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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 <br />Colorado 80203 O L CO R A D O <br />, C <br />DIVISION O F <br />Phone: (303) 866-3567 RECLAMATION <br />FAX: (303) 832-8106 MINING <br /> <br /> SAFETY <br />October 6, 2010 Bill Ritter, Jr. <br /> Governor <br /> <br />Mr. M. Joe Docheff <br />III Mike King <br />, Executive Director <br />Mountain Park Concrete, Inc. <br />P <br />Box 856 <br />O Loretta E. Pineda <br />. <br />. Director <br />Granby, CO 80446 <br />Re: Parshall Pit, Permit No. M-1998-034, Conversion Approval, Revision No. CN-01 <br />Dear Mr. Docheff, III: <br />On October 6, 2010 the Division of Reclamation, Mining and Safety (Division) approved the Conversion application <br />submitted to the Division on May 25, 2010, addressing the following: <br />Conversion from 110c to 112c and addition of 32.48 acres to permit -for total of 42.43 acres <br />The terms of the Conversion No. 1 approved by the Division are hereby incorporated into Permit No. M-1998-034. All <br />other conditions and requirements of Permit No. M-1998-034 remain in full force and effect. <br />The estimated liability amount of $80,400.00 exceeds the $45,000.00 performance bond currently held. If you have not <br />already done so, please submit additional bond in the amount of $35,400.00. The revision will not be final until the bond <br />is approved by the Division. A copy of calculations used to determine this cost is attached for your review. <br />If you wish to submit a different type of Financial Warranty, the various application forms can be found at the <br />following website: http://mining.state.co.us/Mineral%20Forms.htm. An additional $500 is required if Mountain Park <br />Concrete, Inc. elects to submit the financial warranty as an Irrevocable Letter of Credit. If you have any questions <br />regarding the Financial Warranty please contact Mary Rodriguez at (303) 866-3567 Ext. 8138. <br />If you have any questions about this process or how the bond was calculated, please contact me at (303) 866-3_5_67----__ <br />Ext 8124. <br />Sincere[ , <br />Peter S. Hays <br />Environmental Protection Specialist <br />Enclosure - October 5, 2010 Bond Estimate <br />Cc: Tony Waldron; DRMS <br />Mary Rodriguez; DRMS <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines