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Bond liability chronology at Hayden Gulch Mine <br />Effective Action affecting Lands in permit area Amount of Remaining <br />date bond amount affected by action liability bond <br /> increase <br /> decrease <br />1/4/82 Permit issuance Entire permit azea, $2,300,000 $2,300,000 <br /> including minesite <br /> (current permit) and HG <br /> Loadout <br />3/19/88 Approval of Phase I 319 acres at minesite ($855,000) 1,445,000 <br /> release east of Coun Road 53 <br />8/94 Bond recalculation Entire permit area ($76,687) 1,368,313 <br /> in mid-term review (recalculation corrected <br /> an azithmetic error) <br />12/5/96 Approval of TR-63: HG Loadout (new ($708,986) 659,327 <br /> Removal of HG permit no. C-92-081) <br /> Loadout from <br /> ermit <br />6/19/97 Approval of Phase I 45.1 acres east of ($108,046.73) $551,280 <br /> release Coun Road 53 <br />6/23/99 Approval of Phase 357.3 acres ($528,718) $27,437 <br /> IUPhase I[I Bond <br /> Release <br />Of the current bond liability of $27,437, the Division proposes to release all $27,437, recognizing <br />that there is no remaining reclamation liability on the permit (total and final bond release). There <br />is no remaining reclamation work remaining that would need to be performed by the Division, <br />HGTI has on deposit with the Division a corporate surety bond in the amount of $27,437.27. The <br />amount of HGTI's request for release is $27,437.27, the total bond amount. The Division <br />proposes to permit HGTI to cancel the reclamation bond. <br />Any person with a valid legal interest which might be adversely affected by this proposed <br />decision may request a formal public hearing before the Mined Land Reclamation Boazd in <br />accordance with Section 3.03.2(6). Public notice of this proposed decision will be published <br />twice in the Steamboat Pilot for two weeks as soon as possible. Requests for public hearing must <br />be submitted to the Division in writing within thirty days of the first publication in the Steamboat <br />Pilot. If no hearing is requested within that thirty days, the Division's decision will become final. <br />C:\bgw\My Documents\Ilayden Gulch Mine\SL-04\SL-04 FINDINGS.DOC <br />Hayden Gulch Mine Page 17 July 31, 2006 <br />SL-04 <br />