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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 />Memo <br />Date: June 5, 2018 <br />Tabetha Lynch, DRMS <br />RE: Seneca II -W; C-1982-057: Midterm Review No. 7 (MT7) <br />Reclamation Cost Estimate <br />BONDING SUMMARY <br />Reclamation costs were no recalculated as a part of the Midterm Review (MT7), process. <br />The reclamation cost estimate generated by the Division for the previous renewal RN6, <br />which was approved May 10, 2017, was already updated with the current costs the Division <br />is utilizing at the time of this review. No revisions, bond releases, or other permitting actions <br />that would affect the reclamation cost estimate have occurred since the approval of RN6. <br />The calculated liability for the Seneca II -W Mine is $3,790,697.28. The Division holds a <br />surety bond in the amount of $3,790,697.28 <br />Enclosed is the CIRCES cost estimate to be included in the MT7 findings for reference as <br />this document will replace the RN6 findings. <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 Robert Randall, Executive Director I Virginia Brannon, Director <br />