2020-05-20_GENERAL DOCUMENTS - C1981010

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Table 4. Post SL20 Liability Phase Bond Release Area Cost Accountm* Acreage Acres Cost/Acre % 4214.8 Phase 3 3691.5 $27,931,079.12 2631.61 $10,613.68 SL20 Worst Case Bond Estimate Total 100% Phase I Bond Release $727,674.23 171.40 $4,245.47 40% $833,121.19 $1,592.05 Phase 11 Bond Release 523.3 15% *Req 162.1 -acres — Phase III Release SL20 Required Surety $29,491,874.54 Table 4.1. Post SL20 Phase Bond Release Acreage Post SL20 Acres Acreage Phase 1 4386.2 Phase 2 4214.8 Phase 3 3691.5 The total required surety after the approval of SL20 will be $29,491,874.54. However, given the deficit in required liability of $420,885.55, the Division cannot release any required liability amount with the proposed approval of SL20. The new required surety amount will be set at $29,491,874.54 which is $162,813.80 more than the current required surety amount of $29,329,060.74 from when TR124 was approved. The Division currently holds a corporate surety for the Trapper Mine in the amount of $30,500,000.00. Should TMI elect to reduce their bond to the required surety amount of $29,491,874.54, this amount will be sufficient to complete reclamation of the affected land. Any person with a valid legal interest which might be adversely affected by this proposed decision may request a formal public hearing before the Mined Land Reclamation Board in accordance with Rule 3.03.2(6). Public notice of this proposed decision will be published twice in the Craig Daily Press as soon as possible. Requests for public hearing must be submitted to the Division in writing within thirty days of the first publication in the Craig Daily Press. If no hearing is requested within those thirty days, the Division's decision becomes final. Permit Number C1981010 SL20 Page 16 of 17