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This letter will serve to notify you that OMLLC is requesting final liability and <br /> bond release in the total amount of 100% of the applicable bond amount for Phase <br /> III bond release areas. The current total bond liability amount for the mine is <br /> $1,795,770.40. A copy of the entire bond release application submitted to the <br /> Colorado Division of Reclamation, Mining, and Safety will be on file with the <br /> Division in Denver, Colorado at 1313 Sherman Street, Room 215 (telephone <br /> 303.866.3567), the Gunnison County Planning Office, 221 N. Wisconsin St., Suite <br /> C, Gunnison, Colorado 81230,the Delta County Clerk and Recorder,Delta County <br /> Courthouse, 501 Palmer St., 9211, Delta, Colorado 81416, and the Paonia Public <br /> Library, 80 Samuel Wade Rd., Paonia, Colorado 81428 during the review period. <br /> All information pertinent to the bond release request is presented within this <br /> application. <br /> If you have any questions, comments, or concerns regarding the request for bond <br /> release, please contact the Colorado Division of Reclamation, Mining, and Safety, <br /> 1313 Sherman Street, Room 215, Denver, CO 80203 (telephone 303.866.3567). <br /> Additionally, if I can answer any questions or concerns,please call me at the above <br /> number. <br /> Sincerely, <br /> Michael S. Savage <br /> Principal <br /> CERTIFIED MAIL 9 7016 1370 0000 7231 7238 <br /> RETURN RECEIPT REQUESTED <br /> c: Leigh Simmons, CDRMS <br /> Doug Smith, Oxbow Mining, LLC <br />