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New Horizon Mine <br />I. General <br />Western Fuels -Colorado, L.L.C., New Horizon Mine, Permit No. C-1981-008, is submitting this <br />application for Phase I, II, and III performance bond release. New Horizon is requesting that a <br />total of 9.4 acres be Phase I, II, and III released with this application. The current bond amount <br />for the New Horizon Mine is $5,227,008, and New Horizon Mine currently holds a self -bond in <br />the amount of $5,300,000. <br />The bond release parcels for West 5th Street has been designated into two types and each type is <br />applying for different phase of bond release. As shown on Map 1, a parcel of West 5t' Street has <br />already been approved for Phase I release, thus under this application is being applied for Phase <br />II and III with a request to relinquish them remaining 40% of the bond applicable to this parcel. <br />The other two parcels on the east and west ends (see Map 1) of reconstructed West 5t' Street are <br />being applied for all three phases currently. With this application, the New Horizon Mine will <br />be requesting relinquishment of 100% of the bond held for the east and west parcels of West <br />51hStreet. <br />BB Road as shown on Map 1 is being applied for all three phases of bond release currently also. <br />With this application, the New Horizon Mine will be requesting relinquishment of 100% of <br />the bond held for this parcel. <br />II. Summary Information <br />A. General Location Description <br />The 9.4 acres requested for Phase III release are located within Montrose County, Colorado, in <br />the following general locations: <br />Township 46 North, Range 16 West of the 6th P.M. <br />N 30 feet; lots 1, 2, & 3; Section 1; <br />Township 47 North, Range 16 West of the 6th P.M. <br />S 30 feet, S1/2 SEI/4 & SEI/4 SWI/4, Section 36; <br />BB Road west of 2700 Road <br />Township 46 North, Range 15 West of the 6th P.M. <br />Portion of/z Section Line, Section 6 <br />West 50' Street Right -of -Way <br />Please see Map 1 for exact locations applied for in this application. See Map 2 for the pre and <br />post mining road profiles. <br />SL -17 Phase III Bond Release Application Page 1 <br />