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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 />September 24, 2015 <br />Jim Kiger <br />Oxbow Mining, LLC <br />P.O. Box 535 <br />Somerset, CO 81434 <br />Re: Coal Exploration File No. X-2012-223-11 <br />Bond Release No. 1 (SL -1) <br />Dear Mr. Kiger: <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-2011-223-11. Bond was submitted to <br />cover reclamation costs associated with exploration drill holes in Delta County. An inspection showed <br />that all holes have been adequately abandoned and associated disturbances have been reclaimed with the <br />exception of revegetation associated with Sites OM -12-35, OM -13-30, OM -13-18, OM -13-32, OM -13-13, and <br />OM -12-27. The revegetation reclamation liability at each site for a total of seven sites will remain. The <br />Division currently holds a Corporate Surety in the amount of $386,931.17 of which the Division approves <br />the release of $383,089.27 under SL -1. $3,841.90 is being held after the approval of SL -1 for revegetation <br />and weed management costs. This release represents a partial bond release of $383,089.27. <br />The legal description for the project is as follows: <br />Portions of Sections 9, 10, 11, 12, 13, 14, 23, 24, 25, 26, 35 and 36, Township 13 South, Range 93 West; <br />Portions of Sections 7, 8, 9, 15, 16, 17, 18, 19, 20, 21, 22, 28, 29, and 30, Township 13 South, Range 92 <br />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 Delta County Independent. <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 />