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L PROCEDURES AND SUMMARY OF THE REVIEW PROCESS <br /> Elk Ridge Mining and Reclamation,LLC applied for the full Phase III bond release of 2.9 acres under the <br /> Colorado Surface Coal Mining and Reclamation Act following reclamation of the New Horizon Mine. <br /> The mine is located within Montrose County,All or portions of the following: <br /> Sec 6 T46N,R15W: NEIA NE 1/4; W '/2 NW'/4 NE '/4, SE 1/4 <br /> Sec 1 T46N,R16W: N '/2NE '/4NE '/4;NW '/4NE '/4;NW '/4 SE '/4NE '/4; <br /> NE'/4 NW '/4;N'/2 SE '/4 NW '/4 <br /> Sec 36,T47N, R16W: SW 1/4, SE 1/4 <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 I permit area. The property <br /> was to be used by Montrose County, the landowner, to expand the adjacent landfill. Release was <br /> approved on July 5, 1989. <br /> SL-02 granted release of an additional 14.02 acres from Mine I for expansion of the Montrose County <br /> 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 was <br /> granted on December 16, 1994. The application also requested Phase II release for portions of Mine <br /> 1, but the request was denied by the Division due to insufficient revegetati on. <br /> SL-04 granted Phase I bond release for the remaining 98.6 acres of Mine I (the "Rice tract"). Phase I <br /> release was also granted for 51.8 acres in the southeastern corner of New Horizon Mine 2. The release <br /> 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 approved <br /> on January 8, 1998. <br /> SL-06 granted Phase I bond release for an additional 43.4 acres at Mine 2. This release was approved <br /> on July 23, 1999. <br /> SL-07 approved additional bond releases at New Horizon Mine 1. Included were Phase II release for <br /> 67.95 acres; Phase III release for 215.5 acres; and release of 24.06 acres that were undisturbed. The <br /> 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 approved <br /> on October 25, 2002. <br /> SL-09 granted WFC full bond release for 21 groundwater monitoring wells and 27 exploration <br /> boreholes at the New Horizon Mine I and 2. The release was approved on July 16, 2007. <br /> C-1981-008 SL-29 Page 3 of 10 <br />