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outside the permit area in excess of premining levels. DRMS approves the SEDCAD evaluation of <br /> sediment production and yield as demonstrated by TMI with Phase II bond release of the SL24 parcels. <br /> Acreage Discrepancy <br /> Based on the Division's review there was a discrepancy between the Division's records and TMI's <br /> over how many acres had previously obtained Phase I bond release that were eligible for Phase II bond <br /> release. After working with TMI,it was found that an excess of acres had been counted as re-disturbed <br /> and that parcel FB-07 that has obtained Phase III bond release with SL20 had not been counted in the <br /> Division's total Phase Phase I released acres. Given this, there were sufficient acres found to have <br /> obtained Phase I bond release that are eligible for Phase II release. Table 7. below is reflective of the <br /> total acres that have been Phase I, II and III bond release assuming SL24 is approved. <br /> Summary and Conclusions <br /> Based upon a review of the mine permit, the applicant's bond release application, the I I October 2023 <br /> bond release inspection and other prior site inspections, the Division finds that Trapper Mining, Inc. <br /> has replaced topsoil in accordance with the approved reclamation plan. Trapper Mining, Inc. has <br /> established vegetation which supports the approved post-mine land use and meets the applicable <br /> success standards. The Division finds that the reclaimed area subject to this bond release is not <br /> contributing suspended solids to streamflow or runoff outside the permit area in excess of pre-mining <br /> levels. <br /> V. PROPOSED DECISION <br /> Based on the above observations, the Division proposes to approve Trapper Mining, Inc.'s request for <br /> a partial Phase II bond release on the SL24 bond release block. This proposed decision will release <br /> the applicant from Phase II reclamation liability for those SL24 bond release parcels totaling 298.3 <br /> acres as per Table 2 of this document. <br /> Table 7: Post SL24 Liability <br /> Phase Bond Release Area Cost Phase <br /> Accounting Bond <br /> Liability Acres Cost/Acre % Release Acreage <br /> 100 <br /> Worst Case Bond $39,815,271.00 2902.30 $13,718.52 % Phase 1 4,269.4 <br /> Phase I Bond <br /> Release $26,550.19 4.70 $5,648.98 40% Phase 2 4,264.7 <br /> Phase II Bond <br /> Release $1,523,529.515 719.2 $2,118.37 15% Phase 3 3,545.5 <br /> Requested <br /> Phase II <br /> acres 298.3 <br /> Total Required Surety $41,365,350.34 3626.20 <br /> The current bond held amounts to $45,100,000.00. The Division proposes to release reclamation liability <br /> in the amount of$977,348.66 for the 298.3 acre SL24 bond release block (see Table 7). Trapper Mining, <br /> Inc. did not request a return of bond monies with the SL24 bond release application. However, should <br /> Trapper Mining, Inc. reduce its bond by $977,348.66, the remaining bond to retain constitutes <br /> Permit Number C1981010 <br /> SL24 Page 16 of 16 <br />