the Division of Reclamation, Mining and Safety approved the Amendment application submitted to <br />the Division on December 7, 2009, addressing the following: <br />Increasing the affected area from 90 acres to 146 acres and revising the Mining Plan to include two (2) separate <br />phases. <br />The terms of the Amendment No. 1 approved by the Division are hereby incorporated into Permit No. M-2000-156. The <br />conditions to the approval are noted below: <br />Stipulation No. Description <br />Coulson Excavating Co., Inc. shall request in writing to the DRMS that the financial warranty <br />be increased prior to opening an additional phase(s). An increase of the financial warranty <br />shall be requested, and provided with the letter to DRMS, by Coulson Excavating Co., Inc. to its <br />bonding/surety prior to opening and mining additional phase(s). The increased financial <br />warranty and updated bond forms shall also be provided to the DRMS from Coulson Excavating <br />Co., Inc. bonding/surety provider. <br />All other conditions and requirements of Permit No. M-2000-156 remain in full force and effect. <br />The estimated liability amount of $218,003.00 exceeds the $186,000.00 performance bond currently held. If you have <br />not already done so, please submit additional bond in the amount of $32,003.00. The revision will not be final until the <br />bond is approved by the Division. <br />If you have any questions, please contact me at (303)866-3567 x8116. <br />Sincerely, <br />Nv "' <br />Michael A. Cunningham <br />Environmental Protection Specialist <br />CC: Tony Waldron, DRMS <br />Elizabeth Merry, DRMS <br />Peter Wayland, Weiland, Inc. (via email) <br />Office of Office of <br />Mined Land Reclamation Denver Grand Junction • Durango Active and Inactive Mines