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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 0.1 acres be Phase I, II, and III, and 1.7 acres be Phase II and III
<br /> released with this application. The current bond amount for the New Horizon Mine is
<br /> $1,625,848, and New Horizon Mine currently holds a surety bond in the amount of$1,685,639.
<br /> With this application, the New Horizon Mine will be requesting relinquishment of 100% of
<br /> the bond held for these parcels.
<br /> II. Summary Information
<br /> A. General Location Description
<br /> The 0.1 and 1.7 acre parcels requested for Phase I, II, and III release are located within Montrose
<br /> County, Colorado, in the following general locations:
<br /> SE 1/4 NW 1/4 NW 1/4 SW 1/4 of Section 36, Township 47 North, Range 16 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-26 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 SP2 and a
<br /> small surface water conveyance channel. This bond release areas includes approximately 0.1
<br /> and 1.7 acres respectively and are shown in detail on Map 1 within the application. The status of
<br /> the areas being applied for is consistent with the requirements of the reclamation plan, which
<br /> includes constructing the stock pond and ditch per the approved designs. Listed below is a
<br /> general legal description of the area:
<br /> SE 1/4 NW 1/4 NW 1/4 SW 1/4 of Section 36, Township 47 North, Range 16 West of the 611 P.M.
<br /> The New Horizon Mine currently holds a surety bond in the amount of$1,685,639, which
<br /> includes the 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 /> SL-26 Page 1
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