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Wells Fargo Bank of Rifle <br />Greg ,dve a.ecW <br />Marsha Kent Michael S. Long <br />P.O. Box 752 DiWslw+Dlrecw <br />Rifle, CO 81650 <br />Fax (970) 625 -3787 <br />Re: Coal Ridge Mine, C -1984 -065 — NCIG Financial, Inc. <br />Certificate of Deposit No. 0133666870 (1013366687000) <br />Dear Ms. Kent: <br />The State of Colorado, Mined Land Reclamation Board (Division) currently holds certificate of <br />deposit (CD) No. 0133666870 (1013366687000), in the amount of $100,000 as a reclamation bond <br />for the Coal Ridge No. 1 Mine operated by NCIG Financial, Inc. This letters serves to inform you <br />that the Division has approved the release of $56,800 of this CD to NCIG Financial, Inc. 'as part of a <br />bond release procedure for the Coal Ridge No. 1 Mine. Please withdraw $56,800 from CD # <br />0133666870 (1013366687000) and transfer it to account # 7061862501. <br />It is the Division's understanding that the amount of the CD #0133666870 (1013366687000) will be <br />$43,200.00 and that the CD will remain payable to the Division. <br />If you have any questions, please call Johanna Cramer at (303) 866 -3968. <br />Sincerely, <br />Michael B. Long <br />Director <br />cc: Johanna Cramer, DMG <br />Ruston Backer, NCIG Financial, Inc. <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 213 <br />D I V I S I O N OF <br />Denver, Colorado 80203 <br />Phone: (303) 866 -3567 <br />MINERALS <br />FAX: (303) 832 -8106 <br />& <br />GEOLOGY <br />11 EC LAMAT10N <br />R <br />MININ.G•SAFETY <br />October 9, 2001 <br />gill Owens <br />Garen« <br />Wells Fargo Bank of Rifle <br />Greg ,dve a.ecW <br />Marsha Kent Michael S. Long <br />P.O. Box 752 DiWslw+Dlrecw <br />Rifle, CO 81650 <br />Fax (970) 625 -3787 <br />Re: Coal Ridge Mine, C -1984 -065 — NCIG Financial, Inc. <br />Certificate of Deposit No. 0133666870 (1013366687000) <br />Dear Ms. Kent: <br />The State of Colorado, Mined Land Reclamation Board (Division) currently holds certificate of <br />deposit (CD) No. 0133666870 (1013366687000), in the amount of $100,000 as a reclamation bond <br />for the Coal Ridge No. 1 Mine operated by NCIG Financial, Inc. This letters serves to inform you <br />that the Division has approved the release of $56,800 of this CD to NCIG Financial, Inc. 'as part of a <br />bond release procedure for the Coal Ridge No. 1 Mine. Please withdraw $56,800 from CD # <br />0133666870 (1013366687000) and transfer it to account # 7061862501. <br />It is the Division's understanding that the amount of the CD #0133666870 (1013366687000) will be <br />$43,200.00 and that the CD will remain payable to the Division. <br />If you have any questions, please call Johanna Cramer at (303) 866 -3968. <br />Sincerely, <br />Michael B. Long <br />Director <br />cc: Johanna Cramer, DMG <br />Ruston Backer, NCIG Financial, Inc. <br />