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<br />May 6, 2005 ~ sl,Edt n„c NO:: 4:.`Z~:Id~.S....l!%/ -t._4-- - - -- --
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<br />c/o David C. Vigil rr r~
<br />1313 Williams St.
<br />Denver, CO 80201-2671
<br />To Whom I[ May Concern:
<br />Picketwire Processing, LLC., 2 North Cascade /}venue, ICI"' I~lorn, Colorado Springs,
<br />Colorado 80903, the operator oC New Llk Minc, Pcrnril nurnbcr C-81-012, is tiling tin a
<br />bond reduction for approved activities never implemented and a Phase I Bond release with
<br />the State of Colorado, Division of Minerals and Ccolo)ry- I'cnnil ('-ftl-O Li renewal wne
<br />approved by the Division ou July 12, 2004-
<br />The New Elk Mine is located approximately 7 miles well of 1Veslon, Colorado on Seale
<br />Hwy. 12, within Sections 19, 20, 21 and 28, 'I'S33S, RCBW. 'These sections can be located
<br />on the USGS 7.5 minute Vigil and Weston quadrangle maps. A k,tal of Idl acres of
<br />surface disturbance from mining related activity is awaod by n Corporate Surety Hond in
<br />the amount of$2,114,G49. The requested bond release is $208,OSS.f~rl and 3n.9G acres.
<br />•fhe permittee is~applying for a hood reduction in the anrunnl of $77,998.3Ifix projects
<br />that have been permitted but not implenrcnled. 'I'hc pcrmillce is applyint Inr a Phase I
<br />release for structure removal totaling $12GG3.2(i and a Phase I release Ihr areas rough
<br />graded to final contour in the amount oC $7(i,y33.99-
<br />The bond release document is on file li,r public inspection at the Las Animas l:aunty
<br />Courthouse, O1Dce of County Kecorder and with the Division ol-Minerals and Geology.
<br />Any written comments, objections or requests Ibr a public hearing or inlbnnal andcrence
<br />regarding tl>is bond release applicatiar muss be submitted to Ure Division of Minerals and
<br />Geology, 1313 Sherman SU'ecl, Room 2I 5, Denver, Colorado 80203 within 30 drys of
<br />receipt of this notice.
<br />Sincerely,
<br />Ron Thompson, for
<br />Picketwire Processing, LLC
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