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L PROCEDURES AND SUMMARY OF THE REVIEW PROCESS <br /> Elk Ridge Mining and Reclamation, LLC applied for partial bond release under the Colorado <br /> Surface Coal Mining and Reclamation Act following reclamation of the New Horizon Mine. The <br /> mine is located in Montrose County, All or portions of the following: <br /> Sec 6, T46N, R15W: NE'/4 NW '/4; W '/2 NW '/4 NE'/4; NE'/2 SE'/4; <br /> Sec 1, T46N, R16W: N'/2 NE'/4 NE'/4; NW '/4 NE'/4;NW '/4 SE'/4 NE'/4; <br /> NE'/4 NW '/4; N '/2 SE'/4 NW '/4 <br /> Sec 36, T47N, R16W: SW '/4; SE'/4 <br /> Summary of Bond Releases for the New Horizon Mine <br /> SL-01 granted release of 55.6 acres from the northeast corner of the Mine 1 permit area. The <br /> property was to be used by Montrose County, the landowner, to expand the adjacent landfill. <br /> Release was approved on July 5, 1989. <br /> SL-02 granted release of an additional 14.02 acres from Mine 1 for expansion of the Montrose <br /> County landfill. Release was approved on October 6, 1993. <br /> SL-03 approved Phase I bond release for 215.5 acres at the New Horizon Mine 1. The release <br /> was granted on December 16, 1994. The application also requested Phase 11 release for <br /> portions of Mine 1, but the request was denied by the Division due to insufficient <br /> revegetation. <br /> SL-04 granted Phase I bond release for the remaining 98.6 acres of Mine 1 (the "Rice tract"). <br /> Phase I release was also granted for 51.8 acres in the southeastern corner of New Horizon <br /> Mine 2. The release was approved on May 6, 1996. <br /> SL-05 granted Phase I bond release for an additional 67.4 acres at Mine 2. The release was <br /> approved on January 8, 1998. <br /> SL-06 granted Phase I bond release for an additional 43.4 acres at Mine 2. This release was <br /> approved on July 23, 1999. <br /> SL-07 approved additional bond releases at New Horizon Mine 1. Included were Phase 11 <br /> release for 67.95 acres; Phase III release for 215.5 acres; and release of 24.06 acres that were <br /> undisturbed. The releases were approved on December 21, 2001. <br /> SL-08 granted Phase I bond release for an additional 85.64 acres of Mine 2. The release was <br /> approved on October 25, 2002. <br /> SL-09 granted WFC full bond release for 21 groundwater monitoring wells and 27 <br /> exploration boreholes at the New Horizon Mine I and 2. The release was approved on July <br /> 16, 2007. <br /> C1981008 SL25 Page 3 of 14 <br />