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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 />CO <br />D O L O RA D i v � s i o H OF <br />Denver, Colorado 80203 n f <br />REC <br />Phone: (303) 866 -3567 MINING <br />G <br />FAX: (303) 832 -8106 —&— <br />SAFETY <br />February 27, 2014 <br />Dear Mr. Luke, <br />The Colorado Division of Reclamation, Mining and Safety (Division) has conducted a cost estimate of the site based <br />on the worst case scenario presented with PR7 and the information submitted with revised Appendix A. Items 25 to <br />38 of the Division's first and second adequacy review were in regards to the cost estimate submitted to the Division <br />with PR7. Several of these items were resolved based on your response to the Division's first adequacy review. The <br />remaining items were evaluated and the Division's cost estimate was conducted based on the approval of the bond <br />release applications SL 14 and SL 15 as well as our November 12, 2013 meeting. <br />Enclosed is the Division's cost estimate. The Division estimated the total bond amount to be $22,910,966.74; this is <br />$980,799.26 less than the estimate submitted by Trapper Mine. The primary reason for the difference in estimated <br />cost is due to the tasks associated with topsoiling the affected area. <br />Items 25 to 38 of the Division's first and second adequacy review are considered resolved at this time. However, <br />there are still outstanding adequacy items from these reviews that will need to be addressed prior to the Division <br />issuing a proposed decision for PR7. The decision date for PR7 is April 30, 2014. If you need additional time to <br />address the Division's concerns, please request an extension of the decision date. <br />Sincerely, <br />Jared Ebert <br />Environmental Protection Specialist <br />DRMS <br />Enclosures: 1.) DRMS Cost Estimate; Trapper Mine; PRO 7; Summary Sheet <br />2.) DRMS Cost Estimate; Trapper Mine; PRO 7,- Task Summary <br />3.) DRMS Cost Estimate; Trapper Mine; PRO 7; CIRCES Sheets <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines <br />John W. Hickenlooper <br />Forrest Luke <br />Governor <br />Trapper Mining, Inc. <br />P.O. Box 187 <br />Mike King <br />Executive Director <br />Craig, Colorado 801626 <br />Loretta Pineda <br />Director <br />RE: Trapper Mining Inc., Permit No. C- 1981 -010; Permit <br />Revision No. 7 (PR7) Adequacy Review No. 3 <br />and Cost Estimate <br />Dear Mr. Luke, <br />The Colorado Division of Reclamation, Mining and Safety (Division) has conducted a cost estimate of the site based <br />on the worst case scenario presented with PR7 and the information submitted with revised Appendix A. Items 25 to <br />38 of the Division's first and second adequacy review were in regards to the cost estimate submitted to the Division <br />with PR7. Several of these items were resolved based on your response to the Division's first adequacy review. The <br />remaining items were evaluated and the Division's cost estimate was conducted based on the approval of the bond <br />release applications SL 14 and SL 15 as well as our November 12, 2013 meeting. <br />Enclosed is the Division's cost estimate. The Division estimated the total bond amount to be $22,910,966.74; this is <br />$980,799.26 less than the estimate submitted by Trapper Mine. The primary reason for the difference in estimated <br />cost is due to the tasks associated with topsoiling the affected area. <br />Items 25 to 38 of the Division's first and second adequacy review are considered resolved at this time. However, <br />there are still outstanding adequacy items from these reviews that will need to be addressed prior to the Division <br />issuing a proposed decision for PR7. The decision date for PR7 is April 30, 2014. If you need additional time to <br />address the Division's concerns, please request an extension of the decision date. <br />Sincerely, <br />Jared Ebert <br />Environmental Protection Specialist <br />DRMS <br />Enclosures: 1.) DRMS Cost Estimate; Trapper Mine; PRO 7; Summary Sheet <br />2.) DRMS Cost Estimate; Trapper Mine; PRO 7,- Task Summary <br />3.) DRMS Cost Estimate; Trapper Mine; PRO 7; CIRCES Sheets <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines <br />