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<br />May 6, 2005 $OCeI. hpl. No.;
<br /> cny, scare i ,< J~ ~~ GL[J
<br />Alice and Howard Pinkston ~
<br />Box 2607
<br />Milan, NM 87020
<br />To Whom It May Concern:
<br />Picketwire Processing, LLC., 2 North Cascade nvenuc, I~'~' I~loor, Culorodo Springs,
<br />Colorado 80903, the operator of New Ilk Mine, Permit number C-81-012, is tiling liu a
<br />bond reduction for approved activities never implemented and a Phase I Bond release with
<br />the State of Colorado, Division oC Minerals and Geology. I'crmit C-8I-013 renewal was
<br />approved by the Division on July 12, 2004.
<br />The New Elk Mine is located approximately 7 miles well of Weston, Cvlo)ado un Slate
<br />Hwy. 12, within Sections 19, 2Q 21 and 28,'I'S33S, R68bV. "I here sections can be. localal
<br />on the USGS 7.5 minute Vigil and Weston quadrangle maps. n total of 141 acres of
<br />surface disturbance from mining related activity is covered by a Corporate Surety Bond in
<br />the amount of $2, 114,649. The requested bond release is $208,055.64 and 30.96 acres.
<br />The pennittee is~applying for a bond reduction in the amount of $71,998.31 li,r plojecls
<br />that have been permitted but not intpleniented. 'I'hc pcrmillec is applying h,r a Phase
<br />release for structure removal totaling $12663.2(1 and a Phase I release li,r cocas rough
<br />graded to final contour in the amount of $76,913.99.
<br />The bond release document is on lile fhr public iuspeclion al the I,as Aninnrs County
<br />Courthouse, Otlice of County Kecordcr and with the Division of Minerals and (icology.
<br />Any written comments, objections or requests for a public hearing or inlinnrnl conlerence
<br />regarding this bond release application nwst be submi0ed to the Division of Nlinerds and
<br />Geology, 1313 Sherman SOeet, Room 215, Denver, Colorado FS021)3 within 3n days of
<br />receipt of this notice.
<br />Sincerely,
<br />~~
<br />Ron Tho~on, f~
<br />Picketwire Processing, LLC
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