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<br /> <br />1313 Sherman St. Room 215 Denver, CO 80203 P (303) 866-3567 F (303) 832-8106 https://colorado.gov/drms <br />Jared Polis, Governor | Dan Gibbs, Executive Director | Virginia Brannon, Director <br />1313 Sherman St. Room 215 <br />Denver, CO 80203 <br />December 9, 2020 <br /> <br />Lexon Insurance Company <br />10002 Shelbyville Road, Suite 100 <br />Louisville, KY 40223 <br /> <br />Re: Yoast Mine (Permit No. C-1994-082) <br /> Bond Release Application No. 8 (SL-8) <br /> Bond No. *8753 <br /> <br />Dear Sir or Madam: <br /> <br />This letter, as required by Rule 3.03.2(5)(a) of the Rules and Regulations, is to inform you that the Division <br />of Reclamation, Mining and Safety has issued a proposed decision to approve Bond Release Application <br />No. 8 for the Yoast Mine. This decision will be published in the Colorado Mountain News Media - <br />Steamboat Pilot as soon as possible. Publication of the notice initiates a thirty (30) day public comment <br />period. If, within thirty days, there are no requests for an adjudicatory hearing, the decision will become <br />final. <br /> <br />The Division holds a Corporate Surety bond issued by your company (Bond No. *8753), for this operation <br />in the amount of $1,379,988.51. The proposed release amount is ($289,085.24). <br /> <br />Please be aware that this notification is not a request to initiate any action by Lexon Insurance Company <br />concerning Bond No. *8753, and is for your information only. Should Seneca Property LLC choose to take <br />action with regard to this bond release, they will contact you. <br /> <br />If you have questions or need additional information, please contact me. <br /> <br />Sincerely, <br /> <br /> <br /> <br />Robin A. Reilley, GISP <br />Environmental Protection Specialist <br />Robin.reilley@state.co.us <br /> <br /> <br />cc: Jeffrey Thompson, DRMS <br />C-SL-17