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<br /> <br />1313 Sherman St. Room 215 Denver, CO 80203 P (303) 866-3567 F (303) 832-8106 https://drms.colorado.gov <br />Jared Polis, Governor | Dan Gibbs, Executive Director | Virginia Brannon, Director <br />1313 Sherman St. Room 215 <br />Denver, CO 80203 <br />December 29, 2022 <br /> <br />Lexon Insurance Company <br />10002 Shelbyville Road, Suite 100 <br />Louisville, KY 40223 <br /> <br /> <br />Re: Bowie No. 1 Mine (Permit No. C-1981-038 ) <br /> Bond Release Application No. 8 (SL-8) <br /> Bond No. *1399 <br /> <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’s proposed decision to approve Bond Release Application No. 8 for the <br />Bowie No. 1 Mine became final on December 24, 2022. <br /> <br />The bond for the operation is a Corporate Surety issued by your company (Bond No. *1399), in the amount <br />of $329,346.16. The proposed release amount is ($60,430.00). <br /> <br />Please be aware that this notification is not a request to initiate any action by Lexon Insurance Company <br />concerning Bond No. *1399, and is for your information only. Should Bowie Resources, LLC choose to <br />take 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 /> <br /> <br />Robert D. Zuber, P.E. <br />Environmental Protection Specialist <br />Rob.zuber@state.co.us <br />cc: Jeffrey Thompson, CDRMS <br />C-SL-22