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The Division has completed its review and evaluation of the SL-16 partial Phase I,II and III Bond <br /> Release application submitted by Colowyo for the Colowyo Mine. The Division proposes a Partial <br /> Phase I Bond Release on 3.3 acres in the East Pit,Parital Phase II Bond Release on 38.5 acres in the <br /> East and South Taylor Pits and Partial Phase I,II,III Bond Release on 5.2 acres for the East Side <br /> Collection Ditch and Gulch A Pond. Based upon a review of the mine permit,the applicant's bond <br /> release application, and site inspections,the Division finds that Colowyo has completed backfilling, <br /> grading, and drainage reestablishment at the Colowyo Mine in accordance with the approved <br /> reclamation plan for which partial Phase I,II and III Bond Release was requested. The reclaimed <br /> area evaluated within the SL-16 bond release request have been restored to the approximate <br /> original contour of the pre-mining landscape. Slopes conform to post-mining contours as shown <br /> on the approved Postmining Topography Map of the PAP (Map 19 and 19B) and were stable at <br /> the time of the inspection. Proper blending of reclaimed areas with undisturbed slopes was <br /> achieved and reconstructed drainages are stabilizing and in good condition. The Division finds <br /> that Colowyo has achieved the requirements for partial Phase I,II and III Bond Release at the <br /> Colowyo Mine. <br /> V. PROPOSED DECISION <br /> Based on the observations in Section IV above,the Colorado Division of Reclamation, Mining, and <br /> Safety proposes to approve Colowyo's request for a partial Phase 1, 11 and III Bond Release for the <br /> Colowyo Mine. This proposed decision will release the applicant from liability for backfilling, <br /> grading, drainage control, and vegetation reestablishment on 38.5 acres of the site, as shown on <br /> Figure 1 as well as total reclamation liability on 5.2 acres for the East Side Collection Ditch and <br /> Gulch A Pond, as shown on Figure 2 at the end of this document. <br /> The Division holds a performance bond in the amount of$108,025,721.00 for the Colowyo Mine. <br /> The Division has calculated the amount associated with the partial Phase I,II and III Bond Release <br /> area and it totals$96,418.00. The Division estimates its cost to complete remaining reclamation <br /> work at the Colowyo Mine to be $104,583,133.00. This amount is sufficient to assure completion <br /> of the remaining reclamation work to the Colowyo Mine if the work had to be performed by the <br /> Division, including the cost of reestablishing vegetation on any revegetated areas, should those <br /> areas fail. <br /> With the releasable amount of$96,418.00,the Division will still hold a bond in the amount of <br /> $108,025,721.00 which is $3,442,588.00 more than the minimum required liability to fully reclaim <br /> the remaining disturbed areas at the Colowyo Mine. <br /> Any person with a valid legal interest which might be adversely affected by this proposed decision <br /> may request a formal public hearing before the Mined Land Reclamation Board in accordance with <br /> Rule 3.03.2(6). Public notice of this proposed decision will be published twice in the Craig Daily <br /> Press as soon as possible. Requests for public hearing must be submitted to the Division in writing <br /> within thirty days of the first publication in the Craig Daily Press. If no hearing is requested within <br /> those thirty days,the Division's decision will become final. <br /> Proposed Decision and Findings of Compliance October 22,2019 <br /> Partial Phase I,II and III Bond Release SL-16 Page 12 <br />