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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 />Jared Polis, Governor | Dan Gibbs, Executive Director | Virginia Brannon, Director <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br /> <br /> <br />January 30, 2019 <br /> <br /> <br />Chris Gilbreath <br />Elk Ridge Mining and Reclamation, LLC <br />P.O. Box 33695 <br />Denver, CO 80233 <br /> <br /> <br />Re: New Horizon North Mine (Permit No. C-2010-089) <br /> Bond Release Application No. 1 (SL-1) <br /> <br /> <br />Dear Mr. Gilbreath: <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. 1 for the New Horizon North Mine became final on <br />January 22, 2019. <br /> <br />Bond Release No. 1 reduces your reclamation liability by ($4,049.55). The current liability is <br />now $4,838,971.46. 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 $4,838,971.46. 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 />