Replies to post #18140 on Colorado Goldfields Inc. (fka CGFI)

[Mister Young]

I am expecting that...

[567tbd]

CGFIA-BONDING is Payed In Full

Colorado Goldfields Inc.
9 June 2011
Colorado Division of Reclamation, Mining & Safety
Colorado Mined Land Reclamation Board
1313 Sherman St Ste 215
Denver, CO 80203-2242
RE: Pride of the West Mill, Permit No.: M-1984-049
Payment and full satisfaction of Order of February 23, 2011
Ladies and Gentlemen:
On February 23, 2011, the Colorado Mined Land Reclamation Board ("Board") signed
the Amended Findings of Fact, Conclusions of Law, and Order ("Order") approving the
terms of a Joint Stipulation, dated February 4, 2011, between Colorado Goldfields Inc.
and the Colorado Division of Reclamation, Mining and Safety providing for the payment
of an additional financial warranty in the amount of $196,476 in four installments
according to the following schedule:
Date
3/10/2011 Payment
4/10/2011 Payment
5/10/2011 Payment
6/10/2011 Payment
Amount
$ 49,119
$ 49,119
$ 49,119
$ 49,119
Total payments $ 196,476
Pursuant to the Board's Order, Colorado Goldfields herewith delivers the fourth and final
installment of Forty Nine Thousand One Hundred Nineteen Dollars ($49,119.00), in the
form of a certified check, payable to the Division of Reclamation, Mining and Safety.
With the acceptance of this installment payment, the total amount of financial warranty
held by the Board is now $515,130, and the Joint Stipulation, dated February 4, 2011,
between Colorado Goldfields Inc. and the Colorado Division of Reclamation, Mining and
Safety is satisfied. RECEIVF-P
JUN 09 2011
Division of rtec venation,
7986 South Datura Circle West' Teton, CO 80120 " [phone] 1AWNI and 30"

567

GL