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New Horizon Mine <br /> I. General <br /> Elk Ridge Mining and Reclamation LLC., New Horizon Mine, Permit No. C-1981-008, is <br /> submitting this application for Phase I, II, and III performance bond release. New Horizon is <br /> requesting that a total of 1.1 acres be Phase I, II, and III released with this application. The <br /> current bond amount for the New Horizon Mine is $1,683,278, and New Horizon Mine currently <br /> holds a surety bond in the amount of$1,685,639. With this application, the New Horizon <br /> Mine will be requesting relinquishment of 100% of the bond held for this parcel. <br /> II. Summary Information <br /> A. General Location Description <br /> The 1.1 acres requested for Phase I, II, and III release is located within Montrose County, <br /> Colorado, in the following general locations: <br /> NE 1/4 NW 1/4 of Section 6, Township 46 North, Range 15 West of the 6"P.M. <br /> Please see Map 1 for the exact location applied for in this application. <br /> B. Public Notice <br /> Pursuant to the Rules and Regulation of the Colorado Mined Land Reclamation Board published <br /> August 1980, and pursuant to the Colorado Surface Coal Mining Reclamation Act 34-33-101, et <br /> seq., notice is hereby given of the filing of an application for Phase I, II, and III Bond Release of <br /> a portion of the New Horizon Mine site. The application is denoted as SL-24 and pertains to the <br /> New Horizon Mine, Permit No. C-1981-008 (approved April 6, 1983) by Elk Ridge Mining and <br /> Reclamation, LLC, P. O. Box 628, Nucla, Colorado 81424, filed with the Colorado Division of <br /> Reclamation, Mining and Safety (CDRMS), Colorado Department of Natural Resources, 1313 <br /> Sherman Street, Room 215, Denver, Colorado 80203. The New Horizon Mine is located <br /> approximately 2 miles west of Nucla, Colorado. <br /> The Phase I, II, and III bond release area applied for is a post mine stock pond named SP1(or <br /> known as Goforth Stock Pond). SP1 was constructed in 2019. This area includes approximately <br /> 1.1 acres and is shown on Map 1 within the application. The status of the areas being applied for <br /> is consistent with the requirements of the reclamation plan, which includes constructing the stock <br /> pond per the approved design. Listed below is a general legal description of the area: <br /> NE 1/4 NW 1/4 of Section 6, Township 46 North, Range 15 West of the 6"P.M. <br /> The New Horizon Mine currently holds a surety in the amount of$1,685,639, which includes the <br /> above listed area. With this application, the New Horizon Mine will be requesting <br /> relinquishment of 100% of the bond held for this parcel. <br /> A copy of the bond release application is on file at the Montrose County Courthouse Annex, 300 <br /> Main Street, Nucla, Colorado and the Colorado Division of Reclamation Mining and Safety at <br /> SL-24 Page 1 <br />