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WESTERN FUELS-COLORADO <br />A LIMITED LIABILITY COMPANY <br />NEW HORIZON iC PERMIT BOUNDARY <br />(Garvey/Rice Tract) <br />The following provides a description of the permit boundary of New Horizon 1 C Mine. This <br />boundary is what remains after the sucessfull Phase III bond release in 200112002. This tract is <br />also known as the Rice Tract or the Garvey Tract. <br />The New Horizon 1C Permit Area lays within Section 25,36,31, township 46 North, Range 15 & <br />16 West of the New Mexico Principal Meridian, Montrose County, Colorado or described <br />specifically as follows: <br />Commencing at the northwest corner of said section 6, Township 46 North, Range 15 West, <br />thence N 23d54'14" W, 5924.42' to the point of beginning; <br />thence N 01d54'28" E a distance of 1663.07'; <br />thence N 88d55'49" W a distance of 2691.42'; <br />thence S 01d50'43" W a distance of 1578.08'; <br />thence S 87d07'14" E a distance of 2689.80'; <br />which is the point of beginning, <br />• having an area of <br />4359777.39 square feet, <br />100.087 acres <br />fRevi seJ 12 Nov O1) 2.03~~ <br />