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<br /> <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 | Robert W. Randall, Executive Director | Virginia Brannon, Director <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br /> <br /> <br />December 7, 2016 <br /> <br /> <br />John Adams <br />Energy Fuels Coal, Inc. <br />P.O. Box 773457 <br />Steamboat Springs, CO 80477 <br /> <br /> <br />Re: Southfield Mine (Permit No. C-1981-014) <br /> Bond Release Application No. 4 (SL-4) <br /> <br /> <br />Dear Mr. Adams: <br /> <br />In accordance with Rule 3.03.2(5)(b) of the Rules and Regulations of the Colorado Mined Land <br />Reclamation Board for Coal Mining (Rules), you are hereby notified that the Division's decision <br />to approve Bond Release Application No. 4 for the Southfield Mine became final on December <br />2, 2016. <br /> <br />Bond Release No. 4 reduces your reclamation liability by ($23,787.00). The current liability is <br />now $10,000.00. The Division suggests you provide a copy of this letter (and, for federal <br />operations, copies of the OSM and BLM concurrence letters) to your bonding company for <br />written evidence of approval to reduce your bond. If you choose to reduce or replace your <br />existing bond, it must equal or exceed $10,000.00. If this release constitutes a full and final <br />bond release, the Division will return your performance bond to you as soon as possible. <br /> <br />If you have questions or need additional information, please contact me. <br />