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0 L 0 R A D 0 <br /> Division of ReclamationX 1 , <br /> TM Miming and Safety <br /> Department of Natural Resources <br /> Memo <br /> Date: 7/18/2019 <br /> Tabetha Lynch, DRMS <br /> RE: Roadside; C-1981-041: Bond Release No. 11(SL11) <br /> Reclamation Cost Estimate(RCE) <br /> BONDING SUMMARY <br /> The Reclamation Cost Estimate for the Roadside Mine was updated on 7/18/2019 utilizing CIRCES <br /> costs which were updated by the Division in July of 2019. This estimate updated the tasked from <br /> Permit Renewal No. 7 (RN7) and removed all tasks not associated with the additional work <br /> approved to be conducted with Technical Revision No. 69 (TR69).The reclamation cost associated <br /> with Boreholes also remains in the RCE. <br /> The required surety prior to SL11 was$49.631.54.The calculated liability for the Roadside Mine <br /> after the approval of SL11 is $39,010.The Division currently holds a surety bond in the amount of <br /> $65,702.24. <br /> c�lp <br /> O <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 1876 <br />