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COLORADO <br />Division of Reclamation, <br />Mining and Safety <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />June 19, 2015 <br />Ron Thompson <br />New Elk Coal Company, LLC <br />12250 Highway 12 <br />Weston, CO 81091 <br />Re: Coal Exploration File No. X-2011-232-01 <br />Bond Release No. 1 (SL -1) <br />Dear Mr. Thompson: <br />The Colorado Division of Reclamation, Mining and Safety is proposing to Approve the partial release of <br />coal exploration reclamation bond liability for Notice of Intent No. X-2011-232-01. Bond was submitted to <br />cover reclamation costs associated with exploration drill holes in Las Animas County. An inspection <br />showed that all associated disturbances have been reclaimed and all holes adequately abondoned with <br />the exception of well cluster NE -05-11 and NE -08-11 which consist of 4 wells at each site for a total of 8 <br />wells to remain. The Division currently holds a Cash Bond in the amount of $127,243.00 of which the <br />Division approves the release of $92,898.99 under SL -1. $34,343.89 is being held after the approval of SL- <br />D for sealing and abondoning of well sites NE -05-11 and NE -08-11. This release represents a partial bond <br />release of $92,898.99. <br />The legal description for the project is as follows: <br />Section 19, Township 33 South, Range 67 West; Sections 1, 13, and 24, Township 34 South, Range 68 <br />West; and Sections 7, 8, 16, 18, 21, and 28, Township 34 South, Range 67 West. <br />Any person with an interest which may be adversely affected by this proposed decision may submit <br />written comments to the Division at the address below within 30 days of publication of this proposed <br />decision in the The Chronicle - News. <br />If you have any questions, please feel free to call. <br />1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us <br />John W. Hickenlooper, Governor I Mike King, Executive Director I Virginia Brannon, Director <br />