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J. E. STOVER & ASSOCIATES, INC. <br /> 2352 NORTH 7T"STREEET,UNIT B <br /> GRAND JUNCTION,COLORADO 81501 <br /> PHONE:(970)245-4101,FAX:(970)242-7908 <br /> MINE ENGINEERING CIVIL ENGINEERING <br /> MINE RECLAMATION CONST. MANAGEMENT <br /> PARTIAL BOND RELEASE LETTER <br /> RECEIVED <br /> July 8, 2022 <br /> JUL 19 2022 <br /> Re: Bowie Resources, LLC <br /> P.O. Box 483 DIVISION OF RECLAMATION <br /> Paonia, CO 81428 MINING AND SAFETY <br /> Dear People: <br /> Bowie Resources, LLC has submitted an application for a partial bond release to the Division of <br /> Reclamation, Mining and Safety for its mining permit No. C-1996-083. <br /> One provision of the Division of Reclamation, Mining and Safety's Rules is that the mine must be <br /> bonded for the estimated reclamation cost. Now that a portion of the reclamation work has been <br /> performed, Bowie Resources LLC has formerly requested a partial bond release from the Division of <br /> Reclamation, Mining and Safety. Bowie Resources LLC has a posted liability of$10,971,057 and <br /> has requested that about$344,700 of that amount be released. In accordance with the Division's <br /> Rule 3.03.2(1), Bowie Resources LLC is required to send written notice of its partial bond release <br /> request to adjacent land owners, surface owners and various local governing bodies. <br /> The area for which partial bond release is being requested is at coal mine waste piles#2 and #3. <br /> All areas are located in Delta County. The two drying areas at coal mine waste pile#3 represent 6 <br /> Acres eligible for release, and 5.0 acres at coal mine waste pile#2 eligible for release. <br /> During the period 2015-2016 the areas at gob piles#2 and #3 were used as drying areas for coal <br /> mine waste to be stored until it could be placed on the pile in its final configuration. From 2017-2021 <br /> the material was removed from the drying areas, and the drying areas have been cleaned out of all <br /> material. <br /> Sincerely, <br /> T"Aw,,e, 13 440r, -71131202Z <br /> I E. Stover, P.E. 5�,,fi. <br /> Consulting Engineer <br /> 40 &t4LA CC U---, <br /> l uvll-t - <br />