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STATE OF COLO(LSDO <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 D RA D O <br />DIVISION O F <br />Phone: (303) 866-3567 RECLAMATION <br />FAX: (303) 832-8106 ~~N ~~NFIDENTIAL. MINING <br />- &- <br />SAFETY <br />Bill Ritter, )r. <br />Governor <br />DATE: October 17, 2008 ~ Harris D. Sherman <br />'n n ~ ~ / ~ Executive Director <br />TO: Ron Cattan / r r ~ '~-' v f Ronald W. Cattany <br />y v / Division Director <br />/. G, 1/ Natural Resource Trustee <br />FROM: Allen Sorenson /f C~ <br />/~ <br />RE: Status of Modification No. 1 to the Prospecting Notice, Powertech (USA) Inc., <br />Centennial Project, File No. P-2008-043 ~~~ <br />In June 2008 Powertech submitted a new prospecting notice that was approved August 27, 2008. On <br />September 16, 2008, Powertech submitted Modification No. 1 to the previously approved prospecting notice. <br />Modification No. 1 provides notice for drilling one prospecting hole to sample the targeted mineral deposits <br />located approximately six miles west of the town of Nunn in Weld County. This hole will be plugged and <br />abandoned immediately following drilling. Modification No. 1 further provides notice for the drilling of 15 <br />more monitoring wells for the collection of ground water samples and geologic, hydrogeologic information. <br />Since submittal of Modification No. 1, the Division has issued, and Powertech has responded" to an adequacy <br />review. Through this process, Powertech has committed to testing drill hole mud pits for radioactivity and <br />removing materials that do not meet specified limits, for offsite disposal. Powertech will post $127,000 <br />additional bond, based on the Division's estimate. The entirety of Modification No. 1 is public information. <br />A number of other minor issues with Modification No. 1 were resolved through the adequacy review process. <br />The Division staff has determined that the notice is now acceptable and recommends that you authorize its <br />approval. <br />~ ~~_ ~ / ~t~ X ~~'CG'-mot <br />~~~' <br />c:\acs files\My Documents 4-19-06 thty\centennia108 not mod 1 status memo.doc <br />Office of Office of <br />Mined Land Reclamation Denver Grand Junction + Durango Active and Inactive Mines <br />