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.- III IIIIIIIIIIIII III 999 energy fuels coal, inc. i foutftllelA mine • post oHlca lww N9 • Ilorenca, colonEO 9/228 • (719) 7914795 January 19, 1995 Mr. David A. Berry Division of Minerals and Geology 1313 Sherman Street, Room 215 Denver. Colorado 80203 RE: Southfield Bond Eslimale Southfield Mine -Your File No. C-81-014 • ~~ Dear Mr. Berry: Accompanying this letter is EFCI's bond cost estimate and supporting material for the Southfield Mine and Loadout. This estimate indicates that EFCI's existing bond surety is sufficient to cover reclamation costs. The bond estimate and accompanying supporting calculations, prepared in accordance with Rule 2.05.4, reflects the current cost estimate to reclaim the mine facilities, loadout, refuse pile and all ottrer disturbed areas related to the mining operation. EFCI has calculated a bond estimate using documented unit costs, information presented in TR-20, demolition bids, and actual haulage costs. The resulting estimated reclamation cost is $831,411. This is the estimated cost, for bonding purposes, which the Colorado Mined Land Reclamation Board (CMLRD) would incur, through standard Colorado contracting procedures, to implement the approved reclamation plan in the unlikely event that EFCI were unable to meet its reclamation obligation under the approved permit. This bond estimate was calculated in compliance with applicable regulations promulgated under the Colorado Surface Coal Mining Reclamation Act. The bond cost estimate was determined by subtasks outlined by the DMG. Cacl1 task along with EFCI's estimated cost are presented on the following pages. [n addition, for each task EFCI has included the spread sheet containing all the assumptions and calculations used in determining the total task cost. In preparation of the bonding cost estimate EFCI focused on selection of the most appropriate reclamation methods and equipment and use of the most accurate and widely accepted cost and productivity references for estimating requirements and costs for the various components of the approved reclamation plan. The only areas in which EFCI does not use published references as the basis for calculations are those for which there is no published data. In these cases, EFCI used the relevant information from actual bids and existing haulage costs.